I want to be a chaebol - Chapter 295 The resentful Chen Xinyu
After Apple sued Gaojin Electronics, the Chosun Ilbo, JoongAng Ilbo, Dong-A Ilbo, and Mainichi Business News reported the news immediately.
Japan’s Fuji TV, TV Tokyo and TV Asahi also discussed in the news whether the Galaxy S series mobile phones will be banned from the United States.
If the U.S. International Trade Commission rules against Gaojin Electronics, not only the Galaxy S1 series of mobile phones will be banned in the United States, but the Galaxy S2 mobile phone released in January next year may also be affected.
The ban on sales of Galaxy S series mobile phones will not only affect the performance of Gaojin Electronics, but also may affect the performance of Sony Electronics. After all, the Galaxy S series mobile phones have always used Sony’s camera modules.
Apple’s lawsuit also affected SA Group’s stock price. When the news first came out, SA Group’s stock price also plummeted, falling 3.4%, and 4.6 billion US dollars evaporated in one fell swoop.
South Korean media joked that the market value of SA Group dropped by one Chen Jianxi every day, and Song Yi’s personal net worth shrank by one Chen Zaiyong every day.
Chen Jianxi and his son were in a good mood, but when they saw the media reports, they couldn’t help but curse. What does it mean to lose one Chen Jianxi every day and shrink one Chen Zaiyong every day?
SA Group’s high market value is mainly based on investors’ high expectations for Gaojin Electronics’ consumer electronics business.
If Gaojin Electronics launches the Galaxy S2 series of mobile phones, and the sales of the Galaxy S2 series mobile phones can achieve sales growth based on the Galaxy S1, then SA Group’s share price will still rise further, and it will only be a matter of time before it surpasses Samsung Electronics’ market value.
If the U.S. International Trade Commission rules against Gaojin Electronics, in addition to banning the sale of Galaxy S series mobile phones in the U.S. market, markets such as the United Kingdom, Canada, and Australia may also follow suit.
Song Yuxi also saw the news and specially called Song Yi to the Blue House to ask about the SA Group’s response.
In addition to Song Yuxi, Zhou Yuncan and Xia Meiai were also listening to Song Yi’s work report.
Song Yi explained, “Apple’s claim that Gaojin Electronics infringed on four of their company’s patents is actually unfounded.”
“Gaojin Electronics determined the technical solution for sliding mobile phone unlocking in 2003. We further optimized the original technical solution and determined the right sliding unlocking solution.”
“Gaojin Electronics has also applied for technology patents in China and South Korea at the same time, but has not applied for patents in the U.S. market.”
“In addition to the sliding unlocking solution, Gaojin Electronics has also applied for application patents such as fingerprint unlocking, facial ID unlocking, sliding pattern unlocking, and password unlocking.”
“The reason why we at Gaojin Electronics did not ask for patent fees from other mobile phone manufacturers is mainly to further expand the smartphone market. We hope that more mobile phone manufacturers will enter the production and research and development of smartphones, so as to accelerate the elimination of traditional mobile phones.”
“In the field of traditional mobile phones, no matter how good Gaojin Electronics is, there is no way to compete with Nokia and Motorola. After all, the technical barriers of these two companies in the field of traditional mobile phones are too difficult to break.”
“The low-end model 1200 launched by Nokia this year has an official price of only about 60,000 won. Samsung Electronics or LG Electronics can also produce similar products, but it is impossible for them to produce them.”
“Nokia can reduce the production cost of 1200 to about 20,000 won, but Samsung and LG cannot. Don’t underestimate this low-end mobile phone with shabby configuration. Its total global sales will not be less than 100 million units. Bringing billions of dollars in profits to Nokia.”
Xia Meiai is the Minister of Justice. She relaxed after hearing Song Yi’s report, but she still reminded Song Yi, “Song Yi, whether some lawsuits can be won or not does not necessarily depend on who has more favorable evidence, but who is present. It’s more influential outside.”
“Over there in the United States, you don’t have to go there in person, but you need to at least send a senior management team to respond to the lawsuit. Do you want me to help you contact a local law firm in New York?” Xia Meiai asked with concern.
Perhaps because he said it so bluntly, Song Woo-seok coughed. Xia Meiai’s sister Xia Qiuai is the president of Luxshare Technology, which also manufactures the Galaxy S1 series of mobile phones. Xia Meiai is naturally more concerned about whether the Galaxy S series mobile phones will be banned from the US market than Song Yuxi and Zhou Yuncan.
“Thank you, Minister Xia. I still have many friends in the United States, and they have also helped me contact top law firms. Zhiyi will go to the United States to take the lead in this matter.” Song Yi replied.
Zhou Zhiyi is the secretary to the chairman of the SA Group and a director of the SA Group. She has worked in many subsidiaries of the SA Group. She is also the princess of the LG Group and has a good understanding of the Galaxy S1 series of mobile phones. She is indeed a suitable candidate. In order to respond to this lawsuit, Song Yi appointed Zhou Zhiyi as the managing director of Gaojin Electronics.
When Zhou Zhiyi went to the United States this time, in addition to contacting top local law firms in the United States, he also wanted to visit some influential New York State legislators. In order to ensure Gaojin Electronics wins the case, Zhou Zhiyi will also attend several local charity dinners in New York and then sponsor some lobbying groups.
After listening to Song Yi’s report, Song Yuxi nodded, “You have always been very steady in your work and never fight an uncertain battle.”
Song Woo-seok visited other countries and gave Galaxy S1 series mobile phones as national gifts. If the US government really bans the sale of Galaxy S series mobile phones, wouldn’t it be a big diplomatic joke?
Song Yi came to the Blue House this time. In addition to reporting to Song Woo-seok on the latest developments in the patent litigation case with Apple, Song Yi also invited Song Woo-seok to attend the opening ceremony of the F1 Korean Grand Prix on behalf of Hyundai Sports.
In addition to Song Woo-seok, Ha Mi-ae will also attend the opening ceremony of the F1 Korean Grand Prix, but she will attend as a special guest and will not give a speech. Hyundai Sports has started to warm up for the F1 Korean Grand Prix in the past two days, and ABS TV station will also broadcast the F1 Korean Grand Prix simultaneously.
No major sports events were held during President Song Woo-seok’s term. The F1 Korean Grand Prix has been the most important sports event in recent years.
Song Yi and Xia Meiai left the Blue House together. Xia Meiai got into Song Yi’s car, and Xia Meiai’s car followed behind the motorcade.
“There are some things I can’t say at the Blue House just now. There are no outsiders now. Let me explain it to you. If the lawsuit with Apple reaches the point of last resort and the government needs to help coordinate, you must contact us in time so that we can help as soon as possible. High-tech electronic communication.” Xia Meiai reminded.
Song Yi knew what Xia Meiai meant, and Apple filed a patent lawsuit with the U.S. International Trade Commission. If the U.S. government bans the sale of Galaxy S series mobile phones, Gaojin Electronics can also initiate a patent lawsuit against Apple in the Korean High Court and request South Korea to ban the sale of iPhone series mobile phones.
Although the Korean market is not large, it still has 45 million mobile phone users. As of 2022, the iPhone series has sold more than 50 million units in the Korean market.
In the global mobile phone market, there are two markets that are the most difficult to enter. One is the North American market. This market is still dominated by operators, and ordinary mobile phone brands cannot enter at all. One is the Korean market. It’s not that mobile phone brands cannot enter, but that Korean consumers only recognize mobile phone brands such as Samsung and LG.
The sales of Galaxy S1 series mobile phones in South Korea have exceeded 4 million units, accounting for approximately 36% of the total sales of Galaxy S1.
The total global mobile phone sales in 2006 were 1.02 billion units, and Samsung’s market share was 10.7%. Samsung’s mobile phone sales still exceeded 100 million units, Sony Ericsson ranked fourth, and LG mobile phones ranked fifth.
In the first three quarters, global mobile phone shipments have exceeded 800 million units, and mobile phone sales this year are expected to exceed 1.1 billion units.
Gaojin Electronics’ mobile phone sales in the first three quarters of 2007 were 7 million units. The fourth quarter is the peak season for mobile phone sales, and Black Friday promotions will be carried out in the North American market.
The Christmas shopping in the United States starts after Thanksgiving, which is the fourth Thursday in November. The day after Thanksgiving is the first day of shopping for Americans. American shopping malls will also launch a large number of discounts and promotions.
Gaojin Electronics will release the Galaxy S2 mobile phone in early January 2008. Although the Galaxy S2 has not yet been launched, Gaojin Electronics will cooperate with the operator Sprint to carry out corresponding promotional activities and pass the profits to North American users to increase the sales of the Galaxy S1 series mobile phones. .
In addition to the North American market, Black Friday promotions will also be launched in Europe. Mobile phone users in China, Japan and South Korea will have to wait until the Galaxy S2 is launched, and the Galaxy S1 series will start selling at reduced prices.
Song Yi told Xia Meiai that Gaojin Electronics and LG Electronics had formed a patent alliance. If Gaojin Electronics wins the patent lawsuit and Apple continues to struggle, Gaojin Electronics will initiate a patent lawsuit against Apple in mainland China and request a ban on the sale of iPhone series mobile phones in the Chinese mainland market.
Compared with the North American market, the Korean market is too small. The ban on the sale of iPhone series mobile phones in the Korean market will not cause Apple any pain. However, the mainland China market has huge potential, and Apple will feel the pain of reciprocal counterattacks. .
During the five years from 2018 to 2022, Apple sold a total of 203 million iPhone series mobile phones in mainland China, with revenue exceeding 1.5 trillion yuan.
Xia Meiai also approved of Song Yi’s arrangement, “I can rest assured that you will do the work. When the F1 Korean Grand Prix starts, I will go over to support you.”
South Korea will hold the first F1 Korean Grand Prix from October 19 to October 21, 2007. The construction work of Yeongam Circuit has been completed. The last layer of asphalt has been laid on Yeongam Circuit in September, and the track shoulders have all been completed. Finish.
After F1 race director Charlie Whiting finished the Japanese Grand Prix, he flew directly to Seoul, inspected the Yeongam track on site, and made a detailed assessment of the on-site conditions of the track.
Charlie Whiting was very satisfied with Hyundai Sports’ preparations for the event and announced that the Yeongam track has passed the assessment and the Korean F1 Grand Prix will be held as scheduled.
ABS TV announced that it has invited seven-time F1 driver championship Michael Schumacher to commentate on the F1 Korean Grand Prix.
The F1 Korean Grand Prix is divided into practice sessions, qualifying sessions and the race. A practice session will be held on October 19 to give all participating teams and drivers the opportunity to adjust the settings of their cars, become familiar with the Lingyan track, and perform necessary maintenance and inspections on their cars.
This is the first time that an F1 Grand Prix is being held in South Korea. All teams and drivers have not had actual contact with the Yeongam Circuit. Drivers are required to collect as much data about the car and track as possible in order to conduct practice sessions and qualifying sessions on the weekend. Make better decisions.
October 20 is Saturday, and qualifying will be held on this day. The rankings in qualifying will determine the starting order for Sunday’s race. October 21st is the exciting F1 Korean Grand Prix.
The famous F1 driver Michael Schumacher announced his retirement in 2006. This is also the first time that Michael Schumacher has returned to the F1 race as a commentator for the main race after his retirement.
In addition to Michael Schumacher, Yahoo Korea President Chen Xinyu will also serve as a special commentator on ABS TV. Schumacher and Chen Xinyu will work together to commentate on the F1 Korean Grand Prix.
Everyone in Korea knows that Chen Xinyu loves racing, and Chen Xinyu is the chief producer of “Kart Racing”.
“Kart Racing” and the Korean F1 Grand Prix have also had a dream linkage, and “Kart Racing” has also updated the Lingyan track in real time. Yui Aragaki broadcast a video of her passing the Lingyan track on SA live broadcast, which attracted the attention of many fans.
Fans of the Japanese game “Kart Racing” were not happy and came to the official website of SA Soft to protest, asking why the Fuji International Speedway was not added to the game.
Fuji International Speedway is a racing track located at the foot of Mount Fuji. You can overlook the beautiful scenery of Mount Fuji from the track.
Chen Xinyu also saw these comments and joked with Song Yi, “If we add Fuji Speedway to “Kart Runner” and Chinese game fans disagree, they will protest why Puhai International Speedway is not added to “Kart Runner”. Come in the game. People from China, Japan and South Korea can quarrel no matter where they are.”
“Normally, when Chinese and Koreans meet and want to increase each other’s goodwill, they can scold the Japanese together. By the way, I heard that you bought a Ferrari 599 for your birthday this year. This car has zero evaluation Best sports car for seven years.”
“This time you are going to Yeongam Circuit to commentate on the F1 Korean Grand Prix. You can drive your favorite car there. When the race is over, you can drive the Ferrari 599 and experience driving on the F1 International Circuit. Have fun.” Song Yi suggested.
Chen Xinyu’s expression was a bit resentful, “President, Xu Zhuxian and I have the same birthday. My eldest sister even flew back to Seoul that day to celebrate my birthday with me. When my sister contacted you, you said you were in Japan, and Xu Zhuxian was also there at that time. I happen to be not in Korea. Do you have to deliberately avoid getting along with me when my eldest sister is present? “
Chen Xinyu has celebrated her 28th birthday this year. In addition to Chen Jianxi and his wife, Chen Fuzhen is also very worried about Chen Xinyu’s marriage. Samsung’s little princess Chen Xinyu’s personal net worth has exceeded 500 million US dollars. A survey ranking was launched in Japan and South Korea. Chen Xinyu is the person most wanted to marry by unmarried young people in Japan and South Korea.
The female president of Yahoo Korea is beautiful, has an outstanding figure, strong personal abilities, and is worth a lot of money. She is also from a Samsung family. Her father, Chen Jianxi, is the former richest man in South Korea. He is also an executive of SA Soft Group and the producer of many best-selling games. He is simply the perfect goddess in the hearts of unmarried young people in Japan and South Korea.
It is undeniable that Chen Xinyu still has some affection for Song Yi, otherwise Chen Xinyu would not have taken the initiative to kiss Song Yi. After Chen Xinyu took the initiative, Chen Xinyu originally thought that the relationship between Song Yi and her would take a further step, but who knew that the two of them had entered a state of unfulfilled lovers.
Although Song Yi did not disclose it to the public, Chen Xinyu, who was familiar with Song Yi, knew that the two sisters Jin Xiyuan married Song Yi at the same time. Jin Xiyuan gave birth to a son and a daughter for Song Yi, and Kim Tae-hee also gave birth to a son and a daughter for Song Yi.
With the precedent of the Jin Xiyuan sisters, Chen Xinyu personally does not object to marrying Song Yi with her sister Chen Fuzhen. If Chen Fuzhen can take charge of the SA Cultural Tourism Group, then Chen Xinyu feels that she can also take care of the SA Soft Group for Song Yi.
However, Chen Fuzhen’s situation is quite special. After all, she left the Samsung family after divorcing You Zaizhi and went to mainland China to be Song Yi’s lover. If Chen Xinyu and Song Yi really get together, the entire Samsung family will probably not agree, and the resistance will be considerable.
Song Yi heard some resentment in Chen Xinyu’s heart and smiled bitterly, “Your eldest brother and sister-in-law have begun to separate, and they are expected to divorce after the year. After your eldest sister divorced, she took Yuan Zhong to live in the mainland.”
“Your sister said that you are the last hope of the Samsung family. She hopes that you can find a soul mate who understands each other, tolerates each other, shares the same language and interests, and then spends a happy life together. She even said to me, Anyone can, but not you. Of course I have to respect her decision.” Song Yi explained.
When Chen Xinyu heard what Song Yi said, she felt even more aggrieved, “Now that you know how to keep your distance from me, why did you go there earlier? It’s easy for you to say that you hope I can find a soul mate, but soul mates are so easy to find. Of?”
“Before joining SA Soft, although I was very rich and had the largest collection of sports cars in Korea, I had no way to ride on the track. I can’t change my origin. For me, the name Samsung is both family honor and The pressure that restrains me. The longer I stay in this family, the more I feel suffocated.”
“The Samsung family has only one king, who is the chairman of the Samsung Group. Whoever inherits Samsung will be the king of the Samsung family. Every member of the Samsung family cannot disobey the king’s orders, nor can they show your strong personal will.”
“The reason why I admire my sister so much is because she ignored her parents’ dissuasion and married You Jae-sik. Later, she was willing to give up inheriting Samsung’s stocks and start from scratch in the Mainland. She knew clearly at any time and at any place, What she needs, what she’s going to do.”
“The past few years working at SA Soft have been the happiest time for me. I know that my father has asked you more than once to let me return to work in the Samsung family. When my father learned that I participated in the research and development of the SuperOS system, he was the first to I had a heated argument once.”
“The emergence of the Galaxy S series of mobile phones has indeed shaken the authority of Samsung Electronics. Gaojin Electronics has become Samsung Electronics’ strongest competitor.”
“Through the successful hosting of the first F1 Korean Grand Prix and Gaojin Electronics as a global partner of the F1 event, the popularity of the Galaxy S series of mobile phones will be further enhanced. This is the road to success that Samsung has taken before.”
“Song Yi, when your personal wealth surpassed that of my father, you brought your sister from Seoul to Puhai. If SA Group surpassed Samsung Group and became South Korea’s largest conglomerate, wouldn’t you still dare to express your feelings at that time? Do you like me? If that’s the case, then I’ve misjudged you. Are you so timid, or are you not a man?” Chen Xinyu vented her anger at Song Yi.
When Song Yi heard what Chen Xinyu said, he couldn’t restrain himself. He directly pushed Chen Xinyu against the wall, then bit Chen Xinyu’s red lips and kissed her hard. Seeing that her provocation was effective, Chen Xinyu put her arms around Song Yi’s back, and the two did not separate for a long time (End of Chapter)