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Chapter 440: A Thunderbolt from the Blue Sky

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    Wang Yaocheng was pondering over and over in his heart, the director of the secretariat, Zhao Feng, walked in with a serious expression, and handed over a fax;

    "Chairman, this is a document just sent by President Dong Mingzhu of the Yellow River Technology Group. It is about the suffering of the LCD panel industry in Taiwan. Many companies are on the verge of bankruptcy.  accepted."

    "What?"

    The news was like a bolt from the blue, and Wang Yaocheng's complexion changed suddenly after the shock.

    He hurriedly took the document and read it carefully, and his heart immediately fell into an abyss.

    this¡­¡­

    how come?

    "Where is President Dong Mingzhu?"

    "She has already flown to Yanjing City with the materials, hoping to meet with the superiors, stating the great contribution made by the Yellow River Technology Group in maintaining the order of the LCD panel industry and breaking the LCD panel price alliance between Japan, South Korea, and Taiwan.  Interfering in the market has made the company's years of hard work come to nothing, and President Dong Mingzhu is not optimistic about the specific results, so I hope you can personally lobby"

    Wang Yaocheng couldn't listen to what Zhao Feng said later.

    Questions were always lingering in his mind;

    Because of the incitement of butterfly wings, was the rescue operation really brought forward when the economic crisis occurred in 2008?

    In the original history;

    Affected by the global financial crisis in 2008, the LCD panel manufacturers in the Taiwan Island area were facing a huge business crisis, so they asked the relevant domestic departments for help.

    In order to save Taiwan's LCD panel companies, relevant domestic departments convened a "LCD panel purchasing group" to Taiwan to purchase panels worth 4 billion US dollars.

    However, Taiwan and Island manufacturers were ungrateful, and took the initiative to form a price alliance with Samsung, LG and Japanese panel manufacturers, and jointly increased the price to sell to domestic color TV companies, which increased the panel cost of domestic color TV companies by 40%.

    The electronics industry in mainland China, which was bitten back, made up its mind to develop its own LCD panel business after learning from the painful experience.

    now

    Under the instigation of Wang Yaocheng's butterfly wings, the industrial structure has changed beyond recognition, but history still runs on a fixed track.

    It turns out that what happened in 2008 in history, now happened earlier in 2002, which caught Wang Yaocheng by surprise.

    His heart fell into an ice abyss, becoming colder and colder.

    ? For the Wang consortium;

    It's like paying a huge price, but in the end, you get nothing. The bamboo basket is empty, and you actually lost the game.

    Once the "LCD Panel Purchasing Group" goes to Taiwan, even Japanese, Korean, and Taiwanese LCD panel companies will be brought back to life, gaining a precious respite. What's the point of continuing to suppress prices?

    Over the past few years

    At this critical moment, the Yellow River Science and Technology Group gritted its teeth and paid so much, losing billions of dollars in benefits will be in vain.

    If it is not to integrate the world's LCD panel field, why would Huanghe Technology Group take such effort?

    How good it is for everyone to happily drive up prices and make money.

    Seeing the serious face of the chairman, Director Zhao Feng quietly exited the room and closed the door tightly.

    Under Wang Yaocheng's irritability, he took out a cigar and lit it. The strong smell of cigar smoke permeated the room, making his figure hazy.

    What a surprise, disrupting the entire corporate strategic plan, how to deal with it?

    Wang Yaocheng walked around the room like ants on a hot pot, couldn't bear the anxiety in his heart anymore, picked up his mobile phone and made a few calls.

    After a while

    Wang Yaocheng put down the phone slowly, his face was so gloomy that water dripped out, the message on the phone wiped out his last trace of luck;

    The decision above cannot be changed, everything is a foregone conclusion.

    It was so sudden

    He felt great frustration, and at the same time, deep powerlessness.

    Except for Wang Yaocheng, no one is familiar with the subsequent shocking turning point. These Taiwan and island panel manufacturers are all white-eyed wolves who can't get enough.

    Only when the feelings are deeply hurt, will the relevant departments suddenly realize.

    This lesson seems inevitable.

    From a leadership perspective;

    Will not consider the interests of a certain company, but look at the problem from a far-sighted perspective, from the perspective of relatives who are also part of China, flow the same Yanhuang blood, and are also free compatriots.

    ?Lending aid when compatriots and relatives are in distress.It¡¯s completely unrecognizable, and I have to make more cautious decisions, and deal with everything as if walking on eggshells, so as to prevent any accidents. The competition lessons in the field of LCD panels have been profound enough.

    Judging from the current market structure;

    ?Because the price of LCD panels has been suppressed too low, most of the more than a dozen companies in Taiwan and the panel manufacturers in Japan and South Korea are producing at a low speed, and the production capacity is mostly released at about 20% to 50%, accounting for more than half of the world market.

    If it is fully produced, it can occupy 70% of the world market, enough to control the entire market.

    Huanghe Technology Group, as the world's largest and most technologically advanced LCD panel manufacturer, has a lower price advantage than in the chip foundry field, which is why it took the lead in striving for breakthroughs in the chip foundry field.

    Domestic sales are tantamount to a shot in the arm for Taiwan and island panel manufacturers, and large orders have virtually boosted the price of LCD panels.

    It is futile for the Yellow River Technology Group to continue to suppress, so it can only follow the trend and eat Samsung's LCD business unit first.

    this way

    It can cut off Samsung Electronics' LCD research and production capacity. Once Samsung Electronics wakes up and wants to catch up again, it will not be so easy.

    furthermore

    It cost a huge amount of money to win Samsung Semiconductor, even if the price is higher, it is acceptable.

    From the perspective of market structure;

    As the production of dram memory chips for bulk goods, Atlantic Jinko and Hynix account for 55% of the world market, Samsung Semiconductor accounts for 22.3%, and the sum of the three is close to 80%.

    from here on

    It is possible to let go of fluctuations in the price of dram memory chips, just like the field of chip foundry, where money is pouring in, forming an unshakable monopoly profit.

    That is the field of semiconductor production that is more profitable than printing money. From this perspective, it is worth paying more.

    As for European and American monopoly investigations, that will be a matter for the future. Let the money be pocketed first and then talk about other things.

    hehe!

    At least during the administration of President George George, the troubles in this area will not become a reality, and the exchange of interests is not a joke.

    It is said

    A special pension fund in Texas paid a price of 50 million U.S. dollars and obtained 12% of Google¡¯s A-round financing. The other participants were executives from companies under Royal Family Fund, Schwarzenegger and Mr.  % equity.

    Large Wall Street investment institutions did not get the opportunity to participate, and complained about it, which was directly ignored by Wang Yaocheng, the largest angel investor.

    The cake is only this big, of course it should be given to the most useful people.  (Remember the site URL: www.hlnovel.com
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