"Seven million tablets? That's impossible! Wang Zhongyang didn't think about it, and directly vetoed Xuan Changsheng's suggestion.

"BOE's design capacity is only 1.5 million pieces per year. Seven million pieces, unless the production capacity is quadrupled, at least three more Generation 4.5 lines will be put into operation, or one more Generation 5 line will be added. The former approach would require an additional $1.5 billion. The latter option would require at least $1.3 billion. With this money, does Mr. Xuan think BOE will still sit here? ”

Whether it is 1.5 billion US dollars or 1.3 billion US dollars, BOE, which has sold a TFT-LCD LCD panel production line, is no longer able to continue to increase investment. It is now this 4.5 generation production line, with a total investment of 500 million US dollars, the imperial government has increased its investment by nearly 30 billion yuan, and BOE's employees and social investors have worked hard to raise 500 million yuan, but not a penny of foreign exchange has been paid.

All imported equipment and high-tech production equipment are from the hands of Pan Han Group. 150 million US dollars of foreign exchange, equipment sold at cost price, this is the total cost of the project to control.

Again, it is still to quadruple the production capacity, which is completely beyond the profit range of BOE.

"Then there's no way." Xuan Changsheng sighed in disappointment and said, "Brother Wang, let me tell you the truth, the condition given by Sharp is 35 US dollars, and the supply of six million tablets a year is given. Although I am the chairman of TPV, I can't be too deliberately biased in favor of BOE, otherwise the shareholders will unite to rebel against me! Brother, please understand my brother's suffering......"

Xuan Changsheng opened his mouth and increased the supply promised by Sharp by one million. It can be seen that what he said is basically similar to venting exhaust gas, and it is simply mercenary. Take the price of Sharp to suppress BOE. If Wang Zhongyang opened his mouth before, he would have pushed the price to $33. Maybe turn around. Xuan Changsheng is going to find Yuan Pingzhu to reduce the price again.

"Mr. Xuan, since you said so, then I won't hide it." Wang Zhongyang didn't show any embarrassment on his face, and said frankly: "To tell the truth, our State Planning Commission intends to promote the merger of BOE and Changhong and TCL, and then vigorously promote the market of LCD color TV to replace CRT color TV......

He leaned forward and said aggressively: "To be honest, I came to Taipei this time. It's all or nothing. Although BOE has invested a lot, but the level, scale, and the country's voice in the enterprise are not as good as TCL and Changhong, after the merger, I am afraid that the general manager will be dangerous. If we can win a large order from TPV, then we BOE can still have hope of maintaining independence. If there is no TPV order, I think TPV and BOE will be friends and enemies in the future. ”

The reason is clear, if TCL, Changhong and BOE really merged, then this group will include the entire upstream and downstream of the audio-visual industry. From raw material supply to LCD panels, from display assembly to business channels and after-sales maintenance and other marketing systems. The whole controls the domestic market in China. In the shadow of such a behemoth, it will only be a matter of time before the Chinese mainland market is monopolized.

Xuan Changsheng did not doubt the authenticity of this news at all, a key enterprise like BOE, according to the temperament of the mainland, would have wanted to hold it in his own hands. Put the advantageous shares in the hands of a private company like the Pan Han Group. Not the character of the other side of the strait.

Xuan Changsheng prides himself on knowing the other side, and his entire childhood was spent there, when the country was at its craziest. Xuan Changsheng's father fled to Taiwan with the national army in his early years. Bay. But he threw himself on the mainland. Later, Xuan Changsheng was first sent to an orphanage, and then after his identity was found out. He was sent to Qinghai to serve his sentence. After the turmoil ended, he barely lived a good life for a few years. It was not until he returned to his father in '81 that he later inherited the chairmanship of TPV.

Under such an experience, Xuan Changsheng's feelings for the mainland are extremely complicated. On the one hand, they covet the mainland market, and on the other hand, they are also worried about the direction of the mainland's policy. In his memory, it was not surprising that the other side of the strait would do such a thing.

But just think about the annual sales volume of 35 million color TVs in the mainland,Once LCD TVs replace the status of CRT color TVs in Chinese mainland......

At the thought of what kind of energy this would burst out, Xuan Changsheng felt shudder! Perhaps it will take four or five years to unify the mainland market and promote liquid crystal display technology. Once this plan is successful, it will basically announce the end of the world's display industry.

By 2003 or 2005, the time was ripe for the promotion of liquid crystal technology. Xuan Changsheng himself knows that making computer monitors is only a relatively small application of liquid crystal technology. And the greater benefit is to develop in the direction of home audio-visual audio-visual. Only by occupying the living room of the family can it be regarded as truly occupying the biggest piece of cake in the LCD market.

When the time comes, we will really have to face such a group dominated by the mainland government, which is terrible, really terrible!

No wonder this Wang Zhongyang is so fearless, it turns out that he has already had a way out. It's a big deal that he won't do it as the general manager of BOE, and he will go to the new group to be a vice president, and there may not be no further opportunities in the future. Of course, it is good for BOE to be the king of his own family, and it is not necessarily a chore to go to the new group as a deputy.

But what does TPV do? Let BOE fall into the arms of this new group? That's digging a grave for yourself. Give the order to BOE? And what about Sharp? What's more, the profits in hand flew away, and I was not reconciled!

Xuan Changsheng was in a dilemma and asked, "Mr. Wang, is there no other way?" ”

"How? Yes. Wang Zhongyang nodded happily.

"Uh-"

Xuan Changsheng almost fainted out of breath, thinking that you already had a belly case, don't say it earlier! I have to say it separately, sincerity makes me anxious, who is this!

"Mr. Wang, I don't know if you have any good ideas?" There is no way, since Wang Zhongyang lacks a teaser, Xuan Changsheng has no choice but to wronged himself and be a teaser himself.

"Cross-shareholding." Wang Zhongyang said: "BOE and TPV cross-sharehold, and then borrowed $800 million from TPV with the TPV shares held by BOE, as well as the patents of IPS screens and high-voltage driver ICs. BOE raised the remaining 500 million US dollars and will build a fifth-generation production line within this year. Secure the supply of no less than six million LCD panels to TPV by July next year at a price of $38. ”

Wang Zhongyang swished a lot, and Xuan Changsheng knew that this was the plan he had thought of a long time ago.

What seems to be redundant cross-holdings is actually the focus of breaking the current deadlock. One of TPV's major advantages is his Taiwanese status. If BOE does not have a cross-shareholding with TPV, then it may still be pushed by the top management and merge into the new group. And if there is a share of TPV in BOE's shares, then anyone who wants to move BOE will have to think twice.

It is also more convenient and appropriate to use TPV's cross-shareholding to BOE to make a mortgage loan with TPV than to directly use BOE shares. Those on the board of directors are even less likely to let go of the possibility of "buyback" TPV shares.

The TPV shares in the hands of BOE, plus the two patents of IPS screen and high-voltage driver IC, have a mortgage of 800 million US dollars, which is not a high price. How much are these two patents worth? There are definitely 500 million. Ask Sharp if he is willing to pay 500 million yuan to buy this patent, and the punitive damages that the infringement lawsuit of 5 million new technology LCD panels needs to face is probably not less than this number.

If the patent royalty is paid, this is only the authorization of 50 million LCD panels. Is that a lot of numbers? Not much at all. In 1997, the power of LCD technology has not been released, the market has not been opened, the technology has not been promoted, and the production capacity has not been expanded. Five million pieces may have been a lot in 1997, but five years later, 50 million pieces will be just a year's assembly capacity for TPV.

The 4.5 generation line of LCD can produce 4 15-inch LCD panels at a time, but the LCD panel area of the 5th generation line has risen to 6 32 inches, and a 5th generation line can top 4 4.5 generation lines more.

This terrifying ability to increase production capacity will lead to the price of LCD panels getting lower and lower, even lower than the same size of CRT display technology. Moreover, the advantage of liquid crystal display is in the larger size, the larger the size, the higher the competitiveness of liquid crystal.

In five years, maybe 50 million pieces will be used, and 30 million pieces of large-size screens may have 500 million dollars in royalties. With this technology in hand, no one will want to sell it.

It's worth the business, it's worth it!

The money obtained by BOE can be used to continue the construction of the new 5th generation line. With the experience of the first production line, half a year is enough time to complete the construction. When the world's first fifth-generation line is put into production, let alone five million, six million, seven million pieces. Its production capacity can at least exceed 10 million pieces. If you want to meet TPV's current LCD needs, you can fully achieve it.

This seems to be the only way to do it at the moment?

In Xuan Changsheng's mind, he had completely forgotten about jì and Sharp.

It's just that a new question suddenly rises in his mind.

Behind BOE is the Panhan Group, and the information of the Panhan Group is clear in his heart. Is Zhou Shuo short of money? Just look at the stock index of the NASDAQ in the United States, how is it possible!

How much money does Shuo Zhou have in the United States? Three billion? Four billion? Or five billion? No one knows this exact number. But what is certain is that Pan Han Group is by no means short of money.

In that case, why give TPV this opportunity? Zhou Shuo can invest money in BOE through the investment company in the United States!

Unless, his money has been used for something else? (To be continued......)