I Want To Be a Rich Man on Hong Kong Island - Chapter 691
Chapter 691 【Solution】
March, Hong Kong.
Wu Guangyao and Wu Xiancheng, father and son, came to Tianshuiwei Industrial Park and inspected the factory of Xiaomi Electronics;
Wu Xiancheng is the youngest son of Wu Guangyao and Lin Yueru. He is also 27 years old this year. He is the heir of Zipper Group and Xiaomi Electronics.
Walking into the factory of Xiaomi Electronics, you can feel the oncoming high-tech atmosphere;
Xiaomi Electronics is one of Wu Guangyao’s most willing to spend money in recent years.
Chief Executive Officer Li Zhiqiang brought a group of senior executives to usher up;
“Boss, Dong Wu!”
Without too much politeness, Wu Guangyao nodded and said directly: “Take us to inspect the semiconductor factory first!”
Li Zhiqiang made an invitation with his right hand to accompany Wu Guangyao and his son to the semiconductor factory;
While walking, Wu Guangyao asked, “What is the price of 64K DRAM now?”
Li Zhiqiang replied: “40 cents per piece! Now we will lose 80 cents for every piece produced!”
Wu Guangyao didn’t care at all, but instead said: “Well, our chance is here!”
South Korea’s Samsung likes to play this way, and Wu Guangyao likes to play this way even more!
Now playing DRAM counter-cycle, the loss is at most hundreds of millions of dollars, which is not worth mentioning to Wu Guangyao;
By the 1990s, the threshold to play this will be as high as several billion dollars;
In the past 21st century, the mainland invested more than 60 billion U.S. dollars to research and develop semiconductors. The effect is certainly not as good as the current investment of hundreds of millions of U.S. dollars; therefore, the more you join this battle, the more you can take the initiative in the future.
The only trouble is that the United States will impose anti-dumping sanctions on Japanese semiconductors in 1987, and the tariff will be increased to 100%, while South Korea’s only 0.8%;
At that time, I just don’t know if the United States will focus on Hong Kong’s semiconductor industry;
Prepare for the worst. Even if the United States raises tariffs on Hong Kong semiconductors, Wu Guangyao is not worried;
Because in 1991, many major US customers with chip demand would complain to the US, which led to the US lifting of sanctions on Japanese semiconductors;
In the past, many semiconductor manufacturers in Japan abandoned DRAM production one after another during those five years, leading to Samsung coming from behind.
Wu Guangyao has made up his mind that if the United States imposes sanctions on Hong Kong’s semiconductors (plus tariffs), then it will madly reduce prices and subsidies on its own side; as long as it persists for a few years, it will be time to harvest.
Li Zhiqiang said: “Boss, there is also news from South Korea that Samsung Semiconductor is also expanding its production capacity!”
Wu Guangyao nodded and said, “It’s very simple. We are not the only smart people! Don’t think it’s a loss-making business now. As long as the competitor falls down and the price rises, it is equivalent to a monopoly.”
Li Zhiqiang said: “Behind Samsung, there is the support of the South Korean government! However, we also have the advantage-Hong Kong has the lowest tax rate, which is equivalent to government support in disguise! If you are struggling with financial resources, Samsung Group is not an opponent of the boss.”
Wu Guangyao’s wealth is huge, and now it can’t be hidden at all;
The market value of its listed companies accounted for 21% of the total market value of the Hong Kong stock market;
And everyone knows that Wu Guangyao has many companies that are not listed, but they are no worse than listed companies.
Wu Guangyao has always wanted to hide wealth, and finally discovered that even if part of the wealth is hidden, the media in the world still regard himself as the’world’s richest man’.
Of course, although Wu Guangyao has been exposed, but he has many sons and is distributed in various countries, so he finally has a big back player.
At the DRAM factory, Wu Guangyao inspected very seriously and asked many questions of the executives carefully.
Finally, Wu Guangyao said: “I have two requirements:
First, continue to expand the output of DRAM and continue to push down prices;
Second, the company is making every effort to develop larger memory. 4M DRAM technology is no longer uncommon; then 16M DRAM technology is what we should develop against time;”
Wu Guangyao added: “Don’t be afraid to spend money, I have no budget in this investment!”
Without a budget, you can invest without limit.
At this time, Xiaomi Electronics has no shortage of scientific research personnel at all. It has hired a large number of European, American and Japanese engineers. At the same time, electronic engineers in Hong Kong have also matured;
So, there is no problem with technology!
Moreover, at this time, the lithography machine is not as monopolized as in the previous life. There are no less than five lithography machines in Japan, all of which are world-class lithography machines;
Wu Guangyao never thought of entering the field of lithography machines. The more that thing goes to the back, the more he can’t play, he needs a huge parts supply chain to support;
Of course, Wu Guangyao also has a second hand. The fundamental reason why the Japanese lithography machine lags behind the Dutch ASML in the past is that it did not grasp the concept of ‘immersive lithography machine’;
In this life, Wu Guangyao intends to use Lenovo Group to interfere with Japan’s Ricoh, Nikon, and Canon. As long as one company takes this move, one more choice will soon be available!
Next, Wu Guangyao visited the LCD screen area, color TV area, air-conditioning area, and refrigerator area of Xiaomi Electronics.
Wu Guangyao positioned Xiaomi Electronics as the main development direction of semiconductor + LCD screen + home appliances;
Although the business overlaps with Lenovo Group, the market itself is large enough.
Moreover, Wu Guangyao intends to position the home appliances produced by Lenovo Electric as high-end products;
The home appliances produced by Xiaomi Electronics are positioned in the low-end products.
Similarly, the overlap of business can be controlled to a minimum;
As for the field of personal consumer electronics, Xiaomi Electronics will not enter;
This gives Sony enough room for development!
Don’t think that Wu Guangyao is a layman, but without Wu Guangyao, Sony would not have made such a big achievement at all;
For example, in the future DVD, VCD, U disk, MP3, smart phone and other products, Wu Guangyao only needs to give a few words, and the engineer is like a beacon;
To put it simply, Jobs did not understand the technology of smart phones, he just provided an idea;
When MP3 was invented, it was only a Samsung executive who thought of an idea. As a result, Samsung became the inventor of MP3.
Wu Guangyao likes to read newspapers, he must read several newspapers every day;
On this day, Wu Guangyao saw the news about Amico and immediately remembered something.
“Aiming Gao is not surnamed Liu. It seems that the kid has thrown away his shares at a high point, waiting for the bottom hunt!”
“As the saying goes-only Thousand Days is a thief, there is no Thousand Days to guard against thieves; it seems that I have to make some preparations too!”
Wu Guangyao picked up the big brother on the desk and dialed Liu Yu’s big brother;
“Come to my office!”
After a while, Liu Yu came to Wu Guangyao’s office.
Wu Guangyao said: “Purchase some of the stocks of Amerco in secret, don’t let people detect it! The price cannot exceed 1.3 Hong Kong dollars!”
Liu Yu sat on the sofa and said puzzledly: “Boss, Ai Meigo is now 2.1 Hong Kong dollars per share!”
Wu Guangyao said with a smile: “I didn’t tell you to buy now, just buy it when you fall down!”
Liu Yu seemed to have grasped something. He became nervous and asked tentatively: “The boss said that the stock market is risky?”
Don’t blame Liu Yu for being nervous. In his eyes, Wu Guangyao is the **** of stocks. There is no one.
Wu Guangyao knows that if I don’t say a few more words, I am afraid it will affect the normal operation of Everbright Securities.
“The general environment of the stock market is not risky, but now that speculation is prevailing, I have a prediction that small and medium stocks may have a big drop!”
Liu Yu was shocked, this boss can now judge the local changes in the securities market!
“Well, thank you boss for your advice!”
“Just pay attention to it, there is no need to be overly nervous!”
After Liu Yu left, Wu Guangyao laughed knowingly!
The reason why Liu Yu secretly bought the stocks of Aimei Gao, Wu Guangyao was also worried that the kid Liu dare to stroke his beard in the future;
Although, their shareholdings in listed companies are basically above 50%;
But if you can teach this kind of people a lesson, Wu Guangyao is still very happy.
(End of this chapter)