I want to be a chaebol - Chapter 283 South Korea’s third largest consortium

“Brother, if Samsung Electronics continues to be a follower in the smartphone industry, then Samsung Electronics will never be able to take the throne in the consumer electronics industry. Samsung Electronics may be able to produce a product that is comparable to the Galaxy S1 in two or three months. of smartphones.”

“However, we at Gaojin Electronics have always had the habit of designing one generation, developing one generation, and releasing one generation. When you see the Galaxy S1 series of smartphones, the research and development of Galaxy S2 has entered a critical stage, and we will apply more emerging technologies to Galaxy S2. . I hope that both Samsung and LG will soon join the smartphone lineup, so that the mobile phone industry can develop faster.” Song Yi’s answer was very appropriate. Unlike before, Chen Zaiyong can also be regarded as his brother-in-law. He is still I have to give Chen Jae-yong some thin noodles.

After Chen Zaiyong left, Gu Guangmo also walked up to Song Yi to congratulate Song Yi, “Gaojin Electronics gave us a huge surprise this time. I believe many media will start reporting on the Galaxy S1 tomorrow. Smartphones. Gaojin Electronics has a very mature and large technical team. If you had not personally promoted the Galaxy S1 project, I estimate that it would take at least two or three years to wait for the Galaxy S1 mobile phone to be released.”

Song Yi smiled and did not respond to Gu Guangmo’s question. Although LG Group and SA Group are allies, LG Electronics provides mobile phone screens for Galaxy S1 mobile phones, LG Chem provides batteries for Galaxy S1 mobile phones, and memory chips for Galaxy S1 series mobile phones are also provided by Liangxi Wafer Fab in mainland China.

The more successful the sales of Galaxy S1 series mobile phones are, the more profits LG Group will get from SA Group. Of course, Gu Guangmo hopes that the debut of the Galaxy S1 series of mobile phones will be successful. However, if the Galaxy S1 series of mobile phones are too successful and shake LG Electronics’ position as the fifth largest mobile phone manufacturer in the world, Gu Guangmo will feel the pressure. . I am afraid that this is because I am afraid that my brother will have a hard time, and I am even more afraid that my brother will drive a Land Rover.

Moreover, Gu Guangmo also knows that sooner or later, Gaojin Electronics will enter the research and development field of mobile phone screens and mobile phone batteries. In the future, all Galaxy series mobile phones will use mobile phone screens or mobile phone batteries independently produced by Gaojin Electronics. Only in this way can they make as much profit as Samsung Electronics. Take almost all the profits from the mobile phone industry chain.

Song Yi knew Gu Guangmo’s concerns and gave him reassurance, “Guangmo, I know there are many differences within the LG Group about the cooperative relationship between LG and SA. It is Chairman Gu and you who have been insisting.”

“In addition to smartphones, our SA is also preparing to start the research and development of electric vehicles. At that time, our SA electric vehicles will continue to purchase battery packs from LG Chem. I hope that the relationship between our SA Group and LG Group can maintain the principle of ‘seeking common ground while reserving differences’ , within the basic framework of common development.” Song Yi said.

Gu Guangmo heard what Song Yi said and understood what he meant. No matter how SA Group develops, he will always pay attention to maintaining a good cooperative relationship with LG Group.

Gu Guangmo shook hands with Song Yi, “I am now considered the son-in-law of the SA Group. Naturally, I hope that we, LG and SA, can coexist peacefully. As you said, the way out for the Korean consortium is outside but not inside. The Korean market is so big. , no matter how much we dig into it, there isn’t much potential. We LG and SA still need to help each other and stay together in overseas markets.”

Zhou Zhiyi was a little unhappy when he heard what Gu Guangmo said, “Husband, what does it mean to be considered the son-in-law of the SA Group? You are the son-in-law of the SA Group. My mother is the vice president of the SA Group, and I am the director of the SA Group. I am the communication bridge between LG and SA. One family does not speak the same language, everyone lives in harmony and makes a fortune together.”

Most of the other media at the press conference have left. Only the Dong-A Ilbo and ABS TV station stayed at the end. Li Xianzhen wanted to complete an exclusive interview with Song Yi, and Zhang Enying wanted to say hello to Song Yi before leaving.

Seeing that ABS TV station had not left yet, Zhang Enying felt a little regretful knowing that Song Yi would definitely leave the opportunity for this exclusive interview to ABS TV station.

Gaojin Electronics released the Galaxy S1, the world’s first touch-screen, non-physical keyboard smartphone at its autumn new product launch tonight. The release of this phone is sensational and will definitely make headlines in the three major newspapers.

If the Dong-A Ilbo can get ahead of Chosun Ilbo and JoongAng Ilbo and complete an exclusive interview with Song Yi, it will definitely attract many readers and even bring new subscribers to the Dong-A Ilbo. .

Choi Won-seok has withdrawn from the newspaper management of “Donga Ilbo”, and the power of “Donga Ilbo” has been transferred from Choi Won-seok to Jang Eun-young.

As the actual manager of the newspaper, Jang Eun-young naturally wants to develop the Dong-A Ilbo into South Korea’s largest newspaper. No matter from which angle, Zhang Enying needs to continue to maintain a good relationship with Song Yi.

Zhang Enying found the right opportunity to say goodbye to Song Yi. She reluctantly shook hands with Song Yi and said goodbye, her middle finger accidentally sliding across Song Yi’s palm. “President Song, today’s summer new product launch conference of Gaojin Electronics really impressed me. If I I can’t grab the Galaxy S1 phone on the official website, so I hope Chairman Song will make it easier for me to become one of the first users of the Galaxy S1.”

Of course Song Yi wanted to give Zhang Enying this face, “The main problem with Galaxy S1 at present is insufficient production capacity. Luxshare Technology in the Mainland has started to use spare production lines and is working overtime to start producing Galaxy S1 mobile phones. After these mobile phones pass customs and arrive in South Korea, , I will definitely reserve two for you.”

Seeing that Song Yi was so knowledgeable, Zhang Enying smiled. Seeing that there was no one around, she said to Song Yi: “Thank you, President Song. I will take Sun Ji to visit you in a few days. Cooperation between “East Asia Daily” and ABS TV station I have to wait for you to make up your mind about the direction. After all, you are Shan Ji’s ‘father’.”

After Zhang Enying left, ABS TV station officially started an exclusive interview with Song Yi. Li Xianzhen and Song Yi, who were wearing suits, sat on the coffee table to start the interview. There was a Galaxy S1 mobile phone on the white coffee table, which was placed vertically on a stand.

“Hello, Chairman Song, thank you for taking time out of your busy schedule to accept an exclusive interview with our ABS TV station. First of all, the first question is, when did the Galaxy S1 mobile phone project start? Can you tell me more about it?” Li Xianzhen asked.

“Actually, this idea was very early, around 1997 or 1998. The actual research and development started almost in 2002.” Song Yi answered.

“In four years, Gaojin Electronics has been sharpening its skills this time. Galaxy S1 brought great surprises to consumers as soon as it came out. Compared with traditional mobile phones, Galaxy S1 has a larger screen and is more entertaining. Stronger too.”

“From your perspective, do you think the Galaxy S1 is currently an entertainment tool or a productivity tool.” Li Xianzhen continued to ask.

“The current Galaxy S1 mobile phone is an entertainment and learning tool. You can listen to music, watch movies, play games or log in to social networking sites and browse various latest information on the Galaxy S1 mobile phone. However, the Galaxy S1 mobile phone is not yet able to create videos, pictures, Words or tables are not productive tools.” Song Yi judged.

Li Xianzhen continued to ask, “What you are talking about is temporary. In the future, Galaxy series mobile phones will gradually transition from entertainment and learning tools to productive work. This means that Galaxy series mobile phones will become necessary tools for people’s entertainment, study and office work, just like computers. .If the rise of Galaxy series mobile phones means the decline of PC computers?”

Song Yi heard Li Xianzhen ask this and glanced at her. This question was an improvisation of Li Xianzhen’s and was not included in today’s interview plan.

“I think the rise of smartphones represented by the Galaxy series will replace some of the functions of computers, but it will be difficult to completely replace computers. Just like the rise of PC computers, it has not completely bid farewell to TVs in the living room at home.”

“As time goes by, smartphones with larger screens, larger memory and higher-performance processors will appear in the future. We have already begun trying to port Kart Racing to Galaxy series phones.”

“Since the Galaxy series of mobile phones can run large-scale PC games like “Kart Runner”, professional production tools such as Office and Adobe can be transplanted to the SuperOS system. By then, the Galaxy series of mobile phones can replace part of the work of PC computers.” Song Yiwei Tao Lai.

Li Xianzhen heard this and continued to ask a key question, “You are saying that the SuperOS system is not a closed mobile phone system, and Gaojin Electronics will also cooperate with other manufacturers such as Microsoft, right?”

Song Yi replied, “The SuperOS system has never been a closed mobile phone system. We also welcome other manufacturers, studios or individual developers to cooperate with the SuperOS system. SuperOS will release more and more games developed by other game manufacturers. .”

Li Xianzhen continued to ask, “If other mobile phone manufacturers want to enter the smartphone industry, but they do not have the time and energy to create a mobile operating system as complete as SuperOS, is Gaojin Electronics willing to open the SuperOS system to such mobile phone manufacturers?”

“In addition to Windows, PC computer operating systems also include Apple’s macOS and Linux systems. SuperOS is still very immature, a bit similar to early macOS. When the time is right, SuperOS will consider open source.” Song Yi did not avoid it.

“Thank you, Chairman Song. Let me ask a question that everyone is most concerned about. During the new product launch, the Galaxy S1 phone fell to the ground. Was it the established process of the launch, or was it just an idea of ​​yours?” Li Xianzhen asked.

“There was no part of the autumn new product launch conference where the phone was dropped. At least my assistant didn’t know about it. I also apologize to her here. She seemed to be scared. If the phone fell to the ground and the screen cracked, then this This autumn new product launch conference has become a disaster for Gaojin Electronics.” Song Yi gave the answer.

“The Galaxy S1 series mobile phones use a 3.5-inch capacitive touch screen provided by LG Electronics. This touch screen is not as fragile as everyone thinks, but it is not indestructible. In order to protect this touch screen, the phone at our launch event was actually covered with a tempered film. , but this tempered film is very thin. If you don’t look carefully, you can’t see it at all.”

Song Yi picked up the mobile phone on the coffee table and handed it to Li Xianzhen. Li Xianzhen looked at the phone carefully and confirmed the existence of the tempered film.

“Indeed, if you don’t pick up the phone, you can’t see the tempered film at all. The most amazing thing is that this tempered film does not affect the touch feel of Galaxy S1. Users can still use their phones normally.” Li Xianzhen said.

“That’s right, the Galaxy S1 mobile phone is on sale. The mobile phone box contains a Galaxy S1 mobile phone, a wired headset with a 3.5mm interface, a charging head, a USB data cable, and two tempered films.”

“There are operation videos on the official website of Gaojin Electronics and the homepage of inschool to teach users how to apply tempered film. As long as they take the time to watch the video, they will know how to apply this tempered film.” Song Yi reminded.

“Actually, there are many users who are pursuing a bare-metal feel. What suggestions do you have for these bare-metal users?” Li Xianzhen asked.

“The Galaxy S1 mobile phone screen is just a 3.5-inch LCD screen. Its material is actually not much different from an LCD TV screen.”

“Unlike a TV fixed on the wall, your phone needs to be carried with you. If you hit the TV screen with a rock or scratch the TV screen with a key, the TV screen will still break.”

“For users who are pursuing the feel of bare metal, I hope they will not put their mobile phones and keys in the same pocket to avoid being scratched by the keys. In particular, avoid touching the phone screen with sharp objects, and do not challenge the hardness of the screen. After all, replacing the screen is quite expensive. Yes.” Song Yi joked.

Li Xianzhen stood up and shook hands with Song Yi, “Thank you, Chairman Song. This concludes today’s interview. Thank you, Chairman Song, for patiently answering our questions. I also wish the Galaxy S1 series of mobile phones a great success.”

This interview with Song Yi soon appeared on the official website of ABS TV station and was then reprinted on various websites. After Steve Jobs watched Gaojin Electronics’ autumn new product launch conference and Song Yi’s exclusive interview, his face turned pale.

Apple originally planned to hold a product launch conference in January 2007 to release the first-generation iPhone.

As a result, Apple’s iPhone has not yet been officially launched, but Gaojin Electronics’ Galaxy S1 has already been launched.

Steve Jobs originally thought that the iPhone was the world’s first smartphone using a capacitive touch screen. Who knew that the Galaxy S1 released by Gaojin Electronics was actually released earlier. Moreover, the Galaxy S1 series mobile phones are obviously more technologically mature than the first-generation iPhone that Apple is developing.

The Galaxy S1 series mobile phones already support 3G networks. Users who have successfully grabbed the Galaxy S1 series mobile phones have posted the Galaxy S1 mobile phones on the inschool website. There is also a 3G network prompt on the phone screen. Galaxy S1 series mobile phones also remind users whether to activate the 3G network. The 3G network provides faster network services and may incur higher network charges.

The first-generation iPhone being developed by Apple does not support 3G networks, but only 2G networks. Steve Jobs and Apple chief designer Jonathan Ive hope to use a metal body on the iPhone, which will make the phone more textured. However, Apple has been unable to solve the communication problem of metal fuselages. After all, metal fuselages easily block signals. Jobs did not know how Gaojin Electronics solved this technical pain point.

Steve Jobs could only postpone the iPhone launch event in January. The first-generation iPhone could temporarily not use a metal body, but it had to support 3G networks. If the iPhone produced by Apple cannot compete with the Galaxy S1 series of mobile phones, then the launch of the iPhone will be meaningless.

On October 21, Gaojin Electronics announced its first-week sales of 1.2 million Galaxy S1 mobile phones. Even based on the lowest selling price of US$499, the Galaxy S1 series of mobile phones has brought at least US$600 million in revenue to Gaojin Electronics. Gaojin Electronics is making a lot of money this time!

After the first-week sales of the Galaxy S1 series of mobile phones were announced, SA Group’s share price has been in the red for many days.

October 31st. , SA Group announced that it purchased 34% of the shares of East Asia Group at a price of 160 billion won, becoming the largest shareholder of East Asia Group.

On the same day, Dong-A Group Chairman Choi Won-suk resigned from the post of Chairman of the East-A Group due to health reasons. After a vote by the East-A Group Council, the wife of the East-A Group Chairman, Ms. Jang Eun-young, became the Executive Chairman of the East-A Group and the president of the “Dong-A Ilbo”.

In mid-November, SA Media Group was officially established. Ms. Cui Shanji, president of ABS TV station and director of SA Group, served as president of SA Media Group.

SA Media Group includes South Korea’s largest brokerage company SA Agency, South Korea’s second largest entertainment company SA Music, South Korea’s largest theater company HugeDream Cinemas, South Korea’s largest film company SA Pictures, South Korea’s fourth largest television station ABS TV station, planned by SA, Korea’s fifth-ranked advertising company, and Dong-A Ilbo, Korea’s second-ranked newspaper.

In order to comply with regulatory policies, SA Media Group officially announced its separation from SA Group and became a media group company with independent operations and independent financial accounting. SA Group split into two and became two listed companies, SA Group and SA Media Group. The stock name of the former is SA Group and the stock name of the latter is SA Media Group. The market value of SA Media Group exceeds 10 trillion won, and the market value of South Korea is Ranked 12th.

“JoongAng Ilbo” commented that the establishment of SA Media Group is no less significant than the departure of the JoongAng Ilbo Group from Samsung Group in the 1990s. However, the relationship between SA Media Group and SA Group is obviously closer than that between JoongAng Ilbo Group and Samsung Group.

SA Media Group Board of Directors members include ABS President Choi Sun-hee, SA Pictures Kim Woo-taek, Dong-A Ilbo’s Jang Eun-young, SA Music President Ji Jong-hwa, SA Planning President Chen Jae-chan, SA Agency President Kim Min-sook and HugeDream Cinemas President Kim Tae-hee.

After SA Pictures spun off HugeDream Cinemas, Kim Tae Hee officially took over as president of HugeDream Cinemas.

Kim Tae Hee announced her resignation as the chairman of the SA Welfare Foundation and was replaced by Ms. Kim Hee Won, the chairman of the SA Sports Foundation. Kim Hee Won manages both the SA Welfare Foundation and the SA Sports Foundation.

Anyone with a discerning eye can see that the reason why Kim Tae Hee took over as president of HugeDream Cinemas was to help Song Yi firmly control SA Media, the largest media group in South Korea.

Cui Shanhui is the chairman of SA Media Group, Kim Woo-taek is the executive vice chairman of SA Media Group, and Kim Tae-hee is the director of SA Media Group. The three of them are the core of power of SA Media Group.

On January 3, 2007, Gaojin Electronics announced again that sales of the Galaxy S1 series of mobile phones have officially exceeded 5 million units, and sales of this series of mobile phones are expected to exceed 10 million units. Superalloy sports bracelets have sold more than 2 million units.

After the news of Gaojin Electronics was announced, SA Group’s stock price soared again, and the company’s total market value officially exceeded 10 billion won, becoming another super-large enterprise with a market value of more than 100 billion won after Samsung Electronics and Hyundai Motor. .

SA Group has also officially surpassed SK Group and become the third largest consortium in South Korea!

When New Asia Group and Asan Group merged, it was incredible that SA Group became the tenth largest consortium in South Korea.

The hot sales of the Galaxy S1 series of smartphones released by Gaojin Electronics directly caused the market value of SA Group to soar by 400%. From the previous 20 trillion won to the current 100 billion won.

Now there is only one question in the minds of Koreans. It is only a matter of time before SA Group surpasses Hyundai Motor. After all, the market value of the two is not much different, and the gap is only one or two SA media groups.

The problem is that the market value of Samsung Electronics is almost equivalent to 2.5 SA Groups. When will SA Group be able to overthrow Samsung Electronics and become the number one company in South Korea?

The soaring market value of SA Group has also caused Song Yi’s personal wealth to grow rapidly. The market value of various stocks under his personal name exceeds 30 billion US dollars, and his apparent wealth has surpassed that of Hong Kong Island’s richest man, Li Chaoren. If the share price of SA Group can be stable, then Song Yi is expected to enter the top ten richest people in the world in the 2007 Forbes rich list. At the age of 30, Song Yi has become the richest man in Asia!

The original iPhone sold 1.7 million units, did not support 3G, had poor signal quality, and had no metal body. The overall sales of the first-generation iPhone were 5 million units, and the sales of Galaxy S1 exceeding 5 million units is not outrageous.