Yang Qihui and Wu Guoqiang followed Sun Jian to Japan this time to help take over Seiko's LCD panel business. They knew that the opportunity to display their talents had come.
Sun Jian also did not expect that Rejiro Hattori would change his acquisition decision temporarily.
According to the agreement, before February 16, 1996, TSLC's three LCD panel production lines and Sugon Seiko LCD Research Institute and most of their employees will move to the TSLC Park in Zhongguancun High-tech Zone.
Before the move, TSLC's production and research continued. Japan has a full industrial chain for LCD panels. Although Seiko Group LCD Company became Akebono Seiko LCD Company, the first generation of glass substrates, masks, photoresists and other materials The company's supply will not be affected. The company's management and expenses are handled by TSLC, which operates independently and is responsible for its own profits and losses.
Due to the fierce competition in the Japanese LCD panel market, Seiko Group LCD Company has no technical advantages, and it is a dead end to operate alone. If we can enter the booming mid-G market with a joint venture, we can use cheap labor and broad market demand to upgrade LCD technology. , it is possible to solve the situation of continued losses in the business of Seiko Group LCD Company.
Hattori Reijiro and Seiko Group executives have reached a consensus.
TCG, which needs LCD screens and LCD mobile phone screens, will become TSLC's largest and most important customer.
Choosing the well-funded Akebono Communications Group as a joint venture partner was not a whim of Rejiro Hattori.
Kimura Shio, the former director of Seiko Liquid Crystal Display Research Center, serves as the president of Akebono Seiko Liquid Crystal Display Research Institute, and Yang Qihui serves as vice president.
Pengcheng Shuguang LCD Research Institute and Pengcheng Shuguang LCD Equipment Co., Ltd. were integrated into tslc to form Shuguang Seiko LCD (Pengcheng) Research Institute.
Japan is the center of global LCD technology innovation and is full of talents. It retains the Akebono Seiko LCD (Tokyo) Research Institute and recruits Japanese senior LCD R&D personnel and senior technicians with high salaries.
In the near future, Sugon Seiko Liquid Crystal Display (Silicon Valley) Research Institute will be established to recruit senior talents in liquid crystal display for global high-tech.
At that time, the original 317 LCD engineers and technicians can stay as long as they wish, and can move their families to the capital with the joint venture company, and TSLC will allocate housing and pay settlement expenses.
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Tokyo.
Semiconductor Manufacturing Equipment Association of Japan (SEAJ).
"Chairman Hattori, based on the actual needs of the company's development, your company established Shuguang Seiko LCD Co., Ltd. with Sugon Communications Group. It did not violate the regulations of seaj. Seaj did not object, but it acted in accordance with the regulations of seaj and strictly restricted the supply of Japanese technical equipment and materials. Chairman Hattori apologizes for the need of Akebono Seiko LCD Co. to develop a second-generation LCD panel production line!"
Although the Seiko Group is only a member unit of SeaJ, the watches it produces account for 40% of the Japanese watch market and 10% of the world's watch market. Reijiro Hattori not only serves as the president of the Japan Watch Association, but also serves as the president of the Japan Exchange Association, which is highly regarded by Japan. Respect from the business community.
Fukutoshi Maeda, the president of NEC Co., Ltd., is now the president of SeaJ and is not qualified to support Hattori Reijiro.
"Chairman Maeda, I fully understand SeaJ's decision. Seiko Group will not do anything that undermines the regulations of the country and SeaJ."
The board of directors of Seiko Group decided to withdraw from the LCD facial business. As a member of seaj, Seiko Group submitted a written report to seaj in advance. After receiving approval, the decision to transfer the entire company was announced to the outside world.
After the establishment of tslc was announced in Beijing, Hattori Reijiro immediately called Chairman Maeda in person to report, and rushed back to Tokyo the next day to report to seaj members.
"Sugon Communications Group has strong financial strength and has accumulated some experience in the LCD panel industry. After establishing TSLC, we have another competitor that cannot be underestimated, but there is no need to panic. TSLC's LCD panel technology is still two times behind ours. generation, the three production lines transferred by Seiko Group LCD Company are all outdated and obsolete production lines. As long as we speed up investment in the construction of third-generation LCD panel production lines and accelerate the research on fourth-generation LCD panel technology, when tslc's move is completed, many third-generation The LCD panel production line is almost put into operation. We have absolute LCD panel technology and first-mover advantages. We work together and complement each other's advantages to continue to lead the development of the global LCD panel industry."
Bang bang...
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Monday, June 19th.
Seiko Group, which has been suspended from trading for two weeks, issued an official announcement on the establishment of Akebono Seiko LCD Co., Ltd. Seiko Group's stock price soared 13.5%, and its trading volume doubled; the stocks of companies with LCD panel businesses such as Sharp, Nec, Toshiba, Hitachi, and Panasonic fell slightly. .
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On Monday, Shuguang Communications Group (tcg), which was listed in Hong Kong, also issued a formal announcement on the establishment of tslc after a two-week suspension of trading. Tcg's share price fell by 1.7%, and the Hang Seng Index fell by 0.4%.
Investors are not optimistic about TCG's entry into the highly competitive LCD panel industry.
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"President Kimura, when will Sugon Seiko LCD Research Institute successfully develop a second-generation LCD panel production line?"
Kimura Shio, 51 years old, graduated with a Ph.D. in microelectronics from MIT. He was one of the first Japanese students to come to the United States to engage in basic research on liquid crystal displays. He was invited back to China by Kentaro Hattori to serve as the director of the Seiko Liquid Crystal Display Research Center. The three existing LCD panel production technologies are all produced by Seiko LCD Research Center.
Since Seiko Group's financial resources, semiconductor and liquid crystal technology are far inferior to those of Sharp, Nec, Toshiba, Hitachi and Panasonic, Seiko Group's LCD technology is two generations behind. Today, Seiko LCD Research Center is still researching LCD panels with 360mm*465mm substrates. technology.
Sun Jian inspected the Akebono Seiko Liquid Crystal Display (Tokyo) Research Institute to get to know senior researchers and research status. It has ready-made production lines, engineers, technicians and R&D personnel to produce Seiko brand monochrome and color LCD panels, Seiko brand displays, monitors and Mobile phone screen, as well as long-term established domestic and foreign supply and sales outlets and customers.
This is the advantage of forming a joint venture.
Seiko brand monitors and mobile phone screens are not comparable to Tianma brand.
According to the joint venture agreement, the Seiko trademark (liquid crystal display products) belongs to tslc. Even if Seiko Group withdraws from tslc in the future, the Seiko trademark (liquid crystal display products) will still belong to Sugon LCD Company.
Those who are born again will not make wedding clothes for outsiders.
"Chairman Sun, with all due respect, according to SeaJ's regulations, from now on, TSLC will not be able to receive technical support from advanced photolithography machines, etching machines, ITO glass, photoresists and masks provided by Japanese companies such as Nikon and Asahi Glass. , nor can we purchase its technology patents. With our existing technical strength alone, it is almost impossible for TSLC to successfully develop the second-generation LCD panel technology alone."
Although Sugon Communications Group is very strong, senior R&D personnel such as Kimura Shio, Matsumoto Junmao, and Takano Shufumi all know the technical level of mid-g semiconductors and liquid crystal displays. TSLC has since lost the advanced technology and advanced material support of related Japanese companies. , are not optimistic about the development prospects of tslc and are worried.
