Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in hlnovel.com -> Romance -> Looking back at 1991

Chapter 372: The Dog Bites the Hedgehog and Can't Kill It

Previous page        Return to Catalog        Next page

    You can search "Looking Back 1991" in Baidu to find the latest chapter!

    Washington State

    ? Hidden in a high-end clubhouse surrounded by green trees

    A group of well-dressed upper-class people are having a secret discussion. If Wang Yaocheng is here, he knows everyone present and has dealt with them at least once.

    Senator Michael Bay, Enron chairman Kenneth Wray, Winthrop Rockefeller, and some of the biggest names in the Boston and Mellon groups.

    The topic is;

    How to help Samsung Electronics out of the predicament?

    Winthrop Rockefeller spoke first;

    "My friends, Mr. Li Jianxi, our ally on the Korean Peninsula, sent a request for help. Samsung Electronics needs our help, whether it is technology or policy, or even free markets in Europe and the United States.

    ?As common shareholders, everyone has the same interests and hope that we will spare no effort to satisfy our friends on the Korean Peninsula.  "

    "What's the biggest problem?"

    "What kind of help does Samsung Electronics need, technology or market?"

    Facing everyone's questions, Winthrop Rockefeller smiled wryly, pointed his neck and said;

    "Samsung Electronics desperately hopes that the boss king can loosen the noose around his neck.

    ?With two 10-inch wafer fabs in Jinling and Shenzhen in mainland China being put into production, the price of memory chips in the international market has plummeted, and it has once again fallen into a bloody state.

    Two years have passed since the good times, and a new round of brutal competition has begun.

    Atlantic Jinko announced the next step of large-scale investment in China's 12-inch fab plan, which is still the ab two-factory plan, with an estimated investment scale of up to 23 billion U.S. dollars.

    It is only the first step, and there should be follow-up plans, which is a great blow to Samsung Electronics, which has just recovered slightly.

    Hynix Semiconductor on the Korean Peninsula is currently in full production and has also launched a 12-inch fab investment plan with an estimated total investment of 13.5 billion US dollars.

    That is to say;

    Only the first step plan of Atlantic Jinko Group will build three internationally advanced 12-inch fabs with a total investment of 36.5 billion US dollars.

    At the same time, in the field of memory chips in 2001, as much as 3.7 billion U.S. dollars will be invested in research and development, which can be called a big deal.

    According to the 2001 first financial quarterly report, Atlantic Jinko Group's current production capacity has occupied 39.72% of the world market, and it is the world's largest memory manufacturer with very strong strength.

    Samsung Electronics has expanded its production capacity through counter-cyclical reverse growth, and its market share has further increased to 31.2%, making it the world's second largest memory manufacturer.

    The third largest company is Fuso's Elpida Semiconductor. After they acquired Mitsubishi Electric's dram business, their market share has not increased but decreased. There have been considerable losses and they are still struggling to support it.

    Elpida Semiconductor will have strong support from the Fuso government in the future, and will not allow the only memory chip manufacturer to fall.

    Therefore, the current competitive situation is worrying.

    The problem is that Samsung Electronics is facing the next round of brutal market competition just as its huge debt has been cut in half.

    Whether it is possible to suffer until the dawn of the sky, depends on whether the boss king is merciful?  "

    Everyone was silent.

    The US-funded consortium went to the Korean peninsula to pick up bargains and organized a group to sweep goods. They were interested in Samsung Electronics' world-competitive home appliance production capacity, Samsung Group's complete industrial layout, excellent skilled workers and assets.

    ?From the perspective of mergers and acquisitions, the US-funded consortium undoubtedly picked up a big deal on the price of cabbage.

    No one here dared to imagine that the Samsung Group would develop into an incredible giant in the electronics industry, dominate the global semiconductor industry, home appliance industry, LCD display and mobile phone markets, and become a daunting technology giant.

    Even the most imaginative people dare not think so.

    Under the strong suppression of the Wang consortium, Samsung Group and Samsung Electronics are now going very hard, and the road ahead is bleak and uncertain.

    From everyone's point of view, Samsung Electronics can fully meet everyone's expectations if it can occupy a substantial share in the world market.

    The US-funded consortium acquired the huge assets of the Samsung Group before, and it cost a lot of money. If it continues to invest a large amount, everyone present, including the three powerful consortiums, are a little hesitant.

    "Mr. Winthrop Rockefeller, do you think we will continue to invest heavily to support Samsung Electronics in winning the battle of memory chips, do these kimchi-flavored Han Bangzi have a chance to win in the end?"

    Crew Humphrey of the Boston Consortium hits the nail on the head.nbsp; Kenneth Rey thought that Wang Yaocheng was behind the scenes, trying to reveal this shocking secret.

    According to the investigation by insiders of the fbi, the Wang consortium has nothing to do with this. It was purely caused by the accountant expert Harry Markopoulos himself.

    It's really his mother's bad luck, and drinking cold water will stuff his teeth.

    The remarks made by the accounting expert Harry Markopoulos caused a stir in the society, and the public relations team of Enron Company was overwhelmed by it, and they dared not spend large sums of money.

    Invest your own money?

    Don't be kidding, Samsung Electronics is not far from death from any point of view. If you want to fight off the enterprises under Wang Yaocheng, the world's richest man, first of all, you must be stronger than him, have more money than him, and have more connections than him.

    It also needs to be supported by a large multinational bank that is stronger than HSBC, and there are endless banknotes to burn, and the two sides compete for hard power.

    Want to win the competition by means of indiscriminate means, and the development of European and American business societies has not yet had such a miracle.

    So, Kenneth Wray made up his mind;

    It won't be paid out for a dollar again, so I love it!  (Remember the site URL: www.hlnovel.com
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report