"Line priced at US$33 per share, with a valuation of US$300 million, and an IPO financing of US$12.1 billion, making it the fourth largest IPO financing amount in the history of the US stock market, behind Facebook."
"She is richer than you and works harder than you. The richest daughter of the Bangzi chaebol has transformed into the most powerful woman in Bangzi!"
"Legendary sisters! Li Fuzhen and Li Yinxin joined the list of the top ten richest women in the world due to the listing of Line."
"The talent is better than the talent. The two daughters of the Samsung chaebol have more wealth than their father Lee Kun-hee and their brother Lee Jae-yong."
"The Queen of Asia's Internet, she deserves the title!"
"..."
Regarding the news about Li Yinxin and Li Fuzhen, even if Lee Jae-yong deliberately avoids it, he can still inadvertently see reports on their "myths" in newspapers, TV and the Internet.
Since Line's launch, the media has been on a collective upsurge and promoted it overwhelmingly, and it has been completely regarded as a representative of feminism.
"Xi Ba Lao Ma!"
Lee Jae-yong crumpled the newspaper into a ball and threw it into the trash can. He kept hypnotizing himself in his mind. No matter how much money you have, what's the point!
I am the successor of the Samsung Empire!
The Samsung chaebol is all on my shoulders!
No matter how large the market value of the Internet is, Bangzi's influence cannot even compare to one-tenth of Samsung's. But in this land, Samsung is as inevitable as death and taxes.
Just when he was mentally building up, the phone rang suddenly, and it was his mother Hong Luoxi who called. She asked him to put down everything he was doing and go home immediately. Li Jianxi wanted to see him.
His brows suddenly knitted together.
Hannam-dong, a villa surrounded by mountains and forests.
As soon as I got out of the car and pushed the door open, I saw Hong Luoxi directing everyone. The house was being cleaned and decorated in a festive manner. The chef was in the kitchen, deboning and making a feast of sashimi.
"Mom, what is this?"
Li Zaiyong stopped and his face darkened.
"Your father specially reminded me, haha, to prepare a welcome celebration banquet specifically for Fuzhen and Yin Xin. They should be back soon." Hong Luo smiled from ear to ear.
Li Zaiyong saw the wrinkles on her eyebrows blooming like chrysanthemums, but thinking that they bloomed because of Li Fuzhen and Li Yinxin, he was not happy at all, "Where's dad? He doesn't want to see me?"
"Oh, he is writing in the study."
Hong Luoxi pointed to the second floor.
"Mom, I'm going up first."
Li Zaiyong bent down and bowed, and when he passed by her, the smile on his face disappeared instantly, but when he walked to the door of the study, he put on a harmless smile again.
"Dong dong dong."
"Come in."
Hearing a knock on the door, Li Jianxi slapped his hands.
"Dad, are you looking for me?"
Lee Jae-yong stood aside respectfully and reservedly.
"Logic's first new product launch conference in Europe is about to be held, and new electronic products will be launched."
Li Jianxi looked sideways, "What do you think?"
"Uh, Dad... President, the sales figures of our mobile phones and tablets in the first half of the year are very impressive, especially the galgxy S3, which is far more popular in Europe than the previous two generations..."
Lee Jae-yong gave a pleasant report, saying that he was considering restarting the BADA system that stopped developing two years ago just like Nokia used the Microsoft operating system. On this basis, he was preparing to work with Intel to develop the operating system, Tizen.
Break the monopoly of Android and Apple systems!
"You have done so much, but why do I see that the gap between Samsung and Logic is getting wider and wider! Obviously Logic's mobile phone and tablet business has completely withdrawn from the United States!"
Li Jianxi turned around, his eyes widened.
Lee Jae-yong felt an indescribable pressure and swallowed his saliva, "Chairman, logical withdrawal does not mean that Samsung can occupy the market. The U.S. import restrictions on Samsung have not been lifted yet, and they have been extended recently.
60 days will prevent our products from being sold in the American market."
"Whose reason is that!"
Li Jianxi snorted coldly.
Lee Jae-yong opened his mouth, naturally blaming logic on losing the second-instance lawsuit, "We have filed a petition with the Federal Supreme Court..."
"How did you give me the military order back then? Did I tell you that this was a war that could be lost but not lost?"
Li Jianxi threw the pen and thick ink was sprinkled on the paper.
Li Zaiyong kept his mouth shut tightly, not daring to touch his father's bad luck.
"Even if the United States has import restrictions, what about China? What about Europe? There are so many countries in Europe. Why has Europe's market share been declining? In some cities, it is even half as low as when your sister was the Minister of Consumer Electronics.
!”
Li Jianxi sternly reprimanded: "I handed Samsung over to you and delegated power to you, but you, the vice president, managed the group like this? With such incompetence, it seems I must step out."
"Dad, it's not that I'm incompetent, it's just that the bastard Lu Fei did something too despicable, too shameless, and too crazy!"
Lee Jae-yong was so angry that he gritted his teeth.
"What did he do to you?"
Li Jianxi narrowed his eyes, "Are we not going to grant you the fingerprint recognition patent license? Or are we starting a price war with you in Europe again?"
"Yes...it's production capacity!"
Lee Jae-yong clenched his fists and squeezed out words through his teeth.
"Asshole, you know what you're talking about!"
Li Jianxi was furious, "At least find a decent excuse. Samsung can lack talents, technology, and even funds, but it absolutely cannot lack production capacity!"
"This is not an excuse, this is really the truth."
Lee Jae-yong said aggrievedly that Samsung’s production capacity of mobile phones and tablets could not keep up, and its supply could not keep up, entirely because the production capacity of amoled and OLED panels was far from meeting production needs.
"What!"
Li Jianxi looked shocked. Samsung was one of the first to deploy amoled and oled panels. When other panel companies rolled out LED panels, they invested regardless of the cost.
For example, Neon Teji specializes in the production of vacuum evaporation machines.
"Dad, Lu Fei, this bitch, took advantage of the civil strife in Samsung, when the group was leaderless and my sister was in power. He used some dirty tricks to fully acquire the 'Special Machine' that we had been cultivating for many years."
Lee Jae-yong is very helpless, "As a result, if Samsung wants to buy evaporation machines for producing amoled and OLED panels, it can only be ranked behind Logic and BOE. They buy first, and we can only choose them to buy the rest. That's it.
You may not be able to buy it yet.”
"Why is no one reporting such an important thing to me!"
Li Jianxi's eyes widened in shock, and he suddenly realized the seriousness of the matter. The United States used EUV lithography machines to choke the neck of China's semiconductor industry. Isn't it logical that it can also use vacuum evaporation machines to choke Samsung, or even the stick panel industry?
neck.
"Dad, you have forgotten that at that time, you were in jail and I escaped. When the civil strife ended, Samsung was immediately attacked by logic, wafer foundry, memory chips, patent infringement, etc. I think he did it on purpose
It’s grabbing our attention.”
Lee Jae-yong was angry and depressed, "By the time I reacted, logic had already made the concepts of amoled and oled popular, forcing manufacturers around the world to follow suit and abandon LED."
"How many vacuum evaporation machines do we have now?"
Li Jianxi sat down slowly, looking bad.
"3 units."
Lee Jae-yong sighed, "At least one unit is sold to us a year, but since the patent infringement lawsuit against Logic started, the most we can get is one unit, and it may take two years. This panel production capacity cannot be satisfied at all.
The need for mobile phones and tablets.”
"Don't you know how to research it yourself? Samsung's panel technology is among the top three in the world!" Li Jianxi patted the sofa handle.
"We are working on it and have tried the first-class evaporation machine brands on the market. Regardless of the yield, resolution, or production capacity, amoled and oled panels are indeed inferior to logic. It will take time to catch up with the precision level of special machines.
.”
Lee Jae-yong smiled bitterly, "In a short period of time, we can only find the screens we need to purchase from Logic and BOE."
In the past, Chinese manufacturers were all looking for Samsung panels, so why are they so different on offense and defense? How come they have to be divided into different parts of the market?
Li Jianxi was silent, with mixed feelings in his heart.
"Dad, the most irritating thing is not just the limited supply of evaporation machines."
Lee Jae-yong vented his words: "Logic colluded with BOE to deliberately make things difficult for Samsung, either by causing power outages or fires. Sometimes they also deliberately delayed our orders until a few days before the delivery deadline."
The more he talked, the angrier he became, "Every time when our Galaxy series was about to take off, Lu Fei, a bastard, deliberately restricted supply. Now, too, Logic's new product launch conference is about to be held, and our panel supply is deliberately restricted."
broken."
Li Jianxi still said nothing. These methods are not exactly the same as Samsung's tactics to deal with disgusting competitors, but they are at least the same. They are simply taught by a master.
I never thought Samsung would be where it is today!
It’s really karma!
"Lu Fei is really a despicable person!"
Lee Jae-yong seems to have forgotten that he often does this.
"Don't complain to me. Now you are the vice president of Samsung. You are in charge of the entire Samsung group. What, do you want me to ask Fuzhen to come back and let her help you? Or let Yin Xin..."
Li Jianxi narrowed his eyes.
"No, no, Dad, we are working hard."
Lee Jae-yong was inspired, "Currently, the only products on the market that can compete with Teji are Sunic System from Bangzi and Neon's Ulvac. The former has strategically cooperated with LG, and for the latter, we will treat Ulvac just like we supported Teji back then.
.”
"Dad, you don't have to be too anxious."
"Maybe two to three years, maybe three to four years, as long as we ensure that during this period, Samsung's global mobile phone market sales are second only to Logic and firmly maintain its second position, there will be a way."
He deliberately spoke with confidence and did not pay attention to Apple, which ranks third in the world. After all, Apple only relies on import restrictions to surpass Samsung in the domestic market of the United States.
With this, I gave up the idea of letting Li Fuzhen assist.
"Don't just focus on Logic and Apple, always look down. Have you forgotten that companies such as Shenzhou and Tianyu, which are at the bottom of the smartphone market, are either Logic holdings or Logic holdings. Maybe by an accident, Samsung will
Being overtaken."
Li Jianxi gave serious advice.
Accident?
Lee Jae-yong doesn’t take it to heart. What’s the surprise?
Could it be that Samsung’s mobile phone battery exploded?
Just as the father and son were chatting about logic and Samsung's European competition, a crisp laughter suddenly came faintly.
"Your sister is back. Come downstairs to greet them."
Li Jianxi stood up leisurely.
Li Zaiyong was thinking mum in his heart, but with a smile on his face and a filial and respectful look, he carefully helped him downstairs.
"dad!"
Li Yinxin pulled Li Fuzhen and climbed up the stairs.
Li Zaiyong was pushed to the side and saw Li Jianxi's arms held by them one on the left and the other on the right. When he saw the fatherly smile on Li Jianxi's face, he felt jealous and fearful.
"If you go to the United States, your wealth will surpass that of your father." Li Jianxi laughed loudly, "I'm afraid the inheritance that will be distributed to you in the future will look shabby in front of you."
"Dad, what are you talking about? You will live a long life."
Li Yinxin blinked, "I bought gifts for you and mom." She glanced at Li Zaiyong and said, "Brother, you have some too."
"Thank you, little sister."
Lee Jae-yong is smiling but not smiling.
"Okay, okay, I finally don't feel sorry for you in vain. You still care about me." Li Jianxi looked at Li Jae-yong on the left and the two sisters on the right. "Let me think carefully about how to reward you two for our family.
The princess who brings glory to our country."
Lee Jae-yong suddenly had an ominous premonition.
Late at night three days later, it was already afternoon in Germany, and Logic's new product launch conference would officially begin in 15 minutes.
The computer glowed with light, showing the footage from the YouTube live broadcast room.
Lee Jae-yong took a sip of coffee absentmindedly.
All your attention is on your cell phone with the speaker on.
"President, the old president intends to hand over the shares of Samsung's four subsidiaries including General Chemical, Total, Commercial Equipment, and Thales to the eldest lady, which includes Samsung's petrochemical and military industries, plus the love she has on hand.
Baoyuan, Shilla Hotel, and movie companies are even better than when I was at Samsung Electronics..."
As a veteran named by Li Jianxi to assist his son, Cui Zhicheng is undoubtedly in Li Zairong's camp.
"After inheriting this, I can be sure that my father does not care about Fuzhen. She is no longer a threat to my position."
Li Zaiyong breathed out, "It was too cheap for her. Giving her a hotel and park was not enough. He even gave her military industry and chemical industry. If I remember correctly, Lu Fei, a bastard, also invested in industries involving
To oil, gas and chemicals?”
"Yes, judging from the information disclosed in this year's Forbes Rich List, Lu Fei has at least two oil field mining rights in the Middle East, and holds shares in many energy companies such as China National Aviation Oil and Nexen Oil."
Cui Zhicheng knows Samsung's biggest enemy very well and collects as much intelligence information as possible.
"hateful!"
Lee Jae-yong's face was filled with ferocious jealousy, envy, and hatred.
How come his industry is more than the entire Samsung!
Doesn’t China just care about it?
"Compared to the eldest lady, what the old president gave to the third lady was too much. He even gave her electronic financial stocks."
Cui Zhicheng said with a serious tone.
"What did you say!"
Li Zairong stood up in shock, his face full of astonishment.
The electronics and financial services fields have always been his sphere of influence, and are also the largest businesses after Samsung Electronics.
The reason why Caifubao and Penguin Pay can take root in Bangzi with the help of Line is that they actually borrowed Samsung’s resources and energy in Bangzi’s financial field.
And now, Li Jianxi wants to transfer such an important business, especially one that belongs to him, to Li Yinxin's name?
"President, I don't know if the old president has any other ideas for doing this, but doing this has obviously threatened you."
Cui Zhicheng lowered his voice.
It’s hard for Lee Jae-yong to disagree with this.
At this moment, I feel an unprecedented crisis.
Although companies such as Samsung Electronics and Electronic Finance are still under their control, in order to prevent Samsung from completely falling into the hands of Wall Street, the various subsidiaries of the Samsung Group have cross-shareholdings, so that as long as they control enough subsidiaries,
If the number of shares reaches a certain level, control can be forcibly taken over.
But after Line went public, Li Yinxin and Li Fuzhen really had the ability to maliciously acquire shares of Samsung subsidiaries.
Not to mention, there is Lu Fei, a bastard, backing him up.
"President, what are you going to do?"
"Let me test his attitude again. If necessary, we have to be prepared for my father to completely hand over the power to me, so that he can enjoy his old age in peace."
"You mean..."
"How is Ren Youzai's surveillance going? Has he handed those photos to CJ Company now?"
There was a hint of sinisterness in Lee Jae-yong's tone.
