Looking back on the past eight years, Wang Yaocheng has a feeling that there is nothing wrong with him. Although the general trend of history has not changed, there have been too many changes in the financial field.
Outstanding companies such as Yahoo Search and Atlantic Business Machines have made many people jealous. The rise of the Wang Consortium, which represents Chinese-American power, has gradually led to an argument in European and American society that makes people wary:
That is, the Internet Yellow Peril theory.
It is self-evident who the ulterior remarks are aimed at.
Although the consortium also did some public relations, the effect was not good. After all, the mouthpieces of public opinion in European and American society are in the hands of white people and Jews, and the Chinese have very little say.
Without the corresponding self-protection power, it is like a child trying to get through the busy market with money. There are hidden dangers after all. The safety of the entire consortium should not be pinned on the moral standards of others.
Google and Alibaba are just two start-up websites now, which are not impressive at all. It will take six to seven years to develop, so there is no worries for the time being.
Mixed among dozens of start-up companies invested by venture capital funds, coupled with their own deliberate suppression, they will not stand out quickly.
Relatively speaking, Google has received more attention because it is in the United States, while Alibaba, which is far across the ocean, has received much less attention.
Thinking of this, Wang Yaocheng felt that it was time to expand his influence.
This can be approached in several ways;
First, the Bush family chooses the lesser of two evils, expands its circle of friends to include the political world, and proactively approaches the Texas conglomerate. As a firm supporter, the Bush family closes the relationship between the two parties and coats itself with an invisible protective film.
Secondly, it is time to find a suitable team to start with, such as an influential Major League Baseball team or a rugby team. This is the most direct way to expand your influence.
Third, use interests to weave a network of relationships, which includes many business owners, media professionals, influential figures, etc. acquired by Chambers and Cisco.
Fourth, participate in some public programs and accept news interviews in a timely manner to create a positive and healthy image.
Fifth, vigorously do charity, and some money must be spent.
Wang Yaocheng looked at the bright lights of the city through the floor-to-ceiling glass. He made a plan in his mind, and his uneasiness gradually subsided.
As long as these measures can be implemented and backed by China, which is gradually becoming stronger, who can I be afraid of?
The top priority is not to allow the Yellow Peril theory to spread on the Internet, and to cut it off completely as soon as it is discovered to prevent such comments from spreading.
This requires making good friends with relevant media tycoons, such as Murdoch, the president of news media...
Oh! Right.
Murdoch seemed to be visiting Pearl City. Wang Yaocheng walked outside and picked up a stack of documents to read through. It didn't take long to find an internal document.
This is a report specially produced by the Secretariat on worldwide financial trends, major domestic financial trends and the latest policy bulletins. Most of them are edited and collected from newspaper websites, as well as the latest financial news from Yahoo searches.
material display;
News Media CEO Murdoch’s final trip to Yanjing City and the Pearl River is in Hong Kong. News Media Group owns Star TV satellite television company in Hong Kong, which is a very important public opinion position.
Wang Yaocheng saw a familiar name in the list of entourage, Deng Wendi, and couldn't help but smile, revealing his snow-white teeth.
He found the best way to connect the two parties, which is this smart but realistic woman.
Seoul
Samsung Group Headquarters, Seongnam City, Gyeonggi Province.
With a crisp "" sound, the elegant ceramic table lamp fell to the ground and shattered.
Chairman Li Jianxi was like an angry lion, clutching a copy of the first fiscal quarter report of 1998 in his hand, with a pair of angry eyes shooting out a biting light.
"They are all a bunch of rubbish. Samsung Group suffered an overall loss of US$672 million in the first fiscal quarter. Why?"
Song Changxu, president of Samsung Electronics, knew that he couldn't escape, so he had to explain;
"Your Excellency, Chairman, since February this year, Green Group has launched a large-scale wave of price reductions in markets around the world, with the price reduction generally ranging from 20% to 30%, launching a comprehensive challenge to the products of Samsung and LG.
Due to the overlap in product positioning and price positioning, Green Electric Appliances is in direct competition with our products.
In this round of price cuts, Green Group has fully prepared its supply and quickly seized the market share that originally belonged to us.
It is estimated that the loss of sales will reach 35%. At the same time, LG Group's home appliances will also be seriously affected, forcing us to take countermeasures.
Samsung Electronics' Home Appliances Division can only cut prices to meet the challenge, engage in price wars with rivals, and strive to consolidate its original market share.
This bad situation has caused the Home Appliances Division's inventory to increase, its products to be unsaleable, and its financial reports to show losses instead of profits.
Although we have tried our best to tap potential and increase efficiency, we have managed to maintain a small and slight loss, but we are not able to feed back the semiconductor division.
This highlights the large losses of the Semiconductor Division, which is really a non-war crime. Please investigate the name of the chairman."
"Wang's Consortium..."
After gritting his teeth and spitting out these four words, Li Jianxi's angular face was deformed with anger; "Asshole, are they going to start a war?"
Lee Jin-cheol, director of Samsung Economic Research Institute, nodded silently under the chairman's oppressive gaze;
“Research shows that
The war has started. Currently, in the fields of home appliances and memory chips, the other parties have taken tit-for-tat measures to lower prices and compete. The situation of Samsung Group is not optimistic.
Chinese companies are no strangers to price wars and have a huge advantage in terms of production costs, which provides them with the confidence to launch a price war.
Although we have comprehensive advantages in technology and market, we cannot offset the other party's price advantage.
Although Samsung Electronics has always hoped to defeat Japanese home appliance manufacturers and move up the industrial chain, this is the traditional advantageous area of Japanese home appliance manufacturers, which are higher than us in terms of brand and product reputation. It will take a long process.
Samsung, LG and Glid basically compete in the world's mid-to-low-end home appliance market, but Glid's growth rate is astonishing. It has grown rapidly and has become an opponent that we must face up to."
Li Jianxi suddenly felt a little urgent to urinate. He walked back and forth in the office several times like a trapped animal. The senior cadres next to him did not dare to breathe and stood aside respectfully.
Li Jianxi felt a little exhausted;
The Southeast Asian financial turmoil swept through South Korea, Japan and Taiwan, and all banks tightened their money to endure the cold winter. At this critical time, the Wang Group was in trouble and it was really difficult to deal with it.
In terms of strength;
Although the Li Jianxi family controls the huge Samsung Group, the family property is only more than 2 billion U.S. dollars, which is scattered and cross-shared in many companies. Through marriages and complex relationships among related families, they can barely control this giant ship and not deviate from the course during the financial crisis.
The largest chaebol in Bangzi Country is Hyundai Group, and the second largest chaebol is Kia Group, which just went bankrupt. Samsung Group and LG Group are about the same strength, and they have not yet shown anything extraordinary.
Among the flagship companies, Samsung Electronics Co.;
The memory chip project of the Semiconductor Division is bleeding, and there is no hope of stopping the bleeding yet.
The LCD display production line of the Display Division is also losing money, and the second-generation production line has limited profits. The fourth-generation production line that is being launched has not yet been completed and is still in the construction period.
Now, the household appliances division of a large and profitable company is facing malicious price-cutting competition from its rivals. All the troubles have been gathered together, making people's scalp numb.
As for suppressing the Wang Consortium and completely defeating this powerful opponent.
It's okay to brag at home, but keep your mouth shut tightly when you go out to avoid being laughed at. The strengths of the two parties are obviously not on the same line.
Wang's consortium has strong financial strength, which is obviously much higher than that of others. The cash flow reserves are even stronger. In addition, it owns HSBC, an Asian giant, and its strength is too strong.
The only thing that Samsung Group maintains its advantage over is its home appliance products, which it has been developing for many years. It has an absolute advantage in TV products in particular, and it firmly occupies the world's mid-to-low-end market with LG Electronics.
But it doesn't work in other aspects.
Personal computer products, copier products, office equipment products, and small household appliances have been decimated by price-cutting competition, losing more than half of their market share.
Which one will go and which one will follow? This is a big question.