Silicon Valley

In this life, due to the existence of Henry, Williams Electronics has developed into the world's top electronics company! The zero-sum market has determined that if one party earns more, the other party earns less, or even loses money.

Therefore, Samsung Electronics is far less powerful than Samsung Electronics in its previous life.

At present, Samsung Group's subsidiaries include: Samsung Electronics, Samsung C\u0026T, Samsung Airlines, Samsung Life Insurance, Samsung Heavy Industries, etc., and their business involves electronics, finance, machinery, chemistry and many other fields.

In the previous life in 2003, three companies under the Samsung Group entered the Fortune Global 500 list of the United States, of which Samsung Electronics ranked 59th, Samsung C\u0026T ranked 115th, and Samsung Life Insurance ranked 236th.

However, now Samsung Electronics is suppressed by Williams Electronics, Samsung C\u0026T is suppressed by Global Land, not to mention, Samsung Airlines is hoisted by SpaceX...

It can be said that the situation of Samsung Group Corporation is much, much worse than that of its previous life.

The Asian financial crisis has come, and Samsung has lost a lot of talent, which has caused a major blow to the company's future development.

In addition, the Internet bubble has just ended, the market is very sluggish, and the supply exceeds demand. Except for the huge sales of Williams electronic products when the first round of price cuts, the sales of other companies' products are not good and can only be stored in warehouses. , LG, Sony and other companies caused huge losses.

Electronic products not only failed to make money, but also lost money. Li Jianxi was so angry that he dropped a lot of things in the office.

Samsung originally only sold non-yielding assets, but now it has to sell high-quality assets to keep Samsung Electronics going. At the same time, in order to retain talents, Samsung had to raise wages! All these have brought huge financial pressure to Samsung.

Samsung is dragged down by this, and slow development is inevitable.

In order to further curb Samsung's development, Henry decided to acquire a Korean company while establishing his own company, attacking the Korean market, going straight to Huanglong, and taking over its base camp, let's see how it can thrive in the future!

The Asian financial crisis has severely impacted the banking industry. Korea First Bank is on the verge of bankruptcy. This is a piece of fat, and major companies in Europe and the United States are paying attention to it, especially Newbridge Capital Group, which is very interested in acquiring Korea First Bank.

However, Henry also took a fancy to the First Bank of Korea. It was already the meat on his plate, and no one wanted to rob it!

Although the No. 1 Bank of Korea is named No. 1, it is not the largest bank in South Korea, but ranks No. 8. The name is nice, and it's enough to hang. Isn't it easy to become the largest bank in Korea? It won't take long

In the previous life, on January 11, 2005, Standard Chartered paid US$3.3 billion in cash to acquire the entire equity of First Bank of Korea. At the time of the acquisition, the total assets of First Bank of Korea were about US$44 billion, and there were 394 branches in various places. If Henry bought it now, it would be a billion dollars.

Newbridge Capital Group of the United States invested 380 million US dollars to acquire 48.56% of the shares of the First Bank of Korea, and Henry directly offered a wholly-owned acquisition of 1 billion US dollars! The Newbridge Capital Group of the United States saw Henry participating in the competition, and finally chose to withdraw. There are so many Korean banks that there is no need to rob the world's richest man, so as not to let the Korean bank fisherman benefit. There is another thing that makes Newbridge Capital Group quite afraid.

Buffett and Henry also snatch Wells Fargo, but later, Henry sold all the shares in a fit of anger, causing Wells Fargo's stock price to plummet, Buffett and Berkshire Hathaway lost more than 4 billion US dollars, and became the laughing stock of the United States. ! Buffett's face turned blue at that time, and scolding Henry was completely detrimental to others. If you sell slowly, it will not cause an avalanche in the stock market. will lose!

But Henry shrugged and smiled at the media reporters: "I'm happy, why? Besides, I threw it all at the first time, and I didn't lose much, and it didn't add up to 100 million US dollars!"

For a time, Henry was associated with the words "rich and willful" and "don't rob Henry Williams for the company, or you will die for your life". Newbridge Capital Group is also afraid of this. If they snatch stocks with Henry in the stock market, and then Henry sells all of them, should he cry, or should he cry! !

Newbridge Capital Group of the United States bought the First Bank of Korea just to make money... When the economic situation improves, it will be sold again. It didn't come to get angry with Henry and do business at a loss!

Newbridge Capital Group, the most powerful and willing to acquire, announced its withdrawal. Naturally, Henry bought the First Bank of Korea very smoothly! There is a bank in South Korea. If Henry has a company in South Korea, it will be convenient to raise funds, and at least the economy will be guaranteed!

After buying Korea First Bank, it naturally expanded non-stop. There are a lot of bankrupt banks. At this time, it can be said that the hands are fast and the hands are slow. Countless European and American companies have come in, and everyone is hunting for food. Let’s see who is fierce and fast!

The First Bank of Korea blessed Williams with the halo, and it suddenly rose to prominence. It could not help but open its huge fangs and began to annex other banks.

Korean media have said: "The world's richest man Henry Williams bought the first bank of Korea, so it seems that the first bank of Korea will not be long before it will really become the first bank of Korea!"

Of course, banking is only the first step. Next, Henry's goal is: CJ CJ. Xijie cj is the largest food company in Korea. It has food and catering business groups (including Daxida, Doleday, Het-Bahn instant rice, etc.), biology and pharmaceutical business group, new distribution business group, entertainment and media. Business Group……

The reason for acquiring it is that firstly, CJ CJ has great potential for development; the other is that in 1995, CJ CJ and director Spielberg and others jointly established DreamWorks SKG Company, thus starting the film and television business, and then cj Becoming the No. 1 film company in Korea, with great potential for development. DreamWorks, a subsidiary of Galaxy Films, owns a 25 percent stake in DreamWorks SKG. Therefore, as the saying goes, acquaintances are good to start!

Another reason is that CJ CJ used to be a subsidiary of Samsung Corporation. In 1993, CJ became independent from Samsung Group and established an independent business system. The acquisition of cj symbolizes Henry's determination and sign to attack Samsung! ! !

Due to the relationship of DreamWorks, Henry quickly contacted CJ and proposed an acquisition intention. In this financial crisis, cj company is struggling. Henry said that since everyone is a partner and knows each other very well, I can't bear to see CJ's life so difficult. In this way, I invested 6 billion US dollars to acquire 75% of the shares of cj company to help cj get through this difficult time!

(To be continued ~^~)