Rebirth of Northern 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 signage and mobile devices is not large. In such a small market, mutual Fighting is meaningless..."

Xi Zhanping's English ability is good. 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 world's top 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 currently make, 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 there such a cheap?

In fact, the Xizi mobile phone department quickly became a burden for BenQ. Due to the restrictions of European labor laws, it could not save costs through layoffs at all. It could only be seen to be 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 types of LED players today, 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!

————————

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 repertoire of such industry conferences. This kind of expectation, as long as it is a larger company or an investor, will do it. This kind of expectation is sometimes issued by a third-party research company.

However, this kind of calculation of industry market expectations is generally based on the average development 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.

The market size is too small, obviously unable to 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 thin air. Every figure here is justified and unstoppable.

Your future is the sea of ​​stars!

————————

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 if it is converted at the official exchange rate, it is only four billion U.S. dollars.

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

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

This is the second time, he is playing that level of MLM-level speech skills. The people he persuaded this time were no longer just teachers and students with no 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.

——————

"What did they say?"

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

"Did you not listen just now?" Xi Zhanping glanced strangely at the parent officer sitting next to him. 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!"

——————

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

It borrows some ideas from later generations of open source software. This concept sounds very lofty, and it can indeed play a role in advancing the development of science and technology. But its biggest beneficiaries are the laggards.

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

Based on the facts that each company has seen with their own eyes, in the past two months, it is clear that optoelectronic research has continued to make progress in the LED field.

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 to realize these markets has not only been developed by optoelectronic scientific 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, even a strange idea arose. In this case, why should I spend money to support my own R&D capabilities?

As for technological competition, with the current situation, who has the confidence to surpass the genius standing in the center of the halo?

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