Chapter 1399 First kill Yizhou, and then destroy the stick (Xichen League Lord 15)

   "Hey, Mr. Xia, how did you know that Innolux's acquisition of Chi Mei Electronics is coming to an end, and I, a front-line person in the industry, have never heard of it."

   After chatting for a while, Huang Dongsheng suddenly turned his attention to intelligence acquisition.

   "Haha, this is easy, you just need to install a commercial spy.

  In a war, you need to know yourself and the enemy to be victorious. "

  Xia Jingxing's eyes swept across Liu Hai's face inadvertently.

   This time, Liu Hai returned to the mainland from the United States. It was not only as simple as leading Daxia Capital and Envision Capital to establish the Frostfall No. 2 PE Fund, but he also shouldered a secret mission - to establish Daxia Capital's business intelligence department.

Xia Jingxing said in a joking tone: "I heard that Samsung's secretary office is very mysterious, it is a department above Samsung's board of directors, and even chairman Li Jianxi's seal is also kept by the secretary office. It is equivalent to an order issued by Li Jianxi himself."

  Huang Dongsheng nodded with a smile, "I have heard that this department was founded by the first-generation head Li Bingji, the military aircraft department and east factory of the Samsung Empire."

   At this moment, Liu Hai suddenly interjected: "More precisely, it is a management model that Li Bingji learned from the Japanese.

  In Japan after the war, the former chief staff officer of the Kwantung Army Command and the army and navy staff officer of the base camp, Ryuzo Sejima, became the chairman of Itochu Commerce and began to implant the staff organization into this enterprise, responsible for collecting business intelligence, personnel arrangements and so on.

   Gradually, this kind of corporate advisory organization has become a trend in Japan, and Japanese chaebols such as Mitsubishi, Mitsui and Sumitomo have such organizations.

   Lee Byung-gil, who was deeply influenced by Japan, also learned from the Japanese chaebol that established Samsung's secretary office in 1959.

  Samsung employees are all over the world, and these employees are tasked with gathering intelligence at various private gatherings and business meetings.

They gathered the information they obtained through the intranet SINGLE to the secretarial office. After analyzing and processing the information, the seven-member investigation team in the secretarial office would send the information to the subsidiaries of the group, or report to the head of the secretarial office, or directly to Li Jianxi. report.

   How powerful is this business intelligence network?

  In the 1990s, when the Gulf War broke out, Lao Jin died next door, and the information on the Toshiba incident was obtained by the Samsung Secretary Office for the first time, and its capabilities even surpassed that of Bangguo’s intelligence department. "

   After listening, Huang Dongsheng was stunned and muttered: "It's really a Samsung Empire, it is indeed a big company that accounts for a quarter of a country's GDP."

  Liu Hai nodded, "It is precisely because of its extraordinary position in Bangguo and its large number of industries that it is necessary to set up a secretarial office, a "built-in family office" to assist the president in managing the business."

   "Built-in family office?" Huang Dongsheng asked.

"Yes, unlike the family offices of wealthy people like Gates and Dell, Samsung's secretarial office does not separate the founder's business from the family wealth, but puts it in the Samsung system, so the industry calls it a built-in family office. .

At the most   , there were as many as a dozen functional groups under the Samsung Secretary Office, each of which was responsible for different tasks.

  Collecting and analyzing business intelligence is only one function of the secretariat, and it also has life-and-death power over many aspects of the Samsung Group.

  The overall decision-making and strategy of the enterprise, needless to say.

   In addition, the secretarial office also holds the right to allocate financial resources, appoint and remove minister-level personnel of subsidiaries, etc.

   For example, projects exceeding 100 billion won must be approved by the secretarial office, while the investment amount under the control of the general manager of Samsung subsidiary is only less than 10 billion won.

   In addition to being the brain and center of the Samsung Empire, the secretarial office is also like an ordinary family office. It needs to be responsible for the inheritance of the wealth of the Li family, the management of financial capital, the basic necessities of life, and security for the entire family.

  For example, the secretary group under the secretary room should provide the president with basic travel configuration, such as mobilizing concierge and guards at any time.

The    communication team also needs to be on call at all times, providing satellite surveillance video images 24 hours a day so that Li Jianxi can keep abreast of the situation in various places. In addition, there is a security team of more than 3 people who will stay with Li Jianxi at all times. "

   "I'll be darling, Li Jianxi really takes himself as an emperor!"

   Huang Dongsheng felt that his eyes were opened, and the royal family's travel and security in Europe were no more than the same.

Liu Hai smiled and said, "Not only that, when Samsung Semiconductor built a factory in 1983, this internationally unknown company could not gain the trust of investors. Capital, which strongly supports the development of Samsung Semiconductor.

During the Asian financial crisis, Samsung faced a hostile takeover by overseas hedge funds. At that time, the head of the finance team of the secretariat’s office, Jin Inju, staged a solo ride on the savior and ran to lobby various large financial institutions in Europe. The giants negotiated investment and successfully let Wall Street relax, thus allowing the Li family to retain the right to operate the business as a minority shareholder, and also began to work for Wall Street.

   But in such a dangerous situation, it is good to be able to do this step.

  The Asian financial crisis also caused a huge debt crisis for Samsung. It was also the secretarial office that stepped forward and withstood the huge pressure and criticism. It has laid off up to 50,000 employees and reduced the original 59 subsidiaries to 45.

  Samsung, after scraping the bone for healing, rose rapidly after 2000, sweeping all Japanese companies such as Sony to the altar.

   By 2004, the net profit of Samsung Electronics alone exceeded that of the top ten electronics companies in Japan combined.

In addition, the secretarial office also has a legal and lobbying group, which is responsible for gaining policy advantages for the family and the enterprise. When this group was spun out to become an independent legal office two years ago, it already had more than 110 lawyers and 13 former prosecutors. official.

   It can be said that the secretary's office plays an extremely important role in how to make the Samsung Empire last forever, and it is also the sharpest knife in Li Jianxi's hands. "

   Xia Jingxing replied: "The Samsung Secretary Office was born out of the Japanese chaebol staff organization, but in terms of centralization, it has done better than the Japanese chaebol.

  Japan's consortium is more of a combination of interests and alliances among multiple families, and Samsung has done better than them in terms of internal refined management. "

  Huang Dongsheng sighed: "I finally understand why Samsung can command hundreds of thousands of employees like an arm and a finger, and it has also defeated Japanese companies to become the world's first in many fields.

   It’s not just that Japan has fallen, the country is full, and it needs its own strength to strike the iron. Samsung itself has a very strong management mechanism, and it also has the leadership of the strong man Li Jianxi.

  Samsung is a very formidable opponent! "

  Xia Jingxing smiled. If nothing else, Samsung will be the biggest stumbling block for the revival of the industry in the fields of consumer electronics, semiconductors, and home appliances.

   Fuxing Industry wants to take over these industries, just as Li Jianxi took it from the Japanese back then, it must be more ruthless than Li Jianxi!

  Samsung SDI lost eight consecutive years from 1990 to 1998 to defeat Sharp to become the overlord of LCD panels.

  Seven years later, with its advantages in LCD technology, Samsung overthrew its former idol Sony and became the world's largest TV manufacturer.

   And Samsung Semiconductor began to build the first memory chip manufacturing plant in 1983, and it took ten years to beat Toshiba, Hitachi, NEC, and Mitsubishi to become the world's number one.

After   , it took another ten years to become the world's number one flash memory chip.

  Samsung founder and founder Li Bingji did not see Samsung Semiconductor making a profit until the day he died, and left this world with endless regrets, because Samsung Semiconductor lost money throughout the 1980s.

   If Li Bingji and Li Jianxi first invested in US semiconductor companies in 1974 and became interested in this industry, it took Samsung Semiconductor to complete its initial rise for a total of 30 years!

In the middle of the day, I caught up with the Japanese who had a good life and signed a package of plaza agreements. The semiconductor agreement clearly stipulated that Japan's memory chips must take the initiative to increase the price by 30%. The share in Japan increased to 20%.

  The right place is the right place. As one of the monster houses in East Asia, Bald Eagle acquiesced to the stick country to seize the chip market share of another Dog because of its loyalty as a Dog.

   Of course, after all, it is still inseparable from people and people.

  Li's father and son invested in the Hancock Semiconductor Company in the United States, which was on the verge of bankruptcy at the time, as early as 1974. At the same time, they hired a large number of Japanese semiconductor engineers to spend weekends in Bangguo to do private work and teach technology.

   In the 1980s, Samsung Electronics hired a large number of Chinese people who had worked in American semiconductor companies, and the salary offered to these people was 4-5 times higher than that of the president.

   The emphasis on technical talents and the thirst for advanced semiconductor technology can be seen, and many Chinese companies cannot do this.

In addition, Samsung has established a research center in the United States, allowing local engineers from Bangguo to take turns to receive training in the United States and then return to Bangguo headquarters. Driven by national honor, they shouted the slogan of catching up with Japan, and worked day and night to catch up with Japanese companies. footsteps.

   It is precisely because of the above reasons, coupled with the firmness of the Lee and his sons in the face of huge losses, and the strong blood transfusion capabilities of Samsung’s other businesses, that Samsung Semiconductor finally developed.

With the two strong businesses of semiconductor and LCD panel as the starting point, Samsung has started the vertical integration of the industrial chain, vigorously developed downstream products with high growth and high value-added, such as mobile phones, monitors, notebooks, etc., and vigorously developed The common core technology of upstream products, and achieve the purpose of reducing costs in an all-round way.

   This whole industry chain layout from chip research and development to end products is also imitated by Fuxing Industry and Chrysanthemum Factory.

   Facts have also proved that Samsung's strategy is effective.

   Relying on the leading advantages of semiconductors and panels, the Samsung smartphone in the previous life immediately went crazy once it was launched. Since 2010, it has competed with Wisdom Fruit without falling behind.

   In addition, since 2005, Samsung has also extended the semiconductor industry's tentacles to the field of foundry, providing production capacity for Qualcomm, Wisdom, AMD, and Nvidia.

   In just over ten years, Samsung is almost catching up with Wandian in the field of foundry.

  If the entire semiconductor business such as design and foundry is combined, Samsung Semiconductor completely ended Intel's dominance for more than 20 years in 2017 and became the world's largest semiconductor company.

   Although the gross profit of Samsung mobile phones cannot keep up with Wisdom Fruit, it is the largest mobile phone manufacturer in the world by shipments.

  In addition to semiconductors and mobile phones, Samsung is also the world's first in nearly 20 products such as TVs and panels.

   In addition, Samsung is also the largest arms dealer in the country and one of the three largest shipyards in the world. It can build aircraft and tanks. Well-known buildings such as the Burj Khalifa, Yizhou 101, and the Petronas Twin Towers in Kuala Lumpur are also built by Samsung.

  Samsung Group, in addition to its flagship company Samsung Electronics, is one of the world's top 500 companies, and Samsung C&T and Samsung Life Insurance are also among the world's top 500 companies.

  Established in 1938, it was a small workshop that exported fruits, vegetables and dried fish to the Northeast. After 70 years and the joint efforts of three generations, it has become the pinnacle of the national economy.

  Because there is no overall listing, and the Bangguo capital market is not very good, the market value of the three top 500 companies listed under Samsung is not too high, but the revenue, net profit, and net assets are very huge figures.

   In the face of such an opponent, Xia Jingxing was actually a little bit afraid.

   After all, he is not dealing with a Samsung, but the country behind it... the country!

  If Samsung and LG are knocked out of the world, and several pillar industries of Bangguo are killed, the status of the developed countries that Bangguo people are proud of will be at stake.

   Of course, at present, there is still a big gap between Fuxing Industries and a large consortium like Samsung.

   However, the seven cucurbits under Fuxing Industry, except for the aerospace business group, which cannot take off in the short term, the other six subgroups and business groups are expected to achieve annual revenue of 100 billion yuan and hit the world's top 500 companies.

   In addition, even excluding Facebook and Tesla, Envision Financial Holdings, Ali and Hainei Holdings, and Jingxi are all candidates for the top 500.

  Envision Capital is still making money in the financial market and undertaking the task of transfusion for industrial revival.

   Daxia Capital also holds more than 20 billion US dollars in cash and short-term investments.

   If the various equity assets held in the hands are listed for securitization, or sold for realization, it might be impossible to fight against Samsung.

   It’s just that many layouts have not been completed yet, or it has just been completed soon, and there is no certain growth time. Xia Jingxing still does not want to completely tear his face with Samsung for the time being.

   But he knew in his heart that there would be a battle sooner or later, and there was no way to avoid it.

   Therefore, he is already planning to decouple Samsung and fight against Samsung.

   Samsung has a secretary office, so he naturally has to build a "Jinyiwei".

  Thinking of this, Xia Jingxing glanced at Liu Hai. He has been discussing and planning the authority of Daxia Capital with Liu Hai recently.

  Liu Hai has thoroughly researched the Samsung Secretary Office, hoping to replicate a similar institution in Fuxing Industry.

   This request was rejected by Xia Jingxing.

  Because of different national conditions, it is impossible to do things as recklessly as Samsung, such as lobbying groups, this thing is very dangerous.

   However, he still followed some of Liu Hai's suggestions, such as agreeing to add auxiliary departments such as a business intelligence team, a think tank team, a geopolitical analysis team, etc. to the original management framework of Daxia Capital.

   In other words, Daxia Capital has some new functional departments in addition to the original responsibilities of life steward and financial steward.

   These newly established functional departments all have one thing in common. The purpose is to make the industrial sectors controlled by employers better and more competitive, while consciously avoiding various risks.

  The current opinion given by "Factory Guard" is not to rush to turn against Samsung, not only because Fuxing Semiconductor is not ready, but also easily push Samsung to the hostile camp of Android, such as Windows Mobile.

   In addition, the factory guard also inquired that Google's mobile phone operating system is about to come out, which is not good news for Android, which has not yet achieved absolute market share advantages and ecological advantages.

   At present, a large number of mobile phone manufacturers are still betting on both sides or even long. The birth of Google's operating system means that mobile phone manufacturers have another choice.

   Before becoming an uncle, Android really couldn't put on a show.

   Futu Kang Lao Guo is jumping up and down recently, and it seems that he wants to dominate the Yizhou system.

   But Futukang didn’t say anything to save face: No OEM for Fuxing mobile phone anymore.

   Therefore, the response given by the Daxia Capital Think Tank team is that there is no need to rush to tear up the face, and it will not be too late to complete the decoupling after the revival of the digital industry has developed.

   In addition, all orders for Honor mobile phones have been decided to be sent to BYD and Wingtech, and Foxconn has not received any orders.

   Yizhou-based manufacturers, like Bangguo manufacturers, are also stumbling blocks on the road to the rise of the revival industry.

  In the fields that cannot achieve self-sufficiency, Fuxing Industry tries to give priority to local suppliers, excluding Yizhou, Bangzi and Japanese suppliers.

  If the strength of local suppliers is insufficient, then take fewer orders, and at the same time accept the investment and support of Renaissance.

The    think tank team also gave Xia Jingxing an opinion, not to be too rigid in the industrial war, and to know how to pull one faction against another and isolate one faction.

   At present, Japanese manufacturers are already a little weak, and the spirit of fighting for hegemony is gone. They belong to objects that can be united.

   Yizhou manufacturers are weaker than Bangguo manufacturers, and they are the easiest to defeat and eliminate, and they are the priority targets.

   Bangguo manufacturers are not so easy to beat and can be solved later.

   European and American manufacturers, mainly referring to the semiconductor sector, are temporarily not in trouble with Fuxing Industrial's well water, and the competition between them is not large, and a complete tearing of the face is not conducive to Fuxing Industrial's overseas operations.

   "When is the Honor Phone going to be released?"

  Xia Jingxing dispelled the thoughts in his mind and suddenly turned his head to look at Zhu Zhaojiang. This general lived up to his expectations and finally developed the first-generation Honor mobile phone before 2010.

   "We initially plan to put it on the 11th of next month. Don't young people like to celebrate this festival? We can just do some marketing.

  Also, Ali planned to hold a Double Eleven shopping festival on that day, and invited Honor Mobile to participate together. "

  Xia Jingxing nodded slightly, "Okay, let's put it on that day.

   Oh, yes, Hainei.com plans to do some activities recently to increase user activity.

   I will tell them to purchase 100,000 mobile phones as event gifts, which can be regarded as a kind of support for Honor mobile phones. "

   Hearing this, Zhu Zhaojiang was instantly overjoyed, "This is great, we promise to sell the mobile phone to Hainei.com at the lowest price.

  That...Mr. Xia, is Facebook still buying mobile phones? "

  Xia Jingxing glanced at Zhu Zhaojiang, who was smiling all over his face, and said angrily, "What are you thinking, the Americans are short of this money?"

   Looking at Zhu Zhaojiang, who was scratching his head, everyone around him smiled.

  Lin Bing said with a smile: "Zhaojiang, there is no rush. After the Honor mobile phone is launched in China first, then we can use the sales network of Fuxing mobile phone to enter the overseas market."

   "Okay, then slowly."

  Zhu Zhaojiang smiled, Honor Mobile now also belongs to Fuxing Electronics Group, his immediate boss is Lin Bing, there is no need to worry that the other party will favor one over the other.

  Xia Jingxing watched the conversation between the two with a smile. The Honor mobile phone is a sharp sword. After entering the mobile phone market, it should cut the feature phone manufacturers into blood.

This is also what he hopes to see. It doesn't matter whether it makes money or not. The most urgent task is to increase the coverage of domestic smartphones, and at the same time, to promote the growth of the domestic mobile phone industry chain, and to provide the sons and daughters of Spreadtrum and Wingtech. One mouthful of each milk.

   has been watching silently, and Zhang Xuebing, who did not say a word, suddenly said, "Mr. Xia, I have some bad news here."

   As soon as these words came out, they immediately attracted the attention of the audience including Xia Jingxing.

   Two chapters have been combined into one chapter, and one chapter will be added.

  

  

   (end of this chapter)