In the end, Lee Jiankang made an accurate judgment. Samsung Electronics could not be sold. Samsung had already decided on the development direction of the LCD screen, so they could not be swayed.
Now that he had sold Samsung Electronics for 500 million USD, it seemed like he had made a profit of 400 million USD. In the future, he could start over again. But what would the people in Samsung think?
Also, if the Daqian bought Samsung Electronics, they would have to buy all of Samsung Electronics' technology patents. Even the employees of Samsung Electronics would be taken away by the Daqian. This was equivalent to digging up the roots of Samsung's LCD screen. It would take more than a year or two to grow a new tree.
Therefore, although 500 million USD was tempting, it was a poisonous bait that could not be swallowed. But to be honest, even Lee Jiankang would find it difficult to refuse 400 million USD of net profit.
After all, in 1995, Samsung Group's net profit was only about 2 billion USD. Samsung earned a lot, but it also spent a lot. It was also rapidly launching new projects and companies, so its funds were a little stretched.
Therefore, even if Lee Jiankang rejected the acquisition, it would be a test of his heart!
However, after hearing his father's rejection, Lee Jailong's expression turned a little gloomy. After all, Lee Jailong was the most enthusiastic person about this acquisition.
Why was Lee Jailong so enthusiastic?
The reason was simple. Lee Jailong needed credit, and he needed real credit. Samsung was the Lee family's business, but the Lee family did not have a firm control over Samsung's shares.
When Lee Jailong started his business, Samsung's shares were gradually distributed to the Lee family, Samsung's founders, and the Korean government.
After all, it was unclear whether Samsung's shares were owned by the Korean government, or the Korean government's shares were owned by the Korean government.
Currently, the two most decisive forces within Samsung were the Li Family and the Three Star Elders.
However, Samsung's elder faction had no intention of fighting for power with the Li family. Samsung's elder faction had always followed the Li family's lead. That was why Li Jiankang had been firmly in control of his father's Samsung for so many years.
However, this didn't mean that the Three-Star Elder Faction didn't care about anything. On the contrary, the Three-Star Elder Faction could sometimes display an exceptionally powerful force, and that was when choosing a successor.
Li Jiankang was actually his father's third son. Logically speaking, it was not his turn to inherit the Samsung Group. At most, he would be given the shares of one of the subsidiary companies, and that would be about it.
But the problem was, Li Jiankang's eldest brother and second brother were completely useless.
Li Jiankang's elder brother was the first to take over Samsung from his father. However, Li Jiankang's elder brother was a rather headstrong person. He did things on a rampage, and he was also very aggressive towards the elders in the company.
It would have been fine if Li Jiankang's elder brother had made some achievements. However, in the six months that his elder brother had taken over, the entire Samsung Group had fallen into chaos. It was the first time in its history that Samsung Group had ever suffered a loss.
Hence, the elders went berserk and chased Li Jiankang's elder brother away. Even his father could do nothing about it.
In theory, Li Jiankang should have taken over the company. However, Li Jiankang was a notorious playboy. The elders rejected him and asked Li Jiankang to take over the company.
Li Jiankang was indeed capable. Under his leadership, Samsung Group regained its stability and growth. Hence, the Three-Star Elder Faction continued to work for Li Jiankang. Their lives had been very stable.
Therefore, the Three-Star Elder Faction was usually very obedient. However, when it came to the company's successor, they had a lot of choice. They would choose the best successor to inherit Samsung Group. Even if Li Jiankang appointed Li Zailong as his successor in the future, if Li Zailong did not have the corresponding merits and abilities, the elders would never let Li Zailong take over so easily.
Although Li Zailong's father, Li Jiankang, did not have a second child in his life, and only had Li Zailong as his only son, Li Jiankang's eldest brother and second brother had several sons. Moreover, they had made a lot of contributions within the Samsung Group. The elders would not insist on letting Li Jiankang's son take over.
As long as he was a member of the Li family, as long as he was capable, he would be the successor of the Samsung Group.
Therefore, Li Zailong was now desperately trying to get merits to prove his ability. What could be bigger than a net profit of 400 million USD?
As long as Li Zailong could facilitate the transaction with Samsung Electronics, it would increase the Samsung Group's profits by 400 million USD. Naturally, it would be a great achievement. Unfortunately, this good thing was rejected by his father!
Therefore, Li Zailong's face was very dark at this time. It was not until the afternoon when he saw Boss Jia again that he regained his smile.
"I'm very sorry, Samsung is unable to agree to this transaction!" Manager Cui said calmly.
"Well, it seems that Manager Cui has already asked your chairman. 500 million USD is our bottom line. Then, let's not talk about the acquisition of Samsung Electronics!" Boss Jia did not argue too much.
Nonsense, Boss Jia would not spend 500 million USD to acquire Samsung Electronics. Wouldn't it be better to use 500 million USD to do research for the Daqian R&D Center?
Therefore, Boss Jia did not really have the intention to acquire Samsung Electronics. If Samsung agreed, it would be a big problem. However, Boss Jia knew that Li Jiankang would never agree to this transaction. That was why he said this.
As for why Boss Jia did this, of course, it was to lay the groundwork for the next transaction.
"I'm very sorry, but I think we can talk about another acquisition. Samsung …" When Manager Cui was about to mention the acquisition of Daqian mobile phones, Boss Jia suddenly slammed the table in surprise and said, "You said another acquisition? Oh right, I don't actually need to buy Samsung Electronics."
"I want to buy Samsung Electronics just to make screens for our mobile phones. In that case, it's the same to buy your production line."
"Manager Cui, and Comrade Li, let's make another transaction. What do you think if I buy your fourth-generation LCD production line?" Boss Jia asked excitedly.
"This … we are really not here to …" Manager Cui looked at Boss Jia helplessly and opened his mouth. Couldn't he complete the original task properly?
"I'll pay 100 million USD!"
"… I understand … I need to ask for instructions!" Manager Cui swallowed his saliva and nodded. Samsung Electronics' fourth-generation production line cost 20 million USD. If it could be sold for 100 million USD, it would be four times the profit!
Well, it was still good!
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