Chapter 476 The battle between liquid crystal and plasma
Tian Sichun, Wu Xinhui, and Lu Dacheng went shopping together, and Hu Yang then called Liu Jin.
"Mr. Hu, have you arrived in the imperial capital? Why didn't you tell me in advance so that I could pick you up at the airport? Where are you now? I happen to be in the city on business, why don't I go find you."
When Liu Jin heard that Hu Yang himself had arrived in the capital, he planned to meet him as soon as possible.
"I'm in the courtyard house on Beichizi Street. If you plan to come over now, come find me here."
Hu Yang said in his heart that it was a good thing he made a call in advance. Otherwise, if he went directly to Oriental Technology, he would definitely be in vain.
After putting down the phone, less than forty minutes later, Liu Jin came to the door.
"Tsk tsk, Mr. Hu, you are so willing. Look, your window frames are all made of huanghuali wood, and this tea table is made of rosewood?"
The courtyard house in Populus euphratica has an antique look. During the renovation process, a lot of precious wood was used, including the later furniture.
"Haha, I don't know much about this either. But since it is a courtyard house, the overall style must be in line with Chinese tradition. You can use whatever others say..."
After Hu Yang mentioned it, Liu Jin stopped the topic at the right time.
"Mr. Hu, I want to meet with you this time. The main purpose is to discuss with you the construction of the sixth-generation TFT-LCD production line. At present, the plasma screens launched by Panasonic, Pioneer and other companies have quickly occupied the market of high-end display devices.
The market forces us to accelerate the pace of technological progress."
Dongfang Technology's fifth-generation production line has been built and put into mass production. The product yield rate is also very good, and the economic benefits are becoming increasingly apparent.
But just as the technology situation in the East was booming, companies such as Panasonic and Pioneer suddenly launched plasma display frequencies. Their high-end plasma TVs were sought after by many people as soon as they were launched.
To be honest, plasma screens have inherent advantages in technology. Their brilliant colors, picture tolerance and dynamic contrast are all better than LCD screens.
However, due to plasma display technology, the intellectual property rights are in the hands of a few R-series manufacturers. They not only adopt strict confidentiality measures for this technology, but also adopt many restrictive measures in the supply of panels.
This has resulted in most display device manufacturers only focusing on TFT-LCD (liquid crystal) display technology.
Just like Oriental Technology, under huge pressure, the company has successfully developed the 6th generation tft-lcd display technology and is eager to build a new production line.
This new production line is to compete with plasma products for the high-end market, leaving the mid- to low-end market to fifth-generation products. At present, the production cost of fifth-generation products has dropped significantly. By using the low-price strategy, the company has achieved the same goal as s
The two giants, Xingxing and LG, dominate the world.
"Mr. Liu, you know that I have always supported the technological progress of enterprises. However, I am not afraid of plasma display technology. Think about it, a technology that is only in the hands of a few manufacturers, in order to dominate
The market has actually lost the best opportunity for promotion."
Hu Yang clearly remembers that after a few years of hustle and bustle in the previous life, plasma TVs eventually became dull and completely disappeared from the market.
The main reason is that a few manufacturers that have mastered key technologies are stuck in their stead, while most manufacturers can only invest huge sums of money to promote the advancement of tft-led technology.
As TFT-LCD display technology gradually overcomes some obvious shortcomings, its cost-effective advantages will be highlighted.
The advantages of plasma display devices are no longer there, the range of choices is very narrow, and the price is high, so they are naturally abandoned by the majority of consumers.
"Mr. Hu, I admit that what you said makes sense, but we can't do nothing in the past few years, right? I think that Oriental Technology has made progress and never retreated on the road of technological progress."
Liu Jin Hu Yang was a little excited. Hu Yang looked at him strangely and said:
"Mr. Liu, why are you so excited? I didn't say I would support you. And you, don't act with me here. I don't know your purpose yet? The problem is that Oriental Technology's asset-liability ratio has always been high.
No, you are thinking of financing the construction of the 6th generation TFT-LCD production line. Isn’t this a bit too radical?”
Liu Jin also knew that his little thoughts could not be hidden from Hu Yang. He smiled and put on a posture of "whatever you say, that's my attitude."
The atmosphere in the room suddenly became a little strange.
Hu Yang remembered that in that time and space, Dongfang Electronics came here like this in ten years. It borrowed new debts to pay old debts, and just relied on borrowing to fight its way out of the siege.
"Yes, Mr. Liu, I'm afraid of you. Tell me, how much financing do you need this time?"
Hu Yang had no intention of making things difficult for Liu Jin, but he did not dare to agree too quickly, lest Liu Jin would have to travel to Shu.
"This time to build the sixth-generation production line, the total investment is only about 1 billion US dollars, which is about 8 billion yuan. The company can currently raise about 1 billion yuan of funds, and the funding gap is 7 billion yuan."
Liu Jin clasped his fingers and explained everything to Hu Yang carefully, and then hoped that Hu Yang could help Oriental Technology raise 7 billion yuan.
"Mr. Liu, I can't answer you right away. So, give me a few days and I will definitely give you a definite answer before I leave the capital."
Hu Yang actually planned to use part of the funds from the Hi-tech Venture Capital Fund to support Oriental Technology. But he did not want to agree too readily and planned to hang Liu Jin for two days. In addition, he needed to ask Liang Yu to come and do some research on this project.
A comprehensive assessment.
"Sure, I'm relieved with your words. What's the matter, Mr. Hu, I'll treat you to Erguotou tonight. We'll invite Mr. Xu together at that time. We won't come home until we're drunk."
Liu Jin stopped when he saw fit and did not push Hu Yang too much. In fact, Hu Yang was already very interested in Dongfang Technology. To a certain extent, what he had done was far beyond what a major shareholder should do.
"Don't drink too much tonight, let's go eat roast duck."
On the first day when Hu Yang arrived in the capital, he left Tian Sichun alone at home. After thinking about it, he decided to take her to Quanjude to eat roast duck in the evening.
"No problem. You, Mr. Hu, have spoken. How dare I not comply? Just wait, I'll call now."
After Liu Jin finished speaking, he immediately started calling to make reservations, and the evening activities were arranged in less than five minutes.
Before 5:30 in the afternoon, Tian Sichun, Wu Xinhui, and Lu Dacheng returned to the courtyard with large and small bags.
"Chunchun, don't clean up now. Someone is inviting you to roast duck tonight. We have to leave now."
Liu Jin arranged the dinner for the evening and left the courtyard first. Seeing that it was almost time, Hu Yang urged Tian Sichun and others to go out quickly.
Lu Dacheng had to be on duty in the courtyard at night, so he didn't go with him. Ye Chong would arrange for someone to deliver his dinner and luggage for him.
After finishing their meal and coming out of the hotel, Hu Yang and others walked around Qianmen Street. It was already past ten o'clock when they returned to the hotel.
Tian Sichun ran all afternoon and was a little tired, so he took a shower and went to bed early.
Hu Yang sat at the desk in the suite and called Liang Yu, asking him to come to the capital tomorrow as he had an important job to give him.
The next day.
After breakfast, Hu Yang and others checked out of the hotel room and then came to the courtyard.
"Chunchun, you stay here and clean up slowly. I need to go out for a while. I will be back at noon and wait for me to have dinner with you."
Hu Yang plans to visit the construction site of Jingdu Building in the morning. Jingcheng Company does not need to rush there. Anyway, there is still time in the next few days.
"Ayang, why don't we cook for lunch? Everything is ready here. I'll buy some food and come back."
In the courtyard, Ye Chong had people prepare rice, noodles, cooking oil, condiments, etc. in advance, but he needed to buy the vegetables himself.
Tian Sichun felt that since it was the first time for him and Hu Yang to stay here, they should start the cooking by themselves.
"Is it too much trouble? In this case, I will tell Manager Ye later and ask him to arrange for someone to come over to cook for the next two days."
Hu Yang thought about it, but still couldn't bear to make Tian Sichun too tired. As soon as he mentioned Ye Chong, someone rang the doorbell at the gate.
Lu Dacheng ran over and opened the door and saw that it was Ye Chong who was here.
"Mr. Hu, take a look at what's missing here. I'll have it sent over later."
Ye Chongduo was there for business, and as soon as he entered the door, he asked Populus euphratica if he still lacked anything.
"All the little things have been prepared. Manager Ye, please arrange for a chef to come over and cook for us in the past few days."
Ye Chong came at the right time, and Hu Yang told him the matter by the way.
"Okay, no problem."
After Ye Chong finished speaking, he went aside to make a phone call. Within an hour, a man and a woman came. The man was about forty years old, and the woman looked a few years younger.
"Mr. Hu, they are a couple. The man used to be a chef in a hotel, and the woman was his assistant. Let them cook a meal for you at noon. If you think it's okay, let them cook it in the next few days.
Stay here for a few days."
Ye Chong didn't introduce much, and Hu Yang didn't bother to ask.
Leaving Lu Dacheng and Wu Xinhui behind, he took Li Jie and Ye Chong to the construction site of the Kyoto Building.
After looking around, Populus euphratica is generally satisfied, except that the progress of the project is a little slow. However, considering the climate conditions in the north, the progress is still within an acceptable range.
Others, such as project supervision, construction specifications and safety, are all done very well, and the quality is impeccable.
"Manager Ye, I am quite satisfied with all aspects of the Kyoto Building construction project. I hope you will not relax and strive to complete the project on time while ensuring quality."
Hu Yang didn't say much. The meaning of this sentence must be deeply understood by Ye Chong.
"Mr. Hu, don't worry, I will always keep an eye on this project."
Ye Chong made a guarantee, and Hu Yang estimated that there was still hope that the entire project would be completed on time.
Chapter completed!