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The massive loss of talent is the "gospel" of Silicon Valley's development, but it has brought a disaster to Fairchild Semiconductor. From 1965 to 1968, the company's sales continued to decline, less than 100 million US dollars, and it was not profitable for two consecutive years. People are well aware that it is no longer a "miracle created by naughty children".
In order to find someone to replace Noyce, Sherman Fairchild brought in Dr. Lester Hogan from Motorola to show his "thirst" for the highest salary in Silicon Valley history - a salary of $1 million plus $600,000** for three years. Hogan is not an incompetent general manager who has brought Motorola a major turnaround. During his six-year tenure as Fairchild, he did his best to triple the company's sales.
However, the soul of Fairchild Semiconductor has already left, and its collapse is only a matter of time. In 1974, Hogan, who was powerless to return to the sky, handed over the reins to the 36-year-old Corrigan, and his successor made the company fall from No. 2 to No. 6 in the semiconductor industry within two or three years.
In the late '70s, Corrigan finally discovered that the best way to save Fairchild Semiconductor was to sell it. After many setbacks, he settled on Schlumberger, a $2.1 billion company with assets, even though it was a French company and one that operated in the oil services industry. In the summer of 1979, Fairchild Semiconductor, once the best company in the United States, was taken over by French foreign investors for $350 million, causing a great sensation inside and outside Silicon Valley.
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In 1957, Noyes and eight other engineers founded Fairchild Semiconductor. Fairchild has played the role of a locomotive in the history of the development of the semi-conductor hail industry since the 60s. In 1967, Fairchild's turnover reached $100 million.
He joined Fairchild in 1963. Later, the Fairchild laboratory was disconnected from the production plant.
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In 1957, Noyes and eight other engineers founded Fairchild Semiconductor. Fairchild has played a locomotive role in the history of the semiconductor industry since the 60s. In 1967, the turnover of the Fairchild Hall Banquet Division had reached 100 million US dollars.
Grove joined Fairchild in 1963.
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Fairchild Semiconductor in the 60s entered its first period. By 1967, the company's turnover was close to $200 million, which at the time was astronomical. According to Dr. Yu Youcheng (now the Chinese vice president of Intel Corporation), who joined the company that year, recalled
Entering Fairchild is equivalent to stepping into the door of Silicon Valley's semiconductor industry. However, it was also during this period that Fairchild began to breed a crisis. The parent company's general manager continued to shift profits to the East Coast to support Fairchild's profitability.
Witnessing the unfairness of the parent company, Herney, Roberts and Claire in the "Eight Rebellions" first ran away in anger and founded Anelco. It is said that Herni later founded as many as 12 new companies. Subsequently, Glass, another member of the "Eight Rebellions", also led several people to break away from Fairchild and found Signatix Semiconductor.
Since then, a large number of talented elites who have poured into Fairchild have left to start their own businesses.
As Apple's Steve Jobs likened it: "Fairchild Semiconductor is like a mature dandelion, and as soon as you blow it, the seeds of this entrepreneurial spirit will flutter in the wind." Among the founders who broke away from Fairchild Semiconductor, the more famous ones were Charles Spock and Jerry Sanders
sanders)。Spock was the general manager of Fairchild Semiconductor for a time, and after leaving in 1967, he moved to National Semiconductor Corporation (NSC) as CEO. He overhauled the city and moved the NSC from Connecticut to Silicon Valley, growing it from a loss-making company to the world's sixth-largest semiconductor manufacturer.
In 1969, he led seven Fairchild employees to found Advanced Micro Instruments (AMD), which was second only to Intel as a microprocessor manufacturer, and that microprocessor products such as the K6 and K6-2 were sold all over the world.
In 1968, the last two of the "Eight Rebels" Neus and Moore, also took Grove (A. Murf).Grove broke away from Fairchild and started the famous Intel company. Despite saying goodbye to Fairchild, the "Eight Rebels" still agreed to meet together, most recently in 1997, and only six of the eight were still alive.
It seems that the "defection" spirit of the "eight rebellions" is to be exalted, and batch after batch of "fairy children" have rushed out of the way, setting off a huge entrepreneurial upsurge. In this regard, the famous bestseller "Silicon Valley Fever" published in the early 80s wrote: "Half of the approximately 70 semiconductor companies in Silicon Valley are direct or indirect descendants of Fairchild.
Working at Fairchild is a gateway to the semiconductor industry, which is spread across Silicon Valley. At a 1969 conference of semiconductor engineers in Sunnyvale, fewer than 24 of the 400 attendees had never worked at Fairchild. In this sense, it is not an exaggeration to say that Fairchild Semiconductor is the "cradle of Silicon Valley talent".
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Many computer historians agree that to understand the history of Silicon Valley, it is necessary to understand the early days of Fairchild Semiconductor, also known as Fairchild Semiconductor. The company, once the largest, most innovative and most exciting semiconductor manufacturer in the world, laid a solid foundation for Silicon Valley's growth. More importantly, this company has also nurtured thousands of technical and managerial talents for Silicon Valley, and it deserves to be the "West Point Military Academy" in the electronics and computer industries, and is a veritable "cradle of talents".
Batch after batch of elite talents have walked out and started businesses here, writing a glorious history of Silicon Valley; However, it is precisely because of the large loss of talents that the company has experienced ups and downs in the business world.
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