Reborn Millennial Gamer
Chapter 521 BOE's Call for Help
How many times?
It's been two days, blah blah blah (asshole)!
Li Fuzhen opened his eyes abruptly, got up lazily with the lingering languor from last night, his hair disheveled, but his complexion was extraordinarily rosy, he got out of bed wrapped in sheets, walked to the balcony and opened the window.
Accompanied by a cool breeze, the sun shone on her face, and the previously dull skin was radiant again, like ripe purple grapes, mouth-watering.
However, this one of hers was almost eaten alive by Master Lu.
"Fortunately, I'm safe these few days, or else he will..."
Before Li Fuzhen finished speaking, the landline in the suite was interrupted with a "ringing" sound, and the calling secretary reminded responsibly:
Depart for home this afternoon.
The business trip was nearly 2 weeks, and the task assigned by Li Jianxi was obviously in a deadlock. He couldn't persuade him, and he couldn't sleep in it. Master Lu was really soft and hard, and there was no point in staying any longer.
Fortunately, this trip was worthwhile, and the gains are far more than the losses.
"Stinky boy!"
Li Fuzhen cursed angrily, turned around and saw a glass of water on the coffee table, the water was still warm, and a contract folded into tofu cubes and a note were pressed on the base.
It was immediately recognized that the handwriting was Lu Fei's.
It actually says that the contract is her dream authorization agreement!
Lu Fei will not let her return without success. Only when her ability is recognized by Li Jianxi can she be further promoted to the Consumer Electronics Department, Li Zairong's core sphere of influence.
3D NAND flash memory is equal to a stepping stone to climb up.
"Pubu (fool)."
Li Fuzhen's surprised eyes were mixed with complex emotions. She was born in a chaebol and had long been used to being cold-faced and ruthless.
How can we talk about feelings when we talk about business?
But when he opened the authorization letter, he couldn't help cursing inwardly, damn it, Ah Fei!Give me back my tears!
The conditions for technology cross-licensing are impressively written on it——
Want to be?Take the core patents of OLED and AMOLED panels in exchange!
"Mr. Lu, Shen Yueguang really needs panel technology."
Hu Yuhua looked at Lu Fei who was sitting on the high-backed leather chair, "But with this change, aren't we at a disadvantage?"
Lu Fei laughed and said, "A loss? Do you think OLED and AMOLED patents are worth replacing with 3D NAND flash memory?"
"Of course!"
Hu Yuhua nodded without hesitation, "NAND flash memory was originally created by Toshiba, and the reason why it was overtaken by Samsung later is that Samsung was the first to develop 1GB memory, and it firmly occupied the world's first market share?
Now we have made a direct breakthrough from 2D to 3D, coupled with the advantages that NOR flash memory has already achieved, we have every chance to pull Samsung down! "
"You're not unreasonable."
The corner of Lu Fei's mouth raised, "But what if I tell you that the BISC technology that Toshiba and we cooperate with is flawed?"
"No way, Mr. Lu? Where are the flaws?"
Hu Yuhua's eyes widened.
"Several key data obtained from our experiment are completely different from Toshiba's, not even a little bit worse."
"You mean Toshiba falsified the data again?"
"The word 'you' is used correctly!"
Lu Fei curled his lips unhappily. Japanese companies have long been habitual offenders of falsification of technical information and research data. They were cheated miserably during the honeymoon period. Equipment, parts and even raw materials are all ghosts.
The Three Gorges Project almost invited bids for fake neon steel.
Shit craftsman spirit!
Toshiba couldn't make effective BiCS at all. Originally, the whole process was realized by alternately depositing oxide (SiO) layers and polysilicon (pSi) layers, and then forming a channel hole in this layer stack, filling oxide-nitride-oxide substance (ONO) and pSix.
Next, a photoresist is deposited, and after a continuous etching process, the photoresist is trimmed and then etched to form a step to form an interconnect.
In the final step, a trench is etched and filled with oxide.
However, the problem is either the photoresist etching in the third step, or the tape-out packaging and testing. Even if it succeeds by luck, the yield rate is so low that it is outrageous——
Only 6.3%!
"Mr. Lu, doesn't Toshiba have a statement!"
Hu Yuhua said indignantly: "We have already spent 2.2 million US dollars on this project!"
"What can you say?"
Lu Fei clenched his fists, and the backlog was on fire: "Toshiba's chief technical engineer in charge of this project cut his wrist and was hospitalized, the accountant lay on the rails and died, that bastard Xi Tian bent his waist, and said 'red bean paste Smith Marseille' and wanted to die. , Damn, how can there be such a cheap thing! I suspect that this group of little neon is forming a group to fool us, and has been embezzling research and development funds behind our backs."
"It's too shameless, isn't it?"
Hu Yuhua never thought that Toshiba could be so stinky and shameless, he was speechless for a moment, "Then we are not tormenting for nothing?"
"Hahaha, it's not in vain."
Lu Fei turned his anger into joy, "Toshiba dared to do this, wouldn't he just bully me as a logical incompetent?
Coincidentally, we do have people!
Zhu Yiming thinks that the grid first will not work. Can you try the grid back, alternating oxide layers and nitride layers, and they really came up with a new process that is different from 'BiCS', called 'TCAT', Terabit Cell Array Transistor. "
(ps: Samsung is this process)
"Mr. Lu, how's the result of the tape-out packaging and testing?"
"It's quite impressive, and the yield rate has doubled."
"God!!"
Hu Yuhua gasped. If this technology develops smoothly, it is fully qualified to be selected for the National Science and Technology Progress Award.
And, at least second prize!
"Hush, during the confidentiality stage, didn't you watch the celebration banquet?" Lu Fei made a silent gesture, "Toshiba won't know that we secretly set up a new project team behind their backs, and it's exclusive, now you think Is this money spent wrongly? Is this technology cross-licensing a loss?"
"Mr. Lu, you are killing three birds with one stone!"
Hu Yuhua was excited with a hint of admiration. Although the money was stolen and the project failed, Toshiba helped Fuxin cultivate a group of high-tech talents for flash memory chips.
It is this group of people who created the TCAT process.
Moreover, the BiCS process is not worthless. If Samsung agrees to authorize it, it will not only exchange for technology cross-licensing of OLED and AMOLED panels, but also mislead Samsung's flash memory research and development direction. You must know that from thoroughly understanding the data, to building tests, to corrections and improvements , without three to five years, it is simply impossible.
Isn't this a good opportunity for Fuxin to develop!
"What is virtual is real, and what is real is virtual."
Lu Fei's export is "Sun Tzu's Art of War".
Hu Yuhua was amazed and worried: "But will this be detrimental to Ms. Li Fuzhen? If Samsung agrees to the technology exchange, BiCS's process defects will definitely be found out in the future. As the person in charge of introducing technology, will she... "
"Investigate! Be sure to investigate! You must also find out ruthlessly!"
Lu Fei looked serious, "If we don't investigate, how can we prove that logic is also a victim? If we don't prove it, how can we expose Toshiba's data fraud? If we don't expose it, how can we join forces with Samsung to retaliate? Samsung will definitely understand, and it's not like they haven't been caught by Toshiba. It’s been tricked, how do you say that sentence, the friendship between China and South Korea depends on neon.”
"Then Miss Li?" Hu Yuhua asked.
Lu Fei raised his left leg and put it on his right leg, "When the incident happened, she was no longer in the foundry department, but should be in the consumer electronics department. Zai Rong also participated, she was just following orders, if you want to blame, you can't blame her."
No wonder I had to go to see off the plane, it turned out that there was a ghost in my heart...
Hu Yuhua felt that it made sense, but he couldn't refute it for a while.
"This is also considered waste utilization."
Lu Fei squinted his eyes, "Just wait for Samsung's first punch, hehe, you fucking little neon, dare to be greedy for my money!"
The murderous look in his eyes made Hu Yuhua's hair stand on end.
At this moment, there was a "dong dong" knock on the door from behind, and she was so frightened that her hair exploded like a cat, and her whole body trembled.
"Mr. Lu, Mr. Wang from BOE heard that you were here, so he suddenly came to visit and said that he has an urgent matter and needs to see you immediately."
"Please come in."
Lu Fei stood for a while, and finally a figure appeared at the open door. He took a closer look, and immediately gasped.
Seeing Wang Dongsheng's half-white and half-black hair, almost all of which were dyed white, he was in his prime, but he was as old as a lifeless old man, hunched over, and said weakly:
"Mr. Lu."
"Hi~"
Lu Fei looked up and down, not seen for a few days, depressed?
"Mr. Lu!"
Wang Dongsheng suddenly ran to him excitedly, "You must save BOE! Otherwise, BOE will be doomed!"
"Don't worry, speak slowly."
Although Lu Fei didn't understand the situation, he comforted him calmly, invited him to sit on the sofa, poured tea, and said:
"What happened to BOE? Why is it going to end?"
"There is no money, and the capital chain is completely broken."
Wang Dongsheng sat very low, as if he was about to sink into the sofa.
Hu Yuhua frowned: "How is this possible? We placed an order for 100 million capacitive touch screens. How could BOE have no money?"
"Ah~"
Wang Dongsheng lowered his head to avoid their scrutiny: "Mr. Lu, Mr. Hu, you don't know that although you have paid 5500 million in advance, you need money everywhere for the authorization fee, the purchase, placement, and commissioning of the production line. 5500 million Wan, it's really a drop in the bucket."
"Will BOE not be able to spend any more money?" Lu Fei asked.
Wang Dongsheng smiled wryly and shook his head, "No, not even a penny, to tell you the truth, the deficit of the LCD screen is too great!
Many high-level executives, including me, have made crooked thoughts and used the 5500 million yuan of the touch screen for other purposes, but when they thought that Mr. Lu valued BOE so much and gave me such an important order for capacitive touch screens, he immediately gave up the idea, but now , We are so poor that we can't open the pot, it's hard for a smart woman to cook without rice. "
"Drink tea, drink tea."
Lu Fei was calm, and even wanted to laugh a little.
In her previous life, as a juicy and fine leek, she never dreamed that she would be locked up by BOE and tortured to death.
Its reputation is very resounding, and it has achieved many world firsts without making a sound, the world's largest LCD panel shipments, the world's largest share of tablet PC screens, the world's largest share of smartphone LCD screens, and the world's largest gross profit margin in the industry... …
However, on the other hand, BOE has a huge amount of financing, and as a result, its financial reports are not so good every year. It is dead in the A-share market, and it is completely sorry for the golden honor.
What the king of panels, the king of misappropriating money!
What a country's most important weapon, a melting pot of value!
I thought it was the bottom of the valley, but I didn't expect to be able to make a hole!
This moment, just like that moment.
It lost 15.87 billion last year, and is expected to lose 17.5 billion this year, a huge loss of 33 billion. The stock price of A shares plummeted to an extremely low point. It has already been marked with the "ST" logo, and it is only one step away from delisting.
"Workers want wages, equipment manufacturers want loans..."
There was a trace of despair in Wang Dongsheng's tone, "Now we can't get any money out. We are half on the verge of bankruptcy. If we can't find any more money, BOE will be finished!"
"How can you lose so much?"
Lu Fei took a shallow sip of tea.
"Mr. Lu, the panel industry is cyclical."
Wang Dongsheng sighed for a long time, "When we started the first 03th generation TFT-LCD production line in China in 5, it happened to be spring, and a 17-inch screen was still $300, but it was officially put into production in 05, but encountered In the cold winter, LCD panels all over the world have entered the downward channel, and the price has been cut down, even falling to 150 dollars, and the production is losing money, but we can't stop production, so we can only carry on."
"I understand, counter-cyclical investment."
Lu Fei understands that this kind of law has always existed in the field of LCD panels, that is, every time a period of time passes, the price of LCD panels will experience market fluctuations——
Boom, bust, recession, recovery.
Regardless of whether it is in a depression period or a recession period, the supply of LCD screens will seriously exceed demand, and the price will naturally plummet. The weak manufacturers cannot bear the loss and will be eliminated, while the strong ones will take the opportunity to expand, or invest in mergers and acquisitions, or invest in Build factories, frantically expand market share, monopolize the market before recovery, and return a wave of blood.
Samsung is relying on this method to take the lead in the fields of dram, NAND flash memory, panel, etc., and the winner takes all!
"Well, now Samsung, NEC, and LG have been cutting prices at any cost, trying to overwhelm BOE, but we must resist anyway, because we are the only independent 5th generation LCD screen in China, and the 6th generation has also passed in development."
Wang Dongsheng clenched his fists, his eyes full of dissatisfaction.
"Why don't you find a solution with the bank?"
Hu Yuhua watched sympathetically.
"If the bank is willing to lend money, President Wang will come to me?"
Lu Fei cast a glance.
"Yes, if I hadn't been desperate, I would never bother Mr. Lu. There is really no other way!"
Wang Dongsheng bluntly said that BOE has reached the most dangerous time. The cooperative banks not only suspended the loan, but also downgraded the credit rating. No bank was willing to lend even 1000 million yuan, and had to resort to stock market financing as a last resort.
However, the China Securities Regulatory Commission rejected BOE's financing plan.
It's really the end of the mountain, and there is no way out!
Master Lu, for the sake of our allies, give your brother a hand!
"I will definitely help with this favor!"
Lu Fei patted him on the shoulder, "How much do you want to borrow?"
"5 million!"
Wang Dongsheng flushed with excitement, stretched out five fingers, and blurted out: "It's not a beautiful knife, RMB is fine."
Lu Fei pondered for a moment, without saying a word.
Wang Dongsheng's heart skipped a beat, and he swore that he was willing to use his high-quality assets as collateral.
For example, the joint venture company TPV Technology, the world's second largest display manufacturer, has an annual dividend of 3000 million.
Another example is the "Bangzi BOE" established to acquire Hyundai's shares, with many patents and excellent assets...
"no no."
Lu Fei shook his head lightly.
"Mr. Lu, if the mortgage is not good, how about selling it to you at a price? Under the overturned nest, there will be no eggs. Anyway, if BOE is gone, it will definitely be swallowed by Samsung and LG. Instead of giving the stick, it is better to give it to your own people! "
Wang Dongsheng was like an ant on a hot pot, speaking incoherently.
"you misunderstand me."
Lu Fei grinned and said: "Huaxia needs panels, and logic also needs panels. BOE will never let me die!"
"Mr. Lu!"
Hope suddenly flickered in Wang Dongsheng's desperate eyes.
"Even if I have no logic, I will definitely save it!"
Lu Fei looked straight into his eyes and said, "Mr. Wang, don't forget that we are all members of the 'Huaxia Revival Association'. Have you forgotten the original intention of founding the Renaissance Association?"
"I haven't forgotten! Mr. Lu, I haven't forgotten!"
Wang Dongsheng opened his mouth, choking on sobs.
"5 billion is too little."
Lu Fei hugged his younger brother's shoulders like a big brother, and encouraged him: "You tell me the truth, how much does it cost, you are so good at Samsung and LG!"
Thanks to Yuan Lai ヽ for the 1600 starting coins.
It's been two days, blah blah blah (asshole)!
Li Fuzhen opened his eyes abruptly, got up lazily with the lingering languor from last night, his hair disheveled, but his complexion was extraordinarily rosy, he got out of bed wrapped in sheets, walked to the balcony and opened the window.
Accompanied by a cool breeze, the sun shone on her face, and the previously dull skin was radiant again, like ripe purple grapes, mouth-watering.
However, this one of hers was almost eaten alive by Master Lu.
"Fortunately, I'm safe these few days, or else he will..."
Before Li Fuzhen finished speaking, the landline in the suite was interrupted with a "ringing" sound, and the calling secretary reminded responsibly:
Depart for home this afternoon.
The business trip was nearly 2 weeks, and the task assigned by Li Jianxi was obviously in a deadlock. He couldn't persuade him, and he couldn't sleep in it. Master Lu was really soft and hard, and there was no point in staying any longer.
Fortunately, this trip was worthwhile, and the gains are far more than the losses.
"Stinky boy!"
Li Fuzhen cursed angrily, turned around and saw a glass of water on the coffee table, the water was still warm, and a contract folded into tofu cubes and a note were pressed on the base.
It was immediately recognized that the handwriting was Lu Fei's.
It actually says that the contract is her dream authorization agreement!
Lu Fei will not let her return without success. Only when her ability is recognized by Li Jianxi can she be further promoted to the Consumer Electronics Department, Li Zairong's core sphere of influence.
3D NAND flash memory is equal to a stepping stone to climb up.
"Pubu (fool)."
Li Fuzhen's surprised eyes were mixed with complex emotions. She was born in a chaebol and had long been used to being cold-faced and ruthless.
How can we talk about feelings when we talk about business?
But when he opened the authorization letter, he couldn't help cursing inwardly, damn it, Ah Fei!Give me back my tears!
The conditions for technology cross-licensing are impressively written on it——
Want to be?Take the core patents of OLED and AMOLED panels in exchange!
"Mr. Lu, Shen Yueguang really needs panel technology."
Hu Yuhua looked at Lu Fei who was sitting on the high-backed leather chair, "But with this change, aren't we at a disadvantage?"
Lu Fei laughed and said, "A loss? Do you think OLED and AMOLED patents are worth replacing with 3D NAND flash memory?"
"Of course!"
Hu Yuhua nodded without hesitation, "NAND flash memory was originally created by Toshiba, and the reason why it was overtaken by Samsung later is that Samsung was the first to develop 1GB memory, and it firmly occupied the world's first market share?
Now we have made a direct breakthrough from 2D to 3D, coupled with the advantages that NOR flash memory has already achieved, we have every chance to pull Samsung down! "
"You're not unreasonable."
The corner of Lu Fei's mouth raised, "But what if I tell you that the BISC technology that Toshiba and we cooperate with is flawed?"
"No way, Mr. Lu? Where are the flaws?"
Hu Yuhua's eyes widened.
"Several key data obtained from our experiment are completely different from Toshiba's, not even a little bit worse."
"You mean Toshiba falsified the data again?"
"The word 'you' is used correctly!"
Lu Fei curled his lips unhappily. Japanese companies have long been habitual offenders of falsification of technical information and research data. They were cheated miserably during the honeymoon period. Equipment, parts and even raw materials are all ghosts.
The Three Gorges Project almost invited bids for fake neon steel.
Shit craftsman spirit!
Toshiba couldn't make effective BiCS at all. Originally, the whole process was realized by alternately depositing oxide (SiO) layers and polysilicon (pSi) layers, and then forming a channel hole in this layer stack, filling oxide-nitride-oxide substance (ONO) and pSix.
Next, a photoresist is deposited, and after a continuous etching process, the photoresist is trimmed and then etched to form a step to form an interconnect.
In the final step, a trench is etched and filled with oxide.
However, the problem is either the photoresist etching in the third step, or the tape-out packaging and testing. Even if it succeeds by luck, the yield rate is so low that it is outrageous——
Only 6.3%!
"Mr. Lu, doesn't Toshiba have a statement!"
Hu Yuhua said indignantly: "We have already spent 2.2 million US dollars on this project!"
"What can you say?"
Lu Fei clenched his fists, and the backlog was on fire: "Toshiba's chief technical engineer in charge of this project cut his wrist and was hospitalized, the accountant lay on the rails and died, that bastard Xi Tian bent his waist, and said 'red bean paste Smith Marseille' and wanted to die. , Damn, how can there be such a cheap thing! I suspect that this group of little neon is forming a group to fool us, and has been embezzling research and development funds behind our backs."
"It's too shameless, isn't it?"
Hu Yuhua never thought that Toshiba could be so stinky and shameless, he was speechless for a moment, "Then we are not tormenting for nothing?"
"Hahaha, it's not in vain."
Lu Fei turned his anger into joy, "Toshiba dared to do this, wouldn't he just bully me as a logical incompetent?
Coincidentally, we do have people!
Zhu Yiming thinks that the grid first will not work. Can you try the grid back, alternating oxide layers and nitride layers, and they really came up with a new process that is different from 'BiCS', called 'TCAT', Terabit Cell Array Transistor. "
(ps: Samsung is this process)
"Mr. Lu, how's the result of the tape-out packaging and testing?"
"It's quite impressive, and the yield rate has doubled."
"God!!"
Hu Yuhua gasped. If this technology develops smoothly, it is fully qualified to be selected for the National Science and Technology Progress Award.
And, at least second prize!
"Hush, during the confidentiality stage, didn't you watch the celebration banquet?" Lu Fei made a silent gesture, "Toshiba won't know that we secretly set up a new project team behind their backs, and it's exclusive, now you think Is this money spent wrongly? Is this technology cross-licensing a loss?"
"Mr. Lu, you are killing three birds with one stone!"
Hu Yuhua was excited with a hint of admiration. Although the money was stolen and the project failed, Toshiba helped Fuxin cultivate a group of high-tech talents for flash memory chips.
It is this group of people who created the TCAT process.
Moreover, the BiCS process is not worthless. If Samsung agrees to authorize it, it will not only exchange for technology cross-licensing of OLED and AMOLED panels, but also mislead Samsung's flash memory research and development direction. You must know that from thoroughly understanding the data, to building tests, to corrections and improvements , without three to five years, it is simply impossible.
Isn't this a good opportunity for Fuxin to develop!
"What is virtual is real, and what is real is virtual."
Lu Fei's export is "Sun Tzu's Art of War".
Hu Yuhua was amazed and worried: "But will this be detrimental to Ms. Li Fuzhen? If Samsung agrees to the technology exchange, BiCS's process defects will definitely be found out in the future. As the person in charge of introducing technology, will she... "
"Investigate! Be sure to investigate! You must also find out ruthlessly!"
Lu Fei looked serious, "If we don't investigate, how can we prove that logic is also a victim? If we don't prove it, how can we expose Toshiba's data fraud? If we don't expose it, how can we join forces with Samsung to retaliate? Samsung will definitely understand, and it's not like they haven't been caught by Toshiba. It’s been tricked, how do you say that sentence, the friendship between China and South Korea depends on neon.”
"Then Miss Li?" Hu Yuhua asked.
Lu Fei raised his left leg and put it on his right leg, "When the incident happened, she was no longer in the foundry department, but should be in the consumer electronics department. Zai Rong also participated, she was just following orders, if you want to blame, you can't blame her."
No wonder I had to go to see off the plane, it turned out that there was a ghost in my heart...
Hu Yuhua felt that it made sense, but he couldn't refute it for a while.
"This is also considered waste utilization."
Lu Fei squinted his eyes, "Just wait for Samsung's first punch, hehe, you fucking little neon, dare to be greedy for my money!"
The murderous look in his eyes made Hu Yuhua's hair stand on end.
At this moment, there was a "dong dong" knock on the door from behind, and she was so frightened that her hair exploded like a cat, and her whole body trembled.
"Mr. Lu, Mr. Wang from BOE heard that you were here, so he suddenly came to visit and said that he has an urgent matter and needs to see you immediately."
"Please come in."
Lu Fei stood for a while, and finally a figure appeared at the open door. He took a closer look, and immediately gasped.
Seeing Wang Dongsheng's half-white and half-black hair, almost all of which were dyed white, he was in his prime, but he was as old as a lifeless old man, hunched over, and said weakly:
"Mr. Lu."
"Hi~"
Lu Fei looked up and down, not seen for a few days, depressed?
"Mr. Lu!"
Wang Dongsheng suddenly ran to him excitedly, "You must save BOE! Otherwise, BOE will be doomed!"
"Don't worry, speak slowly."
Although Lu Fei didn't understand the situation, he comforted him calmly, invited him to sit on the sofa, poured tea, and said:
"What happened to BOE? Why is it going to end?"
"There is no money, and the capital chain is completely broken."
Wang Dongsheng sat very low, as if he was about to sink into the sofa.
Hu Yuhua frowned: "How is this possible? We placed an order for 100 million capacitive touch screens. How could BOE have no money?"
"Ah~"
Wang Dongsheng lowered his head to avoid their scrutiny: "Mr. Lu, Mr. Hu, you don't know that although you have paid 5500 million in advance, you need money everywhere for the authorization fee, the purchase, placement, and commissioning of the production line. 5500 million Wan, it's really a drop in the bucket."
"Will BOE not be able to spend any more money?" Lu Fei asked.
Wang Dongsheng smiled wryly and shook his head, "No, not even a penny, to tell you the truth, the deficit of the LCD screen is too great!
Many high-level executives, including me, have made crooked thoughts and used the 5500 million yuan of the touch screen for other purposes, but when they thought that Mr. Lu valued BOE so much and gave me such an important order for capacitive touch screens, he immediately gave up the idea, but now , We are so poor that we can't open the pot, it's hard for a smart woman to cook without rice. "
"Drink tea, drink tea."
Lu Fei was calm, and even wanted to laugh a little.
In her previous life, as a juicy and fine leek, she never dreamed that she would be locked up by BOE and tortured to death.
Its reputation is very resounding, and it has achieved many world firsts without making a sound, the world's largest LCD panel shipments, the world's largest share of tablet PC screens, the world's largest share of smartphone LCD screens, and the world's largest gross profit margin in the industry... …
However, on the other hand, BOE has a huge amount of financing, and as a result, its financial reports are not so good every year. It is dead in the A-share market, and it is completely sorry for the golden honor.
What the king of panels, the king of misappropriating money!
What a country's most important weapon, a melting pot of value!
I thought it was the bottom of the valley, but I didn't expect to be able to make a hole!
This moment, just like that moment.
It lost 15.87 billion last year, and is expected to lose 17.5 billion this year, a huge loss of 33 billion. The stock price of A shares plummeted to an extremely low point. It has already been marked with the "ST" logo, and it is only one step away from delisting.
"Workers want wages, equipment manufacturers want loans..."
There was a trace of despair in Wang Dongsheng's tone, "Now we can't get any money out. We are half on the verge of bankruptcy. If we can't find any more money, BOE will be finished!"
"How can you lose so much?"
Lu Fei took a shallow sip of tea.
"Mr. Lu, the panel industry is cyclical."
Wang Dongsheng sighed for a long time, "When we started the first 03th generation TFT-LCD production line in China in 5, it happened to be spring, and a 17-inch screen was still $300, but it was officially put into production in 05, but encountered In the cold winter, LCD panels all over the world have entered the downward channel, and the price has been cut down, even falling to 150 dollars, and the production is losing money, but we can't stop production, so we can only carry on."
"I understand, counter-cyclical investment."
Lu Fei understands that this kind of law has always existed in the field of LCD panels, that is, every time a period of time passes, the price of LCD panels will experience market fluctuations——
Boom, bust, recession, recovery.
Regardless of whether it is in a depression period or a recession period, the supply of LCD screens will seriously exceed demand, and the price will naturally plummet. The weak manufacturers cannot bear the loss and will be eliminated, while the strong ones will take the opportunity to expand, or invest in mergers and acquisitions, or invest in Build factories, frantically expand market share, monopolize the market before recovery, and return a wave of blood.
Samsung is relying on this method to take the lead in the fields of dram, NAND flash memory, panel, etc., and the winner takes all!
"Well, now Samsung, NEC, and LG have been cutting prices at any cost, trying to overwhelm BOE, but we must resist anyway, because we are the only independent 5th generation LCD screen in China, and the 6th generation has also passed in development."
Wang Dongsheng clenched his fists, his eyes full of dissatisfaction.
"Why don't you find a solution with the bank?"
Hu Yuhua watched sympathetically.
"If the bank is willing to lend money, President Wang will come to me?"
Lu Fei cast a glance.
"Yes, if I hadn't been desperate, I would never bother Mr. Lu. There is really no other way!"
Wang Dongsheng bluntly said that BOE has reached the most dangerous time. The cooperative banks not only suspended the loan, but also downgraded the credit rating. No bank was willing to lend even 1000 million yuan, and had to resort to stock market financing as a last resort.
However, the China Securities Regulatory Commission rejected BOE's financing plan.
It's really the end of the mountain, and there is no way out!
Master Lu, for the sake of our allies, give your brother a hand!
"I will definitely help with this favor!"
Lu Fei patted him on the shoulder, "How much do you want to borrow?"
"5 million!"
Wang Dongsheng flushed with excitement, stretched out five fingers, and blurted out: "It's not a beautiful knife, RMB is fine."
Lu Fei pondered for a moment, without saying a word.
Wang Dongsheng's heart skipped a beat, and he swore that he was willing to use his high-quality assets as collateral.
For example, the joint venture company TPV Technology, the world's second largest display manufacturer, has an annual dividend of 3000 million.
Another example is the "Bangzi BOE" established to acquire Hyundai's shares, with many patents and excellent assets...
"no no."
Lu Fei shook his head lightly.
"Mr. Lu, if the mortgage is not good, how about selling it to you at a price? Under the overturned nest, there will be no eggs. Anyway, if BOE is gone, it will definitely be swallowed by Samsung and LG. Instead of giving the stick, it is better to give it to your own people! "
Wang Dongsheng was like an ant on a hot pot, speaking incoherently.
"you misunderstand me."
Lu Fei grinned and said: "Huaxia needs panels, and logic also needs panels. BOE will never let me die!"
"Mr. Lu!"
Hope suddenly flickered in Wang Dongsheng's desperate eyes.
"Even if I have no logic, I will definitely save it!"
Lu Fei looked straight into his eyes and said, "Mr. Wang, don't forget that we are all members of the 'Huaxia Revival Association'. Have you forgotten the original intention of founding the Renaissance Association?"
"I haven't forgotten! Mr. Lu, I haven't forgotten!"
Wang Dongsheng opened his mouth, choking on sobs.
"5 billion is too little."
Lu Fei hugged his younger brother's shoulders like a big brother, and encouraged him: "You tell me the truth, how much does it cost, you are so good at Samsung and LG!"
Thanks to Yuan Lai ヽ for the 1600 starting coins.
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