My Age of Investment

One Thousand Four Hundred and Three, Secretary's Office

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Seoul.

Itaewon.

A middle-aged man who looked exactly like a pony and was about the same age strode into the courtyard of a villa that was as exquisite as an art gallery.

The courtyard was very large, and the man wearing glasses who looked somewhat gentle walked through several courtyards and finally came to the door of a quiet room.

He paused at the door for a while, calming down his breathing that had become somewhat rapid due to the fast walking, and after adjusting his clothes, he finally rang the doorbell.

"Come in!"

After hearing a strong voice coming from the house, the man finally opened the door and walked in.

As soon as he entered the room, the man felt that he was being stared at by a pair of sharp eyes like a hawk, and he quickly lowered his head.

"What took you so long to come back?"

Li Zairong raised his head and saw his father sitting cross-legged on the ground with a calm expression. He whispered back: "I'm going to visit a gentleman at Green Watai. He hopes that father, you can use your influence as an International Olympic Committee member to help The country bids to host the 2018 Winter Olympics.”

Li Jianxi had never been satisfied with his son's mediocre ability, but now that he saw that his son finally had the courage to do something, and knew that his father's worries were shared, he suddenly felt a lot more relieved, and his complexion instantly softened a bit.

Regardless of whether his son can outperform others, the big ship of Samsung will eventually be handed over to the other party.

Although the eldest daughter is more capable, she is a married man after all, and she doesn't quite listen to him.

"You don't have to worry about the Green Watai matter."

Li Zairong looked at his father in astonishment. Last year, his father was prosecuted due to a series of scandals such as tax evasion, malfeasance, and violation of securities investment laws, and had to resign as chairman.

Last month, the Seoul High Court officially announced that Li Jianxi was sentenced to three years in prison and five years of probation.

The reason why I haven't stayed in it yet is entirely because of Samsung's extraordinary status in the country.

However, since last year, Li Jianxi has been completely idle at home, at least on the surface.

As an only son, Li Zairong has been working at Samsung Electronics since 1991 and is familiar with the family industry.

However, he has never reached a high position. As of last year, he was the chief customer officer of Samsung Electronics.

After the scandal broke out last year, Li Zairong quickly resigned from his position as chief customer officer and was sent to work overseas. While avoiding the limelight, he became familiar with overseas industries and operations.

Some time ago, Li Zairong suddenly returned to Bangguo, and the outside world was speculating that he might officially take over.

Including Li Zairong himself thought so.

However, in order to show his filial piety, he still worked hard to clear his father's name.

At this moment, Li Zairong felt very uneasy when he heard his father suddenly telling him not to care about the matter. He didn't know what he had done wrong, which made his father dissatisfied.

For as long as he can remember, his father has always been a serious person. Even at home, when facing his son, he always displayed a majestic image.

Therefore, Li Zairong was still very afraid of his father in his heart.

Li Jianxi didn't know that the childhood shadow he had left on his son was crazily putting pressure on his son. He said calmly: "It's not yet hot yet. Let the strong appeals from the sports and economic circles ferment for a while, and let all the people know The importance of this matter, national honor outweighed all other issues.

Until then, our commander-in-chief can take advantage of the situation. "

Li Zairong suddenly realized that this was his original idea.

Compared with his scheming father, he felt that he was still a little too immature and acted too eagerly.

"I've seen your performance in this matter, it's very good!"

It was rare to receive verbal praise from his father. As soon as the smile appeared on Li Zairong's face, his smile froze in mid-air because of his father's next words.

"But as the heir to Samsung, you should do it better."

"Father, I will learn my lesson."

Li Jianxi looked at his son, who had become much calmer after more than ten years of experience, and felt both relieved and regretful.

I am gratified that based on the ability my son has shown, he can at least be a conservative king. Unfortunately, in the fiercely competitive shopping mall and even the turbulent political arena, it is impossible to control the big ship of Samsung without a little skill.

In Bangguo, if you want to do big business, you cannot avoid dealing with Green Watai. At the same time, you have to deal with increasingly complex international market challenges.

The small local market alone cannot support a behemoth like Samsung.

Li Jianxi felt that his son was still a little behind, at least he did not meet the requirements in his mind. Now that I have completely handed over the reins to my son, I am afraid it will be difficult to ensure that Samsung will successfully complete the dream of a century-old store in his hands.

Thinking of this, Li Jianxi decided to give his son another test, so he picked up the documents placed on the desk aside.

"This is business intelligence on the LCD panel market in mainland China collected by the secretary's office. Take a look."

Li Zairong quickly stepped forward to take the document, holding it in his hand and examining it carefully.

Li Jianxi secretly looked at his frowning son without saying a word. This was a test question he gave his son, and he very much hoped that his son would hand over an answer sheet that satisfied him.

After about half an hour of browsing, Li Zairong finally finished reading the pile of documents with detailed data. As soon as he raised his head, he met his father's inquiring gaze.

"How do you feel after reading it?"

Li Zairong said calmly: "Investing 20,759.6 billion yuan to build four high-generation panel production lines shows that they are no longer willing to accept our joint efforts with Japan and Yizhou to control the price of LCD panels."

"Well, what else?"

Li Zairong thought for a while and then said: "Vision Capital invested about 1 trillion yuan in BOE two years ago, and this time it invested more than 6 trillion yuan, which shows that they are determined to bet on the LCD panel industry. .”

"What do you think of Xia Jingxing?"

Li Zairong replied: "The young richest man in Asia is very good at investing, especially the secondary market."

"So do you think he has a good chance of winning when he bets on the LCD panel industry?"

Li Zairong hesitated for a while and replied: "Yizhou Enterprises don't know, but Samsung will not lose to them."

Li Jianxi continued to ask: "How should we respond?"

"They are planning to build three 8.5-generation lines at one time, targeting the LCD panel market for TVs. They have been importing related panels, and now their intention is to complete domestic substitution.

Our labor costs are higher than theirs, and there is also a layer of tariff costs.

If you want to maintain the competitiveness of your products, you should continue the strategy of other industries and open factories there. "

After hearing his son's answer, Li Jianxi finally showed a smile on his face and asked, "Is there more?"

Li Zairong thought for a while and then slowly replied: "They have also laid out an amoled production line. This technology is very important to Samsung. We need to be more careful."

"Well, how do you think we should handle the relationship with Xia Jingxing, Vision Capital, and Fuxing Industries?"

"Xia Jingxing is very ambitious. Currently, he has led Fuxing Industrial to enter many business fields that compete with Samsung, such as home appliances, semiconductors, and mobile phones.

Vision Capital is the platform for him to complete capital operations, and it is also a big helper for Fuxing Industrial in the industrial investment and M\u0026A market. It should also be the pipeline for Fuxing Industrial. Behind Fuxing Industrial's multiple financings, Vision Capital is present.

Envision Capital's involvement in the panel industry can actually be regarded as Fuxing Industrial's layout in the panel industry.

Xia Jingxing's development strategy is very similar to our Samsung. Over time, he will definitely become our formidable enemy. "

Li Jianxi said with a smile: "Now Fuxing Industry is one of our largest partners, purchasing tens of millions of chips from us every year.

With the sales of Fuxing mobile phones, this number may continue to increase in the future. "

Li Zairong said: “We are now cooperating and competing with Fuxing Industrial, but they are too aggressive, just like Samsung ten or twenty years ago.

I think we should stop selling our SOC chips to Fuxing Mobile as soon as possible.

Their chip industry has just started and they have not been able to complete the supply of Fuxing mobile phones.

Samsung is about to release its own Android smartphone, and its goal is to knock Fuxing Mobile from the number one position in the industry and replace it with us.

Therefore, we can no longer engage in any acts of aiding the enemy.

At the same time, the failure of Fuxing Mobile will also have a series of chain reactions, such as interrupting Fuxing Industries' upward momentum and causing their industrial chain layout plans to fail or be delayed. This will create opportunities for Samsung Electronics to comprehensively defeat Fuxing Industries. . "

"But do you think this can completely defeat Fuxing Industry? The answer is wrong.

Even if there is no supply from Samsung, they are not completely without a way out. They have their own chip design team, and they can also ask TI and Intel to help complete chip foundry. "

Li Zairong suddenly frowned and said: "They have now entered the LCD panel industry in a big way and are facing us in a new field. They are about to become our biggest competitor.

If we don't curb it, we will use our chips to help them sell more mobile phones. In the short term, we can indeed make some money, but in the long term, we will create a formidable enemy for ourselves.

Strategically speaking, we should not be in such a passive position. We should nip the current industrial revitalization industries in the cradle before they are fully formed and start to play their role. "

Li Jianxi smiled lightly, "You are right, Samsung currently occupies the leading market share in multiple market segments such as mobile phones, LCD panels, TVs, and semiconductors.

If the Renaissance industry wants to develop, it will eventually swing its sword at us, just like ten or twenty years ago, we brazenly launched an industrial war against Sharp and Toshiba.

The operating rules of this world are very cruel, and the emphasis is on the law of the jungle. Whether it is natural resources or technology industries, they all need to be fought for and snatched with swords and guns.

But your plan is not perfect. Take a look at this plan drawn up by the secretary's office. "

After that, Li Jianxi picked up another document on the desk, handed it to Li Zairong, and told him, "Please go to China on my behalf and visit Xia Jingxing."

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