"Damn!" Lee Kun-hee, the president of Samsung Group, couldn't help but punch his fist on the desk.

Because, at present, Samsung Semiconductor's main profit comes from the memory business of the PC market, which was originally trying to gain a larger market share by laying out the memory module market of Pangu compatible machines.

But who would have thought that the new start-up semiconductor company would enter the memory market of PC-compatible machines in turn. As a result, the PC memory market, which had record profits, experienced a price crash.

Although Samsung wants to stop it, there is nothing it can do.

The entire PC hardware market, in addition to Intel's special status, can rely on the X86 patent to form a moat.

It is difficult for other manufacturers to form a monopoly at the patent level, and they can only compete by relying on the performance and price of their products.

The same is true for the memory module market, where the EDO socket is only a socket interface standard for memory modules considered by the industry for compatibility, rather than a monopoly patent by a single company.

Samsung also needs to pay a part of the patent fee in order to produce memory modules for EDO interfaces.

Xinchuang Electronics Group also has a large number of new DRAM patented technologies, so the patent cost is negligible to enter new markets.

At present, the memory module of Xinchuang Semiconductor has not yet been listed, but it has caused hundreds of millions of dollars in losses to Samsung's memory module inventory. In the future, the memory market will be fiercely competitive, and the price will drop more, which is conservatively estimated to reduce Samsung's monthly revenue by more than $30 million.

Even if it continues to get some new orders for memory modules through the Pangu compatible phone market, it can't offset the loss of memory module prices in the PC market.

At this time, although Li Jianxi regretted it a little, he recklessly rushed into the Pangu compatible machine market. But...... Thinking that the competition was more brutal in the past, at the beginning of mass production, the cost price of 64KB memory modules was $1.3 per piece, but each memory chip was sold at the factory price of $0.3.

This terrible loss was persisted in surviving at the beginning, not to mention that now, the situation is much better than it was at the beginning.

In the past, Lee Kun-hee was not even the president of Samsung Group, and there were a large number of veterans who were pointing fingers at his layout. And now Lee Kun-hee is the president of Samsung Group, and Samsung Electronics and Samsung Semiconductor are Lee Kun-hee's descendants. Over the past few years, Samsung Semiconductor has contributed a good profit to the group. In addition, the brutal price war has been experienced before, so Lee Kun-hee is not afraid of another cruel price war.

Even if you don't make money for a long time, as long as you survive other competitors in the market, then there is still hope to make more profits in the future.

The price war, Samsung is eager to try!

Now, it's just ...... Let's fight a price war, anyway, there will always be a batch of cowards who will withdraw from the market. These cowardice withdrawals from the market will bring dividends of redistribution of stock market share to other manufacturers in stock.

"Inform the Samsung semiconductor department that the Pangu compatible machine market continues to follow the previous footsteps, and this business is already being done, so don't give up easily for the time being. As for...... The business of the PC market, keeping an eye on the price of Xinchuang semiconductors, we will also reduce the price of Xinchuang semiconductors, and first defeat some more expensive European, American and Japanese manufacturers!" Li Kunxi said after thinking for a while, "In addition, the high-end production line cannot be stopped, 32MB and 64MB memory modules, mass production and listing within the year! The 8MB market is just a transition, 16MB and when the 8MB memory of Xinchuang Semiconductor is listed, there will be a price war, and the price of 50 US dollars is more cost-effective than 8MB memory." After the price reduction of 16MB, 32MB and 64MB memory will be launched this year, and strive to become mainstream next year!"

In fact, in Samsung's laboratory in 94, a 256MB memory module has been produced, which should be the first manufacturer in the world to develop 256MB memory. Of course, this is just a laboratory product to verify the future technical direction and technical reserves.

To really be commercialized, we need to wait until the mass production process is mature.

Samsung Semiconductor's current mass-produced products are still mainly memory modules between 2MB~16MB. This is EDO memory, a more mature memory module standard on the market.

As for the current layout of 32MB~64MB memory, the EDO standard is outdated, and the SDRAM (Synchronous Dynamic Random Access Memory) standard needs to be used.

The EDO standard is actually for 386, 486 and other old models of PC, which must be inserted into two memory sticks when used on a Pentium computer. After switching to the SDRAM standard memory module, you need a memory module. In this way, some computer manufacturers can reduce the factory price and retail price by configuring only one memory module when they leave the factory, thereby driving an increase in computer shipments and adding more memory modules when users need more memory capacity.

However, the SDRAM standard slot is different from the EDO standard, so the motherboard manufacturer needs to specialize in the production of SDRAM slot motherboards.

Originally, it was because of the bottleneck of the EDO standard memory module, so later the PC camp quickly abandoned the EDO interface and switched to the SDRAM slot.

Later, the SDRAM slot was gradually upgraded to the DDR standard.

Of course, every time an interface standard is replaced, a large amount of old hardware needs to be discarded. Therefore, if it is not forced to do so, memory manufacturers are actually unwilling to change the socket interface standard so quickly.

You know, if the market doesn't buy it, a lot of investment may be lost.

However, Samsung's president, Lee Kun-hee, is convinced that if a larger-capacity memory module is listed at a cheaper price at the beginning, even if the slot is replaced, there will be a market to buy it!

"Yes, President!" said his executive respectfully.

……

When the Samsung Group was overwhelmed by Lin Qi's interference.

Lin Qi no longer pays attention to the protracted memory price war.

In fact, Lin Qi didn't think he could kill Samsung.

With Samsung's resilience, it is estimated that it will only lose some profits, as long as the president of Samsung does not give up, then, Samsung will continue to endure the bleeding of the wound and expand against the trend.

Most of the companies that have died in some industries have a smaller market share, and when the eldest and second companies compete for market share, the third, fourth, fifth and other companies may lose the most.

The immortals fight, and the worst casualties are definitely the mortals who watch the excitement.

At present, there are about 20 manufacturers in the world that can produce memory chips, which is still too much. According to the fierce competition trend in the memory industry in history, the market will soon be left with less than 10 memory manufacturers, and after that, it will even shrink to 5 or 3......

Of course, in the future memory chip market, the situation of Koreans dominating the family may not appear.

After all, the bigger factor for the Koreans to win is that South Korea's production costs are lower, but the Koreans laugh when they say they have low production costs Chinese

As long as the technology is popularized in the hands of Chinese manufacturers, Chinese manufacturers will return the lowest cabbage price in history to consumers all over the world!

……

"Mr. Lin, Wang Shi of Vanke Company asks to meet...... Lin Qi's secretary Xiao Lei held a letter asking for a meeting.

Lin Qi was stunned for a moment, looked at the letter and said, "Wang Shi, what is he looking for me?"

"The main reason is that Vanke hopes to introduce funds from the new entrepreneurial department to become the controlling shareholder of Vanke. If, after we become a shareholder, we have the same attitude towards Vanke as our other holding subsidiaries, and do not interfere with it for a long time, Vanke will very much welcome us to become a shareholder. Moreover, Wang Shi said that if the new venture is a shareholder, it will definitely get a good financial return in the long run!"

As one of the earliest listed companies on the Shenzhen Stock Exchange, Vanke is one of the top five listed companies on the Shenzhen Stock Exchange. Since its listing, it has been one of the white horse stocks with the highest rate of return, and the return rate in the next 30 years can be as high as more than 3,000 times if you subscribe to the original shares before listing. Even in the early 90s, Vanke subscribed after going public, and after holding it for more than 20 years, it was more than 300 times the rate of return.

The annualized rate of return is stable at more than 22%, which is actually no less than the long-term performance of Hong Kong's real estate leader Cheung Kong Asset. Compared with Warren Buffett's Berkshire in the same period, Vanke's return is still not lost to Berkshire.

Berkshire is only a company that has been established for a longer time, and its main leaders, Warren Buffett, Munger and others, live a long life.

Vanke is also regarded as a white horse with very high stability, and Vanke has existed since the day there was an A-share market. The stability of the performance of the listed company in the past two or three decades shows the management level of the company's team.

Although Vanke has repeatedly proven the excellence of its management for a long time. But...... In the history of Vanke, however, there have been many foreign barbaric capitals, relying on capital advantages, trying to control Vanke, and trying to drive out the originally excellent management and destroy its proven excellent governance model.

In the previous seizures of power, small and medium-sized shareholders often wavered and often stood on the opposite side of Vanke's management for the sake of short-term stock price increases, shouting for the new barbarians entering the game.

Of course, small and medium-sized shareholders are too large to form a decisive force. The decisive vote is often for the majority shareholders who have more voting rights.

In the early 90s, Vanke had just been seized by the brokerage Junwan Securities, because Junan Securities Company issued additional B shares of Vanke at 12 yuan per share, and as a result, the market price of A shares was only 9 yuan. Therefore, the stock rots in the hands of the broker, and many are not sold.

Therefore, after analyzing the value of Vanke, Junan Securities decided to take control of Vanke.

This is also the first battle for Vanke's controlling stake, the battle of Junwan!

The original brokerage company that issued and underwrote was a barbarian in turn and wanted to control a listed company, which was actually quite a foul.

And it is precisely because of the dispute between Junwan that Vanke's management team reluctantly resolved the seizure of power by Junan Securities. However, because after being kicked out by the barbarians for the first time, some major shareholders who should have been regarded as backers did not resolutely and simply support them, which made Vanke have great unease.

Therefore, Vanke's team hopes to introduce major shareholders who are more rational and can support Vanke's management team for a long time. Historically, the long-term major shareholder introduced by Vanke was once China Resources, but China Resources has delegated power for a long time, and has been working happily for more than ten years without paying attention to it, and it can be regarded as a major shareholder that Vanke likes.

But then the management of China Resources changed, and the new management did not trust and delegate as much authority to Vanke as the previous management. Later, Vanke was kicked out by the barbarians for the second time, that is, the Baobao Wan dispute, Baoneng used insurance and other businesses to bring financial leverage, constantly increased its controlling stake in Vanke, and once became the major shareholder of Vanke.

Later, because China Resources was not able to support Vanke, the company later introduced a new major shareholder, Shenzhen Metro Company. However, Wang Shi, the founder of Vanke, became a victim in the later Baowan dispute and was forced to leave Vanke.

To some extent, Vanke's management system still has huge flaws, for example, it has always placed its hopes on the support of the management by major shareholders. For a long time, Vanke's management itself has rarely increased or bought Vanke's shares in large quantities. Even at the beginning, Vanke's management team held fewer shares. However, after the listing, if the management of Vanke can continue to increase its holdings of shares, and become the capital that really holds a large number of shares, then there will be no so-called barbarian seizure of power.

To put it simply, Vanke's management deliberately sells its name, saying that it holds a small amount of equity and gains the trust of shareholders, and can control Vanke as firmly as a dog. In fact, this is deliberately leaving flaws to lure barbaric capital into the game.

Despite this, Lin Qi still knows that China's real estate industry will still be one of the most profitable industries in the next 30 years, and Vanke is the most worthy investment company in the real estate industry.

As a major shareholder who has not done anything for decades, if this is what Wang Shi wants, Lin Qi can invest a sum of money. Anyway, the current market value of Vanke is not high. Even, because 94 was a big bear market, Vanke's market value fell to more than 1 billion yuan.

At this time, it should be a very cost-effective transaction to take a stake in Vanke. Lin Qi was not interested in controlling Vanke and interfering in Vanke's operation, but only in the lasting return brought by Vanke's stable operation.