Chapter 2914: Explosion
Seoul, South Korea, Samsung headquarters.
During lunch time, Samsung Plaza has always been a favorite place for many people to stay.
In this early spring when the wind has gradually become gentle, holding a cup of coffee, standing or sitting, relaxing, or watching and searching, some people working in the most powerful company in South Korea spend half a day thinking about themselves. Reward for hard work.
Today was the same, not long after lunch time started, a few people were scattered on the square, becoming the first participants in the company's largest, routine, but informal social occasion.
The beginning was as ordinary and familiar as ever, but not long after, they saw a car driving in front of the building. They watched Quan Wuxuan get out of the car and hurriedly walked towards the building. Everyone was a little surprised. Could it be that President Quan was driving at noon today? , did you just find a small restaurant and just eat a bowl of noodles or fried rice cakes?
Otherwise, why would it be so fast?
But they soon discovered that something was wrong. One after another, senior officials they were familiar with but unfamiliar to them hurriedly got off the cars that were returning in a hurry.
Something must be happening.
And the expressions on everyone's senior management's faces that were too bad to hide clearly showed that this must be a big deal.
What happened to make them all look like this?
Those who are close to the top management think of the news that the top management is most concerned about recently. Could it be related to that aspect?
You guessed it right.
Quan Wuxuan had already seen the news at this time, and his first reaction was, "This is impossible!"
He actually screamed.
It's not that his self-cultivation is inferior to Yang Gang, but the president is not present, and the Spring Festival that just passed was the worst Spring Festival he has experienced in decades.
The reason why it was bad was precisely because of Qimonda, because of Feng Yiping, and because Feng Yiping easily acquired Qimonda while teasing them.
This piece of news placed in front of him undoubtedly shows that you feel uncomfortable already? No, this is just the beginning.
Is Feng Yiping going to become a nightmare that I can never get rid of?
Looking at the faces of the people in the supervision team of the secretarial office opposite, he explained, "I mean, such an amount of investment is unrealistic... No, I mean, it is impossible for Feng Yiping to have prepared such a large-scale investment. "
"We are all aware of the current economic environment. Although he has repeatedly publicly declared that the subprime mortgage crisis will be over by the end of the year, everyone can see that the current negative impact of subprime mortgages on the market is not decreasing, but expanding. "
"In the United States and Europe, small and medium-sized banks are still failing... In such a general environment, how can he quietly prepare at least US$50 billion in funds?"
"How much is he worth?"
"Let's look at how much he spent on mergers and acquisitions last year. The total is definitely not a small amount. And how much profit did his company generate last year... Impossible, I I think this is impossible!”
The person in charge of the secretarial office inspection team is under greater pressure than Quan Wuxuan, because the issues that Quan Wuxuan just mentioned are exactly the issues that they need to verify one by one in a short period of time.
"President Quan, we understand your confusion, but this news comes from a person who attended the meeting that Feng Yiping just concluded,"
“He repeatedly confirmed to us that in the meeting that included the president of GAIN Capital, several vice presidents, and many senior executives, Feng Yiping made such a statement in front of more than a dozen Chinese officials. '$50 billion is ready',"
"Although his statement is indeed a bit unbelievable," the head of the Secretariat's Office Supervision Group also felt that $50 billion, could this be true?
"But I believe that like us, you must not think that Feng Yiping would make false remarks on such an occasion and on such an issue,"
The other party's words made Quan Wuxuan wake up.
However, no matter how much he disagrees with Feng Yiping, and although he does not have as much relevant information as the inspection team, he still believes that Feng Yiping will never make such a false statement.
Just, at least $50 billion?
He really didn't want to believe this could be true.
“We don’t have to waste time on whether the news is true or not,” said the person in charge of the monitoring team. “This will be confirmed soon. The relevant news will be published in newspapers in China tomorrow at the latest, and possibly even earlier on the Internet. Some,"
He wouldn't be surprised if he saw the news on his Bloomberg terminal soon.
Although they have a lot of information about Feng Yiping, and even though they still feel that they still don’t know much about Feng Yiping, they are now very sure that this person they have only met once is incredibly young and incredibly accomplished. Young people are also very good at publicity and will always make relevant publicity have the greatest effect.
Perhaps because he had just eaten a few bites of lunch, Quan Wuxuan felt that he had little energy, "We will work out a response plan as soon as possible,"
The members of the inspection team stood up and shook hands with him heartily and said goodbye, "This is what the president hopes you will prepare as soon as possible."
Quan Wuxuan dragged his heavy steps back to his office and immediately convened a meeting. He had just relayed the news. Many of the Samsung Semiconductor executives present at the meeting had the same reaction as him. First they couldn't believe it. Then, just like him now, he seemed to have temporarily lost the ability to think and speak.
They really didn’t care much about the investment of at least $10 billion that Feng Yiping said in Hong Kong, but at least $50 billion? That was such a huge shock that they felt completely irresistible.
Quan Wuxuan forced himself to ask the question, "We need to study the corresponding strategy immediately."
Strategy?
Samsung's investment in the storage industry so far is also smaller than the amount claimed by Feng Yiping. The key is that their investment, whether at the beginning or now, has lost a lot.
According to the current trend, during the period when Feng Yiping said that all investments are completed, they will continue to lose money. It is not impossible to lose billions of dollars or even tens of billions of dollars.
That means that the strength comparison between the two sides will be even more mysterious.
So, strategy?
"By acquiring Qimonda, they have the same advanced technology as us, and at the same time, they have the world's largest market, and we all know that the world's largest market recognizes him and his company very much,"
"Now, he is preparing such a huge investment, and the output that can be achieved by such an investment is more than enough to meet the needs of the Chinese market..."
Kwon Oh-hyun felt that this atmosphere was very wrong, "With the popularity of smartphones and the emergence of other new products, the demand in the Chinese market will become greater and greater,"
Immediately, someone else said, "President, based on the current situation, Feng Yiping may form an alliance with several of the six major manufacturers on the other side of the strait,"
Kwon Oh-hyun's heart sank, and this was also a problem he really didn't want to think about at this time.
Of course, he knew about the contact between the six major manufacturers and Feng Yiping, but before, he was still very relaxed. Alliance is an alliance. Even if they all cooperate with Feng Yiping, it is impossible to have a higher output than Samsung.
But if it is at least 50 billion US dollars in investment and the output of the six major manufacturers... He felt deeply powerless again.
Perhaps, when the Japanese storage manufacturers faced their own company, they also felt the same way?
Even a strong man like him couldn't help thinking, if we succeeded in preventing Feng Yiping from acquiring Qimonda, how good would that be?
At this time, the vice president of Samsung Electronics was also talking about this in his father's office. Seeing that his father couldn't even sit down at this time, he knew that his father was really very annoyed.
He once again reflected on himself, "I'm sorry, I didn't handle it well and let him successfully acquire Qimonda,"
Because in terms of technology, Samsung has not formed a generation gap with Qimonda, which is the main reason why they are now in Alexandria.
Chairman Li looked at his son who seemed a little greasy just after entering middle age, and said in a deep voice, "Don't get entangled in such meaningless things. The priority now is to determine our strategy,"
The strategy is naturally whether Samsung should invest heavily like Feng Yiping.
50 billion US dollars, that's absolutely impossible! Although the family is big, they really can't raise such a sum of money now.
More importantly, can they bear the higher amount of losses brought about by increasing investment? Therefore, the most important thing is that the world's largest market is Feng Yiping's home court.
This is the biggest advantage that Feng Yiping, who has both technology and capital, has over them.
To invest or not to invest, this is a question.
Or rather, this is not a question. Chairman Li believes that it will be difficult for him to convince the board of directors to accept the plan of increasing investment.
Especially those shareholders on Wall Street will definitely not agree.
He knows that there are two aspects that those shareholders least want to hear: long-term investment and increased losses.
This is precisely the inevitable result of the corresponding increase in investment.
Vice President Li consciously avoided this question and said, "I think, first of all, we can't sit back and watch him and the six companies join forces."
Although his son's answer did not get to the point, Chairman Li knew that this was also an aspect that they should actively deal with now, "What should we do?" He asked.
He has also thought about this question, because the six companies are facing huge losses, and some of them seem likely to follow in the footsteps of Qimonda soon. He believes that those companies will find it difficult to refuse the temptation thrown by Feng Yiping.
So, acquire them?
It was not impossible, but now making such a suggestion would be equivalent to confronting Feng Yiping head-on. He was not sure that he would not repeat the same mistake in such an attempt.
"Your last operation gave me a lot of inspiration," said President Li, "so I think we might consider using some external factors to influence their alliance,"
President Li looked at his son and successor with approval, "Tell me about it..."