Chapter 798: LCD Panel Crisis! ! !

"Mr. Guo, there is no salary reduction at Universal Electronics."

"what?"

"Not only did they not, they also increased by 50 yuan on the original basis."

"This shit..."

Guo Taiming, who was looking at the documents, put down the documents.

He didn't expect that Chen Yu would also be tricked by this matter.

"Mr. Chen, you are not being authentic."

A phone call, Guo Taiming called Chen Yu again.

"Mr. Guo, I don't know what you said."

"Mr. Chen, don't pretend to be confused. The salary issue was discussed earlier."

"Oh……"

Chen Yu pretended to be suddenly enlightened, and then said: "Mr. Guo, could it be that President Guo won our Guanlan Park?"

"Mr. Chen, what do you mean?"

"Mr. Guo, it's not interesting. I just want to say that the market can't be controlled by Foxconn. Foxconn said that the salary will increase, and we will follow the salary increase. Foxconn said that the price will be reduced, and we will also reduce the salary. This is not a combination of capitalists. bullying the people."

"Chen Yu, are you trying to trick me on purpose?"

Guo Taiming's face turned cold.

"Mr. Guo, I didn't mean to trick you, but someone hit me on the head, so I can't help but fight back."

"Okay, okay, okay, Chen Yu, be brave."

Guo Taiming laughed angrily: "Okay, you win this time. However, Chen Yu, I have to give you a suggestion."

"Please say."

"The manufacturing industry is not so easy to do. Don't look at your smooth sailing now, but if you are not careful, you may capsize. You should think more about your LCD panel business."

After speaking, Guo Taiming hung up the phone.

"This guy,

It's really hard to deal with. "

Guo Taiming's words gave Chen Yu a headache.

Although he made a small pit for Foxconn, it is nothing to Foxconn.

At present, Huanyu Electronics Guanlan Park can only recruit about 90,000 people, and there will not be so many orders after recruiting.

Therefore, although the salary level of Guanlan Park is higher than that of Foxconn, it is impossible for him to rob Foxconn employees for the time being.

On the contrary, it was the LCD panel that Guo Taiming said at the end, but Chen Yu paid great attention to it.

The LCD panel business has been in a bad situation recently.

Since Chen Yu invested in LCD panel construction, the LCD panel cycle has flourished.

Since becoming a shareholder in BOE, the price of LCD panels has been falling again and again, and it has been falling for four consecutive months.

If it continues to fall, BOE may be finished.

It has nothing to do with Chen Yu, but Chen Yu has invested tens of billions in BOE.

And also engaged in two new factories.

If the LCD panel continues to fall, the tens of billions invested by Chen Yu are likely to be lost.

Of course, drifting is not the most deadly.

If BOE is finished, then the domestic LCD panel will be completely controlled by Samsung in the future.

If this market is not preserved, there will be another chance of being strangled by others in the future.

"Brother Jian, let's go, let's go to BOE."

BOE Chen Yu is the major shareholder, holding 51% of the shares, and Wang Dongsheng is currently in charge.

Whether it is for funds or for the future, Chen Yu has to pay attention.

The first time, Chen Yu went to BOE in Beishi.

"Uncle Dongsheng, why are you here?"

As soon as he got off the plane, Chen Yu was a little strange when he saw Wang Dongsheng coming to the airport to pick him up.

"You are our big boss, what's so strange about me coming to pick you up."

Wang Dongsheng said with a smile.

"Uncle Dongsheng, your skill has risen again."

"Whatever, I never fool people."

"Okay, don't talk about this, Uncle Dongsheng, tell me about the company's recent situation."

Chen Yu knew the purpose of Wang Dongsheng coming to pick up the plane, and asked directly without being polite.

This question, Wang Dongsheng also said seriously: "Mr. Chen, the situation is very bad. The price of global LCD panels has been falling for 4 consecutive months, and the price of 15-inch LCD panels has plummeted by 17% last month. It is expected that the LCD panel cycle will last for 12-18 months.”

"12-18 months, such a long time."

Chen Yu froze in his heart.

The situation is more serious than I imagined: "Can the company withstand it?"

"Very difficult"

Wang Dongsheng shook his head: "We can last for 6-8 months at most."

"That shouldn't be a problem."

"Mr. Chen, four months have passed now, and we can last for a maximum of four months."

"I go……"

Chen Yu burst into tears.

"Isn't the price of LCD panels rising well before, why did it drop so much all of a sudden?"

Chen Yu asked in confusion.

"There are many situations, let's get in the car and talk about it first."

Chen Yu and Wang Dongsheng sat in the college students who came to pick up the plane. Wang Dongsheng said: "One is that major domestic TV manufacturers have greatly increased the production of CRT TVs, but the demand for LCD panels has decreased, and the other is Japan's Panasonic side. Plasma TV is being promoted vigorously.”

Chen Yu understood this.

At present, TV generally uses three kinds of screens, one is CRT, which is the kind of panel of our old-fashioned color TV.

The other is LCD, which is also known as liquid crystal.

There is also a plasma, that is, PDP.

So here comes the problem.

In the future, will the market choose CRT, LCD, or PDP?

Nobody knows.

Although Chen Yu knew that the future market chose LCD.

But Chen Yu knows it's useless, others don't.

And even if Chen Yu knows, it is not necessarily whether the market will choose LCD in the future.

The market is not determined by God, and it is not a matter of choosing a certain technology if a certain technology is good.

He was chosen for a combination of reasons.

Technically speaking, in theory, plasma can completely explode LCD in display technology.

Even CRT is stronger than LCD in terms of color.

But there must be a reason why later generations did not choose plasma and abandoned CRT.

At this point, it is time to make a choice.

Wang Dongsheng's side is a firm LCD representative.

He believes that LCD will occupy the vast majority of the market in the future.

But many domestic TV manufacturers do not think so. The most representative ones are well-known domestic TV giants like TCL, Changhong, and Skyworth. Although they believe that LCD is obviously superior to CRT in terms of appearance and energy saving, they also believe that CRT still has a large market in China. It is obviously unwise to abandon the current CRT when it is unclear what to choose in the future.

Moreover, now that domestic color TVs are slowly entering thousands of households, users' demand for CRTs is getting higher and higher, which makes them not want to enter the field of LCD liquid crystal panels.

Likewise, Panasonic, which has higher technology, doesn't think so.

He believes that the future will be the world of plasma.

In this way, under the double attack of two major reasons, the LCD panel grid began to decline.

Of course, if it is a general industry, the price will drop.

Anyway, any industry is cyclical.

He will fall, and there will always be a day when he will rise.

As long as you wait until that day, you will also make money.

It's like pork.

There are times when prices drop.

When the price goes up, it will let you know what it means to get rich overnight.

But LCD panels are different from other industries.

This is an industry that relies heavily on capital and technology, and the investment in a production line is 8 billion to 10 billion.

Not to mention the previous investment of BOE, Chen Yu himself invested more than 26 billion yuan for it.

If the downgrade of LCD panels continues to decline for one to one and a half years, a large number of LCD panel manufacturers will go bankrupt.

This is how the Hyundai LCD panel business in South Korea came to an end.

That's why BOE bought the Hyundai LCD panel production line in South Korea.

Of course, why Samsung can live is because Samsung is supporting him with the power of the whole of Korea.

Wang Dongsheng's explanation, Chen Yu frowned, and asked, "Uncle Dongsheng, is there a solution?"

"Have."

Chen Yu's eyes lit up: "What way."

"Give me another 20 billion, and I will be able to withstand this wave of price cuts."

"puff……"

Chen Yu almost vomited blood.