Chapter 1148: Warmth on a rainy night

The timing of negotiations should be when the situation begins to get worse, rather than when the situation has become worse or worst.

The situation gradually becomes worse, which will gradually lose confidence in resistance for the negotiator, and will also make the third party cautious and dare not act rashly because it cannot see through the changes in the situation.

Zhang Ke doesn't mind paying an additional $100 million to 200 million in premiums for acquisition of Hyundai TFT-LCD (thin film liquid crystal) business assets. He is even more worried that HG electronics companies such as Samsung or LG will stand up and become an obstacle to acquisition.

Zhang Ke stared at the quiet night outside the window. Many things were not as simple as expected. He was waiting for Chen Xinsheng to send the acquisition plan to his email. He heard the prompt from the computer to send the acquisition email. He sat in the computer and carefully read the acquisition plan.

The Asian financial crisis, the HG economy was deeply affected by it. The number of super-large groups supported by HG's domestic government went bankrupt and closed in the financial crisis even exceeded one-third of the total. Hyundai Group and LG Group, even Samsung Group, and even 1997, forced the financial crisis to the brink of bankruptcy in 1998. In order to cope with the financial crisis, the HG government reorganized large group companies and merged LG Semiconductor and Hyundai's semiconductor business departments into Hyundai's semiconductor business department when it merged into Hyundai's semiconductor industry. This was also a reflection of the will of creditors.

The reorganized Hyundai Semiconductor was led by Hyundai Group and became the world's second largest chip manufacturer; however, this reorganization under external pressure cannot be regarded as a happy marriage. Although Hyundai Semiconductor is led by Hyundai Group, in fact, LG Semiconductor has always opposed Hyundai Group's management control over its semiconductor department, which has made Hyundai Semiconductor have been full of contradictions at the beginning of its establishment and has never been able to escape from the negative impact of the financial crisis.

In 1998 and 1999, the wave of new technology was surging, and the global market demand for chips steadily rebounded, and Hyundai Semiconductor still suffered huge losses. The patience of creditors and shareholders became limited, and they were determined to divest Hyundai Semiconductor from Hyundai Group to prevent Hyundai Semiconductor from dragging down the entire Hyundai Group.

Now that the new technology bubble has burst, the crisis in the securities market will sooner or later affect the real industry. If the problem of modern semiconductors is not neatly solved, it will be found that the situation will become increasingly serious.

The purpose of divesting Hyundai Semiconductor, the world's second largest chip manufacturer, is to sell it at a good price. In order to better find a deal object, before divesting Hyundai Semiconductor from Hyundai Group, some non-core businesses need to be separated from Hyundai Semiconductor.

In February 2000, the TFT-LCD business was first separated from Hyundai Semiconductor as a non-core business and established the ** Hydis-LCD company. Hydis-LCD company is now supervised by the creditors committee mainly composed of HG state-owned banks and has no close relationship with Hyundai Group.

Thin film LCD TFT-LCD technology mainly originated from Japan. In the mid-1990s, the HG government vigorously supported the LCD industry and invested in the construction of a large number of third-generation and fourth-generation lines. Even now, thin-film LCD TFT-LCD is only mainly used in laptops; throughout the 1990s, the global sales of laptops were quite limited. The market demand for TFT LCD was not strong, but it was an industry that demanded technology and funds intensive. The manufacturers who invested in TFT-LCD in the early stage continued to lose money, just like Samsung is currently the world's largest TFT-LCD thin-film LCD manufacturer, but it has been losing money for seven consecutive years before turning losses into a small profit last year.

Even after seven consecutive losses, even in the worst season of the financial crisis, Samsung did not give up its thin-film LCD TFT-LCD business, and was firmly optimistic about the future market prospects of TFT LCD.

During the Asian financial crisis, the Korean won exchange rate depreciated sharply, resulting in the export of Korean won electronic components more favorable, and at the same time it developed into the world's largest notebook assembly base. This factor has caused HG's thin-film liquid crystal TFT-LCD industry to recover early and take advantage of the situation to rise, and its global market share has increased from 8% before the outbreak of the financial crisis in 1997 to 34% at the end of last year.

Although the HG film liquid crystal TFT-LCD industry has achieved profits in the entire industry in 1999, the market prospects are becoming clearer and brighter. HG electronic companies such as Samsung have become more determined to invest in the film liquid crystal TFT-LCD business, the creditors behind Hydis-LCD companies do not have the intention to operate for a long time. What's more, if Hydis-LCD companies want to continue operating for a long time, they must immediately consider raising huge funds to launch the new generation of thin film liquid crystal production lines, otherwise they will face the elimination of technology and production. Instead of raising huge funds to take risks, it is better to sell them at a good price as soon as possible...

As early as 1997, Zhang Ke determined the direction for Kumho to develop the TFT-LCD industry and allowed relevant production to be actively prepared for this.

In 1997, four or five domestic companies had STN-LCD LCD screen production capacity and relatively complete technology. Kumho still introduced complete STN LCD technology and equipment from abroad as its key industry development, and established the ** crystal screen electronics company under Ida Group to be responsible for the development of LCD panel business.

As early as the Asian financial crisis, the modern semiconductor sector, which was in crisis since then, absorbed the layoffs of engineers to strengthen Oak Park's R&D department in this area.

The Asian financial crisis has led to the rise of the HG thin-film liquid crystal TFT-LCD industry in disguise. However, Japanese LCD panel manufacturers are at a disadvantage in cost competition, and their global market share has suddenly dropped from 90% before the outbreak of the financial crisis in 1997 to 50%. During this period, the actual capacity increase of the global market was quite limited. Under such a background, Japanese LCD panel manufacturers and engineers and technicians in the Japanese LCD industry have not had a good life. This also made Kumho directly absorbing middle and senior technicians from Japan's birthplace of TFT-LCD thin-film liquid crystal technology.

Kumho's experimental center in Tsukuba, Japan and the seventh laboratory under Oak Park have become the two major bases under Kumho for the development of LCD panel technology. The staff is more than 400 and more than half of the middle and senior researchers.

In the middle of 1999, nearly 300 million R&D funds were invested, and Oak Garden Pilot Laboratory was able to produce TFT-LCD thin-film liquid crystal panel products comparable to the third generation line; it is now tracking the technology development of fourth generation line products from Sharp, Panasonic, SEL and other companies.

Since a large number of Japanese and Korean R&D personnel have inevitably learned from the successful development experience of the original Japanese and Korean LCD panel manufacturers; otherwise, it would not be possible to successfully develop third-generation wire thin film LCD products so quickly and at such a low cost.

Hydis-LCD company only owns two 3-generation production lines, while Samsung and Japanese companies have begun to build fourth-generation and fifth-generation production lines; Kumho's goal is to directly build fourth-generation lines to shorten the distance between them and Japanese and Korean electronic companies. Hydis-LCD company, a subsidiary of Hydis-LCD company, is not the target of Kumho's greed. Kumho intends to acquire Hydis-LCD company mainly to buy an entry ticket - to acquire the ownership and use rights of the complete TFT-LCD film technology patent under Hydis-LCD to solve the potential hidden dangers in future technical patents.

Without this ticket, Kumho can theoretically produce and sell TFT LCD screens in China, but Kumho's goal is to participate in global competition and can't label a "counterfeit enterprise" on his forehead - this ticket is a must-have.

Hydis-LCD is not the only acquisition target of Kumho. IBM also intends to sell its non-core businesses, including the TFT LCD business department. At this time, a total of 18 companies around the world own this ticket.

Zhang Ke finished reading the acquisition plan sent by Chen Xinsheng, and it was already dark.

The campus was also in silence. The screen of the mobile phone flashed and then lit up. Zhang Ke picked up the phone and saw that it was Li Xinyu's phone number.

"What, haven't you been asleep yet?" Zhang Ke asked.

"Lying on the bed, I haven't fallen asleep," Li Xinyu's voice softly, and she sounded like she put her phone between her ears and the pillow, a little hoarse, "How is the situation?"

After the Provincial Public Security Department made a criminal detention decision and took nine HG people away, the students surrounding the international student apartment dispersed one after another. The student from Urban Construction College was diagnosed with a skull fracture and a brain contusion. He was in a coma and never woke up. The Provincial Military Hospital was organizing experts to perform surgery on him overnight. It is still unknown how effective the surgery is. Several other students who were injured in the dormitory had nothing to do with the arm fracture.

Zhang Ke just received a call from Shi Xuebin and learned about the specific situation. He repeated it to Li Xinyu on the phone.

"That's it," Li Xinyu was silent for a while on the other end of the phone, and then said, "Can the school provide him with the best medical treatment? Do you want me to help me with something? I didn't expect them to be so irrational."

"The full treatment costs will be guaranteed..." Zhang Ke didn't want Li Xinyu to get involved. The treatment costs were no problem. After all, the school and the city didn't want things to get bigger, and the cost became second. The school would come forward to ask for compensation afterwards. He had already learned from Chen Xiaosong that the person who left after being beaten was Kim Nam-yong, the senior assistant of Lee Jae-soo. Although the matter did not involve Jin Nam-yong, it was unknown whether Jin Nam-yong did any tricks behind his back. He vaguely felt that the development of the matter would be unfavorable to Li Xinyu, but he didn't know how to tell her.

"Can you go over and let you talk with me?" Li Xinyu asked on the phone.

"Come on," Zhang Ke agreed, thinking that she might be able to guess what would happen.

Zhang Ke ran downstairs to open the door, then walked to the kitchen to brew the ground coffee. Listening to the sound of the door closing, he leaned over and took a look. Li Xinyu walked in wearing a silk printed nightgown with a lace suspender edge. It was a little cold at night. She was wearing a cotton shirt. She came in and grabbed the open sides of the shirt with her hands. Her loose brown hair was covered with pure and bright face in the middle. Zhang Ke said to her, "I'm making coffee."

Li Xinyu owed her body and said apologetically: "I can't sleep, I'll disturb you." She walked to the kitchen and waited for the coffee to boil with Zhang Ke. She smelled the increasingly rich aroma of coffee in the room, and didn't want to talk. It seemed that standing here together smelled the aroma of coffee was a good enjoyment.

"Go to the roof to see the stars?" After the coffee was brewed, Zhang Ke asked Li Xinyu.

"Yes." Li Xinyu nodded.

"Then you bring the coffee and I'll go back to the room to get a blanket." Zhang Ke handed the tray to Li Xinyu. He went back to the room and took two plain velvet blankets to the roof, and then took the phone next to him.

The rain stopped outside, the clouds dispersed a little, and you could see a few stars sparsely, and it was a bit cold at night.

There were two side-by-side lounge chairs in the sky garden. The coffee was placed on the square tables on both sides. The lounge chairs were a little wet and cool to the touch. Zhang Ke spread a hair of thin velvet and put it underneath, let Li Xinyu lie on it, and then covered the two with a thin velvet blanket, looking up at the galaxy in the night sky.

"There is nothing special to say. I just think it's good to lie down like this. Do you think I'm too bored?" Li Xinyu asked.

"Then let's lie down like this." Zhang Ke said with a smile.

"Although we have nothing, our relationship may still be talked about. Would you be angry?" Li Xinyu asked again.

"No." Zhang Ke shook his head.

"If I can't fall in love with others and can only love you, will it confuse you?" Li Xinyu asked.

Zhang Ke turned his face and looked at Li Xinyu's crystal clear eyes as he looked at him, his eyes were pure and innocent, just discussing a question seriously.

"How can you be confused? This may be a very simple thing. For example, if you have no special words to say, you just think it's good to lie down."

"You are repeating my words." Li Xinyu said.

"I just think this sentence can express this meaning. Some people always fuss about how they can lie there and just look at the stars and not speak... Some people always fuss about how they can like someone!" Zhang Ke said.

"You still say or not, you say more than ever," Li Xinyu said with a happy smile. Yuer got up and sat there and looked at Zhang Ke seriously, and said, "Asking a serious question, does Miss Chen Jing think so? She is one of the rare strong women."

"Are you asking her that she can only love me?" Zhang Ke did not answer directly, and said again, "You have to ask her to know this question."

"..." Li Xinyu pouted slightly, and seemed a little dissatisfied with Zhang Ke's answer, but she didn't say anything else. She stretched out her hand, pillowed her head, and looked at the deep night sky comfortably. Zhang Ke smiled, and also held her head in her hands to look at Xingchen in the sky, thinking about something randomly. When she turned her face to look at Li Xinyu, she was already asleep with her eyes closed; Zhang Ke yawned, curled up and fell asleep with her eyes closed.

In the early morning, it started to rain again, and raindrops dripped on his face. Zhang Ke woke up immediately, and there was a clear light around him. Seeing Li Xinyu curled up in a thin velvet blanket, he pushed her: "It's raining, let's go into the house."

"I want to sleep for a while..." Li Xinyu was sleepy and didn't want to get up. She said in Korean, "Let me sleep for a while!" Her head was wrapped in a blanket, and she couldn't feel the rain falling.

"It's really raining..." Zhang Ke didn't expect that she was still a sleepy guy. She sat up and wanted to lift the blanket and let the raindrops fall on her face to make her feel it.

"Hold me down, wrap me up with a blanket, don't let me get wet in the rain." Li Xinyu pulled the blanket and refused to let Zhang Ke lift it up, but said coquettishly in Korean.

Zhang Ke scratched his head and picked up Li Xinyu with a thin velvet blanket. Only then did he realize that she was not as pressed as he had imagined. She curled up like a baby and carried her downstairs and placed her on the bed in the bedroom. The blanket spread out, covering her face and revealing her waist. Her waist was extremely thin, making people wonder how such a thin waist could connect such a plump breast with her round buttocks.

Zhang Ke rubbed his face and covered her with a thin velvet blanket. He remembered that his phone was still on it. He was turning around and trying to get the phone. He watched Li Xinyu sit up from the bed in panic.

"I'm sorry, I dreamed that I was sleeping outdoors with my father. When you talk to me, I was still confused and thought it was my father talking to me, so I asked you to hug me..." Li Xinyu sat on the bed with a blushing face, looking at Zhang Ke embarrassedly, "I suddenly remembered that I am in China."

"I hugged my daughter and almost flicked my waist," Zhang Ke said with a smile, "Or you sleep for a while and I forgot to take my phone off."

"Can you use your computer?" Li Xinyu asked, "After chatting with you yesterday, I sent my father an email, and he might have replied."

"You use it." Zhang Ke said. He just walked out of the bedroom and remembered that yesterday's email had not yet been withdrawn. The plan to acquire Hydis-LCD company was placed on the desktop. Li Xinyu could see it as soon as she activated the computer. After hesitating for a moment, she went up and took off her phone first.

Li Xinyu sat in the chair and watched Zhang Ke take down his cell phone, and said, "You really want to acquire Hydis-LCD company?"

"..." Zhang Ke nodded.

"Our Institute of Economics also noticed that Kumho's investment ratio in STN LCD screens was extraordinary, and believed that you were preparing to enter the TFT LCD field - I made this judgment. I also said in the report that hydis-LCD will be your priority. Look, my judgment is very accurate." Li Xinyu smiled happily and explained, "Your email is on the desktop. You can see it when you click on the computer, but I only looked at it twice - I will not write a report on this to the company again."

"Nothing," Zhang Ke said with a smile, "Have your dad replied to you with an email?"

"No," Li Xinyu said with some regret, "Maybe he went to bed very early last night, and he had no job, and he would never touch the computer when he didn't work."

Lee Kun-hee is a person who lives in seclusion and rarely appears in front of the media. Although Samsung has achieved brilliant achievements, he would not accept media interviews except for having to. The outside world knows little about his life.

Zhang Ke said: "Then you have to wait a while before you can receive your father's reply."

Li Xinyu yawned, and her sleepiness was still strong. She was just embarrassed to sleep on Zhang Ke's bed, so she said goodbye and went downstairs. Zhang Ke turned off the computer and lay on the bed for another sleep.

Zhang Ke didn't get up until 10 o'clock in the morning. The BBS of Dongda University knew that the student who was in the city construction had a successful night operation. It would take time to observe whether there would be any sequelae. After investigation, Dongda University made a punishment for expelling seven HG international students involved in the beating. Further treatment also depends on the results of the injury detection of the students who were beaten.

Because the school handled it in a timely and decisive manner, the students did not feel much anger, and the campus also returned to its former peace. Only the parties involved continued to be entangled in the incident and pain. If they wanted to solve it completely, they would have to wait for a while.

For Du Fei and the others, the next period of time is to complete the integration of Internet platform resources such as Quantum, Dongda Chuangyu, and Zhuoyu. Dongda Chuangyu is willing to pay Quantum Online $2,000 and 6% equity to acquire MICQ business and related resources. This plan was quickly approved by the unanimous vote of Quantum Online Board of Directors.

In addition to making Quantum Online profitable at 2,000 ahead of schedule, this plan is even more meaningful in the eyes of mature investors.

Dongda Chuangyu wants to use the MICQ network instant messaging platform to better integrate Internet resources, and the results will not be seen in the short term.

Kumho's acquisition plan will be carried out in the name of HG subsidiaries, which can avoid many legal and procedural troubles. For this reason, Kumho increases the registered capital of HG subsidiaries to US$100 million. Although it provides an acquisition offer to Hydis-LCD company in the name of HG subsidiaries, this matter will not be achieved overnight; even if competing companies such as Samsung ultimately cannot prevent Hydis-LCD from being acquired by Kumho, they will do everything possible to delay the acquisition time, which is in their interests.

In the next ten days of May, the Nasdaq index continued to fall, and the Internet concept stocks in the Shanghai and Shenzhen stock markets were also hit harder. Under such a large selling pressure, Hongxin spent all its existing pallet funds and did not have the courage to mobilize huge funds to support the market before the situation reversed. In the last two days of May, Haisu Technology hit two consecutive limit downs due to lack of support from pallet funds.
Chapter completed!