Money is not everything, but no money is impossible.

If Jiang Hui is just chasing money, there is no need to consider investing in the chip industry, which is too risky for private enterprises in the Celestial Empire.

If you want technology without technology, if you want equipment without equipment, even if you have a little money, you will accidentally lose it after you invest it.

However, as the richest man in the Celestial Empire, Jiang Hui, as a "butterfly" reborn from the afterlife, Jiang Hui is destined not to blindly pursue money.

To put it bluntly, more money and less money will not affect Jiang Hui's quality of life now.

Even if Jiang Hui starts to travel around the world every day now, eating, drinking and having fun, it is enough to squander a lifetime.

However, people always have to pursue a little, and they are used to seeing the losses of the Celestial Empire in the chip industry in the future, even if there is no way to make a profit for a long time, Jiang Hui still wants to enter this industry.

Over the years, oil was the largest import commodity of the Celestial Empire, spending a lot of foreign exchange. However, ten years later, everyone will find that the amount of imported chips has already exceeded that of oil, and is almost twice as much as oil.

You must know that the production volume of various products that require chips, such as smartphones, computers, home stores, and communication equipment, is already the world's first.

However, this also means that the Celestial Empire needs a large number of imported chips.

It's normal to be stuck in someone's neck at a critical moment.

The most obvious is the rebirth of Jiang Hui, because the United States wants to deploy a missile defense system in South Korea, the relationship between South Korea and the Celestial Empire has become very bad in a short period of time, and in order to teach a lesson to the stick country, the Celestial Empire has taken various measures to punish them in various aspects such as tourism and commerce.

But how do people respond?

The price of chip-related parts has increased across the board, especially memory.

South Korea's Samsung and Hynix casually found an excuse to keep raising the price of memory.

You must know that Samsung and Hynix are the world's first and second memory manufacturers respectively, and the memory usage of the Celestial Empire accounts for more than seventy percent of the world.

In this way, almost all of this wave of price increases is aimed at the Celestial Empire.

Without core technology, it can only be slaughtered by others.

Jiang Hui doesn't want one day to be slaughtered by others.

"I'm ready not to make money for ten years, the current asset-liability ratio of Guanghui Group is not good, there is still a pile of cash in the bank account, rather than putting it there to depreciate, it is better to invest it as soon as possible", for the third issue mentioned by Zhu Zhengfeng about the development of the chip industry, Jiang Hui obviously also has his own ideas.

It is not so easy to develop the chip industry, especially to grab the market from scratch and international manufacturers, and South Korea's Samsung has paid a great price for its position in the chip industry today.

Samsung's starting point was just a small chamber of commerce, and it was the first to trade, selling dried fish, vegetables, and fruits to the Celestial Empire. In the 60s, he was involved in sugar, weaving, fertilizer and other fields. In 1969, Samsung Electronics was established and began to produce black-and-white televisions.

In the sixties and seventies, the semiconductor technology revolution led to the rapid development of the global electronics industry. Samsung's founder, Lee Byung-chul, is keenly aware that this high value-added industry is the hope for South Korea's future. But his idea is only to work for the island nation of Sanyo.

At that time, semiconductor technology was monopolized in the hands of the United States and island countries, and Li Bingzhe did not dare to have too many extravagant hopes. For this industry with both capital and technology, most of the company, including the president who is close to him, is opposed to investing in semiconductors, and even the government is not optimistic.

However, Li Bingzhe's youngest son, Li Kunxi, who returned from studying in the United States, has set his sights on semiconductors after a long period of investigation and analysis. The reason is that South Korea is a small country with few resources, and it should develop high-value-added high-tech industries.

Most importantly, it's an area that I'm obsessed with and good at.

In the midst of almost everyone's opposition, Lee Kun-hee said to his father: "Dad, even if it's just me, I'm going to try that thing!"

Then, in the midst of the rhetoric that "semiconductors will bring down Samsung", he started his own business.

In 1974, Lee Kun-hee bought a South Korean semiconductor company to target memory technology, which was emerging at the time.

Memory, also known as memory, is the main component of most electronic products. According to different technologies, it is divided into many types, and the current mainstream is DRAM memory, the former is used as mobile phone and computer system memory, and NAND flash memory, the latter is used as mobile phone flash memory and solid-state drive (SSD).

In order to succeed, Lee Kun-hee has traveled to Silicon Valley more than 50 times, introduced technology and talents, and poured huge efforts and investments, but the difficulty of things is even higher than he imagined, and year after year, all he gets is continuous losses.

Perhaps moved by his son's ambition and determination not to break Loulan's vow not to return, when he was almost out of ammunition and food, Li Bingzhe finally came to his aid, and he sent his right-hand man to assist Li Jianxi to continue the hard fight.

The two oil crises also made Lee Byung-cheol more convinced of Lee Kun-hee's judgment: in a small country with scarce resources, the development of semiconductors can make Samsung win the future: "I must start this business before I close my eyes, so that Samsung will be safe and sound." ”

In 1983, Samsung officially declared war on memory by establishing its first semiconductor factory in Giheung, Gyeonggi-do.

However, the father and son still underestimated the tragedy of the battle.

People have the impression that the price of electronics is falling every year. But the memory is very strange, it is the same as chemicals, it is a heavy asset, a strong cycle, the price fluctuates sharply, the price rises and falls, the money is counted until the hand is soft, and the fall even wants to cut itself.

The good thing is that once you survive the recession, you are the boss of the world.

In this industry, there is almost only one strategy, either to smash the opponent with money, or to be stoned to death by the opponent with money.

Intel was one of the earliest players in the industry, bringing DRAM to mass adoption in 1970 and sweeping 80% of the market four years later. After that, the islanders rose to the occasion and defeated Intel.

By the time Samsung got its hands on the market, the islanders were already the world's hegemons.

As a latecomer with no market position, Samsung can only endure humiliation, from talent to technology, step by step. Being a student has to pay a price, and taking food from other people's bowls, chasing and intercepting them, and short-circuit blocking are all commonplace.

Even so, the road ahead is still bumpy.

In 1983, when Samsung developed 64K DRAM, the key technology lagged behind the island country by 5 years. By the time it reaches 256K, it is 2 years behind the island nation, and at 1M, it is still 1 year behind.

and then finally broke through the technical blockade, and encountered the first recession of the industry. In 1984, as soon as Samsung introduced 64K DRAM, the price of memory plummeted, from $4 per piece to 30 cents per piece, compared to Samsung's $1.3 per piece.

In other words, a loss of $1 per piece produced.

The losses that lasted for more than 10 years not only failed to shake Lee Kun-hee's belief, but aroused his fighting spirit. When the two sides are brutally contested and both lose, whoever can hold one more breath will win, and Lee Kun-hee, who gritted his teeth, tried his best to push forward.

In order to overcome technical difficulties, Samsung frantically grabbed people and technology in the global semiconductor industry, hired engineers to go to South Korea to teach technology on weekends, and recruited experienced Koreans from American semiconductor companies......

In short, we should "buy" what we can "buy" and "steal" what we can "steal".

In the end, after years of hard work, Samsung finally became a giant in the chip industry, and even overturned Intel a few years later and sat on the position of the global leader.

(End of chapter)