Chapter 441 - A Large Number of Companies Bankruptcies (Part 3)

"Hehe, the cake of the pharmaceutical industry, I'm done!" Galaxy Building, Xiao Jun sat in front of his office, looked at the news on the computer, and smiled.

At present, the total revenue of the global pharmaceutical industry has exceeded 1 trillion US dollars, and it will grow further in the next few years, among which the world's top ten pharmaceutical companies are the main giants, such as Johnson & Johnson, with an annual turnover of more than 70 billion US dollars, Bayer Pharmaceuticals, with an annual turnover of 51.4 billion US dollars, and Ruohua Pharmaceutical, with an annual turnover of 49.4 billion US dollars......

In the next 2 years, Xiao Jun wants to kill these top ten companies, and then become the overlord of the world's No. 1 pharmaceutical company step by step. A trillion dollar market, how can he snatch 500 billion dollars, right?

Time flies, and half a year passes quietly.

In the past six months, a lot of major events have happened in the world, among which Xiao Jun is most concerned about the fact that his competitors have failed to go bankrupt or lay off employees one by one.

On June 4, Intel reluctantly declared bankruptcy, owing the bank $50 billion and unable to repay, and the company's more than 100,000 employees became unemployed.

On June 10, Samsung Group announced that its subsidiary, Samsung Electronics Co., Ltd., would close its mobile phone business and semiconductor business, leaving only LCD screens, TVs, home appliances and other business units, laying off 190,000 employees.

On June 27, SK Group announced that it would stop providing further funds to its subsidiary, Hynix Corporation, and declared bankruptcy at the same time. Hynix Semiconductor officially declared bankruptcy, leaving 120,000 of the company's employees unemployed.

On June 30, IMB announced a layoff of 150,000 employees.

On July 2, Broadcom declared bankruptcy and displaced 10,000 of the company's employees.

On July 10, Texas Instruments announced the closure of its semiconductor business and laid off 18,000 employees.

On July 17, Toshiba Corporation announced the closure of its semiconductor business unit and laid off 50,000 employees.

On August 1, Microsoft announced that due to poor sales for half a year, it had to lay off employees, and if Microsoft's computer system market lost more than 70%, this time it was the second layoff, and it decided to lay off 13,000 employees.

On August 4, Meidi Financial Investment Co., Ltd. declared bankruptcy.

On August 10, Lebert Financial Corporation declared bankruptcy.

On August 20, ExxonMobil announced layoffs, this time by 20,000 employees.

On August 28, Chevron announced that it would lay off 18,000 employees.

On September 2, the Suzuki Group announced that it would close its automobile business and concentrate on the motorcycle business, laying off 50,000 employees.

On September 18, General Motors announced that it would lay off its second workforce, which was larger than the previous one, laying off 30,000 workers.

On October 4, Ford Motor Company announced that it would lay off 23,000 employees for the second time.

On November 4, Apple announced its first layoffs, this time with a huge number of layoffs, reaching 40,000!

……

In the past six months, the companies that have collapsed the most are still related to the semiconductor industry, the mobile phone computer industry and the communication industry. Among them, semiconductor-related accounts for the most. The rest are either bankrupt or have a lot of layoffs.

Originally, Galaxy Group has been rising in the semiconductor industry for more than 2 years, so this batch of semiconductor companies is almost the last group of companies to go bankrupt. Those small and medium-sized companies have closed down more than a year ago.

Take Samsung Electronics as an example, Samsung Electronics Company is backed by the Samsung Group, which is a consortium. If Samsung Electronics hadn't backed the Samsung consortium, it would have collapsed long ago.

Even now, Samsung Electronics has not gone bankrupt, but it has had to close its semiconductor chip division and mobile phone and computer division. Because, Samsung mobile phones can't be sold, and Samsung's semiconductors can't be sold. So it had to be shut down, and only Samsung TVs, Samsung LCD screens, and home appliances and other departments could be retained.

At that time, Samsung Electronics Company was one of the top 20 of the world's top 500 companies, but now it is a big loss!

There is also Hynix, Hynix is backed by the SK consortium, if it weren't for the fact that the SK consortium couldn't bear to watch this subsidiary go bankrupt this year, it has always been supported by various resources and various capital chains, otherwise it would have collapsed with Micron as early as a year ago.

You must know that in the memory card chip, Micron and Hynix are on the same level.

But Micron didn't have a big guy to cover it, so it went bankrupt early.

And Hynix held out for another year, and the SK consortium saw that there was no hope of salvation and finally let it go bankrupt. I can't afford to lose any more.

Anyway, this batch is the semiconductor company that persists to the end.

As for other large and small semiconductor companies, they have almost collapsed a year ago, such as Gigabyte, Sapphire, NVIDIA, Renesas Electronics, ...... and so on dozens of large and small semiconductor companies.

Now Galaxy Group, in the field of semiconductors, occupies 95% of the global market share, dominating the world.

In the past few months, almost all of them have been bankruptcies and layoffs of companies such as semiconductors, communication industries, computers and mobile phones.

Later, a number of financial companies went bankrupt.

These financial companies are all affected by the new energy industry of Galaxy Group. They have failed to invest in the oil stock market, and it is estimated that many large and small financial companies have collapsed around the world. In addition, the gold stock market almost collapsed more than a year ago, the price of gold fell sharply, and a number of financial companies were eliminated and closed down more than a year ago.

Of course, not to mention those bankrupt stockholders and retail investors, there are as many as bull's hair! How many stockholders have jumped off to bankruptcy because of speculating in the gold stock market and the oil stock market!

In addition to semiconductors, computers, mobile phone software, communications and many other companies have been intimidated by Galaxy Group to bankruptcy, layoffs. And those financial companies, oil companies. In the past six months, the stock market of large and small oil companies in the world is still sluggish, and with the construction of more and more Galaxy reactors, the global electricity bill is getting cheaper and cheaper. Countries demand less oil. Especially Huaxia!

Therefore, the overall oil industry is difficult to move forward, resulting in various layoffs in these oil companies!

The automotive industry is left!

Due to the impact of the sales of various new energy vehicles, trucks and buses in BYD Automobile Company, a subsidiary of Galaxy Group, the sales of many traditional automobile companies have continued to decline for more than half a year.

As a result, these traditional car companies have to make layoffs!

There is no way, there is a backlog of cars produced, and sales are not rising but falling, and they last for more than half a year, and they have to lay off employees!

If you don't lay off employees, you lose money.

The sales of traditional cars are not good, and it has also indirectly had a huge impact on the oil industry.

Among these many companies, one-third of them are companies from the US imperialist side.

For example, Apple, Intel, General Motors, Chevron Petroleum, ......