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72.85% Rebirth of the Strongest Tycoon / Chapter 1118: Chapter 1118: 400 Million in Sales

章節 1118: Chapter 1118: 400 Million in Sales

Unlike the Tiangong Automobile Group's factory buildings, Tiangong Electronics' production plant is already in use.

It produces nothing else but the two Tiangong brand Walkman and game consoles.

Of course, as an Asian electronics giant, Tiangong Electronics produces more than just these two types of products, but these two types are the two pillars that support Tiangong Electronics' rise to become an Asian electronics giant.

Xia Yu first went to the Tiangong Electronics plant that produces Walkmen.

In order to ensure a high-quality rate, the production area of the plant is dust-free, so Xia Yu and the others deliberately changed into dust-proof clothing before entering the workshop.

Once inside, they could see the busy scene before them. Fok Kin-ning called over the production supervisor to give the group a guided introduction.

'Chairman, President, this production line currently produces the SP-S1 Walkman, with a daily output of 1,000 units and a pass rate of over 99%.'

'Here is the specific production process.'

After listening, Xia Yu indicated that the production supervisor should show him around.

After listening to the explanations and stopping to look around, Xia Yu spent more than ten minutes looking around.

This Tiangong SP-S1 Walkman is Tiangong Electronics' first Walkman and a classic model.

Last year, under Xia Yu's guidance, the Tiangong Technology Laboratory extensively improved the original semi-finished product, and its performance completely outperformed Sony's flagship model.

The specific parameters of the Tiangong SP-S1 are: the body is 80x115x29mm, weighs 270g, is powered by two dry batteries, has an operating time of 8 hours, a maximum output power of 20mw+20mw, with a frequency response range of 40-12000Hz, a touch-sensitive button system, FM recording and playback functions, the most advanced Dolby sound effects, and a 20g headset. It comes in three colours: silver, sky blue and pink.

As for the price, it is positioned at about five dollars lower than Sony's flagship model, and the price at the Jiuding Electrical Appliances supermarket in Hong Kong is even lower.

On 1 September last year, Tiangong Electronics held a grand launch event in New York, Tokyo, London and Hong Kong, with massive media coverage.

The event alone amazed many journalists and Walkman fans, and then set off a sales frenzy that caught Sony, Philips and other brands off guard and completely outperformed their products!

Because the touch-sensitive button system, FM recording function and playback function are all unique patented features of the Tiangong Walkman, it is also the lightest Walkman, and the price is lower than Sony's flagship model.

In particular, compared to Sony and Philips, which only have one colour, the Tiangong Walkman comes in three colours to choose from: bright silver, sky blue and pink.

The use of these technologies is extremely attractive to consumers.

In the month of its release alone, it sold 300,000 units worldwide!

In December, when Christmas falls in Europe and the United States, global sales reached 400,000 units. According to statistics, on Christmas Day, 160,000 families gave the Tiangong SP-S1 Walkman as a gift to their children.

As of last month, the total sales of the Tiangong SP-S1 had reached 1.78 million units, with global sales exceeding 400 million US dollars!

The gross profit reached 200 million US dollars!

However, it has been nine months since the release of the Tencent SP-S1, and companies such as Sony and Philips have also successively launched flagship products this year that are not inferior to the Tencent SP-S1. Of course, the price is that after some patent exchanges, a patent fee was also paid to Tencent Electronics.

For example, Sony generally pays a royalty of US$6 per Walkman.

In order to reduce costs, Sony had to continue investing in research and development in the hope of developing new technologies to regain the upper hand.

Tiangong Electronics did not rest on its laurels either, and also invested large sums of money in research and development.

So after briefly looking around the production line, Xia Yu went to the Tiangong Technology Laboratory under the leadership of Huo Jianning.

The Tiangong Technology Laboratory has moved from the Kowloon Industrial Park to this location, in a separate building with very strong security. Security guards patrol the building 24 hours a day, as Xia Yu had previously requested of Fok Kin-ning.

Although some people may think that this is overdoing it, Xia Yu is well aware of the importance of technology, which is the lifeblood of a technology company.

At present, Tiangong Electronics may not have a strong technological foundation, but it will definitely become stronger in the future. If the rules are not set in place now, it will be too late to do so when something goes wrong later.

After verifying their identities, Xia Yu and the others entered the Tiangong Technology Laboratory building. After walking a long way, turning left and right, they finally found the person in charge, Dr. Lu Chao, who was conducting an experiment in a laboratory.

'Chairman, President, good afternoon!'

After seeing the visitors, Lu Chao put down his work, pushed up his glasses, and greeted Xia Yu and Huo Jianning.

'Dr Lu, I've come to see for myself. I've heard from Jianning about your contribution to the company. You've worked hard!'

Xia Yu shook his hand and said affirmatively.

Lu Chao smiled, his mind at peace, and said humbly, 'Chairman, this is what I should do. I have to thank you for providing me with such a perfect and free experimental environment.'

Fok Kin-ning suddenly interrupted and explained to Xia Yu, 'Chairman, Dr. Lu is a workaholic. He often works so hard that he forgets to eat and sleep. I can't persuade him to stop, for fear that his health will suffer.'

'But it is precisely because of his work attitude and abilities that, under his leadership, the research atmosphere in the entire experimental department is high, and the efficiency of technology research and development is very high!'

Upon hearing Huo Jianning's words, Lu Chao smiled slightly and said, 'President, you are too kind. I don't feel tired at all, and I enjoy it.'

Upon hearing this, Huo Jianning gave Xia Yu a helpless smile.

'Haha...'

Xia Yu suddenly laughed emotionally, and said to Lu Chao with concern, 'Dr. Lu, health is the foundation of a revolution. You have to work on experiments, but you also have to rest when you should. Apart from work, you also have a family, and they will worry!'

'Thank you, Chairman, for your concern!'

Lu Chao said, moved.

Xia Yu then looked at Huo Jianning and asked, 'Jianing, is there a special gym in the experimental building?'

Huo Jianning was taken aback and shook his head, saying, "Chairman, this is my mistake. There is a special activity room, but no gym. I will arrange one immediately. There are still many vacant offices in the experimental building.'

Xia Yu nodded with satisfaction and said, "Well, get it done as soon as possible. Occasional exercise may be able to stimulate inspiration.'

Afterwards, Xia Yu asked Lu Chao, 'Dr. Lu, are there many product development and technical issues here at the moment?'

Lu Chao thought for a moment and said, "There are fourteen, including the Walkman Lab, Communications Lab, Optoelectronics Lab, and Power Lab...'

'Which one would you like to go to first?'

Hearing this list of lab names, Xia Yu became interested.

But he had to go one by one, so after thinking for a moment, he said, "Let's go to the Walkman Lab first and see how the development of new products is going.'

'Okay, please follow me!'

Lu Chao said, and led Xia Yu and the others out of this laboratory and towards the Walkman laboratory...


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