Chapter 760 Goryeo Chaebol

"Lettuce has become a golden vegetable. It seems that it must be limited in supply. Alas."

Coincidentally, the people of Goryeo not only began to enjoy high-priced vegetables, but even the prices of vital products such as kimchi and instant noodles began to rise.

A statistical data released by the Goryeo National Statistics Portal on July 17 showed that.

So far this year, the price of beef has risen by 9.4%, the price of pork ribs has risen by 8.5%, and the price of cold noodles has risen by 8.4%; fried chicken has risen by 9.8%, spicy stir-fried rice cakes have risen by 8.2%, and instant noodles have risen by 9.5%.

In addition, the price of the company's employee canteen has risen by 4.6%, and the price of boxed lunches has risen by 7.5%.

Goryeo housewives also frequently complain on social platforms: "The price has risen like crazy. I have to eat kimchi six days a week at home! I miss the taste of the army hot pot!"

However, the good people around the world were surprised to find that the quality of the heroines of Goryeo and Japanese movies has greatly improved recently.

Professional media such as "Goryeo Economy" pointed out that the recent surge in prices in Goryeo is related to the rise in international raw material prices and the decline in vegetable and fruit production due to extreme high temperatures, continuous rainfall, pests and diseases in the country.

The analysis is very reasonable, but it never mentions the pain of domestic pillar industries and chaebols.

There is also the fact that all people in Goryeo hold shares and Japan's full-name bond purchases are like a hidden mine that will explode at any time.

The top ten chaebols in Goryeo control almost 70% of Goryeo's GDP.

And the leader among them, Hanxing Electronics, has begun to lay off employees dynamically at this time.

The mobile phone project has laid off almost 35% of its employees, and the semiconductor department has also laid off 25% of its employees in just half a month.

Of course, it is not obvious that layoffs are paid subsidies, but the project work is reduced, only the most basic salary is paid, and the core business is still maintained as usual.

The boss is in this situation, and Hyundai Motor Company, as the second largest chaebol, is not left behind.

Hyundai Motor Company's main business is to carry out vehicle production and parts production business.

According to statistics, the GDP generated by Hyundai Motor each year can account for 11% of Goryeo's total.

Today, Hyundai Motor's technology has been surpassed by BYD, Wuling and other large enterprises, and it has lost a lot of international market share and has begun to lay off employees and streamline departments.

SK, LG and Lotte, these three major enterprises account for 10.7%, 6.4% and 5.7% of Goryeo's GDP respectively.

But they can't escape the fate of sharply reduced market share and departmental layoffs.

According to unofficial and incomplete statistics, the unemployment rate of Goryeo people increased by 35% in the first two weeks of July.

Even chaebol groups such as Posco, GS Group, Agricultural Cooperatives and Hyundai Heavy Industries are starting to hoard gold, shrink their businesses and streamline their departments.

"Everyone, here, I want to sincerely announce to everyone that Jiuzhou Technology has suspended its cooperation with our Hanxing Electronics. If we cannot deliver a satisfactory answer to Jiuzhou Technology, then Hanxing Electronics' semiconductor industry and display panels will return to the level of three years ago. Even because we have used too much Jiuzhou Technology technology and equipment in recent years, we will not be able to resume production in the short term."

Li Zairong bowed to the heads of the Goryeo chaebols and then closed his eyes.

As expected, after the announcement, the meeting room immediately became noisy.

In addition to the custom of intermarriage within the Goryeo chaebol, many businesses are also related, and Hanxing Electronics' chips, display panels and other electronic products are basically one of the core industries of everyone.

And now what Li Zairong said, translated into: "We Hanxing Electronics will either collapse this time and take everyone with us. Or be prepared to pay the price to satisfy Jiuzhou Technology, and then everyone can continue to do business and produce."

As for overthrowing Jiuzhou Technology?

No one present was so arrogant.

In addition, everyone was also very curious in their anger, what exactly did Hanxing Electronics do to cause such great hostility from Jiuzhou Technology.

Facing everyone's doubts, Li Zairong bowed again.

Then he said with embarrassment: "They need to know the specific technology and equipment parameters of Daxia's silicon-based semiconductor industry, so we...

Last year, we used the excuse of bumps during transportation to cause some problems with the lithography machine sent by Pudong Microelectronics, and took the opportunity to do some tricks, but it was obvious that Jiuzhou Technology noticed it."

Li Zairong knew all the little tricks he had done.

The faces of the other people in the meeting room were getting uglier and uglier. If it weren't for the good emotional control and tight security, I'm afraid someone would have wanted to stage a fight.

"Shit! You really do what they tell you to do?! You are Hanxing Electronics, the pride of our Goryeo! How can you be so weak!"

"When we integrated the industry, you took the resources and inherited the semiconductors of Neon, but now you can only beg for the technology of Daxia Enterprise?!"

"Let Wall Street pay! We won't pay a penny of this money!"

"In order to survive the upcoming crisis, we have already cut several projects in Hyundai, and this loss is largely due to you Hanxing Electronics!"

"Shame! It's a shame!"

The word "incompetent rage" is very suitable for the current situation.

I don't have the ability to scold Uncle Sam and Wall Street to their faces, but I can still do things like pointing at Hanxing, which is already in decline and heavily in debt, and blaming others.

But after the fury, everyone gasped and had to sit down to think of a solution.

"Regarding the money issue, we can ask the Blue House to issue more special government bonds and corporate subsidies, which can not only ease our financial pressure, but also create a larger living space."

"AS-ML's new lithography machine and TSMC's 3-nanometer process are said to be able to match the chip performance of the Titan processor if the yield rate and cost are not taken into account. TSMC can do it, but can't you Hanxing Electronics?"

"I think the most important thing is to maintain a good cooperative relationship with Jiuzhou Technology and get carbon-based chip technology as soon as possible. If we can get carbon-based chips, the intelligent control system of the whole vehicle can be greatly improved. I heard that Tesla is now seeking Jiuzhou Technology to sell carbon-based chips to solve the freezes and system bugs of Tesla electric cars."

Under the collective efforts of all, everyone can only use old tricks as a wall-hanger.

Economy and technology are two hard-hitting industries. The former is backed by the military, and the latter is based on national strength, and Goryeo obviously has neither.

As the atmosphere of the meeting became increasingly tense, the head of Hyundai Group suddenly roared.

"How dare they do that!?"

PS: Good morning, everyone.