Vol 6 Chapter 700: Tough decisions

Seeing Mr. Luo leaving without knowing why, Cummins said, “Boss, from the resume, Mr. Luo obviously focuses more on technology. Behind this, the exchange rate has little impact on their industry. Clearly, it is excusable."

Feng Yiping shook his head, "No, as the head of a multinational company with factories and R&D centers all over the world, and whose products are mainly exported, if he has not realized the impact of exchange rates on the company, it is extremely unqualified."

Yes, the answer to the question Feng Yiping just asked Mr. Luo is the exchange rate.

From an insider's point of view, whether it is the decline of Japanese manufacturers, the rise of Korean manufacturers, and the ups and downs of American and German manufacturers, there is a red line that is invisible to people outside the industry, and that is the exchange rate.

Including the current Qimonda, all manufacturers that have launched the memory market, whether it is IBM or Motorola in the United States, NEC or Hitachi in Japan, in fact, their fate is really not completely in their own hands.

Under the general exchange rate trend, if there are no outstanding entrepreneurs who can turn the tide, the drift of professional managers will only make the company disappear in the tide.

For example, NEC and Hitachi were still among the top three in the early 1990s, but the appreciation of the yen caused by the Plaza Accord and the subsequent collapse of the bubble economy gradually reduced their competitiveness.

After the Seoul Olympics, South Korean manufacturers looking at the world seized the opportunity. Samsung, Hyundai Electronics and LG Semiconductor successfully caught up to enter the top six.

Or we can say that the long-term depreciation of the won is the engine of South Korea’s economy. Each rapid depreciation caused by the financial crisis is like a life-saving shot for export-oriented Korean companies.

South Korea's real rise in the memory market was in 1997. In 1997, during the Asian financial crisis, South Korean companies had too high debt ratios and insufficient foreign exchange reserves, and the tightening of debts in Europe and the United States caused the won to plummet by 60% within a few weeks at the end of the year.

This plunge has greatly enhanced the export competitiveness of South Korean companies. In 1998, South Korea surpassed Japanese companies in the DRAM sector. (The Asian financial crisis and the subsequent series of measures have a major impact on South Korea. If we think about it, we will know , That is, since then, there has been Hallyu).

Qimengda is the first manufacturer unable to sustain this round of competition. It can be said that it has a direct relationship with the exchange rate.

Because of the subprime mortgage crisis and the U.S. government’s disagreement with its allies, in order to save itself and wanton easing, the euro appreciated sharply against the U.S. dollar and reached its highest point in the third quarter of last year... From this point of view, the reason why Qimonda The first to be out is also a bit of a non-war crime.

But as witnesses and direct parties to the rise and fall of this market, they are completely unaware of this point, or fail to appreciate the importance of this point, that is impossible.

Gary Cohen, who came after Mr. Luo left, also agreed with Feng Yiping’s point of view, “He must know the fluctuations in selling prices and revenue caused by the exchange rate. If this is the case, the impact of the exchange rate on the industry cannot be seen. ..."

He kept shaking his head, as many people on Wall Street could see this.

Hmph, don't think that Wall Street will only create and solve problems. We are equally good.

If a company like Qimonda has a closer relationship with Wall Street, if it has already cooperated with Wall Street, then it would not be so fast to find a Wall Street company as their bankruptcy client.

Feng Yiping looked at his watch, and the child’s mother said that no matter what, she must accompany her for a walk in the afternoon, "Well, let’s not talk about this, let’s discuss issues that should have been discussed a long time ago, and finalize this deal earlier. "

"It must be no problem," Cummins said. "From the two of them visiting back and forth, at least it can be seen that they are really anxious."

Feng Yiping smiled, yes, they are really anxious.

Cohen also laughed, "It is certain that Infineon, the major shareholder, is so eager to leave the big burden of Qimonda."

Feng Yiping felt that his smile was a bit ill-intentioned, but, hehe, he liked it.

Of course, Infineon and Qimonda are in a hurry.

Germany’s bankruptcy laws are quite strict, and the payment of related costs is a little too late, and you must also apply to the court to enter the bankruptcy process. The reason why Qimonda has not been declared bankrupt at the moment is that Infineon, which has been miserable, has paid Qimonda allocated a sum of money and hanged it for a few days.

This is the dowry that Peter Bauer is willing to pay, and it is also their last effort and goodwill.

…………

The headquarters of South Korea's Samsung, the meeting is still going on.

The participants all stared at the chairman who was on the main seat, but after a while, they didn't mean to speak when meeting the chairman, and everyone consciously looked away.

Under such circumstances, if you look at it further, it is equivalent to oppression.

After about a few minutes, the chairman finally said, "For smartphones, we must develop our own operating system."

"Investment must be increased, regardless of cost!" He looked at Cui Zhicheng and said.

"Yes," Cui Zhicheng stood up and replied respectfully.

At this moment, his mood is a bit complicated.

The president's decision has actually set the tone.

If the company with Feng Yiping used to cooperate mainly, then in the future, especially after the successful development of its own operating system, it will most likely be confrontational.

In this process, there will be too much uncertainty, and when he thinks that the opponent is Feng Yiping, he can't see the future after this.

In other words, Mr. Cui, who promised very firmly, had no confidence in confronting Feng Yiping.

And this does not rule out other possibilities. For example, if Feng Yiping is aware of their actions, will he unilaterally withdraw Android’s authorization to Samsung?

If Android did this before the success of Samsung’s self-developed system, it would have sentenced them to death. Although this would arouse the vigilance of other mobile phone manufacturers, he believed that as long as Feng Yiping and them do adequate explanations, it is not It is impossible to get the understanding of mobile phone companies other than Samsung.

Putting it on the table, on the one hand, eating other people’s free lunch, on the other hand, you also want to turn other people’s restaurants into your own, which can be regarded as a despicable act.

Although in the market, it doesn't matter whether the methods are despicable or not, but from the end point of view, Samsung has exploded because of this and successfully developed an alternative system in a short period of time. It is also not optimistic.

Mr. Cui didn't understand it before, but after reading the preparations for Android's launch, he also understood the importance of the ecological chain to an operating system.

The operating system for smart mobile devices developed by Samsung wants to build an ecological chain, even if they are really a super cosmic power, they will certainly not be able to do it.

As a mobile phone manufacturer, a powerful mobile phone manufacturer, Samsung and all other mobile phone companies in the market are originally in a competitive relationship. Under such circumstances, we also hope that other manufacturers install Samsung’s operating system... Ha ha, that You can only think about it in a dream.

The consequences of not being able to form an ecological chain, Qimonda’s today, is a good inspiration.

If it, like other manufacturers, also uses additive technology, it may not fail so quickly.

And what is the difference between Samsung, which uses a self-developed system in the future, and Qimonda, which uses a grooved solitary system?

When really deciding that ~www.wuxiaspot.com~ will confront Feng Yiping's company next, I remembered what Feng Yiping said many times, "Confrontation is the most meaningless thing, and cooperation can achieve a win-win situation." Cui couldn't help but feel a lot of emotion.

I originally thought that it was just a rhetoric. Now think about it, even if it is a rhetoric, it is a very reasonable rhetoric, and Feng Yiping might actually follow such a rhetoric.

At this time, the chairman added, "Remember, keep it confidential."

He quickly stood up again and replied respectfully, "Yes!"

The president's supplement gave him a lot of peace of mind. This shows that the president obviously also thought of the uncertain consequences that such a decision might bring.

However, the thoughts that followed caused him to "sud" in his heart. Could it be that the president also didn't have much confidence in the confrontation with Feng Yiping?

He glanced at the guild leader, only to see the dignity of the guild leader's face, no, definitely not, the guild leader, he was just...cautious, yes, just cautious.

. m.