Chapter 1397 Secretary Room

  Seoul.

  Itaewon.

  A middle-aged man who looks like a pony and is of the same age strode into the courtyard of the villa as exquisite as an art gallery.

  The yard is very big, and the man with glasses who looks a little polite passed through several courtyards and finally came to the door of a quiet room.

   He stopped at the door for a while, calmed down the shortness of breath that had become due to the fast walking, and after finishing his clothes, he finally rang the doorbell.

"Come in!"

   Hearing a somber voice coming from the room, the man pushed 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 eagle-like eyes, and lowered his head subconsciously.

   "Why did it take so long to come back?"

Li Zairong raised his head and saw his father, who was sitting cross-legged on the ground, with a calm expression on his face, and whispered back: "Go to visit a gentleman from the Green House, he hopes that father, you can exert your influence as a member of the International Olympic Committee and help The country's bid to host the 2018 Winter Olympics."

   In the past, Li Jianxi was always dissatisfied with the mediocrity of his son's ability. Now that he saw that his son finally dared to serve, and knew that he had shared the worries for his father, he felt a lot relieved and his face softened a little.

   No matter whether the son can be better than the blue, the big ship of Samsung will ultimately be handed over to the other party.

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

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

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

   Last month, the Seoul High Court formally sentenced Li Jianxi to three years in prison, suspended for five years.

   The reason why I haven’t stayed in yet is entirely because Samsung’s extraordinary position in Bangguo is exerting influence.

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

  Li Zairong, as the eldest and only son in the family, has been working in Samsung Electronics since 1991, and gradually became familiar with the family business.

   However, he has never been in a high position. As of last year, the highest was the CCO of Samsung Electronics' chief customer officer.

   After the scandal of Li Jianxi broke out last year, Li Zairong quickly resigned as the chief customer officer and was dispatched to work overseas. While avoiding the limelight, he began to familiarize himself with overseas industries and operations.

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

   Including Lee Jae-yong himself thought the same.

   During the period after returning to Bangguo, in order to show his filial piety, Li Zairong has been earnestly running up and down to clear his father's crime.

   Hearing that his father suddenly told him to leave this matter alone, Li Zairong felt very uneasy. He didn't know what he did wrong, which made his father dissatisfied.

  As far back as he can remember, his father was a stern person. Even at home, facing his son, he always displayed a majestic image, far from being as close as the father and son of ordinary people.

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

  Li Jianxi doesn't know that the childhood shadow he left on his son has not dissipated, and he usually doesn't care much about this kind of thing.

   He said lightly: "It's not too hot yet, let the strong appeals from the sports and economic circles ferment for a while, and make sure all the people know the importance of this matter.

   When national honor overwhelms all other issues, our grand commander can follow the flow and issue a pardon order. "

  Li Zairong suddenly realized that his father had this idea.

  Compared to his wily father, he felt that he was still a little too immature, and he was too eager.

   "I can see your performance in this matter, it's very good!"

   It was rare to receive verbal praise from his father. The smile on Li Zairong's face just appeared, but the smile froze in midair because of his father's next sentence.

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

   "Father, I will learn my lesson."

  Li Jianxi looked at his son, who had calmed down a lot after more than ten years of experience, and felt both relief and regret in his heart.

   I'm glad that based on the ability shown by my son, I can at least be a succesful king. Unfortunately, in the highly competitive market and even in the turbulent political arena, I can't master the big ship of Samsung without a little bit of skill.

   In Bangguo, if you want to do big business, you can't avoid dealing with the Green House, and at the same time, you have to deal with the increasingly complex challenges of the international market.

  Only a small local market cannot support a behemoth like Samsung.

   Li Jianxi felt that his son was still a little short, at least not meeting the heir requirements in his mind. At present, I have completely handed over the shift to my son. I am afraid it is difficult to guarantee that Samsung will successfully complete the dream of a century-old store in the hands of the other party.

  Thinking of this, Li Jianxi was determined to test his son again, so he picked up the documents on the desk beside him.

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

  Li Zairong hurriedly stepped forward to take the document, took it in his hand and examined it carefully.

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

   After about half an hour, Li Zairong finally read this document with detailed data, and as soon as he looked up, he met his father's inquiring gaze.

   "How do you feel after watching it?"

  Li Zairong said indifferently: "Investing 207,759.6 billion bucks to build four high-generation panel production lines shows that there is no longer willing to accept that we will join hands with Japan and Yizhou to manipulate the price of LCD panels."

   "Well, what else?"

Li Zairong thought about it and added: "Envision Capital invested about 1 trillion yuan in BOE two years ago, and this time, they invested more than 6 trillion yuan, which shows that they are determined to bet on the LCD panel industry. already."

   "What do you think of Xia Jingxing?"

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

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

  Li Zairong hesitated for a while before replying: "Yizhou companies don't know, in short, Samsung will not lose to them."

   Li Jianxi continued to ask: "If we want to not lose to them, what do we need to do?"

   "They are going to build 3 8.5-generation lines at one time, and they should aim at the LCD panel market for TVs, where they have been importing related LCD panels, and now the idea is to completely complete localized replacement.

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

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

   Hearing his son's answer, Li Jianxi finally showed a smile on his face and asked, "Anything else?"

  Li Zairong lowered his head and thought for a while, then slowly replied: "In addition, they have also laid out an AMOLED production line. This technology is very important to Samsung, and we need to be more careful."

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

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

Envision Capital is the platform for him to complete capital operations, and it is also a big help for Fuxing Industry in the industrial investment and industrial mergers and acquisitions market. At the same time, it should also be hidden behind Fuxing Industry. .

   Now that Envision Capital is involved in the panel industry, it can actually be regarded as the renaissance industry in the panel industry.

  The industrial development strategy formulated by Xia Jingxing is very similar to that of our Samsung. Over time, it will definitely become a big problem for our confidants. "

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

   This number is likely to continue to increase in the future as the revival phone sells well. "

  Li Zairong said in a calm tone: "We have both cooperation and competition with Fuxing Industry now, but they are too aggressive, just as dazzling as Samsung ten or twenty years ago.

   I think we should stop selling our SoC chips to Fuxing phones 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 the goal is to pull the revival phone from the industry's #1 position and replace it with us.

   Therefore, we can no longer have any capitalist behavior.

At the same time, the failure of Fuxing Mobile will also bring about a series of chain reactions, such as interrupting the upward momentum of Fuxing Industry, making their industrial chain layout plan fail or delaying, which will comprehensively curb the rise of Fuxing Industry for Samsung Electronics Create opportunities. "

   "But do you think this will completely curb the development of the revival industry? The answer is wrong.

   Even if there is no supply from Samsung, they are not completely out of retreat. They have their own chip design team, and they can also find Texas Instruments and Intel to help complete chip foundry. "

  Li Zairong frowned and said, "They have already entered the LCD panel industry in a big way, and they are facing us in a new field, and they are about to develop into our biggest competitor.

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

   Strategically speaking, we should not be in such a passive position. We should kill the revitalized industries in the cradle before they have fully formed and begun to function. "

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

If   Renaissance Industry wants to develop, it will eventually swing a knife at us, just as we brazenly launched an industrial war against Sharp and Toshiba ten or twenty years ago.

  The operating rules of this world are very cruel. They pay attention to the law of the weak, whether it is natural resources or the technology industry.

   However, your plan is not perfect and needs to be polished. Let’s take a look at this plan made by the secretary office. "

   After that, Li Jianxi picked up another document placed on the desk and handed it to Li Zairong, and instructed: "You can go to China for me in two days, and visit Xia Jingxing on the way."

   (end of this chapter)