Chapter 1248 Kill the chicken to warn the monkey(1/2)
In the east of Masa Vineyard Island, it is housed by Westeros.
Nine o'clock in the morning.
Chen Qing brought an assistant to push the door into a conference room in the hotel. This time, all the heads of Korean chaebols who came to North America had arrived. Seeing that only Chen Qing appeared, all the Korean chaebol masters were surprised and dissatisfied.
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The previous two days were Chen Qing and James Rebel. Rebel was the main one.
Even though they knew the woman's status around Westeros, today should have been a more important meeting for Koreans who were used to boyishness over girls. Rebelde's absence made them all feel a little angry.
Chen Qing, the founder of Daewoo Group, who was wearing a pair of black-framed tortoiseshell glasses, sat down and looked at the door of the conference room again. Seeing that no one came in, she asked, "Miss Chen, will Mr. Rebel not attend today?"
Chen Qing slowly put a Nokia phone at hand, then placed a blue folder in front of her. Finally, she put her hands crossed her fingers on the wide conference table, nodded, and said with a smile: "We have already made it clear in the three meetings in the past two days. Now, all kinds of bad news are constantly coming from your country, and I think everyone is not in the mood to continue talking. Therefore, according to the instructions of my boss, the talks will be temporarily suspended, and you can deal with more urgent matters."
Not to talk about it?!
Confirm that I heard it correctly, some people in the conference room almost stood up and slapped the table.
You should know that after close private consultations, they have planned to make some appropriate concessions to obtain assistance from the Westeros system.
Now, suddenly, I won’t talk anymore, how can they deal with it?
After the atmosphere was silent for a moment, Jin Yuzhong of Daewoo Group spoke again: "Miss Chen, are you sure this is Mr. Westeros' decision?"
Chen Qing nodded: "That's right."
When Jin Yuzhong heard this, his expression was gloomy for a moment. He glanced at the other person sitting there. He was finally the first to get up and walked out without saying a word.
Afterwards, Zheng Mengjiu of Hyundai Group stood up and left the conference room.
The heads of the chaebols, ranked first and second in China, all stood up and left. The remaining five big bosses of the chaebols such as Samsung, LG, and SK looked at each other. They saw Chen Qing and Old God sitting at the conference table without any other follow-up statements, so they followed them out of the conference room one after another.
After no one else was in the conference room, Chen Qing finally opened a folder he had just brought in, took out a walkman, put on her headphones, flipped through the documents while listening, and occasionally lifted her pen to write something. After a few minutes, she said to Lily Farville, who had been guarding behind her: "Lily, guess what will the owners of the seven chaebols this time contact us privately?"
Lily Farville was curious about what Chen Qing was listening to. He thought about it and said with a smile: "Two or three, in recent meetings, SK has performed the most positively, so it must be one. In addition, I think there will be LG, because these two companies are not large in terms of semiconductor and LCD screen businesses that we are interested in, so it doesn't matter if we give up."
Chen Qing nodded: "Smart."
Lily Farville smiled, and changed his body in the secretary's seat behind Chen Qing, leaned forward a little, and said, "However, this will definitely not meet your expectations."
"Yes," Chen Qing said: "In addition, didn't you just say two or three, guess one more?"
Lily Farville thought for a moment and said, "I think it should be one of Hyundai and Samsung. Hyundai is mainly engaged in automobiles. Although the electronics industry is large, it is not the core, and giving up is nothing. As for Samsung, the electronics business has the heaviest share, which will become the weakness of this company. If we do not cooperate with us, it may completely collapse in the next few years."
Chen Qing made another admirational voice and said, "Lily, you are enough to be an assistant at the boss."
Lily Farville didn't take on this topic. In theory, Chen Qing is actually equivalent to a Simon's assistant, responsible for helping the arrogant man take care of various Asian affairs. She was originally assigned to the waitress of Chen Qing and Lin Su, and now she is lucky to be the assistant of Simon Westeros.
So I changed the topic: "Miss Chen, I remember you told me a Chinese idiom called killing chickens for monkeys. I think Daewoo is very suitable to be a monkey."
"Add another point."
Chen Qing said, and heard a wiretap conversation in the Walkman about Jin Yuzhong and LG leader Gu Benmao, and wrote a few Chinese characters on the Korean document in front of her, which happened to be what Lily said.
Kill the chicken to scare the monkey.
After writing, Chen Qing even sneered at the corner of her mouth.
Those guys probably used to being local snakes in Korea. There were no tigers in the mountains and monkeys called kings, so they didn't understand what the name Simon Westeros meant.
Even the Hyundai chaebol, which ranks No. 1 in South Korea, according to the information in Chen Qing, even according to the exchange rate of 800 to 1 in the Korean won against the US dollar before the crisis, the total scale of all businesses such as automobiles, steel, machinery, and electronics was only more than 30 billion US dollars, less than one-tenth of the Egret Company, which ranks No. 1 in the Westeros system.
Not to mention now.
According to the South Korean government's controlled exchange rate of 2,000 to 1 against the US dollar, the depreciation of the won has reached as high as 60%. Similarly, the market value of Hyundai Group, calculated by the US dollar, is only more than 10 billion US dollars.
In fact, without the Westeros system, a giant that is an anomaly, the modern group with a scale of tens of billions of dollars will indeed be among the top corporate giants in this era.
This is the problem.
My boss has fallen in love with this small plate of South Korea. For Chen Qing, it is really a bit terrible, so it is better to make more arrangements in China.
China has great growth potential.
After a little development over the years, the size of South Korea will easily surpass South Korea and will only be far away in the future. South Korea is too small, not only in an awkward area between China and Japan, but also remotely controlled by the United States. If you don’t accept your fate, you will have to accept your fate.
Therefore, how can we be qualified to take this place?
After waiting for a while, Chen Qing entered the door, which she had deliberately placed on the conference table to hint, and it turned out to ring.
Pick up and answer.
As Lily Farville expected, the first one was SK.
Whether it is SK Group's own situation in South Korea or the attitude of SK leader Choi Jong-hyun at three meetings in the past two days, it means that this chaebol urgently needs the support of the Westeros system.
SK first started out in textiles, and later rose through the petrochemical industry. In the 1980s, it built a second group pillar business in the field of communications. South Korea's first digital signal CDMA communication network was built by SK Communications.
Similarly, affected by the semiconductor trend of South Korea in the 1970s and 1980s about "one box of chips for another ship of ore", SK, like many other chaebols, participated in semiconductors and other electronic businesses, but this aspect is very weak and far from comparable to the scale of Hyundai and Samsung's semiconductor business.
Then there are these years.
Due to the in-laws of the Choi family, former South Korean President Rou Tae-woo was investigated by Kim Yong-san's government and was eventually sentenced to 17 years in prison. SK was also suppressed. The petrochemical industry, one of its core businesses, has almost been fully encircled by Hyundai, Daewoo and Samsung, and has retreated step by step. The communications industry, which has stricter national control, has also been set up by Kim Yong-san's government in recent years.
Now, it is another worst economic crisis in South Korea.
If you cannot get strong foreign aid, it is hard to say whether SK can survive the next few years. Since you want to find a backer and turn to the Westeros system, it is definitely the best choice for SK.
Then.
The second, modern.
The third one is Samsung.
Lily Farville guessed one wrong, LG.
In the recent days of eavesdropping recordings against the head of a chaebol in South Korea, LG's Gu Benmao and Jin Yuzhong of Daewoo Group, there was a small abacus, and it was obvious that there was no intention of knowing the current affairs as a hero.
They made an appointment with the heads of Hyundai, Samsung and SK respectively. Chen Qing silently listened to the box of eavesdropping recordings before taking Lily Farville to leave the conference room.
The next meeting is scheduled tomorrow. Before that, Chen Qing will communicate with her boss.
He took a car back to a property under his boss' name in the northern part of Masa Vineyard Island and came to a study room. Chen Qing quickly answered the video call of his boss.
It was around six in the morning in Los Angeles.
The video is connected, and in the picture, Simon is jogging on the treadmill in sportswear.
After looking at the chest and abdominal muscles under the vest of his boss with a few jealous eyes, Chen Qing asked with a smile: "Boss, have you seen the eavesdropping recordings I have sorted out?"
Simon slowed down some of the treadmills again, and did not look at the camera, but just nodded: "I've seen it."
Although the head of a Korean chaebol camp will enter the golf club hotel on Masa Vineyard Island. Although it will not be completely unprepared, with the ability of the Westeros family's private intelligence team, not to mention its own home court, those people will certainly not escape.
Simon also has no moral burden on this.
Business competition has never been warm and affectionate, let alone at his current level.
With Chen Qing's temperament, she was even more excited about it. She felt like "Mission Impossible". She raised three fingers and said, "I just sent those people away, and then I received three calls. Boss guess which three are there?"
Simon knew more about the inside story than Lily Farville, so he naturally guessed more accurately and said casually: "Samsung, Hyundai, SK."
Chen Qing had curved eyebrows and eyes: "It seems that the boss values Samsung very much."
When it comes to Korean chaebols, the first reaction of later generations is basically Samsung Group, which accounts for as high as 20% of South Korea's GDP. But in fact, in this era, Hyundai is the leader, the second is Daewoo Group, and Samsung can only rank third. Even because of the plummeting semiconductor prices last year, revenue and profits have dropped sharply, and there is also a trend of being overtaken by the fourth-place LG.
In this talk, including SK, which ranked fifth, all the top five chaebols in South Korea were all present, and there were two other companies, which were also among the top ten, namely Hanjin Group, which is mainly engaged in maritime and aviation businesses, and Hanwha Group, which is the ninth, which operates petrochemical machinery.
The last two companies said they were making up numbers, but they were not considered making up numbers.
Because both companies have electronic services related to the topic of this talk, Simon is very interested in both companies, whether it is maritime aviation or mechanical petrochemicals. Especially Han Jin's main shipping and Han Hua's machinery and machinery are the focus of Westeros system's next layout in Asia.
This time I'll try it first.
Chen Qing could see his emphasis on Samsung from the order he came out of his casual words. Simon was not surprised, but did not admit or deny it. He directly began to instruct: "The focus of your negotiations with these three companies is to buy out Hyundai's electronic business and integrate it with SK. At the same time, he lobbyed SK to cooperate with American Online, and the model was similar to AOL and China Telecom before. For Samsung, hasn't South Korea been competing for Kia? You can promise to help Samsung take Kia, on the condition that we will obtain at least half of Samsung Electronics' shares. At the same time, we promise that we will not interfere with Samsung's automotive business at all in the future, and only regulate the electronics business, but the control will still belong to the Li family."
Buying out Hyundai's electronics business and integrating it with SK is equivalent to creating the later SK Hynix in advance.
SK cooperated with American Online to advance into the ISP field in South Korea.
Speaking of which, South Korea's Internet speeds later ranked among the top in the world, but at this stage, even though the first wave of Internet bubble in North America has burst, South Korea's mainstream use is still the 64K Internet speed connected by modems, which is mainly due to the regulation of South Korea's telecommunications industry.
South Korea had already entered the ranks of developed countries with a per capita GDP of US$10,000 in the 1990s. This is true, but in fact, many aspects are still very closed, such as movies, finance, telecommunications, etc., which were forced to open up after 1997. In the end, except for the prosperity of the film industry, many other fields have become colonies of overseas capital.
Chen Qing could understand his boss' arrangements about Hyundai and SK. When she heard Samsung's questions, she didn't react for a moment: "Boss, aren't you optimistic about the traditional automobile industry? Why do you want Samsung to take Kia?"
Simon said: "It is precisely because I am not optimistic that Samsung has taken over Kia, so that Lee Kun-hee's energy can be restrained on the automotive business."
Samsung, the biggest decision-making mistake in the 1990s, was that it had forced its entry into the Korean automobile field that had been divided by Hyundai, Daewoo and Kia, and eventually ended up with a loss of more than 3 billion US dollars. The subsequent negative impact has been entangled in the Samsung Lee family for many years.
This time, since Lee Kun-hee likes cars so much, Simon certainly needs to help him and let the other party play a little bigger.
However, it may be possible that Samsung will achieve certain results in automobiles this time, winning Kia, which has many years of operating background in the automotive industry.
But Simon doesn't care.
The core is to compete for more control of Samsung Electronics.
As for all, Simon is actually able to get it, because according to the recent stock price of Samsung Electronics and the Korean won-to-US dollar exchange rate, the company's market value is only about US$3.9 billion, less than one percent of the peak market value of more than 500 billion in twenty years. With the capital strength of the Westeros system, it is no problem to eat it completely in one breath.
The problem is that Simon doesn’t have the energy to manage it himself, and there is no suitable team at hand. Of course, it’s the Samsung Li family who will run it themselves.
Simon only plans to stand behind the scenes and be a 'high-level' person.
To be continued...