256 North
The rise of the Samsung Group in the field of electronics, in fact, is a desperate process, relying on the South Korean government's subsidies, when the price of memory chips plummeted, Samsung went against the market, massively increased production capacity, and vomited blood at a loss, but the opponent was not comfortable, and then seized the United States sanctions on the Japanese semiconductor industry and the collapse of the Japanese economy, successfully eliminated the arrogant Japanese semiconductor manufacturing company, and sat on the first place in the world。
As for the field of television,In this era,Large European and American companies, including Japan, dare not invest in the mainland on a large scale,Occasionally, a few are only tentative,Midea will put the entire RCA TV manufacturing business in the deep sea city,The manufacturing cost is bound to be much lower than that of Japanese counterparts,Even if there is no price war,While your company obtains huge profits,It can also grab a large number of Japanese TV companies' markets。
Of course, the core source of profit for the whole company is the game, which has been on the market for more than a year, and the two games of Contra and Mario have brought back more than $200 million in net profit for the company just on the arcade, plus other arcade machines, Gameboy, home consoles and cassettes, etc., Midea's net profit last year was $470 million.
And this year's Contra and Mario game cartridges will be launched, the price is also extremely expensive, $100 a box, and the cost is only $20, and the arcade games Double Dragon and The King of Fighters are also ready to be released, 1981, will be a more abundant year.
It seems that although the profits are high, they are actually not much stronger than the giants in the same industry in Japan, and these Japanese counterparts will be tossed to death by Samsung and the American consortium in the future.
Although Midea's semiconductors will not be a direct target, they will also be affected. This is also why Xu Zhi spent a lot of effort to enter the real estate industry, in addition to its own extremely high profits, start at the trough, sell at the peak, coupled with the existence of leverage, these huge profits are even much higher than the game, with the huge profits of real estate, Xu Zhi can develop the manufacturing industry with more peace of mind, whether it is to launch a price war for household appliances, or to deal with Samsung's counter-cyclical price war.
……
Tuesday, January 6, 1981:
The sky of Xiangjiang is shining with the sun shining high, and there are no clouds.
The Xinhua News Agency chartered a Boeing 737 plane, and the delegation will fly to Kyoto on this luxury business jet, and most of the members participating this time are wealthy people, such as Li Jiacheng, Hu Yingxiang, Bao Yugang, Huo Yingdong, etc., and several people from the cultural circles also participated, including Kim Yong.
The other is a person in the political circles, Xu Zhi also knows a few people, he has seen it on TV or at some banquets, more or less familiar, Xiangjiang is not big after all, and there is no need to make a fuss when he encounters a star whose name he can't say when shopping.
At the boarding gate, Li Jiacheng walked over and said with a smile: "Xu Sheng, I haven't seen you for a long time, and I haven't come to join our board of directors for such a long time." ”
Xu Zhi smiled and replied: "I've been a little busy lately, Li Sheng, I'm very relieved of your business ability!"
Li Jiacheng waved his hand and smiled: "Haha, that's not as good as Xu Sheng, Xu Sheng's several acquisitions in the United States shocked the entire Xiangjiang!"
Xu Zhidao: "It does look very majestic, but the competition in the international market is also fierce, Li Sheng also wants to enter the industrial field? This is not bad, after all, the company is still called Changjiang Industrial, and it can't just do real estate, right?"
Li Jiacheng shook his head and said with a smile: "I used to make plastic flowers, so I named it Changjiang Industrial, but now the competition in the manufacturing industry is too great, and I don't want to enter casually if I am not sure! I heard that Hutchison is selling a large number of properties, and Evergrande does not participate in real estate auctions, does Xu Sheng want to withdraw from the real estate field?"
Xu Zhi said with a smile: "It's not counting, I keep the land and properties of Evergrande and Hutchison in good commercial locations, as for the real estate auction, the land price in the core location of Central Kowloon is too expensive, and I will not participate in it for the time being." ”
Li Jiacheng nodded and said: "I see, so Xu Sheng plans to be the second land company in Xiangjiang?"
Hongkong Land is mainly engaged in the ownership of commercial buildings, and its main revenue is also rent.
"Let's just say that, Li Sheng is relieved when he hears this!" Xu Zhi said with a smile.
Li Jiacheng said: "Indeed, with Xu Sheng's assets, if he enters the residential field, the pressure on us people will be very great. ”
"To each his own. Xu Zhi replied that the profit of residential buildings is indeed very large, far more than the rental of commercial buildings, but its characteristic is to be small and broad, and quickly return funds into the next project, which is very suitable for the current real estate Five Tigers company, but it may not be suitable for Xu Zhi, whose assets are extremely high.
With the amount of his capital, if he enters the market on a small scale, the total profit is not large, and it is not attractive. Large-scale entry, Xiangjiang's housing prices will inevitably skyrocket further, which may cause the real estate crisis to break out in advance, and a person who is not paying attention may fall into it.
Therefore, Xu Zhi only plans to learn from Land, except for the development of his own land, the others are to hold commercial buildings or shopping malls, mainly collect rent, and wait for the appreciation of housing prices. This model also allows Xu Zhi not to worry too much about real estate, after all, manufacturing and high-tech fields are the core, and the profits from real estate can be used to invest in these industries, or future infrastructure projects in the mainland.
"What are you two talking about?" Bao Yugang also walked over.
Xu Zhi said with a smile: "Just talk about it, Bao Sheng, since the opening of Harbour City, business is booming, I went there last time, it was a sea of people, and we will be envious just by collecting rent in the future!"
Bao Yugang laughed and said: "That's not as chic as Xu Sheng's crisscrossing the international market, and Xu Sheng, you are also one of our major shareholders in Wharf, and Harbour City also has your share!"
I don't know what kind of expression Niu Bijian will have now. Xu Zhi also joked with a smile.
Half a year ago, Jardine Matheson Group lost the battle for Wharf, after which the share price of Jiucang quickly plummeted to 40 Hong Kong dollars a share, Niu Bijian held nearly 20% of the shares, but did not have any right to speak, but could not sell, and finally after several negotiations, all of them were sold to Evergrande for 45 Hong Kong dollars, and Xu Zhi also became a director of Wharf, but this is actually just a pure business investment, Bao Yugang controls 49% of Wharf's shares, and no one can challenge him.
Li Jiacheng glanced at the two of them and didn't ask anything more.
……
At 10 o'clock, everyone had already arrived, and everyone entered the business jet in order.
The interior of the aircraft is very luxurious, and the cabin can accommodate more than 140 people under normal circumstances, but this business jet has only 36 seats, each of which is more luxurious than the normal first class.
Xu Zhi chose a position close to the window, although it is not clear to see the specific scenery below at an altitude of 10,000 meters, but if the plane passes by some famous rivers, it can still be seen, and if it is over the city, it should also be able to find, but although the aircraft of this era has GPS, but there is no advanced display equipment, otherwise the passengers on the plane can know very clearly where they are.
"Xu Sheng, are you free?" a voice came from behind.