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Chapter 441 Thunderbolt

Wang Yaocheng was thinking over and over in his mind when Director Zhao Feng of the Secretariat walked in with a serious expression and handed over a fax;

"Chairman, this is a document just sent by President Dong Mingzhu of Yellow River Technology Group. It is about Taiwan's LCD panel industry being severely suppressed. Many companies are on the verge of bankruptcy. Taiwan and the island have united to apply for rescue measures from relevant domestic departments. The above

Agreed."

"What?"

This news was like a bolt from the blue, and Wang Yaocheng's expression suddenly changed.

He hurriedly took the document and looked at it carefully, and his heart immediately fell into an abyss.

this……

How could it be?

"Where is President Dong Mingzhu?"

"She has flown to Yanjing City with the materials. She hopes to meet with superior leaders and state the great contribution that Huanghe Technology Group has made in maintaining the order of the LCD panel industry and breaking the LCD panel price alliance between Japan, South Korea and Taiwan. She hopes that the superior departments will not take any measures.

The actions of interfering in the market have made the company's many years of hard work come to nothing. President Dong Mingzhu is not optimistic about the specific results. Therefore, I hope you can personally lobby..."

Wang Yaocheng was completely unable to hear what Zhao Feng said later.

Questions lingered in his mind;

Because of the fluttering of butterfly wings, were the original rescue operations during the 2008 economic crisis really brought forward?

In the original history;

Affected by the global financial crisis in 2008, LCD panel manufacturers in Taiwan faced a huge operating crisis and therefore sought help from relevant domestic authorities.

In order to save Taiwan's LCD panel companies, relevant domestic departments convened an "LCD panel purchasing group" to go to Taiwan to purchase panels worth US$4 billion.

However, Taiwanese manufacturers were ungrateful and took the initiative to form a price alliance with Samsung, LG and Japanese panel manufacturers, and jointly increased prices to sell to domestic color TV companies. This increased panel costs for domestic color TV companies by 40%.

The mainland electronics industry, which was bitten back, learned from the experience and decided to develop its own LCD panel business.

now

Fanned by Wang Yaocheng's butterfly wings, the industrial structure has changed beyond recognition, but history still follows a fixed trajectory.

It turns out that something that happened in 2008 in history has now occurred in 2002, catching Wang Yaocheng completely off guard.

His heart felt like it was falling into an ice abyss, becoming colder and colder.

This is for the Wang Consortium;

It's like paying a huge price, but getting nothing in the end. It's all in vain, and in fact the game is lost.

Once the "LCD panel purchasing group" goes to Taiwan, LCD panel companies in Japan, South Korea, and Taiwan will come back to life and gain a precious breathing space. What's the point of continuing to suppress prices?

these past few years

At this critical moment, Huanghe Technology Group gritted its teeth and paid so much, losing billions of dollars in benefits will be in vain.

If it didn't want to integrate the world's LCD panel field, why would Yellow River Technology Group bother with this effort?

It would be great if everyone could happily drive up prices and make money.

Seeing the solemn look on the chairman's face, Director Zhao Feng quietly exited the room and closed the door tightly.

Wang Yaocheng was agitated, so he took out a cigar and lit it. The strong smell of cigar smoke filled the room, making his figure hazy.

It was so unexpected that it disrupted the entire company's strategic plan. How should we deal with it?

Wang Yaocheng was wandering around the room like an ant on a hot pot. He could no longer bear the anxiety in his heart and picked up his cell phone to make a few calls.

After a while

Wang Yaocheng slowly put down the phone, his face so gloomy that he was about to shed tears. The message on the phone wiped out his last bit of luck;

The decision above cannot be changed, everything is a foregone conclusion.

This is too sudden...

He felt a huge sense of frustration, and at the same time, he felt deeply powerless.

Except for Wang Yaocheng, no one is familiar with the shocking twists that will follow. These Taiwanese panel manufacturers are all white-eyed wolves who can't get enough to eat.

Only when feelings are deeply hurt will the relevant departments suddenly realize.

This lesson seems inevitable.

From a leadership perspective;

We will not consider the interests of a certain company, but look at the problem from a far-sighted perspective, from the perspective of fellow compatriots and relatives who are part of China, share the same Yan-Huang blood, and are also living abroad.

The starting point for decision-making is the right one to extend a helping hand to our compatriots and loved ones when they are in danger.

But Huairou also depends on who he is dealing with. Isn’t he still suffering a little loss in this regard?

Mr. Li Chaoren in Hong Kong is famous for being mercenary and never mentions the feelings of family and country.

As a businessman, Li Jiacheng is shrewd, decisive, and has a sharp vision. He has all the characteristics of a successful person. It is not an exaggeration to say that he is a money-making machine.

But that's all.

Li Jiacheng has been preaching;

I am a pure businessman, don't use those empty morals to measure me.

Unfortunately, most people don't see this clearly.

The country opened its doors to welcome Li Chaoren to invest and start businesses, and granted large amounts of land at low prices. As a result, he resorted to the old trick of hoarding land.

As of 2002

Cheung Kong Holdings has acquired more than 20 real estate sites in China, many of which are in prime locations. Most of them have not started construction and are left to be exposed to the sun and rain.

This is completely different from the companies under the Wang Consortium.

In a few years, the price of these vacant land will soar to unimaginable levels, earning Li Jiacheng hundreds of billions of wealth.

As a businessman, Li Jiacheng made a lot of money.

This person never considers the original intention of the government in granting land, nor does he consider the waste of resources due to unused land. He only considers his own interests.

How come drinking water and remembering its origins and feelings about family and country have become empty morals?

So

Who does it take to extend a helping hand and treat someone sincerely?

Who would have expected that these Taiwanese LCD panel manufacturers would be so vicious?

Wang Yaocheng knew it but didn't dare to tell it, and no one would believe it if he told it.

This feeling of suffocation is driving me crazy!

Think about it

Wang Yaocheng sighed heavily; "Pujie, there is really no good way."

After walking around the room a few times, an idea flashed in his mind and he suddenly stopped: "Director Zhao Feng, come in."

"Chairman, did you call me?"

Zhao Feng was outside the door. Hearing this, he opened the door and came in.

"Yes, you are now in contact with President Huo Jiaguang of the United States to convey my decision;

Immediately put down everything in hand, fly to New York to contact the US-funded consortium behind Samsung Electronics, start negotiations to acquire Samsung's LCD business unit, and strive to achieve results in the shortest possible time, sooner rather than later."

"Does this...do we need to explain the bottom line of price?"

"Let's contact them first and offer them a sincere price. Negotiate at a discount of 15%. However, we must set a one-week negotiation time limit. We will not wait until after the deadline. We will discuss the details after contact. We will report any situation at any time."

"Chairman, where is the semiconductor division of Samsung Electronics? Do you want to authorize us to discuss it together?"

"Okay, let President Huo Jiaguang take control of it. Samsung's LCD business unit will strive to win it in a short time. As for the semiconductor business unit..." Wang Yaocheng thought about it for a moment, gritted his teeth and said, "We can negotiate if the price is reduced by 20%. At this time

You can wait a little longer, don’t be in a hurry.”

Zhao Feng nodded and said, "I understand. I will inform President Huo Jiaguang to fly to New York immediately. Their negotiation team has a special plane. It will not take long to apply for a route."

"Okay, go quickly!"

Wang Yaocheng breathed a sigh of relief, that was all he could do.

It will take a certain amount of time to convene an "LCD panel purchasing group" in China to go to Taiwan. The acquisition agreement must be reached before the purchasing group leaves, and one arm of Samsung Electronics must be removed first.

As for the extra price, I can't care about it now.

Once the news comes out, the US-funded consortium is not stupid and will definitely raise the price or give up the plan of splitting and selling. This is equivalent to Samsung Electronics' LCD business unit coming back to life.

Wang Yaocheng was unable to prevent Taiwanese panel companies from reaching a price-raising alliance with LG and Fuso LCD panel companies, so he took the lead and broke an arm of Samsung Electronics, which can be regarded as a gain.

From the inside, Wang Yaocheng is still deeply wary of Samsung Electronics.

The huge electronic and semiconductor empire left such a deep impression on him that Wang Yaocheng would not give Samsung Electronics a chance to take off. No matter how high the price, he would cut off its wings.

As for Samsung's semiconductor division, if the price is right, just buy it in one bite.

Even if we give up the goal of laying out the global telecommunications industry and solve this serious problem first, how can everything go smoothly in our career development?

From now on,

History has changed beyond recognition, and we need to make more cautious decisions, walk on thin ice to deal with everything, and prevent any further accidents. The lessons of competition in the field of LCD panels have been profound enough.

Judging from the current market structure;

Because the price of LCD panels has been suppressed too low, more than a dozen companies in Taiwan and Japanese and Korean panel manufacturers are mostly producing at low speeds, releasing about 20% to 50% of their production capacity, accounting for more than half of the world market.

If it is fully produced, it can occupy 70% of the world market, which is enough to control the entire market.

As the world's largest and most technologically advanced LCD panel manufacturer, Huanghe Technology Group's price advantage is not as great as in the chip foundry field. This is also the reason why it takes the lead in striving for breakthroughs in the chip foundry field.

The domestic move is equivalent to a shot in the arm for Taiwanese panel manufacturers, and large orders have inadvertently pushed up the price of LCD panels.

Huanghe Technology Group's continued suppression is in vain. It can only follow the trend and swallow up Samsung's LCD division first.

do this

Samsung Electronics’ LCD research and production capabilities can be cut off. Once Samsung Electronics wakes up and wants to catch up again, it won’t be that easy.

Furthermore

Spending huge sums of money to acquire Samsung Semiconductor is acceptable even if the cost is higher.

From the perspective of market structure;

As for the production of bulk commodities, DRAM memory chips, Atlantic Jinko and Hynix occupy 55% of the world market, and Samsung Semiconductor occupies 22.3%. The three together account for nearly 80%.

From then on

We can let go of the price fluctuations of DRAM memory chips, and just like the chip foundry field, a steady stream of money will flow in, forming an unshakable monopoly profit.

That is the field of semiconductor production that is more profitable than printing money. From this perspective, it is worth paying more.

As for the European and American monopoly investigations, that is a matter for the future. Let’s put the money in our pockets first and then talk about other things.

hehe!

At least during the time when the American leader George was in power, troubles in this area would not become a reality, and the exchange of interests was not a joke.

It is said

A special pension fund in Texas paid a price of US$50 million to obtain 12% of Google's Series A financing. The other participants were senior executives of Royal Family Fund's companies and Mr. Schwarzenegger and Jobs, who received a total of the remaining 3

% equity.

Large investment institutions on Wall Street were not able to get the opportunity to participate, and they complained about this. They were directly ignored by the largest angel investor, Wang Yaocheng.

The cake is so big, of course it must be eaten by the most useful people.


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