Reborn since 1993

Chapter 1184 Battle
"Dongling Hi-Tech has grown too fast, especially in many industries, including electronics, semiconductors, and screens, where it is a competitor of Samsung!"

Lee Hak-soo also expressed his concern, saying that Samsung's presence in South Korea was already a miracle, part of the so-called Miracle on the Han River.

Samsung's development over the years is a microcosm of South Korea's development over the past thirty years. South Korea has transformed itself from an agricultural country and begun to challenge developed countries at an astonishing pace.

If it weren't for last year's financial crisis, which wiped out all of South Korea's wealth accumulated over the past thirty years, and even took away the controlling stakes of conglomerates like Samsung, it would have been a different story.

Perhaps, it won't take so many years for South Korea to be defined as a nominally developed country.

Samsung also developed alongside South Korea, and its growth rate was astonishing.

But Dongling High-Tech's momentum and speed are just too fast. It doesn't take any detours at all. It's even faster than Samsung back then.

Although its revenue is still not as high as Samsung's, to be honest, Samsung doesn't have much of an advantage over Toling Technology nowadays, except for memory modules.

In other words, Samsung also has businesses in heavy industry, commodities, chemicals, insurance, and textiles. While these businesses appear to have much higher revenue than Dongling High-Tech, they belong to traditional industries. Although the revenue may seem high, the actual profit is not very good. Otherwise, Samsung would not rely so heavily on Samsung Electronics.

However, when it comes to electronics and semiconductors alone, Samsung does not have a significant advantage over Dongling High-Tech.

The key point is that Samsung and Dongling High-Tech are quite similar in some ways. They both like to play the entire industry chain, and in these areas, they are potential competitors.

"Samsung and Dongling High-Tech are bound to clash sooner or later!"

Lee Kun-hee said to Lee Hak-soo that he felt that Samsung and Dongling High-Tech would eventually have a fair fight, whether in the screen or semiconductor industry.

Lee Hak-soo's eyes darted around, and he said to Lee Kun-hee, "Perhaps, Dongling High-Tech's competitors aren't just Samsung, but also Japan..."

Samsung's current ventures in the panel and semiconductor industries are largely controlled by companies like Toshiba and Sharp in Asia. While Samsung is gradually gaining an advantage in these areas, it has not yet achieved a dominant position.

Lee Hak-soo's meaning is clear: if Dongling Hi-Tech can play the "using one tiger to devour another" strategy in the MP3 industry, then why can't Samsung fan the flames and let companies like Nissan Sharp fight to the death with Dongling Hi-Tech, and then reap the benefits?
Lee Kun-hee nodded. "If necessary, Samsung can cooperate with Japan Benzo Technology to resolve the problem of Dongling High-Tech!"

For South Korean companies, although they appear to be sworn enemies with Japan, the cooperation between the two sides is actually much closer than outsiders imagine.

While Toshiba, Sony, Sharp, and Panasonic are undoubtedly competitors, Samsung has already figured out their strategies and is confident that it can eventually eliminate them.
However, Samsung was unsure about the suddenly emerging Dongling High-Tech and had not studied it.

More importantly, Dongling High-Tech is a mainland Chinese company, and the mainland market is of paramount importance to both South Korean and Japanese companies.

If Samsung doesn't deal with Dongling High-Tech, how will it seize the Chinese mainland market, which is the largest in Asia and even the world?

Samsung is well aware of the priorities in this regard. In a sense, the threat posed by Dongling High-Tech to Samsung is greater than that posed by Nippon Benzoate.

It's not just Samsung; without obtaining MP3 patents, they're preparing to get started first and then pay later, hoping to resolve the patent issues through litigation.

Similarly, Apple, along with Toshiba, Sony, and other companies, seeing the booming MP3 market, also began preparing their own MP3 projects.

In this MP3 extravaganza, who will ultimately emerge victorious depends on whose tactics are more ingenious.

As for Dongling High-Tech, it has made ample preparations and has prepared many backup plans. Whether it can become the final player depends on luck!
……

Regardless of the impact of Dongling Hi-Tech's moves on the industry, a plane that took off from Pingyang began landing at the airport.

Lin Xianhui, president of Dongling High-Tech Port City Company and general manager of Cyberport Company, was already waiting at the airport with a group of people to pick up the passengers.

In addition to executives from Dongling High-Tech, Cyberport, and Gangcheng Telecom, Zhang Wenqing, president of Ya'an Security, Qiu Anyi, president of Tse Sui Luen Jewellery, Li Minghan, president of Kunlun Mining, and executives from Ningshi Trading were also present.

In addition to these "own people," the Hong Kong government office and the mainland's office in Hong Kong also sent people over, which shows how much importance the Hong Kong authorities attach to the people on this flight.

Reporters from the port city media, having heard the news, also picked up their cameras and pointed them at the airport.

The lineup that greeted them at the airport surprised the Hong Kong media, even though Li Dashan had previously fought against the second son of the Li family from Cheung Kong and obtained a controlling stake in Hong Kong Telecom.

At that time, the Hong Kong media began to tout the emergence of a new Li family tycoon in Hong Kong, marking the beginning of the "Two Lis" era in Hong Kong.

But that was mostly hype from the Hong Kong media. At that time, Li Dashan's influence in Hong Kong was actually far less than that of the Li family of Cheung Kong.

But now, looking at the lineup of people picking them up at the airport, there are a number of companies that are already quite well-known in Hong Kong, such as Cyberport, Hong Kong City Telecom, Tse Sui Luen Jewellery, Ya An Security, Kunlun Mining, and Ning's Trading. Cyberport, in particular, is one of the three largest companies by market capitalization in Hong Kong!

It was only then that the Hong Kong media realized with alarm that Li Dashan's influence in Hong Kong had probably far surpassed that of a group of established Hong Kong tycoons!
The cabin door slowly opened, and when Zhou Hongyi, who was the first to step out of the cabin, saw a row of cameras pointed at him, then the flashes turned the scene into a blinding white blur.

Seeing this scene, Zhou Hongyi, Wang Jiangmin, Zhang Xiaocheng, Zhou Wenyan, and others who were visiting Hong Kong for the first time were all taken aback. Even Qiu Bojun and others who had been to Hong Kong before had expected to be greeted at the airport and to have media interviews, but they did not expect there to be so many media reporters.

As Zhou Hongyi, Wang Jiangmin, Guo Jingyun, Lei Jun, Qiu Bojun, and others disembarked from the plane, their eyes involuntarily turned to Li Dashan, the last person to step out of the cabin.

At this moment, they had a concrete understanding of Li Dashan's influence in Hong Kong. They had previously seen news about Li Dongling in Hong Kong in domestic media.

But those are just things seen in the media, and there's always a sense of unreality through the screen; you can't truly experience them firsthand.

But now, they see it for themselves; they can feel the madness in the way these Hong Kong media outlets are showering Li Dongling with praise!
"Mr. Li, you've worked hard!"

Lin Xianhui, representing Dongling High-Tech Port City Company, was the first to extend his hand to Li Dongling.

Afterwards, Li Dongling shook hands and exchanged a few pleasantries with the director of the Hong Kong government office and the staff of the mainland's Hong Kong office.

"President Li, Dongling High-Tech Port City Company will be hosting a banquet tonight, and people from Dongling High-Tech and Digital Port and other companies will be attending."

In addition, we will invite some celebrities from the Hong Kong government and the city!

Lin Xianhui said to Li Dongling, "Since the great philanthropist Li has come to Hong Kong, we must hold a banquet to welcome him and to let the people of Hong Kong know that the great philanthropist Li has returned to Hong Kong."

You can arrange all of this!

Li Dongling said that there are many people and distractions at the airport now, so it is not easy to discuss many things directly.

Just as Li Dongling and his entourage were about to leave by car, a large group of Hong Kong reporters, disregarding the security personnel's attempts to stop them, brazenly pushed their microphones towards Li Dongling.

"Mr. Li, will you retain your title as Asia's richest man this year?"

A reporter couldn't wait to ask Li Dongling a question.

Last year, Li Dongling's net worth skyrocketed thanks to the merger of Cyberport and Harbour City Telecom, and he was ranked as the new richest man in Asia by Asiaweek, Forbes, Hurun Rich List and other media outlets.

"Mr. Li, are you here in Hong Kong to list all the mainland internet companies on the Hong Kong stock exchange?"

Will Cyberport's stock price continue to rise?

"Mr. Li, there are rumors that the president of Ning's Trading Company is pregnant and has given birth. Is this true?"

Suddenly, all sorts of questions were thrown at Li Dongling. Some asked about his net worth, some about Cyberport, and some were tabloid reporters trying to find out some juicy news.

Ning Wenke, president of Ning's Trading Company, chairman of Hong Kong Telecom, and the top-ranked woman on Hong Kong's list of ten richest women, has been out of the public eye for almost half a year. Some Hong Kong gossip media have reported that Ning Wenke is pregnant and is currently on maternity leave.

These news stories are a mix of truth and falsehood, making it difficult to judge, but they are certainly sensational. If the rumors are true, then the question of whose child it is would be even more sensational.

For Zhou Hongyi, Lei Jun, Zhang Xiaocheng, and others, today was quite an eye-opener. They knew that Hong Kong media were bold, and compared to mainland media, they were quite conservative, but they never expected that Hong Kong media could be so daring.

It also allowed them to hear gossip news that had never been reported by domestic media before, as domestic media rarely reported gossip about Li Dashan.

Li Dongling basically ignored the questions; they were impossible to answer, and if he answered even one, he wouldn't be able to leave today.

However, for the gossip and tabloid media in Hong Kong, there was no need for Li Dongling to answer. As long as they took a few photos, they could fabricate a whole new story. They could create dozens of different versions of the same story. As long as they could sell the newspapers, they didn't care about the authenticity at all...

Therefore, whether Li Dongling speaks or not, and what he says, is actually completely unimportant.

……

"The port city is about to enter the Internet era!"

"A spokesperson for the Hong Kong government announced today that they welcome the mainland technology delegation, which is the largest technology industry delegation to visit Hong Kong in the history of the mainland."

"Including Tianya, Asia's largest Chinese-language forum website, and Yahoo! China, the parent company of 3721, the largest Chinese-language website directory company..."

Li Zekai, from Yingke Power Company, also saw the news in the port city media, which was footage of the airport.

(End of this chapter)