Chapter 241: [The first to develop transistor radio/television electronics
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Chapter 241 [The first to develop a transistor radio TV rice cooker] (two chapters in one, ask for a monthly pass!)
In the Qiaoxing conference room, Wu Guangyao summoned the management and technical staff for a meeting.
Kimura Ryohei and Li Jiaji also attended the meeting.
"It is not just Panasonic, Hitachi and other large electrical companies that stand in front of Qiaoxing; there are also reasons for Qiaoxing's old equipment and insufficient technical staff. Therefore, Lenovo Group will allocate 500,000 US dollars to improve these problems." Wu Guangyao said to the people in the conference room sitting in the main seat.
At this time, the conference room was crowded with people. These people are the most important components of Qiaoxing; as for the workers outside, they can be replaced at any time and grab a lot of them.
"Thank you for the strong support of the group company. As a subsidiary, Bridgestar will surely rise to the challenge. In the radio market, which big companies have torn a bit of meat from" Matsumoto Ichiro said excitedly, thinking that this boss really TMD rich.
“For Qiaoxing’s current inventory products, I hope that the sales department will quickly dispose of them at the cost price and return part of the funds.” Wu Guangyao said to the person in charge of the sales department.
"Hey, I will do it right away!"
"The company's existing products have begun to reduce production, and a new product project team has been established; this new product has confirmed the project team, and I will say it again. Now, I will ask President Matsumoto to determine the new project team."
Twenty minutes later, only 16 technical staff, 4 management staff were left in the office, as well as Wu Guangyao, Matsumoto Ichiro, Kimura Ryohei and Li Jiaji.
"The new product is the transistor radio. Compared with the tube radio, the transistor radio can be smaller in size, and can even fit in your pocket and consume less power."
"So, President Matsumoto immediately led the team to the United States to find Texas Instruments for cooperation. As far as I know, with the high yield of Texas Instruments transistors and the increase in production output, they also need the market to digest the transistors in their hands. At the same time, I also hope that you can learn more and build your own transistor business when you come back." Wu Guangyao said to the project team.
"Hi! But, will transistor radios cost too much?" Matsumoto Ichiro asked cautiously.
"This is a high-end product, of course, and we are also targeting high-end people; besides, the first person to eat crabs in everything has many advantages. Transistor radios are the future trend. As long as we are the first to succeed in research and development, then we Take the initiative, so as to break through the barriers of the six major electrical appliance manufacturers," Wu Guangyao said confidently.
"Hi, I get it! Thank you Mr. Wu for your advice!" Matsumoto Ichiro bent over and said.
The project team owner in the meeting room dare not underestimate Wu Guangyao now.
As far as Wu Guangyao knows, Texas Instruments originally provided transistors for the US military, but in early 1954, there was overcapacity due to the increase in transistor production capacity and yield. Therefore, Texas Instruments set its sights on private enterprises. First, it lobbied the major radio manufacturers in the United States to use transistors instead of tubes, but it was ruthlessly rejected.
Finally, the Regency Department of the Industrial Development Engineers Association of Indianapolis accepted this idea and developed the world’s first ultra-small transistor radio, which was put into the market at a high price.
A transistor radio costs at least $48, while the best tube radio only costs $15;
Although the price is high, it does not mean that there is no market. After all, the transistor radio is small in size and consumes less power;
The appearance of crystal radios sold 150,000 units in the United States in the first year.
Moreover, transistor radios are the trend, and as the cost of transistors decreases, there will be more advantages.
Wu Guangyao remembers that the first transistor radio seems to be released this winter;
8 hours, enough time for Qiaoxing to be developed in advance.
After all, Texas Instruments will also develop the part of the transistor; what Bridgestar needs more is to make the radio more compact and more beautiful.
The radio business has a place, and the next step is the television business.
Next, Wu Guangyao began to investigate everywhere, from Tokyo to Osaka, and then to Nagoya, looking for the most suitable TV manufacturer.
Finally, a company called Pioneer Electrical Appliances was acquired in Osaka for a full US$5.1 million.
Pioneer Electric not only produces TVs, but also produces electric fans, so the asking price is really high, and Wu Guangyao also has a premium purchase.
But Wu Guangyao thinks it’s worth it, because this pioneering electrical appliance manufacturer has an annual production capacity of 150,000 TV sets and 200,000 fans. There are only 530 technicians and 3,000 employees.
Of course, my own 5.1 million US dollars can be quite a lot, and my future purchasing power will be at least 500 million US dollars or more.
This time, Wu Guangyao did not leave any shares for Dongying, and bought it directly.
Wu Guangyao summoned all the technical staff and management. In the open space of the factory, Wu Guangyao initiated a mobilization order.
It is inevitable that the military will be unstable, so Wu Guangyao’s task today is to stabilize the military and unite these people to fight together.
"From today, I, Wu Guangyao, will be your boss. I am Chinese, and you are from Dongying. Many of you will definitely feel a little uncomfortable. I feel that working for me is a bit wronged, isn't it?" Wu Guangyao took an expansion. Yinqi, shouted to more than 600 management and technical personnel below.
The expressions of the Dongying people in the audience were different. Although they did not make a fuss, it can be seen that many of them despise Wu Guangyao, and even have the possibility of resignation.
"I can see it, you really feel wronged!"
"You feel aggrieved by working for me, so are you willing to work for yourself?"
"I decided to take out 20% of the shares, priced at 1 million US dollars, divided into 10,000 shares, and sold them to you. If you are willing to buy, you will be the shareholders of the company in the future and enjoy the annual company dividends; it does not matter if the money is not enough, you can choose to pay monthly Deduct a third of it until it is paid off."
"If you think you are talented, why bother to work for those outside bosses? Isn't it better to work for yourself?"
Wu Guangyao's words finally aroused the excitement of the public. It can be seen that these people are very useful to this word of working for themselves!
After the meeting, these people returned to their posts and finally settled down. They are no longer confused because of the change of bosses.
While Wu Guangyao organized an executive meeting to arrange the tasks of Pioneer Electronics.
"First of all, our TVs and TVs continue to be produced. I took a look at Pioneer TVs and electric fans. There is no technical difference between those produced by the six major electrical appliances giants, so we need to use more methods in sales. For example, we can Lower prices a little bit, under the slogan of "home appliances to the countryside, government subsidies", go to the suburbs or rural areas to promote sales, so as to temporarily avoid the edge of the six major appliance giants, this is called the strategy of encircling the city from the countryside." Wu Guangyao said .
"Chairman, this method is very good! In this way, we have also skipped agents in these places, and have greater profits, and customers have also got cheaper TV sets. Of course, we will also work hard for urban sales. of."
Speaking is the current president of Pioneer and the former vice president Oh Nogi.
The other executives all agreed, and Wu Guangyao could see that this was not flattering.
"I have two more projects that need to be carried out immediately. The first is to set up a transistor TV R&D team; the second is to set up a rice cooker R&D team," said Wu Guangyao.
For transistor TVs, Wu Guangyao is powerless, but Wu Guangyao still understands the principle of the rice cooker. After the project team is set up later, Wu Guangyao will give them the general working principle and let them develop secretly and strive to make the world. Became the first company to mass produce rice cookers.
In simple terms, the rice cooker is the stainless steel inner pot is placed on the heating plate, so that the bottom of the rice cooker is attached to the temperature-limiting and medium-temperature-sensitive soft magnet in the center of the heating plate. When cooking rice, when the rice cooking switch is pressed, the lever switch is driven by the suction force of the magnet to keep the power contacts on. When the rice is cooked, the temperature of the bottom of the pot increases continuously, and the suction force of the permanent magnetic ring increases with the temperature. However, when the water in the inner pot is evaporated and the temperature of the bottom of the pot reaches 103 degrees Celsius, the suction force of the magnetic ring is less than the elastic force of the spring on it, and the temperature limiter is pushed down by the spring, which drives the lever switch to cut off the power.
Even if Wu Guangyao knows a little bit simpler, these technicians can quickly carry out research and development success; but it is precisely that Wu Guangyao still knows a lot, so this rice cooker will be a representative work of Pioneer Electric in the future.
Maybe with this invention, Wu Guangyao can earn back several times the investment.
In this case, the current Pioneer factory is obviously not enough.
"President Ohno, can the company borrow $1 million? I want to build another factory." Wu Guangyao's 20% of the shares sold by Wu Guangyao must naturally be returned to Wu Guangyao and cannot be used for financing.
"Of course there is no problem. Our company is financially sound, and there is no problem even with a loan of 2 million US dollars."
"Then take a loan of 2 million US dollars!"
Onoki almost bit his tongue. This president is too willful!
Looking at Oh Yemu and the other executives a little dazed, Wu Guangyao explained: "Don't worry, first of all I can afford it, and secondly, the money is useful."
Dongying’s media was once again exploded. You must know that Pioneer Appliances is the leader of the second echelon of Dongying’s electrical industry. I did not expect to be acquired by a Hong Kong Islander. This is a bit uncomfortable for the people of Dongying.
What they didn’t know was that the original owner of Pioneer Appliances was close to 70 years old, and he was already incapable of his career, especially in the face of the six major household appliances industry giants; that’s fine, the key is that his son refused to come back in the United States. Pioneer Appliances is simply a successor. unmanned.
It is precisely because of this that Wu Guangyao can successfully acquire such a large electrical appliance factory.
When Wu Guangyao acquired Xianfeng Electric Factory, news media all over the world reported it.
The $5.1 million merger is obviously something worth reporting.
Wu Guangyao is still integrating Pioneer Electronics and Qiaoxing Radio, making the two companies become brother companies, and is preparing to change product names, all of which will be unified under the ‘Lenovo’ brand.
At this time, Wu Guangyao received an invitation, and that was the invitation of the Prime Minister of Dong Ying. He hoped that the two would meet.
Good fellow, Wu Guangyao suddenly felt like he was on fire!
Actually, Wu Guangyao absolutely hates Xiao Dongying, so he can’t avoid them when doing business;
After all, Hong Kong Island is so small and the market is so big, it can't accommodate the giant dragon Wu Guangyao.
Of course, the investment in Dongying is to make more money for Dongying and to steal him financially!
For example, Wu Guangyao’s investment in Dongying’s electrical appliance factory this time seems to be giving them money;
In fact, this is not the case. You must know that in the 1960s and 70s, Dongying's electrical appliances began to sell well all over the world. By investing now, I am sharing the profits that originally belonged to Dongying.
Of course, what Wu Guangyao values more is their talents and skills. After a certain period of time, these can be fed back to the headquarters of Hong Kong Island.
Furthermore, Dongying is only his first stop, and Wu Guangyao will not only invest in Dongying. Europe and the United States are both his own battlefields.
At present, 20 million US dollars have been spent on 6.5 million US dollars (the money for selling 20% of the shares has not been received), but there is another Dongying investment, that is, the port.
Taking advantage of this meeting with Prime Minister Dong Ying, it happened to be brought forward.
The meeting between Wu Guangyao and Prime Minister Dong Ying was done by the media.
As an official, the Prime Minister naturally welcomes businessmen like Wu Guangyao to invest in Dongying; and guarantees that Dongying will protect the legal rights of foreign businessmen from harm.
Wu Guangyao also said that Dongying is the most developed place in Asia, and its economic development is fast. He is very optimistic about Dongying and agrees with ‘the United States today is Japan’s tomorrow. 'This sentence.
In the middle of the meeting, Wu Guangyao proposed to establish two container terminals between Hong Kong Island and Dongying, and develop the first container ocean transportation system in the world.
The Prime Minister said that it sounds good, but we need to review it carefully and believe it will pass.
When left, Wu Guangyao received an office call from a leader of a country.
This call, I may not be able to make it!
After meeting with the prime minister, Wu Guangyao immediately received an interview request from the most important newspaper of Dongying, the Asahi Shimbun.
This is exactly what Wu Guangyao intended. Recently, I wanted to build momentum for the container terminal. This kind of media is a good medium.
"Hello, Mr. Wu! Can you tell us specifically, what is your so-called container ocean transportation concept?"
A reporter from the Asahi Shimbun first asked such a question. Obviously, Dongying people still don’t understand the concept of container ocean transportation, but they want to become the first country and region to be developed in the world.
Wu Guangyao gave a simple and clear explanation. The Asahi Shimbun’s reporter heard it and said: "This is a very advanced concept, at least to my ears. So does Mr. Wu plan to lease our wharf wholly, or Intend to cooperate with us!"
"I hope it is cooperation, because in my business dictionary, the four most important words are ‘cooperation and win-win’."
"But you bought YKK Zipper by reducing the price. Is this also a ‘win-win cooperation’?"
MD, this reporter saw that the interview was almost done, and he started to give himself a lot of information!
"We cut prices not to hit our opponents, but to release inventory; when the financial crisis of YKK zippers, no one can pull them. I remember Mr. Yoshida once confided to me that as long as there was someone who could lend He, then YKK zipper will definitely not go bankrupt or be acquired. In the end, Mr. Yoshida and Mr. Ito had to put down their bodies and come to my office for the company’s thousands of workers. Finally, the two of us joined forces and look at the current YKK Zipper has grown to more than 6000 workers."
The reporter stayed, this one is too shameless!
Next, the reporter also knows that no matter how hard you ask, this person has a way, so he gave up!
Wu Guangyao was much busier than on Hong Kong Island during his time in Dongying;
After a while, Dongying Shipyard held another reception and invited Wu Guangyao to participate.
These shipyards are Dongying’s local shipyards, not American owners like Mark Shipyard.
It turned out that Global Shipping took the initiative to place an order for two 30,000-ton oil tankers from Dongying’s local shipyard, which greatly shocked Dongying’s shipbuilding industry.
At this time, Dongying shipbuilding industry has just begun to develop, and it has no reputation at all;
The move of Global Shipping immediately ushered in the favor of the entire Dongying shipbuilding industry!
Only Wu Guangyao knows that he is also befriending these shipyards. You must know that giving charcoal in the snow is different from icing on the cake.
I give them orders at this node, and they will be grateful;
Of course, Global Shipping has also inspected it, and their shipbuilding technology has no major problems.
Why did Wu Guangyao do this? That's because Wu Guangyao knew that in seven or eight years, Dongying’s shipyards would not have time to make orders because their prices were only 80% of those in Europe and America, but the technology was slightly better.
So, they won’t even have time at that time, and they won’t even take orders anymore!
At that time, the relationship between Global Shipping and them would certainly not be rejected.
In the 1960s, Europe and the United States needed a lot of oil to develop their economies. At that time, oil tankers were needed. So this move was to make good these shipyards.
Regarding the container terminal proposal, the Dongying government gave a reply before Wu Guangyao was about to leave Dongying. It is feasible!
Wu Guangyao immediately took Li Ming to the Ministry of Economy, Trade and Industry and met with the Cabinet Minister Ryutaro Takahashi.
"Mr. Takahashi, your Dongying government did not give out any cash, so you would have a place for 49% of the shares. I understand. But you refused to sign the 99-year lease contract. Instead, you restrained all kinds of us. Cancellation; In this way, what can we do to protect foreign investors like us? At that time, we will invest a lot of money and sit up this port. You can kick us away for any reason. There is no such good thing in this world. "Wu Guangyao said angrily.
The people of Dongying are so shrewd. They invested several million dollars to get the terminal well. As a result, you have various constraints. If you violate your agreement, you will unilaterally cancel it. How can there be such a good thing.
"Mr. Wu, the 99-year lease contract is completely impossible. We can discuss those constraints in detail!" Takahashi Ryotaro said tit-for-tat.
When things have reached this point, Wu Guangyao also knows that doing business with a sovereign country can only make various concessions!
The final lease year is limited to 50 years, and various constraints have been reduced. Moreover, Dongying promises that, under any circumstances, Global Shipping can get a certain amount of compensation.
Wu Guangyao agreed. What if he doesn’t agree? If others know their own ideas, they can do it by themselves!
However, a country basically will not do this kind of piracy, just like the official purchase of China in later generations, even the Microsoft system is genuine, this is the face of a country.
You use pirated editions in a country. Wouldn’t it be a shame in the world!
So, at present, even if Dongying officials are optimistic about container ocean transportation, it is impossible to set aside and go it alone.
There will be updates tomorrow!
(End of this chapter)
Please report us if you find any errors so we can fix it asap!
Chapter 241 [The first to develop a transistor radio TV rice cooker] (two chapters in one, ask for a monthly pass!)
In the Qiaoxing conference room, Wu Guangyao summoned the management and technical staff for a meeting.
Kimura Ryohei and Li Jiaji also attended the meeting.
"It is not just Panasonic, Hitachi and other large electrical companies that stand in front of Qiaoxing; there are also reasons for Qiaoxing's old equipment and insufficient technical staff. Therefore, Lenovo Group will allocate 500,000 US dollars to improve these problems." Wu Guangyao said to the people in the conference room sitting in the main seat.
At this time, the conference room was crowded with people. These people are the most important components of Qiaoxing; as for the workers outside, they can be replaced at any time and grab a lot of them.
"Thank you for the strong support of the group company. As a subsidiary, Bridgestar will surely rise to the challenge. In the radio market, which big companies have torn a bit of meat from" Matsumoto Ichiro said excitedly, thinking that this boss really TMD rich.
“For Qiaoxing’s current inventory products, I hope that the sales department will quickly dispose of them at the cost price and return part of the funds.” Wu Guangyao said to the person in charge of the sales department.
"Hey, I will do it right away!"
"The company's existing products have begun to reduce production, and a new product project team has been established; this new product has confirmed the project team, and I will say it again. Now, I will ask President Matsumoto to determine the new project team."
Twenty minutes later, only 16 technical staff, 4 management staff were left in the office, as well as Wu Guangyao, Matsumoto Ichiro, Kimura Ryohei and Li Jiaji.
"The new product is the transistor radio. Compared with the tube radio, the transistor radio can be smaller in size, and can even fit in your pocket and consume less power."
"So, President Matsumoto immediately led the team to the United States to find Texas Instruments for cooperation. As far as I know, with the high yield of Texas Instruments transistors and the increase in production output, they also need the market to digest the transistors in their hands. At the same time, I also hope that you can learn more and build your own transistor business when you come back." Wu Guangyao said to the project team.
"Hi! But, will transistor radios cost too much?" Matsumoto Ichiro asked cautiously.
"This is a high-end product, of course, and we are also targeting high-end people; besides, the first person to eat crabs in everything has many advantages. Transistor radios are the future trend. As long as we are the first to succeed in research and development, then we Take the initiative, so as to break through the barriers of the six major electrical appliance manufacturers," Wu Guangyao said confidently.
"Hi, I get it! Thank you Mr. Wu for your advice!" Matsumoto Ichiro bent over and said.
The project team owner in the meeting room dare not underestimate Wu Guangyao now.
As far as Wu Guangyao knows, Texas Instruments originally provided transistors for the US military, but in early 1954, there was overcapacity due to the increase in transistor production capacity and yield. Therefore, Texas Instruments set its sights on private enterprises. First, it lobbied the major radio manufacturers in the United States to use transistors instead of tubes, but it was ruthlessly rejected.
Finally, the Regency Department of the Industrial Development Engineers Association of Indianapolis accepted this idea and developed the world’s first ultra-small transistor radio, which was put into the market at a high price.
A transistor radio costs at least $48, while the best tube radio only costs $15;
Although the price is high, it does not mean that there is no market. After all, the transistor radio is small in size and consumes less power;
The appearance of crystal radios sold 150,000 units in the United States in the first year.
Moreover, transistor radios are the trend, and as the cost of transistors decreases, there will be more advantages.
Wu Guangyao remembers that the first transistor radio seems to be released this winter;
8 hours, enough time for Qiaoxing to be developed in advance.
After all, Texas Instruments will also develop the part of the transistor; what Bridgestar needs more is to make the radio more compact and more beautiful.
The radio business has a place, and the next step is the television business.
Next, Wu Guangyao began to investigate everywhere, from Tokyo to Osaka, and then to Nagoya, looking for the most suitable TV manufacturer.
Finally, a company called Pioneer Electrical Appliances was acquired in Osaka for a full US$5.1 million.
Pioneer Electric not only produces TVs, but also produces electric fans, so the asking price is really high, and Wu Guangyao also has a premium purchase.
But Wu Guangyao thinks it’s worth it, because this pioneering electrical appliance manufacturer has an annual production capacity of 150,000 TV sets and 200,000 fans. There are only 530 technicians and 3,000 employees.
Of course, my own 5.1 million US dollars can be quite a lot, and my future purchasing power will be at least 500 million US dollars or more.
This time, Wu Guangyao did not leave any shares for Dongying, and bought it directly.
Wu Guangyao summoned all the technical staff and management. In the open space of the factory, Wu Guangyao initiated a mobilization order.
It is inevitable that the military will be unstable, so Wu Guangyao’s task today is to stabilize the military and unite these people to fight together.
"From today, I, Wu Guangyao, will be your boss. I am Chinese, and you are from Dongying. Many of you will definitely feel a little uncomfortable. I feel that working for me is a bit wronged, isn't it?" Wu Guangyao took an expansion. Yinqi, shouted to more than 600 management and technical personnel below.
The expressions of the Dongying people in the audience were different. Although they did not make a fuss, it can be seen that many of them despise Wu Guangyao, and even have the possibility of resignation.
"I can see it, you really feel wronged!"
"You feel aggrieved by working for me, so are you willing to work for yourself?"
"I decided to take out 20% of the shares, priced at 1 million US dollars, divided into 10,000 shares, and sold them to you. If you are willing to buy, you will be the shareholders of the company in the future and enjoy the annual company dividends; it does not matter if the money is not enough, you can choose to pay monthly Deduct a third of it until it is paid off."
"If you think you are talented, why bother to work for those outside bosses? Isn't it better to work for yourself?"
Wu Guangyao's words finally aroused the excitement of the public. It can be seen that these people are very useful to this word of working for themselves!
After the meeting, these people returned to their posts and finally settled down. They are no longer confused because of the change of bosses.
While Wu Guangyao organized an executive meeting to arrange the tasks of Pioneer Electronics.
"First of all, our TVs and TVs continue to be produced. I took a look at Pioneer TVs and electric fans. There is no technical difference between those produced by the six major electrical appliances giants, so we need to use more methods in sales. For example, we can Lower prices a little bit, under the slogan of "home appliances to the countryside, government subsidies", go to the suburbs or rural areas to promote sales, so as to temporarily avoid the edge of the six major appliance giants, this is called the strategy of encircling the city from the countryside." Wu Guangyao said .
"Chairman, this method is very good! In this way, we have also skipped agents in these places, and have greater profits, and customers have also got cheaper TV sets. Of course, we will also work hard for urban sales. of."
Speaking is the current president of Pioneer and the former vice president Oh Nogi.
The other executives all agreed, and Wu Guangyao could see that this was not flattering.
"I have two more projects that need to be carried out immediately. The first is to set up a transistor TV R&D team; the second is to set up a rice cooker R&D team," said Wu Guangyao.
For transistor TVs, Wu Guangyao is powerless, but Wu Guangyao still understands the principle of the rice cooker. After the project team is set up later, Wu Guangyao will give them the general working principle and let them develop secretly and strive to make the world. Became the first company to mass produce rice cookers.
In simple terms, the rice cooker is the stainless steel inner pot is placed on the heating plate, so that the bottom of the rice cooker is attached to the temperature-limiting and medium-temperature-sensitive soft magnet in the center of the heating plate. When cooking rice, when the rice cooking switch is pressed, the lever switch is driven by the suction force of the magnet to keep the power contacts on. When the rice is cooked, the temperature of the bottom of the pot increases continuously, and the suction force of the permanent magnetic ring increases with the temperature. However, when the water in the inner pot is evaporated and the temperature of the bottom of the pot reaches 103 degrees Celsius, the suction force of the magnetic ring is less than the elastic force of the spring on it, and the temperature limiter is pushed down by the spring, which drives the lever switch to cut off the power.
Even if Wu Guangyao knows a little bit simpler, these technicians can quickly carry out research and development success; but it is precisely that Wu Guangyao still knows a lot, so this rice cooker will be a representative work of Pioneer Electric in the future.
Maybe with this invention, Wu Guangyao can earn back several times the investment.
In this case, the current Pioneer factory is obviously not enough.
"President Ohno, can the company borrow $1 million? I want to build another factory." Wu Guangyao's 20% of the shares sold by Wu Guangyao must naturally be returned to Wu Guangyao and cannot be used for financing.
"Of course there is no problem. Our company is financially sound, and there is no problem even with a loan of 2 million US dollars."
"Then take a loan of 2 million US dollars!"
Onoki almost bit his tongue. This president is too willful!
Looking at Oh Yemu and the other executives a little dazed, Wu Guangyao explained: "Don't worry, first of all I can afford it, and secondly, the money is useful."
Dongying’s media was once again exploded. You must know that Pioneer Appliances is the leader of the second echelon of Dongying’s electrical industry. I did not expect to be acquired by a Hong Kong Islander. This is a bit uncomfortable for the people of Dongying.
What they didn’t know was that the original owner of Pioneer Appliances was close to 70 years old, and he was already incapable of his career, especially in the face of the six major household appliances industry giants; that’s fine, the key is that his son refused to come back in the United States. Pioneer Appliances is simply a successor. unmanned.
It is precisely because of this that Wu Guangyao can successfully acquire such a large electrical appliance factory.
When Wu Guangyao acquired Xianfeng Electric Factory, news media all over the world reported it.
The $5.1 million merger is obviously something worth reporting.
Wu Guangyao is still integrating Pioneer Electronics and Qiaoxing Radio, making the two companies become brother companies, and is preparing to change product names, all of which will be unified under the ‘Lenovo’ brand.
At this time, Wu Guangyao received an invitation, and that was the invitation of the Prime Minister of Dong Ying. He hoped that the two would meet.
Good fellow, Wu Guangyao suddenly felt like he was on fire!
Actually, Wu Guangyao absolutely hates Xiao Dongying, so he can’t avoid them when doing business;
After all, Hong Kong Island is so small and the market is so big, it can't accommodate the giant dragon Wu Guangyao.
Of course, the investment in Dongying is to make more money for Dongying and to steal him financially!
For example, Wu Guangyao’s investment in Dongying’s electrical appliance factory this time seems to be giving them money;
In fact, this is not the case. You must know that in the 1960s and 70s, Dongying's electrical appliances began to sell well all over the world. By investing now, I am sharing the profits that originally belonged to Dongying.
Of course, what Wu Guangyao values more is their talents and skills. After a certain period of time, these can be fed back to the headquarters of Hong Kong Island.
Furthermore, Dongying is only his first stop, and Wu Guangyao will not only invest in Dongying. Europe and the United States are both his own battlefields.
At present, 20 million US dollars have been spent on 6.5 million US dollars (the money for selling 20% of the shares has not been received), but there is another Dongying investment, that is, the port.
Taking advantage of this meeting with Prime Minister Dong Ying, it happened to be brought forward.
The meeting between Wu Guangyao and Prime Minister Dong Ying was done by the media.
As an official, the Prime Minister naturally welcomes businessmen like Wu Guangyao to invest in Dongying; and guarantees that Dongying will protect the legal rights of foreign businessmen from harm.
Wu Guangyao also said that Dongying is the most developed place in Asia, and its economic development is fast. He is very optimistic about Dongying and agrees with ‘the United States today is Japan’s tomorrow. 'This sentence.
In the middle of the meeting, Wu Guangyao proposed to establish two container terminals between Hong Kong Island and Dongying, and develop the first container ocean transportation system in the world.
The Prime Minister said that it sounds good, but we need to review it carefully and believe it will pass.
When left, Wu Guangyao received an office call from a leader of a country.
This call, I may not be able to make it!
After meeting with the prime minister, Wu Guangyao immediately received an interview request from the most important newspaper of Dongying, the Asahi Shimbun.
This is exactly what Wu Guangyao intended. Recently, I wanted to build momentum for the container terminal. This kind of media is a good medium.
"Hello, Mr. Wu! Can you tell us specifically, what is your so-called container ocean transportation concept?"
A reporter from the Asahi Shimbun first asked such a question. Obviously, Dongying people still don’t understand the concept of container ocean transportation, but they want to become the first country and region to be developed in the world.
Wu Guangyao gave a simple and clear explanation. The Asahi Shimbun’s reporter heard it and said: "This is a very advanced concept, at least to my ears. So does Mr. Wu plan to lease our wharf wholly, or Intend to cooperate with us!"
"I hope it is cooperation, because in my business dictionary, the four most important words are ‘cooperation and win-win’."
"But you bought YKK Zipper by reducing the price. Is this also a ‘win-win cooperation’?"
MD, this reporter saw that the interview was almost done, and he started to give himself a lot of information!
"We cut prices not to hit our opponents, but to release inventory; when the financial crisis of YKK zippers, no one can pull them. I remember Mr. Yoshida once confided to me that as long as there was someone who could lend He, then YKK zipper will definitely not go bankrupt or be acquired. In the end, Mr. Yoshida and Mr. Ito had to put down their bodies and come to my office for the company’s thousands of workers. Finally, the two of us joined forces and look at the current YKK Zipper has grown to more than 6000 workers."
The reporter stayed, this one is too shameless!
Next, the reporter also knows that no matter how hard you ask, this person has a way, so he gave up!
Wu Guangyao was much busier than on Hong Kong Island during his time in Dongying;
After a while, Dongying Shipyard held another reception and invited Wu Guangyao to participate.
These shipyards are Dongying’s local shipyards, not American owners like Mark Shipyard.
It turned out that Global Shipping took the initiative to place an order for two 30,000-ton oil tankers from Dongying’s local shipyard, which greatly shocked Dongying’s shipbuilding industry.
At this time, Dongying shipbuilding industry has just begun to develop, and it has no reputation at all;
The move of Global Shipping immediately ushered in the favor of the entire Dongying shipbuilding industry!
Only Wu Guangyao knows that he is also befriending these shipyards. You must know that giving charcoal in the snow is different from icing on the cake.
I give them orders at this node, and they will be grateful;
Of course, Global Shipping has also inspected it, and their shipbuilding technology has no major problems.
Why did Wu Guangyao do this? That's because Wu Guangyao knew that in seven or eight years, Dongying’s shipyards would not have time to make orders because their prices were only 80% of those in Europe and America, but the technology was slightly better.
So, they won’t even have time at that time, and they won’t even take orders anymore!
At that time, the relationship between Global Shipping and them would certainly not be rejected.
In the 1960s, Europe and the United States needed a lot of oil to develop their economies. At that time, oil tankers were needed. So this move was to make good these shipyards.
Regarding the container terminal proposal, the Dongying government gave a reply before Wu Guangyao was about to leave Dongying. It is feasible!
Wu Guangyao immediately took Li Ming to the Ministry of Economy, Trade and Industry and met with the Cabinet Minister Ryutaro Takahashi.
"Mr. Takahashi, your Dongying government did not give out any cash, so you would have a place for 49% of the shares. I understand. But you refused to sign the 99-year lease contract. Instead, you restrained all kinds of us. Cancellation; In this way, what can we do to protect foreign investors like us? At that time, we will invest a lot of money and sit up this port. You can kick us away for any reason. There is no such good thing in this world. "Wu Guangyao said angrily.
The people of Dongying are so shrewd. They invested several million dollars to get the terminal well. As a result, you have various constraints. If you violate your agreement, you will unilaterally cancel it. How can there be such a good thing.
"Mr. Wu, the 99-year lease contract is completely impossible. We can discuss those constraints in detail!" Takahashi Ryotaro said tit-for-tat.
When things have reached this point, Wu Guangyao also knows that doing business with a sovereign country can only make various concessions!
The final lease year is limited to 50 years, and various constraints have been reduced. Moreover, Dongying promises that, under any circumstances, Global Shipping can get a certain amount of compensation.
Wu Guangyao agreed. What if he doesn’t agree? If others know their own ideas, they can do it by themselves!
However, a country basically will not do this kind of piracy, just like the official purchase of China in later generations, even the Microsoft system is genuine, this is the face of a country.
You use pirated editions in a country. Wouldn’t it be a shame in the world!
So, at present, even if Dongying officials are optimistic about container ocean transportation, it is impossible to set aside and go it alone.
There will be updates tomorrow!
(End of this chapter)
Chapter 241 The first to develop a transistor radio TV rice cooker two chapters in one, ask for a monthly pass!In the Qiaoxing conference room, Wu Guangyao summoned the management and technical staff for a meeting.Kimura Ryohei and Li Jiaji also attended the meeting."It is not just Panasonic, Hitachi and other large electrical companies that stand in front of Qiaoxing; there are also reasons for Qiaoxing's old equipment and insufficient technical staff. Therefore, Lenovo Group will allocate 500,000 US dollars to improve these problems." Wu Guangyao said to the people in the conference room sitting in the main seat.At this time, the conference room was crowded with people. These people are the most important components of Qiaoxing; as for the workers outside, they can be replaced at any time and grab a lot of them."Thank you for the strong support of the group company. As a subsidiary, Bridgestar will surely rise to the challenge. In the radio market, which big companies have torn a bit of meat from" Matsumoto Ichiro said excitedly, thinking that this boss really TMD rich.For Qiaoxing's current inventory products, I hope that the sales department will quickly dispose of them at the cost price and return part of the funds. Wu Guangyao said to the person in charge of the sales department."Hey, I will do it right away!""The company's existing products have begun to reduce production, and a new product project team has been established; this new product has confirmed the project team, and I will say it again. Now, I will ask President Matsumoto to determine the new project team."Twenty minutes later, only 16 technical staff, 4 management staff were left in the office, as well as Wu Guangyao, Matsumoto Ichiro, Kimura Ryohei and Li Jiaji."The new product is the transistor radio. Compared with the tube radio, the transistor radio can be smaller in size, and can even fit in your pocket and consume less power.""So, President Matsumoto immediately led the team to the United States to find Texas Instruments for cooperation. As far as I know, with the high yield of Texas Instruments transistors and the increase in production output, they also need the market to digest the transistors in their hands. At the same time, I also hope that you can learn more and build your own transistor business when you come back." Wu Guangyao said to the project team."Hi! But, will transistor radios cost too much?" Matsumoto Ichiro asked cautiously."This is a high-end product, of course, and we are also targeting high-end people; besides, the first person to eat crabs in everything has many advantages. Transistor radios are the future trend. As long as we are the first to succeed in research and development, then we Take the initiative, so as to break through the barriers of the six major electrical appliance manufacturers," Wu Guangyao said confidently."Hi, I get it! Thank you Mr. Wu for your advice!" Matsumoto Ichiro bent over and said.The project team owner in the meeting room dare not underestimate Wu Guangyao now.As far as Wu Guangyao knows, Texas Instruments originally provided transistors for the US military, but in early 1954, there was overcapacity due to the increase in transistor production capacity and yield. Therefore, Texas Instruments set its sights on private enterprises. First, it lobbied the major radio manufacturers in the United States to use transistors instead of tubes, but it was ruthlessly rejected.Finally, the Regency Department of the Industrial Development Engineers Association of Indianapolis accepted this idea and developed the world's first ultra-small transistor radio, which was put into the market at a high price.A transistor radio costs at least $48, while the best tube radio only costs $15;Although the price is high, it does not mean that there is no market. After all, the transistor radio is small in size and consumes less power;The appearance of crystal radios sold 150,000 units in the United States in the first year.Moreover, transistor radios are the trend, and as the cost of transistors decreases, there will be more advantages.Wu Guangyao remembers that the first transistor radio seems to be released this winter;8 hours, enough time for Qiaoxing to be developed in advance.After all, Texas Instruments will also develop the part of the transistor; what Bridgestar needs more is to make the radio more compact and more beautiful.The radio business has a place, and the next step is the television business.Next, Wu Guangyao began to investigate everywhere, from Tokyo to Osaka, and then to Nagoya, looking for the most suitable TV manufacturer.Finally, a company called Pioneer Electrical Appliances was acquired in Osaka for a full US$5.1 million.Pioneer Electric not only produces TVs, but also produces electric fans, so the asking price is really high, and Wu Guangyao also has a premium purchase.But Wu Guangyao thinks it's worth it, because this pioneering electrical appliance manufacturer has an annual production capacity of 150,000 TV sets and 200,000 fans. There are only 530 technicians and 3,000 employees.Of course, my own 5.1 million US dollars can be quite a lot, and my future purchasing power will be at least 500 million US dollars or more.This time, Wu Guangyao did not leave any shares for Dongying, and bought it directly.Wu Guangyao summoned all the technical staff and management. In the open space of the factory, Wu Guangyao initiated a mobilization order.It is inevitable that the military will be unstable, so Wu Guangyao's task today is to stabilize the military and unite these people to fight together."From today, I, Wu Guangyao, will be your boss. I am Chinese, and you are from Dongying. Many of you will definitely feel a little uncomfortable. I feel that working for me is a bit wronged, isn't it?" Wu Guangyao took an expansion. Yinqi, shouted to more than 600 management and technical personnel below.The expressions of the Dongying people in the audience were different. Although they did not make a fuss, it can be seen that many of them despise Wu Guangyao, and even have the possibility of resignation."I can see it, you really feel wronged!""You feel aggrieved by working for me, so are you willing to work for yourself?""I decided to take out 20% of the shares, priced at 1 million US dollars, divided into 10,000 shares, and sold them to you. If you are willing to buy, you will be the shareholders of the company in the future and enjoy the annual company dividends; it does not matter if the money is not enough, you can choose to pay monthly Deduct a third of it until it is paid off.""If you think you are talented, why bother to work for those outside bosses? Isn't it better to work for yourself?"Wu Guangyao's words finally aroused the excitement of the public. It can be seen that these people are very useful to this word of working for themselves!After the meeting, these people returned to their posts and finally settled down. They are no longer confused because of the change of bosses.While Wu Guangyao organized an executive meeting to arrange the tasks of Pioneer Electronics."First of all, our TVs and TVs continue to be produced. I took a look at Pioneer TVs and electric fans. There is no technical difference between those produced by the six major electrical appliances giants, so we need to use more methods in sales. For example, we can Lower prices a little bit, under the slogan of "home appliances to the countryside, government subsidies", go to the suburbs or rural areas to promote sales, so as to temporarily avoid the edge of the six major appliance giants, this is called the strategy of encircling the city from the countryside." Wu Guangyao said ."Chairman, this method is very good! In this way, we have also skipped agents in these places, and have greater profits, and customers have also got cheaper TV sets. Of course, we will also work hard for urban sales. of."Speaking is the current president of Pioneer and the former vice president Oh Nogi.The other executives all agreed, and Wu Guangyao could see that this was not flattering."I have two more projects that need to be carried out immediately. The first is to set up a transistor TV R&D team; the second is to set up a rice cooker R&D team," said Wu Guangyao.For transistor TVs, Wu Guangyao is powerless, but Wu Guangyao still understands the principle of the rice cooker. After the project team is set up later, Wu Guangyao will give them the general working principle and let them develop secretly and strive to make the world. Became the first company to mass produce rice cookers.In simple terms, the rice cooker is the stainless steel inner pot is placed on the heating plate, so that the bottom of the rice cooker is attached to the temperature-limiting and medium-temperature-sensitive soft magnet in the center of the heating plate. When cooking rice, when the rice cooking switch is pressed, the lever switch is driven by the suction force of the magnet to keep the power contacts on. When the rice is cooked, the temperature of the bottom of the pot increases continuously, and the suction force of the permanent magnetic ring increases with the temperature. However, when the water in the inner pot is evaporated and the temperature of the bottom of the pot reaches 103 degrees Celsius, the suction force of the magnetic ring is less than the elastic force of the spring on it, and the temperature limiter is pushed down by the spring, which drives the lever switch to cut off the power.Even if Wu Guangyao knows a little bit simpler, these technicians can quickly carry out research and development success; but it is precisely that Wu Guangyao still knows a lot, so this rice cooker will be a representative work of Pioneer Electric in the future.Maybe with this invention, Wu Guangyao can earn back several times the investment.In this case, the current Pioneer factory is obviously not enough."President Ohno, can the company borrow $1 million? I want to build another factory." Wu Guangyao's 20% of the shares sold by Wu Guangyao must naturally be returned to Wu Guangyao and cannot be used for financing."Of course there is no problem. Our company is financially sound, and there is no problem even with a loan of 2 million US dollars.""Then take a loan of 2 million US dollars!"Onoki almost bit his tongue. This president is too willful!Looking at Oh Yemu and the other executives a little dazed, Wu Guangyao explained: "Don't worry, first of all I can afford it, and secondly, the money is useful."Dongying's media was once again exploded. You must know that Pioneer Appliances is the leader of the second echelon of Dongying's electrical industry. I did not expect to be acquired by a Hong Kong Islander. This is a bit uncomfortable for the people of Dongying.What they didn't know was that the original owner of Pioneer Appliances was close to 70 years old, and he was already incapable of his career, especially in the face of the six major household appliances industry giants; that's fine, the key is that his son refused to come back in the United States. Pioneer Appliances is simply a successor. unmanned.It is precisely because of this that Wu Guangyao can successfully acquire such a large electrical appliance factory.When Wu Guangyao acquired Xianfeng Electric Factory, news media all over the world reported it.The $5.1 million merger is obviously something worth reporting.Wu Guangyao is still integrating Pioneer Electronics and Qiaoxing Radio, making the two companies become brother companies, and is preparing to change product names, all of which will be unified under the Lenovo' brand.At this time, Wu Guangyao received an invitation, and that was the invitation of the Prime Minister of Dong Ying. He hoped that the two would meet.Good fellow, Wu Guangyao suddenly felt like he was on fire!Actually, Wu Guangyao absolutely hates Xiao Dongying, so he can't avoid them when doing business;After all, Hong Kong Island is so small and the market is so big, it can't accommodate the giant dragon Wu Guangyao.Of course, the investment in Dongying is to make more money for Dongying and to steal him financially!For example, Wu Guangyao's investment in Dongying's electrical appliance factory this time seems to be giving them money;In fact, this is not the case. You must know that in the 1960s and 70s, Dongying's electrical appliances began to sell well all over the world. By investing now, I am sharing the profits that originally belonged to Dongying.Of course, what Wu Guangyao values more is their talents and skills. After a certain period of time, these can be fed back to the headquarters of Hong Kong Island.Furthermore, Dongying is only his first stop, and Wu Guangyao will not only invest in Dongying. Europe and the United States are both his own battlefields.At present, 20 million US dollars have been spent on 6.5 million US dollars the money for selling 20% of the shares has not been received, but there is another Dongying investment, that is, the port.Taking advantage of this meeting with Prime Minister Dong Ying, it happened to be brought forward.The meeting between Wu Guangyao and Prime Minister Dong Ying was done by the media.As an official, the Prime Minister naturally welcomes businessmen like Wu Guangyao to invest in Dongying; and guarantees that Dongying will protect the legal rights of foreign businessmen from harm.Wu Guangyao also said that Dongying is the most developed place in Asia, and its economic development is fast. He is very optimistic about Dongying and agrees with the United States today is Japan's tomorrow. 'This sentence.In the middle of the meeting, Wu Guangyao proposed to establish two container terminals between Hong Kong Island and Dongying, and develop the first container ocean transportation system in the world.The Prime Minister said that it sounds good, but we need to review it carefully and believe it will pass.When left, Wu Guangyao received an office call from a leader of a country.This call, I may not be able to make it!After meeting with the prime minister, Wu Guangyao immediately received an interview request from the most important newspaper of Dongying, the Asahi Shimbun.This is exactly what Wu Guangyao intended. Recently, I wanted to build momentum for the container terminal. This kind of media is a good medium."Hello, Mr. Wu! Can you tell us specifically, what is your so-called container ocean transportation concept?"A reporter from the Asahi Shimbun first asked such a question. Obviously, Dongying people still don't understand the concept of container ocean transportation, but they want to become the first country and region to be developed in the world.Wu Guangyao gave a simple and clear explanation. The Asahi Shimbun's reporter heard it and said: "This is a very advanced concept, at least to my ears. So does Mr. Wu plan to lease our wharf wholly, or Intend to cooperate with us!""I hope it is cooperation, because in my business dictionary, the four most important words are cooperation and win-win'.""But you bought YKK Zipper by reducing the price. Is this also a win-win cooperation'?"MD, this reporter saw that the interview was almost done, and he started to give himself a lot of information!"We cut prices not to hit our opponents, but to release inventory; when the financial crisis of YKK zippers, no one can pull them. I remember Mr. Yoshida once confided to me that as long as there was someone who could lend He, then YKK zipper will definitely not go bankrupt or be acquired. In the end, Mr. Yoshida and Mr. Ito had to put down their bodies and come to my office for the company's thousands of workers. Finally, the two of us joined forces and look at the current YKK Zipper has grown to more than 6000 workers."The reporter stayed, this one is too shameless!Next, the reporter also knows that no matter how hard you ask, this person has a way, so he gave up!Wu Guangyao was much busier than on Hong Kong Island during his time in Dongying;After a while, Dongying Shipyard held another reception and invited Wu Guangyao to participate.These shipyards are Dongying's local shipyards, not American owners like Mark Shipyard.It turned out that Global Shipping took the initiative to place an order for two 30,000-ton oil tankers from Dongying's local shipyard, which greatly shocked Dongying's shipbuilding industry.At this time, Dongying shipbuilding industry has just begun to develop, and it has no reputation at all;The move of Global Shipping immediately ushered in the favor of the entire Dongying shipbuilding industry!Only Wu Guangyao knows that he is also befriending these shipyards. You must know that giving charcoal in the snow is different from icing on the cake.I give them orders at this node, and they will be grateful;Of course, Global Shipping has also inspected it, and their shipbuilding technology has no major problems.Why did Wu Guangyao do this? That's because Wu Guangyao knew that in seven or eight years, Dongying's shipyards would not have time to make orders because their prices were only 80% of those in Europe and America, but the technology was slightly better.So, they won't even have time at that time, and they won't even take orders anymore!At that time, the relationship between Global Shipping and them would certainly not be rejected.In the 1960s, Europe and the United States needed a lot of oil to develop their economies. At that time, oil tankers were needed. So this move was to make good these shipyards.Regarding the container terminal proposal, the Dongying government gave a reply before Wu Guangyao was about to leave Dongying. It is feasible!Wu Guangyao immediately took Li Ming to the Ministry of Economy, Trade and Industry and met with the Cabinet Minister Ryutaro Takahashi."Mr. Takahashi, your Dongying government did not give out any cash, so you would have a place for 49% of the shares. I understand. But you refused to sign the 99-year lease contract. Instead, you restrained all kinds of us. Cancellation; In this way, what can we do to protect foreign investors like us? At that time, we will invest a lot of money and sit up this port. You can kick us away for any reason. There is no such good thing in this world. "Wu Guangyao said angrily.The people of Dongying are so shrewd. They invested several million dollars to get the terminal well. As a result, you have various constraints. If you violate your agreement, you will unilaterally cancel it. How can there be such a good thing."Mr. Wu, the 99-year lease contract is completely impossible. We can discuss those constraints in detail!" Takahashi Ryotaro said tit-for-tat.When things have reached this point, Wu Guangyao also knows that doing business with a sovereign country can only make various concessions!The final lease year is limited to 50 years, and various constraints have been reduced. Moreover, Dongying promises that, under any circumstances, Global Shipping can get a certain amount of compensation.Wu Guangyao agreed. What if he doesn't agree? If others know their own ideas, they can do it by themselves!However, a country basically will not do this kind of piracy, just like the official purchase of China in later generations, even the Microsoft system is genuine, this is the face of a country.You use pirated editions in a country. Wouldn't it be a shame in the world!So, at present, even if Dongying officials are optimistic about container ocean transportation, it is impossible to set aside and go it alone.There will be updates tomorrow!End of this chapter
