Wuhan's 100 billion chip project suddenly died. What is the main reason why this project failed?

With insufficient professional skills, if you use the conventional high-tech industry evaluation process to treat investment in the chip industry manufacturing industry, no matter how rich your theoretical knowledge is and how cautious your attitude is, you may still get into trouble in reality, and Wuhan's Businesses clearly haven't overcome these troubles. Detailed information

The Wuhan Hongxin project, which claims to have invested hundreds of billions of yuan to achieve a one-stop service from design to packaging and production, stalled last year due to financial difficulties and other issues. Recently, the media revealed that this project has no hope of resuming work. The company's top management has notified all employees to complete the resignation procedures before March 5.

Hongxin, which is rumored to have laid off all its employees, has become one of the typical unfinished semiconductor projects in recent years. In addition to Hongxin, there are also some projects in various places that were hastily launched during the chip boom. Now more or less Many of them are in trouble. In addition to common decision-making problems such as "overheating for political performance", as one of the most technologically complex technology industries in the world today, the extreme particularity of the chip industry is also one of the key factors.

The particularity of the chip manufacturing project is that although everyone is aware of its complexity, it is difficult for laymen to form an intuitive understanding of the difficulties of this industry. It cannot be said that those local governments that have made the decision to introduce chip manufacturing but then ran into difficulties know nothing about high-tech investment. Some even have considerable successful experience. Opportunities are rare, grab them before you talk about them? Overcome any difficulties if they arise? There are always more solutions than difficulties. There will be fun if you take action. Drive R&D with fist projects. These "positive thinking" common in the execution of high-tech projects may be applicable to chip manufacturing projects. But it is not the correct direction of thinking.

High-tech projects are usually not smooth sailing, but are accompanied by various problems. If you overcome all the problems and have the right market timing, the project will be successful. From a technical perspective, the project has been demonstrated and launched. The problems that need to be overcome during the construction process should be debugging and minor, and the main technical elements must be present. When organizing technical research on projects, we cannot have endless time and uncertain prospects.

Generally speaking, even if a high-tech project fails, it can at least produce some finished product. Investment itself is accompanied by risks. It is inevitable to lose in market competition due to outdated market or insufficient indicators. However, for a hastily launched chip manufacturing project like Hongxin, not to mention that it cannot produce a finished product, it cannot even put together a production line, and it does not even have the opportunity to debug and solve problems. This is incredible for ordinary high-tech projects. This fully proves the high risk nature of the chip industry.

my country has been the world's largest manufacturing country for 11 consecutive years. It has the most complete industrial chain advantages among all countries in the world. China already has the main technical elements of general high-tech projects. However, in the field of chip manufacturing, what China lacks is a complete industrial chain, and chips have become one of the biggest shortcomings of China's technology industry.

Currently, we are organizing the chip industry with unprecedented efforts to make up for our shortcomings. However, the relevant R&D activities are highly specialized and only focus on key departments in Shanghai, Beijing and other places, and have basically nothing to do with local governments who are keen on chip projects.

According to past experience, after the technical team with state-owned enterprises as the core achieved basic technological breakthroughs and transformed high-tech elements into cabbage, the local investment boom began and became effective in the market economy competition. Success or failure, the fast fish eats the slow fish. The chip industry should also follow this rule. Only after breakthroughs in core basic technologies are achieved, can you catch up with each other and start projects. However, the particularity of the chip manufacturing industry is that even if there is a breakthrough in related technologies, there will be thousands of related production links, requiring a huge number of technical talents. The rules of talent training are also different from other high-tech projects.

It is not terrible for a few chip projects to fail. The project investment is in stages. The "100 billion investment" is mostly just planning and publicity. Only the least expensive initial civil construction plant investment will be implemented, and the losses are not expected to be too high. What's more important is to learn lessons. After the local chip boom showed signs of unfinished business, the operational advantages of the Chinese government's rapid and flexible adjustment of policies were reflected in the failed chip projects. The learning curve of local governments' chip projects has quickly bottomed out. The chip boom will never pass. I believe that after understanding the complexity of the chip industry, local governments will be more organized and prepared to promote related projects.