Reborn 80s

Chapter 895 Panel prices rise
At this time, the top three have formed in the global panel market!

Although Neon has been very embarrassed by price wars in recent years, its strength is still there.After all, a skinny camel is bigger than a horse, and besides, he’s not dead yet!

South Korea has made a strong start, but now only Samsung is persisting, and other companies have withdrawn from the panel market.

China, represented by Jingfang Company, has become a decisive force in the global panel market.

Global panel prices are still low now, which is directly related to Jingfang Company.

Chen Huaiqing's eyes rested on the production line. Jingfang's production line was as advanced as any other panel company.

It took more than ten years of persistence in technology to achieve today's situation.

"In China, there is a very bad characteristic of enterprise competition, that is, they want to beat each other to death and then monopolize the market themselves."

Chen Huaiqing: "There is no way to monopolize the market! When others see that this industry is making money, they will continue to enter. Then, another group of competitors will appear."

As long as there is an industry that is profitable, there will be a steady stream of competitors.

Companies that were successful in the previous generation may be replaced by new companies in this generation.

So repeatedly!
"The competitor who will never be beaten!"

"So rather than competing with others, market competition is better said to be competing with yourself!"

"As long as you keep yourself strong, that's the most fundamental thing. No matter what happens, there is room for movement."

Different responses will be adopted based on specific analysis of specific situations!

Chen Huaiqing looked at Wang Dongsheng: "Mr. Wang, I guess you already have a plan to deal with it, right?"

Wang Dongsheng: "Dr. Chen, we have also discussed the price of the panel. Previously, Xingsan sent someone over and contacted us."

"In the current market, the demand for panels is increasing day by day and is quite strong. If the current panel prices are maintained, other companies will make money."

The demand for panels has been growing over the years, and the growth rate is quite fast.

Computers and mobile phones, it goes without saying.

The speed of updating is so fast!

Many people are willing to spend money to update.

Chen Huaiqing knew that Chenxing Computer and Tianyuan Electronics had made quite good profits in recent years.

Domestic TV companies have also benefited from the low price of panels.

In the previous life, because there was no domestic panel industry during this period, panels had to be imported.

In the production of TVs, panel costs account for 2/3 of the total cost of TVs.

It's simply outrageous.

But now, the situation is very different.

Chen Huaiqing: "Raise panel prices! Low prices are not suitable for the development of the panel industry."

The next five years will be a golden era for the panel industry.

Mainly benefiting from the rapid growth of the global economy.

In the years before the subprime mortgage crisis broke out, global GDP maintained rapid growth.

In 2001, global GDP was US$33 trillion, and by 2008, global GDP reached US$64 billion.

In just a few years, it has almost doubled.

Such rapid growth has naturally resulted in a surge in demand for goods in the past few years.

Various commodities, from bulk commodities such as minerals to daily consumer goods, as well as various electronic products.

If you have money in your pocket, you will naturally continue to spend.

It’s easy to make money, and you won’t be stingy about spending money.

When making money becomes difficult, spending money becomes difficult.

A birthday banquet is being held at the Shengshi Hotel in Beijing.

Shengshi Hotel is currently focusing on banquets. As a garden hotel in the urban area, hosting banquets is a very stylish thing.

It feels like a banquet hosted by a wealthy family in ancient times.Shengshi Hotel is quite good in terms of profitability.The financial reports released every year are quite good-looking.

Shengshi Hotel is also a listed company and has just entered the main board this year.

Now Shengshi Hotel has entered a period of stable development and is no longer planning to open new stores.

The birthday boy is chatting with the guests. It is a rare lively day.

There are many old friends I haven’t seen for a while, and I’m particularly happy to see them today.

In fact, some people still didn’t deal with them in the past.

Now I'm open to it.

We are all old and retired, so why are we still fighting?

"Oh, old man, what a life, why did I recruit you?"

Chen Huaiqing said with a smile: "I happen to be in the capital. I heard that you are planning to do something big, so why don't I come to support you!"

"You kid! You are very low-key now. I can't even see news about you on TV."

Chen Huaiqing: "When did I not keep a low profile!"

While talking, Chen Huaiqing greeted and shook hands with several old men beside him.

They are all old acquaintances, and we had many contacts in the past.

This group of people gave Chen Huaiqing a lot of support back then.

Of course, the support given to Chen Huaiqing now has never been much.

Chen Huaiqing did not ask for a lot of support, but gave it to him.

As an enterprise, we definitely need support, but we cannot lose our enterprising spirit just because we have support.

Many domestic companies are like this. They have great support, but they just can't push it.

It feels like there are roots under my butt, but it won't move.

Why?

Accustomed to needing support, I have lost the ability to walk independently.

At the banquet, there were not only retired old men, but also many people in office.

These people originally planned to simply excuse themselves after completing the simple courtesy, saying they were busy with work, and leave directly.

But seeing Chen Huaiqing coming, it was natural that he couldn't leave.

Chen Huaiqing usually pursues a low-key strategy.

Now Chen Huaiqing can't be seen on TV at all. Only when the conference is held, Chen Huaiqing can be seen sitting there.

However, the lens is very sweeping, and those who know Chen Huaiqing will naturally recognize it. Those who don't know Chen Huaiqing will not know who this is.

Chen Huaiqing keeps a low profile, but reports related to Chen Huaiqing are always indispensable.

For example, news about Murtagh Group, Mido Investments and pension fund companies has never left TV.

It's just that if we report on the company's actions now, there will be no scenes of Chen Huaiqing.

The host arranged for Chen Huaiqing and a group of leaders on duty to sit at the main table. Of course, the birthday boy was also there.

The table is big enough to seat more than a dozen people without any problem.

Nowadays, banquets are held around this round table with a turntable on it.

Everyone sat together and soon started chatting.

The recent economic situation is naturally a focus of discussion.

The economic situation this year is quite good, and exports have surged.

As for domestic inflation, the inflation rate has dropped, and prices have remained very stable in the past few years.

(End of this chapter)