Chapter 868 Yagyu Hajime Also Wants to Go Public

The guy in front of him, whom Hajime Yagyu called mp3, was about the size of a floppy disk, with a thickness of about two centimeters. The only advantage was its light weight.

Feng Yu weighed it with his hand, it was less than 100 grams, much lighter than Walkman, CD player and MD player. The screen looks quite bright. It can display the playback time, arrange the playback sequence, and there is also a power display.

According to Hajime Yagyu, two better AA batteries can last for eight hours. Feng Yu listened to the sound quality, and it was really good.

This thing gave Feng Yu a feeling. It looks like the oldest version of i-touch, but it doesn't support video, so it won't work.

mp3 is a portable music player, you are so big, you still carry a wool!

"Yusheng, your product is far from what I imagined." Feng Yu said helplessly.

Although the appearance and size are much different, the basic functions are the same as he requested. The most important thing is that this is the first mp3 player developed in the world. After the patent is applied for, it will be able to block the development of other companies to a certain extent.

Feng Yu remembered that the first mp3 in his previous life seemed to be successfully developed by a subsidiary of Four Star Company, but the subsidiary had no money and could not promote it, so the project was shelved in the end.

However, other South Korean companies have begun to dabble in this product, and the companies in the island country are naturally not far behind. But it is the American company that really makes mp3 popular.

Then mp3 quickly became popular all over the world. Electronic companies in various countries launched mp3 one after another, and the market prospered. Of course, it also led to the continuous shrinking of the market share of cassette players, CD players, MD players, etc., and even led to the collapse of the record industry in disguise!

Liu Shengzhao did not expect that a product that seemed perfect to him would receive such an evaluation, which was far from what he imagined. What would it look like in his imagination?

Seeing Liu Shengzhao's bewildered face, Feng Yu gestured with his hands and said, "I made it very clear that mp3 is a portable player. Pay attention to the word portable. Your head is almost the same as a CD or MD player. It’s a circle bigger than a Walkman, how to embody the word “portable”? How to increase competitiveness? If you can shrink it by half, then this product can be introduced to the market!”

Shrink by half? Isn't that about the size of a mobile phone, so how much research and development costs will continue to be invested!

"Why, can't it be done?" Feng Yu asked, frowning.

"It can definitely be done, but we will continue to invest a large amount of money." Liu Shengzhao said worriedly.

"Let's put it aside for md. There is no need to continue to study it. After this becomes half the size, how many people do you think md will buy? This product will bring huge profits to the company in the future. Compared with the profits , investing those R&D funds is nothing.”

Feng Yu sees this very clearly, even if the research and development costs are doubled, it is very cost-effective. This product can not only bring a lot of profits to aiwa company, but also enhance the status of aiwa company, allowing aiwa company to completely surpass Sony and become the leader in the portable music player industry, which is invincible!

Liu Shengzhao thought for a while, it seemed like this, he didn't turn the corner all at once.

"That's fine, I'll let people continue to study and shrink it by half."

"One-half is not the limit. It would be even better if you can shrink it by one-fourth." Feng Yu once again made a more demanding request.

Yagyu Hajime had a bitter look on his face, one quarter, can it succeed? But since the big boss asked, then do so. If there is no investment from the big boss, the aiwa company and the aiwa brand would have been wiped out by Sony long ago. Where would he be as good as he is now?

Liu Shengzhao still had an idea in his heart, and he didn't say it a few times, so he happened to mention it to Feng Yu today.

"Mr. Feng, I heard that Sixth Sense's stock price has soared since it went public in the US.

"

Feng Yu glanced at Liu Shengzhao: "Do you want AIWA to go public for financing?"

Yagyu Hajime nodded hurriedly: "After our mp3 is launched here, most of the production lines that produce walkmans and cd players will be eliminated, and there are not many that can be used. And we will continue to invest in earphones, stereos, and power amplifiers. After increasing R&D investment in products, we also need to build new factories or expand old factories, all of which need money.”

Feng Yu asked curiously: "Didn't the company borrow a lot of money last time?"

Feng Yu borrowed the loan from AIWA company for a period of time through legal means, and then returned the principal with interest. Although listing can raise funds and get more funds for development, but the same money earned must be distributed to others.

aiwa is different from Sixth Sense, aiwa specializes in electrical and electronic products around music, unlike Masao Kameda, who also has to run his own magazine, run a TV station, expand product categories, expand factories and so on, which cost money There are many places.

"It's not enough. We don't have too many projects developed at the same time, so naturally we spend a lot of money. Of course, it doesn't matter if we don't go public, and the funds can still be turned over. But after the listing, the company's stock price has risen so much, our company's Couldn't the market value also skyrocket," Liu Shengzhao said.

Feng Yu understood, this is the point. When a company goes public, it sells shares at a premium. As the stock price rises, Liu Shengzhao's net worth will also skyrocket. Is he trying to cash out a sum of money and do something?

Forget it, no matter what other people are going to do, anyway, this aiwa company will still go public in the future, and using other people's money to develop their own business is the most awesome way. △≧miào.*bi(.*)gé△≧,

"After the successful research of this mp3, it will be sold on the market. At that time, we will make aiwa public, and we will definitely be able to earn more. If you are listed now, the stock price will not be too high. You must think clearly about this." Feng Yu reminded.

"I know this, and I also mean the same. After the product is successfully promoted, it is a good time to go public. At that time, it is just right to use the financing funds to promote it, and then make profits from this mp3, a virtuous circle." Yagyu Akira said happily.

He is not in a hurry to let the company go public, but if the company does not go public, the value of his assets will not be reflected, which will affect his status and the status of his family.

For the time being, he has no plans to cash out the company's stock, but just wants to increase his net worth so that he can give more help to the Yagyu family.

A billionaire worth $100 million must have a different right to speak than a billionaire worth $500 million. The status of the chairman of a company with a market value of hundreds of millions of dollars is completely different from that of the chairman of a company with a market value of several billion dollars!

"Well, remember to give a copy of this flash memory application technology information to Aihua Electronics in the Mainland, so that they can help with the research." They are all companies controlled by Feng Yu, and of course there is such a patent exchange agreement.

The reason why Feng Yu reminded Liu Shengzhao to provide this technology to Aihua Electronics is to let Aihua Electronics use this mp3 product to develop another awesome application product of flash memory-usb disk!