Chapter 1165 Kumho's Details

My eyes are deep and I realize that Kumho is in the early stage of the industry. Today is: the drought is strong. In July, fresh graduates from colleges and universities around the world continue to leave school for employment. Li Zaizhu has always believed that high-quality and cheap human resources are one of the key factors for the rapid growth of Chinese enterprises.

Other member companies in the Kumho system do not receive much media attention, which has a lot to do with Kumho's internal control of Xilun. However, the Aida Group's gauntlet plan was widely publicized by the media before it was launched years ago.

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The number of fresh graduates recruited by Aida Group this year will reach 5,000, making it the company that recruits the most fresh graduates at one time in China and attracting wide attention. Two thousand of them will go to Kumho's core research institutions.

Different from the fresh graduates recruited by other Chinese high-tech enterprises, Oak Park was the first to create a dual-tutor training mechanism in the experimental nature of the construction division and local colleges and universities. Excellent students in information engineering, microelectronics and other related majors were introduced to Oak Park during their school days. Internships in the face room are middle and high-level research personnel hired by Oak Park with high salaries as the second tutors to provide academic and technical guidance, which greatly makes up for the lack of Chinese universities in cultivating high-end technology.

With Oak Park setting up branch research machines in other central cities, it is natural that the dual-mentor training mechanism will also be brought over. w "Fiction" novel chapters are updated the fastest

Three years have passed and the dual-tutor training mechanism has come to harvest. Among the 2,000 new recruits in Oak Park this time, most of them are fresh graduates who have been trained by the dual-tutor system. The training that researchers should have.

There were only 4,000 official researchers in Oak Park before, but this dual-tutor system similar to the maintenance mechanism made the actual staff of Oak Park far more than Kumho's official figures, which often made the outside world underestimate Kumho's research strength. Li Zaimo's eyes have been staring at Kumho all the year round. For the past two years, most of the time has been spent in Jianzhe to figure out some of Kumho's mysteries, and he will also use some low-level methods to spy on Kumho's business secrets. Knowing that Oak Park was in China in the first half of this year More than 2,600 invention patents have been submitted, and more than 800 invention patents have been submitted overseas.

In fact, since Kumho independently developed the baseband chip technology for digital mobile phones, there have been specialized international analysis agencies that have begun to pay attention to Kumho’s research and development capabilities. Husha did it on purpose.

Although the disclosure of these data and information can increase the reputation of Kumho's brands, the building of brand and goodwill is a rather complicated system engineering.

Unless Li Zaimo stared at Kumho with one eye open, it would be difficult to clearly know the details of Kumho.

Kumho's "Hundred Talents Plan" for the global recruitment of middle and senior technical personnel is already quite amazing. In fact, nearly half of the middle and high-level technical personnel recruited by Kumho's "Hundred Talents Plan", including mid-level and senior experts introduced by China Crystal Microchip Thousands of people.

The additional welfare cost Kumho paid for this was over 100 million US dollars.

In its publicity to the outside media, the Aida Group claimed that the budget for the entire Oak Park research system this year is 400 million US dollars. Such a large investment of Chinese enterprises in research and development has already made people dumbfounded. It is estimated that the sales revenue of Aida Group in the past two thousand years will exceed 30 billion. Level. Even if Samsung Electronics has always been willing to spend a lot of money on research and development, the research and development budget of two thousand years only accounts for a fraction of the sales revenue.

Even though some analysis agencies think that they have overestimated Kumho's determination in technology research and development, Li Zaimo knows that the $400 million R&D budget is just a smoke bomb released by Kumho. He has analyzed the financial data separated by Aida. Kumho’s investment in electronics industry research and development may have exceeded 400 million U.S. dollars last year... This year’s investment in electronics industry research and development may even exceed 800 million U.S. dollars. This is not a listed company. The investment of Aida Electronics in the field of disk drives and the investment of Sinochip in the research and development of new wafer manufacturing processes are included in the calculation.

Because Kumho has taken on the important task of financing overseas, Kumho Corporation must disclose some core financial data that has undergone strict scrutiny to the financing target Show the actual cash flow that Aida Group can obtain.

Even if there will be a considerable part of overseas profits to be withheld by Kumho Corporation, Aida Group's profit in China's mobile phone market in 1999 was more than 500 million US dollars. The group also has a lot of hidden income and the cash flow will be very huge.

Li Zaimo noticed early on that Kumho is very strict in ensuring that all the inflowing funds are used by Aida Group itself. Kumho member companies such as Kumho, Shin Kong Paper, and Shengxin Electric have received a lot of financial support from Aida since 1998. ; On the other hand, Aida Group has always been conservative in its physical investment in factories. Just like Aida's sales of mobile phones this year may even exceed 10 million units, and the mobile phone production capacity expansion plan of its factories this year...only 800 Therefore, it is still possible to estimate Kumho's real budget for electronics industry research.

Before Kumho, it can also be said that those who lacked sufficient understanding of Kumho could hardly imagine a Chinese company with such a majestic determination to invest in the research and development system, and it can even be said to be true.

The key is that Kumho makes too much money in consumer electronics, and even such a high proportion of scientific research investment will not cause much.

Kumho’s ambitions in the electronics industry are really appalling! Li Zaimo sat forward with a heavy heart, patted Kim Nam-yong on the shoulder and asked, “How big do you think Kumho’s ambitions are? Samsung or Sony? For the goal?" For two thousand years, Sony is still the king of the consumer electronics industry: Li Zaimo claims that Samsung Electronics is already very strong, but at this time, he can only bow down to Sony. The Waterloo Shanghai defeat at this time also lost steadily in the portable music player market, especially the portable digital music player market.

Jin Nanyong did not answer Li Zaimo's question. Now anyone with a discerning eye can see Kumho's ambitions in the consumer electronics industry. China's number one consumer electronics company is far behind Kumho's appetite. He said, I think Kumho is working as a factory. After all, I have collected a list and found that Kumho has been consciously recruiting resigned personnel from the LCD department of Hyundai Semiconductor since the Asian financial crisis in 1997. Its 100-person plan has also recruited a number of top experts in the field of LCD technology. Lake's crystal screen electronics production. LCD is in the entire LCD industry. Technology is facing being eliminated, and the technology with limited development prospects is not worthy of such large-scale and large-scale investment. Kumho's offer to Hyundai Semiconductor to acquire its high-end LCD division this time is quite sudden to the industry. I thought Kumho might have been ready for a long time. ""Oh? Li Zaimo said, "Tell me your guess." ""I suspect that Kumho has already mastered the related technologies of advanced technology. Even if Kumho unexpectedly announces that it has mastered the baseband technology of mobile phones, the biggest possibility now is that Japan and our Korean companies have been working in the LCD industry for many years. There are patents that Kumho can't get around. Maybe they bought Hyundai Semiconductor's LCD division just to buy an entry pass," said Kim Nam-yong.

"You think so?" Li Zaizhu sat up straight suddenly. This speculation is very different from the previous prediction. It was predicted that Kumho would have to rely on South Korea's R&D and production system after acquiring Hyundai's semiconductor and LCD division. Kumho wants to fully integrate. South Korea's research and production system is by no means a simple matter. Even if Kumho's acquisition is successful, many traps can be set. Hu's dependence on South Korea's LCD research and production system has been minimized, and it will be difficult to do anything afterwards.

Very likely. " Jin Nanyong said.

"They have such great determination, don't they just "monopoly think that LCD technology will eventually suppress plasma screen technology?" " Li Zaizhu asked.

"If Kumho had been catching up with Samsung or Sony from the very beginning, he would have no choice between LCD technology and plasma screen technology," Kim Nam-yong said.

Li Zaimo nodded to understand what Quan Nanyong meant. High-end liquid crystals have technical difficulties in large screens. Plasma screens have technical difficulties in small screens. Kumho still takes mobile phones as its core industry. It is easier to choose crystal screen technology. The actual small screen technology is more natural than liquid crystal display technology. choose.

"Even so, there is no way to stop it." Mu Zaimo sighed softly.

"If Hyundai Semiconductor knows that this is Kumho's background, it may be useful," Kim Nam-yong said.

"Well, help me contact Pu Zhenchang immediately, no matter what the real situation is, you should convince Bu Zhenchang that there is such a possibility," Li Zaimo said.

Previously, the creditors behind Hyundai Semiconductor's backroom held positions for a long time, which would cause the depreciation of tangible and intangible assets such as LCD production lines and LCD technology, so they also expected to facilitate the transaction as soon as possible; The entry card is of key value to Kumho, and the risk of delaying time is relatively minimized.

Samsung is hoping that Hyundai Semiconductor can drag on for a while.

The secretary ran over and whispered that Li Zaimo called soon after he left, Pu Zhenchang was puzzled and left calmly to go to the study next door to answer Li Zaizhu's call.

Watching Park Zhenchang walk into the next room to answer the phone, Zhang Ke turned his head slightly and whispered to Zhang Yaping, "These vampires are really hard to fight..." Zhang Yaping smiled. He was sitting at an angle where he could see Park Zhenchang talking on the phone through the crack of the door. Although I couldn't hear what he was talking about, but seeing the hesitant prying on his face, this call seems to be related to them." He told Zhang Ke in a low voice: "I don't know if he got information that is not good for us temporarily. His eyes are a little bit Police hate. """ Zhang Ke narrowed his eyes slightly and said quietly, "I have already made up my mind to make a fortune for them. I thought about it for a while, and it’s not out of the question that they want to raise the purchase price again, but we also need them to put themselves in our shoes and consider the financial pressure for us. I think they, those who do finance, always need customers.” Zhang Yaping nodded at the established It is mentioned in the article that part of the acquisition funds will be provided by several creditor banks such as Chaoxing Bank. If the other party raises the purchase price, they can ask the creditor banks to increase the loan amount to offset the pressure on funds. As for the mortgage required, you can take The acquired fixed assets are used as collateral.

Pu Zhenchang couldn't be sure of Li Zaizhu's judgment. After all, Li Zaimo couldn't bring the relevant information and data collected by Samsung's intelligence search department to him. Pu Zhenchang even suspected that Li Zaimo wanted to sabotage the acquisition transaction maliciously. He had every reason to believe that people from Samsung would do this: of course, the possibility Li Zaimo said did exist. It is surprising that Kumho has quietly developed mobile phone baseband chip technology. You must know that Samsung Electronics has failed twice in the face of baseband chip technology.

Pu Zhenchang will not immediately test Kumho's tone, after all, he can only speak on behalf of the Hanxing Bank family. Li Jianxi, the god of management, also admires it in private.

Thinking of Li Zaimo's visit to Pu Zhenchang, the corners of his mouth couldn't help showing a smile. It's really not a good thing for Li Jianxi to appreciate. Although Park Zhenchang was prepared in his heart after hearing some rumors about the young man in front of him before coming to Beijing, but after seeing Zhang Ke, his heart still became more and more shocked.

Park Zhenchang, like many Koreans, has some personal heroism complex. He feels that some people can always achieve some special careers, but it is still difficult to connect the rise of Kumho with the young man in front of him.

According to the forecast of Hanxing Bank, Aida Group's consumer electronics business in China and outside of China will earn more profits this year than many well-known Korean electronics companies in Asia. Aida Group looks a little weak because Aida Group puts most of its overseas business under the name of Kumho Corporation, and many overseas companies will not release financial data to the outside world, hiding the regrettable income that could have been merged into Aida Group . Even so, Aida Group is still the second largest electronics company in China, second only to pompous appearance: the announced profitability is far greater than that of Huaxia Electronics.

In addition, Park Zhenchang is a person whose interests are up to him and does not have a particularly strong national complex. On the contrary, he finds it difficult to understand the extreme thinking of some Korean youths who are arrogant and arrogant. In his view, South Korea simply lacks the possibility of becoming a powerful country geographically. The most important thing is to pursue its own interests among major powers. There is no need to be overly vigilant against China and Chinese companies.

Of course, if Lee Jae-mo's judgment is true, Park Jin-chang will not forget that he blackmailed Kumho on behalf of Hanxing Bank, but this judgment does not have enough evidence for him to go back to Korea and then talk to other creditors of Hyundai Semiconductor. Delegates discuss and decide together.

Zhang Ke will meet Yang Rongping of China Unicom in the afternoon after having lunch with President Park Jinchang of Hanxing Bank.

In the first ten days of July, Unicom was publicly listed on the Hong Kong Stock Exchange, and at the same time, it was listed on the New York Stock Exchange in the United States to raise more than 100 million U.S. dollars. This is the largest financing event in Asia except for Japanese companies, making it one of the most important financial events in July.

It should also be said that the strong rebound of the Nasdaq has created a good external financial environment for China Unicom's successful listing. Most importantly, China Unicom has solved the previous capital gangrene in one fell swoop through this financing.

Since the beginning of the year, Kumho has been hiding behind the scenes to promote the customized mobile phone business of China Unicom, Lianxin and Kewang Hi-Tech. Due to concerns about the distribution density and carrying capacity of Unicom's g-state network, and in order to avoid excessive stimulation, Zhang Ke of China Mobile persuaded China Unicom to agree to abandon the previous radical plan, and selected some central cities with complete g-grid equipment to experiment with the promotion of customized mobile phone services.

Nearly half a year has passed, and China Unicom has promoted customized mobile phone business in nearly ten central cities, including Beijing and Guangdong Jianfeng, and carried out various promotional activities similar to recharging mobile phones to promote the growth of new users in the region.

This "trick" is very effective. In cities where China Unicom promotes customized mobile phone services, the growth rate of new users has been greatly improved compared with before, and even the growth rate of new users can catch up with the tail of mobile companies.

When ordinary people still regard mobile phones as luxury goods, the activity of recharging and giving away mobile phones is naturally very attractive, and it has attracted many business people and the management of enterprises and institutions.

Most enterprises and institutions will not reimburse the cost of purchasing mobile phones, but most of them will reimburse the communication expenses of managers or business people. Business people and the management of enterprises and institutions have always been regarded as high-end user groups in the mobile communication industry.

At the beginning of the year, Zhang Ke promised to supply 1 million sets of baseband chipsets to Lianxin Wang Hi-Tech at a low price for the production of Unicom's customized mobile phones. One million mobile phones is not even enough to cope with the experimental promotion of customized mobile phone business in central cities of China Unicom.

On the one hand, there was an agreement with Zhang Ke on the one hand, and on the other hand, China Unicom also knew that it was in short supply. Even if it was very effective to promote the customized mobile phone business to attract new users, China Unicom also restrained itself from making any other requests.

Now, unlike in the past, Unicom has raised more than US dollars in one fell swoop. It no longer lacks funds to develop new users by using customized mobile phone business. In order to explain to Hong Kong and American shareholders, Unicom needs better user growth data. On the other hand, the previously agreed half-year time is about to expire. Zhang Ke promised China Unicom before the Spring Festival to launch an enhanced second-generation baseband chipset in half a year to provide Lianxin and Kewang Hi-Tech with more stable performance and better functions. Perfect custom mobile.

When Yang Rongping learned that Zhang Ke was coming to Beijing, he asked him to meet again in Beijing so that he could have a preliminary common understanding of the next cooperation plan.

Zhang Ke doesn't want Unicom to be too eager, since there is no longer a lack of funds, the first thing to do is to improve the communication flashover first, eliminate the signal blind area and increase the communication bandwidth, and then it will not be too late to compete with China Mobile.

Zhang Ke knows that some things may not be as expected. China Unicom has been suppressed by China Mobile's predecessor, the Mobile Communications Bureau, for several years. The situation has always been bleak. This matter has a chance to turn around. On the other hand, China Unicom has survived years of oppression by the China Mobile Communications Bureau by relying on slanted swords. Now that it has changed its mind, it has changed its mind and still loves slanted swords. Using preferential policies such as customized mobile phones to engage in a price war with China Mobile is just a side of the slant. The main thing is that China Unicom is determined to add a new C interface that is not compatible with the G communication network. A network is strong to fight against the mobile group. The g-port network Unicom, which will be upgraded from g...flashover, will get 6 billion dollars this time...The financing will be mainly used for the c-port. Network construction and operating costs.

At this time, Zhang Ke is still unable to judge how much positive effect the delay of China Unicom's radical plan will have for half a year, but he knows in his heart that if he does nothing, it will probably be difficult for China Unicom to become a competitive company that threatens China Mobile. Zhang Weide, in the past, Unicom’s long-term profits have fluctuated at a level of about one-tenth of China Mobile. I’m really sorry for the policy support they received after two thousand years, and I’m really sorry for the monopoly mobile communication in their hands. Operating license.

Kumho's second-generation enhanced baseband chipset can be said to have matured in g communication technology and has the conditions for mass production of mobile phones of this level. If China Unicom wants to obtain a cost advantage far ahead of mobile companies in the customized mobile phone business, they must rely on Kumho's technical solutions. It is selfish to say that Unicom's aggressive expansion plan at this time can be just the right time to help Kumho expand its domestic mid-to-low-end mobile phone market share. The advantages outweigh the disadvantages for Kumho.

Zhang Ke made promises to Unicom, Lianxin and Kewang Hi-Tech during the Spring Festival The production of low-end mobile phones with high-frequency chips avoids direct competition with companies such as Lianxin Kewang Hi-Tech in the domestic market.