Counterattack 1988

Chapter 1699
Wang Lin knows a little Korean, but asking him to read Korean newspapers fluently is still too much.

He could only make guesses and take a rough look at the content.

Suddenly, he saw a familiar figure.

It was Kim who ran into him once at the bar last night.

She has cascading black hair, and a tall and fit body wearing a suspender dress with strawberry flowers on a white background, revealing her neck muscles like snow, the skirt only covers her knees, and a belt of the same color around her waist Tie up your waist so slenderly, it will make your figure even more plump.

Today's her is completely different from her appearance last night.

She was really like a fox last night.

But this morning, she is more like her original face, and more like a college student at school.

She was carrying a schoolbag, looking left and right.

After feeling Wang Lin's attention, she turned her head and looked over.

She blinked her charming eyes, took two steps forward, and said in Korean: "We met? At the bar last night?"

Wang Lin nodded and said, "Are you rushing to school?"

Kim said: "No, I'm going to audition for a crew, and I don't know if I can succeed."

Wang Lindao: "Are you free? Do me a favor?"

Kim asked, "What's the matter?"

Wang Lindao: "I don't quite understand these newspapers, can you read them to me?"

"Reading newspapers?—Aren't you from South Korea?"

"I am Chinese."

"International students?"

"I am here on a holiday."

"Oh——in recent years, many Chinese have come to Seoul for tourism."

Kim took the newspaper from Wang Lin, glanced at it first, and said with a smile, "Why do you read such a newspaper? This is our local news paper."

Wang Lindao: "I just want to know about your city and what happened recently. You don't have to read too carefully, just tell me the news reported above."

While watching, Kim read to Wang Lin.

When she read the word semiconductor, Wang Lin said, "Which report is this?"

"Semiconductors? This," Kim said, pointing to a newspaper report.

Wang Lindao: "Could you please help me read this report carefully?"

Kim glanced at him in surprise, obviously thinking that this tourist was a bit weird, but she still read it to Wang Lin enthusiastically.

This is an analysis article on the first three quarters of the South Korean semiconductor industry.

In 1995, South Korea's semiconductor sales in the first three quarters were US$123 billion, of which 91% came from the United States, Japan, Europe and other regions.

South Korea's semiconductor production scale has jumped to the fourth place in the world, second only to the United States, Japan, and Germany.

In the semiconductor industry, South Korea is mainly driven by the DRAM output offensive. The annual sales in 1995 are expected to reach 150 billion US dollars, accounting for 85% of the total semiconductor output. At the same time, South Korea’s import trade is developing at a growth rate of 43.7%. , with an import volume of 3.35 million US dollars.

90% of Nanguo Semiconductor's output products are memory chips, while the imported semiconductor products are mainly Asic circuit chips.

Hearing this, Wang Lin couldn't help but secretly nodded, thinking that the analysis and summary of this article was very objective.

South Korea's semiconductor industry developed late and its technology accumulation was insufficient.At the same time, the technical threshold required by the semiconductor industry is very high, and it often takes years or even decades of technology accumulation to achieve essential breakthroughs.

You must know that the beginning of South Korea’s semiconductor industry is generally considered to be 1959. Jinxing Society, the predecessor of LG, developed and produced South Korea’s first vacuum radio. At that time, South Korea did not even have the ability to independently produce vacuum tubes.

During the same period, my country's Jinling Radio Factory produced tube radios as early as 1953 and put them on the market in large quantities.

South Korea's semiconductor industry, which started later than my country, has grown from a barren state to the third largest country in semiconductors after the United States and Japan. This is the original accumulation brought about by the "low-end" "big industry effect".

Their main industry is storage technology.

Leading companies such as Samsung and Hyundai have spared no effort to invest huge sums of money in research and development of a new generation of memory chips and technologies.

From 1991 to 1995, South Korea's storage industry grew 8.3 times, but this part of the funding was provided by the government and chaebol in a tightly interconnected network of related parties and loans.

In such growth, South Korea's intervention in the industry has planted hidden worries.

The administration has severely overbuilt the semiconductor industry through joint ventures and loan programs.

When South Korea's economy goes down, the semiconductor market will inevitably collapse.

Talking about the economy cannot be separated from the overall situation of the world.

The development of semiconductors is inseparable from the trend of the global market.

The semiconductor market grew 1995 percent in 40 to $1547 billion in revenue, driven by strong sales of personal computers and an explosive market for digital consumer electronics.

In the midst of high prosperity, the semiconductor industry began to expand production frantically.

Prosperity must decline, this is the law of nature.

The crazy expansion of the industry eventually led to an oversupply of DRAM.

Many semiconductor manufacturers were forced to adjust their production plans, and after suffering a severe recession, many manufacturers withdrew from the DRAM market.

The first to fail was Toyo's semiconductor manufacturers.

Due to the continuous sanctions and suppression by the United States, the tariffs on Dongyang have been increased, and more and more Japanese companies cannot support it, which has triggered a storm of factory closures.

Every semiconductor company is a small individual in the great era, and a single dust of the era falls on any company like a mountain.

To not be crushed by a speck of dust is to cross that mountain.

Entrepreneurs need great patience, perseverance and strength to ensure that their companies continue to give priority to technology during the downturn, not to lag behind the market, and then accumulate and laugh until the end.

But those who can have the last laugh are, after all, only a minority.

Perhaps it is precisely because of this semi-conductor analysis report that the chairman of the LG Group was shocked.

Wang Lin guessed right!
As the third-generation successor of the family business, the current Chairman Gu is also a person with a great sense of business.

After reading this industry analysis paper, he quickly came to a conclusion:
Starting next year, the semiconductor industry will enter a period of decline, and the industry's ice age is coming!
Based on this cognition, President Ju quickly made a judgment, and immediately contacted Wang Lin to discuss cooperation matters.

As we all know, there are four major conglomerates in South Korea, some also call them chaebols.

The foundation of South Korea's heavy industry, policy preference, social and cultural subversion, and finally the future of social wealth and industrial upgrading are all concentrated in the hands of these chaebols.

The initial DRAM producers in South Korea were the four largest "chaebols" in South Korea: Samsung, Hyundai, Daewoo, and Venus.

Although LG is also one of the big chaebols, it is still much inferior to the four big chaebols.

Companies such as Samsung can use the support of the whole country to fight to the end with the semiconductor industry.

But LG has no such confidence.

The recession and downturn in the semiconductor industry is only a signal of the global financial crisis.

The business road in the next few years will be extremely difficult.

This is also the reason why Wang Lin approached LG to discuss cooperation.

Because he knew that LG would not be able to hold on!

It's just that I didn't expect this moment to come so suddenly and so precisely!

After hearing that Kim finished reading this article, Wang Lin knew what to expect.

"Thank you, Kim."

"Hey, how do you know my name?"

"Oh! Last night, I heard your classmate calling your name."

"Is that so! Do you still know that I'm a college student?"

"Hehe, I also heard from you yesterday."

"You are so interesting, why have you been eavesdropping on our conversation? I see that there are many beauties around you! Why do you still pay attention to other beauties?"

"..." Wang Lin wiped his face in embarrassment, and smiled, "We are so close, I don't need to eavesdrop, I can hear your voices."

Kim chuckled and said, "I see, you want to say, we talk a little loudly, right?"

Wang Lindao: "Anyway, thank you for today."

He took out his wallet and took out a hundred dollars: "This is your labor fee."

Kim shook her hands: "I don't want it! I'm not an interpreter! The car is here, I have to go! Goodbye!"

She waved her small hand to Wang Lin and boarded a bus.

Wang Lin looked at her graceful back and smiled slightly.

Instead of rushing to LG, he sat down at the bus stop, combined with Kim's translation just now, read through this semiconductor-related article twice, and at the same time thought about how to negotiate with Chairman Gu later.

After thinking about it, Wang Lin took a taxi and headed to LG Group.

This time, Wang Lin received a warm welcome as soon as he approached the front desk.

"Hello, Mr. Wang Lin, we have received an order from President Ju. After you come, go directly to his office. He is waiting for you." The front desk said respectfully and politely in half-baked Chinese.

Wang Lin said thank you, and walked into the elevator under the guidance of the front desk.

When President Gu's secretary saw Wang Lin coming, he got up and said with a smile, "Mr. Wang Lin, good morning. President Gu is waiting for you inside. Please come in."

Wang Lin nodded and walked into Chairman Gu's office.

President Gu was writing something at his desk, when he looked up and saw that Wang Lin had arrived, he screwed on the cap of the pen, laughed loudly and said, "Mr. Wang Lin, we meet again! Come, please sit down."

Wang Lin saw that on Chairman Ju's desk, there was a newspaper, which was the one that Wang Lin asked Kim to read aloud.

This made Wang Lin's previous speculation even more solid.

Wang Lin's inner confidence was even stronger.

"President Gu asked me to come here, so he must have something good to take care of me?" Wang Lin said.

"After I talked with you yesterday, I discussed with the executives of the group, and the conclusion we came to is different from your analysis."

President Gu's words surprised Wang Lin.

Is this person too hypocritical?
It is clearly a fact of decline, but he wants to whitewash the peace?

Wang Lin asked: "President Gu, how do you understand it?"

President Gu said: "We all thought that the semiconductor industry has just started, and the pace of expansion can be even greater!"

Wang Lin is petrified!
Didn't the other party call me over to talk about the acquisition?

What kind of medicine is sold in President Gu's gourd?

(End of this chapter)