EPISODE · Aug 4, 2026 · 25 MIN
镜鉴日本07 垂直整合扼杀日本制造
from 深蓝趋势:未来十年投资机会与风险
【本期主题】深度解剖垂直整合模式如何在数字化模块化时代自我绞杀——从"大和号战列舰"式的超级工厂陷阱,到政府父爱主义救助下的道德风险,再到瑞萨电子的断臂求生,揭示日本电子巨头在水平分工浪潮中的生死分野。【核心案例】夏普堺工厂(1万亿日元投资)为何在2024年才停产液晶面板?尔必达拿着国家队的巨额补贴为何仍在2012年破产?JDI的2000亿日元OLED研发资金为何被传统LCD部门偷偷挪用?瑞萨电子如何通过关闭十几家工厂、数万人大裁员、退出逻辑芯片市场,在汽车MCU领域实现20倍市值逆袭?
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镜鉴日本07 垂直整合扼杀日本制造
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