Rebirth of Northland Technology

December 1992

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The time came to the end of 1992. After the first spin-off, news of reorganization came again.

The fuse of this reorganization was Manager Ding's return visit.But this matter has been brewing for a long time.

With the great success of 700C, TFT-LCD is hard to find in the international market. The price of panels supplied by Kerui to xBM has risen from US$1600 to US$1800!

Under this circumstance, continuing to increase investment in TFT-LCD is Kerui's best choice.But this request hit a nail in "Full Color Technology".Because "Quancai Technology" was going to eat alone, it relied on loans and got four lines at once.

This naturally caused a full rebound from the dealers.Smith called Cheng Yongxing countless times.

You must know that Kerui is now a TFT concept stock. If shareholders know that this concept is a fake concept, Kerui's office may be destroyed by angry shareholders.

People are anxious, and everything can be done.

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Optoelectronics faced a similar situation when it was first established. At that time, Optoelectronics once wanted to monopolize the blue LED patent, but to no avail.

A similar situation, repeat it again!

Investors from all over the world have used their own strength to put pressure on the optoelectronics, asking for a big bite on this plump cake.Especially after learning about Optoelectronics' second-generation line plan, this sentiment has reached a climax.

Many discerning people have already seen that in the next few years, "Full Color Technology" will hardly have competitors due to its technical characteristics.

First, there is a first-mover advantage in the ODF field. This advantage can be maintained for at least two years.

Second, the special pilot line program has made the production line technology upgrade rapidly, which makes manufacturers in the United States and Japan very uncomfortable.Because this method is something they cannot use.

Third, several patents applied for by Quancai Technology have been successively checked out by interested people.There is no impermeable wall under the sky.All those who saw these patents took a breath.

Wide viewing angle technologies such as IPS and FFS basically ensure the leading position of full color in TFT.

The advantages of Quancolor Technology in the field of TFT-LCD have become more and more obvious, so its value has been increasingly valued.

More and more people have joined the persuasion team.

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Regarding this situation, Bai Xuecheng and others did not take it seriously, even triumphant.But Cheng Yongxing smelled a dangerous smell from it.

From the current situation, he saw a trace of flowers as the shadow of the incident.

The later generations made a lot of noise because of the sanctions. It even became an event that occurred before Cheng Yongxing's rebirth, second only to the trade war.

This incident has become more and more troublesome and has successively affected the foreign policies of many countries.

Here, we do not start from the general background of the game between the two countries, nor discuss various conspiracy theories, but only discuss from the level of an enterprise.

In Cheng Yongxing's eyes, Hua Wei's response is problematic.

Capital once said that capitalists will sell you the ropes that hang him for profit.

Although Huawei has its own technological advantages, why is it only being suppressed?Why is Samsung not sanctioned, TSMC not, and ASML not?

Capital is profit-seeking, and it is willing to do everything in the face of interests.I can't beat you, but I can join you!

Failure does not matter, profit is more important.This is the rule of the capital world.

N0K1A, Sony Ericsson, Xizi, Motor, and many basic telecommunications suppliers, decades ago, were competitors and merged with each other in an instant.This is commonplace in the capital market.

But you didn't want to go public, and you kept knocking down my business.There is no way out for my capital!

Surrender is allowed on the battlefield, and now I have no other way to go except death.

If Huawei sticks to corporate control, it is possible on a small scale.But with such a large volume, it is the opposite of most people in the industry.

The problem that Huawei faces is actually unsolvable because it does not give others a way out.Others had no choice but to leave it alive.

If Huawei can continue to develop even if it is blocked, there is another trick, that is, the anti-monopoly law, which is to split it directly!

When the capital goes crazy, it can destroy the world and even destroy themselves.

How to solve this kind of problem?

Lening has given the answer, the profit capitalists take it away, and the railway stays!

As long as it allows foreign investors to buy shares and then the stocks are listed, this problem will be solved immediately.

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The Optoelectronics Group is not only a business like "Full Color Technology".

The LCD industry, to put it bluntly, is just a step in the road ahead of the Optoelectronics Group.

In 1994, the United States completely banned the Japanese LCD industry, and Japan resisted with the power of the whole country. Although it had been successful for several years, what was the result?

What confidence does "Full Color Technology" have now to resist this level of pressure?1994 is coming soon!

Does Optoelectronics also face the situation facing Japan?

Where is the largest market for TFT-LCD?

China today is not the China 30 years from now, nor is optoelectronics what it will be 30 years from now.

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Why is the LED patent alliance member the help of Optoelectronics in entering the LCD market?

No profit, who is going with you?

Rangli is actually what Cheng Yongxing has been doing throughout this life.

From the paper era, to the patent era, and now to the LCD era.All those who cooperated with him benefited a lot from him.

Judging from each independent historical period, he suffered a lot, and sometimes even suffered a big loss.

But what is the result?

There is no huge interest, why are members of the LED Patent Alliance going to fight for you?

The photoelectric career has reached the point where it is today, that is, the identity of the rebirth is exposed, and it doesn't matter.Because the interests of too many people are tied to him.

Even if he is a monster, he is also a monster of Gongda University, a monster of Bingcheng, a good monster!

If he is really in danger, these vested interests will never sit idly by.All kinds of unreasonable things about him will be automatically handled and explained for him.

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"Full Color Technology" has built four production lines with loans, which seems to maximize the benefits, but the direct consequence is that it may completely lose the US market!

In this company's strategic adjustment, Cheng Yongxing, Manager Bai, and several core management team members of the LCD team had several meetings and successfully convinced them.

First, the development of rolling debt has come to an end.

"Quancai Technology" has four first-generation lines and one second-generation line this time, plus previous loans, and the total has reached nearly 1.5 billion.

The total GDP of Bingcheng in 1991 was only about 20 billion.In other words, "Full Color Technology" borrowed 7.5% of Bingcheng's GDP.

This figure almost emptied several banks.It is no longer possible to rely on loans to expand on this scale.

Second, international competition.If these capitals are not given a way out, former friends will also become enemies.

Optoelectronics has some proprietary and patented technologies in the LCD industry, but are these technologies insured?How did CDMA lose to GSM?

Third, the international market requires proper introduction of investors from various countries.The protection fee is still to be paid.

Fourth, prevent foreseeable antitrust laws.

The LCD under the optoelectronic system, without interference, will inevitably be the dominant one.However, the consequences after the dominance is also predictable.In this case, instead of being split in the future, it is better to plan early.

This is like the relationship between Japanese chaebols.Japanese companies seem to be competitors to each other, but as long as they go to the international market, they will be unanimously external.

The advantages after the reorganization will become obvious.

First, benefit sharing. There are too many people who want to enter the market to eat cakes, and one cake is not enough.

Second, develop to other regions."Full Color Technology" is already a monster for Bingcheng.

The development of this industry not only puts pressure on urban facilities, but also has a great demand for high-tech talents.In this era, the stock of high-tech talents in a city is limited.The college entrance examination has just been restored for ten years.

Under various restrictions, development in other cities and regions has become inevitable.

Third, share market pressures and diversify risks.

This trick is very common in many consumer goods markets, and many high-end brands have some fellow students who protect the low-end market for it.

This is the same as if Huawei really doesn't work, we still have at least one star.

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After some discussion, Quancai Technology split up a little brother, "Lin LCD".It is actually a company built around the LCD production line that moved to Spring City.

The company's future goals will mainly focus on the European market and target investment from Europe.

Another company that has acquired LCD production capacity is "Huge Tech" in Fengtian.Its products will mainly target Japanese investors and the market.

The remaining "Full Color Technology" focuses on facing American investors and the market, and leads the research and development of high-end products.

After this reorganization, "Full Color Technology" officially opened the door of financing to the world.

As soon as the news came out, the world shook, and a large number of investors flew to Ice City.