Rebirth: My dad is a coal boss
Chapter 508
In the hotel's private room, Lin Hao, Lee Kun-hee, Lee Jae-yong, and Lee Boo-jin were sitting at the dining table.
Lee Kun-hee was very talkative, talking about everything from humanities to history, and finally about business.
"Mr. Lin, we reached a cooperation with Panasonic of the island country some time ago. Are you interested in the semiconductor industry?" Lee Kun-hee asked Lin Hao.
"Yes, I am a little interested. Mr. Liu of Lenovo and I made a bet to see whose technology company will develop better within 5 years. I happened to mention this when I was chatting with Chairman Fumio Ootsubo. He was very interested and proposed cooperation, so I also invested 10 billion US dollars for fun."
Hearing Lin Hao's pretentious words, Lee Kun-hee seemed calm, but Lee Jae-yong and Lee Boo-jin couldn't help but be moved. After all, 10 billion US dollars is definitely a huge amount of money for a giant company like Samsung Group!
You know, last year, in 2002, Samsung's total revenue had dropped by 25%, and its net profit fell by 18%. Although Samsung's annual revenue was about 71 trillion won (equivalent to about 62 billion US dollars) that year.
This is just revenue data, not actual profit. In Samsung Group, if you want to decide to invest tens of billions of dollars in a project, you must go through countless in-depth and detailed market research, internal discussions, and various meetings and discussions. Only after going through layers of checks and careful consideration can you finally make a decision.
However, at this moment, Lin Hao so easily said such a Versailles statement as "investing 10 billion US dollars for fun". Li Zairong stared at Lin Hao. If it weren't for Lee Kun-hee's presence, I'm afraid he couldn't hold back his inner impulse and wanted to loudly question where Lin Hao got the confidence and self-confidence from.
Lee Boo-jin looked at Lin Hao. Although she felt that Lin Hao's words were a bit exaggerated, she knew about Lin Hao and the Chinese government's 160 billion US dollar investment plan. 10 billion US dollars might be an astronomical figure for others, but it was not too much for Lin Hao.
"I believe you, Mr. Lin, you also know the strength of our Samsung in the electronics field. We are the world leader in chip and screen technology, and other semiconductor technologies are no worse than those of the island countries. The glory of the island countries in semiconductors is a thing of the past, and their technology has begun to lag behind. Mr. Lin can consider cooperating with Samsung. Samsung will definitely not let you down."
"Samsung is a very great company, especially Samsung Electronics. I think chips and screens will be crucial links in the future development of science and technology. Naturally, I hope to cooperate with Samsung to explore the possibilities in this regard."
Li Zairong, who was standing aside, couldn't help but interrupt when he heard Lin Hao praising Samsung: "Mr. Lin, our Samsung's technology is the top in the industry. The amount of investment you make in cooperation with us cannot be less than that of Panasonic."
Li Zairong looked at Lin Hao with a little pride. Didn't he just say that 10 billion US dollars was just for fun? Now he wants to see how Lin Hao answers.
Lin Hao looked at Li Zairong, who looked like Xiao Ma Ge, with a silly expression. In Lin Hao's impression, this old man should be very calm, serious, and always with the same expression. How could he be so reckless now?
However, thinking that Li Zairong has not taken over Samsung yet, and is not the Samsung chairman who has gone through countless business experiences and experienced the baptism of wind and rain in the future, he is just a young man who is just starting out and eager to prove his ability and value in front of his father.
Lin Hao smiled, "I have enough funds to provide sufficient R&D support for Samsung. At the same time, I also have certain resources and connections in China, which will help to open up the Chinese market, but I don't have to cooperate with Samsung. LG, SK, and Hyundai have also invited me."
Lee Kun-hee was silent for a moment, and was extremely disappointed with his son's recklessness. This time he wanted to cooperate with Lin Hao because the revenue of Samsung Group has been declining in recent years, but the performance of Samsung Electronics is very impressive. He took a fancy to Lin Hao's financial resources and his network in China. If he could cooperate with Lin Hao, with Lin Hao's funds, and further open up the Chinese market, then for the entire Samsung Group, it would be like adding wings to a tiger.
"Jae-yong, you have the right to interrupt here, apologize to Mr. Lin, Mr. Lin, I'm sorry, my son is young and frivolous, and he speaks without restraint." Lee Kun-hee said.
When Li Zairong heard what Li Jianxi said, his face turned red, but he still stood up and bowed to Lin Hao and said, "I'm sorry."
Lin Hao looked at Li Zairong who bowed to apologize to him and said with a smile, "It's okay, young people can"Understandable."
Hearing this, Li Zairong's face became even redder. He was already over 30, much older than Lin Hao. Now he was called a young man by Lin Hao. How could he bear it?
"Mr. Lin, I really hope to cooperate with you. Samsung has technology, and you have funds. Our cooperation must be a win-win situation. You can ask for any conditions." Li Jianxi said to Lin Hao.
Listening to Li Jianxi's words, Lin Hao sneered in his heart. Whether it was Daping Fumio or Li Jianxi in front of him, they were eyeing the funds in his hands and wanted to share a piece of the cake.
Lin Hao naturally valued the technology in their hands, but everyone had their own little tricks. When they got the money, they just gave themselves some outdated technology and fooled around. They would still suffer.
However, Lin Hao also had his own calculations. You want my money, and what I want is to steal the house. Let's see who has the better means at that time.
"Chairman Li's proposal is indeed tempting. But such cooperation requires both of us to discuss the details in depth. Why don't we let our teams make contact first and see if there is a possibility of further cooperation. "Lin Hao said with a smile.
"This is what I should do. I was too impatient. Mr. Lin can try this soju and see how it compares to Chinese liquor?" When Lee Kun-hee heard what Lin Hao said, he immediately changed the subject and stopped talking about business matters.
Then the atmosphere was unusually harmonious. Lee Jae-yong learned to be smart and didn't say a word afterwards. Instead, Lee Boo-jin and Lin Hao talked a lot.
After the end, Lin Hao left the Shilla Hotel. Lee Kun-hee, Lee Jae-yong, and Lee Boo-jin watched Lin Hao's motorcade leave. As soon as the motorcade left the sight, Lee Kun-hee turned around and said to Lee Jae-yong.
"Go back and reflect on yourself. How can I trust you to hand over the company to you when you are like this?"
Listening to his father's words, Lee Jae-yong clenched his hands tightly.
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