Chapter 2697: Digging Hynix

It is relatively easy to make money in India by making mobile phones.

As for the few existing local mobile phone companies in India, they basically make a living by OEMing some copycat mobile phones from China. The better ones also OEM ZTE smartphones... They are all playing the tricks of middlemen.

If Asda directly exits the market, attacks with a strong brand like Motorola, and competes with the ultimate cost-effectiveness, it is conceivable that it can sweep the entire Indian mobile phone market within a few years.

However, India has a problem.

This is a country with a large population, but it is not developed enough. It is similar to the country in the 1980s, and it also has very strict financial control requirements. In other words, if foreign companies make money in India, they are not allowed to move it out of India.

Money earned in India needs to be spent in India.

This is a bit troublesome.

India is different from China. You can buy basically anything by spending money in China, and there are many high-quality assets. And as long as the money is earned legally, there are ways to transfer it out through channels under the sun. I have made money in India, but there is no open and transparent channel to transfer the money out.

In this regard, Asda must exercise restraint.

Don't be blind to money.

We must learn from the Silicon Valley giants and not use all our intelligence and wisdom on building gray channels to transfer wealth in India. Later, some domestic mobile phone companies encountered some troubles in this regard in India. They made money in India and did not want to invest in India to help India's long-term development. They all wanted to transfer the money out.

India is now similar to what it was in China in the 1980s, but it has embarked on a rapid development path. It will probably not take a few decades for it to develop and become a large economy that attracts the attention of the world.

Many Silicon Valley technology companies have gone to India, and even if they make money, they still can’t take it away. However, American companies are accustomed to the market economy and are more confident in policy stability and openness. They are investing in India for the long term.

As long as India develops, the money invested in India will be taken away sooner or later.

The more developed you are, the more open you must be.

If India does not open up after becoming developed, it will be abandoned by the whole world. Indian leaders cannot do such a stupid thing. Many large European and American companies have entered the Indian market with optimism about the future. It doesn’t matter if you make money now or not, you can look at the long-term development.

Another more important point is the system of listed companies.

If you make money in India, you can't take the money away... It won't have much impact on listed companies. The money can still be counted in book profits and can still drive up the stock price.

In other words, after making money in India, it doesn't matter whether you can take the money earned from India away. Whether this money is placed in India, the United States or the Cayman Islands, it is the company's profit and can be reflected in the soaring stock price.

Zhou Buqi told Zhou Shaoning that it was okay to enter the Indian market, but don’t be eager for quick success, let alone excessively provoke their laws and regulations. Just follow the footsteps of those Silicon Valley giants, see what Google, Apple, and Microsoft are doing, and learn from them. .

For domestic companies to do overseas business, the best choice is actually India.

India is so backward.

Going to India to compete is really a bit of a dimensionality reduction. Many small companies have made one to two hundred million a year. With just such a small amount of money, they can transfer the money out just by thinking of some small tricks.

Not so good with Asda.

India is such a big market, and Asda has developed in the past. It can earn billions of dollars a year at least. I don’t know how many people are watching such a huge sum of money. It is almost impossible to transfer it out of gray channels.

It’s better to develop it honestly and long-term!

"Okay, let's do it!"

Zhou Shaoning got the support of the big boss and made up his mind.

Zhou Buqi said: "By the way, we must be serious about our cooperation with SK Hynix and give it the highest level of attention."

"ah?"

Zhou Shaoning didn't quite understand.

Zhou Buqi said with a smile: "Cui Taiyuan, the chairman of SK Group, is a bad guy. He was caught embezzling public funds to speculate in the stock market. Now SK Group is leaderless and the stock price has plummeted to nothing. Otherwise, how could Hynix be willing to accept the customized terms?" Transfer to us via a modern mobile phone?”

Zhou Shaoning nodded, "I'm looking for help!"

Zhou Shaoning said: "The technical difficulty of mobile phone flash memory chips is much lower than that of processor chips. The threshold is low, and competition will only become more intense. Without Asda's cooperation, Hynix may go bankrupt."

"Ah?" Zhou Shaoning was a little surprised, "No way?"

Zhou Buqi waved his hand, "It's not important. We just need to show the importance of Astar to Hynix. Without Astar, Hynix will go bankrupt. We must strengthen the important role of Astar to Hynix." . Let Hynix be willing to be humble and small in its long-term cooperation with Asda."

In the future, Hynix will grow into an unprecedentedly powerful technology giant and become the most important business in SK Group, just like Samsung Electronics is to Samsung.

However, the current Hynix is ​​not very good.

In particular, Chairman Choi Tae-won was arrested.

Many old customers are sitting on the fence. There are so many companies around the world that make flash memory, memory, and hard disks, and they are no less powerful than Hynix. Why must we cooperate with Hynix?

This is also the reason why the Cui family will take the initiative to show their kindness in every possible way when Zhou Buqi goes to South Korea.

If we don't firmly seize the opportunity to cooperate with Esda, Hynix is ​​really in danger.

Zhou Shaoning asked tentatively: "Do you want to have some strategic cooperation on equity?"

Zhou Buqi smiled and said: "I also have this idea. Contact them more and see their attitude. It is best to make a strategic investment. If the strategic investment is really achieved, Hynix's flash memory and memory can become Asda in the future." The first choice for mobile phones.”

Zhou Shaoning frowned slightly, "You also said that the difficulty of flash memory chips is much lower than that of processor chips. The domestic supply chain system is also growing rapidly, such as Yangtze Memory, which is doing quite well and the cost is low enough. When it gradually matures , I am also planning to have Yangtze Storage supply our mid- to low-end machines in the future.”

Zhou Buqi pondered for a moment and then said slowly: "Yangtze River Storage has the nature of a state-owned enterprise."

"ah?"

Zhou Shaoning was slightly startled.

Zhou Buqi said: "This is something that can't be helped, just like Gree Electric Appliances. Although Gree is doing very well now, if Gree wants to have a larger share of the overseas market and further gain recognition from the overseas market, then Equity reform must be carried out. Without transforming into a private enterprise, Gree Electric will not be able to truly be number one in the world like Lenovo and Haier in overseas markets. In a market economy, the most important thing is to resolve the concerns in the market. Let consumers consume with trepidation.”

Entrepreneur Ms. Dong's company is called Gree Electric Appliances. It is a subsidiary of the state-owned Gree Group and holds nearly 70% of the shares.

This is too much.

If Gree Electric Appliances wants to achieve greater development and have greater market space in overseas markets, it must carry out equity reform, cut off the relationship between Gree Electric Appliances and Gree Group, and change Gree Electric Appliances’ voice from state-owned to private. It falls on Miss Dong personally.

If it does not change, Gree Electric's development will easily hit the ceiling, and its business will not rise but fall. (Gree changed in later generations. Gree Group’s shareholding was reduced to 18%. Gree Electric Appliances became a private enterprise. Ms. Dong finally no longer had to look at the leader’s face to make decisions. But the action was too slow. It was already too late. She had encountered a bottleneck. It was changed because there was really no other way. If it was delayed for too long, the market backlash would be serious.)

It is entirely reasonable for overseas markets to worry about this.

Just like flash memory chips.

This thing is a chip that stores data. There are a series of very complex algorithms in the chip. No one knows whether there is a backdoor, and it can be connected to the Internet through mobile phones... For example, Hynix's flash memory chip. If Hynix wants to cause harm, they will You can add a backdoor to your own flash memory chip. If any mobile phone uses Hynix's flash memory chip, individual user information and data can be transmitted to SK Hynix Group through Hynix's flash memory chip.

Who is not worried about this?

Fortunately, it is a foreign market that trusts Korean companies and does not think that private commercial companies like Hynix can do such immoral things.

But other companies may not do this!

There is precedent for this kind of thing.

Such as Microsoft.

When the United States and France started working together in the communications industry, some people suspected that key data of French companies had been stolen through Microsoft's system backdoor, which led to the United States' ultimate success.

Later, the European Union became extremely strict and cautious in supervising Silicon Valley giants, and instead gave a green light to Chinese, Korean, and Japanese companies. This is how a number of Asian companies such as Samsung, LG, Lenovo, Huawei, Haier, and Gree became successful in Europe.

Aisida must take precautions in this regard.

Don't really find it on yourself, that will be troublesome.

Zhou Buqi said: "In the future, we can develop in a multi-track manner. China, as well as some countries in India and Africa, can use Yangtze Memory's flash memory. Those mobile phones sold to South Korea, Japan, Europe and the United States should still use Hynix's flash memory."

Zhou Shaoning said in a deep voice: "Then I will go to South Korea right away, talk to Hynix, and strive to strategically invest in Hynix! The company now has more than 7 billion US dollars in available cash on its books, which is enough to invest in Hynix."

Zhou Buqi smiled and said: "I agree. The share price of Hynix is ​​at its lowest point now. Investing now...not to mention the strategic significance, even if it is just from an investment perspective, you can have more than ten or twenty times the capital in ten years." income."

Zhou Shaoning invested in Hynix from the perspective of business strategy, not to make money. He laughed and said: "Can you really make so much?"

Zhou Buqi said: "Only more! Don't underestimate Hynix. SK Hynix of SK Group is equivalent to Samsung Electronics of Samsung Group. Do you think this is important? There is no chance to invest in Samsung Electronics. The stock price is too high and I can’t afford to invest in it. Hynix is ​​very good and now is the best time to buy at the bottom.”