I want to be a giant of Hong Kong Island

Chapter 446 [Annual Report of Lenovo Group]

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

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

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

Lenovo Group has three first-level subsidiaries, namely Lenovo Electronics, Lenovo Electronics, and Sony;
Lenovo Appliances mainly develops and produces: TVs, washing machines, refrigerators, air conditioners and other household appliances;

Sony is divided into two fields, electronics and entertainment (record industry), electronic products include: recorder (recorder), camera, video recorder, record player, etc.;
Lenovo Electronics mainly develops semiconductor integrated circuits and some basic scientific research.

Lenovo Group's global turnover last year (1968) was US$18 billion, with a net profit of US$1.6 million;
Wu Guangyao was very surprised to grow so fast;
However, of the $18 billion in turnover, $12 billion was TV sales;

Lenovo Group sold a total of 180 million Trinitron color TVs and 100 million Trinitron picture tubes last year.

Lenovo Group Meeting Room

Wu Guangyao is teaching the six executives face-to-face instructions and setting new goals.

Akio Morita, Ibuka, Jerry, Li Jiaji, Onogi, and Kimura Ryohei are still the six executives.

Wu Guangyao said: "Although Sony has developed well in recent years, there is still a certain gap with other electrical and electronic companies in Dongying."

Everyone was stunned, wondering what the boss meant by saying this?
Because Sony's development of entertainment equipment (excluding televisions) and entertainment business is a strategy formulated by the group company;
Sony, Lenovo Electric, and Lenovo Electronics have no importance for Lenovo Group, only the business is different.

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

Because Lenovo Electronics' research and development of semiconductor integrated circuits is purely for Lenovo Electric and Sony.

Jing Shenda was the quickest to respond, and said, "President, you have ideas for new entertainment equipment?"

Everyone suddenly realized that this is the case!
Sony still develops entertainment equipment, but that doesn't mean it can't catch up with Lenovo!

Wu Guangyao nodded with a smile, although he doesn't understand technology, he does understand products;
Therefore, all the middle and high-level executives of Lenovo Group were convinced and worshiped Wu Guangyao.

Wu Guangyao said: "About Sony's development project, I thought about the third one!"

Everyone hurriedly recorded it, for fear of missing the punctuation mark of one.

"The first project, you should know, I mentioned the slogan of 'entertainment first' before; 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 7. Tape recorders; tapes are cheap to manufacture and easy to carry. These excellent characteristics will make "listening to music" truly a popular entertainment that can be afforded by all social classes.

At present, we have achieved certain results in tape players and tape recorders, but we have no obvious advantages!
Therefore, I ask you to reduce the volume of the tape player to the extent that it is convenient to carry;
In this way, people who like music all over the world will not be able to refuse its allure.

Just think about it, a palm-sized tape player, hanging on the waist, plugging in headphones, and immersing yourself in music, is a kind of fashion.

Therefore, I suggest: remove the recording function of the tape player, add stereo, and commercialize the tape player;

As for this product, let's call it the 'Walkman'! "

After listening to Wu Guangyao's words, everyone became thoughtful.

First of all, technically speaking, the difficulty is not too great;

Not to mention a great invention, because all technologies are ready-made, but it needs to be reduced in size and made portable.

However, will anyone pay for a tape player without the function of a tape recorder?

Akio Morita said first: "I think the chairman's idea is very great. To put it simply, this product is a portable music player, which can be said to be the most desired thing for young people."

Then everyone discussed, and Wu Guangyao even talked about the marketing of this product in advance, and how to combine it with Sony Music to completely open up the global market.

In the end, everyone was 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, and top-loading washing machines.

You know, as far as Wu Guangyao knows, the total sales volume of the Sony Walkman (Walkman series) in the previous life was hundreds of millions of units.

The first project has been officially approved, and Jing Shenda is still personally involved in the R&D team of the Walkman. Of course, he is just a person in charge of the overall situation. After all, he is still the technical president of the entire Lenovo Group.

Then, Wu Guangyao said: "Sony's second new project is the game field!"

"Video game field?"

Question marks were written on everyone's heads!
Indeed, at this time, video games did not enter the business at all. As the ancestor of video games, "Space Wars" was a video game compiled by Stephen Russell on the PDP-1962 electronic computer produced by DEC in the United States in 1; At the time, the PDP-1 cost $120000, too expensive for the general public to make Space Wars a commodity.

Wu Guangyao continued: "Electronic computer games are naturally difficult to commercialize now, but the electronic games I am talking about are called arcade machines. The basic form of the coin slot, the console, and the inherent game substrate is composed of two parts: the frame Body and machine versions. 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, but knows nothing about research and development;
But it doesn’t matter, Atari in the previous life was established in 1971, but it was sold in 1975 for 2800 million US dollars;
Even if Sony can't develop it, can't it still buy it!

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

Akio Morita said: "The chairman'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 guys do it! Remember, you can invest a little more in terms of funds. This project has a very promising future."

Everyone nodded seriously, the president didn't miss it, this is everyone's idea!

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

"Acquire an American film company and enter Hollywood!"

In Wu Guangyao's plan, Sony acquires Hollywood film companies, and Kayla's Metro Group acquires American theaters, all going hand in hand, and the Wu family fund can be a shareholder.

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

The reason for the two acquisitions is also because the United States stipulates that theaters and producers must be separated, which means that you can either be a production company or a theater, and you can only choose one;
Companies that originally had both businesses were forcibly split up!

Akio Morita is very good at acquiring companies in the United States, and has done a lot over the years;

From Columbia Records to Motorola's TV business, there may have been dozens of acquisitions, large and small.

So Akio Morita said without hesitation: "Which film company does the president like?"

Akio Morita's words were very good, and he was asking which film company Wu Guangyao took a fancy to;
This means that Lenovo Group can buy several Hollywood production companies;
Acquiring an American production company is not as difficult as acquiring a TV station. To acquire an American TV station, you must be an American citizen.

Back then, when Lenovo Group took the lead in acquiring the TV business in the United States, the U.S. government protested, but there was nothing they could do;
Americans are willing to buy Japanese TV sets, and entrepreneurs are willing to sell the TV business. Unless you introduce laws, you can't stop them at all.

Wu Guangyao said: "Give priority to Universal Pictures!"

(End of this chapter)