We are all reborn, who wants to be the richest man?

Chapter 521 Sensor Empire

On September 1988, 9, the Seoul Olympics, which enhanced South Korea's international influence and national self-confidence, officially opened.

If I were to use two words to describe this Olympics, they would be miracle and outrageous.

The miracle refers to the South Korean economy. No other Olympic Games has ever driven the host country's economy to such a huge extent as the 1988 Olympic Games.

What is the Miracle on the Han River referring to? In fact, in Luo Nianzhong's opinion, it is this Olympic Games.

In 1976, the boss of South Korea was still Huijie's father, Lao Pu.

Under his rule, South Korea developed labor-intensive and capital-intensive industries at all costs, transforming South Korea from a poor agricultural country into a quasi-developed industrial country.

However, this is not without cost, namely the huge uneven distribution of resources throughout South Korea, excessive exploitation, forced overtime and even the use of child labor.

Although the economic development has achieved tremendous results, it has caused indelible impact and damage to South Korean society. At this time, South Korea is like a powder keg full of pressure, which can explode at any time.

In the late 70s, South Korea's economic development was declining and domestic conflicts were huge. Park needed something to stimulate the economy and calm internal pressure.

At this time, Lao Pu thought of the Olympic Games that had been held in the island country before, which had won them international acclaim and increased their huge influence.

An Olympic Games, from the application to host to the subsequent construction of venues and supporting facilities, can re-stimulate economic development.

Another purpose is to divert people's attention. If the Olympics are successfully held, South Korea will gain huge international prestige.

The excited South Korean people will also focus on the Olympics, temporarily putting aside the difficulties and pressures in front of them.

No country is as eager for the Olympics as the South Korean people. With the rise of their economy, South Koreans believe that they have become a world power in terms of economy, strength and politics.

But this is in conflict with the inferiority complex that has always been brought about by the United States' status as a vassal state, so the Olympics is a manifestation of independence.

Just as Park had envisioned, the successful hosting of the Olympics completely released the long-suppressed emotions of South Koreans and stabilized society.

Then in terms of economy, after the Olympics, South Korea's economy developed rapidly again and became one of the top ten economies in the world, which was called the Han River Miracle.

Social instability could have killed South Korea's economy, but continued economic development boosted national self-esteem, and the solution to these problems was thanks to the 1988 Olympics.

This is a miracle, an economic miracle, but what is outrageous is what happened on the court.

You must have heard a lot about South Korean games being dirty, right? This is especially true in football and speed skating.

Do you know how it came about? It started with this Olympics.

South Koreans want to prove themselves too much, to get rid of their status as a vassal state, and to become a world power too much.

Therefore, all South Korean people spare no effort to help their athletes achieve good results and show the country's strength to the outside world.

For example, when athletes from other countries have a competition the day before and they face South Korean athletes, countless South Korean people will spontaneously gather outside the residence of the athletes from other countries to beat drums and gongs, preventing them from getting enough rest.

What's worse, they will receive death threats, including from rabbit athletes who have not yet established diplomatic relations with South Korea.

In fact, these tricks are quite normal. We can only say that the quality of South Koreans is too low, but they exist in every country.

But blatant bribery in the stadium is another matter, relying on the status of the host country to heavily bribe Olympic committee members and referees.

The most famous example is the legendary boxer Roy Jones Jr. When he played against a South Korean boxer, the opponent only hit him 38 times, but the referee ruled that he hit 82 times and gave him the victory.

After this incident, Roy Jones Jr. never participated in the Olympics again.

Of course, the most important thing about the Olympics is definitely business.

This is an Olympics where the Far East Group, or the SK Group, fully embraces the world and showcases itself, and it is clearly being taken care of.

It can be said that the Seoul Olympics affected too many things, not only the economy but also politics.

However, Luo Nianzhong didn't have time to care about these things now, as he had more important things to do.

July 9th, Saturday.

Taiwan's Minister of Finance Guo Xiaorong held a press conference at noon and announced that Taiwan would begin levying securities transaction tax from January 1989, 1.

If the sale of stocks exceeds NT$3 million and there is income, it should be included in the securities transaction tax declaration.

The announcement caused an uproar among the people of Taiwan that afternoon. Due to the crazy growth of the Taiwan stock market in recent years, people's money is basically in the stock market, and many people even take out loans to trade stocks.

The NT$3 million threshold covers almost 70% of investors, so on the first trading day after the holiday, the Taiwan Weighted Index plunged sharply.

I guess the government couldn't believe that the drop would be so drastic. After falling for 19 consecutive days, the weighted index fell from 8789 points to 5615 points, a drop of more than 36.1%.

"This wave of market has come to an end. The current situation requires Taiwan to stabilize the situation. What will follow is an endless rebound and pullback. We need to reduce our leverage and wait for the next wave of opportunities."

Luo Nianzhong agreed with Robert's words. Under the current circumstances, Taiwan's financial market could collapse at any time, and investors' demonstrations and marches have caused social chaos.

To stabilize the current situation, only government intervention or the cancellation of the securities transaction tax is possible.

It is impossible for the government to take action. Not to mention whether it has the money or not, it will hit foreign investment. So there is only one option left.

"Just focus on what's happening in the market. I have to receive an important guest soon."

Robert knew who Luo Nianzhong was going to receive, and he smiled with a hint of gloating, "I think many people on both sides must be very angry, right?"

Just when people all over the world were paying attention to the Olympics, and people in Southeast Asia were paying attention to the Olympics and the Taiwan stock market, the Deputy Foreign Minister and the Minister of Finance of West Germany visited Hong Kong.

What’s interesting is that the reason these two important figures came to Hong Kong was to visit the Far East Group to learn, communicate and attract investment.

Not only that, they also rejected the invitations from the British and Rabbit people and focused on the Far East Group.

This frustrated the wishes of some people on both sides who wanted to meet the people who had accumulated some political capital, so Robert said that some people were going to be very angry.

There is no problem with the two important figures leading the team to visit, learn and communicate at the world's best technology companies.

The question is, where is your team? The two of you brought two entourages each, but not a single business person. You told me this was a business exchange, but can you come up with a more convincing excuse?

The Germans don't care whether it's related or not. What they want now is to meet with the Far East Group or the Luo family behind it urgently.

Sensors. As early as the early 80s, the Japanese said that whoever controls the sensors in the future will control the new era.

Many famous magazines in the world have ranked sensors first in their selection of the top ten technologies that have an impact on human life and changed the world.

What is a sensor? As the name suggests, it is a device that senses and converts data.

It can convert the detected information such as light, temperature, pressure, sound, etc. into voltage and current on the machine, so that the produced machine can be intelligent.

Take a Canon digital camera for example, the lens captures the light from the object and transmits it to the image sensor.

The sensor finds the corresponding light and converts it into an electrical signal, which is then processed and displayed as an image. Far East is a global sensor giant, and Honor's sensors are basically from Texas Instruments.

But at the same time, Far East is also the company that purchases the largest number of sensors in the world.

Every profession has its own specialties, and there are many types of sensors, with tens of thousands of types.

For example, according to the measurement type, physical quantities include pressure sensors, displacement sensors, vibration sensors, and so on.

Chemical quantities include gas sensors, humidity sensors, ion sensors, etc.

Texas Instruments' advantage in sensors lies in the electronic category, and after marrying with Far East, it has been shining in this category.

But the Far East Group is not limited to electronics. It is now involved in automobiles and industrial equipment. This is not Texas Instruments' advantage. The industry leader is Siemens.

Now the economic output of sensors is not so obvious, but after the advent of the intelligent era, this will be an industry with a scale of hundreds of billions of dollars a year, and it is still growing rapidly.

Since the group needs to import a large number of sensors every year anyway, it might as well integrate them now.

So Texas Instruments contacted Siemens, and both companies spun off their sensor businesses to form a new company, splitting the shares in half and giving Texas Instruments an extra seat on the board of directors.

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When Siemens heard about this, it thought it was a good idea. The two companies were evenly matched in terms of business revenue, but the inclusion of the Far East system on the list would undoubtedly allow Siemens' sensor business to increase its share. Who would use someone else's business when they have their own?

So the two sides hit it off, but although the relevant departments in the United States agreed to this matter, it was stuck with the West German government.

You should know that West Germany's most important manufacturing industry, 40% of the sensor market share is in the hands of Siemens. They are afraid that the Far East will use sensors as a starting point and then slowly erode some related industries in their own country.

Despite Siemens and TI's strenuous lobbying, a year has passed and the West German government still says no.

OK, you're blocking me, right? Then I'll make you uncomfortable.

At the beginning of this year, Canon suddenly announced a partnership with Carl Zeiss in East Germany to establish a laboratory in East Germany to jointly develop high-end lenses.

Immediately afterwards in March, Watsons announced that it had reached a strategic cooperation with Hebenqing Company and would become the sole agent of Hebenqing Company. In the future, Hebenqing Company will focus on production and research and development.

Many people haven't heard of He Benqing, but when it comes to the Little Daisy Hand Cream, it's very famous.

This was later known as the hand cream that every European had. It was easy to use and cheap, and was also loved by white-collar workers.

In June, Audi Group and Mudica vehicle manufacturer began cooperation to establish a research and development and production center in East Germany.

Mudica is a multi-purpose vehicle manufacturer and the only manufacturing company that East Germany can boast of in the world.

It produces various functional vehicles such as refrigerated transportation, snow removal, cleaning, airport transportation, etc., and has a reputation as a versatile vehicle that is useful and indestructible.

Just think about it, at the peak of the confrontation, Mudica's vehicles were exported to Western Europe and North America, forcing local car dealers to retreat step by step.

The cooperation between Audi Group and Mudica can be regarded as filling the gap in the field of multi-purpose vehicles.

What frightened West Germany the most was the news that came out at the end of August, saying that the Far East was preparing to establish a large experimental institution in East Germany.

There was nothing wrong with East Germany developing better and better, but this point in time was unacceptable to West Germany in any way.

I have to mention the Polar Bear here. After Comrade Qiao Fu came to power, he announced that he would no longer guide the political work of Eastern European countries because of various internal problems of the Polar Bear. You can do whatever you want.

At this moment, some people were happy and some were worried, and East Germany was the worried one.

Because East Germany was the first front line, it survived by relying on blood transfusions from the big brother.

Before the 1980s, the polar bear's economy surpassed that of the United States by selling oil, and people in East Germany lived better than those in West Germany.

But after the 1980s, as the United States and big oil companies suppressed oil prices, life for ordinary people in East Germany suddenly became difficult.

Especially now that the big brother above doesn't care anymore, people have started to flee.

West Germany now wants to use this slowly opened gap to tear the other side apart bit by bit, finally letting the other side see the benefits of its leadership, and finally unify them with public opinion.

But after Luo Nianzhong's intervention, things became different. People in East Germany felt there was still hope and began to wait and see.

In fact, there is no hope at all. Luo Nianzhong knows the final outcome better than anyone else.

In addition to causing trouble for the other party, investing in East Germany also allowed them to seize the initiative before unification.

Let the Luo family's business penetrate into Germany, and also make money.

You should know that in order to reduce the gap between the rich and the poor on both sides, Germany has allocated more than 2 trillion euros to East Germany for various infrastructure and people's livelihood projects over the past 20 years.

Now the whole of Eastern Europe has shown signs of capitalism. As long as we cooperate with some construction companies in East Germany, there will be a lot of money to be made.

West Germany also saw this, so its Minister of Finance and Deputy Minister of Foreign Affairs made up an excuse to come to Hong Kong Island.

“I am a businessman, and I value profit.

East Germany now has a large number of cheap scientific and technological talents, and I don’t think the current practices of the Far East are inappropriate.

Also, Secretary Fultz, please watch your words. I don't think you can make decisions for East Germany.

In my opinion, this meeting is meaningless. You can’t make decisions for each other, let alone for Yuandong.”

After Luo Nianzhong finished speaking, he smiled apologetically and said, "Sorry, I have other work. If West Germany has any good projects that need investment, you can contact me at any time."

The meeting was very brief, and Luo Nianzhong simply ignored the other party's request and did not give any face.

However, Fultz and Deputy Foreign Minister Melk did not seem angry about his rudeness.

"It now seems that Siemens' sensor business alone can no longer satisfy the other party's appetite."

Both of them are old foxes, how could they not understand Luo Nianzhong’s meaning?

I am a businessman who only cares about profits. If there is a good project looking for investment, I can contact him at any time, which means that the other party's conditions are very clear and can give me greater benefits.

"They really have no loopholes to exploit. This is why I hate these big capitalists."

Melk didn't respond to Fultz's words because he didn't know how to respond.

You hate capitalists, and West German capitalists hate you even more.

"Let's go. There's no point in staying in Hong Kong Island. Let's go back and figure out what to do.

I don't want to stay here, I'm tired of those British invitations."

(End of this chapter)