instant noodle richest man
Chapter 997
In the end, Li Jiankang made an accurate judgment, that is, Samsung Optoelectronics cannot be sold. Samsung has set the development direction of LCD displays, so there must be no wavering actions.
Now it sells Samsung Optoelectronics for US$500 million, which seems to have made US$400 million. You can also go this path again afterwards, but what do you think about Samsung’s internal people?
Also, if Daqian buys Samsung Optoelectronics, he must buy all the technical patents of Samsung Optoelectronics at the same time. Even the employees of Samsung Optoelectronics will be taken away by Daqian. This is equivalent to directly digging the roots of Samsung LCD. If you want to plant another tree, it may not be possible in one or two years.
So although 500 million US dollars is delicious, this is a poisonous bait that cannot be eaten. But to be honest, even Li Jiankang is still very difficult to reject the net profit of 400 million US dollars.
After all, throughout 1995, Samsung Group's net profit was only about US$2 billion, and Samsung made a lot of money and spent a lot of money. It quickly launched various new projects and companies, and its funds were a little short of money.
So even if Li Jiankang refuses this acquisition, it will be a test of his heart!
However, after hearing his father's rejection, Li Zailong's expression became a little dark. After all, Li Zailong was the most active person in this acquisition.
As for why Lee Jae-long is so active?
The reason is very simple, because Li Zailong needs credit, and real credit. Although Samsung is the Li family's property, the Li family does not firmly control Samsung's equity.
When Lee Jae-long was starting a business, Samsung's equity gradually spread to the hands of the Lee family, Samsung veterans, and the South Korean government.
I won’t talk about the equity of the South Korean government. After all, it is hard to explain whether Samsung owns the equity of the South Korean government or whether the South Korean government owns the equity of Samsung.
The two decisive forces within Samsung are the Li family and the Samsung veterans.
However, the Samsung veteran school did not mean to compete for power with the Li family. The Samsung veteran school has always followed the Li family, so Li Jiankang has always been firmly controlling his father's Samsung for so many years.
But this does not mean that Samsung's veteran school is a faction that ignores everything. On the contrary, Samsung's veteran school can sometimes show extra strong power, that is, when choosing heirs.
Li Jiankang is actually his father's third son. Logically speaking, it is not his turn to inherit Samsung Group. At most, he will be assigned to the equity of a subordinate branch, and that's almost the same.
But the problem is that Li Jiankang’s elder brother and second brother are not good at it.
Li Jian's elder brother was the first to take over Samsung company, but Li Jian's elder brother is a tough guy and is rushing around in his work. He also puts too much effort into the veterans within the company.
If Li Jiankang's elder brother can create any achievements, it would be fine, but in the six months since his elder brother took over, the entire Samsung Group was in chaos, and even suffered the first loss in the history of Samsung Group's establishment.
So the veterans went wild and drove Li Jiankang's elder brother down, and even his father had no choice.
Then, in theory, the second brother should continue to do it, but the second brother is a famous playboy. The old school directly rejected the other party and asked the third brother Li Jiankang to take over the company.
Li Jiankang is indeed capable. Under his leadership, Samsung has restored stability and growth, so the Samsung veterans steadily worked for Li Jiankang, and have always been very stable.
Therefore, the Samsung veteran school is usually a very obedient dog, but it has a huge choice for the company's successor. They will choose the best heir to inherit Samsung. Even if Li Jiankang designates Li Zailong as his heir in the future, if Li Zailong does not have the corresponding contribution and ability, the veteran school will definitely not let Li Zailong take over so easily.
Although Li Zailong's father Li Jiankang has not had a second child until now, and only Li Zailong is the only son, Li Jiankang, but Li Jiankang's eldest and second brothers have several sons, and they have made a lot of contributions within the Samsung Group. The veteran school will not say that he has to take over Li Jiankang's son.
As long as they are from the Li family and have great skills, they will be the successor of Samsung Group.
So Li Zailong is now trying his best to get achievements and prove his abilities, and what is more credit than a net profit of $400 million?
As long as Li Zailong can promote Samsung Optoelectronics transactions, it will actually increase Samsung Group's profit by 400 million US dollars, and naturally it will make great achievements. Unfortunately, this good thing was rejected by his father!
So Li Zailong's face was very dark at this time, and he didn't smile until he met Boss Jia again in the afternoon.
"I'm very sorry, we Samsung cannot agree to this transaction!" Cui Changwu said calmly.
"Okay, it seems that Mr. Cui has asked your president for instructions, and 500 million US dollars is our bottom line, so let's not talk about the acquisition of Samsung Optoelectronics!" Boss Jia did not fight for too much.
Nonsense, Boss Jia wouldn’t spend $500 million to acquire Samsung Optoelectronics. Wouldn’t it be nice to spend $500 million to conduct scientific research for Daqian R&D Center?
So Boss Jia didn't really want to acquire Samsung Optoelectronics at all. If Samsung agreed, it would be a big trouble. But Boss Jia knew that Li Jiankang would never agree to the deal, so he said that.
As for why Boss Jia did this, of course it was to set the stage for another next transaction.
"I'm very sorry, but I think we can talk about another acquisition, our Samsung..." When Mr. Cui was about to propose acquiring Daqian's mobile phone, Boss Jia suddenly slapped the desktop in surprise and said, "You said another acquisition, by the way, I don't have to buy your Samsung Optoelectronics."
"I want to buy Samsung Optoelectronics just to make screens for our mobile phones. If that's the case, it's the same for buying your production line."
"Chief Cui and Comrade Xiao Li, let's make another deal. Look at how I buy your 4th generation LCD LCD display production line?" Boss Jia asked excitedly.
"This...we are really not here..." Cui Changwu looked at Boss Jia helplessly and opened his mouth. Could it be that he could not complete his original task seriously?
"I'll pay $100 million!"
"...I understand...I need to ask for instructions!" Cui Changwu swallowed his throat, then nodded. The 4th generation line of Samsung Optoelectronics was built for US$20 million. If it can be sold for US$100 million, it seems to be a four-fold profit!
OK, it still tastes really good!
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