Chapter 1117 VCD Player Is Developed!

The biggest difference between Xiangjiang and Pretoria may be the temperature.

Over in Pretoria, it's around 20 degrees Celsius all summer.

However, here in Xiangjiang, the temperature reaches more than 30 degrees Celsius in summer.

Ma Shuke's face often turns red easily. Now when he was walking with his father on the streets of Xiangjiang, the heat made his face even redder.

When night comes.

Errol and Mashuk went to the Happy Valley to watch the races.

Then we went to Lan Kwai Fong for a drink.

It wasn't until late at night that Errol and Mashuk took the car back to the Oriental Mandarin Hotel.

On this day, they saw too many white people in Xiangjiang.

"Ma Shuke, how are you? Do you like Xiangjiang?"

At the end of the day, Errol discovered that if the weather outside in Xiangjiang was not too hot during the day, he felt that Xiangjiang would be more suitable for life than South Africa.

"Father, I'm not used to it yet."

Mashuke obviously felt that Xiangjiang was much more prosperous than Johannesburg. However, Mashuke, who had just been here for a day, was still not used to it. He still missed his studies and classmates in Pretoria.

"I think many wealthy South Africans will immigrate to Xiangjiang soon."

Before Errol came to Xiangjiang, although Sir Yang talked about the benefits of immigrating to Xiangjiang at the rich party banquet that night, he really had not thought about developing in Xiangjiang.

Now, at the end of the day, he feels the charm of this city.

In other words, if those wealthy South Africans come here in person, they will definitely immigrate here in large numbers.

Have a night's rest.

Early the next day.

Errol took Mashuk out of the Oriental Mandarin Hotel and took a car to the Peak of Victoria Peak.

. . .

at this time.

Yang Ming finished breakfast.

He was preparing to return to the Empire Group with Alina and Yingla.

Lin Dezhong received a call from Xiangjiang Science and Technology City.

"Mr. Yang, your phone number."

Yang Ming picked up the mobile phone. After answering the phone, he learned that it was in Xiangjiang Science and Technology City. According to the VCD Yang Ming said, the technology company invested by the Empire Group in Xiangjiang Science and Technology City had already developed and produced it.

When Yang Ming went to Japan for the first time, at a karaoke bar in Ginza, Tokyo, he saw those that could pass laser disc players, and he thought of VCDs and DVDs.

Historically, VCD machines did not officially appear and be commercially available until 1993.

Today, it is only 1986, a full seven years ahead of schedule.

The emergence of VCD, Yang Ming knew, was of great significance and value to global film and television, records, etc.

Historically, the world's first VCD machine was developed by a domestic company called Wanyan.

Many people attribute the first success of Wanyan VCD to "inspiration + opportunity".

In April 1992, Jiang Wanmeng, who was still working at Anhui TV Station, went to Country M to participate in the International Radio and Television Technology Exhibition.

At this exhibition, Jiang Wanmeng was firmly attracted by an inconspicuous technology exhibited by C-CUBE Company of M Country, MPEG decompression technology.

Jiang Wanmeng is keenly aware that MPEG technology, which can store images and sounds on a relatively small disc, means that a high-quality and low-cost audio-visual product can be created for people to use at home.

Sun Yansheng, the chairman of C-CUBE, happens to be a Chinese-American businessman. The two hit it off and decided to develop MPEG technology into consumer electronic products.

Jiang Wanmeng immediately invested US$70,000 in development.

In September 1993, the two collaborated to develop the world's first VCD player in Hefei, named Wanyan. When it was put on the market at a "high price" of 4,000-5,000 yuan per unit, the first batch of 1,000 VCD machines were all bought as prototypes by various electronic manufacturers as soon as they were put on the market, and sales were extremely hot.

While Wanyan was trying to develop its ambitions, Aido, Xinke, Xiamen Xiamen, Wanlida, Jinzheng, and Xianke were all rushing to the market. The VCD products they manufactured using Wanyan's prototype immediately occupied most of the market.

From 1995 to 1997, the media used the term "blowout" to describe the prosperity of the VCD market. Because it did not apply for a complete machine patent for its first invention, Wanyan gradually lost its advantage in the face of low-price competition from many brands. However, the brilliance created by this brand has become a rich and colorful history in the home appliance industry.

But what Jiang Wanmeng didn't expect was that in just a few years, VCD would rise rapidly in China and become popular all over the world, becoming a large industry with annual sales revenue of more than 10 billion yuan.

Even countries like Japan and M, which have developed electronic industries, have to refer to the Wanyan VCD he developed for production. Since 1996, the domestic VCD market has grown several times every year, with sales soaring from 600,000 units in 1995 to more than 6 million units in 1996, and sales reaching 10 million units in 1997.

In just five years, the cumulative sales of VCD players have reached 50 million units, and it has given birth to well-known domestic brands such as Aiduo, BBK, and Xinke.

But Wanyan's market share in this industry dropped from 100% to 2%.

Talking about the reasons for the failure, Feng Yidan, chairman of Wanyan Company, later said sadly that technically, Wanyan invented the VCD machine but did not apply for a patent. After it was put on the market, it was copied by domestic and foreign companies. These manufacturers entered the market with less investment. The VCD industry has sufficient funds for market development.

Wan Yan faced a large number of competitors, but had no shield to protect itself. In terms of funds, Wan Yan invested 16 million US dollars in the early research and development. At that time, ordinary people in China had almost no knowledge of VCD. In order to develop the market, Wan Yan invested another 20 million yuan. Due to the excessive investment in the early stage, Wan Yan was already overwhelmed.

The shortage of funds made Wan Yan difficult to move forward; in terms of market development, Wan Yan had insufficient marketing experience in the initial stage and did not pay attention to the market operation of products.

The funds were mainly deposited in the technology development and market development stages. Compared with brands such as "Aido" that spent huge amounts of money on advertising to create momentum, Wan Yan's marketing seemed to be unable to do so, and it did not create momentum. Its market share was eaten up and it ended up making wedding clothes for others.

At this time, when Yang Ming heard that VCD was developed, he was indeed very excited.

Because now, compared with black and white TVs, or even color TVs, it is nothing.

Even in China, with the rapid development of the country, more and more families own color TVs.

In addition, the Netflix company that Yang Ming planned to establish in the United States naturally could not develop without VCD and DVD players.

It is different now.

VCD was developed by a technology company under the Empire Group that is not well-known. As long as the Empire Group registers the relevant patents in advance, it can obtain a lot of income and even patent fees in the field of VCD players.

Yang Ming knows.

The reason why VCD players can be developed in advance now.

In addition to the theory that Yang Ming pointed out in advance, there is also a lot of financial support, and the investment of talents in Xiangjiang Science and Technology City. In addition to the talents dug from the United States and Japan, the talents of Su Lian now join, which will accelerate the research and breakthroughs of the Empire Group in this regard.

Chapter 2!

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