Chapter 1699 Meet again

Author: Shihanjie

Chapter 1699 Meet again

Wang Lin knew a little Korean, but asked him to read the Korean newspaper fluently. Is it still too big?

He could only guess and see the content roughly.

Suddenly, he saw a familiar figure.

It was Kim who met him once in a bar last night.

She was wearing black hair hanging from a waterfall tray, and was wearing a strap skirt with white strawberry flowers on her body. She exposed her neck like snow and crispy skin. The hem of the skirt only covered her knees. The belt of the same color around her waist tied her waist with a slender grasp, making her look more plump.

She is completely different from what she looked like last night.

She was really like a fox last night.

And this morning she looked more like her original appearance and more like a college student at school.

She was carrying a schoolbag and looked around.

After feeling the attention of Wang Lin, she turned her head and looked over.

She blinked her charming eyes, took two steps ahead, and said in Korean: "Have we seen it? Last night at the bar?"

Wang Lin nodded and said, "Are you rushing to school?"

Kim said: "No, I'm going to interview a crew, and I don't know if it will succeed."

Wang Lin said: "Do you have time? Do you do me a favor?"

Kim asked, "What's the matter?"

Wang Lin said: "I don't understand these newspapers very well. Can you read them to me?"

"Reading newspapers?--You are not a South Korean?"

"I'm Chinese."

"International students?"

“I’m here to travel.”

"Oh--In recent years, many Chinese have come to our Seoul for a trip."

Kim took the newspaper handed over by Wang Lin, took a look first, and smiled and said, "Why do you want to read such a newspaper? This is our local news newspaper."

Wang Lin said: "I just want to know what happened in your city recently. You don't have to read too carefully, just choose to tell me the news reported above."

Kim read it to Wang Lin while watching.

When she read the three words "Semiconductor", Wang Lin said: "What report is this?"

"Semiconductor? This." Kim said, pointing to a report in the newspaper.

Wang Lin said: "Can you please help me read this report carefully?"

Kim looked at him in surprise, obviously thinking that the tourist was a little weird, but she still read it to Wang Lin very enthusiastically.

This is an analysis article about the first three quarters of South Korea's semiconductor industry.

In 1995, South Korea's semiconductor sales in the first three quarters were US$12.3 billion, of which 91% of the shares came from the United States, Japan, Europe and other regions.

South Korea's semiconductor production scale has jumped to fourth place in the world, second only to the United States, Japan and Germany.

In the semiconductor industry, South Korea mainly drives semiconductor exports with DRAM output offensive. The sales in 1995 are expected to reach US$15 billion, accounting for 85% of the total semiconductor output. At the same time, South Korea's import trade has developed at a growth rate of 43.7%, with an import value of US$335 million.

90% of Nanguo semiconductor output products are memory chips, while the input semiconductor products are mainly Asic circuit chips.

When Wang Lin heard this, he couldn't help but nodded secretly, thinking that the analysis and summary of this article were very objective.

South Korea's semiconductor industry has made late efforts and insufficient technical accumulation. At the same time, the technical threshold required by the semiconductor industry is very high, and it often takes several years or even decades of technological accumulation to achieve essential breakthroughs.

You should know that the beginning of South Korea's semiconductor industry is generally believed to be in 1959. Venus, the predecessor of LG, developed and produced South Korea's first vacuum radio. At that time, South Korea did not even have the ability to independently produce vacuum tubes.

During the same period, my country's Jinling Radio Plant produced electronic tube radios as early as 1953 and put them on the market in large quantities.

South Korea's semiconductor industry, which started later than my country, grew from a barren land to the third largest semiconductor country after the United States and Japan. It is the original accumulation brought about by the "middle-low-end" "big-head industrial effect".

Their main industry is to do storage technology.

Leading companies such as Samsung and Hyundai have spared no effort to develop new generations of memory chips and technologies.

From 1991 to 1995, South Korea's storage industry grew 8.3 times, but this part of the fund was provided by the Political Department and the chaebol in a tight internet network of affiliates and loans.

In this growth, South Korea's intervention in the industry has laid hidden concerns.

The Department has seriously overbuilded the semiconductor industry through joint ventures and loan programs.

When South Korea's economy declines, the semiconductor market will inevitably collapse.

When talking about the economy, we cannot do without the overall global situation.

The development of semiconductors is inseparable from the trends in the global market.

Driven by strong personal computer sales and explosive growth in the digital consumer electronics market, the semiconductor market grew 40% in 1995 to $154.7 billion in revenue.

In a high prosperity, the semiconductor industry began to expand production frantically.

The prosperity will lead to decline. This is the law of nature.

The crazy expansion of the industry ultimately led to an oversupply of DRAM.

Many semiconductor manufacturers were forced to adjust their production plans and suffered a severe recession, and many manufacturers left the DRAM market.

The first thing that couldn't hold on was Dongyang's semiconductor manufacturers.

Because of the continuous sanctions and suppression of the United States, the tariffs of Dongyang have been raised, and more and more Dongyang companies cannot support it, causing a storm of factory closures.

Every semiconductor company is a tiny individual in the big era, and a grain of dust from the era will be a mountain when it falls on any company.

If you don't be crushed by a speck of dust, you have to cross that mountain.

Entrepreneurs need great patience, perseverance and strength to ensure that their companies continue to prioritize technology during a sluggish period, not lag behind the market, and then accumulate strength and make a laugh to the end.

But only a few people can laugh to the end.

Perhaps it was precisely because of this semiconductor analysis report that President Gu of LG Group was shocked.

Wang Lin’s guess is good!

As the third generation successor of the family business, the current President Gu is also a person with a very business sense.

After reading this industry analysis paper, he quickly came to a conclusion:

Starting next year, the semiconductor industry will enter a period of decay, and the ice age of the industry is coming!

Based on this understanding, President Gu made a quick judgment and immediately contacted Wang Lin to negotiate cooperation matters.

As we all know, there are four major consortiums in South Korea, which some people call them chaebols.

The foundation of South Korea's heavy industry, policy inclination, and social culture in the end, the future of social wealth and industrial upgrading are concentrated in the hands of these chaebols.

The initial DRAM production pioneer in South Korea was the four largest "chaebols" in South Korea: Samsung, Hyundai, Daewoo, and Venus.

Although LG is also one of the major chaebols, it is still much inferior to these four major chaebols.

Companies such as Samsung can use the support of the whole country to fight the semiconductor industry to the end.

But LG doesn't have such confidence.

The recession and recession of the semiconductor industry are just a signal of the arrival of the global financial crisis.

The trade path in the next few years will be particularly difficult to walk.

This is also the reason why Wang Lin contacted LG to discuss cooperation.

Because he knew that LG wouldn't be able to hold on!

But I didn't expect that this moment came so suddenly and just right!

After listening to Kim reading this article, Wang Lin knew it.

"Thank you, Kim."

"Huh, how do you know my name?"

"Oh! Last night, I heard your classmates call your name."

"That's it! Do you still know I'm a college student?"

"Haha, I heard you talk about it yesterday."

"You are so interesting. Why are you eavesdropping on us all the time? I see there are many beauties around you! Why do you have to pay attention to other beauties?"

"..." Wang Lin wiped his face awkwardly and smiled, "We are so close, I don't need to eavesdrop, I can hear your voice."

Kim chuckled, "I understand, you want to say, we are talking a little loud, right?

Wang Lin said: "No matter what, thank you today."

He took out his wallet and took out a hundred dollars: "This is the labor fee for you."
To be continued...