Of course, when the sales drop, the valuation will definitely drop accordingly, but with Li Changheng around, no one will worry that this company will not fall in the short term.

Half a year later, after the sales of handheld devices showed an obvious downward trend, the shooting-type Bee was launched again.

Although the sales of this game are not as exaggerated as Tetris, Little Bee is the first shooting game in the true sense.

All of a sudden, many enthusiasts were attracted to pay again, so that the foundries in the three places could not produce it at all.

Andre and others discussed it, because Li Changheng stipulated the purchase price, which was even equal to 30 US dollars for a direct purchase from the foundry, and also stipulated a 99.8% yield rate.

Let Andre and others first rule out expanding the fourth and fifth factories in the United States.

The choice now is nothing more than a choice between South Korea, which has lower labor costs, and the island country where the respective parts are purchased nearby.

But the final result was beyond Li Changheng's expectation.

Regardless of the generation of the foundry, the cost must be the first.

At this time, the per capita salary of workers in South Korea is less than 900 U.S. dollars per year, while that in island countries is more than 2,300 U.S. dollars, and in the United States it is even more than 4,000 U.S. dollars.

There is no need to choose, it must be South Korea where the factory is located and the land is cheaper.

It is a pity that as early as the second oil crisis in 1978, the relationship between the island country and South Korea continued to deteriorate due to competition in television, shipbuilding, textiles, etc.

Even the island countries themselves no longer transfer factories and technologies to lower-cost but potential competitors.

If the relationship between Andre and others was not deep enough, even the one million electronic components might not be able to be exported to the factory in South Korea smoothly.

After the island country offered half the price of the land, three years of tax exemption, and allowed the conditions of the island country's bank loans, the fourth and fifth factories appeared in the island country without accident.

After Li Changheng was surprised, his heart moved, and HL Media quickly made a series of reports, and the news spread to the island country.

Things were just as Li Changheng expected. After the islanders discovered that even the Americans began to admire their country's technology and potential strength, it immediately aroused the pride of countless islanders.

In turn, they developed a good impression of "Handheld Treasure", so that the sales of handheld devices in the island country surpassed that of the United States in the past three months.

If it is only calculated by purchasing power, the market of the island country is indeed much stronger than that of South Korea.

When Europeans and Americans looked at the islanders in the 1980s, they were criticizing and looking down on each other, but at the same time they couldn't give up the increasingly rich island market.

However, this incident directly stimulated South Korea's determination to formulate policies to vigorously develop the semiconductor industry several years in advance.

The taxes brought by the export of 12 million handhelds every year, some parts purchased locally, and the wages of workers settled in US dollars, for a country that only exports more than 2 billion foreign exchange each year, it is nothing to cut meat the difference.

Coupled with the competition with the islanders in several major industries in the past two years, many forces in South Korea have already suffocated to win against the opponents of the island.

------

In the Long Island Manor, Li Changheng was holding Angela who wanted to play but was afraid, and was riding on a group of **** horses, slowly circling the horse farm in the manor.

As for Annie, she was standing in the gazebo in the distance with a smile on her face, stroking her pregnant belly, while looking at Li Changheng and his daughter.

Just as Angela felt that her father would definitely protect the handheld, she slowly got rid of her fear and sat on the specially configured saddle from Li Changheng's arms.

Then he reminded Li Changheng again and again to hold himself tight.

After getting the promise, Angela grabbed the saddle with her little hands and got used to it for a while, and then urged Li Changheng to run faster with a giggling and childish voice.

The housekeeper, Meryl, appeared next to Anne with a satellite phone.

The father and daughter were quickly called over. Li Changheng couldn't help laughing when he heard that someone in South Koryo wanted to exchange the market and company shares for technology and funds.

As long as he is allowed to step into the other party's territory, there will always be a chance for him to swallow up the entire company, or even the entire South Korean market.

As for whether the management right is in his own hands, Li Changheng doesn't care at all.

On the contrary, I know better in my heart that if I want to develop a company into a monopoly giant in a country with a special culture like South Korea, at least on the surface, the company must be managed by local people.

He lowered his head and said to Angela who was unwilling to get off the horse, "Honey, Dad has something to do, so you can help Dad take care of Mom, okay?"

"I," Angela hesitated for a moment, remembering that Li Changheng often used meetings and work as an excuse to leave.

She pouted and asked, "Can't Mom and Angela accompany Dad to the meeting together? I don't want to be separated from Dad."

Annie frowned immediately, but Li Changheng said to the housekeeper Meryl first, "Call Mr. Taylor Garnell for me.

Let him help me invite several big antiques of Citigroup, Andre and Frank to come to my house as guests. "

"Henry, you will spoil Angela, and Angela has reached the age of learning etiquette."

Of course Annie loves Angela, but she has long been dissatisfied and worried about Li Changheng's indulgence of Angela without a bottom line.

Li Changheng was also very helpless, every time his daughter pouted or cried, he couldn't bear to refuse.

Seeing that Annie was angry, she hurriedly compromised, "Okay, okay, I agree to find a tutor and etiquette teacher for Angela."

Angela couldn't help curling her lips, and she naturally realized in her heart that the mother in this family is the most powerful.

Butler Meryl looked at Annie and saw Annie nodding. Then she smiled and saluted Li Changheng and Angela, and took a few steps back to make a phone call.

"Daddy, I still want to ride a horse."

Li Changheng laughed, and simply hugged Angela off the horse, put it on his shoulders, and walked around the gazebo.

For Angela, riding a horse or on her father's shoulders is the same, as long as Li Changheng plays with her.

Soon, Angela's happy laughter kept coming from the manor~lightnovelpub.net~ And the various forces outside who received the call couldn't help worrying and looking forward to it.

Ever since Li Changheng predicted the second oil crisis was likely to erupt in a conference call in 1977 in front of a limited number of shareholders, Citigroup has formulated a three-year plan that only 10 people know about.

The result was basically the same as Li Changheng expected. Therefore, during the second oil crisis, other companies would encounter operational difficulties, or even lose money or go bankrupt.

Citigroup brandished crude oil futures contracts, and began to embark on a frenzied expansion of merging small and medium-sized banks and insurance companies, and even reversely acquiring 5% of Morgan Stanley's shares.

The market value also broke through from 34 billion U.S. dollars in 1976 to 63 billion U.S. dollars in 1981.

If calculated by the market capitalization of all the companies that hold shares, it is the first time that it has approached Morgan Stanley, which has been in decline in recent years, and has successfully exceeded 300 billion.

Even if the Big Blue with a market value of more than 200 billion under Morgan Stanley is deducted, the real real assets have surpassed Morgan Stanley.