Top of the Great Era

Chapter 1711
The business of Hyundai Group is too wide. In addition to civilian use, it also has military production, such as fighter jets, various artillery and howitzers, including the famous K2 Panther tank.

However, Zhou Buqi's cooperation with Hyundai is limited to the civilian field, and...whether it is electronics or the Internet, they all belong to Hyundai's partial business.

This makes it easier to work together.

It was arranged the next day that Zhou Buqi could go to Hyundai's mobile phone factory in Seoul to visit and investigate.I said hello in advance, saying that the mobile phone factory used to be large in scale and had many employees, but now it is no longer possible, and only a "model room" factory building remains.Because last year, Hyundai's main mobile phone business has moved to the eastern Guangdong province in China.

In the afternoon, go to the factory for research.

In the morning, meet with higher-level members of the Zheng family.

Compared with the mobile phone business, the Zheng family values ​​the Internet more, and has great ambitions. They are not reconciled to making small troubles, and they just want to make a big deal!
To dominate Korea!
In the past few years, many businesses of Hyundai Group have become more and more "big". The business is mainly for some large-scale projects. Among the refined projects, except for Hyundai Memory, which still maintains a high shipment volume, the others are basically not It's too good, it's all taken away.

This cooperation with Boss Zhou is an opportunity for Hyundai to stand up.

For this, Hyundai is willing to pay a great price!

A total of three suggestions were put forward.

First, the merger of Kakao and JTmall must see results as soon as possible and become the largest Internet giant in South Korea.

Second, start financing for the restructured new company.

Third, Hyundai will divest part of its assets and integrate them into the new merged company to enhance the company's strength as quickly as possible.

Zhou Buqi was not polite, thinking that this was completely nonsense.

Number one, refuse.

Mergers are possible, but not now.Both companies are in the start-up period, which is the time to strive to develop the market.Once merged, they will inevitably face power struggles after reorganization, and if they fall into internal conflicts, they will be in crisis.

On the second point, I can agree with half of it.

Financing is inevitable. Kakao only has 210 million US dollars of funds left on its books, and a round of financing must be launched next.And in this financing case, Ziweixing must be the main one.

On the third point, you can also agree with half of it.

Hyundai has a logistics business and a software business.

The logistics business mainly transports large equipment, such as automobiles, steel products, elevators, coffins, etc., and is mainly oriented to the enterprise side.However, there are also express delivery services for individuals.

What JTmall is doing is e-commerce, and a strong logistics system is essential.If the express delivery business under the logistics business of Hyundai Group can be integrated, it is indeed a very good choice.

Zhou Buqi agreed.

The software business is mainly engaged in engineering software, which cannot be separated.However, there is still a part of business software, which can be merged into Kakao.

Zhou Buqi refused.

It means that the courier brothers are similar, and it makes no difference whether they recruit or not. They are all errands, and there is no need for threshold.In the technology industry, let Kakao recruit in the market according to its own needs and standards, so as not to overcrowd people.

The morning talks on the Internet field were not very pleasant.

In the afternoon, Zhou Buqi went to investigate the production line of the mobile phone factory, and it was very pleasant to further cooperate around the mobile phone business.

Both the president of Hyundai Group and the president of the information and communication division were present.

In fact, there are mainly two aspects.

Asda hopes that modern phones will help improve its quality system.Including perfect production line, production capacity, advanced SMT placement technology, automatic detection capability, automatic production line test, reliable fault analysis technology, quality improvement process with full participation, etc.

Hyundai mobile phones hope to get part of the "OEM" of Aster, hang the "Hyundai" trademark, and sell them in South Korea.

Zhou Buqi wanted to create confusion for Samsung's rear, in order to reduce the competitiveness of Samsung and Asda in the international market.In fact, Hyundai thinks more. After Boss Zhou proposed the idea of ​​"OEM", the Koreans were so happy that they almost called their fathers.

Modern mobile phones are quite backward now.

In fact, since last year, Hyundai's mobile phone business has undergone a major transformation, moving factories to China, and establishing research centers in Silicon Valley, Hsinchu, Tokyo, and Pengcheng.

I just hope that modern mobile phones will not be outdated, but keep up with the times.

However, the effect is poor.

The two new mobile phones launched this year are still the same multimedia mobile phone thinking as before, and the low-priced traditional mobile phones are still mainly sold in the market.

It may be difficult to change in a short period of time.

Because the requirements of modern mobile phones are extremely high, it is not in line with their philosophy to launch a smart phone just to make do.Moreover, even if it is forced to change and launch a smartphone, can it compare to Samsung and LG?
With the help of Asda, there is an opportunity to solve this dilemma.

With the dignity of Hyundai Group, they are certainly not willing to just do OEM.You can cooperate with Asda first, try to do OEM for two or three years, and wait for the transformation of the modern mobile phone business.

After two or three years, Hyundai Mobile has a clear understanding of the model of the smartphone industry, and can keep up with the new era conceptually, and then gradually launch its own Hyundai mobile phones and cancel the OEM cooperation with Asda.

In this way, modern mobile phones have a very smooth transition period.

After some discussion, it was decided that the cooperation period for OEM is 3 years.OEM mobile phones can only be sold in South Korea, not for other markets.After making money, the profits are divided equally.

Although the conditions were not the best, Zhou Buqi was already very satisfied.

For at least three years, Samsung's rear will be chaotic, which will give Asda an advantage in the international market.Not only that, Aster has no sales in Korea and cannot make money.Through the OEM model, relying on modern brands, at least half of the profits can be shared.

Intention achieved.

Next, people from Ziweixing and Asda came to discuss the specific cooperation agreement.

……

Next stop, I went to Tokyo and met Tang Binchen.

Zhou Buqi came over from time to time, and he was familiar with him. He walked into his office without saying hello, and cut straight to the point, "Kakao is going to launch a new round of financing. What do you think is the appropriate valuation?"

Tang Binchen arranged for the secretary to make tea, and said with a smile, "1 million or 2 million U.S. dollars."

Zhou Buqi said: "Send someone to deal with it and set a price. Hyundai also wants to invest in the market, and see what proportion is appropriate. It should not be too low or too high. We must maintain Ziweixing's absolute advantage in shares. Well, don't be too anxious, after Zhou Shaoning is done working for a while, you all go together. The cooperation in the Internet and mobile phone fields must be coordinated and bundled. "

"Cell phone? Modern cell phone?"

"Correct."

Zhou Buqi simply explained the idea of ​​OEM.

Tang Binchen was surprised, "Will Hyundai accept OEM? Are they willing to accept such a humiliating plan?"

"Humiliation?" Zhou Buqi was a little amused, "Even if it is really humiliation, so what? Hyundai mobile phones have no share in the Korean market, and their lives are almost gone. Why do you have to be ashamed?"

"incredible."

"Mainly for Samsung."

"Oh, Samsung..." Tang Binchen nodded, "The last time I saw Zhou Shaoning in Shanghai, I heard him talk about it. Samsung has hooked up with Google, and they want to compete for the top card in the Android system."

Zhou Buqi said: "Yes, to create some trouble for Samsung behind the scenes, it's better not for Asda to come forward directly, and let Hyundai take the lead. It's good. Aster also relies on Samsung's supply chain, even if it's Apple, When competing with Samsung, you must also remain calm. When competing directly, you must exercise restraint and not prevent Hyundai from taking action against them."

Tang Binchen didn't know whether to laugh or cry, "It's like your method."

Zhou Buqi said angrily: "This is all small talk. The main purpose is to help Asda introduce the world's leading quality system of modern mobile phones through this cooperation. If we really introduce the quality system of modern mobile phones, In the future, Aster will not be afraid of Samsung when it competes in the international market, at least the quality is better than Samsung.”

"Okay, then I will meet Lao Zhou and discuss it with him." Tang Binchen remembered something, "By the way, there is one thing you can do. How will Ucgram enter the Korean market? Let Ucgram enter directly , or change the skin and let Kakao launch a similar product in the name of South Korea?"

Zhou Buqi waved his hand, "It's not easy to choose, so I won't make a choice, and go both ways. In overseas markets, you have to make a choice when doing business. The market is too big, and sometimes it is not necessary to compete with too powerful competitors. To fight, to choose the field we are good at. The Korean market is different, and it can be rounded."

"Baoyuan?"

Tang Binchen was amused.

Zhou Buqi snorted and said, "Korea is such a big place. If Kakao wants to rely on a small Korean market to become a large Internet company with a certain scale, it must cover all aspects of the Korean Internet. All businesses, I would rather do it. Mistakes cannot be let go. With the support of Ziweixing, Kakao will not have any competitors in Korea.”

(End of this chapter)