No more data could be produced. After returning home, Yang Ling and Qian Zhongyi had a small meeting.
Mainly to analyze the current trends of the entire vcd industry.
Now the VCD market is definitely in a saturated state, and no matter how hard we try, we cannot change this reality.
The emergence of vcd is a phased product in the traditional electronics industry.
In the future, it will definitely be replaced by the Internet and the many new electronic products that come with it.
Even the entertainment properties of VCD are not as enjoyable as a compact MP3.
Despite its small size, MP3 players can be carried around all day long and can be used to listen to music all day long. This has also greatly promoted the development of the music industry.
Yang Ling told all his thoughts. After all, Qian Zhongyi was his biggest partner. Under the current situation, he still didn't want Qian Zhongyi to sink too deep in the VCD market.
After listening to Yang Ling's analysis, Qian Zhongyi also shouted that it made sense.
At present, the main reason why their company is able to have such a high output and so many orders is that copycat machines are rampant.
There was a wave of cheap VCDs in the domestic market, so they were able to increase production so much by relying on low-end chips, which had a certain driving effect.
But such prosperity is false and just an appearance.
"So you think the VCD market won't last long and will be finished?"
Qian Zhongyi has been working in this industry for many years, and he really doesn't want to believe that an industry that was once so prosperous will disappear.
Yang Ling said firmly.
"This market has long been saturated. Not only the internal demand, but more importantly the upstream, there will be better substitutes soon. There is no way around this."
"If that's the case, then we are indeed in big trouble."
Qian Zhongyi was also worried, but he was not that anxious.
Lingyi Technology, at least on the surface, is now the only high-end VCD chip manufacturer in China.
Therefore, even if the market is weak, they will definitely be the last to be affected, and there is no need to tighten the strings in a particularly urgent manner.
It's just that the greater the investment, the greater the pressure. If it really collapses in a short period of time, they may also face the dilemma of being too big to lose.
"Furthermore, there is a lot of room for development in Jiangzhou in the future. We can take the lead and start production here first. In the future, the existing production lines will be transformed to a certain extent and can be used to produce other products."
Electronic products are also acceptable.”
Qian Zhongyi also believed in Yang Ling's vision. This guy's vision has always been good.
It's just that Qian Zhongyi doesn't like Jiangzhou.
I feel that this is just a small place. Although it is officially a provincial capital city, compared with Shenzhen City, it is just a shabby small village.
At the moment, Jiangzhou is used as a springboard. The production lines will be moved here first to solve the current production difficulties. When VCD chips cannot be sold later, the factories here can be abandoned at will.
It's also a good idea.
Qian Zhongyi thought so and was not so repelled.
Just use this small place as a springboard, then it will be a win-win situation and things will become much simpler.
Moreover, the data listed by Yang Ling are very real, and the prediction of future trends is also very accurate.
Qian Zhongyi also had no reason to believe Yang Ling.
It's just a pity that the profit of one or two million a month can be recorded in the account now. Thinking that it is just a flash in the pan, I will have to think of other ways to make money later, which makes me a little worried.
Now they are making a lot of money from their monopoly position, but in the future they will not be so secure in other industries.
"How much money did Mr. Qian prepare to upgrade the production line?"
Qian Zhongyi answered honestly.
"I was just about to discuss it with you. I was thinking of spending six to seven million to expand the production line. But now it seems that we won't be able to use so much."
Yang Ling made a decision and said: "That's good. I think it's a good idea for the company to spend 5 million."
"Do you use it that much?"
"We also need to use part of it to attract upstream and downstream companies. 5 million is a relatively safe choice. As for investment, I think we should divide it 55%. I will take care of the land and factory buildings, and the equipment and labor will be yours."
Of course Qian Zhongyi had no objection.
No matter how developed a small place like Jiangzhou is, it will only remain like this, and there is little chance of land value appreciation in the future.
On the contrary, if the vcd chip business fails later, those equipment can be recycled and used for other businesses, but it is much worse than this place.
After a brief discussion, the two hit it off.
And regarding the investment from Philips, Yang Ling also promised that he would find a way to attract it.
Although Philips' investment was not an active investment in their company, it could be regarded as an insurance policy to jump into this pit with them.
Qian Zhongyi also kept a special eye on it.
It is said that after Philips' investment is in place, the company will allocate funds.
Those large international companies attach great importance to their own brands and will conduct a lot of research before investing.
As long as Philips thinks Jiangzhou is fine and worth investing in, then he doesn't have to worry about anything. There will always be something to eat by following the big companies.
Yang Ling also fully agreed to this, as if he was already sure that he could successfully win over Philips.
The business was negotiated on the first day after arriving. Qian Zhongyi secretly sighed that Yang Ling's work efficiency was indeed very high.
This guy's integration ability is really something. If he cooperated with others, I'm afraid he wouldn't be able to do it now.
On the second day, Yang Ling called Secretary Sun over. Secretary Sun was very happy when he heard that there was a big boss from Shenzhen City here.
After a brief chat, they learned that Lingyi Technology planned to invest 5 million to build a factory in Jiangzhou. Not to mention how happy they were.
"We in Jiangzhou are now very supportive of the development of the electronics industry! Now we have been attracting foreign investment with a very low profile, and we have achieved certain results so far."
"Although the convenience level is still not comparable to that of Shenzhen City, we can guarantee that we will keep pace with Shenzhen City in the future and will never fall behind."
After Secretary Sun arrived, he assured Qian Zhongyi.
This big customer must stay no matter what. 5 million is a very large investment.
Given the current level of development in Jiangzhou, it is difficult to find an investment with such a high scale in an industrial park.