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Chapter 407 Xingyi Screen Research Institute, Xiaomi builds new phones!

"Yes, Director Wang intends to invest in BOE and become the largest shareholder, but he only needs three board seats. What do you think?"
"The largest shareholder, three board seats... this..."
For a moment, everyone hesitated.
They welcome Wang Yi's investment. The investment is large and the largest shareholder is normal.
But three board seats means that their voice has been weakened!
This is not a good thing.
A major shareholder couldn't help but said: "Of course we welcome Director Wang's investment, but can we give him one less director seat?"
"Yes, we only have one seat for each major shareholder. Director Wang has invested a lot, so it is enough to give him two seats."
Hearing this, Wang Sheng smiled: "Everyone, do you think BOE has the qualifications to bargain with Director Wang?"
"This..." Everyone was silent.
Wang Sheng continued: "Whenever we hesitate and Director Wang leaves BOE, companies such as Visionox next door will immediately welcome him with both hands. Not to mention three seats, even four seats, they are willing to give it! I beg Director Wang to accept it!"
"
Hearing this, other people spoke one after another:
"Yes, without Director Wang's investment, BOE is struggling. But without BOE, Director Wang still has many choices."
"And Director Wang is not just investing. Once he becomes BOE's major shareholder, he will at least purchase a lot of screens, right?"
Wang Sheng nodded: "Yes, Director Wang is planning to launch a new brand of unbounded mobile phones, and the first batch of purchases will be 10 million mobile phone screens!"
"What! Ten million pieces!" Everyone was shocked.
Shareholders who want to continue to oppose should immediately shut up.
At this time, if he says anything more, he is ignorant!
Wang Sheng continued: "If the cooperation goes smoothly, we will continue to place tens of millions of additional orders next year."
"this……"
Everyone in the room was silent.
Big deal!
A terrifying act!
Then they all said, "Isn't it just three board seats? I have no objection."
"Yes, give it, must give it!"
"Don't raise the financing price too high, have a long-term vision, and don't scare away Director Wang."
"It makes sense. We must stabilize Mr. Wang and keep Mr. Wang."
Seeing everyone's twists and turns in their attitudes, Wang Sheng smiled without saying a word and continued:
"Of course, Director Wang also made ugly remarks in front of us. This year's BOE flagship LCD screen is barely qualified, so this cooperation can be achieved. If there are not enough technological breakthroughs next year, it will be difficult to cooperate with the next generation of unbounded mobile phones."
Everyone changed their expressions, but they also completely understood what Wang Sheng meant, or what Wang Yi meant!
"This is easy to say. Put the research and development of LCD mobile phone screens as the first strategic core. We must also win orders for the next generation of unbounded mobile phones!"
"Yes, immediately mobilize R&D elites to make a comprehensive breakthrough in the research and development of LCD mobile phone screens and catch up with Samsung and Sharp!"
"As for OLED, something that won't become popular in five years should be given up long ago. Fix LCD first and stabilize the basic market in the past few years."
"It makes sense. Vice President Qian's ideas are too radical. If we bet on OLED, if it doesn't work out, BOE will be doomed. LCD is still reliable."
"Vice President Qian has a technical background and can engage in research and development, but in terms of strategic capabilities, it is difficult."
"He is suitable to be a CTO, not a vice president."
"By the way, doesn't Director Wang want three seats? If Vice President Qian has one vacant seat, wouldn't it be enough?"
"Damn it, your idea... really works!"
"I also agree. Since Vice President Qian's OLED path is wrong, it is not good to continue to stay on the board of directors. If he sincerely causes trouble for us, then..."
"Ahem, you must not have the intention of harming others, and you must have the intention of guarding against others. Now that we have broken up, it is not time to break up."

Looking at these people, Wang Sheng had a complicated expression.
He didn't even think about ousting Vice President Qian, but the board of directors directly arranged it.
What is even more surprising is that the person who first proposed and agreed to this matter was a supporter of Vice President Qian.
Just before, those who had strongly supported Vice President Qian.
But now, they all turned against him and actively proposed to kick Qian Fenglin out.
The reason is that when Wang Yi entered the game, Wang Sheng gained support and Qian Fenglin lost power, so he simply kicked Qian Fenglin out and used it as a vote of approval to please Wang Sheng!
It can only be said that the workplace is so cruel.
The so-called shareholders and allies are just here for money and leave for profit.
When there are common interests, everyone is an ally. If the common interests are lost, they will immediately sacrifice each other to fulfill themselves.
In this regard, Wang Sheng did not express his position and just watched their performance quietly.
In the end, Wang Yi’s investment was successfully approved.
Vice President Qian Fenglin was also kicked out.
After hearing the news, Qian Fenglin was still thinking about how to turn the situation around, and he felt numb.
Not only was the situation unable to be reversed, but he even lost his seat on the board of directors and the vice president could no longer sit still!
Although I still have some shares in my hand, what is the use of those shares without the position of vice president?
Once Wang Yi invests, his shares will continue to be diluted.
If that's the case, isn't it all over?
On the other hand, the situation is very good.
Wang Sheng came to Wang Yi with a smile: "Dr. Wang, everything has been negotiated. Except for a few small shareholders, all other shareholders on the board of directors warmly welcome you to join! As for the shares, the current market price is 1.1 yuan, and we are prepared to offer a preferential price of 1.05 yuan.
, I can give you as much private placement as you want!"
BOE is currently very short of money, so it naturally has to increase capital through private placement.
Wang Yi said calmly: "1.05 doesn't go well, so let's give it 1 yuan and I'll put in 30!"
"3 billion?" Wang Sheng's eyes lit up.
Although the price of one yuan is a little lower, the scale of 3 billion is a good rain for BOE today!
"right!"
"Okay, Director Wang, this is not a problem. I will do the ideological work on the board of directors' side!"
With that said, Wang Sheng left quickly, and a room full of directors was waiting for him.
Without any surprise, the price was unanimously approved.
First, 3 billion is enough.
Secondly, Wang Yi brings not only funds, but also billions of orders a year, which money can't buy!
The next day, the board of directors met again, but this time, Wang Yi also joined.
In the end, BOE issued 3 billion additional BOE shares to Xingyi Technology at a price of 1 yuan per share, with a total price of 3 billion, accounting for 12.5% ​​of the shares, and became BOE's largest shareholder.
With this capital, BOE can develop even better.
Subsequently, the two parties signed a new order, and Wujie Mobile will purchase 10 million 4.3-inch LCD mobile phone screens from BOE.
But the purchase price is low again, only 85!
First, it is 4.3 inches, which is a bit cheaper.
If it is 4.7 inches, it will cost 90 yuan anyway.
Secondly, now that Wang Yi has become BOE’s largest shareholder, his family’s orders will naturally be much more favorable.
Wang Shengsuan understood that for a 10 million order, all costs including material costs + taxes could be reduced from the previous 95 to 82!
Selling Wang Yi 85, you only earn 3 yuan per piece, but 10 million pieces is a profit of 30 million yuan!
More importantly, this screen will also be sold to other customers. It originally cost 120+, but now that the cost is low, the price can be reduced to 120, or even 115, and still make a lot of money.
The Wujie mobile phone is mainly priced at a thousand yuan, and the 4.3-inch screen is enough.
The mainstream screen next year will be 4.3 inches, and only Plus will have 4.7 or even 5.0.
The first generation of Unbounded mobile phones starts at 4.3 inches, and a plus version will be released in the future.
These 10 million orders will be delivered in two batches in early November and early December.
Unbounded mobile phone will be released on New Year’s Day, and Wang Yi is preparing to have 5 million units in stock.
Coupled with the current surge in mobile phone factory production capacity, it will not be a problem to deliver 10 million units in the first month of launch.
In recent years, smart phones have just begun to develop. When you walk on the street and look up, most people are using feature phones, Nokia.
Only a few people are using smartphones such as Xingyi mobile phone and iPhone 4s.
Even if Samsung ships hundreds of millions a year, it only has a fraction of its smartphones, and the rest are feature phones.
It can be said that the world is still dominated by feature phones.
It is also the stage when the demand for smartphones is strongest.
It’s just that the price is so expensive that everyone can’t afford to use it or replace it.
But once the 999 Unbounded quad-core smartphone was released, it was cheaper than many feature phones, and even cheaper than copycat phones, so it was completely affordable.
These days, Nokia Symbian costs more than 1,000, and Lumia systems start at 3,000 to 4,000.
Samsung's feature phone costs more than a thousand dollars, which is more expensive than the Unbounded smartphone, but it still sells well.
It is conceivable that once the 999 Unbounded mobile phone is launched, it will definitely be a hit!
Coupled with the tens of thousands of self-owned offline channels of Xingyi Technology + Meiyou + Zhenyou, as well as the more than 30,000 business hall channels of the three major operators, five million in stock cannot support it for long.
After all, including business halls, there are more than 40,000 stores, and one store sells 100 999 Unbounded mobile phones, which is four million units.
Plus online…
If the supply is opened up, the sales volume in the first month may exceed 15 million units.
If it really doesn't work, why don't we prepare it with tens of millions of dollars in stock?
Wang Yi couldn't help but think.
After all, Redmi 1S mainly relies on online sales and has sold nearly 50 million units!
Wujie Mobile also has 40,000 offline stores. It was launched in 2013 when there was a shortage of low-priced smartphones, so it will definitely sell more hotly.
Wang Yi had some calculations in his mind.
The entire board of directors met in harmony.
After learning that Wang Yi had invested RMB 3 billion in shares and brought in orders worth RMB 10 million, everyone from BOE's senior management to ordinary employees burst into laughter.
BOE will also enter a new era of rapid development.
After the board meeting, Wang Sheng pulled Wang Yi aside: "Chairman, I have a personal request."
"Tell me." Wang Yi became interested and wanted to see what Wang Sheng had planned.
"It's like this. BOE has a vice president Qian Fenglin. I was very optimistic about him back then and introduced him to BOE and entrusted him with important tasks. In addition, this person has good skills and is a powerful R&D expert, and he has my support.
He soon became the vice president. But I didn’t expect that he was stubborn and was instigated by several shareholders. He was also a bit radical and wanted to go all in OLED, so he directly stood against me..."
"So you want me to take the lead and kick him out?" Wang Yi smiled.
Wang Sheng waved his hand: "No, no, he has been kicked out by other directors, his position as vice president has been cancelled, and his seat on the board of directors has also been cancelled."
"Then you are..." Wang Yi was confused. You have already won, what else do you want to do?
"It's like this. Although Director Wang and Qian Fenglin are not honest in what they do and can easily be used as a weapon, their skills are still good. They are considered to be qualified CTOs and they are indeed very knowledgeable in the OLED field."
Wang Sheng said eloquently: "But now he and I have completely broken up, and it is impossible to stay at BOE. But this guy is a talent, and I don't want him to go to our enemy. It is tasteless and it is a pity to abandon it.
!”
Wang Yi understood: "So you want me to accept him?"
Wang Sheng nodded: "Yes, Chairman, BOE is now fully committed to developing LCD. It does not have the funds and energy to develop OLED in a short period of time. Qian Fenglin has no future if he stays at BOE. But he can go to Xingyi Technology. We have plenty of funds.
If an OLED research institute is established, he can take the lead..."
"OLED Research Institute..." Wang Yi fell into deep thought.
I just feel that Wang Sheng is a wonderful man who shows mercy to traitors and enemies who stab him in the back.
Of course, this arrangement will also leave BOE with one less opponent.
If Qian Fenglin goes to Samsung or LG and something happens, it will not be a good thing for BOE.
As for the research institute, that's totally fine.
In the past, the rapid rise of domestic mobile phone screens was due to the explosion of domestic screen manufacturers such as BOE.
Secondly, some companies have developed a series of technologies themselves.
For example, double-layer OLED screens, high-brush screens, DC dimming...
These require mobile phone manufacturers to develop them themselves and then customize them with the screen factory.
For example, the OnePlus mobile phone in 2017 customized an Oled screen with Samsung to achieve a high refresh rate of 120HZ, ushering in the era of high refresh rate of 120HZ.
Apple did not launch 120hz high refresh rate until the iPhone 13pro series four years later.
Similarly, if Wang Yi wanted to develop these advanced technologies in advance, he would also have to establish his own research institute.
As for BOE, it is more about how to make it, but if you want to do it better, you have to customize it from Xingyi Technology.
Moreover, LCD will dominate the world in five years, and the OLED era will come in five years.
Wang Yi also had to take precautions.
Qian Fenglin is a big star of OLEd, and even Wang Sheng pays such attention to him. It seems that his strength is not low.
Wang Yi can definitely accept it and merge it into Xingyi Research Institute to pre-research OLED in advance.
Five years later, the OLed era arrived, and Xingyi Technology was directly at the forefront.
After reading this, Wang Yi nodded: "Okay, then I will accept him and establish an OLED research institute!"
"This is the best!" Wang Sheng said with a smile.
Wang Sheng was naturally angry at Qian Fenglin's backstabbing.
But for the sake of BOE's development, he is still willing to join Xingyi Technology.
In this way, Qian Fenglin can't get involved in BOE's affairs, and he won't be a stumbling block anymore, and there will be one less thorn in his side.
Nor will it go to competitors to pose a threat to BOE.
If Qian Fenglin and a group of people leave to join a competitor, it will be a disaster for BOE.
It's done now. If you throw it to Wang Yi, the meat will rot in the pot.
More importantly, even if Qian Fenglin really invented OLED technology, it would be Xingyi Technology.
Xingyi Technology is BOE's largest shareholder and has a close relationship. Subsequent cooperation is indispensable. Not only is it not a threat to BOE, it is actually a good thing.
Just like the technology of CSOT in the previous generation, many of them were licensed from Samsung...
Similarly, if OLED technology is really developed, it will be licensed to BOE... BOE will just pay.
You are not afraid of paying for the core technology, but you are afraid that if you want to pay, the other party will not give you the core technology.
In the evening, Wang Yi met Qian Fenglin.
Qian Fenglin was a little surprised and a little embarrassed: "Hello, Director Wang, I..."
Wang Yi waved his hand: "It's okay, sit down!"
"Thank you." Qian Fenglin sat down, feeling even more uncertain.
But Wang Yi smiled: "You must be thinking, I support Wang Sheng, why would I meet with you, Wang Sheng's nemesis?"
"Yes, I don't understand."
Wang Yi smiled: "The reason is simple. There are no eternal enemies, only eternal interests. When the situation opens up, you will all have a bright future."
"Does Mr. Wang plan to be a lobbyist?" Qian Fenglin frowned:
"I'm sorry, if it's about other things, I have to give Director Wang the face. But there's no need to talk about this. BOE is going all out to develop LCD, and I can't accept it. I personally think that in terms of technology, we need to develop the most advanced technology, otherwise it's better to die.
!The backward LCD is not worth my investment, OLED is the future.”
"He is really an idealistic R&D person who would rather not care about the life and death of the company?"
Wang Yi didn't even know what to say.
"The development of the company is the CEO's business, I only care about technology."
"But I remember that you were also the vice president of BOE before."
Qian Fenglin was silent: "..."
Then he said: "You are right, I am more suitable to be a CTO, but it is impossible to stay at BOE. The dream is dead."
"So I'll give you a new way to go."
"Where? Visionox? Or Tianma? I want to go to these companies. It's not difficult."
"What if it's Xingyi Technology?"
"Xingyi Technology?" Qian Fenglin was stunned: "Director Wang, Xingyi Technology wants to develop OLED?"
Wang Yi nodded: "If BOE wants to survive and develop, it can only focus on LCD. Wang Sheng has no choice. With so many people, they will have to eat and pay wages in the next five or six years."
"Xingyi Technology is different. It has money, resources, and is willing to invest in the future. We are planning to set up an OLED research institute to specialize in OLED technology. Are you interested? The CTO will be given to you."
"This..." Qian Fenglin was stunned, then nodded: "Okay, I'll join!"
"Welcome to Xingyi Technology." Wang Yixiao said.
"But I have a non-competition agreement with BOE..."
"Don't worry, this is easy to say." Wang Yi smiled and opened the door of the private room, and Wang Sheng walked in from the door holding a wine glass.
The expression on Qian Fenglin's face was frozen, and he was completely confused.
"Congratulations to Mr. Qian for joining Xingyi Technology. I wish Mr. Qian a bright future!" Wang Sheng raised his glass.
"This..." Qian Fenglin was even more confused.
Wang Yixiao said: "To be honest, Wang Sheng didn't want to wrong a talented person like you, so he suggested that I set up an OLED research institute and accept you!"
"This..." Qian Fenglin's heart skipped a beat, and he had mixed feelings for a moment.
Looking at Wang Sheng again, he felt even more guilty.
At that time, Wang Sheng also personally found him and invited him to join BOE, where he was highly valued along the way.
But later on, the two of them had different technical routes and different ideas, and they became on opposite sides, and even wanted to kill each other.
Right? Wrong?
Hard to say.
But the kindness of acquaintance was ultimately lived up to.
Now that the opponent was completely victorious, not only did he not take the opportunity to trample him to death, he instead approached Wang Yi to find a better way out for himself!
With such kindness, Qian Fenglin didn't know what to say.
I can only pick up the wine glass: "Chairman, I toast you this glass!"
Qian Fenglin picked up the wine glass and poured it into his mouth!
It's all in the wine.
"Hey, drink it slowly, this is liquor!" Wang Sheng said quickly, but it was still a step too late.
Qian Fenglin did it all at once.
A cup of 53 degree Feitian...
"You are still so reckless! But as a technical person, you have to be reckless sometimes!"
With that said, Wang Sheng also picked up the wine glass and drank it all in one gulp.
Let's clear up the past feud over a glass of wine.
Watching this scene, Wang Yi was filled with emotion.
Not to mention Wang Sheng and Qian Fenglin, even many good brothers who started a business together would fall out due to different ideas and eventually part ways.
Now the endings of Wang Sheng and Qian Fenglin are settled.
Of course, this is also related to Wang Sheng’s overall layout, which puts BOE first in everything.
Whenever the situation becomes too small and Qian Fenglin is tried to death, Qian Fenglin will immediately lead people to switch jobs to his competitors.
As for the non-compete agreement?
As long as you are really shameless, there are many ways to get around it.
For example, instead of entering the screen company directly, but entering the capital company of a major shareholder of a friend to secretly engage in research and development, wouldn't that be a problem?
As a result, it may not matter in the short term, but when the OLED era comes in five years, BOE will be in a better position.
But now that Qian Fenglin has joined Xingyi Technology, the meat will rot in the pot no matter what.
Watching the two of them drinking together, Wang Yi burst into laughter.
This is 53 degrees, not water and beer. The two of them will definitely get drunk tonight.
However, at this moment, Qian Fenglin came over with wine:
"Thank you, Director Wang. Thank you, Director Wang, for giving me the opportunity. Thank you! I respect you for this cup!"
Wang Yi: "..."
Come on, it will be difficult for him tonight too.
He immediately pulled Zhu Changlin over: "Come, let's go together."
There was no surprise. Wang Sheng and Qian Fenglin were very drunk tonight, and Wang Yi and Zhu Changlin were also very drunk.
But the results are very good. From now on, Wang Sheng and Qian Fenglin, one at BOE and the other at Xingyi Screen Research Institute, will have a bright future.
Not only are they no longer enemies, but they can also cooperate with each other to catch up with and even surpass Europe, the United States, Japan and South Korea.
In the LCD era, BOE can only catch up.
But in the OLED era five years from now, that may not be the case, and it will be completely possible to overtake in corners.
Especially with the Xingyi OLED Research Institute, Wang Yi just needs to invest more money.
However, spending money to develop core screen technology is not a loss!
We also recruited a technical general.
It can be considered a fruitful harvest.
Two days later, Wang Yi returned to the imperial capital with Qian Fenglin.
The future OLED research institute will be in the imperial capital or Jeju.
In the future, the largest production bases of Xingyi Mobile Phone and Unbounded Mobile Phone will be in Jeju, and the largest mobile phone industry belt will also be located in Jeju.
For example, BYD's antifreeze battery factory and even BOE's new screen factory will consider investing in and building new factories in Jeju in the future.
Even in a few years, the new factory of Xingyi Wafer Factory will be located in Jeju.
Nothing else, it is close to the mobile phone factory, saves freight, creates an industrial cluster, and facilitates the interests of all parties.
Xingyi Technology has gained a lot here, but the machine war is still in full swing.
But the outcome has been decided.
Rebus was helpless and could only hold another emergency meeting:
"Damn it, Huawei, HTC's trolls and fans are so fierce, our trolls can't even handle it!"
"There is no other way. The dual-core Xiaomi 1T is completely useless and has a bad reputation. We can only develop a new quad-core phone!"
Chapter completed!
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