"Directly take over the BYD TV factory?" Song Sining was stunned and said with a smile: "Isn't this a bit rude?"

"Isn't polite?" Wang Yi smiled lightly:

"Being impolite is the greatest courtesy to BYD. I am saving them. The more diversified BYD develops, the more it will be ruined. New energy vehicles are BYD's core industry. As for BYD electronics OEM? How much money can you make?

"

BYD Electronics is just a subsidiary of BYD. Even though its fixed assets such as factories are worth several billion, its current market value is only over five billion.

To put it bluntly, the foundry industry is not very profitable and capital is not optimistic about it.

Unless it reaches Foxconn's level, it's not worth mentioning.

But it is obvious that the current BYD Electronics is far behind Foxconn. Even ten years later, BYD Electronics' market value will only be more than 60 billion.

BYD's terrifying market value in the previous life was not due to BYD Electronics, but to its core businesses such as BYD cars and BYD batteries.

Wang Yi discovered a very serious problem and handed over Xingyi mobile phones and Xingyi tablets to BYD Electronics for OEM. He wanted to pull BYD out of the way so that BYD could make some money and make cars better.

As a result, BYD expanded and finally made some money. Instead of engaging in its main business of automobiles, it continued to invest in BYD electronics. It even wanted to make BYD mobile phones and BYD TVs!

Isn’t this a matter of discarding the basics and chasing the last?

The result is also obvious. BYD's mid-year financial report was very unsatisfactory when it came out.

Coupled with the government's reduction of new energy subsidies, BYD Auto's sales and profits continued to decline, resulting in serious losses and the share price of BYD shares collapsed.

Wang Yi's previous investment, multiple large OEM orders, the sales of anti-freeze batteries, and a series of benefits such as entering the fruit chain, finally made BYD's stock price rise to HK$70.

As a result, the automobile business suffered a serious decline and suffered serious losses. BYD's share price fell to HK$45 again.

But even so, shopkeeper Wang not only did not calm down to develop new energy, but also wanted to make BYD mobile phones, BYD TVs, and even BYD computers and BYD tablets!

Really seeking death!

Wang Yi didn't even know what to say.

Xingyi Technology is able to make mobile phones, tablets, and TVs because Wang Yi is a reborn person who understands the market and the market conditions.

BYD has nothing, even if it follows Xingyi Technology as a copycat, it is meaningless.

Electronic products are updated so quickly that by the time BYD releases the first-generation copycat model half a year later, it will already be outdated.

Xingyi Technology has launched the second generation, and the only way to wait for BYD Electronics is to die!

But shopkeeper Wang didn't understand this truth, and still wanted to develop diversified businesses at the expense of the weak.

It seems that the black swan event from the previous life is happening again.

In the previous life, BYD encountered a black swan in 2012 because of its diversified development, and its stock price fell to the bottom.

If Wang Yiruo takes over BYD's TV factory and lets BYD get some blood back and have the money to focus on building cars, it can be regarded as saving BYD.

But Song Sining doesn't understand this good intention, Shopkeeper Wang doesn't understand, and neither does the outside world.

He even thinks that Wang Yi is selfish and is worried that BYD will become a rival of Xingyi Technology by making mobile phones and TVs.

But the problem is, Wang Yi is not afraid of established giants like Apple, Samsung, and Sony. Why does Wang Yi care about a newborn BYD Electronics?

joke.

BYD headquarters.

Xingyi Technology's press conference has ended for more than half an hour. Shopkeeper Wang and a room of senior executives are still sitting in the conference room, watching the darkened live broadcast room, silent.

It wasn't until a long time that Shopkeeper Wang sighed and broke the silence:

"Forget it, BYD gave up the TV business, and BYD TV factory changed to...TV OEM!"

Hearing this, the subordinates were shocked, especially Du Qingping, the head of the TV business department, who was even more angry!

Du Qingping originally worked as a TV R&D manager in Changhong. Half a year ago, BYD wanted to build TVs and poached him.

Okay now, my people are here, you are saying you don’t want to do TV anymore!

So what should I do?

Isn't this playing on me?

Du Qingping was furious and slammed the table:

"Chairman, if BYD gives up the TV business, what will happen to our TV R&D department? Disband it all? What will happen to me and my brothers?"

"I..." Shopkeeper Wang was at a loss for words and didn't know how to answer.

This was indeed the wrong thing to do.

But there is no way, look at the BYD TV they designed:

Take a look at Xingyi Smart TV again:

From the outside, it doesn’t appear to be a product of the same era.

As for the configuration, it is even more different from two eras!

It can be said that it would be better if BYD TV was not launched and the loss would be stopped in time.

If it is launched, it will all be industrial waste!

Shopkeeper Wang sighed: "Mr. Du, you have seen the Xingyi Smart TV. This is a real smart TV. It is not an exaggeration to say that the thing you developed is industrial waste. Even if it is mass-produced, let alone sell 3,000

, no one wants even 2,000.”

Du Qingping was silent: "..."

But I feel frustrated.

Before the emergence of Xingyi TV, everyone had designs like this, which were all at the level of industrial waste.

Everyone sucks, no one dislikes anyone.

As a result, as soon as the Xingyi Smart TV came out, it immediately became popular, confusing Du Qingping and BYD.

Also confused are Hisense, Skyworth, and TCL!

Even Sony, Samsung, LG, and Sharp are in trouble.

The processor and configuration of a TV are better than most mobile phones.

Isn't this a joke?

But the problem is, Xingyi Smart TV is just that powerful.

From hardware to system to intelligence, it is two generations ahead of its peers!

Make sure it doesn't get stuck after six years, and there will be no way to deal with it.

But considering the future, Du Qingping still said harshly:

"I admit that our BYD TVs are far behind Xingyi smart TVs, but they are still marketable. For example, if we bring home appliances to the countryside, we can make them and sell them in the countryside! We still have a market in the countryside."

"Home appliances going to the countryside?" Shopkeeper Wang laughed: "Lao Du, no, there is no chance of sending home appliances to the countryside. The Xingyi store has opened in the towns, how can you go to the countryside?"

"Is it because ordinary people are blind and can't tell the difference between good and bad? Or are they not watching TV or going to the market, so they can't see Xingyi TV's advertisements?"

"This..." Du Qingping was speechless for a moment.

Yes, there is no harm without comparison.

The towns and villages don’t have good products, but they can still sell the rubbish BYD TVs they designed.

But with Xingyi stores in every town and Xingyi TVs for sale, no one really wants industrial garbage like BYD TVs.

"So, BYD's TV business can only be cut off? All the tens of millions of R&D funds we invested have been wasted?" Du Qingping's mouth twitched.

"Otherwise? I'll invest tens of millions more in you and lose again?" Shopkeeper Wang said coldly.

Du Qingping's mouth twitched: "..."

Shopkeeper Wang stood up, patted Du Qingping on the shoulder, and said sincerely:

"Lao Du, it is great wisdom to stop losses in time. Don't worry, I will give you the compensation you deserve. If you want to stay at BYD, I can also arrange for you to go to other departments and I won't treat you badly. After all, you are

I dug it, and I am responsible for you!"

"This..." Du Qingping looked a little complicated, and he didn't know how to make a decision for a while.

I was laid off just six months after joining the job and I didn't get much compensation.

But if he goes to other departments of BYD to do other businesses that he is not familiar with, he will develop TVs!

Just as Du Qingping was struggling, Shopkeeper Wang's phone vibrated.

"President Song's call!" Shopkeeper Wang said with joy: "It seems that Xingyi TV has been sold out and needs OEM. Our BYD TV factory is saved, hahaha!"

With that said, Shopkeeper Wang quickly pressed the answer button: "President Song, congratulations, congratulations. After Xingyi mobile phone and Xingyi tablet, Xingyi TV has also become a great success, congratulations!"

"Thank you, but the production capacity is also very troublesome. We estimated that the annual production capacity is 10 million, but now it seems that it is not enough at all. It is far behind. I heard that BYD has a TV factory?"

"Yes, we have invested one billion in our smart TV factory. It has just been completed and can be put into production at any time. The annual production capacity is 10 million. It can be used as an OEM for Xingyi TV to fill the production capacity gap! President Song, look..."

Unexpectedly, Song Sining changed the subject: "Shopkeeper Wang, cooperation is no problem. But this time, we hope to change the way of cooperation."

"Another way of cooperation?" Shopkeeper Wang frowned slightly: "Say."
To be continued...