After leaving the highway, Zhang Ke accompanied Tang Xueqian and Xu Ruiping for a walk on the riverbank. Occasionally, he was distracted to look at the sparkling river under the riverbank.

In 1998, Jinshan Lake broke its dike, and the water poured all the way to the Jiujiang River on the edge of the urban area before it was blocked by a temporary earth dam. The new area was flooded. Now there is no sign of being flooded from the river in front of us. This is only separated from the construction site of Zhongjing micro core Jinshan factory by a Metasequoia forest, and there are stone barges along the ten meter wide river. It is sandwiched between a main road, and the river embankment green belt is planted with willows. At the turn of spring and summer, the tender Blue Willow silk has a certain shape. On the surface, the damage caused by the flood to Jinshan and the East China Sea seems to have been almost healed.

The construction cycle of Zhongjing micro core Jinshan factory is long. The factories of Kewang high tech and Xinyuan electric appliance nearby are built very fast, and they have become a scale in more than three months.

The person in charge of Xinyuan electric in Jinshan is Ding Wenxiang's niece and son-in-law and Ding Lihua's husband Zhou Xiaobing. They are all acquaintances. Zhang Ke accompanied Tang Xueqian to visit the factory of Xinyuan electric.

They went through the path between Metasequoia forests. Metasequoia trees were covered with new leaves. The forests were full of tender green weeds and unknown purple flowers. They were busy in government affairs and business, and rarely had the experience of walking through the fields.

Zhang Ke also told Tang Xueqian that Ding Wenxiang was interested in Zhou Xiaobing's outstanding ability and was very interested in his niece Ding Lihua and Zhou Xiaobing. When Xinyuan electric had no scale, although Ding Wenxiang was an excellent private entrepreneur in Haizhou, he still had a strong traditional thought of inheriting his father's business; He got his son late. His only son is now in junior high school, so he needs a role as an excessive successor. Zhou Xiaobing was the candidate he was looking for at that time - but over the years, Xinyuan Electric has also developed very rapidly. Ding Wenxiang's idea of managing the enterprise has changed, especially in 1997, in order to obtain the support of Jinhu and expand its disc player business, With the reorganization of Xinyuan on a larger scale with five other disc player enterprises, Xinyuan electric gradually eliminated the color of family enterprises, completed the transformation to an electronic enterprise with a modern enterprise system, recruited high-quality professional managers on a large scale, and achieved the management system of Xinyuan at this time. However, Zhou Xiaobing has always been Ding Wenxiang's most powerful arm.

"You know these gossip news?" Tang Xueqian asked Zhang Ke with a smile.

"Mr. Xu often talks about the wisdom of the market. I met Mr. Xu when we were free. We played chess, drank tea and talked more about these gossip. Should Xu Ruiping often hear these market rumors?" Zhang Ke asked Xu Ruiping.

Xu Ruiping smiled and said, "I don't see my father as often as you do. Even if I talk to my father on the phone, most of them will be punished, and there are few rumors in the market..."

Xu Ruiping worked as a Secretary for Tang Xueqian, and his wife and children lived with him in Jinshan all the year round. They had few opportunities to return to Haizhou. They didn't often meet their father Xu Hongbo, and they often asked about the cold and warm on the phone. They rarely talked about work. Xu Ruiping sometimes feels strange that his father has nothing to say to Zhang Ke.

Before walking to Xinyuan Electric Appliance Factory, Zhou Xiaobing had been waiting there.

"The speed of Xinyuan is very fast. It seems that the factory can be opened soon..." Tang Xueqian stood in front of the factory gate, looked at the factory and said with emotion.

Before the Spring Festival, it was still a wasteland without tiles. At this time, it was a straightened plant area. Straight roads crisscrossed the plant area. The plant was tall and new. Gardeners were paving lawns on the open space in the plant area, and there were a few trees.

"The construction materials of the assembly plant with long-span steel structure are prefabricated parts, which are connected by bolts. It's like panel furniture. The factory produces good luck to install it on the construction site, and the ground is leveled with cement. Even if the plant is completed... The speed is faster than the traditional factory construction," Zhou Xiaobing introduced the construction of the plant, "The first batch of workers have also been trained for one month. In almost another month and a half to two months, the first mobile phone we produced in Jinshan factory will be born from the production line..."

"It's really good. When your factory produces the first mobile phone, I'll come and have a look again..." Tang Xueqian's hometown is Xintai. However, he spent his middle-aged and young life in Haizhou. He feels more friendly to Haizhou. He pays special attention to Xinyuan electric appliance, which is a native enterprise of Haizhou. In addition, the rise of Xinyuan electric appliance in Haizhou is also a matter after Tang Xueqian became the master in Haizhou, and has a very close relationship with Jinhu.

"We were afraid that we would disturb governor Tang. At that time, we would dare to send invitations to governor Tang and Ke Shao..." Zhou Xiaobing said.

"It's enough for you to invite governor Tang. Forget me. I don't want to run a long distance for a meal," Zhang Ke joked and refused, "but you're fast enough."

At present, Xinyuan electric mainly produces mobile phones for Jinhu and Lianxin. Zhang Ke knows that the orders obtained by Xinyuan electric now only need Haizhou factory to complete the task, and Jinshan factory does not need to be opened before the middle of the year.

Zhou Xiaobing then smiled. Even if he asked Zhang Kefa for advice, he didn't think he would make a special trip. What he wanted to do was not according to his nature. He said: "there's no way to be unhappy. Kewang has obtained sales licenses in Singapore and Malaysia, and Kewang is talking about buying a telecom enterprise in India..."

Listening to Zhou Xiaobing's words, Zhang Ke understood that Xinyuan electric appliance was not willing to keep its achievements and didn't want to make progress. He smiled and said, "Xinyuan is going to open up overseas markets?"

"Maybe we will follow in the footsteps of Kewang and test the Indian market first..." Zhou Xiaobing said. This may be a very important trade secret of SGD in front of others, but it really can't be considered a trade secret in front of Zhang Ke.

Tang Xueqian was very excited to hear that the export-oriented economy in the province has always been relatively poor. If both enterprises aim to export electronic communication products to Southeast and South Asian markets, it will undoubtedly make a great improvement in the export-oriented economy in the province. He said: "India's telecommunications market is relatively complex, you should be fully prepared, and the Provincial Department of foreign trade and economic cooperation will provide convenience for you at any time..."

Since India's domestic telecommunications system needs to be reformed every two years, since 1997, India has encouraged private investment in telecommunications infrastructure. At one time, hundreds of telecommunications enterprises have sprung up in India. The strength of so many telecom enterprises in India is naturally a mixture of fish and dragons, fish and eyes. Those with weaker strength may be able to buy one for only US $12 million. At present, the acquisition of Indian telecom enterprises by foreign capital is strictly limited, and the shareholding shall not exceed 49%. Before the further reform of Indian telecom industry system, the acquisition of Indian small and medium-sized telecom enterprises is of little significance. However, Kewang's acquisition of Indian small telecom enterprises should pave the way and clear the obstacles for its mobile phone products to enter the Indian market.

India's mobile communication market at this time is similar to that of China in 1995 and 1996, and is in its infancy.

Although India's population is second only to China, India's economic development level is low, the polarization between the rich and the poor is more serious, and the construction of telecommunications infrastructure is backward. When mobile phones are still luxury for civilians, the capacity of India's mobile phone market is far lower than that of China.

Although Jinhu has also developed the South Asian market at this time, it is not particularly strong.

The situation is not invariable. India's telecommunications infrastructure is also slowly improving. It can be predicted that after the popularization of mobile phones, the Indian mobile phone market will be very expected. Xie Jiannan should see that the ESS mobile phone chipset developed by Jinhu will be the key to the popularization of mobile phones, so he took the lead in laying out the Indian market.

For a long time, Xinyuan Electric has been competing with Kewang. In particular, the Ministry of information industry officially closed the door to the domestic mobile phone market in mid April and announced that it would not issue new mobile phone licenses within three years. In the mobile phone industry, Xinyuan is in a similar position with Kewang, and it should take steps to press.

Zhang Ke initially agreed that when Xie Jiannan purchased ess mobile phone chipsets from Jinhu, he limited Kewang's products to China within two years, forcing Kewang to only use existing marketing channels to deliver mobile phone products to Southeast Asia and South Asia. Xinyuan Electric is not slow to catch up. While OEM mobile phones for Jinhu, Lianxin and other enterprises in China, it should also follow behind Kewang and focus on the markets in Southeast Asia and South Asia.

"This year... This year should be a key year for the popularization of mobile phones," said Zhang Ke, looking at the new factory in the distance. "At least let the ordinary working class no longer feel that mobile phones are luxury. This is a goal of Jinhu in the past two years."

"The mobile phones produced by Lianxin and Kewang high tech with ESS mobile phone chipsets are introduced to the market, and the market sales fluctuate between 1400 yuan and 1500 yuan. In fact, the customized mobile phones provided to China Unicom have stepped into the ranks of 1000 yuan. Even so, Lianxin and Kewang high tech still have considerable profit space in customizing mobile phones," Xu Ruiping smiled, "I think the task of popularizing mobile phones has fallen to China Unicom and China Mobile..."

"I'm ashamed," said Zhang Ke with a smile. "Years ago, I tried my best to give up the radical market expansion plan... China Unicom really wanted to implement the radical market expansion plan. At this time, I'm afraid the mobile communication tariff has decreased substantially." Several people present are qualified to know the secrets. Xinyuan electric appliance is also a direct part of China Unicom's development of customized mobile phone business. It's also free to talk about these.

"Let Unicom prepare more, so as to have stronger competitive strength. The so-called speed is not up," Tang Xueqian said with a smile. "Everyone needs time to prepare."

Following Tang Xueqian's eyes, Zhang Ke looked back and found that the factory of nanocrystalline microchip is much more complex than the general assembly factory. In particular, the construction of ultra clean workshop is an arduous task. It will take almost a year to complete and put into trial production.

Of course, this is only one aspect of preparation.

Even though the second-generation enhanced ess fundamental frequency chipset, which has entered the testing stage, has been applicable to most medium and low-end mobile phone models, it can not be claimed that Jinhu's technology in mobile phone baseband and and RF chip has matured. There is still a trade-off between sacrificing function to ensure performance. Only when the third-generation and fourth-generation technologies are developed can we really accumulate some foundation 。

Both the second generation ess fundamental frequency chipset that is being mass produced at this time and the second generation enhanced ess fundamental frequency chipset that is entering the testing stage are designed on the 0.35 micron thread platform, and the Xinpu factory of Zhongjing microchip is capable of mass production. At this time, the handset chip R & D department of Oak Park uses 0.25 micron thread to design the third generation ess fundamental frequency chipset, which requires Jinshan workers Only when the factory is completed can it be mass produced.

It will take about a year for the third generation ess baseband chipset to be put into use. It will also take about a year for the Jinshan factory of the micro crystal chip to be completed and put into operation. It will also take about a year for the mobile phone manufacturing base built by Xinyuan and Kewang high tech in Jinshan to be completed in the first stage (at this time, Kewang will also be added) - there is really no difference during this period, Almost this time next year, we can deliver low-cost mobile phones to all parts of China, Southeast Asia and South Asia, and completely turn mobile phones into civilian communication tools.

Kewang and Xinyuan started the layout of overseas markets in advance at this time, which is also a good time.

After years of decrypting the plan at this time, many people may wonder why Jinhu allowed Kewang to participate. Some people even doubt what trap Jinhu set for Kewang again. Zhou Xiaobing is not confused. He has been familiar with the business style and bearing of Jinhu over the years, It is this kind of bearing that makes Jinhu take shape as a chaebol in China's special political environment.

Indeed, Jinhu has begun to take shape as a chaebol. Since most people do not believe that the domestic political environment can tolerate the existence of such a chaebol style private economy, but it does exist and is still very stable, Zhou Xiaobing does not know which private economy in China can shake Jinhu, even in specific industrial fields, Zhou Xiaobing also doesn't believe that any specific central enterprise can shake Jinhu in fair competition - Hongxin in eastern Zhejiang obviously can't.

Li Zaizhu has also been dizzying with the subversion of the new economic bubble.

In 1998, Samsung was almost devastated and destroyed by the Asian financial storm swept away. Although this time is different from the Asian financial storm in 1997 and 1998, at least the destructive power at this time is limited to the field of Internet investment, which may affect the fields of telecommunications and electronic infrastructure manufacturing, and the impact on traditional industries will be small, But the impact on Samsung is also significant.

Samsung has been paying attention to the development of memory chip business in recent years. The memory chip market accounts for almost one-third of the whole semiconductor market. Since the mid-1990s, Samsung has ranked first in the memory chip market, and the memory chip business has become Samsung's main source of profit.

In the past two years, the new economic wave has led to a sharp increase in global Internet and telecommunications investment, and the market demand for memory chips has also surged, which is also an important reason why Samsung can quickly get rid of the shadow of the Asian financial storm in the past two years.

The situation is quite obvious now, that is, excessive investment in the Internet and telecommunications industry will lead to the bubble crisis of the new economic wave in the global securities capital market. Even if we can get through the crisis at present, the investment in the Internet and telecommunications industry will drop sharply, thus directly affecting the demand for memory chips in the market.

At the emergency discussion meeting of Samsung Electronics in early May, it was agreed that the profit level of memory chip would decline significantly, and even some senior executives would worry about the loss of memory chip business - in 1999, the memory chip business contributed nearly $1 billion in net profit to Samsung Electronics.

It's frustrating that this worry is stuck in my heart. There is a light rain outside the window. Li Zaizhu picks up the phone on his desk and is ready to personally inform Yan Wenjie that Samsung plans to delay the construction plan of Samsung macro core wafer factory.

"... worried about the decline of profit level, shouldn't Samsung move the wafer factory to China to reduce manufacturing costs?" Yan Wenjie asked qualitatively on the other end of the phone. The delay in the commencement of Samsung macro core wafer factory is absolutely negative news for Haisu technology.

"..." Li Zaizhu was also difficult to answer Yan Wenjie's question. He could not tell him that Samsung delayed the construction plan of the new plant in the headquarters, so as to slow down the relocation of the old plant in turn.

Jin nanyong stood at his desk. Yan Wenjie's voice was a little loud on the phone. He also heard it clearly. He knew Hongxin had another plot in Haisu technology. He sometimes thinks that businessmen in this country are really happy. Such naked and undisguised behavior also occurred in the Hg 1960s and 1970s, but they have to converge over the years, just like Lee Kun hee, the spiritual leader of Samsung, who once retired because of the bribery scandal. No matter what Hongxin's intentions in Haisu technology, Samsung naturally can't take into account the gains and losses of other people's interests when making decisions. Although Li Zaizhu didn't directly answer Yan Wenjie's questions, Jin nanyong noticed that his hand holding the microphone was very tight, very firm and had no room for discussion.

"Can we not announce this news for the time being?" Yan Wenjie also realized from Li zaixu's silence that Samsung's decision is difficult to change. Maybe Li zaixu is just the executor. He took a step back and hoped that Samsung could temporarily hide the news and not make it public. In this way, it would not have a direct impact on the stock price of Haisu technology.

Li Zaizhu is also happy to see Hongxin, who doesn't deal with Jinhu, be stronger. He doesn't mind helping Hongxin with such a small favor. He said, "I'm always willing to help others within my scope of authority."

Putting down the phone, Li Zaizhu pinched his eyebrows with his fingers to relieve his tense nerves. Orer asked Jin nanyong in front of the office: "can Hongxin pose a threat to Jinhu in China?"

Jin nanyong shook his head without expression. Before the sharp decline of the NASDAQ index, Jinhu will complete the reduction of 17 million shares of Kunteng online shares and complete the equity transaction of global music online with Microsoft. The capital of US $1.7 billion will provide a new impetus for the next development of Jinhu, or Jinhu is lucky again, Or the top management of Jinhu has the best grasp of the global economic situation - the real industry of Jinhu is obviously in the safe area of this crisis. What does Hongxin rely on to threaten Jinhu?

Li Zaizhu smiled bitterly. The answer was obvious. He asked more just now.

In the past few years since he came to China, he has a deep understanding of the human customs of the Chinese people. Even if the Chinese government does not support Jinhu, it has not excessively clamped down on it. This can be clearly judged from the performance of Jiang Minzhi, the new governor of Donghai province. If Hongxin did not have special help from the Chinese government, It is impossible to pose an industrial threat to Jinhu.

Hongxin's industries are mainly concentrated in shipbuilding, energy, steel, real estate and engineering construction. In fact, Jinhu's large-scale entry into shipbuilding, steel, real estate and engineering construction industries in the past two years has put great pressure on Hongxin. Hongxin branch could not have an impact on Jinhu's core industries - Consumer Electronics, home appliances, chain home appliance stores Papermaking - causing the slightest shake.

It seems that people in China are only familiar with Jinhu's mobile phones and disc players, and rarely know that iPlayer is Jinhu's sharp weapon for making money in overseas markets. By the end of 1999, Jinhu had sold more than 2 million iplayers in overseas markets. The selling price of IDA iPlayer abroad ranges from US $199 to US $699. Jin nanyong speculates that the profit margin of Jinhu will not be less than 40%, which may even be much higher than this figure, which means that Jinhu has made huge profits of more than US $300 million from the overseas market just by iPlayer in the past two years.

Jinhu has always been used to taking the Spring Festival as the beginning of the new year and adjusting its market strategy with the Spring Festival as the dividing line. In early March, in addition to upgrading the whole iPlayer, Jinhu also significantly adjusted the price of high-end iPlayer products in North America, Europe and Rb markets, and adjusted the price of iPlayer overseas to the range of US $199 to US $499. In March and April, the sales volume of Jinhu iPlayer products in overseas markets rose sharply. It will not be very surprising that the total sales volume of Jinhu iPlayer in overseas markets will reach 5 million pieces by the end of this year.

Li Zaizhu believes that although Jinhu has lowered the price of high-end iPlayer, due to the enhancement of Jinhu's control over the overseas market and the further dilution of R & D and manufacturing costs, Jinhu's profit margin on iPlayer will not decline, which means that Jinhu can directly win nearly $400 million in profits from the overseas market this year with only one iPlayer product.

Li Zaizhu also knew that the intention of Jinhu to place its overseas business under Jinhu commercial was to improve the financing ability of Jinhu commercial in the overseas market. With Jinhu's profitability in the overseas market, it can bear almost six to ten times the amount of creditor's rights, and Jinhu commercial has an excellent reputation in the overseas Chinese circle. Even though Jinhu commercial's financing behavior in 1998 was like taking advantage of the fire, once a virtuous circle is formed, Jinhu commercial will not feel much difficulty in raising the amount of creditor's rights to $4 billion this year.

In this way, Jinhu has barely been able to be Samsung's opponent.

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