Chapter 689 Follow me to learn
Seoul, sk telecommunications headquarters.
It has just been half a year since Zhou Xiaohui took over sk Telecom.
This six months have also been the six months since Bangguo experienced the financial crisis and the rebirth of "national bankruptcy". With the new leader coming to power and various favorable foreign investment clauses signed for help from IMF, Bangguo's economy has gradually embarked on the road to recovery.
However, with the rise of electronic products such as mp3, mobile phones, and the impact of the financial crisis, it inevitably affected the overall growth of the PC market business. For the semiconductor industry, which is in a cyclical cold winter, this is tantamount to injury, and it is the darkest period before dawn.
Therefore, before Su Yuanshan arrived, Cui Taiyuan and Zhou Xiaohui had several rounds of contact with Hyundai Electronics, LG and others.
...
"Su, the current situation is that Hyundai Electronics and LG know that we are bound to win ambitions, and they intend to gain greater benefits in M&A."
In the conference room, Cui Taiyuan and Zhou Xiaohui accompanied Su Yuanshan, who had just arrived, to talk about the current situation.
When Su Yuanshan heard the word "ambition", he smiled and nodded.
Yes, since sk cooperated with Yuanxin, its ambition has become known to everyone - sk wants to become the only giant in the semiconductor industry in Bangguo, and then use the power of Yuanxin to occupy the Asian market and eventually go global.
But whether it is Yuanxin or SK, there was no such field as Dram particles in the previous semiconductor business.
However, the current memory loss is extremely serious, and lg is at the point where it is about to lose its money - goldstar memory is the brand used by lg to enter the Dram market before changing its name.
Zhou Xiaohui added: "And now Samsung is also in contact with LG."
"Yeah." Su Yuanshan knew the news before he came, but in Su Yuanshan's opinion, this should be a trick to raise his own value, or even a smoke bomb: "Don't panic, it's ridiculous."
The reason is very simple. LG memory particles are indeed not good. Even in places like China that are trying hard to keep costs low, GOSDA memory particles are rarely used, and they are generally used on low-end products.
However, hy particles are still walking quite well.
Therefore, if Samsung really wants to block SK's way into Dram, then Lee Jianxi should obviously be negotiating with Hyundai, not LG.
Cui Taiyuan laughed: "Yes, for Samsung, lg is useless."
Su Yuanshan glanced at Cui Taiyuan and said in surprise: "Mr. Cui also knows this allusion?"
"Cao Cao, Yang Xiu." Cui Taiyuan said the names of two historical figures in unstandard Mandarin.
"Haha, yes, LG's semiconductor department only has certain value to us, and it is a useless rib to Samsung, and it is not even a useless rib."
“So the focus of our negotiations is still modern electronics.”
"But what should I do if LG hasn't let go?" Cui Taiyuan smiled bitterly: "They have to have a minimum of US$600 million - the valuation we give is 40 to 450 million US dollars."
"...It's okay, I'll go to the middle to be a peacemaker. If I really don't give me face, I will definitely not let it go... Then let it fend for itself."
Su Yuanshan said with a smile.
——He is nominally just a shareholder representative of sk Telecom, and it is perfect for him to be the intermediary.
Moreover, Su Yuanshan was in a hurry to come over, not just for the acquisition, but also hoped to reach a broader cooperation with LG.
lg is not good at Dram business and does not seem to have any enterprising spirit, but it does not mean that it is not good at other fields, nor does it have any enterprising spirit.
Looking at the fields involved, LG will be a small Samsung in later generations, focusing on household appliances and consumer electronics.
Especially in the mobile phone field, Samsung is regarded as the object of "touching", so that in the functions and era, some mobile phones from both sides have once been similar to the "twins".
Of course, after entering the era of smart phones, LG was completely left behind by Samsung.
Samsung became the world's largest brand, while LG fell step by step and eventually became other.
If it weren't for the support of LCD panels and home appliances, LG would probably be equivalent to the size of a township enterprise.
*
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As a country under the influence of Confucian culture, a welcome banquet is not necessary.
That night, the senior sk executives led Su Yuanshan and the team who deployed the ringtone business with him to have a good meal in the hotel. During the meal, everyone started to drink Mandarin, English and Korean, and drank from 7 o'clock in the evening to 11 o'clock in the evening.
The next day, Zhou Xiaohui came to Su Yuanshan's guest room early.
Seeing Wen Xiaoqian being quick to help Su Yuanshan collect and read emails in the living room and preparing for the next schedule, she was suddenly stunned.
Her expression fell into Wen Xiaoqian's eyes, which made the latter stunned and asked hesitantly: "Mr. Zhou, what's wrong?"
"Nothing." Zhou Xiaohui shook her head subconsciously, but she sighed softly and said, "Xiaoqian, come on."
"Um."
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At this time, Su Yuanshan twisted the air out of the bathroom and saw Zhou Xiaohui sitting aside, he happily sat on the sofa: "Sister Xiaohui, please blow my head down."
"Yeah."
...
As the hair dryer roared, Su Yuanshan's voice became louder involuntarily: "Miss Xiaohui, it should be better if you have experienced it in the past few months?"
Since Zhou Xiaohui came to Korea, she has never returned to China except for returning to China three months ago to hold an executive director meeting and has been here. This is the first time Su Yuanshan has seen her in three months.
Last time, she told Su Yuanshan that the work here is a bit difficult to carry out. After all, she has been involved in the management of Yuanxin as a senior in the past few years. Although she went to SK Telecom, she is also the leader of CYO, and she is still the actual leader. Of course, to the outside world, the leader of SK must be Cui Taiyuan. But because one has not entered the first-tier market before, and the other is that she is not familiar with the place, even if Cui Taiyuan supports her, she always feels a little overwhelmed.
So after returning to China last time, Yuanxin invited the management of China Unicom's operation department and Yuanxin's marketing team to visit sk Telecom together.
In name, it is a visit, but in fact it is a thorough look to see how the market can be more than 50%. At present, sk Telecom's market share is less than 50%.
"Yeah, it's much better."
Zhou Xiaohui threw away the blow dryer and simply wiped it with a towel: "But I really have to say that Korea is really too small..."
"Haha, although the sparrow is small, it is full of all organs. If you say that, isn't hk even smaller?"
“…”
"And I can see that Cui Taiyuan's support for you is sincere - if he wants to learn from Yuanxin and enter the world with Yuanxin, he must have a CEO with outstanding vision to take charge of SK Telecom, or semiconductor and electronics business for him."
"You said that, I was suddenly under a lot of pressure."
"Don't be afraid, just follow me." Su Yuanshan closed his eyes with pleasure and smiled.
"Okay!" Zhou Xiaohui agreed very simply.
After hesitating for a while, she continued to ask: "Mr. Shan, what is your attitude towards the acquisition of LG Semiconductor?"
"Where are you?" Su Yuanshan did not answer, but asked instead.
"I... If I...From the perspective of corporate development, I think that as long as the acquisition with Modern Electronics is reached... it doesn't matter whether LG semiconductor is necessary or not." Zhou Xiaohui said her thoughts frankly.
Chapter completed!