Chapter 257 [End of the annual summary report]
Wu Guangyao took his own flight to Japan and was deliberately pleased by a group of flight attendants. This made Wu Guangyao not only sigh that the women who are rich, talented and handsome are really incomprehensible!
It is conceivable how much effort Wu Guangyao has put in to ensure chastity!
Lenovo Electric has had a big explosion in 1955. With the subsequent Tr-66 model Tr-77 (lower cost), it established the world's radio leader, with annual sales of up to 500,000 units and a profit of 2.3 million US dollars. If Sony had not developed the DR-55 radio to compete, this sales would have increased.
Although Sony has developed the same type of radio, Lenovo Electric has gained an absolute advantage with its reputation as the world's first transistor radio (also the first product for civilian use) and its unique promotional method.
The sales volume of rice cookers is as high as 220,000 units (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, and the total amount of rice cookers sold by the other six major Japanese electrical giants is not as high as Lenovo Electric.
Among the three major electrical appliances, Lenovo Electric Appliances Industry has ushered in an explosive period, and its overall sales have become the fifth in the sales ranking of Japan's electrical appliances. Among the electrical appliance giants, it is no longer the bottom.
The three major electrical appliances contributed $2.6 million in profits, while other small electrical appliances contributed $600,000 in profits.
This means that Lenovo Electric's profit in 1955 was US$6.8 million, which ranked among the top three in Japan Electric.
A company that has been established for less than two years has made a profit that has surpassed the electrical appliance company that has been established for decades. This is somewhat incredible!
But when I think about it, I feel that it is nothing, because Lenovo Electric 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 six giants in a certain field before World War II.
Wu Guangyao needs to hold two meetings at the Lenovo Electrical Headquarters, one is the Minister's Meeting and the other is the All Management Meeting.
At this ministerial meeting, Wu Guangyao pointed out that color TVs should be developed quickly and must become the first electrical company in Japan to produce color TVs.
After all, according to history, Japan's first color TV was developed in 1960, and there were still four years left, so it was enough to develop it; even if you spend money to buy technology from the United States, you can achieve this achievement.
"How many scientific and technological personnel are there in the Central Research Institute?" Wu Guangyao asked with concern.
"600, 500 Japanese staff, 100 overseas staff." Onoki replied.
Wu Guangyao is very satisfied with this answer. Lenovo Electric's technological power is already very powerful in Japan.
To raise these scientific and technological personnel, it costs more than 600,000 US dollars a year; the key is that all the subsidiaries of Lenovo Electric also have single product R&D personnel, with more than the Central Research Institute; in this way, the annual salary of R&D personnel will be more than one million US dollars.
"Overseas sales of 8 million US dollars look good, but if you put aside the sales of tr-77 radio, it should be the bottom among the seven major electrical appliance companies, right?" Wu Guangyao asked, and the meaning of his words was naturally dissatisfaction with the overseas market.
"Yes, but please don't worry, 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 definitely soar." Ryohei Kimura said with confidence.
Wu Guangyao nodded. The overseas market needs to be accumulated for a long time, but it cannot be increased in one go!
When the second meeting was held, there were more people attending, with hundreds of management staff, and many of them were shareholders.
"If Lenovo Electric wants to become a giant in the world's electrical appliance industry, then it can only invest, invest, and then invest; so, I decided that Lenovo Electric will not distribute dividends within five years, increase the scale of the profits and strengthen the technology... Today's no dividends are for the purpose of sharing more tomorrow!"
As soon as Wu Guangyao's words fell, thunderous applause rang out in the conference hall!
It can be seen that Wu Guangyao is already very skilled in inspiring people.
"The world has entered the electronics era, so I decided to establish a subsidiary of Lenovo Electronics - Lenovo Electronics, to hire world-leading technology personnel to develop transistor applications and integrated circuits, and make greater contributions to mankind. Lenovo Electronics start-up capital is US$3 million, with me personally investing 1.5 million, and Lenovo Electrical's investment of US$1.5 million, each accounting for 50% of the shares." Wu Guangyao said.
"President, what is an integrated circuit?" asked an executive.
"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 chips or dielectric substrates, and then encapsulated in a tube shell to become a microstructure with the required circuit functions. Simply put, it is a smart brain. If we can develop it in the United States, then we will create history." Wu Guangyao said heroically. For integrated circuits, Wu Guangyao also has a plan, which is to open a research institute in Silicon Valley and dig all the "Eight Rebellions" in Silicon Valley into his name.
These management teams were filled with shock. Unexpectedly, this president knew so much and was simply a technical genius!
In fact, Wu Guangyao just proposed a concept, but this concept is exactly what humans need the most!
For example, the famous Dr. Shockley mastered the technology and honors that made the entire American scientists admire; after he founded the Shockley Semiconductor Laboratory, the application letter came to his face, and they were all top scientists;
As a result, the "Eight Rebels" under his subordinates fled one after another because they worked for a year and didn't know what they had studied. During the year, the laboratory did not develop any decent products. To put it bluntly, there was no clear direction, which made these scientists see no hope!
But Wu Guangyao is different. Although he doesn’t understand specific technologies, he understands the direction of technological development!
I believe that by then, with huge financial resources and some ideas, these people will be enough to put them in their arms.
Moreover, Japanese scientists are not weak. They have learned all transistor technology in the past two years. To put it bluntly, it is a copy of American technology.
The same is true for Lenovo Electric. The transistors can be produced by themselves and the cost is very low, which greatly reduces the cost of the radio.
.........
The last stop before the New Year was Oriental Newspaper.
At this time, Oriental Newspaper had two best-selling newspapers, Oriental Daily and Ming Pao, as well as a magazine, Economic Weekly, and a soft power and an Asian news agency.
After so many years of establishment of Oriental Newspaper, Wu Guangyao has not yet obtained a penny and has invested all the money he earned.
However, this year, he made a profit of 1 million Hong Kong dollars. Wu Guangyao planned to divide it up. He took 800,000 Hong Kong dollars himself, and other shareholders received 100,000 Hong Kong dollars. The remaining 100,000 Hong Kong dollars were used for the employee's year-end bonus.
Anyway, Oriental Newspaper will not make any moves in recent years. At least it will not invest in a TV station in the mid-1960s, and this TV station is free and colorful.
The first TV station in Hong Kong was the British company, a cable black and white TV station developed in 1957. It adopts a charging model. There were a total of 600 users at that time, and the monthly fee was HK$25. The TV station was an English station, which mainly serves foreigners.
Wu Guangyao mainly looked down on black and white TV stations, so he decided to open a color TV station in the mid-1960s, named it Wireless TV Station.
Wu Guangyao doesn’t like to be too advanced in anything he does, so as not to change the social process!
For example, regarding integrated circuits, Wu Guangyao's time to dig out the "Eight Rebels" in 1957, which made the "Eight Rebels" disappointed with Shockley Semiconductor Laboratory.
The time for the successful development of integrated circuits is only 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, legally recognized that integrated circuits were a simultaneous invention.
Chapter completed!