Chapter 12 Heading to Hui Province (Ch 824157801)

After signing the relevant contracts with the Blue and Green factories, Chen Tong took Tian Hongbo on a plane back to Xingcheng, Hu Province.
This negotiation and cooperation has established the company’s development path for the next few years.
In the next few years, the blue and green factories will gradually become the real leaders in the industry. After Huateng Microelectronics binds with each other, it will also be able to have a stable sales channel.
This is a solid guarantee for the company’s future development.
Now Chen Tong has two things to do.
The first thing is to apply for approval of a piece of land and start formally expanding the factory.
After all, contracts have been signed with the blue and green factories. If the factory construction cannot be completed within the contract period, the penalty for breach of contract will not be something Chen Tong can afford.
This matter is crucial to the company’s development. Chen Tong handed over all matters such as the company’s application for land purchase to Tian Hongbo.
Chen Tong is very confident that the company can purchase the land and obtain approval.
Star City in Lake Province has been continuously developing and wants to become a leading metropolis in the entire central region of China.
In the entire central region, the only city that can compete with Xingcheng in Hubei Province is Jiangcheng in Hubei Province.
Of course, the overall economic level of Xingcheng in Hubei Province cannot compare with Jiangcheng in Hubei Province.
For this reason, Xingcheng, Hu Province hopes that more enterprises will emerge and drive the economic development of the entire region.
As an emerging screen panel technology company, Huateng Microelectronics possesses the technical strength and economic prospects that are most needed for the development of Star City.
In addition, Jiangcheng, Hubei Province, has recently introduced LCT Xinghua to build a factory. Xingcheng, Hubei Province, has seen that its competitors have started to have screen factories, and will inevitably support Huateng Microelectronics for the economic development of the entire region.
And it would be most appropriate to let Tian Hongbo do this task.
As for what Chen Tong needs to do next, he needs to go to Huazhong University of Science and Technology with Liu Renxin to conduct relevant talent recruitment.
The company’s development has now reached a bottleneck where it is unable to move forward.
Although the company can expand in scale, it still needs to make some breakthroughs and innovations on the technical level.
After all, the development speed of various screen panel manufacturers has been very rapid in recent years, especially Dongfang and LCT Xinghua.
As a domestic screen manufacturer, Dongfang’s rapid development is not only due to its strong scientific research capabilities, but also has the support of many technology supply chains behind it.
It is also because of this that in the next few years, Dongfang was able to gradually become a leader in the industry and took the lead in developing the first domestically produced OLED screen.
As for LCT Xinghua, as a joint venture product factory, it has the powerful Sanxin as the support for its screen technology.
This also made LCT Xinghua an early domestic screen manufacturer that could compete with Oriental.
Although in the later period, LCT Xinghua began to gradually move away from the support of Sanxin’s technology patents and move towards independent research and development.
But it must be said that in the early stages of its development, the technology licensed by Sanxin did pave the way for its development.
Currently, Huateng Microelectronics is just a medium-sized screen manufacturer in terms of production capacity.
Even though we will build a joint venture with the blue and green factories in the future, we still need to rely on ourselves for technical development.
Only by continuously improving the technical level of our company can we gradually gain a foothold in the subsequent competition among screen panel manufacturers.
Chen Tong is very clear about the future development of the entire screen panel industry.
In the three years of 2015, 2016 and even 2017, LCD screens are still the mainstream in the industry and have a broad market.
But after 18 years, the entire screen field will undergo earth-shaking changes.
Basically, the screens used in high-end models priced above 3,000 yuan are OLED screens, and even most cost-effective models priced above 2,000 yuan also use OLED screens.
As for LCD screens, they can basically only survive at a price below 3,000 yuan.
By 2019, the survival space of LCD screens has further decreased, and some manufacturers have even used OLED screens in models priced below 2,000 yuan.
As for after 2020, OLED screens will gradually replace LCD screens, and LCD screens will even only be used in thousand-yuan or even hundred-yuan entry-level phones.
Chen Tong naturally knew that although the current company had an absolute advantage among domestic screen panel manufacturers, it would need to undergo transformation within the next two years.
The development of LCD screens is almost coming to an end. According to the needs of users and the market, OLED screens will be the mainstream of the development of the entire screen industry in the future.
As for whether LCD has a chance to turn things around, Chen Tong’s answer is both affirmative and negative.
Among the technology lines that Chen Tong has experienced, subsequent LCD screens have produced top-notch LCD mini screens.
This type of screen is gradually beginning to compete with OLED screens in terms of overall durability and screen color contrast.
But the only drawback is its high cost.
The high cost also leads to high selling price, and ultimately, there are very few products willing to use this type of screen.
At the same time, manufacturers also like the “short life” characteristic of OLED screens.
That’s right, OLED screens are far inferior to LCD screens in terms of lifespan.
OLED screens will have a series of problems such as screen burn-in and image see-through. Although LCD screens will also have aging problems, the aging level is far less than that of OLED screens.
Subsequently, the product development of the entire industry gradually fell into the dilemma of updating and iteration without innovation, and the short life of hardware was gradually recognized by many manufacturers.
The short lifespan makes it difficult for stubborn customers to emerge, and users also have the need to replace products.
In order to make a breakthrough in his company’s product technology as soon as possible, Chen Tong planned to take a few days off and then follow Liu Renxin to Huazhong University of Science and Technology.
Try to find more talents to join your company through the relationship with mentor Liu Renxin.
[Congratulations on getting 1 billion gold coins!]
[Congratulations on getting 1 billion gold coins!]
A few days later, Chen Tong quickly received payments from the blue and green factories.
The huge sum of 2 billion is indeed scary for Chen Tong.
Chen Tong, who had always been diligent in his previous life, had never seen so much money.
The 2 billion is not only needed to purchase the land, but also to build the factory.
However, with 2 billion as the basis for the future development of the company, Chen Tong felt that he had lived a pretty good life.
Five days after returning to Xingcheng, Hu Province, Chen Tong took Liu Renxin on a plane to Hui Province.
Although the name of Huaguo University of Science and Technology contains the word “Huaguo”, Huaguo University of Science and Technology is not located in Kyoto, but in the capital of Huizhou Province close to the coastal area.