Chapter 254 Joint Venture To Build A Factory
Chapter 254 Joint Venture To Build A Factory
"Bring us a historic opportunity?"
Wendell Weeks is full of questions.
This tone.........is a bit loud!
indeed.
Corning has not been having an easy time in the past few years.
From the glorious moment in 1970, when Corning first invented and manufactured the world's first optical fiber, to the peak moment of Corning's IPO in 1980.
During this period, Corning's development was not smooth sailing.
In particular, the bursting of the Internet bubble in 2001 directly destroyed the optical fiber communications industry. Corning, which led the business, suffered a loss of US$5.5 billion, and its stock price plummeted from US$113 to US$1.1.
It can be said that it has fallen into the darkest moment.
But even in such difficult times, they did not reduce R&D expenses, and finally developed a cover glass material that can be used for LCD screens, which began to make the company improve.
Now let them restart the "King Kong Glass" production line. Does this mean they want to put Corning back into the ditch?
"Mr. Wicks, don't you want the 'King Kong Glass' produced by yourself to become the standard for mobile phone glass covers?"
“It is true that most of the glass covers of mobile phones at this stage are made of plastic, but the shortcomings of plastic covers have become increasingly apparent.
"With plastic mobile devices, the display can be scratched by keys and coins in the user's pocket."
“So you can see that mobile phones with glass covers are beginning to appear and becoming popular.
"But similarly, glass covers also have obvious disadvantages, which is that they are indiscriminate."
"But the 'King Kong Glass' produced by your company solves this problem very well."
"Kingang glass is shatter-resistant and scratch-resistant, making it the best material for mobile phone glass covers."
“Imagine what will happen when almost all mainstream mobile phone manufacturers use ‘Kingang Glass’ produced by Corning Company?”
"Although your company has now developed a cover glass material that can be used for LCD screens, there should be many manufacturers that can produce this kind of glass cover."
"But your company's 'Kingang Glass' is the only one in the world, and there is no substitute at this stage."
"Don't Mr. Weeks want to seize this opportunity to make his 'King Kong Glass' popular all over the world and let all mobile phone manufacturers use 'King Kong Glass'?"
Lu Yi activated her glib skills and directly drew a delicious and big pie for Wendell Weeks.
really.
Wendell Weeks had a look of struggle on his face.
Seeing the other party's struggling look, Lu Yi said again: "Okay~ok, since Mr. Weeks is in trouble, why not do this? I will acquire your company's patented technology and production lines related to King Kong Glass at a price of 70 million meters of gold." "
"No~no~no, Mr. Lu, the patented technology of diamond glass is confidential, and we will never sell it to the outside world." Wendell Weeks immediately refused.
"That's not as good as this, Mr. Weeks. We will jointly invest in a joint venture factory to specialize in the development and production of 'King Kong Glass'. Of course, Blue Star Electronics will also sign an order for 1 million pieces immediately." Lu Yi said.
Joint venture factory?
These words made Wendell Weeks' eyes light up.
What a great idea!
"Mr. Lu, are you really willing to build a joint venture with us to produce 'King Kong Glass'?"
"Of course."
"If that's the case, we can cooperate."
The two sides have reached a consensus, and it will be easy to talk next.
Three hours later, Lu Yi and Idel Weeks reached an agreement on establishing a joint venture factory.
The two parties each invested 20 million meters of gold to establish a joint venture factory specializing in the production of 'King Kong Glass' in Sioux City, Longguo.
As for equity, Corning holds 60% of the shares and has absolute control.
Blue Star Electronics holds 40% of the shares and has the first right to purchase "King Kong Glass".
"Mr. Lu, I will immediately convene the board of directors to discuss the establishment of a joint venture. If the board of directors agrees, we will invest the best scientists and engineers in this project!" Wendell Weeks said with a full face. Said with a smile.
"Then I'll just wait for the good news." Lu Yi said with a smile.
After Lu Yi left.
Wendell Weeks immediately notified the company's major directors and held a board meeting on the matter.
After several days of dedicated discussion, with the support of Wendell Weeks, more than half of the members of the board of directors voted in favor, which was considered passed.
Wendell Weeks immediately called Lu Yi to announce the good news.
same day.
Lu Yi came to Corning Company here to discuss the establishment of a joint venture again. The negotiations were quickly settled and a consensus on cooperation was quickly reached.
However, it will take some time to formally sign the contract.
…Please give me flowers…
This involves investment after all.
As a high-tech company in North America, Corning is still very stuck in this regard.
But Kang Ning did not disappoint Lu Yi.
Three days later, Lu Yi received the exact news that the North American government approved the joint venture plan between the two parties.
The biggest obstacle was gone, and the two parties signed a formal contract.
Although the joint venture is opened in Longguo, for Corning, since the leadership of the joint venture is in Corning's hands, there is nothing to worry about.
Moreover, the cost of production materials in Dragon Kingdom is low, so it is the best choice from any point of view.
After settling the matter, Lu Yi flew back to Sioux City with his people.
After returning to Sioux City, Lu Yi immediately called the city leaders.
First, he asked about the local situation, and then informed the leader about the cooperation between Blue Star Electronics and Corning Company to build a joint venture factory in Suzhou City.
........0
The city leaders were naturally very happy when they heard the news.
This can be regarded as the introduction of a high-tech enterprise to Sioux City.
This is undoubtedly the most powerful support for Sioux City, which is building a ‘tech city’.
So the city leaders praised it and then promised to provide the joint venture factory with preferential policies in all aspects.
Lu Yi and Corning jointly established a factory and chose Su City as the location. This made the city leaders very satisfied. Naturally, they gave the green light in all aspects and prepared to set a model with this and completely launch the slogan of "Technology City". To attract more high-tech enterprises to settle in Sioux City.
Future technology, in the conference room.
A meeting is being held at the moment.
There were not many people participating, including Lu Yi, Lu Qi, Mike Mowaimi and other people from the game department.
The specific content of the discussion is naturally the issue of the formal commercial operation of "World of Warcraft".
"World of Warcraft" has been in open beta testing around the world since July.
It has been in open beta testing for four months now. Judging from the feedback from all aspects, it is very good. Players are very much looking forward to the official release of "World of Warcraft".
"It can be seen from the four months of public beta testing that players' feedback on "World of Warcraft" is very good, and they have even expressed their expectations for the official release of "World of Warcraft" on major forums."
"Since there are no problems, then according to the original plan, it will be officially launched globally on December 1st three days later!"
at last.
Lu Yi hit the nail on the head!.
sinovels