The century-old family began to rise from Hong Kong Island chapter 464

The century-old family began to rise from Hong Kong Island
Chapter 464: Tengxun Electronics Industry Group [Ask For Flowers! Ask For A Monthly Pass! 】
After a banquet, it was announced that the fourth wife of the Su family in Hong Kong Island appeared, and Su Shaoze also started to get busy.
Galaxy Group is a huge comprehensive enterprise, involving all aspects of the industry. Although it has its own subsidiary management, many important things need to be reviewed and approved by Su Shaoze himself.
In the huge conference room of the Galactic Empire Building, a board meeting of the Galaxy Group is in progress.
And this meeting is mainly about Tencent Electronics.
Wang Ziwen, general manager of Tencent Electronics, is reporting to Su Shaoze on his annual work.
This is a man in his forties, not tall, looks very ordinary, but he is a very capable person.
It can even be called cruel in some respects, daring to use some means outside the rules in order to achieve the goal, quite black-bellied.
He also contributed a lot to the development of Tengxun Electronics Company to where it is today.
Su Shaoze also relies heavily on and trusts him, and he can’t treat him badly in terms of bonuses. Su Shaoze is quite generous with talents.
“In the second half of this year, the total revenue of Tencent Electronics reached 3.1 billion Hong Kong dollars, with a profit rate of 40%.
“117 produced a total of 800,000 TV sets, 70,000 computers, and 30,000 mobile phone radios…”
Tengxun Electronics Co., Ltd. is developing very rapidly, and the scale of the industry is constantly expanding, and the annual sales can increase significantly.
Moreover, Tengxun Electronics produces many electronic products, mainly including computers, mobile phones, televisions, DVD players, radios and so on.
In addition to these home appliances, it also produces some game consoles, such as red and white machines, block machines, walkmans and so on.
Although these game consoles are simple to make and cheap, they have provided Tencent Electronics with considerable profits.
The main sales groups are children, the number is huge, and the annual production volume is one million units.
It can be said that the current Tencent Electronics Company has grown into one of the largest electronics manufacturers on Hong Kong Island and even in Southeast Asia.
It’s just that compared with the electronics giants in the island country, Sony, Toshiba, etc., Tengxun Electronics still has a certain gap.
It is mainly reflected in the ability of independent innovation.
In order to promote the video recorder developed by itself and formulate format rules for the entire industry, Sony dared to spend more than two billion U.S. dollars to buy Columbia Pictures.
In this regard, Tencent Electronics still has a big gap.
The electronic products produced are basically the most popular in the world, and they are called leftovers behind others, and there are very few product innovations that are completely their own.
Even like some electronic products that are still under patent protection, every time Tencent Electronics produces one, it needs to pay a certain fee to the copyright owner.
The current Tengxun Electronics Company is more like an electronic processing manufacturer.
It has turned many electronics factories on Hong Kong Island into its own OEM factories, but Tencent Electronics itself is not someone else’s OEM factories.
Su Shaoze has noticed this problem a long time ago, but the accumulation of patented technology like this cannot be completed overnight.
For this reason, a few years ago, Tencent Electronics Co., Ltd. invested in cooperation with Hong Kong Island University to set up a Tencent Electronics Laboratory to develop the most advanced electronic products in the world today.
“How is the DVD project going?” asked Su Shaoze, which is a key project of Tencent Electronics.
It has been going on for two years and a lot of money has been invested.
In the previous life, DVD was born in the early 1990s, and quickly replaced the VCD player with its clear playback speed and reliable stability.
You know, the player is a very huge market, which is always related to people’s entertainment life.
Many people like to buy some DVDs and watch them at home. This behavior is quite obvious in the United States, which has a population of more than 200 million.
However, the profit point of the player is not on the player itself, but on the disc.
After all, a player can be used for several years, but (bbef) the disc needs to be replaced from time to time, which is a huge expenditure after one year.
And being the first to manufacture DVDs can set the standard rules for the entire recorder industry.
For this reason, in the last life, industry giants such as Sony and Philips competed fiercely.
But now, Tengxun Electronics started this project five years ahead of schedule, and has achieved certain results.
Speaking of this, Wang Ziwen was also a little happy: “Professor Chen’s report has been handed over to me, and the laboratory has preliminarily designed a product model.
“But it is not very stable and needs further improvement.”
“Several issues still need to be resolved. If all goes well, the first prototype is expected to be produced by the second half of next year.”
Wang Ziwen was very excited, this is a product independently developed by Tengxun Electronics, which has absolute patent rights.
Once formally formed, it will quickly eliminate the VCDs that are commonly used at this time, and quickly occupy the market.
This is a market with more than one billion users worldwide!
Even if other electronics factories produce at that time, they still need to pay patent fees to Tencent and wait for the money to be collected.
Su Shaoze is very satisfied with this speed, as long as it can be developed ahead of Sony and other companies.
More importantly, Tengxun Electronics has embarked on a correct path, independent research and development, and owns its own intellectual property rights, although the process may not be very glorious, using some means outside the rules.
But the final result is good, you don’t need to completely rely on the cottage, and it is not a bit better than the goose factory in later generations.
“The core spirit of an electronic technology company is innovation. If you just eat other people’s leftovers, you will never become a great enterprise.”
“The scale of the laboratory should be increased, continue to invest funds, and pay more attention to the cultivation of talents.”
“Far East Foreign Trade has invited a group of experts from Maoziguo, some of whom are in the field of electronic computers.”
“Put them in the lab and give them the best treatment.”
“In the next step, Tencent Electronics has two key research directions. The first is to find ways to make the big mobile phone smaller, and the second is to study chip manufacturing.”
“Understood!” Wang Ziwen nodded lightly and said, the first one to make the big brother smaller is a project that the laboratory has been researching, but the results are not very obvious. With the addition of those Maoziguo experts, maybe it will be different.
And another, what is a computer chip?
Tengxun Electronics has always assembled computers, taking other people’s parts and assembling them together, and finally affixed its own trademark.
But it has not yet involved the manufacture of specific parts!
Although there are difficulties, as the general manager of the company, Wang Ziwen can’t complain.
And then, he heard a long-rumored appointment from Su Shaoze: “I am announcing on behalf of the Galaxy Group board of directors.”
“Tengxun Electronics Company changed its name to Tengxun Electronics Industry Group, and Wang Ziwen served as the first president of the group.”.