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Chapter 434: Different Minds

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

    For Samsung Electronics;

    Maintaining the status quo is like boiling frogs in warm water, slowly dying.

    ? Fight hard, maybe there is still a breath of life.

    As the entrepreneur with the most outstanding strategic vision on the Korean peninsula, Li Jianxi clearly saw the survival crisis facing Samsung Electronics. After weighing it, he was ready to fight hard.

    Invest 13 billion U.S. dollars to launch an international cutting-edge 12-inch wafer production line, and control your destiny in your own hands.

    The biggest obstacle still comes from within the Samsung Group.

    Not everyone has a clear forward-looking vision like Li Jianxi.

    There are many company directors full of brains who are completely unaware of the crisis of the Samsung Group. Out of consideration for their own interests, they strongly oppose continuing to invest huge sums of money in the field of semiconductor chips.

    It is advocated to continue to strengthen the traditional advantageous fields of chemical industry, petroleum, shipbuilding, automobiles, mechanical products and home appliances, without having to continue to invest money in the deep pit of electronic semiconductors.

    In terms of short-term benefits, continuing to strengthen the advantages in the traditional field can achieve immediate results, which will help the group's market value increase and bring the most direct benefits.

    Those who hold this view include the major shareholder, the US-funded consortium.

    In terms of long-term benefits;

    As two important fields with the most promising development prospects in the electronic semiconductor industry, LCD panels and memory chips have broad potential market prospects, high technical thresholds, and the possibility of developing into monopoly industries, which will naturally bring monopoly high returns.

    It is precisely because of this that Li Jianxi will fully support Samsung Electronics' key investment.

    Dreams are always beautiful, but reality is often cruel.

    Under the full suppression of the fateful rival Wang's consortium, Samsung Electronics' road to the future is doubly difficult.

    ? The investment is large, the risk is high, the threshold is high, but the income is very poor.

    The most difficult thing Li Jianxi faces is precisely to persuade major shareholders to support him, because the Lee family does not hold a decisive controlling stake in Samsung Group, but maintains its current position through complex and highly leveraged cross-shareholding.

    ?As of May 2002, thanks to the gradual recovery of the world economy, Li Jianxi's family assets have grown to a level of more than 5 billion US dollars, most of which are contributed by other companies in the Samsung Group.

    The current value of the entire Samsung Group is about 200 billion U.S. dollars, which is achieved when Samsung Electronics is seriously undervalued.

    The Li Jianxi family holds no more than 2.5% of the shares in the entire Samsung Group. Each company has highs and lows. For Samsung Electronics alone, Li Jianxi holds 3.4% of the shares, and his wife Hong Luoxi holds 0.74%.

    The largest shareholder of Samsung Electronics comes from a US-funded consortium, which holds 55% of the shares and more than 80% of the profits. It can be said that it is an American company with a Korean stick.

    The Li family and related persons acting in concert shall hold no more than 15% of the shares.

    ? Domestic pension institutions hold 14% of the shares.

    ? 3.5% for private shareholders.

    5.5% for UK investors.

    The remainder is treasury stocks, accounting for about 7%.

    It is precisely because of this that the American consortium has given Samsung Electronics great support, and it can obtain the authorization of advanced technology transfer from Silicon Valley or a university laboratory in the United States at a low price, and enjoy great convenience in market access and development.

    Standing on the shoulders of giants is easier to take off, because the starting point is high enough.

    If you can't fly, you will fall even worse.

    The problem is that in the field of LCD panel and chip manufacturing, Wang's group enterprises have mastered the world's top technology, and invested heavily in the first application in actual production.

    This part of the advanced technology that the United States does not have mastered naturally cannot be transferred to Samsung Electronics.

    And the father of the United States is now fighting the war against terrorism. The terrorists all over the world have no time to take care of the humble Samsung Electronics.

    In 2001, through hard work, the American consortium agreed to continue to invest US$7.5 billion in Samsung Electronics in the form of a bridge loan, with an annual interest rate as high as 7.8%, of which US$1.5 billion was dedicated to scientific research, and the advanced 0.13-micron process technology gradually matured.

    Looking back on the performance of this year, Samsung Electronics itself has disappointed investors to the extreme. The "counter-cyclical growth" strategy is unsustainable, and it is difficult to convince others to unconditionally support it and continue to throw money into this bottomless pit.

    The original staunch supporters of Senator Michael Bay, Winthrop Rockefeller and others were gradually exhausted, and Crewe Humphrey of the Boston consortium Crewe family turned into a staunch opponent, strongly criticizing  The $13 billion investment plan proposed by Li Jianxi.

    ? Opposition from the shareholder camp has increased significantly. In fact, Samsung¡¯sHas the word been obeyed, and can the next step be implemented?  "

    "Master Rong, according to the news from He Billy, everything is going well, that is the event fee is not enough, and we still need 500,000 US dollars."

    "What?"

    Li Zairong's face sank, and he said very unhappy; "I've already spent 600,000 US dollars. Isn't this much money enough?"

    "Young Master Rong, Ho Billy's expenses are indeed very high. Hong Kong is a gold mine in Asia, and there are a lot of extravagant nightlife expenses. He Billy has always complained that that woman wants the best in everything, and she is the cousin of the God of Wealth."  , Ordinary things are simply not eye-catching, and spending 20,000 to 30,000 dollars a night is a trivial matter."

    Li Zairong, who heard this, straightened his teeth, and it depends on who picks up the girl.

    Undoubtedly, the cousin of the God of Wealth King must be the most expensive, she is really rich, the richest man in the world!

    "Okay, then send him another 500,000 US dollars. I don't run a bank, so tell He Billy this bastard to save some money."

    "Understood, young master."

    Jin Xuanyi replied respectfully, and his heart was already full of joy.

    Operating these shady scenes in private, Jin Xuanyi cut off most of the fees without hesitation. Anyway, they are all in one-line contact. Will anyone still check the accounts?

    The young master doesn't know He Billy, everything is done by Jin Xuanyi, and the God of Wealth is also the God of Wealth, so of course he must maximize the benefits.

    Kim Hyun-il has this self-awareness;

    In case of being swept out as a scapegoat that day, at least there is still money.

    It would be silly not to make money.  (Remember the site URL: www.hlnovel.com
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