LATEST UPDATES

Published at 25th of December 2023 05:13:15 AM


Chapter 446: [Annual Report of Lenovo Group]

If audio player doesn't work, press Stop then Play button again








Chapter 446【Lenovo Group's Annual Report】

In mid-January, Wu Guangyao came to Dongying and spent five days visiting important factories and important departments of Lenovo Group;

Group President Akio Morita, Group Vice President Jing Shenda, Group Vice President Jerry, and three executives accompanied.

After five days of visits, Wu Guangyao's confidence in Lenovo Group is even better;

Lenovo Group has three first-tier subsidiaries, namely Lenovo Electric, Lenovo Electronics, and Sony;

Lenovo Electric's main research and development and production: TV sets, washing machines, refrigerators, air conditioners and other household appliances;

Sony is divided into two fields, electronics and entertainment (recording industry). Electronic products include: radio (recording) audio players, camcorders, video recorders, record players, etc.;

Lenovo Electronics mainly researches and develops semiconductor integrated circuits, as well as some basic scientific research.

Lenovo Group had a global turnover of 1.8 billion U.S. dollars last year (1968), and a net profit of 160 million U.S. dollars;

Growing so fast, Wu Guangyao was very surprised;

However, of the US$1.8 billion in turnover, US$1.2 billion is TV sales;

Lenovo Group sold 1.8 million Trinitron color TVs and 1 million Trinitron picture tubes last year.

Lenovo Group Meeting Room

Wu Guangyao is giving face-to-face talks to six executives to set new goals.

Morita Akio, Inobu University, Jerry, Li Jiaji, Onoki, and Kimura Ryohei are still these six executives.

Wu Guangyao said: “Although Sony has developed well over the years, it still has a certain gap with other electrical and electronic companies in Dongying.”

Everyone stunned, I don’t know what the boss said about this?

Because Sony’s development of entertainment equipment (excluding TV sets) and entertainment business is a strategy formulated by the group company;

Sony, Lenovo Electric, and Lenovo Electronics have no importance to the Lenovo Group, only the difference in business.

If there is a gap between Sony and Lenovo, then the gap between Lenovo Electronics is even greater;

Because of the research and development of the semiconductor integrated circuit of Lenovo Electronics, it is purely for Lenovo Electric and Sony.

Jing Shen Da reacted the fastest and said: "The chairman meant that you have a vision for new entertainment equipment?"

Everyone suddenly, that's it!

Sony still develops entertainment equipment, but that doesn’t mean it can’t catch up with Lenovo!

Wu Guangyao smiled and nodded, don’t think he doesn’t understand technology, but he understands the product;

Therefore, the middle and high-level people of Lenovo Group were convinced and admired Wu Guangyao.

Wu Guangyao said: “I have thought of the third item about Sony’s development projects!”

Everyone hurriedly recorded, for fear of missing a punctuation mark.

"The first project, you should know that I used the slogan of'entertainment first' on the premise; when people's living standards improve, there will be an urgent need for new entertainment products. Seven years ago, I asked you to develop tape players. , Tape recorder; tape is cheap to manufacture and easy to carry. These excellent characteristics will make "listening to music" truly a popular entertainment that all classes of society can afford.

At present, we have achieved certain results in tape players and tape recorders, but we have no obvious advantages!

So, I ask you to reduce the size of the tape player to me, to the extent that it is convenient to carry;

In this way, people all over the world who like music will not be able to refuse its allure.

Think about it, a palm-sized tape player, hung around your waist, plugged in headphones, and immersed in music. This is a fashion.

So, I suggest: remove the recording function of the tape player, add a stereo, commercial tape player;

As for this product, let’s call it ‘Walman’! "

After listening to Wu Guangyao's words, everyone thought.

First of all, technically speaking, it is not too difficult;

is not even a great invention, because all technologies are readily available, but it needs to be reduced in size and portable.

But, will anyone pay for a tape player without a recorder function?

Akio Morita first said: “I think the president’s vision is very great, simpler, this product is a portable music player, it can be said that it is the thing that young people desire most.”

Then everyone discussed, Wu Guangyao even said in advance the marketing of this product and how to integrate Sony music to completely open the world market.

Finally, everyone is confident that this product must be second only to Trinitron color TVs among the innovative products developed by Lenovo Group, and higher than transistor radios, rice cookers, pulsator washing machines and other products.

You know, as far as Wu Guangyao knows, the total sales volume of the previous Sony Walkman (Walkman series) was over 100 million units.

The first project is officially established. It is still the R&D team of Jing Shenda who personally participated in the Walkman. Of course, he is just a person in control of the overall situation. After all, he is also the technology president of the entire Lenovo Group.

Next, Wu Guangyao said: “Sony’s second new project is the game field!”

"The field of video games?"

A question mark was written on everyone's heads!

Indeed, at this time video games did not enter commerce at all. As the ancestor of video games, "Space War" was a video game compiled by Stephen Russell on a PDP-1 computer produced by DEC in the United States in 1962; At that time, PDP-1 was worth $120,000, which was too expensive for the general public, making it difficult for "Space War" to become a commodity.

Wu Guangyao continued: "Electronic computer games are naturally difficult to commercialize now, but what I call video games is called arcade. The basic form of coin slot, console, and inherent game board consists of two parts: the frame. Body and machine version. Games that run on arcade machines are called arcade games. If developed, we can sell this machine to bars and other entertainment venues."

Wu Guangyao can only describe the appearance and structure, as far as R&D is concerned;

But it doesn’t matter, the previous Atari was founded in 1971, but it was sold in 1975 for 28 million US dollars;

Even if Sony can’t develop it, it can still be acquired!

And the arcade is only the first step for Sony to enter video games. The second step is to develop a red and white machine before Nintendo.

Akio Morita said: "The president's idea is very good. It can be regarded as a stepping stone for us to enter the game field. Later, Sony will set up a special department-the game department."

Wu Guangyao said: "Well, you can do it! Remember, you can invest a little more in capital, this project is very promising."

Everyone nodded seriously, and the chairman did not miss it. This is your idea!

Next, Wu Guangyao talked about the third project, and everyone finally felt the boss' ambition!

"Acquire American film companies and enter Hollywood!"

In Wu Guangyao's plan, Sony acquired Hollywood studios, Kayla’s Metro Group acquired American cinema chains, and went hand in hand, and Wu family funds could serve as shareholders.

In this way, it will be the Wu family that will rule Hollywood in the future.

The reason for the dual acquisition is also because the United States stipulates that the theater and the production must be separated, which means that you are either a production company or a theater, and you can only choose one;

The companies that originally had two businesses were forcibly split!

Acquisition of American companies, Akio Morita is very good at it, and he has operated quite a lot over the years;

From Columbia Records to Motorola’s TV business, there are probably dozens of large and small acquisitions.

So Akio Morita said nonchalantly, "Which film company did the president have fancy?"

Morita Akio’s words are very good, and the question is which film company Wu Guangyao has taken a fancy to;

This shows that several Hollywood studios, Lenovo Group can buy them;

Acquisition of American production companies, there is no difficulty in acquiring TV stations. The acquisition of American TV stations must be of American nationality.

At the beginning, when Lenovo Group took the lead in acquiring the TV business in the United States, the U.S. government was not without protest, but there was no alternative;

Americans are willing to buy Japanese TV sets, and entrepreneurs are willing to sell TV business. Unless you enact laws, you can’t stop them.

Wu Guangyao said: "Prioritize Universal Pictures!"

(End of this chapter)




Please report us if you find any errors so we can fix it asap!


COMMENTS