Market Watch: Northeast "LCD manufacturing" the decline

Bt-direction, Jilin Sambo computer, color crystal, liquid crystal production plant that became the focus of northeast manufacturing IT, little is known about its glorious hidden behind the crisis in different degree...... As we all know, the domestic manufacturing industry began to focus on the Pearl River Delta and Yangtze River delta. Today, the two places are also the center of IT manufacturing, Suzhou Industrial Park, Kunshan, Huizhou, the recent ASUS, Foxconn and other large IT manufacturing plant is also established in this. But in the cold black land, there is also a part of the IT manufacturing industry in black, Kyrgyzstan, and liaoning. Just a little-known, or OEM, or their own production, Jilin bt-direction, Sambo computer, color crystal, LG, LCD production factory.

In these enterprises, it is worth noting that the liquid crystal manufacturing in Northeast China was very concentrated in this black land, there have been three LCD manufacturers, they are: Jilin caipin, North Taiguang electronic and established last year sunning love photo. Three companies, the survival of the status of the three different, and then there will be no similar outcome?

The direction of the photoelectric incident"

The direction of "photoelectric" is Shenyang bt-direction group co.. In other words, bt-direction is "the first major shareholder photoelectric direction". In fact, "photoelectric" production site in Sichuan Neijiang bt-direction is through the acquisition of holdings became the largest shareholder of the photoelectric direction. Shenyang BIGTIDE electronic production of liquid crystal display and special display.

However, the direction of photoelectric in 2004 but frequent incidents, there is an unlucky year.

A lawsuit in 2005 aroused the attention of many people in Shenyang. What happened was: bt-direction group, another subsidiary BIGTIDE electronic during the period from October 2003 to November 2004 in CCB Shenyang branch with loans six pen, totaling 36 million 550 thousand yuan, $600 thousand by the Beitai group and the company to provide the maximum amount of guarantee, the four loan expires, Petai electronic unable to pay, in addition although the two did not expire, but has owed 53506 yuan, in violation of the relevant provisions of the contract.

Then the construction of the Shenyang trip to the Shenyang intermediate people's Court of preservation application requirements, BIGTIDE electronic to repay the loan principal of 36 million 550 thousand yuan, 600 thousand yuan and interest of $234158.5 yuan, $9300 from affiliates as Beitai group and the company bear joint liability guarantee, also became a defendant.

In February 18, 2005, Shenyang City Intermediate People's court ruled on the case: the construction of the Shenyang branch of the integrate application complies with the law, frozen BIGTIDE electronic, Beitai group and the company's bank deposits totaling 41841348 yuan or the seizure of the corresponding value of the property. According to them, the Shenyang Intermediate Court on February 25, 2005 to freeze the Beitai group held "photoelectric" orientation of 72 million legal person shares.

In the subsequent "photoelectric" released results notice, the direction of the photoelectric also said that due to the decline in TFT-LCD prices do not react quickly, the company expects 2004 loss of 50 million, 2005 in the first quarter will continue to losses.

It is reported that, due to a series of problems, bt-direction group has been thinking about quitting. Have to spend huge sums of money investment direction of "photoelectric" became the burden of Beitai group.

Difficult to stay in financial difficulties

A bt-direction problem is definitely not an iceberg. In this newspaper also reported on the "Jilin color crystal" encountered many problems. At the same time, some other areas in China, well-known "BOE, SVA", and "Gansu Tianma", are in a difficult predicament. The northeast of the three LCD production plant seems to be more focused on the following points.

Financial difficulties. This is undoubtedly the biggest problem facing the northeast three LCD factory. The direction of the photoelectric funds have been floating on the surface of the water, while the same problem in Jilin Choi capital. Jiang Haichuan, general manager of Jilin color has said: for the current funding problems, the Changchun municipal government and the Chinese Academy of sciences have given a lot of attention. But this is not a small amount of money, many times, the government and the trust department is powerless, with the help of external forces is the only viable way. Transfer of equity, looking for partners, which is currently the color Jilin and Jiang Haichuan want to do have to do. Jiang Haichuan said: currently relying on the Changchun municipal government and the Chinese Academy of Sciences to solve the funding problem is not realistic, they are more in the spirit of support.

Xinning love because the world has just put into operation soon, has not yet encountered funding problems. In addition, due to the love of Xinning is a joint venture, South Korea has given great support, so the funding problem has not yet appeared.

But another problem troubled by Xinning love is also highlighted: talent issues, which is also a lot of problems faced by liquid crystal production enterprises. As the LCD industry is a new industry, the mainland itself is not a lot of talent, and the northeast of enterprises in terms of personnel recruitment and no strong financial strength. This leads to both R & D personnel or manufacturing personnel in the three companies which have become the bottleneck of survival.

Talent or secondary, you can slowly train. But R & D talent is currently these companies can not solve the problem. Jilin Cai crystal an employee once said: the company is too many people go. In the first two days of the interview, the unit of a staff only dry for four months left, went to Korea, annual salary of $100 thousand. The employee said, similar to the situation of employees in the factory.