Bad luck, probably from greed

During this past period, some “innovations” began to show their face. They think their bad luck, is the relative tightening of the financial market, affecting the business.

For example, some banks used to grant hundreds of millions of dollars in credit to enterprises, but now they can’t, and branches can’t approve them, they have to be approved by higher-level banks. The capital market listing environment is also no longer so relaxed, even with the implementation of the registration system, the regulator’s “letters of inquiry” have become sharper, relentlessly pointing to the “soft spot” of financial data.

The media even pointed to the crux of the matter: since your technology is so great, how is the mass production situation? Indeed, mass production is always a big issue, and it points out the essence of corporate innovation.

Enterprise innovation is different from laboratory innovation, the former needs the market to support, consumers need to buy, the product must be sold, mass production to cover the cost, R & D innovation must be “on the ground”. The latter is more of a “stargazing”, future-oriented research, as is the case with the famous Bell Labs, which has no market for many of its technologies, i.e., it is useless for humans and consumers now, but that does not mean it is useless in the future. Therefore, such laboratory research and development is still meaningful, it can continue to expand the boundaries of human scientific and technological awareness.

However, some companies’ R&D nowadays is neither marketable corporate innovation nor any original technology frontier R&D. The flexible screen that was a big hit before is a bit like that. Flexible screen market value in the end how big, there has been a question.

Take the small screen of the phone, the flexible screen really lacks meaning. The phone is already so small, small enough to carry in your pants pocket, but also flexible curved screen what? Besides, the medium screen tablet and computer, the flexible screen device rolled into a roll in a tube, and we now put a straight screen tablet in the computer bag, which is more practical?

Some companies in order to improve the valuation, with the help of all kinds of capital, to create a “super market” of ordinary people need flexible screens, which is not right.
What about large-screen TVs and display devices? I once heard a flexible screen supporters say this: With the upgrading of people’s consumption in the field of entertainment, many families need large TV sets, but too big flat-screen TVs, handling will become a problem, the elevators and doors of residential buildings in China are generally small, super large screen straight screen TV is very difficult to carry, then the flexible device can solve this problem. This statement is actually a bit funny, because, if you want a super large screen, buy a home projector is not good? How big you want it to be, it’s as big as your house is big enough.

Obviously, flexible screen devices are not on the average person’s consumer list for now – at least as far as human screen needs are concerned at this stage. First, human house walls and furniture is straight, which also means that curved screens will be incongruous, and straight houses for thousands of years to cultivate the visual habits of people accustomed to straight screens. Secondly, to solve the problem of carrying and handling of electronic terminal devices that are too large, human beings have invented flip phones and projectors, and this problem has not been so tricky. Besides, wearable devices, such as watches, it is small itself, do not even curved screen, and, even curved screen, curved display only needs a fixed arc can be, simply do not need to be foldable, bendable.

What’s more, the vast majority of electronic devices are straight motherboards, placed on top of the chip and other core components are also designed in accordance with the straight screen, if the mass production of devices with curved screens, which is simply not realistic.

There is no market demand for this, what makes them do so, flexible screen suppliers how to convince electronic equipment manufacturers. The logic of the electronic device industry chain is: the market decides what the end device manufacturer produces, and upstream suppliers (such as screen suppliers) then adapt and support the end device manufacturer, rather than the other way around. There is a Chinese idiom of “cutting the foot to fit the shoe”, which means that no device producer will adapt to the flexible screen supplier.

Thus, the flexible screen fever that lasted for several years has been reduced to fire. Some “innovative companies” have run into trouble, some unpaid wages, some default on payments to suppliers. Of course, the flexible screen is not useless, in some segments, such as medical, it is bound to have a market. But the market is too subdivided, then the valuation is not high, so some companies in order to improve the valuation, with the help of all kinds of capital, hard to create a common people need a flexible screen “super market”, which is not right.

Bad luck, probably from greed.

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