Wang Yaocheng stared out the window intently, his thoughts already wandering.
There is a simple-looking ridged beast on the high eaves in the distance, watching the sunrise and sunset on the side of the Forbidden City day after day, and the time goes by.
No matter how wind blows or rains, the ridge beast will always guard the eaves.
Depending on the location, the scenery you see will be different.
Wang Yaocheng has now thought about it and no longer expects to rely on his own influence to lobby for the superiors' decisions. This will only make things difficult for the leaders.
If Taiwan-funded panel manufacturers are driven by profit and repeat the mistakes of history, and they have suffered a lot this time, no one will lend a helping hand next time.
It would be really heartless to stumble in the same place twice.
All right!
Let's wait and see, let's let these Taiwan-funded panel manufacturers live a few more years, and let's settle the scores later in the year.
Gradually letting go of his obsession, Wang Yaocheng tapped his slender fingers on the table, thinking about the layout of the new LCD panel technology.
For now
Huanghe Technology Group specializes in large-size polysilicon TFT-LCD panel technology. The technology comes from Fujitsu and Toshiba, and has in-depth technical exchanges with Sharp, which has the highest technical level in this field.
The company's products are all produced based on TFT-LCD panel technology and have their own unique features.
In the Shenzhen Future Science and Technology Park, the most important R&D project of Huanghe Technology Group is small and medium-sized OLED technology, which is the No. 1 project in the R&D center.
With heavy investment, the project expert team composed of many experts from the United States, Japan and South Korea has made breakthrough progress.
In OLED, a specialized liquid crystal panel technology, scientific and technical personnel have obtained more than 1,670 patented technologies and can now prepare high-resolution OLED liquid crystal panels in the laboratory, forming a unique advantage in this field.
Next step
It is to form the industrial production capacity of small and medium-sized OLED liquid crystal panels and officially launch the products into the market.
Due to different production technology requirements, everything is made from scratch.
The research center of Huanghe Technology Group is faced with the need to completely redesign the OLED LCD panel industrial assembly line, which involves a large number of high-tech precision equipment.
This work has already begun and is expected to take one and a half to two years to complete the world's first OLCD small and medium-sized LCD panel production line by the end of 2003.
In this field, Sony originally had the deepest accumulation.
Sony has been researching OLCD since 1994 and has invested a lot of manpower and material resources. Its research and development capabilities in this field are also top-notch.
Huanghe Technology Group is also not to be outdone. In recent years, it has continuously invested heavily in strengthening research and development, attracting experts from the United States, Japan and South Korea to join, and it has quickly caught up with others in this field.
In the final analysis, Sony committed the common mistakes of large companies:
There are too many people and the decision-making mechanism is rigid. I am confused between the two technical routes of LCD panel and plasma display. I don’t know which path to take?
Time passes quietly amid arguments and shuffles among various departments of the company, giving latecomers a chance to catch up.
Wang Yaocheng is a guy who peeks at the cards. He is familiar with the future development trend of the LCD panel industry and makes a big bet without hesitation.
After making breakthroughs in small and medium-sized OLCD LCD panels, it immediately laid out the research and development of large-sized OLCD LCD panels and flexible screens, hardly giving any breathing room to competitors.
From a global perspective, there is a blank in these two fields, and Huanghe Technology Group has once again taken the lead.
In this era of rapid development of electronic technology, in addition to price butchers, you can also use technological progress to throw off your opponents and establish your own leading edge.
Wang's consortium takes advantage of its own advantages, investing huge sums of money and offering generous salaries and benefits to recruit scientific and technological elites from around the world. Its companies have achieved remarkable scientific and technological achievements in their respective fields.
To say that the person who attaches the most importance to research and development in the world is none other than Wang Yaocheng. In order to seize the commanding heights of science and technology, he has always invested in it at any cost.
This strategy of emphasizing technology, talents, and research and development has continuously injected vitality into the development of the consortium and driven it to a higher level.
A few days later, good news came from the United States.
President Huo Jiaguang and a US-funded consortium finalized the acquisition of Samsung's LCD business unit at a price of US$4.29 billion and assumed the debt of Samsung's LCD business unit of up to US$10.74 billion.
This price was far less than the range defined by Wang Yaocheng, which made him overjoyed.
After careful questioning, I found out that President Huo Jiaguang had used another trick, and he was indeed a cunning mergers and acquisitions expert.
President Huo Jiaguang contacted the American consortium. One wanted to buy and the other wanted to sell. This was unexpected.
Wang's consortium was originally on the list of potential acquirers from the United States, and was the most likely to reach an agreement, so it was originally prepared to take a serious bite.
First arrival in New York
President Huo Jiaguang first talked about the overall package acquisition of Samsung Electronics, which included three businesses: home appliances, semiconductors and liquid crystals, and he seemed ready to swallow it up in one go.
Purpose;
It is to confuse the other party's line of sight and make them confused about their true purpose.
As a result, the US-funded conglomerate spoke loudly, and Lee Kun-hee of Samsung Group was jumping up and down to do work, and strongly opposed the merger negotiations. The negotiations broke down after two days of hard work.
Followed by
The home appliances sector was subtracted from the merger and acquisition project, leaving the semiconductor and liquid crystal sectors. The two sides continued to compete.
The Wang consortium wants to take advantage, but the US-funded consortium is not easy to deal with. Although the negotiations have made some progress, they are still very difficult to advance. The price is almost gnawing at every penny, and the gap between the two sides' positions is too big.
Four days later, the negotiations broke down again as expected.
At this time, the mentality within the US-funded consortium changed, and serious internal differences arose.
When President Huo Jiaguang and his party were about to end the negotiations and leave New York, the other party tried their best to persuade them to stay.
Ever since
The two sides sat down at the negotiation table again and adopted the strategy of negotiating separately, each showing their sincerity.
Then……
That is, the negotiations on the home appliance sector broke down, and the negotiations on the semiconductor sector broke down one after another...
main obstacles
It was the hard-liners of the consortium, Lee Kun-hee, and the managers of Samsung Electronics who rushed to New York who strongly opposed it, and they continued to obstruct the conclusion of the merger agreement, causing a lot of trouble.
Under such circumstances, the long-simmering conflicts within the US-funded consortium completely broke out.
For U.S. investment institutions, obtaining actual benefits is the ultimate goal, rather than supporting the development and growth of Han Bangzi Electronics and Semiconductor Industry.
As long as the two are not inconsistent with each other, U.S. investment institutions are certainly willing to make Samsung Electronics bigger and stronger.
But the current market structure has been determined;
Cooperation will benefit both sides, defeat will hurt both sides.
Under the strong suppression of Wang's consortium, it is not easy for Samsung Electronics to break through the siege!
If Samsung Electronics wants to grow into the world's top company, it must first break the encirclement and blockade of the companies under the Wang Consortium. I can't imagine how much resources this will require.
After all, no one has the foresight to know that Samsung Electronics will develop into a behemoth in the electronics and semiconductor industry that the world fears in the future. Judging from the current situation, it seems that it has no such fate.
Some U.S.-funded institutions have a desire to cash out, and the split and sale of part of Samsung Electronics' business was reached based on this consideration.
final
After an internal share vote, the willingness to sell some assets prevailed.
The hardliner who presided over the negotiations was replaced, and Mr. Rockefeller came to negotiate. Li Jianxi and others were no longer allowed to enter the negotiation site.
The main obstacle to reaching an agreement was removed. Within only half a day, the two parties reached a deal in the LCD business unit and signed the final letter of intent for the merger.
The two parties will take a short break and continue the next round of negotiations on the semiconductor division deal...
This arduous negotiation was really full of waves.
It can be said that;
There is no way out despite the mountains and rivers, but there is a village with dark willows and bright flowers. It is hard-earned!
On the same day that the Wang Consortium reached a deal with the United States, the "panel purchasing group" departing from Yanjing transited through Hong Kong and arrived at Kaohsiung Airport on the island of Taiwan, officially starting this large purchasing trip.
After Wang Yaocheng read the report carefully, he couldn't help but quietly wiped the non-existent sweat on his forehead and shouted:
It was a fluke, it was such a fluke. Fortunately, the deal was reached and the big fish of Samsung was almost let go.
immediately
Wang Yaocheng ordered the Huanghe Technology Group's merger and acquisition takeover personnel and expert team, which had already been prepared, to take the legal team members and fly directly to Seoul on a special plane.
Officially taking over Samsung's LCD business unit and four affiliated research centers, as well as the Jeollanam-do factory and other facilities, we must ensure that no one slips through the crackdown.
This time, no matter what, remove one of Samsung's arms.
Wang Yaocheng is already preparing to fly directly to New York to personally participate in the next round of negotiations.
The sooner we acquire the semiconductor division, the sooner we can let go of the long-suppressed price of DRAM memory chips, and the sooner we can reap huge monopoly profits.
Time waits for no one!
This time, Wang Yaocheng was cruel;
Even if it abandons its strategic plan to expand the global telecommunications market, it will completely castrate the Samsung Group.
The market changes are dazzling, and sudden variables have overturned the original overall plan. Adjustments must be made according to the changes in the situation, and be the first to kill Li Jianxi, the eager tiger.
If Samsung Electronics loses its LCD and electronic semiconductor businesses, it is tantamount to losing its future.
In this era of booming development of the electronics and semiconductor industry, falling behind is undoubtedly fatal. If you want to pick up everything and catch up again, unless Samsung Electronics has a good father like BOE, who can endure huge losses in the past 20 years and continue to invest unswervingly.
After deciding on the established policy, Wang Yaocheng felt relaxed. Looking at the sunset outside the window, the horizon was already covered with sunset, and he left the office with a relaxed expression.
"Hi, Miss Peimin, please tidy up and get off work."
"Chairman, are you ready to go back?"
"Well, you should go back early. I'm afraid I have to fly to New York the day after tomorrow. Let me tell my family in advance when I go back. It will take more than a month this time."
"Got it, I'll arrange a car for you now."
After the secretary said hello, Wang Yaocheng strode forward along the corridor with his long legs. The bodyguards followed closely and ran to the special elevator first to wait.
Everything seemed orderly and flowing as smoothly as water.
After the Chen Xiaoli incident, the group's security team was drilled so hard by Captain Daxiong that they almost lost a layer of their skin.
All the original comfortable vacations were cancelled. Except for one class on duty and one class resting, the remaining classes participated in professional off-the-job training. The content was to go through the high standards of security business skills again, and also added loyalty, confidentiality, and espionage prevention.
Anti-interference and other professional training.
Simply asking for written exams is a thick pile and makes everyone miserable.
Not only that, the Royal Family Fund's personal secretariat is even more of a key target. In addition to the security skills assessment, the existing personnel are also required to pass professional training such as loyalty, trustworthiness, confidentiality, espionage prevention, and counterintelligence.
Director Daxiong of the Security Department was personally watching, and even the deputy directors of the Secretariat, including Director Zhao Feng, Han Jianfei, Liu Shoutian, Hao Wei, Chen Shi, Shi Xueyi, etc., as well as the other top management of the eight major departments, had to go through relevant studies.
Sort out your thoughts and understanding from top to bottom.
from now on
All personnel who enter the Royal Family Fund headquarters must first pass relevant studies and assessments before they can take up the position. We strive to check the situation from the source and always tighten the string to prevent the infiltration of commercial espionage.
The Security Department did this with great fanfare, which really caused a lot of complaints.
For the staff at the fund headquarters, the entire year 2002 will definitely be an extremely difficult year.
(On the second day of the 10,000-word update, I will continue to ask for monthly votes and recommendation votes. Readers and friends who support me, please click to collect, thank you all!)