Chapter Seven Hundred and Fiftieth Eight: It's Nice to Have Money

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In terms of the scale of Huanyu Technology, of course, it is far more than 18 billion, and it is also far more than 26 billion.

But the scale is the scale, it is almost impossible to come up with 18 billion cash flow.

But how did the 18 billion come about?

Is it really robbing a bank?

However, whether it was a bank robbery or not, Wang Dongsheng was extremely excited.

With these 18 billion, they have greatly shortened the distance with Samsung.

Especially the 5th generation production line, you must know that Samsung is only launching the 6th generation now.

As long as they continue to invest, they may not be able to compete with Samsung.

...

"Mr. Chen, our investment is too big."

Zhang Jianming has some disapproval of Chen Yu's investment: "26 billion in cash now can completely double the expansion of our home appliance supermarket."

"The home appliance supermarket can expand slowly. This is not urgent, but we must start the display business as soon as possible."

The display business and the chip are equally important industries.

Even, to some extent, he is more than the chip.

Take the application as an example, a mobile phone needs a display screen, a computer needs a display screen, and a notebook also needs a display screen.

Likewise, color TVs also need a display screen.

In particular, in the future, color TVs will be transferred to LCD TVs, and the screen of almost a TV is equivalent to 80% of the price of the entire TV.

In addition, a screen is also required in the security monitoring section.

It can be said that the application of the display screen is extremely wide.

He can not only create huge value, but also create huge employment.

And, to be honest, just opening another 4.5-generation production line and one 5-generation production line is not enough.

Now South Korea has started to engage in 6 generations.

These companies are not only ahead of the Chinese people, but also have more say in the future development of science and technology.

As now, why will it enter the LCD field in the future?

This is not a gamble.

Although Wang Dongsheng judges that there will be an unprecedented market for LCD screens in the future, this is actually a prediction.

But the real players, they do not predict, but dominate the market themselves.

If I want to engage in LCD, then the market will be dominated by LCD in the future.

I want to engage in plasma, the future is the world of plasma.

In the future, I don't want to engage in LCD, so I will engage in LED.

In the future, I don't want to engage in leds, so I will engage in OLEDs.

In the future, I don't want to engage in oled, I will engage in amoled...

Don't think it's an advanced technology replacing a backward technology.

Not necessarily.

Like plasma and LCD, LCD is actually a poor technology.

Plasma is better than LCD in terms of brightness, contrast, visibility, and color.

At the same time, many people think that LCD is more eye-friendly.

Actually not.

LCD instead has a more damaging effect on the eyes.

But why did the market choose LCD, not plasma.

This is not the choice of the market.

It's a battle of giants behind it.

The LCD manufacturers represented by Samsung have beaten the plasma display manufacturers to the bottom of the pile, and it is over.

As now.

When lcd is being launched by Samsung, many domestic home appliance manufacturers think that the CRT market is still very large.

Even, at this time Changhong, TCL also went to buy the crt production line that was eliminated in Europe and the United States.

But when they produced CRT TVs on a large scale, an outbreak of LCD liquid crystals made them suffer a terrible loss.

This is the lesson of blood.

Chinese people not only failed to master advanced technology, but also failed to compete with international giants.

Even in terms of market judgment, it only relies on betting and guessing.

It is precisely because of such lessons that Chen Yu not only wants to enter the display screen business, but also becomes an industry standard setter.

certainly,

This still has a long way to go.

But no matter how long the road is, it will be taken step by step.

The display business is the first step.

As for the second step, that is color TV.

In the field of electronics, in addition to mobile phones, the most important thing is color TV.

And in the future, color TVs will be further upgraded and transformed under the development of the Internet to become more high-tech products.

This is also of great help for building the electronic industry chain of Huanyu Technology.

"Brother Jian, the display business is like this first. By the way, how do you think we enter the color TV business?"

"what?"

Zhang Jianming almost sprayed water.

I was talking about the display business just now, but now it has become a color TV.

Is Chen Yu's brain circuit changing too fast?

"Mr. Chen, why did you suddenly think of a color TV?"

"It's normal, color TVs also need a display screen, and we're just working on a display screen."

"Uh……"

This seems to make sense.

Zhang Jianming had some headaches, and he didn't know how to dissuade Chen Yu for a while.

"Mr. Chen, do you mean that we will launch a color TV belonging to our Huanyu brand?"

"almost."

"But we don't have the technology for that."

"The technology of color TVs is very simple, just like mobile phones, or even simpler than mobile phone technology. Didn't we have no technology when we made mobile phones, but we didn't do it?"

"this……'

Zhang Jianming was speechless.

This is indeed true.

Huanyu Technology did not have any mobile phone technology at that time, but it has also developed all the way to the present.

Moreover, the current Huanyu mobile phone also leads the trend.

"Don't do this, I have already decided that the Furi TV is good. I heard that it is going bankrupt. You can communicate with them to see if they have any intention of selling it to us."

"Okay, okay."

It really can't keep up with Chen Yu's brain circuit. Now that Chen Yu has decided, Zhang Jianming has no choice but to do it.

A few days later.

Chen Yu and Zhang Jianming came to Furi Electronics.

Furi Color TV is one of the businesses of Furi Electronics.

At that time, Furi Color TV could be said to be the core business of Furi Electronics, and based on this business, Furi Electronics was successfully listed in 1999. But after the listing, it couldn't stand the competition of Changhong, TCL...the old color TV manufacturers, and they almost went bankrupt.

Furi Electronics attaches great importance to the arrival of Chen Yu and his party from Huanyu Technology. When Chen Yu and the others got off the plane, the chairman of Furi Electronics came to greet them in person.

"Mr. Chen, this is our Furi color TV. At that time, our Furi color TV was a joint venture with Japan. It can be said to be the most advanced in China in terms of technology. The market believes that our color TV is almost comparable to imported color TVs."

"Liu Zhihong", chairman of Furi Electronics, is the director of Sheshi Economic Development Zone, and is also named chairman of Furi Electronics.

The reason for the name is entirely because Furi Electronics is a state-owned enterprise.

However, state-owned enterprises return to state-owned enterprises, and state-owned enterprises will also go bankrupt if they do not operate well.

Liu Zhihong has also introduced capital, but unfortunately the market competition is too bad, and the previous three waves of capital have all lost in it.

So far, Furi Electronics does not have any capital that dares to patronize.

Just when Furi Electronics was going to sell its own shell (other companies used Furi Electronics' resource shell to go public), but unexpectedly, Chen Yu from Universal Technology suddenly came to visit.

This made Liu Zhihong both surprised and happy.

He has little experience in how to manage Furi Electronics, but his own vision is still there.

Universal Technology is a powerful company. If it sells its color TV business to them, it will be able to recover some losses.

After a detailed discussion, both parties were satisfied.

One of Furi Electronics wants to sell, and the other of Huanyu Electronics wants to buy. There is no problem here.

The problem is the price.

Of course, it's not that Chen Yu thinks the price is too high, it's really too low.

Liu Zhihong actually quoted a price of 1 billion yuan.

Although the industry evaluates that Furi Electronics is not worth 1 billion yuan at all, but just looking at the factory and the land, I don't know how many times it can be increased in ten years.

"The price of 1 billion is no problem, just how long will the whole process take?"

"Mr. Chen, it's like this. Because we are a state-owned enterprise, we still need to review some things that should be reviewed. At the same time, we have to complete some procedures. I estimate that we can complete all the deliveries in about half a year."

"Half a year is too long."

Chen Yu frowned.

"No way, these procedures must go..."

"We add 100 million."

Chen Yu did not listen to Liu Zhihong's nonsense, and directly increased the price by 100 million.

"Mr. Chen, Mr. Chen, we are three months, no, two months... Mr. Chen, 1 month, 1 month to help you get through this process."

"What about the workers?"

"Most were fired."

"Get all the workers back."

"Mr. Chen, this is a bit difficult. After all, many people don't know where they went."

"1.2 billion."

Chen Yu added another 100 million.

Liu Zhihong's eyes brightened, and he vowed: "Mr. Chen, I promise to get them all back."

"Okay, Director Liu, I will send someone to sign an acquisition contract with your company and transfer the security deposit to your account. Happy cooperation..."

"Pleasant to work with."

Extremely excited, Liu Zhihong held Chen Yu's hands.

For him, the problem that has plagued him for a year is finally resolved.

Not only was it solved, but he also overfulfilled the task and sold an extra 200 million RMB.

This is a political achievement, and it has huge benefits for his future in the future.

However, compared to Liu Zhihong, the extra 200 million RMB Chen Yu did not even frown.

But after such a successful acquisition of the color TV business of Furi Electronics, Chen Yu had to sigh: "It's good to have money..."