Chapter 744
With Iron-fist Zhu’s help, Feng Yu got a Hong Kong passport in the morning 3 days later . His China Passport was still valid .
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After Feng Yu got his passport, he contacted the US side and then fly to New York with some of his Hong Kong staffs .
The last time Feng Yu went to the US was to trick Pfizer Company . But this time, Feng Yu will be staying in the US for a while . The US economy was thriving in this era . Although the growth was not more than 4% and average at 3%, it was still alarming because of its strong base .
There were a lot of opportunities in the US during this era . This was also the time when the US tech industry developed . Telecommunications, PC, technology, software, etc . will replace the US traditional manufacturers as the primary industry .
This trip, Feng Yu had targeted 3 industries . PC, software, and telecommunications . These were also the industries he wanted to introduce in China .
Telecommunications does not need any further explanations . Pagers will be slowly replaced by mobile phones . After 1999, SMS technology was introduced, and it could manage more than 500 SMS every second . This was the technology that killed pagers .
Feng Yu’s plan for Aiwa Electronics was to introduce the Aiwa brand and Wind and Rain brand of mobile phone before 1997 . Then they will modify their factories’ production line . Pager production will stop within 3 years after the mobile phones are introduced in the market .
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This decision puzzled many people at Aiwa Electronics . They felt pagers should still be in the market for at least the next 10 years . They should increase their productions to meet the demand . Why are they withdrawing from the pager market so early?
Feng Yu told them that after mobile phones have SMS services, pagers will be obsolete . The staff at Aiwa Electronics does not believe . It was because the messaging system now could only process 1 short message per second . That’s why there was a long delay . SMS now was not as convenient as pagers .
No one would expect the SMS technology would develop so fast . In the future, it could process 16,000 messages in a second, and SMS was the most popular feature used by mobile phone users . This was because SMS cost the lowest . It was about the same as pagers .
Feng Yu told his staffs at Aiwa electronics that this is an order . There’s no room for discussion . Feng Yu was the main shareholder and could make the overall decision as long as it is not against the law . He can override the decisions made by other shareholders .
For the PC industry, Feng Yu will leave it to Lenovo . Lenovo was good at controlling their manufacturing cost . China taxes on imported electronic products were high, and Lenovo will be starting a price war this year . They wanted to take over the whole China market .
Soon, it will be the PC era as Windows 95 operating system will be launch soon .
This operating system was the main reason the PC became popular . It was simple, convenient, fast, user-friendly . Users only need to click on the mouse, and they could operate it . Even seniors and children can operate it . Microsoft will also introduce Internet Explorer . This dramatically increases the development of the internet .
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This was a great opportunity that cannot be missed . It might be impossible for Lenovo to become a world-class PC manufacturer now, but it should not be a problem for them to control the Chinese market .
Lenovo had signed contracts with many companies to supply parts for their hardware products . They will also be producing the core components in China . This year will be China’s PC peak!
Feng Yu wants Lenovo to seize this opportunity, and Liu Chuanzhi agreed . He also felt this was the right time to start a price war .
Lenovo in this life was different from Feng Yu’s previous life . In his previous life, Lenovo had to get listed in Hong Kong to raise funds for its development . In this life, Feng Yu had invested in Lenovo directly and stopped them from getting listed .
Feng Yu wanted Lenovo to wait for a few more years . Even if Lenovo were to get listed now, they have to pick the best location for their listing . The top choice now is the US . Regardless whether if it is NYSE or the Nasdaq, both are much better than Hong Kong .
In Feng Yu’s previous life, Lenovo was listed on the Hong Kong Stock Exchange and got delisted after a few years . Feng Yu does not want this to happen again . Getting delisted will affect the confidence of the investors .
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Feng Yu firmly oppose Lenovo to get listed now . He does not want his shares to be diluted now . Unless he could purchase more shares internally and his proportion of his stake in the company will not be affected, he will never allow the company to be listed .
As for software, Lenovo is also working hard to develop their software products . Feng Yu made some suggestions to Liu Chuanzhi . The number one Chinese software developer company, Kingsoft, in Feng Yu’s previous life, was already established . There were lots of talents in this company .
If Lenovo could acquire Kingsoft, then they will be able to gain a stronger foothold in the Chinese market . They would have software and hardware to go hand-in-hand .
Liu Chuanzhi also likes those developers at Kingsoft . They were quite famous in the software developers’ circles . But they are not the best developers in China now .
China’s best software company in this era is Rising . But it was owned by the government, and Feng Yu doesn’t suggest acquiring them . Liu Chuanzhi had wanted to merge with both Rising and Kingsoft but was stopped by Feng Yu .
Rising was a good company, but if they merged with Lenovo, Lenovo’s shareholding structure would collapse . Rising’s backing was too powerful . They were so powerful that they might takeover Lenovo .
Kingsoft was a better choice . They were strong in software development too and does not have a strong backing . It will be easy for Lenovo to take over them . Also, Kingsoft was the most advanced when it comes to Chinese language software .
In the current era, no companies in the world could catch up with Microsoft when it comes to the operating system . Feng Yu also did not expect his companies to develop an operating system which was better than Win95 now .
But it was crucial to creating a Chinese version of Win95 . Microsoft still does not have operating systems in other languages except for English .
If there was only an English version of Win95, then it will be difficult for it to be introduced in China . Feng Yu remembered that it was Kinston that developed the Chinese language pack for Windows operating system in his previous life .
But later, Kingsoft used Microsoft system’s codes and produced a free version of the operating system . They were sued by Microsoft, and lots of their top developers quit after Kingsoft lost . Kingsoft changed its direction after that and entered the mobile phone systems . They started Xiao Mi and Lei Jun, the former boss of Kingsoft, entered the limelight again!
Feng Yu intends to replicate US current successful development in China . He wants to let China companies takeover and acquire US companies .
Now, Feng Yu was going to the US to check out the businesses there .