Resource Tycoon Reborn

Chapter five hundred and forty second handshake

Chapter 542

shake hands

Fang Mingyuan finally came to a conclusion!

Regarding Samsung Group, what Fang Mingyuan values ​​most is actually the technologies it will acquire in the next few years!

Take Samsung Electronics, the flagship company of the Samsung Group, as an example. Fang Mingyuan remembers that in its previous life, it had more than 10,000 researchers, and its investment in R&D reached nearly two billion US dollars every year, including flash memory and non-storage chips.

Custom semiconductor,d

as well as

The research and development of the entire semiconductor product line has made historic progress! In 2005 alone, Samsung Electronics obtained more than 1,500 patents in the United States, ranking among all companies in the world.

Eighth. It has been selected as one of the "top ten" major patent companies in the United States for many years. The company has also won many awards in the American Industrial Design Association's annual industrial design awards for many years, and has become the company with the most awards for several consecutive years. These are all

It proves that Samsung's R&D and design capabilities have reached world-class levels.

It is these developed technologies and designed products that have gradually pushed Samsung Group to a leadership position in communications, IT and other fields, able to compete with top companies in European and American countries such as Nokia and Intel!

Fang Mingyuan always believes that whether a country's economic strength is strong or not depends on its industrial level! It is definitely not how far the real estate industry has developed! Even if it has the largest real estate company in the world, it has no real substantive significance.

!

Fang Mingyuan has heard of the Renaissance, the Industrial Revolution, and the Internet era, but he has never heard of the real estate era! It has been proven countless times in history that the emergence of an invention may affect the development of an era.

The international status of various countries! Steam engines, electric energy, and nuclear energy are all like this, but I have never heard that a country can develop into a world power by relying on real estate!

The reason why Fang Mingyuan likes Samsung Group is, on the one hand, because of its considerable growth in the next few years, and on the other hand, because of the emerging science and technologies it has in its hands and will master in the future! If it can be said that it can

These technologies are all in his arms. For the Fang family, this is the most valuable wealth. It can bring the R&D institution under the Fang family's name to a new high point!

The reason why Samsung Motors was specifically mentioned was because Fang Mingyuan knew that this Samsung Group subsidiary established in 1995 was a veritable bottomless pit!

It is said that Li Jianxi is a person who particularly likes cars. When he was young, he even liked to drive at high speed on the highway for a period of time to experience the performance of the car! It is said that his obsession with cars reached the point where he was proficient in car assembly.

The point!

In the early 1990s, Li Jianxi proposed that in order to better combine the electronic industry and machinery industry under the name of Samsung Group, he decided to form Samsung Motors. At that time, there were already three modern automobile manufacturers in South Korea: Kia, Daewoo and Hyundai.

Enterprises, the domestic market is completely saturated! But even so, Li Jianxi still insists on launching Samsung Motors! He claims that he will never back down even if there is no benefit in the next five or six years!

Due to Li Jianxi's uncompromising position in the Samsung Group, although many people were opposed to this proposal, Samsung Motors finally launched in Busan. Its factory covers an area of ​​more than 1.6 million square meters.

meters, the investment in this alone is nearly one billion US dollars! It is several times higher than the factory investment of Hyundai Group and Kia Group!

Moreover, Samsung Motors' production facilities and ancillary facilities all used the highest-grade materials at the time. By the time the factory equipment was installed, the investment amounted to US$2.5 billion! The investment in these two items alone reached US$3.5 billion.

So many US dollars! This was too expensive in the international automobile industry at that time!

Samsung Motors introduced production technology from Japan's Nissan Motor, and because the technology transfer contract signed by both parties gave Nissan a high proportion of technology royalties, Samsung Motors had to pay Nissan for every car it produced.

The company pays considerable technology royalties, which undoubtedly increases the production costs of Samsung Motors!

Such a huge capital investment has made Samsung Motors' production costs remain high after it was put into production! And Samsung Motors does not produce high-profit luxury cars. The domestic automobile market in South Korea is becoming saturated, and exports have to face the challenges of South Korea's three major automobiles.

Competition among enterprises has resulted in the sales price of Samsung cars being far lower than its production costs! It can be said that the more it produces, the more serious its losses will be!

Fang Mingyuan didn't know that if there had been no Asian financial crisis, Samsung Motors would have created another miracle in the hands of Li Jianxi and stood out in such a difficult situation! But a sudden financial crisis made

The Samsung Group itself fell into a precarious situation, and the Samsung Group, which was unable to protect itself, was naturally unable to make new investments in Samsung Motors. In the end, Samsung Motors was merged by Renault Automobile Company!

Samsung Group's trial in the automobile industry can be said to be a complete failure! Not only did it not bring the expected profits, but it also suffered heavy losses! It became the most disastrous investment failure in the history of Li Jianxi's leadership of Samsung Group!

Fang Mingyuan will naturally not pay for Li Jianxi's investment mistakes! And even if the Fang family intends to enter the automobile industry, South Korea's Kia Group and Daewoo Group will also be on the verge of bankruptcy in the near future. The acquisition of these two technologies and sales channels have been relatively

A mature and complete enterprise is more reassuring than continuing to invest in Samsung Motors, a new company with an unknown future!

Li Jianxi was startled for a moment, and then his face turned a little gloomy! After realizing Fang Mingyuan's business genius, Fang Mingyuan's pessimistic view on the future of Samsung Motors became more convincing to Li Jianxi!

"Mr. Fang, I don't think Samsung Motors is as bad as you said. It was just unfortunate that South Korea fell into the Asian financial crisis not long after it started production! That's why it ended up in this situation. I

I believe that as long as it is given enough time, it will be reborn!" Li Jianxi said in a hoarse voice.

Fang Mingyuan shook his head slightly and said: "President Li, the problem is that it doesn't have enough time! I don't have enough confidence to continue investing in it! Its production cost is really too high, so high that it won't last for a long time."

Here, I see no possibility of profit! Unless the salary level of workers in your country can be reduced to the salary level of Chinese workers!" Although he did not agree with Li Jianxi's statement, there was no need to compete with Li Jianxi!

Li Jianxi is full of bitterness and wants the salary level of Korean workers to drop to the salary level of Chinese workers. This is of course impossible! If the salary level of Chinese workers were placed in South Korea, let alone a good life, it would not even be able to provide basic survival.

Can't do it!

"So..." Li Jianxi said after being silent for a long time, "Can we move the production line to China and re-establish a joint venture in China?" Samsung Motors' factory has no choice. It is impossible to move the entire factory to China, but it can

The production lines can be moved to China. In this case, Samsung Group only needs to send some engineering personnel and management personnel to start a new business in China! With China's low labor force, production costs can be reduced a lot! And the remaining factory areas can

Use it for other purposes!

Fang Mingyuan knew as soon as he heard it. This person, Gan Qing, really had a soft spot for the automobile industry as the rumors said!

Fang Mingyuan pondered for a moment and said: "Chairman Li's proposal... is not impossible. However, according to our country's current laws, the automobile industry and private enterprises are not allowed to enter! Even if Samsung Motors wants to move to China, it must be with China.

A joint venture between state-owned automobile companies. Our Fang family currently does not have that qualification! As for the automobile industry, we don’t know when it will be possible to liberalize private capital! If Chairman Li has this plan, I can help you.

Find out which domestic automobile company has such intention!"

Li Jianxi sighed softly. He also understood that it was not easy to move Samsung Motors' production lines to China! Not only must it be approved by the South Korean government, but it must also be approved by the Chinese government. And such a large project...

...At the government level, it is impossible to make an immediate decision. Fang Mingyuan has made it clear that he is not optimistic about the future of Samsung Motors and moved to China. Due to policy reasons, the Fang family cannot become a shareholder. In this way,

, in fact, they still stick to their original point of view, that is, before the Fang family takes a stake in the Samsung Group, they must separate Samsung Motors from the group!

Samsung Motors has been in a loss-making situation since it was put into production. If it were to be separated from the Samsung Group and there would be no support from the group, life would undoubtedly be even more difficult!

But he also understands that among the many subsidiaries of the Samsung Group, only a handful are currently profitable, and Fang Mingyuan only proposed to divest one subsidiary, Samsung Motors, which is already a great deal of face!

If he insists on keeping Samsung Group in the group, he will either have to make substantial concessions to the Fang family in terms of equity, or he may face a breakdown in negotiations between the two parties!

If it had not been for today's meeting, Li Jianxi might have been cruel and refused the Fang family's investment! But after hearing about Fang Mingyuan's unexpected preferential terms, and seeing the Fang family's strong financial resources, Li Jianxi

Xi really can’t say anything about the breakdown of negotiations!

Is it necessary to think about whether we want Samsung Group or Samsung Motors?

As for the technology transfer issue mentioned by Fang Mingyuan, Li Jianxi is very open-minded. As long as the Samsung Group exists, these technologies are meaningful to the Li family. If the Samsung Group goes bankrupt, these technologies will inevitably fall into the hands of the Li family.

In the hands of the new owner. Whose hands will it fall into? It’s better to transfer it to the Fang family and get more benefits!

Thinking of this, Li Jianxi stretched out his hand and said sincerely: "Well, Mr. Fang, I hope that our Li family and your family can cooperate happily in the future!"

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