Total cessation of production!It was reported that a well known electronics company had closed down

Mondo Social Updated on 2024-01-28

Introduction: On December 5, the news of the dissolution of Furui Microelectronics, a well-known domestic computing power giant, spread on the Internet, causing widespread attention from the outside world. Furui Microelectronics was once regarded as the brain role in Fosun Group's artificial intelligence ecology and occupied a place in the domestic large-scale computing chip market, but now it has ended up "disbanded", which is really embarrassing.

According to the hot news on the Internet, Furui Microelectronics, which was established in 2021, was dissolved, employees were dismissed in accordance with the law, and the company's operation was completely stopped. Up to now, there has been no official news from Furui Microelectronics, but the discussion of dissolution and compensation has been spread on multiple platforms. An employee claiming to be Furui Microelectronics revealed through social ** that the company will compensate according to the N+1 plan this time, but the N+1 compensation will be paid to employees in installments, which is rare in the entire industry. Regarding the dissolution compensation of Furui Microelectronics, there are two voices of discussion on the Internet, the first is that the compensation of N+1 is too small, which is not quite like the style of a large chip factory;This is followed by N+1 instalments, which are still controversial in law.

For the N+1 installment payment plan, some legal professionals said that this practice is in line with laws and regulations, but there are still prerequisites, firstly, before terminating the labor contract with the employee, Furui Microelectronics must communicate and negotiate with the employee, clarify the deadline for the installment, and obtain the employee's consent;Secondly, if Furui Microelectronics fails to pay compensation as agreed after terminating the labor contract, the employee still has the right to protect his or her own interests. However, as a major electronics manufacturer that is infinitely favored by the capital market and has been blessed by Fosun Group, it has now reached the point of dismissing employees through installment payments, and I am afraid that the central acid can only be experienced by being in it.

According to public information, Furui Microelectronics was established by Fosun Group, a Fortune 500 company, and the company is positioned to become a leader in computing power for intelligent travel. In March this year, Furui Microelectronics announced the completion of hundreds of millions of yuan in the pre-A round of strategic financing. With the blessing of capital, Furui Microelectronics was once touted as the "light of domestic production" by many people, and it was beautiful for a while.

Although Furui Microelectronics has received capital and technology support, it is still unable to withstand the pressure of continuous losses in the face of market uncertainty. An insider who claims to be the company said that in the past period, the company's capital flow has been problematic, and the business situation is not too optimistic. Another industry insider pointed out that with the gradual fierce competition in the global electric vehicle market, a round of industry reshuffle is imperative, and the resulting competition in the industrial chain will continue to intensify, such as the battery industry, vehicle intelligent system industry, motor industry and other core links. Industry insiders also emphasized that although Furui Microelectronics did not face market pressure like electric vehicle companies, the pressure of downstream enterprises such as price reduction and production reduction will still be transmitted to all enterprises in the industrial chain.

Judging from the current trend of industrial competition, although Furui Microelectronics has the advantage of capital support, it is very difficult to quickly achieve profitability in the increasingly complex market competition. If you continue to implement the long-term competitive strategy, you may face a greater loss area. In this context, dissolution may be the wisest choice.

In 2023, companies deeply bound to the electric vehicle industry will enter the knockout round, and the industry reshuffle is inevitable.

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