Extraordinary Genius

Chapter 608. Continuation of full cooperation

Negotiations went exceptionally smoothly, or Mr. Thomas, the representative of Philip, was forced to make quite a concession by the “powerful” power of Windstorm.

On top of the brand, Philip is indeed stronger, and in the area of expertise, Philip is stronger than Windstorm Corporation, and stronger than Windstorm Electronics and Windstorm Appliances combined.

But Feng Yu made it clear that working with Windstorm could jointly develop so many different products that could change the world, whether it be current VCD, super VCD, future DVD and computer optical drive, even such as sweeping robots, light wave microwave oven and other products, could bring great profits to Philips.

These are the profits, let Thomas, let Philips agree to Feng Yu's terms. Fully cooperate to jointly develop industry standards, promote the popularity of VCD and DVD, and promote the popularity of other new appliances.

Windstorm Electronics and Windstorm Electronics discloses these technologies to Philips free of charge, while Philips also opens their optical disc technology, television technology, LCD display technology, optical communication technology, etc. to Windstorm Electronics and Windstorm Electronics for exchange of technology.

Patents originally held by which company continue to be held, but may be used free of charge by the other party. and the new patents for the relevant technologies continue to be held by the company.

Feng Yu exchanged the patented technology of the VCD for Philip, which was also well thought out. Feng Yu has been wondering why the development of VCD has not been as fast as in the last lifetime, there is only one reason, is that there are only two brands on the market, Feng Yu VCD and Ewa VCD, but it is all his.

Neither sales nor promotional channels are far from matching the development of markets for so many companies in previous generations. In previous life, patented technology for VCDs was held jointly by most companies in the island countries, who first discovered that Wanyan had not registered a patent and had registered the patent first.

As a result, all Huaxia VCD brands will be paid patent fees. And with this money, they continue to research and develop better technologies, leading the industry.

The patent is in Feng Yu's hands for the rest of his life, and the island company is simply unable to dye its fingers. And VCDs are growing much faster than they did in previous generations. But history, like in previous generations, all interested companies are looking at DVDs and trying to replace them.

DVDs do replace VCDs, both in terms of technology and user experience, but unfortunately, although they have accelerated, the latest technology in DVDs has been spearheaded by Storm Electronics.

However, Feng Yu is also aware that if Sony and other companies get hurt and invest more in research, with Windstorm Electronics and AIWA, they will certainly not be able to continue to lead the way.

Just like in the gaming industry, Nintendo dumped Sony, but after Sony hit hard, it took two years to develop a PS console that eventually took most of the profits from the market!

Though AIWA suppressed Sony in the carry-on field, that's because Sony's current focus is on film companies, which is their biggest investment in the 1990s, or overseas, and it can't be lost.

Once the movie companies are profitable, they can draw time and energy to continue to suppress AIWA. However, Feng Yu is not particularly worried. When the Colombian Film Company starts to make a profit, it is time to quit the historical arena. If Sonny wants to rob him, give it to him.

But now that Sony has joined forces with the East to set DVD industry standards, they find that the DVD is better than the VCD and will eventually replace the traditional cassette recorder. And that's what their movie companies need, and with this, their movie copyrights, they can burn it on CD-ROM and sell it again.

Colombia has a large number of film copyrights, and if a very good CD-ROM and CD-ROM recorder can be introduced, it can also become a new profit growth point for Colombian film companies, which have been resurrected in disguise.

So Sony's input on the DVD will definitely be very large. Feng Yu knows that if he really carries it, he won't be able to carry it. Just continue to invest in AIWA and Windstorm Electronics, but it is very inexpensive.

And after working with Philip, it's much better. Especially in this agreement, there is one more thing that allows the other party to build a batch of products on their behalf.

AIWA only has factories in Europe, mainly in London, but also mainly in production. That factory, which radiates the entire Western European market, cannot produce VCDs at all. Both AIWA VCDs and EWA VCDs are manufactured at Huaxia factories, including storm VCDs. When shipped to Europe and the Americas for sale, the prices will be higher.

Manufacturers of those video recorders have lowered the selling price of the video recorder, so they come up against the VCD. Especially when those manufacturers come together to promote VCDs in Europe and the United States.

Feng Yu had to admit that the big companies were too influential, making VCD promotion overseas and difficult. Although the profit is pretty good, it's still very different from the way Feng Yu imagined it would be.

How prosperous the VCD market was in the past, the industry value is astronomical numbers every year. Now that this industry is monopolized by Feng Yu, the output value can't go up. How can Feng Yu not be in a hurry?

But now that Philip has joined us, Philip's home appliance sales channels in Europe and the Americas will certainly make the VCD industry grow faster. And Thomas, like Feng Yu, just launched the super VCD instead of the vintage one, which would make it easier to bridge the gap between the VCD and the traditional video recorder and squeeze them down!

And Feng Yu is just authorizing Philip. With new technology, VCD technology, can you authorize more companies? Everyone cooperates to develop this market, but the biggest share is still Windstorm Electronics.

But the benefits of industry standards are the future, and the benefits of producing super VCDs are immediate. Thomas, also on behalf of Philip, accepted Feng Yu's request, which effectively lowers the costs of storm VCDs, AEWA VCDs and AIWA VCDs, reduces the time for new products to be launched, and better suits the market.

Feng Yu mainly pushed Feng Yu VCD and Ewa VCD in China, and Feng Yu VCD and AIWA VCD in foreign countries, Ewa brand, only for Southeast Asian market, or only for Huaxia market.

Philip certainly won't lose, not to mention the super VCD technology at the moment, and the future profits from DVDs and other appliances will make a huge difference to Philip.

With more profits, they can even increase their research and development on medical supplies to get Philip over Siemens!

When Feng Yu learned that there was also an Ewa pager, Philip felt that in the field of communications, you could also cooperate deeply, such as jointly developing a mobile phone, which would surely replace the pager in the future, a fact that everyone recognized.

However, Philip thinks it will take more than 10 years, but Feng Yu thinks that in three years, the pager will become the sunset industry, and then it will fade rapidly. Within five years, the phone will replace the pager and become the dominant player in the mobile communications market!

Feng Yu's rhetoric made Thomas feel a little radical, so he made a bet with Feng Yu. If the pager really started going downhill in three years, in five years, he could see that the phone was replacing the pager, so he would agree to a condition!

After signing the agreement, Thomas quickly returned to the Netherlands, and the time is very short and the DVD bidding competition is about to begin!