Chapter 800

"Mr. Guo, Huanyu electronics has not reduced its salary."

"What?"

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

"Ah..."

Guo Taiming, who was reading the materials, put down the document.

He didn't expect that Chen Yu also gave him a hole in this matter.

"Mr. Chen, you're not authentic."

One phone call, Guo Taiming called Chen Yu again.

"President Guo, I don't know what you're talking about."

"Mr. Chen, don't pretend to be confused. The salary problem agreed before."

"Oh..."

Chen Yu pretended to be enlightened, and then said, "President Guo, did President Guo win our mission hills park?"

"President Chen, what do you mean?"

"Mr. Guo, it's not interesting. I just want to say that Foxconn can't decide the market. When Foxconn says salary increases, we have to follow salary increases. When Foxconn says price cuts, we also follow salary cuts. It's not that capitalists work together to bully the people."

"Chen Yu, did you deliberately pit me?"

Guo Taiming's face was cold.

"Mr. Guo, I didn't mean to pit you, but others hit me on the head. I can't help fighting back."

"Good, good, good, Chen Yu, have courage."

Guo Taiming smiled angrily: "OK, you won this time. However, Chen Yu, I have to give you a suggestion."

"Please."

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

With that, Guo Taiming hung up the phone.

"This guy is really hard to deal with."

Guo Taiming's words gave Chen Yu a headache.

Although he made a small hole in Foxconn, it was nothing to Foxconn.

At present, Huanyu electronic Mission Hills Park can only recruit about 90000 people, and there will be no so many orders.

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, what Guo Taiming finally said about the LCD panel makes Chen Yu attach great importance to it.

The LCD panel business is not doing well recently.

Since Chen Yu invested in the establishment of the LCD panel factory, the LCD panel cycle has become very powerful.

Since taking a stake in BOE, the price of LCD panel has fallen again and again. Up to now, it has fallen for four months.

If it continues to fall, BOE may be finished.

In itself, the end of BOE has nothing to do with Chen Yu, but Chen Yu has invested tens of billions in BOE.

And two new factories have been built.

If the LCD panel continues to fall, Chen Yu's tens of billions of investment is likely to be lost.

Of course, drifting is not the most deadly.

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

If this market is not kept, there will be another chance to be strangled by others in the future.

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

BOE Chen Yu is the major shareholder and holds 51% of the shares. At present, Wang Dongsheng is in charge.

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

For the first time, Chen Yu went to BOE in Beishi.

"Uncle Dongsheng, why are you here?"

Just got off the plane and saw Wang Dongsheng pick up at the airport. Chen Yu was a little strange.

"You are our big boss. Why is it strange for me to pick you up?"

Wang Dongsheng said with a smile.

"Uncle Dongsheng, your ability to deceive people has risen again."

"I never deceive people."

"Well, don't talk about this, uncle Dongsheng. Tell me about the company recently."

Chen Yu knew why Wang Dongsheng came to pick up the plane. He was not polite and asked directly.

On this question, Wang Dongsheng also said seriously: "President Chen, the situation is very bad. The price of LCD panels in the world has fallen for four consecutive months, and the price of 15 inch LCD panels plunged by 17% last month. The industry expects that this LCD panel cycle will last 12-18 months."

"12-18 months, so long."

Chen Yu's heart was cold.

The situation is more serious than I thought: "can the company withstand it?"

"Very difficult"

Wang Dongsheng shook his head: "we can hold on for 6-8 months at most."

"That shouldn't be a problem."

"President Chen, now four months have passed, and we can last up to four months."

"I'll go..."

Chen Yu burst into tears.

"Didn't the price of LCD panel rise well before? Why did it fall so much at once?"

Chen Yu asked puzzled.

"There are many situations. Let's get on the bus first."

Chen Yu and Wang Dongsheng sat in the college students who came to pick up the plane. Wang Dongsheng said: "one is that the major domestic TV manufacturers have greatly increased the output of CRT TV, which has reduced the demand for LCD panels, and the other is that Panasonic is vigorously promoting plasma TV."

Chen Yu understood this.

At present, TV generally adopts three kinds of screens, one is CRT, that is, the panel of our old color TV.

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

Another is plasma, that is, PDP.

So the problem came.

Will the future market choose CRT, LCD or PDP?

No one knows.

Although Chen Yu knows that the future market has chosen LCD.

But Chen Yu knows it's useless. Others don't know.

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

The market is not determined by God, nor does it choose a technology when it is good.

He chose it for a series of reasons.

Technically, in theory, plasma explodes LCD in display technology.

Even CRT is stronger than LCD in color.

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

At this time, it is the critical moment of choice.

Wang Dongsheng is a firm 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 are some well-known domestic TV giants such as 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 domestic color TV sets are slowly entering thousands of households, and users' demand for CRT is higher and higher, which makes them do not want to enter the field of LCD panel.

Similarly, Panasonic, which has higher technology, does not think so.

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

Thus, under the double attack of two major reasons, the liquid crystal panel Greg began to decline.

Of course, if it is an ordinary industry, the price will drop.

Anyway, any industry is cyclical.

He will fall and rise one day.

As long as you wait until the day of rise, you will also make money.

It's like pork.

There are times when prices fall.

When the price rises, you will know what it means to get rich overnight.

But LCD panel is different from other industries.

This is an industry focusing on capital and technology. The investment of a production line is 8-10 billion.

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

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

That's how the Hyundai LCD panel business in Korea ended.

So BOE bought the Korean Hyundai LCD panel production line.

Of course, why Samsung can live is because Samsung is supporting him by raising the strength of all South Korea.

When Wang Dongsheng explained this, Chen Yu frowned and asked, "Uncle Dongsheng, is there a solution?"

"Yes."

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

"Give me another 20 billion and I can withstand this wave of price reduction cycle."

"Poof..."

Chen Yu almost vomited blood.