A Taiwanese R&D site of a Chinese company. Basically, it is seriously short of talent, and most employees mainly do debugging; the R&D staff lack exceptional talent. Although many employees came from MediaTek, that is putting it nicely. Ardentec was acquired by Ralink, and after being acquired by MediaTek, those people were asked to leave because they had made no significant contributions at MediaTek. They subsequently sought opportunities in China. Unfortunately, the leaders there are not particularly outstanding either. There are many entrepreneurs in Silicon Valley, but also many failures. Overall, the company’s prospects are unclear. If you have opportunities at large IC companies, I recommend going to another large company. The stock options offered by a startup may be enticing, but if it cannot IPO, and there is no way to turn losses into profits, everything is just a pie-in-the-sky dream. I believe most people with engineering backgrounds have had relatively little exposure to finance and entrepreneurship. I can only say first that trying to operate in China’s financial market is dangerous: the stock market is government-led. The company is registered in a tax haven, so an IPO in the United States would be difficult, and Taiwan is also highly unreceptive to companies beginning with “F.” After the company lists in China, transferring your money back to Taiwan will be difficult. Its technical capabilities are ordinary; it does not have a strong RF communications team like Ralink Technology. Let alone compared with MediaTek. It wants to enter the niche smart-grid and IoT markets. First consider that people replace their phones about every two years, televisions about every five years, and electricity meters about every seven years. China’s power industry is mostly state-owned enterprises and places great importance on political and business connections. First, look up the company’s chairman—the company basically has no political or business connections at all. Newcomers who want to learn technology should still go to a large company for training first. Experienced workers who want to make money should first study investing and understand the company’s technical capabilities during the interview. First ask what kind of CPU it uses. A high-end or low-end CPU cannot represent a company’s technical capabilities, but you can first ask how the CPU is used. Also ask about its modem technical capabilities. Personally, I am more optimistic about Bluetooth and LoRa for IoT. But first understand the level of LoRa technology at the major companies. For a small company trying to catch up, first ask how many people are on the modem team (digital IC), and how its algorithm department compares with those at Ralink, Realtek, and MediaTek. Many small companies have already been working on LoRa for a long time. First of all, the company has not yet turned its losses into profits. For an IC startup to try to become profitable now, perhaps both the chairman and the general manager are simply too optimistic.