Rebirth of the 92 Business Tycoon

Chapter 2849 Difficult Opponent

On the evening of the 29th of the twelfth lunar month, Seoul, South Korea, a metropolis home to nearly half of South Korea’s population, was as deserted as all big cities in China.

Like us, Koreans are also particular about going home to visit relatives before New Year's Eve. At this time, the streets, which used to be bustling with traffic on the first day, are sparsely populated and very clean. Many shops have signs saying they are closed for consecutive holidays.

And because some traditions that even we didn’t care about long ago are still adhered to, Seoul at this time is even more deserted than our big cities.

For example, because of the accelerated pace of life and the improvement of economic conditions, many people in China are now accustomed to going to restaurants to have New Year's Eve dinner, but South Korea still pays attention to making the New Year's Eve dinner by yourself, so their restaurants have always had the habit of not opening their doors until thirty. .

The industry generally believes that since the bosses all go home for the New Year's Eve dinner, of course the waiters and chefs must also go home for the New Year's Eve dinner. In any case, this is a rare and human touch.

Kwon Oh-hyun, the president of Samsung Semiconductor, is a little busy at this time, because he still follows the principle that the whole family must celebrate the New Year together, which is the most lively time at home.

He is a senior executive of Samsung and the most promising person among the brothers and sisters. Therefore, as the elder who is most respected by the younger generations in the family, he receives the most greetings.

At this moment, he suddenly received a call asking him to return to the headquarters immediately.

I'm wearing Korean clothes. If you tell me this, can you still make me celebrate the New Year happily?

But he couldn't be negligent about this call. The caller came from the group secretary's office.

When President Quan rushed to the headquarters, he found that other senior executives he was familiar with, such as Cui Zhicheng, who was in charge of the mobile phone department, were already waiting outside the conference room. He suddenly remembered that, by the way, it seemed that he had not heard the news that Qimonda had declared bankruptcy. ?

This wasn't right, he quickly started calling.

At this time, a group of people came over, surrounded by the short and stocky president. President Quan, who had just accepted the young man's bow at home, also quickly bowed with the others around him. His posture was even more standard than that of the juniors at home. , but also be respectful.

The meeting started as a whole, and the head of the secretarial office inspection team stood up.

The Secretary's Office Supervision Team, a team responsible for gathering intelligence, research, analysis, and planning, has always been the most eye-catching team in the Secretariat.

Because the purpose of the founder's establishment of the Secretariat was to collect and analyze intelligence, some people even commented that the Secretariat's intelligence collection capabilities were more powerful than the South Korean National Intelligence Organization.

Because Samsung has various branches around the world, whether it is a private party or a business meeting, Samsung employees scattered around the world are collecting intelligence all the time. This intelligence is released through the group intranet and finally summarized in the secretary's office.

The secretarial office's inspection team has been tracking competitors' business strategies. Information such as the outbreak of the Gulf War, the death of ***, and the import of cash registers from Russia were all obtained by the inspection team at the first opportunity.

Overall, their intelligence gathering capabilities are very similar to those of the Rothschild family in their prosperous period in the 19th century.

Although they cannot control the bond market with intelligence like the Rothschilds, they are accustomed to using branches around the world to obtain political and economic intelligence to make quick decisions and actions.

Quan Wuxuan instinctively felt that what the inspection team was going to say this time must be related to him. Sure enough, "We have confirmed that Feng Yiping arrived in Munich an hour and a half ago and checked into the Hilton Munich Park Hotel."

Quan Wuxuan's heart suddenly tightened, Oops!

"Shortly after Feng Yiping checked into the hotel, less than ten minutes later, Infineon CEO Peter Bauer hurried to the hotel. According to observations, he stayed for less than 20 minutes,"

"Shortly after he left, Qimonda CEO Luo Jianhua also hurriedly entered the hotel and has not yet left,"

Now, Quan Wuxuan knew why Qimonda had not officially declared bankruptcy.

"Because the relevant hotels have adopted a high-standard security model, we do not have direct knowledge of what happened inside the hotel for the time being, so it is not clear whether they met with Feng Yiping," the person in charge of the inspection team continued, "because, Goldman Sachs was commissioned by Qimonda to find international investors, and their COO Gary Cohn stayed at the hotel earlier than Feng Yiping."

The inspection team has always been so rigorous.

"We also noticed that the Goldman Sachs team led by Gary Cohn arrived in Munich at the same time, and stayed at the hotel together with the team led by Cummins, the top person in charge of Feng Yiping's US company,"

"Before this, they had already had contact with relevant German and EU institutions, as well as senior executives of Infineon and Qimonda..."

"We will inform everyone of the follow-up situation in time," he nodded to the chairperson and everyone before sitting down.

Everyone was waiting for the speaker to speak, but the speaker remained silent for the time being.

Although there is currently no direct evidence from inside the hotel, the fact is very clear, that is, Feng Yiping is eyeing Qimonda.

This was something even he couldn't keep calm about.

Looking back, in December 1974, he decided to use his personal funds to acquire South Korea's first wafer fab, which was facing bankruptcy just three months after it was put into operation. This was the most important decision that changed him personally and Samsung.

Over the past thirty years, Samsung Electronics, relying on semiconductors, has become the most important business department of the Samsung Group, and semiconductors are also the direction he has determined to continue to develop in the future.

In this field, the demand of the Chinese market is very critical.

China imported more than US$30 billion in chips last year, and with the explosion of smartphones, this proportion will also drive growth.

If Feng Yiping intervenes...

According to Feng Yiping's acting style, the trouble will really be big.

Seeing that the boss was silent and everyone was silent, Cui Zhicheng, the head of the mobile phone department, was the first to speak. At Samsung, he was the one who had the most contact with Feng Yiping, "Feng Yiping will definitely be very interested in Qimonda. Judging from his layout, in addition to building an ecological chain around Android, he obviously hopes to build a complete industrial chain around smartphones and smart mobile devices."

"Or at least, he can grasp the key links. Their advantages in mobile phone panels and his purchase of ARM can illustrate this,"

He saw that the big boss nodded to him, which made him very happy. The big boss obviously agreed with his opinion.

Mr. Li indeed agrees with Cui Zhicheng’s view, because he also wants to establish a complete industrial chain around smartphones to ensure Samsung’s future leadership position in the huge smartphone field, as well as relatively higher profits.

Looking at Feng Yiping's style, I really want to have the same idea.

ARM originally hoped to get involved. Unfortunately, judging from ARM's operating mechanism, the market does not allow it to be acquired by a company like Samsung.

In other words, after Samsung acquired ARM, apart from the fact that it no longer needs to spend money to purchase ARM's chip design license, it can no longer expect to make profits from the market by relying on ARM's IP.

Other mobile phone and mobile device manufacturers will definitely switch to other chip design companies, or simply develop their own chips.

But Qimonda does not have this problem.

The problem is, he remembered Qimonda's information again. Qimonda has close to 5,000 employees in Germany, which is really a huge burden.

Quan Wuxuan knew that he had to speak, "From my understanding of Feng, he has always been very planned in his actions. This can be seen from the fact that he acquired the intellectual property rights of related panels from Corning in the United States so early."

"It can also be seen from his acquisition of ARM that he must have always been very concerned about the chip industry. However, due to some reasons, he has not found a suitable opportunity. I am sure that he will not let this opportunity go,"

"Taken together, I think we can probably come to the conclusion that Qimonda is on the verge of bankruptcy, which is an unexpected incident. His desire to acquire Qimonda is also a temporary decision,"

"In other words, the acquisition of Qimonda was not carefully planned in advance like other projects he personally ran, so I think this is our opportunity,"

As the head of the semiconductor department, he certainly hopes that Samsung can acquire Qimonda. After accepting Qimonda's more than ten percent market share, Samsung has established its absolute advantage.

He looked at the president on the main seat.

Other people present at the meeting also looked at the president on the main seat.

At Samsung, what they say is useless. What the person says is the key.

The president is still deep in thought...

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