subject: Boe Replacement Of Crisis: Visible And Invisible - Boe, Flat Panel Display - Household Appliances [print this page] < BR> a business can face the greatest crisis , in the carefree after a few years of glory, suddenly found themselves far away from Earth at one end has been replaced by the enterprise; an enterprise is difficult to get rid of the crisis is being replaced, the pains have finally found another one Xiaoshan board, but only half happy, but discovery is also BUTTERFLY leaking ship, this time around the cloud water and fog, nowhere to turn for help.
Not open a business will never escape the crisis is to be replaced, because No matter which industry must abide by and be subject to laws governing the operation of this industry. Product life cycle is an objective, the objective existence of industry life cycle, both will determine the life cycle, while the industry in the event of an alternative life-cycle crisis, businesses will face extinction.
If you are not survive the industry downturn of the impact, you will be replaced by competitors, they are the enemies you see; If you survive the industry slump, thought he had survived, but did not find in your industry is being replaced by new modes of production, they are you can not see the enemy.
All enterprises face a degree of substitution crisis, the head has a sword hanging wire, because the long history of economic development, the Federation of Ebb Tide, only the strong and tough business to survive, a hundred famous enterprises. Who remember that Siemens was first to do what? Pointer telegraph. IBM do? Punch. Intel? Memory. Faced with a number of alternative crisis, they strongly evolution into the present form. Industrial restructuring has been in the past, but the spirit and wealth of experience is always there.
For Chinese companies, alternative risk is attached to bone, such as maggots, has become the scourge of the Chinese enterprises to flourish, but we or do not realize, or ignore, is still one thinks. This is very scary. Since the reform and opening up, we have seen many companies are "leading the trend in 2035," once flowers are in bloom, just a few years went on the wind and rain.
30 years of reform and opening up in China over 20 years of corporate life have been rare at all. The reason for these failures that we will find life business and its product life are closely linked, and product life cycle of industrial development by the laws of the various constraints, companies can not about their life cycle. Once the industry changes, even if the enterprise product is useless no matter how good they have been visible and invisible enemies replaced.
Concerns about this alternative to the crisis and anxiety, was that I could not sleep all night. After two years of losses BOE in the second quarter profit has come. This is the expected result, BOE early before entering the TFT industry has spent 8 years to plan, to think, so we can at low tide in the industry willing to invest in new production lines, buried in technical innovation in the industry when we pick up To get bigger and bigger. For the BOE, this is not gambling, we are not lucky enough to win.
Now, I can breath a little, because I escaped the alternative crisis:
CRT
Replaced by flat-panel display technology, the BOE's painful transition to the losses caused by businesses and employees can not be compounded. However, nothing can not be replaced, TFT technology is so. We expect the TFT LCD technology industry about 30 years of life, this is the legacy of industrial law to find a solution to be replaced TFT crisis time. During this time, I have the confidence to find the next one or even several ships wheel ship.
Benefit the people, I hope the Chinese enterprises to replace the crisis out of the quagmire, there's a large world-class enterprise, this is certainly the vision and goals of BOE. Many Chinese enterprises to invest frantically pursue diversification, want to put eggs in different baskets, and the results are often exhausted resources, corporate cash flow over, companies are finished. This investment-driven low-level duplicated construction allows the formation of China's economic development was significantly dragged down. Moreover, to address the alternative risk through diversification can only be useful in a closed state, in open China, every industry has a strong international top companies in the competition, diversification should not substitute Crises.
