Becoming a Russian Oligarch After Rebirth
Chapter 1266 - 1033: What Can Be Gained

Chapter 1266: Chapter 1033: What Can Be Gained

Interrupting the eloquent Li Zairong, Wang Ye asked bluntly:

"If we cooperate to invest in the wafer factory, what can your side offer? Is it funds, talents, or equipment technology? Oh, and I must remind President Li that our wafer factory project lacks neither funds, talents, nor equipment technology!"

This statement essentially crushed any hope Samsung might have had of "cutting corners", as Samsung had nothing irreplaceable to offer. In contrast, Wang Ye’s side lacked nothing and had much better conditions than Samsung.

So why should Samsung be allowed to "ride on coattails"?

Li Zairong was taken aback for a moment, his face showing a bit of embarrassment. He might have never encountered such a situation elsewhere.

Others would at least give him or Samsung some respect and not make him lose face like this, but Wang Ye naturally didn’t need to worry too much.

To him, Samsung wasn’t qualified enough!

For a time, Li Zairong didn’t know what to say next and was caught in an awkward position. Fortunately, Li Fuzhen, sitting beside him, had a quick mind. Seeing the atmosphere had turned cold, she immediately smoothed things over, "Our visit this time is mainly to discuss the possibilities of cooperation with Director Mikhail, not necessarily a joint venture. If conditions allow, Samsung Group might consider relocating the wafer factory here. Then, working together with your wafer factory, we can jointly develop Russia’s chip industry, create scale effects, and compete with other countries!"

You can’t deny it, although she just rephrased it, it sounded much better to Wang Ye.

Wang Ye smiled and nodded, "This idea isn’t bad. If Samsung’s wafer factory is also built in Moscow, once it gets going, it could indeed create scale effects. There wouldn’t be any competition since I believe that, with technological advancements, the global market’s demand for chips is enormous!"

Such a significant investment offer, Wang Ye certainly wouldn’t refuse.

After all, projects like wafer factories require an investment of several billion or even tens of billions of US dollars. In the future, they could contribute a large number of high-paying jobs and tax revenues, having a very effective role in boosting local economic growth!

If Samsung is genuinely willing to place their wafer factory project in Moscow, Wang Ye wouldn’t skimp on offering them help and support policies, even industrial subsidies could be negotiated...

...

Li Zairong immediately caught the goodwill Wang Ye was showing and hastily said:

"Yes, our group is considering this.

Although the initial wafer factory project was planned in our country, after preparing for so long, we’ve found there are many difficulties in building a wafer factory at home.

The equipment issue is solvable, but the relevant talents are quite scarce. Trying to recruit talents from Western countries is also difficult.

After all, those experts aren’t willing to work far away from home. But it should be comparatively easier here in Moscow, since it’s in Europe after all.

The reason for this trip to Moscow is that we’ve heard that Director Mikhail places great importance on the chip industry and has even established the Industrial Fund Office to support related industries.

Although Samsung Group has substantial financial strength, the investment in a wafer factory is enormous, so we also hope to receive support from the national level.

Therefore, we wanted to discuss with you to see if our group’s wafer factory invests here, could we enjoy the support of the industrial fund?"

At this point in the conversation, Li Zairong had given up his initial fantasies and started to become pragmatic.

He had prepared two plans before coming.

The first plan was naturally to let Samsung and a local Russian enterprise form a joint venture to build the wafer factory. This way, the Samsung Group wouldn’t need to invest much capital themselves and could easily get support from the Russian industrial fund.

But this idea was blocked by Wang Ye right from the start!

The second plan is what Li Zairong is now proposing.

That is, Samsung invests on its own to build a factory in Moscow, but they need to negotiate with Wang Ye to get industrial fund support for their wafer factory as well.

After all, who wouldn’t want more money!

Wang Ye’s expression softened, and he said with a smile, "That simplifies matters. This afternoon I can invite the head of the Industrial Fund Office to meet with you for a detailed discussion. In principle, whether it’s foreign investment or domestic capital, as long as you are willing to invest in the chip industry and meet the basic conditions for support from the industrial fund, you can receive the support!"

...

In the afternoon, Wang Ye indeed introduced Yelena to Li Zairong for them to discuss the details of establishing Samsung’s wafer factory in Moscow.

Moreover, Wang Ye specifically instructed Yelena that it should be all business, with no need to make things difficult for Samsung, but there was also no need to give them any special favors...

Yelena nodded, indicating she understood. Having worked with Wang Ye for a few years, she naturally knew what he meant.

With Yelena handling the negotiations with the Samsung delegation, Wang Ye didn’t involve himself further and returned to his office to deal with other public affairs.

However, after about ten minutes, Nova knocked on the door and walked into the office to report, "Boss, Ms. Li Fuzhen from the Samsung delegation is outside and wishes to see you. Shall I let her in?"