Hong Kong variety show: I wanted to be a lawyer, but I became a big shot.
Chapter 447 Deceiving Lee Kun-hee
"That's how it should be."
Lee Byung-chul nodded slightly:
"Since both parties have no objections, the registration and settlement procedures for the new company will be handled entirely by Su Binghai."
"no problem."
Lee Byung-chul extended his hand, and Lin Bei raised his hand to shake it. Their palms met above the coffee table, sealing this collaboration that could rewrite Samsung's future.
Lee Kun-hee stood by and witnessed the whole thing, his heart filled with mixed feelings, bitterness, and regret.
If he had met Lin Bei earlier and secured the smartphone project, Samsung wouldn't be in its current predicament. He could have taken advantage of this era's opportunities to solidify his position as the group's heir apparent, without any further controversy.
Lee Byung-chul stood up, looked at Lee Kun-hee, and gave the instructions:
"Tonight, you will accompany Mr. Lin to dinner to discuss and finalize details regarding future cooperation."
"I am feeling slightly unwell, so I will not be attending the banquet."
"Yes, Father."
Lee Kun-hee respectfully accepted.
Li Bingzhe turned to look at Lin Bei, his eyes filled with a mixture of inquiry and apprehension:
"Mr. Lin, I've lived most of my life and met countless people, but you are the only young man I can't see through at all."
Lin Bei chuckled, understanding the situation perfectly. This old fox was still testing and pressuring, yet he replied humbly:
"President Li, you flatter me. I just happen to be particularly attentive to and have done some research on the ways of business."
Lee Byung-chul smiled faintly, said nothing more, turned around and walked straight out of the reception room.
Later, when Lee Kun-hee saw Lin Bei and Jimmy downstairs, he still looked dazed and was in a state of turmoil.
From the moment he was urgently called downstairs by the front desk to Lin Bei producing the proposal, Li Bingzhe suddenly appearing, the two parties finalizing the cooperation, and the establishment of a joint venture, the entire process took only two hours.
He originally thought he was just hosting two overconfident Hong Kong businessmen, but in the blink of an eye, Samsung reached a deep strategic partnership with them.
Coming to his senses, Lee Kun-hee composed himself and smiled as he spoke:
"Mr. Lin, have you ever tried our traditional Korean food?"
"I've eaten there once."
Lin Bei disliked spicy and sour kimchi and refused to try it again.
"How about we try something different and go for Japanese BBQ?"
"Can."
Lee Kun-hee chose a Japanese BBQ restaurant with excellent privacy; the private rooms were quiet and elegant, making them particularly suitable for business discussions.
After a few cups of sake, the atmosphere at the table completely relaxed.
Lee Kun-hee set aside his status as the heir to Samsung and casually inquired about the business landscape and savvy dealings in Hong Kong.
Lin Bei's responses were casual, yet every word contained crucial information, intentionally or unintentionally revealing the future trends of the semiconductor industry:
"President Li, are you aware that starting next year, the global PC market will experience explosive growth? Within five years, personal computer sales will increase at least tenfold, and only more, not less."
Lee Kun-hee's hand holding the chopsticks suddenly froze, his eyes wide with shock:
"ten times?"
"That's right."
Lin Bei nodded and continued:
"Once smartphones are released, sales growth will only accelerate."
"Today's mobile phones are bulky and expensive, and are only used by the wealthy, so the market is too limited."
"But if mobile phones could be made the size of a palm, and have functions such as sending text messages, taking pictures, and playing audio and video, and the price could be reduced so that ordinary people could afford them."
"You can imagine how huge this market will be."
Lee Kun-hee's eyes suddenly lit up, and he sighed in a deep voice:
"This will undoubtedly be a disruptive revolution that will revolutionize the global communications industry!"
Lin Bei lightly clinked his glass against his, his tone resolute:
"You have a good eye."
"To be honest, Chairman Li, your father is getting old. The position of Chairman of Samsung will be yours sooner or later."
"But if you want to truly secure this position, the semiconductor business alone is far from enough."
"Semiconductors are a long-term, capital-intensive business. It's difficult to see profits or realize results in three to five years, so we can't stop the opposition from the group's veterans."
Lee Kun-hee put down his wine glass, looked at Lin Bei seriously, and asked earnestly:
"Mr. Lin, please speak frankly."
"Smartphones are your best opportunity right now."
Lin Bei lowered his voice and succinctly revealed the key point.
"The speed at which this project will generate profits will far exceed your expectations."
"Your father partnered with me because he sees potential in the future landscape of the technology industry."
"But for you, this project is your biggest bargaining chip to secure your position."
"You helped me gain a foothold in South Korea and open up industrial channels, and I will help you secure your position as chairman of Samsung."
"Within three years, the huge profits from smartphones will silence all your doubts, and at that time no one on the board will dare to oppose you."
Lee Kun-hee held his wine glass, remaining silent for a long time.
He grew up in his father's shadow, and as the third child, he was able to become the vice president largely thanks to the help of his two older brothers.
They may appear glamorous on the outside, but their foundation is actually unstable.
His father was strict and demanding, and the group's veteran employees outwardly complied but inwardly defied him. He had to walk on thin ice and proceed with extreme caution with every step he took.
Lin Bei's words precisely struck at the weakest point in his heart, the place where he most longed to break through.
After a long silence, he raised his eyes and spoke:
"Tell me, what do you need me to do for you?"
With a soft click, Lin Bei lit a cigarette, took a light drag, and slowly exhaled the smoke, his tone calm:
"Please introduce me to someone first..."
"who?
"Kim Heung-ki, President of the China Development Bank."
Lee Kun-hee instantly understood his intention and nodded emphatically:
"Okay, I understand."
"I'm hosting a golf game tomorrow, and I'll introduce you to him then."
"it is good."
Lin Bei smiled broadly and raised his glass to clink glasses with Lee Kun-hee.
......
The next day was sunny and warm, with a gentle breeze.
Lee Kun-hee had booked early morning tee spots at a high-end golf course on the outskirts of Seoul.
When Lin Bei arrived, Lee Kun-hee was chatting with a middle-aged man in his fifties standing by the tee box.
The man was slightly overweight, wearing a navy blue golf shirt and a white golf cap. He had the gentle smile typical of a seasoned businessman on his face, and he appeared calm and experienced.
Lee Kun-hee immediately introduced the two:
"President Jin, this is Mr. Lam Pak of the Hung Hing Group in Hong Kong."
"Mr. Lin, this is Kim Heung-ki, the president of the Korea Development Bank!"
Jin Xingji extended his hand, sizing up the excessively young business tycoon before him with great interest, his tone humble:
"Mr. Lin, it's a pleasure to meet you. Vice President Li mentioned your matter to me last night, and I am very interested in it."
"President Jin, I also look forward to getting to know you and having discussions with you."
Lin Bei calmly shook hands in response.
The four were then divided into groups: Lin Bei and Jin Xingji were in one group, and Li Jianxi and Jimmy were in another.
The stadium boasts a smooth, lush lawn and offers a panoramic view of Seoul's skyline.
When they reached the third hole, Jin Xingji spoke first, taking the initiative to inquire:
"Mr. Lin, with your Hung Hing Group's entry into South Korea, what kind of industrial empire are you planning to establish?"
"Let's put aside grand ambitions for now and first consider where we can settle down."
Lin Bei swung his club and landed the ball, speaking casually.
"For example, first purchase an office building as the headquarters."
Jin Xingji raised an eyebrow slightly:
"Buying an office building? In the heart of Seoul?"
"That's right."
Lin Bei spoke frankly.
"My new joint venture with Samsung needs a 30-story high-end office building as its headquarters."
"Last night, when I was drinking with Vice President Li, he mentioned that President Jin happened to have some high-quality resources in his possession."
Jin Xingji swung his cue, and the cue ball landed steadily on the edge of the green, his movement skillful and composed.
He raised his hand and pointed towards the city center, smiling faintly:
"Mr. Lin's information network is indeed very efficient."
"Indeed, one company owes our bank a huge loan and is unable to repay it; it has now entered bankruptcy liquidation proceedings."
"It owns a 30-story office building located in the heart of Jung-gu, Seoul, with an excellent location."
"Oh? What are the specific terms of the cooperation?"
"The company owes our bank a total of US$150 million in loans."
"If Mr. Lin is interested in taking over, the price can be renegotiated."
Lin Bei took the club from the caddie, aimed it at the ball, and immediately made a bid:
"One hundred and twenty million US dollars."
Kim Heung-ki narrowed his eyes and gave him a deep look:
"Mr. Lin is young, but he is very good at bargaining. He cut the price by thirty million US dollars right off the bat."
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