I want to be a giant of Hong Kong Island

Chapter 257 [Annual Summary Report·End]

Wu Guangyao took his own flight to Dongying, and was deliberately courted by a group of stewardesses. This made Wu Guangyao not only sigh, but women really can't understand a man who is rich, talented and handsome!

It is conceivable how much effort Wu Guangyao has put in to ensure his chastity!
Lenovo Electric had a big explosion in 1955. With the follow-up model TR-66 of TR-77 (lower cost), it established the position of the world's radio leader in one fell swoop, with an annual sales volume of 50 units and a profit of 230 million. million; that would have increased if Sony hadn't developed the DR-55 radio to compete.

Although Sony has developed a radio of the same type, Lenovo still has an absolute advantage due to its reputation as the first transistor radio in the world (also the first product for civilian use of transistors) and its unique way of publicity.

And the sales volume of rice cookers is as high as 22 units (rice cookers are used by Asian talents), with a net profit of 130 million US dollars; There are not as many Lenovo appliances.

Among the three major artifacts of electrical appliances, Lenovo's electrical industry has ushered in an explosive period, and its overall sales have leapt to No. 5 in the sales ranking of Dongying Electrical Appliances. Among the electrical giants, it is no longer the bottom of the list.

The three major electrical artifacts contributed a profit of 260 million US dollars, and other small appliances contributed a profit of 60 US dollars.

That is to say, the profit of Lenovo Electric in 1955 totaled US$680 million, which ranked among the top three in Dongying Electric.

It is somewhat unbelievable that a company that has been established for less than two years can actually exceed the profit of an electrical company that has been established for decades!

But when I think about it, I think it’s nothing, because Lenovo Appliance itself is the result of a strong alliance, consisting of several medium-sized electrical appliance manufacturers and more than a dozen small electrical appliance manufacturers; these medium-sized electrical appliance manufacturers even surpassed the Big Six.

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

At the ministerial meeting, Wu Guangyao pointed out that the development of color TV sets should be developed as soon as possible, and it must become the first electrical appliance company in Japan to produce color TV sets.

After all, according to history, Dongying’s first color TV was developed in 1960, and there are still four years to go. It is enough to develop it; even if it spends money to buy technology from the United States, it can achieve this achievement.

"How many scientific and technical personnel are there in Academia Sinica?" Wu Guangyao asked with concern.

"600, 500 Japanese employees, 100 overseas employees." Onogi replied.

Wu Guangyao was very satisfied with this answer. Lenovo's technological strength is already very strong compared to Dongying.

It costs more than 60 U.S. dollars a year to raise these scientific and technical personnel; the key is that all subsidiaries of Lenovo Electric also have R&D personnel for individual products, and the number is more than that of Academia Sinica; Over a million dollars.

"Overseas sales of 800 million U.S. dollars look good, but if you leave out the sales of TR-77 radios, it should be the bottom of the seven major electrical appliance manufacturers?" Wu Guangyao asked, the meaning in the words is naturally Dissatisfaction with overseas markets.

"Yes, but please rest assured, the chairman, the second business department in charge of overseas business has been established; this year, we will definitely open up overseas markets, and overseas revenue will definitely skyrocket." Ryohei Kimura said confidently.

Wu Guangyao nodded. The overseas market needs long-term accumulation, and it cannot be increased overnight!

When it came to the second meeting, the number of participants was quite large. There were hundreds of management members, many of whom were shareholders.

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

As soon as Wu Guangyao finished speaking, thunderous applause erupted 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 establish a subsidiary of Lenovo Electronics - Lenovo Electronics, to hire the world's top scientific and technological personnel, research and development of transistor applications and integrated circuits, and make greater contributions to the advancement of mankind. The start-up capital of Lenovo Electronics is 300 150 US dollars, I personally contributed 150 million US dollars, and Lenovo Electric contributed 50 million US dollars, each with [-]% of the shares." Wu Guangyao said.

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

"Using a certain process, the transistors, resistors, capacitors, inductors and other components and wiring required in a circuit are interconnected together, made on a small or several small semiconductor wafers or dielectric substrates, and then packaged in a tube shell Inside, it becomes a microstructure with the required circuit functions. Simply put, it is a brain with wisdom. If we can develop it before the United States, then we will make history." Wu Guangyao said boldly, for integrated circuits, Wu Guangyao also has another plan, which is to open a research institute in Silicon Valley, and take all the "eight rebels" in Silicon Valley under his name.

The eyes of these managers were full of shock. They didn't expect that the chairman knew so much, he was simply a technical genius!
In fact, Wu Guangyao just mentioned a concept, but precisely this concept is what human beings need most!

For example, the well-known Dr. Shockley, whose technology and honors he mastered has been admired by scientists all over the United States; after he founded the Shockley Semiconductor Laboratory, he was flooded with application letters, and they were all top scientists;

As a result, the subordinate 'eight rebels' fled one after another, because after working for a year, they didn't know what they were researching; during the year, the laboratory did not develop any decent products; to put it bluntly, there was no clear direction for these Scientists see no hope!

Wu Guangyao is different. Although he doesn't know the specific technology, he understands the direction of technology development!
I believe that by then, with huge financial resources and some ideas, it will be enough to make these people fall into my arms.

Moreover, the scientists in Japan are not weak. They have thoroughly grasped the transistor technology in the past two years. To put it bluntly, they copied American technology.

The same is true for Lenovo Electric. Transistors can be produced by themselves, and the cost is very low, which greatly reduces the cost of radios.

The last stop before the year was the Oriental News Agency.

At this time, Dongfang Newspaper owned two best-selling newspapers, "Oriental Daily" and "Ming Pao", as well as a magazine "Economic Weekly", as well as a news agency in Asia.

Dongfang News has been established for so many years, and Wu Guangyao has not received a penny, and all the money he earned has been invested.

However, this year, with a profit of 100 million Hong Kong dollars, Wu Guangyao planned to divide it up. He took 80 Hong Kong dollars himself, other shareholders took 10 Hong Kong dollars, and the remaining 10 Hong Kong dollars was used for employee year-end bonuses.

Anyway, Oriental News will not make any moves in the past few years. At least it will be in the mid-60s before it will invest in a TV station, and this TV station will be free and colorful.

The first TV station on Hong Kong Island was the United Kingdom’s Laidi Company. It developed a cable black and white TV station in 1957. It adopted 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 mainly served Is a foreigner.

Wu Guangyao mainly disliked black and white TV stations, so he decided to open a color TV station in the mid-60s, and named it Wireless TV Station.

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

For example, with regard to integrated circuits, Wu Guangyao would choose 1957 when he dug the "Eight Rebels", so that the "Eight Rebels" had already been disappointed with Shockley Semiconductor Laboratory.

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

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

(End of this chapter)