Reborn Entrepreneurial Giant

"Warmly welcome Mr. Qu Li, Chairman of Glory Company, and Lei Jun, CEO."

Banners were hung at the gate of BOE's factory. Director Wang and other BOE executives welcomed Qu Li and Lei Jun at the gate.

Originally, the cooperation between the two companies was quiet, and there was no news from the outside world at all, but this time Qu Li visited BOE and arranged several media colleagues. All kinds of news quickly spread in the country.

Qu Li learned about the development of BOE, and their LCD panels are still difficult to meet the needs of Honor, especially AMOLED, the gap cannot be made up in a day or two.

Technical problems are difficult to solve, but problems that can be solved by money are not big problems. If the core key Canon Tokki evaporation machine skills do not have production capacity, then help him expand production capacity; if you are worried that the expanded production capacity will not be sold, then sign a long-term purchase contract. Honor came forward to guarantee the purchase of two vapor deposition machines per year, but asked Canon Tokki to leave space for the production capacity to five.

The specific details of the contract are very complicated, including the requirements of various technical details, such as the performance of their evaporation machine can not be worse than that of Samsung.

Although Glory has been established for a short time, it has been fighting tough battles in the past few years. In order to improve its delivery capabilities, it has traveled all over Europe, America, Japan, and South Korea. With its wealth and wealth, it has used various means to ensure its delivery capabilities. During this process, it has fought against Apple several times. , can not fall behind. Although Itochu and Canon are not in the same consortium, the reputation established through years of cooperation is enough to facilitate their cooperation.

"Diamond arrangement" and "Canon Tokki evaporation machine" basically guarantee that BOE can make a difference in the field of AMOLED, but what about TFT screens? The progress of Samsung Display is very obvious, so Apple purchases Samsung and LG displays at the same time.

The largest supplier of Honor screens is Samsung Display, but at the same time it purchased Sharp. This year, it planned to purchase JDI screens in small batches. This company was formed by the merger of Sony, Toshiba, Hitachi, and Panasonic last year, but now it has changed its mind.

Samsung has shown that the price increase for major customers like Honor is likely to gain more initiative. Unfortunately, before the monopoly of AMOLED supply, Honor and Apple have too many substitutes.

It's not that BOE can't make screens as good as Samsung and Sharp, the key is the yield rate or cost control. Honor can pay in advance, but it will not "help the poor". The purchase of BOE's high-quality screens at high prices can only be done in small batches.

Having known Qu Li for several years, Factory Manager Wang went from skeptical to dubious, and now, seeing Qu Li's courage once again, watching Glory and his party leave, Factory Manager Wang said:

"Qu Tianming is truly a genius."

"Didn't you be..." A subordinate joked that he was also shocked

"People like him don't deserve to be the richest man in the Chinese community, so no one is qualified..."

The BOE executives were slandering each other, and Director Wang must have lost his head because of the money.

It turned out that during Qu Li's visit, not only did he send out a procurement contract, but also a large amount of financial support for investment in factory construction and equipment procurement, totaling more than 3 billion. And there are various financial supports, such as low-interest loans for building factories in Xingsha.

Qu Li had received verbal authorization from the governor of Hunan Province under some conditions, and could make decisions for the governor within a certain range. It can only be said that Qu Li, a stunned young man, has no sense of proportion and no sense of boundaries. Dare to think, dare to say, dare to do anything. Now it's fine, but in the future, it will be another crime for him.

In addition to the 3 billion that Honor paid, there is also the purchase fund for evaporation machines. Honor and Canon have signed an agreement to purchase two machines each year for five consecutive years, about US$1 billion. Including the investment in the previous cooperation, the total is more than 10 billion software. Sister coins.

This is for the media to hear. After all, BOE pays for the purchase of the vapor deposition machine itself. Glory is just a guarantee. Even if BOE doesn’t want it, it can be sold to others. However, the BOE AMOLED factory and company, Honor has shares, and the cooperation between them is criss-cross and very complicated.

The meeting ended, which caused a lot of discussion, including the rise of BOE’s stock price. However, the two parties did not announce the news and continued to discuss details, such as the purchase of display screens, and the purchase of Jumei’s “Ming” brand will be included in the Honor system.

A few days later, Glory and BOE held a press conference, announcing the cooperation of tens of billions of soft sister coins, and held a formal signing ceremony.

"Honor invests tens of billions of soft sister coins in BOE to promote the development of domestic display screens."

This sensation spread all over the domestic Internet in an instant, and appeared in the central news, evening newspapers, portal websites, Weibo...

Everyone knows that Honor has been supporting the industry chain from the very beginning, spending money to buy equipment to improve the production capacity of suppliers, but most of them have not made it public, and not only domestic companies, but also many companies in Europe, America, Japan and South Korea have benefited.

Now this time, the cooperation between Glory and BOE can be said to be unprecedented. The Huxiang Xingsha leaders who came in a hurry were intimidated, and the leaders of Beijin just got the news. The Ministry of Industry and Speech and other major departments have started discussions on this.

"Qu Li Qu Tianming is out of his mind, right?"

"Glory has such a person in charge, it's really sad, it's too narrow..."

"BOE got lucky"

"Don't the shareholders of Glory object?"

It doesn't matter if you don't understand, you can refer to Apple's practice. They have supported JDI, a Japanese company, for many years, and invested 1.7 billion US dollars and about 11 billion soft sister coins. Looking at it this way, Qu Tianming's actions are not so conspicuous and reasonable, right?

Qu Li was approached by many people to ask about the authenticity of this cooperation. From central and local leaders to entrepreneurs, including the boatman brother, they were all envious and jealous. BOE was out of luck: "When is BYD Electronics' turn?"

Different people reacted differently to this news. Most people had the mentality of eating melons. Some experts and scholars discussed the significance of Glory to domestic enterprises.

However, Lee Jae-yong, the crown prince of Samsung, and the person in charge of Samsung Display rushed to Beijin soon.

No doubt, this is aimed at them, and Samsung obviously knows it.

As I said a long time ago, Samsung Display has limited production capacity, and it is not enough for Honor to buy itself. If Samsung mobile phones sell well, they even dare to cut off the supply. But Samsung's smartphones have been beaten by Honor all the way, and sales can't increase.

Besides, at the beginning, Honor was restricted from purchasing Super AMOLED. Until now, Qu Li would rather abandon the magic series of mobile phones than restart the OLED screen mobile phone. Although there are reasons for the congenital defects of OLED screens, outsiders have to think about it.

Some American media commented that Samsung’s cut-off of OLED screens caused him to lose two important customers: Apple saw that Honor was so miserable, and it became more wary of Samsung Display.

"I hope the two sides can resolve the misunderstanding!" Lee Jae-yong

"Of course, Samsung is an important partner of Honor..." Qu Li sat down calmly