Chapter Fifty-Six: Bet It All!
The storm is back.
This authentic Beijing man, speaking fluently in Beijing films, his eyebrows fluttered, and he reported to Luo Jia on the recent war situation of the Ministry of Commerce.
When the team was in Thailand, Hong Tao and Di Wuchang stayed in Shanghai to be busy, which made Luo Jia feel very moved.
"What a hard work?" Hong Tao said disappreciably, "What I envy most in my life are those financial bigwigs in the movie, with a slight lift of his finger, hundreds of millions of dollars will go out." β
"Now I'm not bad, I slapped tens of millions of checks on the table of those grandchildren, almost staring out their eyeballs, it's so refreshing! If you let me go back to coding now, my grandson will do it. β
"I just love this job, waving checks every day, either buying this or merging that, and every night I wake up laughing even from dreaming!"
Li Moran frowned, "That's the company's money." β
"Yes, yes." Hong Tao shrunk his neck, "But it's really cool to engage in mergers and acquisitions, I had a dream of engaging in finance, but I accidentally became a programming dog, don't worry, I didn't waste a penny of the company." β
Luo Jia nodded, finance is also a kind of hegemony, why do countries around the world use US dollars for transactions? Why is the global economy in turmoil as soon as the Fed shrinks its balance sheet?
It is precisely because finance, a powerful nuclear weapon, is currently in the hands of the Americans.
In 1997, the Asian financial crisis, led by Soros's Quantum Fund, including Bridgewater Fund, Blackstone Fund, Castle Fund, Yuansheng Investment, Deshao Fund and so on.
In just one week, these Wall Street hedge fund predators gathered trillions of dollars and swept across Southeast Asia, all the way to South Korea and Hong Kong.
Few people know that Samsung is no longer a pure Korean company.
After the financial crisis of 97, South Korea's economy was dying, and South Korean companies led by Samsung sold a large part of their shares to Wall Street, which survived.
In July, the Big Four and Apple. When Samsung bombarded in the air, it was the Wall Street financial giants who stood up.
They launched a fierce attack on A-shares and Hong Kong stocks in the financial market, and of course, China's financial giants also killed the NASDAQ and directly shorted Apple's stock price.
And after a certain country in East Asia made a move, Wall Street giants strongly guarded the disk, desperately catching the stocks of Samsung and Apple, behind all this, is a financial war.
The mobile phone war launched by the Big Four is a frontal battlefield, and the battle in the financial market is even more tragic than the mobile phone market.
It's a pity that with Luo Jia's current strength, he can't afford to play such an expensive game, otherwise, he would also want to try to challenge the financial hegemony of the great powers, what is it like.
"Let's go to the conference room." Luo Jia stood up, put an end to his nonsense, and said to several veterans of the company.
......
In the newly renovated conference room, more than 30 people sat in the company's high-level and middle-level buildings.
They waited quietly for Luo Jia to speak.
The founder of Xingchen Technology is still very young, having just celebrated his nineteenth birthday.
When other 19-year-olds celebrate their birthdays, they always call their friends to celebrate, drink some wine, and sing songs.
On Luo Jia's birthday, he signed a strategic cooperation agreement with semiconductor giant SMIC.
"Do you know Paris syndrome?" Luo Jia suddenly said for no reason.
His words stunned everyone.
But everyone also thinks it's normal, because Luo Jia's thinking has always been very jumpy, and he often says something unexpected.
Luo Jia paused, "Paris syndrome was invented by neon people, in the eighties of the last century, neon people became rich and traveled to Paris one after another. β
"In their imagination, Paris is romantic and beautiful, but this is not the case, the Paris subway used to be free to urinate and defecate, there was a smell of urine, there were many liars and thieves on the street, and if you were not careful, you would be stopped and robbed."
"As a result, the neon people who came back from Paris felt nauseous, insomnia, and a serious sense of shame."
"To put it bluntly, it's just that the force is blowing too high, and there is a huge gap between reality and fantasy."
The colleagues laughed, although they didn't know why Luo Jia was talking about it, but at least it sounded quite funny.
"Let me tell you one more thing, in Africa, Senegal, Guinea-Bissau, Mali, CΓ΄te d'Ivoire, Burkina Faso, Togo, Benin, Niger, Chad, Central Africa, Cameroon, Congo, Gabon, Equatorial Guinea. β
"There are fourteen African countries in total, and the currency they use is called the franc."
"Who issues the CFA franc?"
"Bank of France."
"Fourteen countries, which bank does their foreign exchange reserves hold?"
"Bank of France."
The company's management was dumbfounded, and Hong Tao muttered, "And this?" Why should the French issue the currency of African countries? Isn't this the colonialism we learned when we were in school? β
Luo Jia smiled, "Yes, a large part of the high character of the French people is achieved by plundering a lot of economic benefits in Africa. β
"And the reason why I'm talking to you about this is because what the company has to do next is very dangerous, entrepreneurship is like climbing a mountain, the higher you climb, the bigger the wind and snow."
"As the company continues to grow, the next step is to start picking other people's bottoms, and if we pick other people's bottoms, others will be angry and angry, and they will retaliate against us."
"It's a preventive shot for everyone in advance, you have to have points in your heart, if somehow, there are beautiful women who throw hugs to you, or relatives who don't often meet each other, and suddenly start to ask for warmth, you have to use your brains to think clearly, why they do this, and what is the purpose behind it."
"Mr. Luo rest assured! Even if a woman throws herself into her arms, we will never give in! A straight man of steel with glasses said, he looked serious.
Luo Jia teased, "Actually, I think that if there is really a beautiful woman in her arms, she will sleep and sleep. β
Luo Jia's ridicule caused the audience to laugh, but suddenly, Luo Jia's expression became solemn, and everyone immediately put away their laughter.
"Look at the big screen." Luo Jia's voice began to accelerate, and said in an almost decisive tone: "Some colleagues may have guessed in advance, yes, next, we will go all out to enter the display industry!" β
"Laymen tend to think that an LCD is just a glass plate that emits light, but I want to tell you that this project was far more difficult than all the projects we had done before combined!"
"The LCD panel is composed of seven main parts, liquid crystal hybrid materials, driver ICs, backlight sheets, glass substrates, backlight modules, color filters, and targets."
"In terms of glass substrates, there are currently three major players in the world, Corning of the United States, Neon Xiao Xuzi and Electric Xuzi, and the three of them together occupy 90% of the global market share."
"At present, only Dongxu Optoelectronics and Rainbow Co., Ltd. have the ability to manufacture glass substrates, but unfortunately the technical content is low, and the output is far from being compared with the three giants in the substrate industry.
Luo Jia raised his head and said with an extremely serious expression: "Now you understand, the difficulty of the LCD panel project is unique, even if we bet all our existing funds and teams on the table, we may not be able to win." β
"In the important raw material of glass substrate, no domestic supplier can help us, so we can only rely on ourselves."
"And this is just the first major component in the manufacture of LCD screens."
Luo Jia paused, "Next is polarizers, the three giants of global polarizers, which are also overseas companies, namely Neon Nitto, Sumitomo Chemical, and South Korea's LG Chem. β
"China's largest polarizer manufacturer is Shenzhen Sanlipu, ranking ninth in the world, and there are two others, namely Shengbo Optoelectronics, and a joint venture between Dongxu Optoelectronics and Sumitomo Chemical."
"In the field of polarizers, we can't count on the help of domestic allies, and we can only fight alone!"
Luo Jia's speed of speech became faster and faster, and one survey data after another appeared on the big screen in the conference room, making everyone in the company stupid.
No one knows when Luo Jia began to plan to enter the display field.
No one knows when he did such exhaustive market research.
He's amazing!
With a good understanding of the data, the size and technical level of the competitors are clearly presented to everyone.
All felt their breathing getting heavier and their hearts beating faster.
It's too hard, isn't it?
Sure enough, the display screen is created casually, and it is just the content that exists in fantasy novels.
In reality, if you really want to create this thing, you need to invest in several large-scale factories in one go to open up the whole industrial chain from upstream to downstream!
OMG...
Everyone slowly opened their mouths wide and looked at Lu Tao, the financial director.
Looking at the road, you can always look at the embarrassment and solemn expression, and the finance department is probably already stretched.
Luo Jia staked the entire company this time!