20demayo Page 704
Page 704
This is a capital-heavy and technology-heavy industry, and the investment in a production line is 80-100 billion.
Not to mention BOE's previous investment, Chen Yu alone has invested more than 260 billion yuan for this.
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 Hyundai's LCD panel business in South Korea ended.
That's why BOE purchased the Korean Hyundai LCD panel production line.
Of course, why Samsung can survive is because Samsung is supporting him with all the power of South Korea.
With 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 200 billion, and I will be able to survive this wave of price cuts."
"puff……"
Chen Yu almost vomited blood.
Chapter 799: If you make a fortune in the stock market, won't you be rich?
"200 billion, Uncle Dongsheng, you treat me like a bank."
"The bank doesn't have money even if you don't treat you like a bank."
"It's not like you don't know my money, it's all borrowed."
"I know, you can borrow it again."
"Uncle Dongsheng, if you do this again, I'll let BOE go bankrupt."
Chen Yu knew that what Wang Dongsheng knew best was fooling around.
Since the establishment of BOE, Wang Dongsheng doesn't know how many people he has fooled.
First, he started to fool the top of Beishi, and then he started to fool Beishi Bank.
Do you think this is over?
No, the LCD panel industry is too big, and it is impossible to do it alone.
Unless, like South Korea's Samsung, it takes the power of the whole country.
Therefore, if BOE wants to develop in the future, this flicker must continue.
In other words, Wang Dongsheng had to continue fooling around.
It's just that Chen Yu is not so easy to fool.
Although he still has a sum of money left, he will not invest this money here again.
"No, no, no, I'm just talking."
Wang Dongsheng knew that Chen Yu, a local tyrant, was also willful.
Moreover, Chen Yu has so many properties that he is really going to be pushed into a hurry. He doesn't care if you are BOE or not.
"How about this, Mr. Chen, you go to Shenzhen City to get back your security deposit."
"You mean Guanlan Park?"
"Correct."
"I handed over the security deposit, can I still get it back?"
"Isn't this troublesome? I believe the superiors in Shencheng will consider it. Besides, Mr. Chen, what is your relationship with the superiors in Shencheng? It will definitely work."
"Why don't you go and have a look."
This guy continued to fool around again.
Chen Yu said helplessly: "If you can fool the 170 billion back, then I will continue to spend the 170 billion on BOE."
This is obviously not possible.
This is one thing at a time.
The construction of Guanlan Park cost more than 100 billion yuan, and the Shenzhen Stock Exchange has to recover the cost, so how can they get it back.
Besides, if this can be returned, the future of Guanlan Park will not be guaranteed.
It is impossible for Shencheng to sacrifice the interests of Guanlan Park in order to save BOE.
Besides, BOE's top bank in Beishi had made a fuss about withdrawing its capital before. Obviously, the top bank is also big on this business.
"I see, Uncle Dongsheng, why don't you go to the bank for a while?"
Chen Yu suggested.
To say that the richest is of course the bank.
Chen Yu is so rich.
No matter how small a bank is, as long as they are willing, they can spend tens of billions.
Unfortunately, Wang Dongsheng shook his head and said, "It's useless."
"how?"
"I went to the bank last week, and the presidents of the major banks avoided seeing me."
"Uh……"
Chen Yu said helplessly: "Uncle Dongsheng, look, everyone knows that you are coming to fool you again, if you don't hide, who will you hide from?"
"I can't help it. The LCD panel business is so big, can I do it if I don't fool me?"
Wang Dongsheng was telling the truth.
He is not as rich as Chen Yu, how can he build an industry by himself?
Even if he is as rich as Chen Yu, Chen Yu still can't stand it.
You know, for the LCD panel, if you look at it in your previous life, the investment alone has cost tens of thousands of trillions over the past few decades.
Such a scale, Nima, who can withstand it?
Moreover, there is so much investment in this area, but the profit is very average.
The only advantage is not to be strangled.
At the same time, it has a great boost to the entire national economy.
Of course, this also has a certain role in promoting employment.
Obviously, such an industry would not be possible without support from above.
In fact, the development of later generations of BOE is also inseparable from the support from above.
"Otherwise, Uncle Dongsheng, if you run around more during this period of time, it won't be good for anyone if BOE is finished."
"That's what I thought too. But I'm only five percent sure."
"Try everything."
Chen Yu understood that his superiors were also in a difficult situation.
They want to support, but also worry about risks.
South Korea's national effort is to make Samsung's LCD panel.
But what if the superior supports you, and you can't do your own business?
Then this is not just tens of billions, but thousands of trillions.
Who will bear this responsibility?
Thinking of this, Chen Yu felt a little unconfident.
Although BOE received support from above in the previous life, will it be in this life?
Or even if it does, it will be useless if the support is not strong enough.
In this life, Chen Yu became a shareholder of BOE, and Chen Yu was still the controlling major shareholder, so Beijing City and the bank withdrew their capital.
Even if it is still possible to win support, it is estimated that it will be uncertain.
Chen Yu shared his worries with Wang Dongsheng. Wang Dongsheng shared Chen Yu's thoughts and was a little worried.
"Looking at it this way, Uncle Dongsheng, the hope of winning support from above is only 3 percent."
Chen Yu smiled wryly.
He has somewhat realized what Guo Taiming said to himself.
Manufacturing is not like the Internet.
In the Internet area, Chen Yu has some brains and some thinking, no matter how big troubles he encounters, he can solve them.
Manufacturing is different.
Even if Chen Yu has an incomparable brain hole, he can use the thinking of later generations to reduce dimensionality.
However, the entire industry has grown from scratch and must be explored step by step.
From small to large, the entire industry has to spend countless manpower, material and financial resources.
No matter how powerful your thinking is, he can't show his power all at once.
It's like Chen Yu entering the mobile phone business.
Although the layout has been incessantly, a lot of money has been spent.
However, the Internet has changed the landscape of the industry, but in terms of entities, it has not had a big impact on global giants.
"Brother Jian, let's go back to Shenzhen first."
Unable to find a solution, Chen Yu and Zhang Jianming went home.
Of course, on the way back to Shenzhen, Chen Yu also studied Samsung's movements.
Just flipping through the research, Chen Yu sighed.
Faced with such an industrial cycle, Samsung does not have much solution now.
Can only rely on one, hold on.
Keep it up, and they'll survive, and still do well.
Of course, Samsung's big business will definitely be able to survive.
But Samsung can sustain it, others don't know.
In addition, Chen Yu also studied Panasonic and the others.
Panasonic is vigorously developing plasma TVs on this side.
But their situation is worse than that of Samsung and BOE.
Although the plasma technology is very high and the colors are bright, their manufacturing cost is even higher than that of liquid crystal.
Moreover, only a few Japanese manufacturers of Panasonic have mastered the plasma technology, and other international manufacturers do not have such technology.
As a result, the entire industry can only be done by Panasonic themselves.
The development of LCD has been struggling with the development of global manufacturers. Plasma can be done only by Panasonic?
This is also the key reason why the future market chooses LCD liquid crystal instead of PDP plasma.
Of course, it may also have something to do with Panasonic's weak will.
Panasonic already has LCD liquid crystal panel business, and the technology is still very powerful, and then engages in plasma PDP?
So in the end you want to engage in LCD liquid crystal or PDP plasma?
And now the only ones who are doing well are those CRT manufacturers.
Because the current domestic demand is relatively strong, many domestic TV giants are currently doing very well.
But Chen Yu knew that even though they were doing well now, their CRT technology was all eliminated by Europe, America, Japan and South Korea.
After one or two years, the price of the industry cycle will rise, and that will be the end of the domestic CRT TV manufacturers.