"Mr. Guo, Huanyu Electronics didn't reduce the salary."
"What?"
"Not only that, they even increased it by 50 yuan."
"This bastard …"
Taiming put down the document he was reading.
He didn't expect to be cheated by Chen Yu on this matter.
"Boss Chen, this isn't very nice of you."
After making a phone call, Guo Taiming called Chen Yu again.
"Mr. Guo, I don't know what you're talking about."
"Boss Chen, don't pretend to be confused. It's about the salary we agreed on."
"Oh …"
Chen Yu pretended to be enlightened and said, "Mr. Guo, could it be that Guanlan Park has been taken over by you?"
"Boss Chen, what do you mean?"
"Nothing, Mr. Guo. I just want to say that the market can't be controlled by Foxconn. If Foxconn says to increase the salary, we have to follow suit. If Foxconn says to reduce the salary, we have to follow suit. Isn't this just capitalists ganging up to bully the common people? "
"Chen Yu, are you deliberately cheating me?"
Taiming's face turned cold.
"Mr. Guo, I didn't mean to cheat you, but I can't not fight back when someone is trying to hit me."
"Good, good, good. Chen Yu, you have guts."
Taiming was so angry that he laughed. "Fine, you win this time. However, Chen Yu, I have to give you a suggestion. "
"Please say it."
"The manufacturing industry isn't that easy to do. Don't think that everything is going smoothly now. If you're not careful, you may capsize. You should think of a way to deal with your LCD panel business. "
After that, Taiming hung up the phone.
"This guy is really hard to deal with."
Taiming's words gave Chen Yu a headache.
Although he cheated Foxconn a little, it was nothing to Foxconn.
At present, Huanyu's Digital Guanlan Park could only recruit about 90,000 people. If they recruited more, there would not be so many orders.
Therefore, although the current salary in Guanlan Park was higher than that of Foxconn, it was impossible for him to steal Foxconn's employees for the time being.
Instead, it was the LCD panel that Guo Taiming mentioned that caught Chen Yu's attention.
The LCD panel business was not doing well recently.
Since Chen Yu invested in the construction of the LCD panel factory, the LCD panel cycle has shown its prowess.
Ever since he had invested in Beijing Oriental, the price of LCD panels had fallen again and again. It had been falling for four months now.
If it continued to fall, Beijing Oriental might be finished.
The collapse of Beijing Oriental had nothing to do with Chen Yu, but Chen Yu had invested tens of billions in Beijing Oriental.
Furthermore, they had built two new factories.
If the LCD panel continued to fall, the tens of billions that Chen Yu had invested would likely go down the drain.
Of course, going down the drain was not the most fatal.
If Beijing Oriental was finished, then the domestic LCD panel industry would be completely controlled by Samsung in the future.
If this market was not preserved, well, there would be another opportunity to be choked by others in the future.
"Brother Jian, let's go, let's go to Beijing Oriental."
Chen Yu was the major shareholder of Beijing Oriental, holding 51% of the shares. Currently, Wang Dongsheng was in charge of it.
Whether it was for funds or for the future, Chen Yu had to pay attention to it.
Immediately, Chen Yu went to Beijing Oriental in Beijing.
"Uncle Dongsheng, why are you here?"
As soon as he got off the plane, Chen Yu found it strange that Wang Dongsheng came 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 ability to fool people has improved again."
"What are you talking about? I never fool people."
"Well, let's not talk about this. Uncle Dongsheng, tell me about the recent situation of the company."
Chen Yu knew the purpose of Wang Dongsheng's coming to pick him up, so he asked directly.
Wang Dongsheng also said seriously, "Boss Chen, the situation is very bad. The global price of LCD panels has fallen for four months in a row. Last month, the price of 15-inch LCD panels plunged by 17%. The industry estimates that this LCD panel cycle will last 12 to 18 months. "
"12 to 18 months, so long."
Chen Yu's heart trembled.
The situation was more serious than he thought. "Can the company hold on?"
"It's very difficult."
Wang Dongsheng shook his head. "We can hold on for six to eight months at most."
"Then it should not be a big problem."
"Boss Chen, four months have passed now. We can hold on for another four months at most."
"Damn …"
Chen Yu's face was covered in tears.
"Wasn't the price of LCD panels rising well before? Why did it fall so much all of a sudden?"
Chen Yu asked in confusion.
"There are many things. Let's talk about it in the car first."
Chen Yu and Wang Dongsheng sat in the special students who came to pick them up. Wang Dongsheng said, "One is that the major domestic TV manufacturers have greatly increased the production of CRT TVs, and the demand for LCD panels has decreased. The other is that Panasonic is vigorously promoting plasma TVs in Japan."
With that said, Chen Yu understood.
At present, TVs generally use three kinds of screens. One is CRT, which is the panel of our old-fashioned color TVs.
The other is LCD, which is known as liquid crystal.
The last is plasma, which is PDP.
So the question came.
Will the future market choose CRT, LCD, or PDP?
No one knows.
Although Chen Yu knew that the future market would choose LCD.
But Chen Yu knew that it was useless. Others did not know.
And even if Chen Yu knew, it was not certain whether the future market would choose LCD.
The market was not decided by God, and it was not a technology that was good.
He chose LCD for a series of reasons.
In terms of technology, in theory, plasma was better than LCD in terms of display technology.
Even CRT was better than LCD in terms of color.
But there must be a reason why the future generations did not choose plasma and abandoned CRT.
At this time, it was the critical moment to choose.
Wang Dongsheng was a firm representative of LCD.
He believed that LCD would occupy the majority of the market in the future.
But the domestic TV manufacturers did not think so. The most representative were well-known domestic TV giants like TCL, Changhong, and Skyworth. Although they believed that LCD was obviously better than CRT in terms of appearance and energy saving, they also believed that CRT still had a large domestic market. It was obviously unwise to abandon CRT when they could not see what the future would choose.
Moreover, now that domestic color TV was slowly entering thousands of households, users' demand for CRT was getting higher and higher. This made them even more reluctant to enter the LCD field.
Similarly, Panasonic, which had more advanced technology, did not think so.
They believed that the future would be dominated by plasma.
Therefore, under the double attack of these two major reasons, the LCD panel began to decline.
Of course, if it was an ordinary industry, the price would decline.
Anyway, any industry was cyclical.
It would decline, and there would be a day when it would rise.
As long as they waited for the day when it rose, they would also make money.
It was like pork.
When the price fell, it would.
When the price rose, it would let you know what it meant to become rich overnight.
But LCD panels were different from other industries.
This was an industry that relied heavily on capital and technology. A production line was invested in the scale of 8 to 10 billion yuan.
Not to mention Beijing Oriental's previous investment, just Chen Yu himself had invested more than 26 billion yuan.
If the price of LCD panels continued to decline for a year to a year and a half, a lot of LCD panel manufacturers would go bankrupt.
South Korea's modern LCD panel business was finished.
That was why Beijing Oriental bought South Korea's modern LCD panel production line.
Of course, why was Samsung able to survive? That was because Samsung was supporting him with all of South Korea.
After Wang Dongsheng's explanation, Chen Yu frowned and asked, "Uncle Dongsheng, is there a solution?"
"Yes."
Chen Yu's eyes lit up. "What is it?"
"Give me another 20 billion yuan, and I can survive this wave of price reduction."
"Pfft …"
Chen Yu almost vomited blood.
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