However, after hearing what Hu Yang said, Caesar retorted loudly: "Mr. Hu Yang, German craftsmanship is world-famous, and Siemens' technology is far superior to GE. The reason why it has been repeatedly defeated in project competition in the international market is because the North American authorities intervened.
."
When Caesar said this, he looked angry and dissatisfied, and he didn't know whether he was pretending or really.
In fact, it is really annoying. Both Siemens and General Electric still play a core role in the development of global electrification today. Both parties are equally matched. Although they both have many world-leading diversified businesses, at the same time, their electrical business is
core.
Iraq, whose infrastructure has been severely damaged due to years of chaos, needs large-scale electrification construction. Siemens and General Electric have staged a sharp battle for the post-war electrification reconstruction of the Middle East for these huge orders, rarely seen in this century, and there are even people behind the scenes.
It represents the participation and competition between the United States, the world’s largest economy, and Germany, the fourth largest economy.
Needless to say, the result was that Iraq originally took a fancy to Siemens, but when the United States intervened, how could it dare to offend the US emperor? So it canceled the US$15 billion power system agreement with Siemens and signed a contract with General Electric instead.
protocol.
Siemens' defeat is not actually a failure in technological competition, but is due to the failure of the game between Germany and the United States. The eldest brother and the younger brother are not competing for food once or twice a day, and it has become even more excessive in recent years.
However, Caesar is full of confidence in this cooperation partner, because the partner is not an Iraqi, but a Chinese who is almost as big as an American. Economically speaking, China and the United States are the only two countries in the world.
An economy of more than 20 trillion US dollars is one of the poles of the world.
As long as it's finalized and the agreement is signed, it's basically a sure thing, unless a war breaks out.
But China and the United States are at war? Obviously, the probability of this is almost zero.
…
August 2, North America, General Electric Headquarters.
"What did you say? Coastline Group has reached and signed a comprehensive strategic cooperation agreement with Siemens?" Larry Culp, who had just taken office, stood upright from his seat in shock, staring at the assistant who came to report.
It was a bad year for Larry Culp. If it could be delayed by a week, he would never take over GE. On the day he officially took over GE Group, the market value plummeted by 33%. Larry Culp was almost dumbfounded at the conference that day.
Faced with such a start, I really wanted to die.
The assistant said cautiously: "Boss, a few days ago, Siemens CEO Joe Kaiser officially announced the 'Company Vision 2023+' strategic plan, announcing that the new organizational structure will officially take effect on September 1, 2023, and the specific implementation will be gradually launched, and will be implemented in 2024.
It will be completed before March 31, 2020. Siemens will cancel the existing business group levels, and the company headquarters will be more streamlined, giving its business greater freedom. This is all in line with the global power grid strategy led by Liferay, and Siemens has already joined it.
."
"Based on the 247 global investment projects led by Coastline Group Life Ray and Co., Ltd., Siemens won 64 of them independent bidding projects and participated in 132 project supporting supplies, covering Europe, Latin America, Central Asia, the Middle East, Africa and other regions, covering
Areas include natural gas and power generation, smart infrastructure and digital industry, Gamesa and Siemens Alstom in preparation."
At this point, the assistant saw Larry Culp's eyelids twitching uncontrollably. He hesitated for a moment and finally added again: "The total value of its strategic cooperation agreement... is 86 billion US dollars!"
"What did you say? $86 billion???" Larry Culp shouted in anger and shock.
pain!
He only felt pain from being cut into his thigh, and a large piece of flesh was cut away alive by the Siemens Group. Larry Culp could almost imagine how heartbroken and painful he felt at this moment. Caesar on the other side of the Atlantic was so excited that he would wake up laughing in his dreams.
That’s so angry!
How can you not be angry about such a super fat deal?
But Culp is definitely not the most angry, because there are people who are more devastated than him, and that is GE's shareholders, Cook, and Apple. This news is simply catastrophic and bad news for Apple.
Just when Siemens Group CEO Kaiser excitedly announced at the Berlin headquarters that he had successfully won the power system agreement, Siemens' market value soared.
With the acquisition of this power system business, Siemens Power Generation and Natural Gas Group's property will not only stop declining, but will directly lead to an explosive growth of 420%. The market value of Siemens Group is like being injected with a dose of stimulant, exceeding 200 billion euros in one fell swoop.
total market value.
In sharp contrast, General Electric's market value briefly strengthened in the first half of the year because of this incident. It plummeted from the peak of US$394 billion in the first half of the year to the current US$162 billion in just one month.
This news worsened the situation for GE, and its stock plummeted further. When Siemens' market value exceeded 200 billion euros (US$226 billion), GE fell below the US$140 billion mark.
The worst thing to say is Apple. This technology giant has dropped from a trillion-dollar market value giant that dominated the world back then to a market value of only US$219 billion today. If this trend continues, it is estimated that it will not be able to maintain the US$200 billion mark.
It's sad and emotional.
However, Apple's board of directors did not shift the responsibility to its leader, Cook, because he was right to choose GE's strategy. If it had not been for the "627 attacks," the US$86 billion power system business must have belonged to GE Group.
, and combined with the North American business market, this order may exceed 100 billion US dollars.
But all this was missed by the Germans, don’t you think that’s annoying!
But what shocked everyone at this time was that Berkshire Hathaway was not greatly affected, which made people curious for a while.
But it was quickly dug out.
Warren Buffett actually quietly held a heavy position in Siemens' stocks, and also increased his holdings in French Alstom's stocks, as well as Sony Group. In other words, Buffett has perfectly hedged this risk.
…
The next day.
Just as the news was announced, Larry Culp took off from Boston to the North American office of Coastline Group in Los Angeles. At present, all the assets of Coastline Group in North America have been frozen by the authorities, and the last batch of core employees and overseas management personnel have also been frozen.
I have to take a special flight back to my country.
An office has now been set up in Santa Monica.
"Mr. Culp..." At this moment, Cheng Manlou ended the phone call and returned to the room. He looked at the head of GE and said regretfully: "I just contacted the headquarters. Mr. Ye's response was to forget about the interview. At present, the company
The agreement has been signed with Siemens and it is a foregone conclusion."
"No, no, no, Mr. Cheng, Siemens alone cannot capture the entire world market. GE still occupies a central position in the development of global electrification. Without GE, your company and the global power grid plan it leads will never be perfect." Larry Carr
Pu endured the urgency in his heart, but he still didn't hide it completely. In fact, there was no need to hide it.
"What you said is correct, but I will speak frankly, Mr. Culp." Cheng Manlou looked at the slightly stunned new head of ge, paused and said, "ge is not wrong. What is wrong is that ge is in an extremely uncomfortable situation.
Among stable countries, frankly speaking, we are deeply worried about the North American authorities. You have to admit that Germany is at least stable in North America now, and we have no reason not to choose Siemens."
"Mr. Cheng!" At this moment, his secretary came down from upstairs carrying a whole suitcase, and pointed his wrist and said: "The flight will be delayed."
"Got it." Cheng Manlou turned his head and nodded, then turned to look at Larry Culp: "If you can't completely give up on this business, I suggest that your company may instead negotiate with Siemens. The North American government is just like last time.
If we hold a gun to Siemens' head, we may be able to retain a share of tens of billions of dollars."
Larry Culp was caught off guard by his sudden ridicule, and his eyelids twitched. This was during the dispute between General Electric and Siemens over the Iraqi power system business. General Electric took advantage of the interference of the North American authorities to seize power from Siemens.
.
Chengmanlou left the room and took a special car to the airport to return home, but the building was about to be frozen.
"Fake!!"
As Cheng Manlou left, Larry Culp in the room finally couldn't control his anger. He angrily overturned the table in front of him and hurried out the door, saying gloomily: "Go to Apple headquarters!"
