Rebirth of Northern Technology

"Mr. Cheng, saw your green LED paper, congratulations!"

Kerui’s boss, Big Nose Smith’s phone call came directly to Cheng Yongxing’s desk. The green LED paper was published as scheduled, and its response was not unexpected, and it really attracted worldwide attention.

"Thank you!"

"However, the upgrade of LED technology can be delayed for a while. The continuous improvement of LED brightness is very unfavorable to us!"

The content of the other party's phone call was somewhat unexpected.

"What's wrong? Some time ago, your benefits were still very good!"

Cheng Yongxing received the call, a bit inexplicable.

Taking advantage of the great breakthrough in blue LED technology, Kerui was listed on the market at the end of 1991.

Due to the novelty and topicality of blue LEDs and white LEDs, they were warmly welcomed by the market as soon as they went on the market. The market has been waiting for blue and white light for too long.

Both red light and green light have their own problems, and the market has long been impatient. The problem with red light is that the color is unlucky, and it represents bloodshed in Western society!

The problem with green light is that it is not bright enough. This is similar to the situation faced by Optoelectronics. In addition, the color is too monotonous.

So as soon as Blu-ray came out, downstream manufacturers couldn't wait to make major replacements. Various blue and white signs have been released.

Kerui's stocks also took advantage of this spring breeze, all the way up. All the investors were too happy to close their mouths.

————————

"Don't mention it, the LED market has collapsed!"

Any firmness cannot last. This kind of historically accumulated market is always limited.

With the widespread popularity of blue LEDs and white LEDs, the freshness of consumers will soon disappear.

LED brightness, led by Optoelectronics, has begun a rapid growth process. Every few months, the brightness of the LED can rise to a higher level.

From a market point of view, this is a good thing, because the scope of application of LEDs is rapidly expanding.

Recently, LED is also a frequent visitor to various science and technology magazines, and everyone is predicting when the LED light source will arrive.

But for the manufacturers who are in it, they know how warm and cold they are.

Because the product upgrade speed is too fast, customers are beginning to wait and see. No one wants to buy something by himself, it will be out of date in two or three months. Especially LED related products are quite expensive!

As a result, with the gradual increase in LED brightness, the market has not expanded, but has stagnated and shrunk.

Manufacturers understand what is going on. This stagnation is only a temporary phenomenon. These demands have not disappeared, but lagging behind.

But investors don’t understand, shareholders don’t understand!

But just one quarter after it went public, sales revenue declined and profits declined. What's wrong with this?

Is your financial data fraudulent?

Check it, it doesn't work, class action!

There are so many lawyers in the United States!

"what is your opinion?"

Cheng Yongxing is also a little bit emotional. The LCD’s boom cycle has not yet been seen, the LED’s have been seen first.

And the LED boom cycle is too fast. It is not in terms of years, but in months.

In less than a year, the buzzing, bustling LED industry has gone cold?

In fact, at the beginning of this year, the large LED screen feels a little bit. Looking at the declining price of LEDs, customers also demanded price cuts for large screens.

But the current large-screen users are just in need, and Qian Dezhi did not take this information seriously.

"Technical upgrades are needed, but controllable! We have to squeeze it bit by bit like toothpaste."

Ke Rui is burning her eyebrows now. This kind of ventilation is actually a bit of a violation. This can be regarded as a kind of monopoly.

—————————

"Find a time and come to Bingcheng. We have several manufacturers, it's time to get together."

Cheng Yongxing offered the invitation. Anyway, he doesn't go anywhere, as long as it is a party, only others can fly over.

"Let's talk? Talk about this? I'm afraid it won't work."

Antitrust laws are not vegetarian. There are some things that can only be understood.

"Not to talk about this. Isn't this year's LED annual meeting not held yet? Just use the name of the annual meeting. Then we will discuss things together."

"Do you want to engage in that equipment exhibition? But everyone is not in the mood to expand production capacity!"

Due to the decline in sales profits, each company can only reduce expenses for the sake of its own statements. There is money, but it is impossible to continue investing.

"It has nothing to do with this. I have a new earning channel and I will introduce it to you."

"Really? What the **** is it?"

"I'll know when you come."

Such matters that require strict confidentiality can only be discussed in person.

"That's good. I'll call the association right away!"

LED Association, its main members are the manufacturers of this group of LED patent alliances. They nodded, and the association could only nod.

As a result, the news that the 1992 LED Annual Meeting continued to be held in Ice City once again shocked a lot of people.

———————

Building One in Bingcheng.

"Mayor Luo, this year's LED annual meeting has moved to Bingcheng again."

"Is it true? Didn't I say it last year, will it be held in New York this year?"

"It's probably because Xiaocheng refused to fly."

"Heh! It seems that Xiaocheng's illness is valuable!"

"Yes! After the conference last year, several foreign-related hotels made a profit!"

"Call them and get them ready."

———————

"Yongxing Technology" office.

"Mr. Li, it's not good, the price of sapphire has suddenly increased!"

The sapphire market, like futures, has attracted many market players.

"Why? Didn't the price of LED rise?"

"I heard it was because of the LED conference. Some sellers want to export sapphire directly to foreign investors!"

"Bah! This group of people eat things inside and out. This is not a traitor!"

"Mr. Li, many of our LEDs are also exported."

"Can this be the same? Do you still want to do it?"

———————

Beijing, Haidian District.

"Minister Gu, received the news that this year's LED annual meeting will be held in Ice City in two weeks."

"Huh? Impossible. I already told them last year, I said hello in advance if I have something to do."

"I heard that the matter was decided temporarily. Only two days have passed since it was decided."

"It seems that the LED industry in Bingcheng is getting worse! You can book a ticket for me."

———————

Beijing 10X Factory

"Director, the news is true. This year's LED annual meeting is indeed held in Bingcheng."

"Then why didn't anyone send us an invitation letter?"

"I don't know. Is their overall plan this year, they are not going to use our equipment?"

At last year's LED conference, the factory took a bunch of orders back, so that everyone really had a good year. These days, the factory's production capacity is slowly idled down, and I didn't expect the annual meeting to come again.

"It shouldn't be. No matter what, pack your bags and prepare to go to Ice City. When you get there, everything will be clear."

———————

Air China Office.

"This year's LED annual meeting is indeed held in Bingcheng."

"But why is there no one to charter the flight?" Rebirth of Northland Technology's latest chapter address: https://www.mtlnovel .com/book/128175.htmlRebirth of Beiguo Technology Full Text Reading Address: https://www.readwn.com /read/128175/Rebirth of Northland Technology txt download address: https://www.readwn.com/down/ 128175.htmlRebirth of Northland Technology Mobile Reading: https://m.readwn.com/read/128175/For the convenience of reading next time, you can click on the \"Collection\" below to record this time (Chapter 391 Conference (1 )) Read the record, you can see it next time you open the bookshelf! If you like "Rebirth of Northland Technology", please recommend this book to your friends (QQ, blog, WeChat, etc.), Thank you for your support! ! (www.readwn.com)