Chapter 2851 A Difficult Decision

Seeing Mr. Luo leaving with some confusion, Cummins said, "Boss, judging from his resume, this Mr. Luo is obviously more focused on technology. Behind this, the exchange rate has not had much impact on their industry. It’s clear, and it’s excusable,”

Feng Yiping shook his head, "No, as the head of a multinational company with factories and R&D centers all over the world, and its products mainly exported, if he has not realized the impact of exchange rates on the company, he is extremely unqualified,"

Yes, the answer to the question Feng Yiping just asked Mr. Luo is the exchange rate.

From an insider's perspective, whether it is the decline of Japanese manufacturers, the rise of Korean manufacturers, or the ups and downs of virtue manufacturers, there is a red line behind it that is invisible to outsiders, and that is the exchange rate.

Including Qimonda, all manufacturers that have withdrawn from the memory market, whether it is IBM or Motorola in the United States, NEC or Hitachi in Japan, in fact, their fate is not completely in their own hands.

Under the general trend of exchange rates, if there are no outstanding entrepreneurs who can turn the tide, professional managers will only follow the trend and the company will disappear in the tide.

For example, NEC and Hitachi were still among the top three companies in the early 1990s. However, the appreciation of the yen caused by the Plaza Accord and the subsequent bursting of the bubble economy gradually reduced their competitiveness.

This allowed Korean manufacturers with a global perspective to seize the opportunity after the Seoul Olympics. Samsung, Hyundai Electronics and LG Semiconductor successfully caught up and entered the top six.

Or we can say that the long-term depreciation of the Korean won is the engine of the Korean economy. The rapid depreciation caused by every financial crisis is like a life-saving shot for export-oriented Korean companies.

South Korea's real rise in the memory market was in 1997, and in 1997, during the Asian financial crisis, Korean companies had excessive debt ratios and insufficient foreign exchange reserves, and the tightening of debt in Europe and the United States caused the Korean won to plummet by 60% in a few weeks at the end of the year. .

This plunge has greatly enhanced the export competitiveness of Korean companies. In 1998, South Korea surpassed Japanese companies in the memory field (the Asian financial crisis and the subsequent series of measures had a major impact on South Korea. If we think back, we will know , that is, since then, there has been the Korean Wave).

Qimonda is the first manufacturer to fail in this round of competition. It can be said that it is also directly related to the exchange rate.

Because of the subprime mortgage crisis and the fact that the U.S. government did not discuss with its allies and acted wantonly to save itself, the euro appreciated sharply against the U.S. dollar and reached its highest point in the third quarter of last year... From this point of view, the reason why Qimonda Being the first to be eliminated also has the implication of committing a crime other than war.

But as a witness and direct party to the rise and fall of this market, it cannot be justified that he is completely unaware of this point, or fails to realize the importance of this point.

Gary Cohn, who came over after Mr. Luo left, also agreed with Feng Yiping, "He must be aware of the fluctuations in selling prices and revenue caused by the exchange rate. Under such circumstances, he cannot see the impact of the exchange rate on the industry. …”

He kept shaking his head. Many people on Wall Street could see this.

Hum, don’t think that we on Wall Street can only create problems and solve them, we are equally powerful.

If a company like Qimonda had a closer relationship with Wall Street, and if it had already cooperated with Wall Street, it would not be so quick to turn to a Wall Street company as its bankruptcy client.

Feng Yiping looked at his watch. Fortunately, the child's mother said that no matter what, she must go out for a walk with her child in the afternoon. "Okay, let's not talk about this. Let's discuss the issues that should have been discussed long ago and finalize this deal as soon as possible." "

"It must be no problem," Cummins said. "From the two of them visiting one after another, it can at least be seen that they are really anxious."

Feng Yiping smiled, yes, they were really anxious.

Cohen also laughed, "It is also certain that the major shareholder Infineon is so eager to leave the big burden of Qimonda behind,"

Feng Yiping felt that his smile was a bit malicious, but, haha, he liked it.

Infineon and Qimonda are of course anxious.

Germany's bankruptcy laws are quite strict. If the relevant fees are not paid within a certain period of time, you must also apply to the court to enter the bankruptcy process. The reason why Qimonda has not been declared bankrupt at the moment is just that Infineon, which has been deceived, has given it another Qimonda allocated a sum of money and allowed it to hang on for a few days.

This was the dowry that Peter Bauer was willing to pay, and it was also their last effort and goodwill.

…………

At the headquarters of Samsung in South Korea, the meeting is still going on.

All the participants looked at the president at the main seat, but after a while, seeing that the president had no intention of speaking, everyone consciously looked away.

Under such circumstances, if you look at it further, it is equivalent to a kind of oppression.

After about a few minutes, the president finally said, "For smartphones, we must develop our own operating system."

"Investment must be increased, regardless of cost!" He looked at Cui Zhicheng and said.

"Yes," Cui Zhicheng stood up and replied respectfully.

At this moment, his mood was a little complicated.

The president's decision has actually set the tone.

If the previous cooperation with Feng Yiping's company was mainly cooperation, then in the future, especially after the successful development of its own operating system, it will probably be mainly confrontation.

In such a process, there would be too much uncertainty, and when he thought that the other party was Feng Yiping, he couldn't see the future prospects.

In other words, Mr. Cui, who had promised firmly, had no confidence in confronting Feng Yiping.

And this does not rule out other possibilities. For example, if Feng Yiping realizes their actions, will he unilaterally withdraw Android's authorization to Samsung?

If Android does this before Samsung's self-developed system is successful, it will be equivalent to a death sentence for them. Although this will arouse the vigilance of other mobile phone manufacturers, he believes that as long as Feng Yiping and others do a full job of explaining, it will not It is impossible to get understanding from mobile phone companies other than Samsung.

On the surface, taking other people's free lunches while trying to turn other people's restaurants into your own is a despicable act.

Although in the market, it doesn't matter whether the means are despicable or not, but from the perspective of the outcome, even if Samsung explodes due to this and successfully develops an alternative system in a short period of time, it is not optimistic either.

Mr. Cui didn’t understand it at first, but after watching the preparations for Android’s launch, he also understood the importance of the ecological chain to an operating system.

As for the operating system of smart mobile devices developed by Samsung, if they want to build an ecological chain, even if they are really a superpower in the universe, they will definitely not be able to do it.

As a mobile phone manufacturer, a powerful mobile phone manufacturer, Samsung is in a competitive relationship with all other mobile phone companies on the market. Under such circumstances, it hopes that other manufacturers will install Samsung's operating system... Haha, that's it I can only think about it in my dreams.

The consequences of not being able to form an ecological chain, Qimonda's current situation is a very good revelation.

If it had adopted additive technology like other manufacturers, it might not have failed so quickly.

In the future, what is the difference between Samsung, which will use a self-developed system, and Qimonda, which will use a grooved system alone?

When I finally decided to confront Feng Yiping's company, I remembered what Feng Yiping had said many times, "Confrontation is the most meaningless thing, only cooperation will lead to win-win results," Mr. Cui couldn't help but sigh. A lot.

At first I thought it was just a cliché, but now I think about it, even if it is a cliché, it is a very reasonable cliché, and Feng Yiping may actually follow such a cliché.

At this time, the president added, "Remember, it must be highly confidential,"

He quickly stood up again and answered respectfully, "Yes!"

The president's addition reassured him a lot, which showed that the president had obviously thought about the uncertain consequences that such a decision might bring.

However, the thoughts that followed made him couldn't help but "suddenly" occurred in his heart. Could it be that the president didn't have much confidence in confronting Feng Yiping?

He glanced at the president and saw his solemn face. No, it must not be the case. The president is just... cautious, yes, just cautious!