Extraordinary Genius

The guy in front of him, called MP3 by Liu Sheng Zhao, is about the size of a floppy disk, about two centimeters thick, the only advantage is that it's lightweight.

Feng Yu weighed it by hand, less than 100 grams, much lighter than a walkie-talkie, CD player and MD player. The screen looks pretty bright, showing playtime, sorting the playback order, and a battery display.

According to Liu Shengzhao, two good no. 5 batteries can be used for eight hours in a row. Feng Yu tried the sound quality, it was really good.

This thing gives Feng Yu the feeling that it looks like the oldest version of I-TOUCH, but doesn't support video, that's no good.

MP3 is a portable music player, you big head, and you carry a piece of yarn!

“Liu Sheng, this product is still very different from what I imagined.” Feng Yu said helplessly.

Although the appearance and head are much different, the functionality is the same as he asked for. Most importantly, this is the world's first MP3 player, and once patented, it can block the development of other companies to some extent.

Feng Yu remembered that the first MP3 in the previous life seemed to be a successful research and development subsidiary of Sixing Co., Ltd., but the subsidiary had no money, could not be promoted, and the final project was put on hold.

But other South Korean companies have begun to hunt for this product, and the companies of the island countries are naturally not backward. But the real thing that set the MP3 on fire was the U.S. company.

And then the MP3s quickly went all over the world, and the national electronics companies, they launched the MP3s, and the market flourished. Of course, it also caused the market share of cassette walkie-talkies, CD players, MD players, etc. to shrink, and even disguised the record industry to fail!

Liu Shengzhao didn't expect that the product that he thought was perfect was actually getting this kind of evaluation, which is very different from what he imagined. What does that look like?

Looking at Liu Sheng Zhao's confused face, Feng Yu drew a hand comparison: “MP3 I made it clear that it is a portable player, be careful to carry two words. Your head is almost the same as CD and MD players. It's a circle bigger than listening. How can you embody portable words? How to increase competitiveness? If you can narrow it down by one half, then this product can be launched into the market! ”

Shrink by a half? That's not nearly the size of a cell phone, how much research and development costs will you continue to invest!

“What, can't you do it?” Feng Yu frowned and asked.

“Surely it can be done, it will continue to invest a lot of money.” Liu Sheng said worried.

“Put it on the MD side, there's no need to go into it. How many more people do you think will buy MD once it's half the size? This product brings huge profits to the company in the future, and investing those R&D funds is nothing compared to profits. ”

This is clear to Feng Yu, even if the R&D cost is double, it is very good value for money. This product not only brings great profits to AIWA, but also improves the status of AIWA, making AIWA a leader in the portable music player industry beyond Sony!

Liu Sheng thought about it, as if, he didn't turn at all.

“Well, I'm going to let people continue their research and shrink by a half. ”

“One half is not the limit. It would be better if you could narrow it by a quarter.” Once again, Feng Yu made a more demanding request.

Liu Sheng's bitter face, a quarter, will it succeed? But since the big boss asked, let's do it. Without the investment of the big boss, the AIWA company and AIWA brand would have been lost by Sony. Where is he now?

Liu Sheng Zhaoinner still has an idea. He hasn't spoken to Feng Yu on several occasions.

“General Feng, the sixth sense company, I heard the stock price skyrocketed after the US listing. ”

Feng Yu glanced at Liu Sheng Zhao: “Do you want AIWA listed financing? ”

Liu Shengzhao nodded: “After the launch of MP3 here, most of the production lines for hand-held listening and CD players will be eliminated and will not be able to use much. And we need to continue to invest more in research and development on headphones, audio, power amplifiers and other products. We also need to build a new factory or expand an old factory. ”

Feng Yu asked curiously: "Didn't the company lend a lot last time? ”

AIWA loan, Feng Yu borrowed it through legal means for a while, and then even repaid the principal and interest. Listings can be financed and more financed, but the same amount of money you earn is going to be distributed to others.

Unlike the sixth sense, AIWA specializes in electrical and electronic products around music. Unlike Masahiro Kamada, AIWA has to run its own magazine, run its own TV station, expand the range of products, expand the factory and so on. There are a lot of places to spend money.

“It's not enough. We don't have a lot of research and development projects at the same time. Naturally, we spend a lot of money. Of course, if it's not listed, the capital can be turned around, but after the listing, the company's share price can rise so much that our company's market value can also surge a little.” Liu Shengzhao said.

Feng Yu understands, that's the point. The company is listed and shares are offered at a premium. As the stock price rises, so will Liu Shengzhao's family. Is he trying to make a cash payment to do something?

Never mind, whatever other people are going to do, anyway, this AIWA company is going to be listed in the future, and using other people's money to develop their own business, that's the best ~ forced practice.

“When this MP3 study is successful, it will be marketed, and then we will put AIWA on the market, we will certainly make more money. You're on the market now, and the price won't be too high, so think about it.” Feng Yu cautioned.

“I know that. That's what I meant. Once this product has been successfully promoted, it will be a good time to market. It was time to replicate it with financing, and then profit from this MP3, the virtuous cycle.” Liu Sheng Zhao Daxi Road.

He is not anxious to have the company listed, but if the company is not listed, the value of his assets will not be reflected, affecting his status and that of his family.

He has no intention of cashing in on the stock of the company at this time, he just wants to make his own family rise, so as to give more help to the Liu Sheng family.

A rich man worth 100 million dollars and a rich man with a family of 500 million dollars must have a different voice. The position of chairman of a multi-billion dollar company is even different from the position of chairman of a multi-billion dollar company!

“Well, remember to give Edward Electronics in the interior a copy of this flash memory application technology, so that it can also be studied there.” It's all Feng Yu Holding's company, of course there is such a patent swap agreement.

The reason Feng Yu reminded Liu Shengzhao to offer this technology to Aihua Electronics is to allow Aihua Electronics to use this MP3 product to develop another flash memory application product, the USB flash drive!