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Published at 25th of December 2023 05:18:46 AM


Chapter 257: 【Annual Summary Report·End】

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Chapter 257 [Annual Summary Report·End]

Wu Guangyao took his own flight to Dongying, and was deliberately pleased by a group of stewardesses. This made Wu Guangyao not only sigh, the rich, talented and handsome men and women are really incomprehensible!

It is conceivable that Wu Guangyao has worked hard to ensure his chastity!

It can be said that Lenovo Electric had a big explosion in 1955. With the TR-66 follow-up model TR-77 (lower cost), it established the position of the world's radio leader in one fell swoop, with annual sales of up to 500,000 units and a profit of 230. Ten thousand dollars; if Sony had not developed the DR-55 radio to compete, this sales could increase.

Although Sony has developed the same type of radio, Lenovo Electric still has an absolute advantage by virtue of its reputation as the world's first transistor radio (and the first transistor for civilian use) and its unique publicity methods.

The sales of rice cookers are as high as 220,000 units (the rice cookers used by Asian talents), with a net profit of 1.3 million US dollars. In this field, Lenovo Electric is the absolute leader. Not as many as Lenovo.

Among the three artifacts of electrical appliances, Lenovo’s electrical industry has ushered in an explosive period, and its overall sales have jumped to the fifth place in the sales ranking of Dongying electrical appliances. Among the electrical giants, it is no longer the bottom.

The three great electrical appliances contributed US$2.6 million in profits, and other small electrical appliances contributed US$600,000 in profits.

This means that Lenovo's profit in 1955 totaled US$6.8 million, and this profit could rank among the top three in Dongying.

The profit of a company that has been established for less than two years exceeds that of an electrical appliance company that has been established for decades. This is somewhat incredible!

But thinking about it, it feels nothing, because Lenovo Electric itself is the result of a strong alliance. It consists of several medium-sized electric appliance manufacturers and a dozen small electric appliance manufacturers; these medium-sized electric appliance manufacturers even surpassed them in a certain field before World War II. Big six.

Wu Guangyao needs to hold two meetings at the headquarters of Lenovo Electric, one is the ministerial meeting and the other is the full management meeting.

At the ministerial meeting, Wu Guangyao pointed out that color TVs must hurry up to research and develop and must become the first electrical appliance company in Dongying to produce color TVs.

After all, according to history, Dongying’s first color TV was in 1960, and there are still four years to develop, no matter how far it is, this achievement can be achieved even by spending money to buy technology from the United States.

"How many scientific and technical personnel does the Academia Sinica have?" Wu Guangyao asked concerned.

"600 employees, 500 employees from Toyo, 100 employees from overseas." Onogi replied.

Wu Guangyao is very satisfied with this answer. As far as Dongying is concerned, the technological power of Lenovo Electric is already very strong.

It costs more than 600,000 U.S. dollars a year to raise these scientific and technical personnel; the key is that all subsidiaries of Lenovo Electric also have individual product R&D personnel, the number is more than that of the Academia Sinica; in this way, the annual salary of R&D personnel will be Out of millions of dollars.

"Overseas sales of 8 million U.S. dollars, it looks very good, but if you put aside the sales of TR-77 radios, it should be the bottom of the seven major electrical appliances vendors?" Wu Guangyao asked, the meaning of the words is naturally Dissatisfied with overseas markets.

"Yes, but please rest assured, the president, that the second business department responsible for operating overseas businesses has been established; this year, we will definitely open up overseas markets, and overseas revenue will surely skyrocket." Ryohira Kimura said confidently.

Wu Guangyao nodded, the overseas market needs long-term accumulation, but it can't be increased at once!

By the second meeting, the number of participants was relatively large, with hundreds of managers, and many of these managers were shareholders.

"If Lenovo Electric wants to become a giant in the world's electric appliance industry, it only has to invest, invest, and invest again. Therefore, I decided that Lenovo will not pay dividends within five years, and all the profits will be used to increase the scale and strengthen the technology. Dividends are for paying more tomorrow!"

As soon as Wu Guangyao's words fell, thunderous applause broke out in the conference hall!

It can be seen that Wu Guangyao is already handy in inspiring people.

"The world has entered the electronic age, so I decided to set up a subsidiary of Lenovo Electric-Lenovo Electronics, hire the world's top scientific and technological personnel, research and development of transistor applications and integrated circuits, to make greater contributions to mankind. Lenovo Electronics start-up capital of 300 10,000 US dollars, I personally contributed 1.5 million US dollars, and Lenovo Electric contributed 1.5 million US dollars, each accounting for 50% of the shares." Wu Guangyao said.

"President, what is an integrated circuit?" an executive asked.

"Using a certain process, the transistors, resistors, capacitors, inductors and other components and wiring needed in a circuit are interconnected together, fabricated on a small or several small semiconductor wafers or dielectric substrates, and then packaged in a package Inside, it becomes a miniature structure with the required circuit functions. Simply put, it is a brain with wisdom. If we can develop it in the United States, then we will make history.” Wu Guangyao said boldly. For integrated circuits, Wu Guangyao has another plan, that is, to open a research institute in Silicon Valley and dig into the name of all the "Eight Rebellions" in Silicon Valley.

The management's eyes were full of shock, but he didn't expect that the president knew so much, he was simply a technical genius!

In fact, Wu Guangyao just mentioned a concept, but it is precisely this concept that humans need most!

For example, the well-known Dr. Shockley, whose skills and honors have been admired by scientists throughout the United States; after he founded the Shockley Semiconductor Laboratory, applications for letters came in, and they were all top scientists;

As a result, the "eight rebels" all fled, because they worked for a year and didn’t know what they had studied; in one year, the laboratory did not develop any decent products; to put it bluntly, there was no clear direction to let these Scientists can't see hope!

Wu Guangyao is different. Although he doesn't understand the specific technology, he understands the direction of technological development!

I believe that at that time, with huge financial resources and some ideas, it will be enough to make these people fall into their arms.

And Dongying’s scientists are not weak. In the past two years, they have already mastered transistor technology. To put it bluntly, it is a copycat of American technology.

Lenovo Electric is the same. Transistors can already be produced by themselves, and the cost is very low, which greatly reduces the cost of the radio.

The last stop    years ago was Oriental News.

At this time, the Oriental News had two best-selling newspapers, "Oriental Daily" and "Ming Pao", as well as a magazine "Economic Weekly", and soft power and a news agency within Asia.

Eastern News has been established for so many years, Wu Guangyao has not yet taken a cent, and all the money he earned has been invested.

However, this year, Wu Guangyao made a profit of 1 million Hong Kong dollars. Wu Guangyao planned to divide it up. He took 800,000 Hong Kong dollars, other shareholders took 100,000 Hong Kong dollars, and the remaining 100,000 Hong Kong dollars was used for employee year-end bonuses.

In the past few years, Oriental News will not make any more moves. At least it will be in the mid-1960s before investing in a TV station, and this TV station is free and in color.

The first TV station on Hong Kong Island was a British company. It developed a black-and-white cable TV station in 1957. It used a charging model. There were 600 users in that year and the monthly fee was 25 Hong Kong dollars. The TV station was an English station and the main service was Is a foreigner.

Wu Guangyao mainly dislikes black-and-white TV stations, so he decided to open a color TV station in the mid-1960s, named TVB TV station.

Wu Guangyao doesn't like to be too advanced in anything, so as not to change the social process!

For example, regarding integrated circuits, Wu Guangyao would choose to dig the "Eight Rebellions" in 1957, making the "Eight Rebellions" already disappointed in Shockley Semiconductor Lab.

The time for the successful development of integrated circuits only needs to be slightly earlier than that of Texas Instruments. Even if they are developed at the same time, they can still apply for patents.

In 1969, the US court ruled that Texas Instruments and Fairchild had legally recognized the integrated circuit as a simultaneous invention.

(End of this chapter)




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