Rebirth of Northland Technology

"Xiaocheng is making market forecasts. He is persuading everyone not to stick to the competition in the existing LED market, and to take a long-term view. The backlight market for signs and mobile devices is not big. In such a small market, Fighting is meaningless..."

Xi Zhanping has good English skills.Especially in this professional field, he can do real-time translation.

"The future of LED lies in the light source market. The market for incandescent lamps is as big as the market for LEDs!"

"What we have to do is to take the initiative to expand the external market, not to compete with our own people."

The English of the student on the stage was just translated back to Chinese by his tutor.

"The LED lighting market will reach hundreds of billions of dollars a year within 20 years! By that time, all the companies here will certainly have a place in the Fortune 500!"

Without waiting for the translation of Professor Xi's sentence, there was another warm applause in the field.

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For investors, what is the most important?Is it profitability and market size?

Actually not, the most important thing is the expectation!

The most important indicator of an enterprise is not how much it can make currently, but how much it can make in the future.This is also the fundamental reason for the tens of thousands of times P/E ratio in the stock market.

Invest, invest in the future, not the present.

Here is an extreme example. When BenQ acquired the mobile phone department of Xizi, the mobile phone department of Xizi could still be maintained. However, in this case, Xizi not only gave the mobile phone department to BenQ in vain, but also sent a sum of cash in.

Doesn't BenQ mean that it has just picked up the mobile phone department of a major international brand?Is this cheap?

In fact, the Xizi mobile phone department quickly became a burden for BenQ. Due to the restrictions of European labor law, it could not save costs through layoffs at all. It could only see that it was dragged into an endless abyss by this burden.

Back then, BenQ was a player of the same level as Acer and Asus. After this battle, the entire army was almost wiped out.

There are two current LED players, one is an independent player.Kerui faces pressure to attract investment and go public.

Another kind, such as Philip, LED is only a department or sub-business of it.So within the company, it is also facing the problem of competing for resources.

But no matter what kind of player, everyone has a reason to cheer for the astronomical numbers!

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What status is Cheng Yongxing now?He is the first person in the LED field!At least for now, before the aura of blue and white light disappears, no one questioned his words.

And more importantly, his speech was not groundless.

He accurately pointed out several market outbreak nodes of LED light sources.Under what brightness and cost, LED light sources can replace mobile light sources, and under what conditions can they replace desktop light sources.

Industry prospects are expected to be a reserved program of such industry conferences.This kind of expectation, as long as it is a larger company or investor, will do it.Such expectations are sometimes issued by third-party research companies.

However, the calculation of market expectations of this kind of industry is generally based on the average speed of the industry in the past to predict the future.

These companies' own industry and market forecasts, as well as reports issued by third parties, are generally very conservative.The most daring market forecast here is that the LED market can only quadruple within 5 years.

A market size that is too small obviously cannot arouse investors' interest.

As soon as Cheng Yongxing came to power, he pointed out the error of this prediction.In the face of continuous technological breakthroughs.Continue to use the past growth rate of the LED market as a reference, which is too conservative.

Although the forecast numbers he gave on stage were a bit too imaginary, they were not guesses out of nowhere.Every figure here is justified and unstoppable.

Your future is the sea of ​​stars!

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Luo Zhiyuan couldn't listen to the words after this.

Hundreds of billions of dollars?What is this concept?What is the GDP of Bingcheng now!Even at the official exchange rate, it is only four billion U.S. dollars.

What a big cake this is!In fact, it is not only that he is lost in thought, but the leaders sitting in the first row are all caught in the same thinking process.

If this number appeared rashly on their desktop, it might be a joke.But here, this is Cheng Yongxing's home court!

This is the second time, he is using that MLM level of speech skills.The people he persuaded this time were no longer just teachers and students without power and power.

The elites of the entire industry are listening, the decision makers of the entire province are listening, and some ministries are listening.Today's speech is destined to occupy a place in the history of LED development and even in the history of China's science and technology.

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"What did they say again?"

Luo Zhiyuan's thoughts were again interrupted by the applause in the venue.

"Did you not listen just now?" Xi Zhanping glanced at the parent officer sitting next to him strangely.With the increasing status of the testing profession, Professor Xi can now face the mayor on an equal footing.

"I just lost my mind." Luo Zhiyuan had to apologize.The value of these intellectuals is completely incalculable now.Maybe when there will be another Cheng Yongxing.

"Just now, Xiaocheng promised that Optoelectronics Research will continue to add new inventions and new patents in the field of blue light and white light to the license agreement without additional charges! These manufacturers who have obtained the license are very excited."

"why?"

"I am not sure as well!"

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Xi Zhanping shrugged.In fact, in the process of the two people talking just now, he missed a few words, that is, Cheng Yongxing proposed a brand-new concept at the conference, the concept of "sharing, coexistence".

It draws on some concepts of later open source software.This concept sounds very lofty, and it can indeed promote the development of science and technology.But its biggest beneficiaries are the laggards.

As a pioneer in the field of blue-and-white LEDs, optoelectronic scientific research took the initiative to propose this initiative, and of course it has been welcomed by everyone.

Based on the facts that various companies have seen with their own eyes, in the past two months, the photoelectric research in the LED field is obviously still making progress.

The biggest example is the white LED flashlight that everyone received.The brightness of its LED lamp beads has reached 1db, which has the possibility of entering the light source market initially, although the number of lamp beads required for a flashlight is still relatively large.

Cheng Yongxing has given everyone an infinite market expectation.Your future is bright!

The flashlight and the large LED screen in front of the main building all prove the credibility of this prediction.

But now comes the more important point.The technology for realizing these markets has not only been developed by optoelectronic research, but it is also continuously provided to the entire industry and continues to be placed in the authorization pool unconditionally.

In this case, everyone can do nothing.Just follow the optoelectronic research!

Is there such a good thing?

In the minds of some business executives attending the meeting, a strange idea even arose.In this case, why should I spend money to support my own R&D capabilities?

As for technical competition, with the current situation, who is confident that he can surpass the genius standing in the center of the halo?

Being born in the same era as a genius is both lucky and unfortunate!