Super Dimension Technology Era

South Korea, Sanxin Electronics’ memory particle factory.

Yin Douzhi, who had been working hard for two weeks, dragged his exhausted body and walked slowly towards the dormitory with heavy steps.

Suddenly he was tapped on the shoulder.

"Uh... Senior Yingnan." Yin Douzhi turned his head and said hello.

The person who tapped him on the shoulder was also wearing work clothes and thick glasses. Quan Yingnan took out a box of Arirang from his pocket, opened it and handed it over: "Want one?"

"Thank you, you're welcome." Yin Douzhi thanked him first, then took out a cigarette from the box, took the lighter, and lit it eagerly.

call! He took a long breath and seemed reluctant to exhale. The smell of tar tobacco after a long separation made him drunk.

In fact, it was the suffocation caused by the smoke that caused him to hold his breath for too long.

Quan Yingnan on the side was also puffing away.

The two of them smoked as they walked. It wasn't until most of the cigarette was smoked that Quan Yingnan raised his glasses and said, "Fighting spirit, have you heard?"

"What?" Yin Douzhi, who was a little confused, replied subconsciously.

Quan Yingnan looked around and whispered, "The company has decided to lay off some employees."

"..." Yin Douzhi was stunned for a moment, and after a while he asked nervously: "Senior, didn't the company just lay off employees last month?"

Quan Yingnan continued to whisper: "The company's memory sales are not ideal, and this company has lost another 460 billion (equivalent to 2.76 billion Chinese dollars)."

"Hallelujah! Why do we have a price war?" Yin Douzhi said bitterly.

South Korea's long-standing three-point ax finally met its opponent for the first time.

Sanxin and Hynix, two memory chip manufacturers, have always used government subsidies, counter-cyclical price wars, and cheap labor to defeat other competitors.

In 2012, the memory chips of Sanxin and Hynix accounted for 70% of the world's memory chip market, and the rest were Micron and other small manufacturers in the mid-range market.

By 2015, Sanxin's market share dropped to 15.3%, Hynix's market share dropped to 11.4%, and Micron's market share was only a pitiful 8.1%.

Who controls the market?

Of course, it is the Chinese semiconductor manufacturers that are making great progress. Yangtze Memory has obtained 28.4% of the market share, and Ziguang has obtained 21.5%.

Although SMIC only occupies 12% of the market, the memory chips produced by SMIC are all top-notch products and are high-tech and high-value-added.

The three-pronged strategy of Sanxin and Hynix failed directly in front of China, because the production speed of domestic chip production lines is about 7 to 8 times that of foreign countries.

The comprehensive cost of memory chips of the same level among domestic manufacturers is only about 20 to 40% of that of Sanxin and Hynix.

This gap has resulted in a price war in which domestic manufacturers still have a way to retreat, while Sanxin and Hynix have no retreat.

Everyone lowers the sales price by 50%, which may result in less money in the country, while Sanxin and Hynix are directly losing money.

It can be sustained in the short term, but once the vicious competition lasts for a long time, Sanxin and Hynix will definitely be unable to bear it.

The memory particle price war has been going on for almost two years as of July this year, with an average monthly loss of hundreds of millions of dollars. Who can withstand this kind of war of attrition?

If there is a possibility of defeating the other party, then Sanxin and Hynix can grit their teeth and persevere, but it is a pity that domestic manufacturers do not give each other a chance at all.

While fighting a price war in the mid- to low-end market, they are also rapidly developing high-end and top-end products. Manufacturers such as SMIC, which exclusively produce high-end and top-end products, have not been seriously affected by the price war.

Sanxin can still absorb part of its production capacity on its own, but Hynix is ​​already on the verge of running out of business.

Quan Yingnan patted Yin Douzhi on the shoulder helplessly: "Dou Zhi, the layoff may reach 50% this time, so be mentally prepared."

Damn it! Yin Douzhi cursed in his heart. He still had a mortgage and a car loan. If he lost his job, he would be finished.

After the two returned to the dormitory and had a meal of kimchi rice cakes and instant noodles, they were very anxious about the layoffs and tossed and turned in bed all night.

The cruel reality of the times is that once the dam breaks, those in low-lying areas will always be the first to be harmed.

They are powerless and can only bear the impact silently. They can either find jobs again and get a chance to survive; or they can be like parasites living on carrion and rely on their parents' support; or they can become outcasts and live on the streets, or even starve to death in the steel jungle.

In the hot and irritable night, countless ants at the bottom are waiting for the arrival of tomorrow. Maybe some people hope that the sun will never rise.

Three days later.

Yin Douzhi, who was testing memory particles in the workshop, was called into the manager's office. He was confused from beginning to end.

He doesn't remember the back and forth, nor the despair of others. He only remembers those cold words: "Yin Douzhi, you are fired."

Like other fired employees, Yin Douzhi walked out of the factory in despair and left the factory where he had worked for more than five years.

Helplessness and confusion filled his heart, his pupils lost focus, and he walked towards the dormitory in a daze.

bump……

A drop of warm liquid splashed onto his forehead, and Yin Douzhi couldn't see clearly until the blood-red pool came into his eyes.

"..."

Quan Yingnan's lifeless eyes were staring at him, and his whole body was already in a pool of blood, and the air was frozen at this moment.

Yin Douzhi could no longer hear the sounds around him, only the low beating of his heart was left, and his mind went blank.

He just stood there quietly, like a lonely ghost.

He didn't know how he got back to the dormitory, nor how he moved out and returned to the old house in the country.

Looking at his parents who were busy making kimchi, Yin Douzhi didn't dare to look directly at his parents. He could only hide in the room and stare at the ceiling in silence.

In my mind, the pool of blood could not dissipate for a long time.

The decline of South Korea was as comprehensive and rapid as a dam bursting.

The three pillar industries of semiconductors, electronic appliances, and automobiles have completely collapsed, and the wave of factory layoffs or salary cuts has become increasingly turbulent.

Sanxin headquarters.

Li Jianxi, who is in poor health, looks at the increasingly bad operating situation and feels a sense of disintegration and depression.

"Father, our Sanxin Electronics factory in China has completely shut down. If this continues..." Li Zaiyong hesitated.

Li Jianxi didn't know what his son wanted to say, but he couldn't help it now.

This is not a battle between Sanxin and Chinese manufacturers, but two giants fighting behind the scenes. Sanxin is caught in the gap, which is destined to be a tragedy.

If they want to surrender, the United States behind them will not agree; if they continue to resist, Sanxin is now severely weakened and the risk of bankruptcy is increasing day by day.

SK Group, which also controls Hynix, LG Group, which owns LG Electronics, and Hyundai Group, the parent company of Hyundai Motor, are all facing a life-and-death decision.

After decades of hard work, most of it has been robbed by Western forces after the 1998 financial crisis, and now even the last piece of underwear is almost gone.

It's a pity that they are on the wrong team and are destined to become victims of the game of the times.

In order to save the four major groups, Li Jianxi had to summon the presidents of the other three groups. A secret meeting to determine life and death was held in a villa in Seoul.

The presidents of the four major groups in South Korea were all present, and their uneasiness and anxiety could be seen in their expressions.

Maybe they are not the low point of the times, but they are definitely not the high ground of the times.

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