All the starting points of the Wang Consortium are to attack the strengths of the Samsung Group. The purpose is very clear, and the layout has been in place for more than five years.
Take GREE Group as an example;
Except for televisions, all other categories of its products overlap with Samsung Electronics' home appliances, with similar price positioning, global target customers, and regional markets. They are the most direct competitors.
Gli Electric's product pricing is generally one level lower than that of Japanese manufacturers, and it competes head-on with Samsung Electronics' home appliances to seize the international market.
Instead, it paid little attention to the domestic market and focused on expanding exports, achieving obvious results.
Gli Group's development strategy of shedding the easy for the difficult is led by Chairman Wang Yaocheng and is fully implemented, using the corporate linkage of the entire consortium to create strong competitiveness, and has achieved remarkable results.
In product development
The Boston Central Research Institute plays a key role in the industrial styling, technology output, support, core competitiveness building, and applied technology exchanges of GREE Group's home appliances.
Atlantic Business Machines Company has vigorously supported the copier and personal computer products of GREE Group, forming two highly competitive products.
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to this day
In the field of mid- to low-end home appliances in the world, Green Group has been able to compete with Samsung Electronics and seize a large amount of profits and markets that originally belonged to Samsung Electronics.
because
Samsung's Home Electronics Division is the most direct unit that provides blood to Samsung's Semiconductor Division. It is also the most competitive division within Samsung Electronics, and its profitability cannot be underestimated.
In the fields of memory chips, application chips and LCD panels, the Wang Consortium also has plans for the Samsung Group, which is a direct competition.
Take memory chips as an example;
Major Japanese manufacturers have gradually retreated into the high-priced, high-profit enterprise server memory chip market, giving up large swaths of the world's personal computer memory chip market.
Although memory chips from major Japanese manufacturers are of excellent quality, their production costs are too high.
In the highly price-sensitive world PC memory chip market, Micron, TSMC, Lianhua, Powerchip, European Qimonda, Samsung, Hynix, and Atlantic Jinko are the main manufacturers, supplemented by more than a dozen other small manufacturers.
The competition is fierce and the market is full of bloodshed.
In 1997, the world DRAM market fluctuated violently, and prices collapsed at the beginning of the new year.
When the financial crisis swept through, the memory chip market became even more volatile. Prices may collapse by 30% one day, rise by 5% the next day, and collapse by 20% on the third day. It is bloody and cruel to the extreme.
This has almost made most memory manufacturers despair, wondering when the darkness will pass?
By the beginning of 1998, nearly ten small and medium-sized manufacturers had successively withdrawn from the DRAM market, either going bankrupt and liquidating, or accepting mergers and acquisitions, or completely withdrawing from this production field.
Among them, the powerful Nippon Steel withdrew from the DRAM market and transferred its eight-inch wafer fab to Hitachi, Panasonic withdrew at the same time, and Europe's Siemens Semiconductor merged with its competitors.
Judging from the current market position;
The dominant Japanese companies are still Hitachi and nec, ranking first and second in the world. The chip giant Intel ranks third, Mitsubishi Corporation ranks fourth, IBM ranks fifth, and IBM ranks eighth.
Manufacturer Hynix.
Samsung Group is ranked the sixth manufacturer in the world, and Atlantic Jinko is ranked the seventh manufacturer in the world. The two are almost as different as the eighth manufacturer Hynix.
In the memory chip market, Atlantic Jinko has been benchmarking its prices against Samsung Electronics, trying its best to seize the market, making it more ruthless, losing more money and having less market influence than it did in history.
another battlefield
The LCD screens of Huanghe Technology Group are also in a slight loss stage now, but the LCD screens of Samsung Electronics are losing more, and the losses are even worse.
As a result, Samsung Group's annual revenue in 1997 was only a miserable net profit of US$177 million, and it lost its hematopoietic function.
In Wang Yaocheng plan
1998 was the stage of all-out onslaught;
new year begins
Green Group will be the first to blow the clarion call of attack, launch price cuts in the global market, and comprehensively seize the Samsung Electronics home appliance market. It will launch a brutal hand-to-hand battle, use losses to gain market share, and use losses to defeat its enemies.
Calculated based on production costs;
Because of the difference in production costs, if the Green Group dumps home appliances into the world market at cost prices, Samsung Electronics' home appliances will obviously suffer a loss of 25%, which can be said to be a serious attack on competitors.
Green Group can maintain this low-price competition strategy because it can still earn good profits from its strong core products, copiers and personal computers.
Secondly
Atlantic Jinko will cut prices by another 10%, forcing Samsung Semiconductor to cut prices as well, widening the wounds of losses and bleeding more.
Secondly
According to the actual situation, Huanghe Technology Group will also use the price reduction weapon at a suitable time in 1998, pulling Samsung Electronics' LCD Division to further join the bloody competition...
hehe!
Therefore, Samsung Electronics' moment of suffering has not really arrived yet. Starting in 1998, they will usher in their darkest moment.
Wang Yaocheng adheres to a concept;
We will never underestimate our enemies, let alone the Samsung Group. We will do our best to eliminate all evil and eradicate it.
All that is left to the Wang Consortium is a short window of time in the first ten months of 1998. After October, the world market will greatly recover, giving Samsung Group a valuable opportunity for recovery.
In the original history, Samsung Group really took off in 1999 and has been out of control since then. It has stood out among Korean consortiums and become the backbone of the entire country and a world-class giant.
Now, Wang Yaocheng wants to beat Samsung Group to death right before it takes off, and must not leave any hidden dangers.
The shopping mall is like a battlefield and there is no room for mercy.
Five-star Koryo Hotel
"Hehehe...Brother Yuxuan, who do you think will not be able to sleep tonight?"
Wang Yaocheng took a sip of French Petrus dry red, letting the rich licorice flavor reverberate in his mouth, refreshing his heart and mind.
"Samsung Group will definitely not be able to sleep anyway. Keb Bank and more than 130 creditors must also be unable to sleep thinking about the money in our pockets. Hynix's more than 10,000 workers don't know where to go in the future?
There is also the Korean Ministry of International Trade and Industry, which is unsure, and even the uneasy commander-in-chief. I can't even sleep even thinking about it.
Except for the international hot money coming to rob, looking around the world, no other consortium with huge amounts of money will come to Seoul at this time, including the world's financial institutions that the Korean government is desperately eager to rescue. We are the only savior now."
Mo Yuxuan smiled happily and tasted the wine with a relaxed expression, but what he said was very embarrassing.
Zhang Rujing, Dong Mingzhu, Yu Chengde, Wilkinson, Chambers, Little Montgomery and others sitting next to them all looked calm and took it for granted, as if they were watching the fire from the other side.
"Your that..."
Wang Yaocheng pointed his finger as if it was true, and said in a regretful tone: "We are here to bring warmth, not to take advantage of the situation. Even if we are pretending, we have to pretend to be a little bit more like it. Can you please be more dedicated?"
"Haha, boss, the consortium's standards this time are high enough. It's already given them a lot of face."
"I was wondering if I should go and express my condolences to the US troops stationed in South Korea?"
"Chairman, this is Hyundai Group's hard work in the electronics and semiconductor industry for more than ten years! Are Hynix really willing to let go?"
The person who asked this question was Jinko Group President Zhang Rujing. This time, the inspection team led by him is the main force and will inspect Hynix, a large-scale semiconductor manufacturer, to explore the possibility of mergers and acquisitions.
Wang Yaocheng sighed, his expression not showing any signs of heaviness; "For Han Bangzi, the current Hynix is the hot potato dragging Hyundai Consortium into the abyss. If this big trouble cannot be solved, Korea's number one consortium may capsize and sink with it.
"
He spread his hands and said helplessly, "No one knows how long this cold winter of financial crisis will last? Where is the bottom of the abyss? The heavily burdened modern conglomerates can no longer carry the big hole of Hynix, and they are bleeding almost all the time.
.
They must raise funds to allow the entire consortium to survive the crisis. This is an urgent proposition they face.
Will Hynix die, or will everyone die together?
The answer to the question of choosing one of the two is self-evident.
If not for the hard struggle of more than 10,000 Hynix employees, Hynix Semiconductor would now belong to Micron, and the merger would have been completed. This is the current reality."
Zhang Rujing thought carefully; "According to my understanding of Han Bangzi, their character is arrogant and extremely sensitive. From the bottom of their hearts, they are unwilling to sell their companies to Chinese, including Taiwan and mainland China. Han Bangzi is technically
The blockade against Chinese Americans is also the most active. I am afraid we will not give in easily, and we must consider the difficulties more."
"Indeed, Han Bangzi is willing to sell it to Micron in a package for US$3.8 billion. Even if we pay double the price, they may not sell to us. They may want more. This is their bad behavior."
"Through preliminary contact with Keb Bank, it is possible to offer a high price exceeding tens of billions of dollars. We cannot be careless."
"These Korean stickmen are stubborn and stubborn. They just watch Hynix go bankrupt and liquidate. It has nothing to do with us anyway. They still want to charge high prices. They are really crazy about money."
"We must keep up the pressure. President Huo Jiaguang is most familiar with this. We can start formal negotiations when he comes from Europe."
Everyone had different opinions. Wang Yaocheng slowly tasted the mellow Petrus dry red without making a sound, seeming to be aloof from the incident.
He had already made up his mind;
Even if it costs tens of billions, we must resolutely win over Hynix and never let this company come back to life in the hands of Han Bangzi.
Original historical period
Han Bangzi was desperate to save the company, but he unexpectedly succeeded miraculously. It eventually grew into the world's second largest memory manufacturer, helping Samsung Electronics dominate the memory chip market and establishing an unshakable market leadership.
Today, this must not be allowed to happen in this historical time and space.
The danger must be nipped in the bud, no matter how costly it is.
Hyundai Semiconductor has been working hard to manage Hynix for more than ten years, and there are still many good things in its pocket;
Hynix is the first to develop 1g SDRAM products in the world and the first to develop 64m DDR SDRAM. Once mass-produced, it will be a leading product that can change the memory chip market and has absolute market competitiveness.
Now, these products that have just come out of the laboratory have not yet been put into the market and cannot exert their amazing profitability.
Thinking of this, Wang Yaocheng smiled and vaccinated everyone;
"This time, when the consortium visits Korea, we must not take pleasure in others' misfortune, but must look at the problem with compassion and warm each other's hearts with our sincere hands.
Let me reiterate again, the consortium is here to provide warmth, not to take advantage of others."
Everyone burst into laughter immediately, creating a joyful atmosphere.
What you say is so beautiful, I believe you will be the devil!