Deficit of capital of semiconductor of the abb in Ning Bo goes bankrupt auction
October 4, 2008
Semiconductor of the abb in capital deficit peaceful wave goes bankrupt auction
Wang Ruchen
What ever was expressed great expectations is medium circuit of abb accumulating body (Ning Bo) limited company (next weighing ” in abb ” ) already entered at present go bankrupt auction process. “End operation basically July. ” a staff member was opposite free tax zone of Ning Bo of this company seat yesterday ” daily of the first finance and economics ” say.
In the insolvency of abb and industry of semiconductor of the chinese mainland a year ago are successive many investment failure case has ” different in approach but equally satisfactory in result ” place — capital catenary is nervous. Interior of free tax zone of peaceful wave of message personage cite analyses a report to say, the operation it may be said of enterprise of type of production of foreign capital of this division share steps forward dimension difficult, cost a source for nothing. Mention among them, in a priori of company contributive structure such as abb is insufficient, capital catenary is nervous, the reason is when registering, fill with importing equipment more endowment, the money is contributive and very few, although add up to law to set, but cause defect of contributive structure a priori, bring about circulating fund inadequacy, increase other risk, the business is much endowment not pay a debt in kind or by labour.
Capital pressure
Those who held water in Feburary 2002 is medium abb is located in Ning Bo the area austral free tax zone, ever was this area first semiconductor creates a company, the abb in belonging to accumulates body circuit (graceful) the wholy-owned subsidiary of limited company, ever was regarded as the hope project of Zhejiang semiconductor industry, register capital 100 million dollar, fixed position is made at 6 inches of chip with the service. Among them first phase project invests 150 million dollar, cover an area of a face to accumulate 13 hectare. Peaceful wave free tax zone still is its obligate 2 period, 3 period space.
This company first phase in July 2004 put into production, belong to the mainland to have high-pressured CMOS/BiCMOS technology at that time the product line of 0.5 micron. Abb target is to had made 6 inches of items first in, future is overhand 1.5 billion dollar enters 8 inches, 12 inches, build banner semiconductor base.
In abb in May 2004 after shipment of the first chip, spent two years of time to just achieve 10 thousand / lunar crop, ming Xian of this company president Feng says before this, facilities uses neat, one factory hopeful achieves 40 thousand / month, production value can amount to 100 million dollar, but did not achieve all the time 4 years past.
And did not amount to yield immediate cause to come from equipment obstacle. When abb holds water in, equipment comes from a stage to accumulate report one factory, this factory is the base when the stage accumulates report to held water 1987, equipment life is close already 20 years. The issue often gives after real operation, machine error fails to solve from beginning to end, bring about produce can wander in all the time 10 thousand / month, cash shedding cannot achieve a balance all the time.
Expert of semiconductor industry research is greatest health ever was opposite ” daily of the first finance and economics ” express, semiconductor service life of equipment is 15 years commonly, exceed fixed number of year to maintain a venture very big, cost is high (make an appointment with 100~150 dollar to serve cost) hourly, spare parts also is put in difficult problem. And in abb equipment uses fixed number of year to already was close to or exceed 15 years, reach life basically eventually period.
But important is, abb lacks capital to change all the time in product line. And as operation hardship, financial deficit is larger and larger.
In abb is in charge of high formerly do not wish to disclose the financial figure when allow. This company website announced battalion to collect data only, came to was 11.59 million dollar, 20.59 million dollar, 29.38 million dollar respectively 2007 2005, this year head season battalion closes for 7.1 million dollar, but material gain is unidentified.
Place of limited company of investment of Beijing century future does ” risk of industry of Chinese integrated circuit analysed a report 2008 ” show, in Zhejiang semiconductor production industry, hangzhou person orchid best, the abb in Ning Bo is the poorest, up to in November 2007, its be in debt already amounted to 75.24 million yuan.
This is indirect the contradiction between the abb in bringing about and supplier. Before two months, shanghai Yadisi semiconductor with business contract dispute, will medium abb tells a court. And the reason with real backside is in pressure of Yu Zhongwei finance affairs.
Former engineer of the one abb in the name discloses, the company ever defaulted employee housing accumulation fund, after been mirror April, management center of fund of housing of area of logical sequence of north of city of peaceful at that time wave and in after abb is harmonious, just filled this year in Feburary capture a month that owed pay last year.
In Cai Naxiong ever disclosed abb former general manager external in year last year, ceng Chengnuo of peaceful wave place gives support, but bank respect gets ranking command supports 6 inches of product line no longer suddenly, likelihood mount a horse 8 inches of taller even product line, abb gets in very big impact.
Flow first because mark a price,pat too tall
Be in early on September 4, zhejiang 3 rivers auction and Ning Bo two companies are in sale the auction information of the abb in was being announced on the website, relevant asset includes industry estate and electronic equipment, machine equipment, facility for transporting and only technical project is made over etc. Among them house property builds gross area 34315.72 square metre, land usable floor area 131054 square metre, pat since whole, referenced price RMB 211.4 million yuan, bail 20 million yuan.
But 19 days of this asset flow pat. To this, 3 rivers auction Zhejiang Mr Sun says company staff member, basically be the program has some of problem, did not disclose more reason. Tall canal represents the semiconductor industry of an abb in professing to be familiar with, shed the content price that sends a reason to depend on mark too tall, “Besides industrial real estate, other value is not great, where be worth 200 million yuan? ” he says, the machine life of abb already was close to 20 years in, it is old simply ” antique ” .
It is reported, the company such as microelectronics of Founder microelectronics, Shanghai shellfish mountain ever tried to be bought. An in-house personage represents Shanghai shellfish mountain range, pay close attention to the abb in passing really, but the reason that emphasized afore-mentioned personage analysises likewise. Mr Sun expresses to our newspaper, 2 times the auction is in surely on October 6, place and the content information that auction mark are changeless. Reporter discovery, 3 rivers and peaceful wave already were in 19 days of Zhejiang greatly the website hanged sale announcement afresh.
Day stands can’t bear deficit 5 years drafting business of carry out hard disk
December 25, 2007
Message personage says, day stand at attention is considering a variety of possibilities method, in order to turn round situation of not to be pooh-poohed of carry of battalion of hard disk business, include to introduce strategic investor among them.
Many financial personage discloses, united States forest already was seeking the illicit collect fund that has fun at possibly, in the capital of favour of group of triumphant thunder investment, KKR, shellfish and silver-colored lake investment list that invests in the likelihood. Still not be clear that Rilihui sells at present all or business of partial hard disk.
Since day stood to take over hard disk business from inside IBM hand with 2 billion dollar 2002, this business is successive already deficit 5 years, deficit specified number amounted to 375 million dollar last year, grow 60% compared to the same period.
Deficit of homebred mobile phone: Swan first deceive holds banter high north field holds Quan high
December 20, 2007
Will tell to enterprise of domestic mobile phone, the summer of firm this year past more resembling is an endless cold winter. Had announced half annals showed 2007, a few main mobile phones produce an enterprise to be in deficit condition entirely.
Sum up deficit reason, they happen to coincide the ground mentions the market to go up long except the machine of a vicious person manipulating sb or sth from behind the scenes that does not go. Machine of a vicious person manipulating sb or sth from behind the scenes resembles ” cancer cell ” spread everywhere in the market euqally, let Xia Xin, wave guide the star of markets of these domestic mobile phone people profit all is broken. Analyse further can discover however, deep-seated reason remains dug.
As technical development, mobile phone besides ceaseless aggrandizement its communicate inherently outside the function, still was gifted function of more vogue, recreation. The addition of these functions, in ceaseless aggrandizement each brand adds mediumly in consumer memory value, and in the market focus of translate into demand.



