In terms of scale, Huanyu Technologies was much more than 18 billion and 26 billion.
However, scale was scale. It was almost impossible to come up with 18 billion in cash flow.
But where did the 18 billion come from?
Did they really rob a bank?
However, regardless of whether they were robbing a bank or not, Wang Dongsheng was very excited.
With this 18 billion, they would be able to close the gap with Samsung.
This was especially true for the fifth-generation production line. Even Samsung had only launched the sixth-generation production line.
As long as they continued to invest, they might be able to compete with Samsung.
…
"Boss Chen, our investment is too big."
Zhang Jianming didn't quite approve of Chen Yu's investment. "Twenty-six billion in cash is more than enough to double our supermarket's current size."
"We can slowly expand the supermarket. This is not urgent. However, we have to start the display business as soon as possible."
The display business was as important as the chip business.
In fact, to a certain extent, it was even more important than the chip business.
Take applications for example. Phones needed displays, computers needed displays, laptops also needed displays.
Similarly, color TVs also needed displays.
In the future, color TVs would be transferred to LCD TVs. A single TV screen was equivalent to 80% of the price of the entire TV.
In addition, security monitoring also needed displays.
It could be said that displays had a wide range of applications.
Not only could they create huge value, but they could also create huge employment opportunities.
Moreover, to be honest, just starting another 4.5 generation production line and a fifth generation production line was far from enough.
Now, Korea had started the sixth generation.
These companies were not only ahead of the Chinese, but they also had a say in the future technology development.
Just like now. Why would they enter the LCD industry in the future?
This was not a gamble.
Although Wang Dongsheng predicted that there would be an unprecedented market for LCD screens in the future, this was actually just a prediction.
However, real players did not make predictions. They dominated the market themselves.
If I want to do LCD, then the future market will be dominated by LCD.
If I want to do plasma, then the future will be dominated by plasma.
If I don't want to do LCD, then I will do LED.
If I don't want to do LED, then I will do OLED.
If I don't want to do OLED, then I will do AMOLED …
Don't think that this was an advanced technology replacing an outdated technology.
Not necessarily.
Just like plasma and LCD, in fact, LCD was a relatively bad technology.
Plasma was better than LCD in terms of brightness, contrast, visibility, and color.
At the same time, many people believed that LCD screens could protect their eyes better.
In fact, that was not the case.
On the contrary, LCDs were more harmful to the eyes.
But why did the market choose LCD instead of plasma?
This is not a market choice.
It was a contest between the giants behind the scenes.
With Samsung as the representative of the LCD manufacturers, the plasma display manufacturers were beaten to a pulp.
Just like now.
When LCD was being introduced by Samsung, the domestic home appliance manufacturers thought that the CRT market was still very big.
In fact, Changhong and TCL had even gone to buy the CRT production line that had been eliminated by Europe and America.
However, when they mass-produced CRT TVs, the explosion of LCDs made them suffer a terrible loss.
This was a lesson learned through blood.
Not only did the Chinese fail to master advanced technology, but they were also unable to compete with international giants.
Even in terms of market judgment, they only relied on gambling and guessing.
It was precisely because of this lesson that Chen Yu not only wanted to enter the display business, but he also wanted to become an industry standard setter.
Of course, there was still a long way to go.
However, no matter how long the road was, it was still one step at a time.
The display business was the first step.
As for the second step, it was the color TV.
In the field of electronics, other than mobile phones, the most important thing was the color TV.
In the future, the color TV would be further upgraded and transformed with the development of the Internet, becoming a more high-tech product.
This would also be of great help in building the electronic industry chain of Huanyu Technologies.
"Brother Jian, that's all for the display business. By the way, what do you think of us entering the color TV business?"
"Huh?"
Zhang Jianming almost spat out water.
They were talking about the display business just now. Why did it suddenly become color TV?
Was Chen Yu's brain circuit changing too quickly?
"Boss Chen, why did you suddenly think of color TV?"
"It's normal. Color TV also needs a display. We happen to be doing display."
"Uh …"
This seemed to make a lot of sense.
Zhang Jianming had a headache. For a moment, he didn't know how to persuade Chen Yu.
"Boss Chen, do you mean that we should launch a Huanyu brand color TV?"
"Something like that."
"But we don't have the technology in this area."
"The technology of color TV is very simple. It's just like mobile phones. It's even simpler than mobile phones. Back then, we didn't have the technology to make mobile phones. But didn't we make it? "
"This …"
Zhang Jianming was speechless.
What he said was indeed true.
Huanyu Technologies didn't have any mobile phone technology back then, but it had developed all the way to the present.
Moreover, Huanyu's mobile phones were now leading the trend.
"Let's not talk about this. I've already decided. Fuori color TV is good. I heard that it's going bankrupt. Talk to them and see if they are interested in selling it to us. "
"Okay, okay."
He really couldn't keep up with Chen Yu's brain circuit. Since Chen Yu had already decided, Zhang Jianming had to do it.
A few days later.
Chen Yu and Zhang Jianming came to Fuori Electronics.
Fuori color TV was one of the businesses of Fuori Electronics.
At that time, Fuori color TV could be said to be the core business of Fuori Electronics. Based on this business, Fuori Electronics was successfully listed in 1999. But after being listed, it couldn't withstand the competition of Changhong, TCL … These veteran color TV manufacturers were on the verge of bankruptcy.
Fuori Electronics attached great importance to the arrival of Huanyu Technologies, Chen Yu, and the others. When Chen Yu and the others got off the plane, the chairman of Fuori Electronics personally came to greet them.
"Boss Chen, this is our Fuori color TV. Back then, our Fuori color TV was a joint venture with Japan. The technology can be said to be the most advanced in the country. The market thinks that our color TV is almost comparable to imported color TV."
The chairman of Fuori Electronics, Liu Zhihong, was the director of the Economic Development Zone of She City. At the same time, he was also the chairman of Fuori Electronics in name.
The reason why he was in name was entirely because Fuori Electronics was a state-owned enterprise.
But a state-owned enterprise was a state-owned enterprise, and a state-owned enterprise would go bankrupt if it was not managed well.
Liu Zhihong had also introduced capital, but unfortunately, the market competition was too bad, and the first three waves of capital were lost in it.
So far, no capital dared to patronize Fuori Electronics.
Just as Fuori Electronics was about to sell its shell (other companies borrowed Fuori Electronics' resource shell to go public), Chen Yu of Huanyu Technologies suddenly came to visit.
This surprised and delighted Liu Zhihong.
He had no experience in how to manage Fuori Electronics, but he still had his own vision.
Huanyu Technologies was a powerful company. If he sold the color TV business to them, he could more or less recover some losses.
After a detailed discussion, both sides were very satisfied.
Fuori Electronics wanted to sell, and Huanyu Electronics wanted to buy. There was no problem in it.
The problem was the price.
Of course, it was not that Chen Yu thought the price was too high, but that the price was too low.
Liu Zhihong actually quoted a price of 1 billion yuan.
Although the industry said that Fuori Electronics was not worth 1 billion yuan at all, just looking at the factory and the land, who knew how many times it would increase in ten years.
"1 billion yuan is not a problem, but how long will the whole process take?"
"Boss Chen, it's like this. Because we are a state-owned enterprise, we still have to review some things that should be reviewed. At the same time, the higher-ups have to complete some procedures. I estimate that we can complete all the handover in about half a year."
"Half a year is too long."
Chen Yu frowned.
"There's no other way. These procedures have to be done …"
"We'll add 100 million yuan."
Chen Yu did not listen to Liu Zhihong's nonsense and directly added 100 million yuan.
"Boss Chen, Boss Chen, we have three months, no, two months … Boss Chen, one month, one month to help you go through this process."
"What about the workers?"
"Most of them have been fired."
"Get all the workers back."
"Boss Chen, this is a bit difficult. After all, many people don't know where they went."
"1.2 billion yuan."
Chen Yu added another 100 million yuan.
Liu Zhihong's eyes lit up and he vowed, "Boss Chen, I promise to get all of them back."
"Okay, Director Liu, I'll send someone to sign the acquisition contract with your company later and transfer the deposit to your account. Happy cooperation … "
"Happy cooperation."
Extremely excited, Liu Zhihong shook Chen Yu's hands.
For him, the problem that had troubled him for a year was finally solved.
Not only was it solved, but he also overachieved the task and sold an extra 200 million yuan.
This was a political achievement, which would be of great benefit to his future.
However, compared to Liu Zhihong, Chen Yu did not even frown at the extra 200 million yuan.
But Chen Yu had to sigh when he bought the color TV business of Fuori Electronics so smoothly. "It's good to be rich …"
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