Recent new actions of Samsung Electronics (hereinafter referred to as Samsung):
1. Dongjin Semiconductor announced on December 19 that it recently passed the EUV PR (photoresist) reliability test of Samsung Electronics.
2. Samsung reached a cooperation with Tesla and began to produce chips for Tesla FSD (fully automatic driving) system.
One of these two actions points to the field of chip manufacturing raw materials, but it is not known whether they will actually be used to replace Japanese photoresist; Another Samsung will comprehensively expand the market of electric vehicles and autonomous vehicle in 2022, pointing to the hot new energy vehicle market. As an enterprise that has been established for more than 50 years, the exploration of photoresist may be forced by the risk of “glue breaking”, but its layout in the field of new energy vehicles appears to be insightful.
Samsung Electronics, born with a golden key
In 1938, founder Li Bingzhe bought an 825-square-meter shop near the West Gate Market in Daegu, South Korea, and formally founded the Samsung Chamber of Commerce (the predecessor of Samsung Group) to engage in food trade. The main business is to sell fruits and vegetables from Daegu and dried fish slices from Posco to northern China; In the following year, another brewery was set up, which took into account the wine business, and thus officially opened the business road of Samsung.
Strictly speaking, Li Bingzhe did not start from scratch. In the 1920s, he dropped out of Waseda University in Japan for physical reasons and returned home. Born in a wealthy family, he took a license from his home and pawned it to a land with an annual yield of 32 tons of grain. The timely grain yield was equivalent to 150 mu of land, serving as his “angel wheel”.
Li Bingzhe started his first business with the money of “Angel Wheel”. After investigating the local market, he partnered with others to open a rice mill to do rice business. Through the way of low income and high sales of rice, they quickly accumulated into local young millionaires; But the good news is not long. Because of the difficulties in capital turnover in the process of operation and the rapid expansion of business scale, we owe a large amount of loans to local Japanese banks. In 1937, the bank took out loans again, and the assets earned from opening the rice factory were wiped out.
In 1938, Li Bingzhe changed his mind and set up the Samsung Chamber of Commerce with his remaining money. He chose to operate the food trade, which is a business with small profits. Only a year later, Lucky found Li Bingzhe, who by coincidence copied the “Korean Brewing” liquor company, which was sold at a low price at that time. Li Bingzhe’s business is booming with the help of the Chamber of Commerce and liquor enterprises; Unfortunately, when the Pacific War broke out, the Japanese authorities stepped up the plunder of goods and materials in the territory occupied by North Korea at that time. The grain, oil and food and other materials were the first to bear the brunt. The business of the Chamber of Commerce was basically unable to carry out normally. It was not until the end of World War II that the business got a little better.
In 1948, taking advantage of the relatively stable business environment in South Korea after the Second World War, Li Bingzhe founded the “Samsung Products Company” on the basis of the Chamber of Commerce and started the import and export business of goods. “Samsung Products Co., Ltd.” took a short time to achieve more than 100 kinds of import and export goods, with an annual profit of 120 million won. But unfortunately, in time for the outbreak of the Korean War, the product company was destroyed by the war, and the previous efforts were wiped out.
In 1951, Li Bingzhe rebuilt the “Samsung Products Company” in Busan with the surplus of 300 million won from “North Korean brewing”. After one year of operation, it returned to the pre-war level, with an asset of 6 billion won. It has to be said that the strength of “Maotaixiang Technology” has been shown since the 1950s, and it can make profits as usual in the war.
Since the 1950s, Li Bingzhe, who is engaged in import and export, has once again changed his mind. After completing the original accumulation of capital, he will shift from commercial capital to industrial capital. At that time, South Korea was still a backward agricultural country, most of the materials needed to be imported, and the domestic industry was still in the stage of a hundred wastes to be recovered; So Li Bingzhe started with food raw materials, started the sugar industry, and then started the textile industry.
The specific operation mode is to purchase the equipment required by industry from abroad and assemble the production line back home. This is also related to the premise that South Korea became the front line of the US-Soviet confrontation at that time. South Korea received a large amount of assistance from the United States and is encouraging enterprises to build light industry. Li Bingzhe complied with the general environment at that time. At that time, South Korea began to restrict imports in order to protect the development of its light industry, and Li Bingzhe’s sugar and textile enterprises could just take the market share vacated after the import restrictions were put into operation; So the light industry territory belonging to Samsung has expanded.
In 1957, the stable environment after the war also gave birth to the development of domestic industry and commerce in South Korea, but at this time, the banking industry that provided financing loans for domestic enterprises could not well meet the demand for enterprise loans; At the same time, the memory of the failure of the first venture due to bank loan withdrawal lingers in Li Bingzhe’s heart. So taking advantage of the opening of the banking industry by the government, Samsung bought 50% shares of each of the four banks and entered the financial industry. Relying on the financial industry, Samsung has a strong financial support, levered the lever to start a major merger and acquisition, and successively entered the manufacturing, insurance, securities, real estate, and cultural industries. So far, Samsung’s business empire has been initially established.