Posts Tagged ‘camp’

Li Dongsheng: bar camp and killed a hard battle

 

   For

Li Dongsheng

For Life in a war time has come

“Internet Weekly” reports: the beginning of 2006 by not a few days, Mr. Li will glide to the United States, to announce his men TTE (

TCL

- Thomson Electronics Co., Ltd.) has seen the effectiveness of the integration of the news. Li Dongsheng optimistically expected to usher in 2006, TTE will be a turning point in the performance. In 2005, Li Dongsheng year are under tremendous pressure, Li Dongsheng now finally see the opportunity to turn around.

2005 12 30 , TCL Group officially launched the once a year Pre-losing announcement. If the once a year report in April 2006 when the official out of a loss, then it should be a turning point for Li Dongsheng? From 1993 he served as general manager of TCL 13-year description after the first full year loss after only in 2002 In the year there was a slight decrease in profits.

Li Dongsheng has told its early years, even if the once a year loss in 2005, and please do not panic, the world’s many large enterprises have had the experience of loss. But he still hoped that TCL can start a miracle in 2005.

Struggling TCL Group started selling its own part of the family property. December 10, TCL Group, a subsidiary of TCL announced the International Electrical (Huizhou) Co., Ltd and TCL Building Technology (Huizhou) Co., Ltd. were valued 1.45 billion yuan and 2.3 billion from the sale of Legrand to the French company. Business in the sale of electrical and building business before, TCL Group has suspended the 2.5G phone and cooling chips and other strategic acquisitions funding.

Most of these times will be adjusted Li Dongsheng TCL Group’s fiscal links with the link. But, Li Dongsheng TCL’s cash flow has everlastingly insisted there is no issue. He believes this is TCL sort of a proactive self-industrial layout adjustment, he hoped that the strategic adjustment of the sale and further optimization of resources, more focus on their core business.

Present, so that the reasons troubled Li Dongsheng TCL had come from the

Overseas markets

The two large acquisitions: acquisition of Thomson

TV

Alcatel’s business and acquisition

Mobile

Business. In 2004, these two acquisitions to Li Dongsheng fame. But, in 2005, Mr. Li started his experience of the past two years, scenery debt.

With the TCL Group and the company’s communications and multimedia company that the three joint venture companies as both a drag and continuous losses, the outside world on Li Dongsheng’s attitude quickly changed from the pursuit of the question. And Li Dongsheng themselves frankly stated that a lot of pressure, “The most scary thing is to see

Finance

Reports. ”

Thomson M & A before the TV business, Li Dongsheng, I may bring to this merger has a clear understanding of significant risks. “Interests with his life in order, not at the result of terrible fortune to dodge becoming.” Phrase from his past experience at the time, Li Dongsheng, a heart for the acquisition of

TNC

Assets, is not the only excitement, a small worried.

In the first half of 2005, Mr. Li has reflect on their own time over the past year in view of the fact that the strategic thinking, he has to find many subordinates, and consultants

Consulting

Explore the views of the current state of TCL. In the end, his end drawn is that while TCL’s situation is grim, but the international strategy and direction is really right. As soon as possible, if not globalization

Operation

, Just stick in the regional market, TCL’s color TV business hard to develop.

“Only through such a test, TCL can really get more in the possibility survival and development space.” TCL Group, in an internal management meeting, Li Dongsheng cheer for the subordinates, “the current crisis, is perilous, but also opportunities. As long as we firmly established the direction of walking, TCL will certainly develop into a truly international

Struggle

Multinational break down. ”

Li Dongsheng also borrowed Samsung,

BenQ

Examples of the two companies to encourage TCL staff morale, the two world-class companies have faced serious losses, but also are at a loss after the final grow into an brilliant multinational companies.

Joint venture is by no means useless. After the establishment of the TTE, Li Dongsheng finally got his long-awaited

Sell

Scale, TTE market in Europe and the United States every year for the TCL bring about 20 billion in sales. Li Dongsheng has become a truly comprehensive TV boss, TCL in the comprehensive TV industry’s influence greatly improved.