TCL lost the information age.docVIP

 PAGE \* MERGEFORMAT 25 TCL lost the information age Well-known management guru Peter Drucker said: Innovation starts with abandon, it is not to implement the new measures, but rather what is discarded. Perhaps this sentence is now the most Li Dongsheng should see. Lock-IT Industry Let TCL feel frustration is that, when engaged in high-profile layout of the IT bubble dissipated on the Internet today, has become a liability to the group and all business not only failed to achieve the desired profit goals, listing all the plans come to nothing. For example TCL CEO Li Dongsheng, ‘IT’ the word two years ago, then it is no longer attractive. So far, TCL involved in all the Internet business were not originally expected to achieve earnings targets. Li Dongsheng at the beginning of a media interview, said, TCL’s strategic direction is to focus on color TV and mobile phones advantages to businesses big and strong and abroad. Careful people have found that Li Dongsheng of its IT business attitude suddenly changed. April 16, 2002, TCL Group Co., Ltd. founded Congress and the first general meeting of shareholders held at its headquarters in Huizhou. Information Industry Wu Shihong, general manager of TCL Corporation and TCL Computer’s leader Yeung none appear in the new board of directors. This is even more confirmed speculation that the outside world. TCL is now the situation four years ago began to get involved with the IT industry is a world of difference between simply catch on. In 1997, TCL invested 6 million acquisition of Beijing’s thinking software company, involved in the field of computer software. At that time, China’s IT industry have just entered a rapid growth period. Lenovo for the first time beyond the multinational brands, with 10% market share, sales volume of China won the first title, the domestic PC market showing rapid growth. Lenovo’s success of domestic enterprises is a great incentive. In early 1998, TCL carrying huge sums of money 50 millio