Chapter 566: Samsung Goes Bankrupt (Page 1/1)

Xingchen Group has shown a strong hegemony in many fields.

Many companies in the same industry are feeling the pressure.

For example, the mobile phone market, the integrated circuit market, the chip market and so on.

Before, Apples were cold, Qualcomm was cold, Hynix was cold, Micron was cold, and Taiwan Chicken Electric was also cold......

Samsung Electronics Co., Ltd. not only deals in Samsung mobile phones, but also operates chips and integrated circuits.

They have been struggling for 3 years now.

From the very beginning of the advent of Xingchen phones, their Samsung phones are cold. After the mobile phone business cooled down, they also had chip business, integrated circuits, televisions and other businesses.

However, with the launch of Xingchen Group's awesome Xingchen chip, Samsung's chip business was cold again.

But Samsung Electronics is a company worthy of being one of the world's top 500, and it also has Samsung Group behind it. So they didn't have a financial break. It can only be hard to support.

It can only rely on semiconductor integrated circuits, televisions, LCD screens and other business support.

But soon after, Renjia Xingchen Group launched semiconductors and integrated circuits. Then Samsung's big business was cold again.

Only the pitiful TV and LCD screen business remained.

But the TV business has almost no market in China. The same is true for LCD screens.

Eventually, after three years now, their funding chain has been struggling to make ends meet more than a year ago.

Relying on the hard support of the Samsung Group behind it, there is only an empty shell left until now.

A large amount of debt, a large number of layoffs, the business of the three major companies closed, and the company's stock fell to a freezing point.

Such a company is powerless and has no profit at all. They have been in the red for a year.

Eventually, Samsung Group also had to lose expectations of Samsung Electronics' largest subsidiary. Samsung Group can't save the largest subsidiary, Samsung Electronics.

Samsung Electronics Corporate Headquarters.

President Li Jianxi sat at the head of the conference room.

His expression was a little lonely, a little sad, and a little helpless.

He never imagined that Samsung Electronics, a Fortune 500 company, would declare bankruptcy during his tenure!

Yes, the parent company, Samsung Group, has bankrupted Samsung Electronics.

"Ladies and gentlemen, today is the day that our Samsung Electronics Corporation declares bankruptcy. Now, people whose names I read can stay on and go to other subsidiaries of the Samsung Group. If you don't want to stay, you can also resign. As for those who didn't pronounce their names, I'm sorry. Li Jianxi said in a deep voice.

There are forty or fifty large and small high-rise buildings in the conference room.

Although they were mentally prepared, they couldn't help but cry and be disappointed when they heard the news.

"Are you really going bankrupt?"

"We've held on for so long, we've held on for so long. We thought we would get through it. I didn't expect to escape the doom in the end......"

"We held it up for 2 or 3 years, I don't know how much money was spent. A lot of old books have been exhausted. And the Samsung Group behind it also posted a lot of funds into it. Until now, I just had to go bankrupt. ”

"Alas......"

"There is still a glimmer of life when the name is read. I didn't read my name. It's just being fired. When the time comes, I will have to look for a new job. ”

"Song Chengxian, Li Bingjun......" Li Jianxi began to read the name.

Soon, when Li Jianxi finished dealing with this matter. He asked people to announce the news of the bankruptcy of Samsung Electronics.

As soon as this news came out, it immediately spread all over the stick itself.

At the same time, it soon spread around the world.

After all, Samsung Electronics is only a subsidiary of the Samsung Group. But it's a Fortune 500 company. So the fame and attention are very high.

Today's declaration of bankruptcy is indeed a surprise to many people. But not to the point of shock.

Because in recent years, many people have known that Samsung Electronics was forced by Xingchen Group like Apple!

The law of the jungle!

The weak will always be eliminated.

The next day, all kinds of reports flew all over the sky.

"Global Business Week": A generation of electronic hegemon -- Samsung Electronics Corporation announced bankruptcy yesterday! The person who put an end to it is -- Xingchen Group!

Samsung Electronics is the largest electronics industry company in Bangzi and the largest subsidiary of Samsung Group. In the list of the 100 most famous trademarks in the world, Samsung Electronics is the only stick trademark, a symbol of industry. It was once ranked 15th in the world's top 500, and its annual turnover can reach 180 billion US dollars!

At one time, its Samsung phone was comparable to that of Apple. Samsung Chips is the world's largest chip manufacturer......

However, it is such a powerful company, but it was beaten by Xingchen Group without temper, and even dragged on for 3 years and finally couldn't hold on and declared bankruptcy.

Not even the Samsung Group can save them.

This time, the bankruptcy of Samsung Electronics Company is definitely a huge pain and a huge loss for Samsung Group.

It is equivalent to cutting off one of the right arms of the Samsung Group!

Because Samsung Electronics is the largest subsidiary of the Samsung Group!

The subsidiaries of Samsung Group are: Samsung Electronics, Samsung C&T, Samsung Airlines, Samsung Life Insurance, etc., and its business involves electronics, finance, machinery, chemistry and many other fields.

But Samsung Electronics is the most powerful, and now Samsung Electronics is bankrupt, and Samsung Group is not seriously injured, but it is also seriously injured......

Global Gossip Magazine: The bankruptcy of Samsung Electronics, then Samsung mobile phones, Samsung chips, and Samsung semiconductors will all become a thing of the past and history......

Qin Hailang, who was far away in Yangcheng, also browsed the news in the office of his company.

He wasn't much surprised when he saw the news, and to be honest, this Samsung Electronics company has lasted long enough. At least it's older than many companies.

The main reason is that this company is already powerful, with a lot of original funds and the support of the Samsung Group behind it, otherwise it would have been as cool as Qualcomm.

"Hey, now Samsung Electronics is bankrupt. It also belongs to the world's top 500. So doesn't it mean that I have completed another special mission?" Qin Hailang thought beautifully in his heart.

"Yes, host. At this time, Xiaoxin jumped out and said.

"Ding-dong...... Congratulations to the host for completing one of the special tasks, getting 5 lucky draw chances, and getting 1 million task points!"

Listening to the prompt sound of the system, Qin Hailang suddenly smiled.

He had 9 million task points before, and with the current reward of 1 million task points, he has 10 million task points!

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