Chapter 560 The birth of the first electronic watch
After successfully acquiring Nikkatsu, and possibly establishing a cooperative relationship with Toyota, this trip to Japan can be considered a great success;
Immediately afterwards, Yang Wendong and others visited Aichi Prefecture for a few days and gained a greater understanding of modern industry. The automobile industry, no matter what era it is, is a representative of a country's industry;
However, it is impossible for Hong Kong to develop this kind of industry. Relatively speaking, the electronics industry, which is not smaller than the automobile industry, has greater hope;
On February 25, Yang Wendong returned to Tokyo again, and Fang Xianming from Changxing Financial also rushed to Tokyo;
Yang Wendong said: "You negotiate with Changxing Industrial, Honor Electronics or Changxing Shipping to mobilize funds from them, and then use their relationships to cooperate with the Bank of Japan to obtain enough funds to purchase Sony's shares. ”
Several manufacturing businesses under the Changxing Group have markets around the world, of which Japan is the top priority. Although its scale is not as large as that of the United States, it is close and has a similar culture, so the long-term profits are also considerable;
However, whether these funds are in the United States, Europe or Japan, they are basically not remitted back to Hong Kong. First, they need to pay taxes when leaving the country. Second, there are many industries suitable for investment in the country.
Japan has been developing rapidly in the past few decades. There are many giant companies in the future. Traditional industries are basically divided up by consortiums, and there are still some emerging industries. Among them, the most famous one in the future is Sony.
Perhaps the future generations born in the 2000s have not heard much about Sony, but from the 1980s to the 2000s, Sony could be said to be one of the trendsetters of global technology. The entire Japanese electronics industry was extremely developed, beating Europe and the United States, until it was later replaced by Apple, Samsung, and domestic companies. It took several electronics giants to join forces to get rid of it.
"Sony? Okay." Fang Xianming nodded and agreed;
Although he is not from the electronics industry, he still knows the name of the Japanese company Sony. Sony has also accounted for a large part of Hong Kong's imported electrical appliances in recent years.
Yang Wendong added: "There are several other companies called Toshiba, Hitachi, and Sharp. You can also buy some appropriately."
"Yang Sheng, do we need anything else?" Fang Xianming asked.
Yang Wendong shook his head and said: "Ignore this issue for now, just buy the stocks first. If any shareholders are willing to sell their shares, we can also discuss it."
Normal countries are still wary of overseas capital holdings or acquisitions of their own core industries. This was the case in mainland China, Europe, the United States and even Asian countries in the past;
The same is naturally true for Japan. They can even reject Wall Street in the United States, otherwise South Korea would not have the opportunity to develop. It can only be said that, relatively speaking, Japan's bones may be a little harder than South Korea
Fang Xianming agreed: "I understand, Yang Sheng."
"By the way, send someone to South Korea to check the specific situation of several major consortiums in South Korea." Yang Wendong suddenly said: "There is no need to do anything first. We will wait until the information is complete."
The time has arrived in 1970, and it will only be more than ten years before the electronics industry explodes in the future. Many electronics giants in the future will gradually emerge;
South Korea's Samsung Electronics is naturally the future leader. No matter how much profits they give to Wall Street for development, they definitely have the ability. The United States will not want a toothless dog;
If you have the opportunity, you may be able to get a share of the pie first. Even if you can't keep it later or can only keep a small part, you can still make a lot of profits. For example, if history doesn't change much, then you can sell before the Asian financial crisis in 1997. Samsung stock, there will definitely be no problems or risks.
Fang Xianming didn't think much and agreed: "Okay, Yang Sheng."
After arranging the business in Japan, Yang Wendong returned to Hong Kong.
The time will soon arrive on March 1st;
Yang Wendong came to North Point, Hong Kong. At this moment, there are large factories and factories here. Countless workers shuttle between various roads. Various cars, engineering vehicles and even minibuses are everywhere. There are also all kinds of service shops.
"The economy in North Point is really good." Bai Yushan said with a smile while holding her little daughter.
Yang Wendong said: "Of course, North Point used to be the industrial center of Hong Kong. When plastic flowers were sold well, it was very wealthy here; now there are RCA here and many electronic factories of Honor Electronics, and their incomes are higher. , which naturally boosts the surrounding economy.”
Entering the global electronic age, Hong Kong cannot fall behind. Therefore, Honor Electronics and the Hong Kong government have negotiated before to build the North Point of Hong Kong Island into a professional electronics industrial zone;
In addition to Honor Electronics and RCA, a large number of small electronics and home appliance factories have also joined in. For example, Global Electronics, the largest radio factory in Hong Kong, has a monthly production capacity of up to 500,000 radios, as well as many other electrical appliances;
As an emerging technology industry, the electronics industry naturally has higher requirements for employees, especially in terms of literacy. These high conditions naturally lead to higher employee income, which ultimately drives the economic development of the entire nearby area.
Bai Yushan smiled and asked: "Then do you already own a lot of properties nearby?"
The basic logic within the Changxing Group is that industrial parks or other large-scale infrastructure projects are normally carried out, but real estate companies will definitely build layouts nearby. Anyway, if you don't do it yourself, others will do it. Rather than taking advantage of others, it is better to take advantage of yourself.
Yang Wendong nodded and said: "Of course, but this area in North Point is still mainly industrial. Changxing Real Estate has accumulated a lot of industrial land here in advance." In fact, hoarding industrial land is the most cost-effective because of the nature of the land. Making it very cheap, so that the largest land can be obtained with the smallest cost;
Many small real estate companies that do not have a lot of capital in this era also like to hoard industrial land, and the income from land with industrial properties is relatively stable;
Of course, this market is relatively small, so just stock up appropriately in industrial areas. Changxing Real Estate generally does not look too ugly. There are too many suitable locations in Hong Kong. There is no need to carry a sheep mattress. It is better to separate a hundred sheep. Come on, a little each is better.
After several people arrived at the Honor Group's R&D headquarters building in North Point, Wang Zhiqun was already waiting at the door.
"Has everything been made?" Yang Wendong asked.
Wang Zhiqun replied: "Yes, our first generation electronic watch No. H1 has been completed. It is upstairs now. Yang Sheng, Mrs. Yang, you can go up and have a look now,"
"Okay, let's go," Yang Wendong nodded and said.
As early as more than a year ago, Yang Wendong asked Honor Electronics to research electronic watches. The demand for this thing is very high because everyone needs to tell the time, but mechanical watches are too expensive and most of them cannot afford them, while electronic watches But it can, as long as it is mass-produced in the future, the price can be so cheap that everyone can afford it;
However, electronic products that were very simple in previous lives are difficult to develop in this era. It took more than a year and millions of dollars of investment to achieve results today.
After the group arrived at the third floor upstairs, as soon as they entered the door, they saw a large table with a large number of round plastic parts larger than coins. In the middle of the plastic parts, there was a rectangular The screen has time numbers on it, which are hours and minutes, but no seconds.
Yang Wendong picked up a few and looked at them, then asked: "How accurate are these electronic watches?"
In previous lives, no one would have considered this issue. How could this watch be accurate? Everyone’s mobile phone has exactly the same time;
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But before the Internet, the time on any mechanical or electronic product was adjusted by oneself, and the time was calculated internally. There was no such thing as network calibration;
Even today's mechanical watches need to be recalibrated every once in a while, usually by comparing the news time on the TV. If you are born in the 1970s, you may still have memories of this kind of thing: frequently checking the watch against CCTV.
Wang Zhiqun replied: "Almost a day will deviate by two minutes. This is basically the limit of what we can do, and two minutes is only a range. We cannot control whether it is fast or slow, and it is completely random;
In addition, if a power outage occurs, the time also needs to be reset from zero. ”
"Two minutes a day? It's enough for ordinary people." Yang Wendong nodded and said.
As long as you are not engaged in some special occupation, you can probably know a certain time. It is usually fine if it is a few minutes off. The technology of the times cannot be accurate;
Even if you are an agent or the like, it is best to have a watch in your hand, and you must set the time before taking action.
"Yes, it is enough for ordinary people." Wang Zhiqun also replied.
Yang Wendong asked again: "How much does it cost? Have you calculated it?"
Wang Zhiqun replied: "In terms of cost, the most important thing is the LCD chip and the internal transistors. The cost is about HK$630."
"630? Is this much more expensive than an ordinary mechanical watch?" Yang Wendong asked in surprise.
Wang Zhiqun said: "Yes, mainly because the research and development costs are too high and the production equipment is relatively expensive. To maintain second-level accuracy, the material requirements are also very high. In theory, if the cost is recovered, the subsequent costs will be sharp. lower;
And now is the time when the market has just begun. We are not sure how many people can accept electronic watches. We can only take the high-price route at the beginning. ”
"What if the early costs are not included?" Yang Wendong asked.
When electronic products first came out, they were indeed ridiculously expensive. For example, arcade machines, calculators, computers, etc. in history were extremely expensive;
Yang Wendong is not sure about the history of electronic watches, but its replacement of mechanical watches seems to have happened after the mid-1970s, which means that the early prices were still quite expensive;
However, the core of the electronics industry is the cost reduction caused by technology iteration. As long as enough time is given, chips can really fall to almost sand prices.
PS: Please give me a monthly ticket
I checked the information and found that the price of the first electronic watch was ridiculously expensive, but why can’t I find it~
(End of chapter)