Hong Kong variety show: I wanted to be a lawyer, but I became a big shot.

Chapter 446 Taking Down the Li Family Father and Son

The moment Lee Byung-cheol stepped into the meeting room, Lin Bei instantly sensed a calm and collected aura emanating from him that was completely different from that of Lee Kun-hee.

The old man was thin and walked with a leisurely pace. He wore a pair of gold-rimmed glasses on his nose and exuded a gentle, scholarly air. At first glance, he looked like a retired, refined professor.

But his eyes were anything but ordinary. Though the corners of his eyes were covered with the wrinkles of time, his pupils were dark and bright, sharp as an eagle, as if they could see through people's hearts and see through all pretenses.

Lee Byung-cheol did not look at Lin Bei immediately, but turned to look at Lee Kun-hee beside him. His voice was deep and heavy, carrying an imposing and dignified air.

"Gon-hee, what exactly happened?"

"How did things get to this point?"

Lee Kun-hee's face was a mixture of pale and flushed. His lips parted, but he was momentarily speechless, managing only to utter a weak cry:

"Father……"

"President, this is what happened..."

Before he could say anything more, Su Binghai, in order to protect himself, hurriedly stepped forward and explained the whole story.

He confessed everything, from Lin Bei's visit with a business plan to discuss cooperation, to the core content of the business plan, and his unfounded accusations against Lin Bei for stealing Samsung's technology and ordering the detention of people.

He didn't exaggerate, but he also didn't dare to hide his mistakes.

After listening, Li Bingzhe glanced at Su Binghai expressionlessly, his tone chilling.

"Hmph, you certainly know how to get things done."

"Our Samsung Group has been established in the business world for decades. When have we ever needed to rely on such despicable means to gain a foothold?"

Su Binghai was tense all over, bowed his head, and trembled uncontrollably. He didn't dare to say a word in his defense.

Only then did Lee Byung-cheol slowly turn around and look directly at Lin Bei.

He silently observed the young man before him for several seconds, then suddenly asked:

"Young man, how old are you this year?"

"Twenty-three years old."

Although Lin Bei was puzzled, he responded calmly.

Lee Byung-chul nodded slightly, as if confirming his own thoughts, and spoke softly:

"At twenty-three, you dared to lead men armed with guns straight into Samsung headquarters, forcing my son to come downstairs to see you in person."

"Young man, you've got some nerve."

Lin Bei stood up straight, showing neither the slightest hesitation nor any deliberate humility.

He stepped forward, spread his hands slightly, and smiled.

"President Li, I have traveled all the way from Hong Kong Island with the utmost sincerity to discuss cooperation with your company."

"But your subordinates, without distinguishing right from wrong, falsely accused me of stealing trade secrets and even attempted to detain me."

"Does anyone really think Lin Bei is a pushover?"

Lee Byung-chul gazed at him intently, remained silent for two seconds, then suddenly chuckled softly, his tone carrying a hint of approval:

"Good. As expected of a Chinese, inheriting the spirit of their ancestors, full of vigor and unable to tolerate the slightest humiliation."

As soon as he finished speaking, he turned to look at Su Binghai and Li Jianxi, his expression suddenly turning cold and stern:

"Director Su, you handled this matter improperly."

"Mr. Lin is a distinguished guest who has come from afar. Even if there is a misunderstanding, there is absolutely no reason to treat him so rudely."

"You may leave now, and submit a thorough self-criticism afterward."

"Furthermore, apologize to Mr. Lin in public, so as not to embarrass Samsung."

Su Binghai's forehead was covered in cold sweat, and he bowed repeatedly in response:

"Yes, Chairman!"

After saying this, he bowed deeply to Lin Bei, his posture extremely humble:

"Mr. Lin, I am truly sorry. It was my momentary lapse in judgment and rash actions that unnecessarily angered you."

"I implore you to be magnanimous and forgive my mistake."

Lin Bei chuckled lightly, his tone indifferent:

"I'm not going to hold a grudge against a wage earner. Fine, get lost."

"Yes, yes!"

Su Binghai felt as if he had been granted a pardon, bowing and nodding repeatedly before hastily and awkwardly leaving the reception room.

Lee Kun-hee stood frozen in place, caught between a rock and a hard place, his face extremely grim, and dared not utter a word the entire time.

Li Bingzhe didn't even glance at him, but raised his hand to gesture for Lin Bei to sit down:

"Mr. Lin, let's sit down and talk in detail."

"it is good."

Lin Bei gave Wang Jianjun a wink, and Wang Jianjun understood immediately. He then led his entourage out of the room and closed the door behind them.

Only Lin Bei, Li Bingzhe, and Li Jianxi remained in the reception room.

Lee Kun-hee tactfully stepped forward and bowed to pour hot tea for his father and Lin Bei one by one.

Lee Byung-cheol glanced at his son, took a sip of tea, then picked up the proposal on the table and began to read it carefully.

A moment later, he looked up at Lin Bei, his expression solemn:

"Mr. Lin, I have read through this proposal and have already made my decision."

"Samsung has already initiated research and development projects on some of the technologies described in the book, but the progress is far slower than that described in the book."

"There are many other areas that we have never ventured into or even imagined."

"I'm not asking about the source of your technology, I just want to know how you want to collaborate?"

Lin Bei spoke frankly and without any beating around the bush:

"My proposal is to establish a joint venture with your company."

"Our Hung Hing holds 51% of the shares, and Samsung holds 39% of the shares."

"I will provide all the core technologies for the project, while Samsung will be responsible for production assembly, channel operations, and brand endorsement."

"If the cooperation goes smoothly in the future, I can exchange my shares in Samsung Electronics for the shares as agreed."

"In addition, the project investment funds will be shared equally by both parties."

Upon hearing this, Lee Kun-hee could no longer contain himself and blurted out a rebuttal:

"You own 51% of the shares, while Samsung only owns 39%?"

"That's absolutely impossible!"

"Jin-hee!"

Li Bingzhe sternly stopped him, his gaze fixed on Lin Bei, and calmly spoke:

"Mr. Lin, you provided the core technology, but Samsung possesses industry, brand, and market resources. Isn't your shareholding too low?"

"Chairman Lee, you understand Samsung Semiconductor's current predicament better than anyone else."

Lin Bei spoke calmly, yet every word hit the nail on the head.

Upon hearing this, both Li father and son were taken aback, and their expressions instantly darkened.

Lin Bei completely ignored their expressions and continued to explain:

"The price of DRAM chips plummeted from four dollars to three dollars, and by the end of this year, Samsung Semiconductor's accumulated losses had reached three hundred million dollars."

"Half of the senior executives in the group advocated cutting losses and shutting down the project in time, but Vice Chairman Li overruled the objections and insisted on increasing investment in the 1Mb DRAM production line."

"Today, Samsung has no shortage of technology or talent; what it lacks most is time and a steady stream of cash flow."

"The semiconductor industry burns through cash at an insatiable rate; only those who survive the winter can reach the top of the market."

"But once the funding chain breaks, all the investment and hard work of the previous years will be in vain."

"The smartphone project is Samsung's cash cow that can save the company from its predicament, so you have no right to give up on it."

Lee Byung-cheol remained silent, but the fingertips holding the teacup tightened subtly, his eyes filled with solemnity.

Lin Bei put down his teacup and continued confidently:

"My smartphone project was able to achieve positive profitability and a stable cash flow in its first year of operation."

"As long as the project is successful and profitable, it can continuously provide financial support and a safety net for the semiconductor business."

"Once the industry recovers and the market revives, Samsung will become the only DRAM chip manufacturer in South Korea, at which point global pricing power will be entirely in Samsung's hands."

These words were not empty talk or brainwashing; Lin Bei was well aware of the future landscape.

In the future, the global DRAM market will eventually be dominated by three giants: Samsung, SK Hynix, and Micron.

The reception room fell into a deathly silence, so quiet that only the ticking of the clock on the wall could be heard.

Lee Kun-hee stood to the side with his hands at his sides, not daring to breathe loudly.

After a long silence, Lee Byung-chul slowly put down his teacup, breaking the stillness:

"I can give you 51% of the controlling stake in the joint venture."

"But Samsung must occupy three seats on the board, and you must occupy two."

"make a deal."

Lin Bei responded without hesitation.

"All the conditions related to the subsequent exchange of Samsung Electronics shares will be written into the cooperation agreement and will be fulfilled in accordance with the specific terms."

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