Chapter 233: Investing 100 Billion USD in R&D

Tang Mi ate too many kebabs, holding her stomach, she had no strength and didn't want to move at all.

But Lin Feng still forced her to drink some milk.

This helps digestion.

"Will you still be gluttonous?"

After Lin Feng took the straw from her mouth, he asked with a smile.

Tang Mi waved her hand, "I don't want to, I don't want to eat for a whole week!"

"Give yourself a day off today and rest well!"

Lin Feng prepared to leave.

Tang Mi said weakly, "Remember to go to Mi Guo with me at the end of next month!"

"Got it."

Looking at Tang Mi lying on the sofa, unwilling to move, Lin Feng waved at her, opened the door and left.

You little thing, I still can't handle you!

Lin Feng felt very pleased inside.

Two o'clock in the afternoon.

Jiachen Dasha.

"Dong dong~"

Lin Feng knocked on the door and walked into Guo Yanru's office.

"You go first!"

Seeing Lin Feng enter, Guo Yanru said to a young female staff member.

The female staff member nodded and silently withdrew.

When leaving, she sensibly closed the door.

"Not busy these days, right?"

Lin Feng pulled a chair, sat in front of the desk, and asked with a smile.

Guo Yanru shook her head: "Not too busy now; the matters under me are basically settled, just let the personnel of each department handle them."

"Take a look at this."

Lin Feng took out a few folded papers from his pocket and handed them to Guo Yanru.

Guo Yanru received them and unfolded them.

Upon seeing the first page, surprise appeared in her eyes.

What Lin Feng gave her was a proposal.

The first page of the proposal covers the establishment and planning of the crystal element and semiconductor industry.

It includes design, namely integrated circuit design, wafer fabrication and packaging testing, etc.

The proposal states that they aim to master all related technologies within six years.

Even the photolithography machine must be made themselves.

"This year is almost over, that is, from 2013 to the end of 2018, six years; do you know how many years abroad have developed?"

Guo Yanru frowned and said.

Lin Feng gave a slight smile: "Others have been working on it for decades; even with six years we can't say we'll surpass them, let alone catch up. But my requirement is that it just needs to meet civilian needs."

Guo Yanru frowned: "The investment is huge, and the products produced might have no competitiveness at all."

Lin Feng sighed: "Except for the small cost of design, which we still have people doing domestically, the rest is hardware manufacturing, the investment is too huge."

"At the same time, we are far behind them by many years; the products made might not sell, so no one is willing to invest in R&D."

"But we can't not do R&D just because we can't make money; what if one day the Americans cut off supply?"

"Really?"

Guo Yanru analyzed: "Our economic development is fast, consumption capacity grows significantly each year; with such a huge market, Lao Mi cannot possibly give up."

Lin Feng shook his head: "Most people think like you, but you must know that only by mastering things yourself is the true way."

"You can't say that because others rely on you for food they won't smash your pot."

"In these six years we won't produce products, just do R&D, establish our own crystal element semiconductor system, storage technology. Even if they don't choke us and we recoup not a cent, I'm still willing."

"Let me see how much investment is needed."

Guo Yanru picked up the calculator on the desk, preparing to estimate the investment.

Lin Feng said: "No need to calculate, because you fundamentally don't understand; calculating would be pointless."

"Six years, I plan to invest 100 billion USD in R&D of photolithography machines and related technologies."

"100 billion...... USD!"

Guo Yanru looked at Lin Feng with a shocked expression.

Lin Feng laughed: "Don't be so shocked; I still think this money isn't enough! Just one photolithography machine is very difficult. Still, as I said before, we can't give up R&D just because it's hard."

"Actually, domestically in related fields, people have been working on it for a long time and have achieved quite a bit; it's just that insufficient R&D funding makes progress slow."

"So, we are not starting from zero."

"Related research institutes and enterprises, we'll acquire what we can acquire, cooperate where we can cooperate; in six years, I believe this 100 billion USD won't be wasted."

Guo Yanru nodded.

Then she opened the second and third pages.

After reading the three-page proposal, Guo Yanru didn't know what to say.

Lin Feng's plan on paper is all high-tech industries, with huge R&D investment.

For example, making hydrogen engines, hydrogen-powered vehicles, supporting facilities, etc.

The R&D investment in these technologies totaled 500 billion dollars over eight years.

"How much do you plan to invest initially?"

Guo Yanru asked curiously.

Lin Feng thought for a moment and said, "Let's see how things go! From now until the end of next year, we plan to invest 150 billion dollars, and we can add more if needed. The R&D institute will be placed under Qingfeng Investment; just pick any name, and call it whatever laboratory."

After saying that, Lin Feng furrowed his brows and fell into deep thought.

He currently has only over 20 billion dollars in cash.

Over eight years, the total investment will be 150 billion.

There's still a shortfall of over 120 billion!

Should we send Huang Ziping overseas to make paper?

That idea popped into Lin Feng's mind again.

While Lin Feng was thinking, Guo Yanru was also thinking.

A moment later she said, "Should we seek financing?"

Lin Feng shook his head directly and said, "We have money; there's no need for that. We can give the R&D staff some extra benefits, such as solving housing, household registration issues, free medical care for immediate family members, and so on."

On this front we can talk to the higher-ups; I believe they also support our R&D plan. We need money, we need scientific talent, we need land to build an industrial park, and so on!

Guo Yanru sighed and said, "Still talking about having kids! Just drafting the proposal, setting up the R&D department structure, various project investment budgets, and so on—it takes several months."

Lin Feng laughed and said, "Silly girl, find professional talent to handle this; you just take care of the payments and supervise the use of the R&D funds."

After saying that, Lin Feng suddenly realized that Guo Yanru's complaint wasn't about being busy with work, but that Lin Feng wasn't having a child with her.

At this point, it was time to leave work at noon.

The employees in the company began to clock out and leave work.

Lin Feng locked the office door from the inside and drew the curtains.