My capital is quite large.

Chapter 189 Intercepting

After acquiring absolute control of Blue Hole, Li Feng did not rush to leave Seoul.

Holding this priceless "chicken dinner" trump card in his hand, he turned around and headed to a top-notch teahouse in Gangnam District, Seoul.

There, a meeting that could change the landscape of the domestic semiconductor industry awaited him.

The sliding door of the tea room was slowly opened by a waiter dressed in a kimono.

Lee Jae-yong, the current heir of the Samsung Group and the soon-to-be successor, is kneeling in front of the tea table, personally cooking.

Upon seeing Li Feng enter, Li Zairong's face immediately lit up with a warm smile.

"Mr. Li, you've graced Seoul with your presence! Why didn't you let me know in advance? I could have arranged your hospitality and shown you some hospitality."

Lee Jae-yong smiled and poured Lee Bong a cup of tea.

In Lee Jae-yong's eyes, the young Chinese tycoon in front of him was a true "spendthrift"!

Not long ago, they spent a staggering 3 billion US dollars to buy a 20nm production line and license from him.

Today, he took the initiative to come over for tea again. Lee Jae-yong instinctively thought that this sugar daddy must be here to deliver money again with some big business deal!

"President Li, you're too kind. I came to Korea on some personal business and took the opportunity to catch up with you."

Li Feng picked up his teacup, took a sip, and without beating around the bush, got straight to the point:

"I heard that Samsung Electronics is planning to invest in building a super factory for high-end memory chips in Tokyo?"

Upon hearing this topic, Lee Jae-yong paused slightly in his teacup, a hint of surprise flashing in his eyes.

"Mr. Li's information network is indeed very efficient."

Lee Jae-yong put down his teacup and didn't hide anything. "There is indeed such a plan. Samsung Electronics has already signed an initial strategic cooperation agreement with Chang'an City in the west."

"We originally planned to break ground last September. However... due to some well-known controversies and approval processes, the formal investment contract has been delayed, and it is estimated that it will not be signed until March of this year at the earliest."

"Since the contract hasn't been officially signed yet, there's still room for negotiation."

Li Feng looked at Li Zaiyong, a meaningful smile playing on his lips: "President Li, would you be interested in relocating this mega-factory?"

"How about we go somewhere else?"

Lee Jae-yong was stunned for a moment, then couldn't help but burst out laughing, waving his hands repeatedly, "President Lee, you must be joking."

"Although it's just a letter of intent, it's still signed with the Chang'an City government. Such a massive multinational investment project involves diplomacy between the two countries and countless policy coordinations. If they change leadership at the last minute or unilaterally breach the contract..."

"That would cause unnecessary administrative disputes and diplomatic troubles. This is not child's play."

"I'll help you resolve any domestic disputes and troubles."

Li Feng's tone was calm, yet it exuded a strong sense of confidence.

"I hope that Samsung Electronics' new factory can be located in Nanjing!"

"I very much look forward to Haofeng Group and Samsung Group forming a deeper and longer-term strategic partnership on this land."

A deep strategic partner?

Upon hearing this word, Lee Jae-yong's smile gradually faded.

He leaned back slightly, and his gaze towards Li Feng held a hint of the condescension typical of a top global conglomerate.

"Mr. Li, we're all business people, so I might be a bit blunt. Please don't mind."

Although Lee Jae-yong used polite language, his tone was full of arrogance:

"You just said that Haofeng Group intends to form a deep strategic partnership with Samsung?"

"Excuse my bluntness, but no matter how fast your Haofeng Group develops, its overall valuation, at best, is only a little over three hundred billion US dollars, right?"

"And what about Samsung Electronics? We're among the top three global technology companies by market capitalization! Our total market value exceeds $150 billion!"

"That's a difference of five times in size!"

Lee Jae-yong revealed the fundamental difference between the two: "Moreover, Samsung is a real business! We are a physical giant that makes semiconductors, screens, and the world's top hardware!"

"And what about you, Haofeng? You're nothing but a hollowed-out pan-entertainment company, making games and running a celebrity entertainment business!"

"Mr. Li, you're asking me to give up the generous offers from Chang'an City, risk offending the western government to change the location, just to negotiate some so-called 'deep cooperation' with a gaming internet company?"

"What kind of deep cooperation could we possibly have? Are you suggesting we have your celebrities endorse our chips?"

Lee Jae-yong's words were piercing, vividly demonstrating the hierarchy of contempt that multinational conglomerates hold for emerging internet companies.

In his view, it's one thing for Li Feng to have the money to buy my production line, but you're not qualified to talk about "deep strategic cooperation" with Samsung on equal footing!

however.

Faced with Lee Jae-yong's extremely sarcastic words, Lee Feng was not as angry as one might expect.

"President Li, that's not how you calculate things."

Li Feng put down his teacup and slowly raised one finger.

"First, the tax exemption period that Chang'an City offered to win you over, if I'm not mistaken, is ten years, right?"

"If you choose to locate in the Nanjing Semiconductor Industrial Park, I can personally intervene and help you negotiate a tax exemption period of twelve years!"

Lee Jae-yong's eyes narrowed slightly.

A two-year tax exemption! For a super factory like this, with investments reaching tens of billions of dollars, a two-year tax exemption is absolutely equivalent to billions of dollars in astronomical profits!

But that alone was not enough to make him risk breaching the contract by changing the address.

"second!"

Li Feng raised his second finger and precisely pierced Li Zaiyong's biggest weakness!

"President Lee, Samsung Electronics has expanded its production capacity for memory chips and processors too rapidly in recent years."

"I know what you're most afraid of right now is that once the factory is built, there will be overcapacity, and you won't be able to handle all that inventory, leaving you with unsold stock!"

"As long as you build your factory in Liangjiang and become my neighbor."

"Xiaomi Technology, which I hold a controlling stake in, will be able to use, prioritize, and fully utilize the chips and memory produced by Samsung's new factory for all its mid-to-high-end smartphones over the next five years!"

"I'll use the number one mobile phone brand in terms of shipments in the entire Chinese market to help you absorb your excess production capacity!"

Upon hearing this, Lee Jae-yong's breathing became rapid!

As a hardware giant, Xiaomi knows all too well how terrifying its smartphone sales are right now! If Xiaomi guarantees all its orders for the next five years, then this new factory will not only avoid the risk of overcapacity, but will even be profitable from the moment it starts production!

This is a massive market worth hundreds of billions of dollars!

"third!"

Seeing that Lee Jae-yong was clearly wavering, Li Feng threw out his final trump card!

"As long as you set up operations here, all the land for the new factory will be provided free of charge!"

"We at Haofeng Group can even advance the funds for the factory's infrastructure construction and help you with the construction!"

"Twelve years of tax exemption, five-year order guarantee, free land and factory construction!"

Li Feng rested his hands on the tea table, staring at Li Zairong: "President Li, I think these terms are definitely more generous than what Chang'an City offered, right?"

"And, if I'm not mistaken..."

"Once this investment and the unprecedentedly high rate of return are reflected in your financial statements..."

"Shouldn't we change how everyone addresses you at the board meeting in Seoul from 'Vice Chairman Lee' to 'Chairman Lee'?"

This last sentence pierced through Lee Jae-yong's deepest desire for power!

In the battle for succession, performance is king!

With such a perfect and impeccable return on international investment, who within the Samsung Group would dare question the legitimacy of his succession?!

Lee Jae-yong's face, which had been arrogant, was now flushed red!

He picked up the tea on the table and drank it all in one gulp, forcibly suppressing the overwhelming joy that was about to leap out of his throat.

"Mr. Li... the conditions you offered are indeed... impossible to refuse."

Lee Jae-yong looked at Lee Feng again, the contempt in his eyes completely gone.

"However, the strategic letter of intent from Chang'an City has already been signed..."

"Don't worry, President Li," Li Feng said with a calm smile.

"As I just said, I'll handle the troubles in China."

"An intention is ultimately just an intention. As long as the contract hasn't been signed, it's always possible for things to change."

"Leave the public relations and subsequent administrative appeasement to me. You just need to prepare the board resolution."

"good!!!"

Lee Jae-yong suddenly stood up and tightly grasped Lee Feng's hands.

"Mr. Li! It's a pleasure doing business with you!"

"As long as you can resolve the breach of contract dispute in Chang'an, Samsung Electronics' super factory will definitely be located on your territory without hesitation!"

……

Stepping out of a top-tier teahouse in Gangnam, the Seoul night breeze carried a slight chill.

Li Feng sat in the back seat of the Rolls-Royce that had been waiting for him and took out a specially encrypted satellite phone.

The call was dialed and answered after only two rings.

"Hello, boss."

Li Feng's voice changed from the sharp and assertive tone he had used in front of Li Jae-yong to a humble one.

"Xiao Feng, why are you calling so late? Is there any new development in South Korea?" The voice on the other end of the phone was still refined and calm.

Li Feng took a deep breath and reported in detail the verbal agreement he had just reached with the Samsung heir, as well as the series of conditions offered, including tax exemption, free land, and factory construction.

There was a full half-minute of silence on the other end of the phone.

"Good lad! You went to Seoul and snatched a multi-billion dollar project for our Liangjiang Province!"

The leader's voice was unusually excited.

As a pragmatic leader focused on economic development, he clearly understood what a multi-billion dollar Samsung semiconductor super factory meant for the economy and industrial structure of a province!

In its previous life, Chang'an City successfully attracted Samsung Semiconductor, which not only drew in hundreds of billions of dollars in foreign investment but also created a series of magnetic effects!

More than 100 domestic and foreign supporting companies have flocked in, covering the entire industrial chain from raw materials and equipment to manufacturing and packaging!

Key foreign companies such as LOT Vacuum semiconductor vacuum pumps and Shinhan Diamond chemical mechanical polishing consumables from South Korea have settled in the country, and local supporting companies have also seen explosive growth.

In just a few years, Chang'an's semiconductor output value has jumped from a paltry 100 billion yuan to over 500 billion yuan! The province's national ranking has soared from eighth to fourth!

It has built a complete chip industry ecosystem, encompassing materials, design, manufacturing, packaging, testing, and applications!

Now, with Xiaomi guaranteeing orders for the next five years, Li Feng has brought this gold mine, which is capable of changing the fate of an entire province, from the far northwest to Nanjing's doorstep!

If this is implemented, Liangjiang Province's GDP and high-tech industry scale will definitely surpass that of Guangdong!