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Published at 25th of December 2023 05:16:38 AM


Chapter 335: 【Invest in mining! 】

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Chapter 335 [Invest in mining! 】

"The tape player mentioned by the chairman is completely feasible. I think we should set up a research and development working group for this tape music player!" Da Yi Shen said immediately.

Wu Guangyao saw that everyone agreed with his opinion, and said, “Well, let’s leave this to Sony for research and development, because it is an electrical appliance for entertainment.”

Wu Guangyao went on to say: “In the future, you can also set up Sony Music Entertainment, and directly devote yourself to the record industry and even the film industry.”

After hearing Wu Guangyao’s words, Akio Morita got up and said, “In the past two years, I have worked a lot in the United States, so I found that the recording industry does have a future for investment. The president is right. Personal entertainment can be Sony’s future direction. When the company is fully funded later, we can even invest in record companies and film companies in the United States, and slowly develop Sony’s entertainment department."

Wu Guangyao concluded: "Therefore, it is absolutely necessary for Sony to become a tier one subsidiary. However, it is still necessary to do it step by step. After sufficient funds have been accumulated, it will enter the record industry and film industry. Based on the production of tape recorders and phonographs, a research and development team for tape recorders was established at the same time."

Then talked about Lenovo Electronics. Lenovo Electronics is actually quite famous because it invested in a particularly famous company in Silicon Valley, that is, the eight rebellious electronics companies in Silicon Valley.

Wu Guangyao originally wanted to let eight people work for him directly, but he did not expect that he was rejected by the eight rebels because it was a foreign company;

However, after the eight rebels left the Shockley Semiconductor Lab, they did not have the funds to start the company, so Lenovo Electronics directly adopted the method of capital investment and formed a semiconductor company with the eight rebels-Crane Semiconductor.

Because the eight people had no money to rent a house or buy experimental equipment; they were moved by Lenovo's money offensive.

Thirty thousand US dollars, Lenovo Electronics owns 40% of the shares of Xianhe Semiconductor, and has the right to use Xianhe Semiconductor’s products.

You must know that in the original history, Fairchild Photographic Equipment Company only invested $3,000 in Fairchild Semiconductor, which shows Wu Guangyao's generosity.

Later, Crane Semiconductor and Texas Instruments jointly owned the patent for integrated circuits. Lenovo Electronics once again spent $1 million to purchase 30% of the shares of Crane Semiconductor and completely controlled Crane Semiconductor.

At the same time, Lenovo Electronics has not been idle for these years, and has made great progress in transistors and integrated circuits, and has become the leading semiconductor company in Dongying.

After the discussion on the structure of the   group company, Wu Guangyao also officially announced that Akio Morita and Tai Shen will become the vice presidents of Lenovo Group, which means that the two are more than half of the four directors.

"The weekly meeting of the ministers will be held by four ministers and two vice presidents. After the meeting, just call me to report."

After the meeting was over, Wu Guangyao summoned two vice presidents and four heads to his office.

Wu Guangyao said: “The company invests in a large factory again, which can produce 2 million TV sets and 3 million Trinitron tubes per year.”

Everyone was taken aback, how come there are 1 million more picture tubes every year!

"The chairman meant that Trinitron picture tubes can be sold to peers?" Akio Morita asked cautiously.

"Of course, it is better than selling patents! And we don't plan to sell patents." Wu Guangyao said, later Sony sold hundreds of millions of TV sets and 200 million Trinitron tubes.

"How about opening the new factory in the Keihin Industrial Zone?" suggested Ryohei Kimura of the management department.

"Yes, you can figure it out!"

The land in Ginza 2-chome was unsurprisingly taken by the Star Hotel for USD 7.5 million.

What Dongying consortium, Wu Guangyao doesn’t care about it at all. Doesn’t he have a consortium anymore?

My own consortium is stronger than them, because I am the absolute core of this consortium.

Since I know the future development of Ginza well, my bottom line is much more than that of Toyo's consortium.

For this piece of land, Wu Guangyao told Charles before the auction that 10 million US dollars is my bottom line.

Charles almost jumped up after hearing this. Is this boss panic burning his money?

Fortunately, in the end, it only spent 7.5 million US dollars, which is also considered to have earned 2.5 million US dollars.

Don’t look at the land area of ​​less than 7000 square meters, but because Ginza is a commercial area, there is no requirement for floor area ratio;

So, under the condition that only ten-storey buildings are allowed to be built, the Ritz Tokyo will be as stout as possible.

The purpose of this construction is not only to use more land, but also to withstand major earthquakes.

Of course, as far as Wu Guangyao knows, the big earthquake in Tokyo will not occur until 2011, which is 50 years away.

If the Ritz Hotel is affected by that time, it will not be a big deal if it is demolished and rebuilt.

"The site selection in Osaka, you ask the working group to pay close attention to it, and try to determine it in this year and next two years!"

Wu Guangyao intends to invest in two Ritz-Carlton hotels in Dongying at one time. As for the Shangri-La Hotel, we may have to wait until later, after all, Shangri-La Hotel is not well-known.

And the investment in a five-star hotel is more than 10 million US dollars, even if it is part of the loan, Wu Guangyao's pocketbook is very fast.

For example, the two Ritz hotels in Tokyo and Osaka, the total investment is expected to be about 28 million US dollars, and Wu Guangyao needs to spend at least 18 million US dollars.

And Wu Guangyao has always invested in mid-range Holiday Inn hotels in the United States, which is also a big investment.

"Well, I will! BOSS the hotel design of Ginza, you plan to hand it over to the Yangtze River Design Institute?" Charles revealed this worry on his face.

Wu Guangyao knew what Charles was worried about as soon as he looked at Charles’ expression, and said funnyly: “Do you think my Changjiang Design Institute can’t design the hotel in your mind?”

Charles nodded without hesitation, this American is straight.

"Don’t worry! Take the time to visit the Yangtze River Design Institute. It has already brought together European, American and Chinese designers, and we also have world-renowned designers as consultants. The strength is not worse than that of the American design institute."

"I will investigate, and if their design makes me unsatisfied, I will complain to you!"

Wu Guangyao will naturally not be angry after hearing this. Charles is considered a shareholder of Xingyao Hotel. Although he will be diluted, he is also a shareholder.

"Let's do it! Let's wait until the design drawings are ready!"

The last thing I did in Dongying was to go to Kurobe City and visit YKK Zipper Company.

After visiting the YKK zipper, Wu Guangyao expressed his satisfaction with Tadao Yoshida.

"If it weren't for the advantage of cheap labor on Hong Kong Island, it seems that the outcome of the two of us would be at least 50-50!" Wu Guangyao couldn't help sighing.

"I am not the chairman's opponent, the chairman knows me well, and I feel unpredictable for the chairman, so I will never be your opponent!" Tadao Yoshida said modestly.

"Haha, you are humble!"

Wu Guangyao continued: "I am here this time, besides visiting YKK, there is one more thing to discuss with you."

"Chairman, please speak!"

"What do you think of our investment in copper mining industries, such as copper mines in Brazil."

Tadao Yoshida’s face suddenly burst into light when he heard it. For him, the annual dividend is not the happiest, but Wu Guangyao allows YKK to increase investment projects and expand YKK’s diversification, which makes him the happiest.

"It is completely feasible. Dongying is a resource-poor country. If we invest in the mining industry, there must be a market; in addition, our zippers also need copper mines, which is just enough to satisfy ourselves."

"Well, you will do it later, and then send the plan to the PG zipper headquarters."

(End of this chapter)




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