In the study

Wang Yaocheng put down the financial group report for the first quarter of 2002 in his hand, tapped on the table with his slender fingers, and a trace of ruthlessness flashed in his eyes.

We can't delay it any longer, we need to see the truth.

This year, we must complete the bloody baptism of the memory chip market and the LCD panel market, eliminate more than half of the market players, and enter a true oligopoly pattern.

Taking advantage of the 2001 recession

Atlantic Jinko and Huanghe Technology Group both attacked, joining forces with Gree Group and domestic home appliance companies to launch rounds of price wars, expanding their share in the international market and achieving remarkable results.

Today, Huaxia home appliance companies are stronger than ever before, occupying more market shares and becoming more internationalized.

All this is due to the large-scale launch of LCD panel production capacity by Huanghe Technology Group and the advanced application chips of Atlantic Jinko. Technology is no longer hampered by the joint efforts of Japanese, Korean and Taiwanese companies.

No more suppression

Mainland home appliance companies naturally rely on their advantages of low price and high quality to conquer the world market and achieve remarkable results.

In particular, large-size LCD panels account for more than 65% of LCD TV production costs. If the international LCD panel market price is allowed to rebound rapidly, the competitiveness of domestic home appliance companies will be greatly weakened.

This is definitely not in the interests of the Wang Consortium.

As a lifelong enemy, Wang Yaocheng has never relaxed his vigilance towards Samsung Group, especially Samsung Electronics, the core company that accounts for 60% of Samsung Group's sales.

All news about Samsung Electronics will be put on Wang Yaocheng's desk as soon as possible, which shows the high level of attention it takes.

Three areas of strength for Samsung Electronics;

Home appliances, memory chips, and LCD panels must all be strangled before they can take off, leaving no one behind.

Wang Yaocheng can allow Samsung Electronics to become a second-rate company, but he will never allow it to become a top-notch company.

You can eat some leftovers, but you are never allowed to put them on the table.

If you dare to go too far, Samsung Electronics' legs will be broken.

Business competition is a process of ebb and flow. As the competitiveness of domestic home appliance companies weakens, Samsung Home Appliances will breathe a sigh of relief and gain a precious breathing opportunity.

Wang Yaocheng will never allow this to happen, and it is inevitable to severely suppress the price of LCD panels, so that Samsung Electronics will never be able to obtain valuable profits to support the rapid expansion of its own strength.

Time passes

A historic opportunity, once gone, will never come back.
Chapter completed!