Extraordinary Genius
Chapter 868 - Heitaro Nakajima wants to be listed
The thing which Heitaro Nakajima claims tobe an MP3 Player is about the size of a floppy disk, and the thickness is about2 cm. The only plus point about this thing is its weight.
Feng Yu held it in his hands and it felt itis less than 100 grams. This MP3 player is much lighter than Walkman, CDplayers and MD players, and the LCD screen is bright and shows the playtime.The user can also arrange the songs to their preference and there is a batteryindicator.
Heitaro Nakajima said that the player canplay songs for 8 hours with two higher quality AA-size batteries. Feng Yulistened to the sound quality and is quite satisfied with it.
This thing gives Feng Yu the feeling of theoldest version of iPod Touch, except it can"t play videos.
An MP3 player should be something small andportable. This size is too big!
"Heitaro Nakajima, this product is verydifferent from what I imagined." Feng Yu said helplessly.
Although the exterior design is verydifferent, the basic functions are all according to Feng Yu"s request. Mostimportantly, this is the world"s first MP3 player. After the patent isapproved, it will limit the development progress of other companies.
Feng Yu remembered the world"s first MP3player is developed by a subsidiary of Samsung. But this company does not havethe funds to introduce it into the market, and they shelf this product in theend.
Other Korean and j.a.panese companies alsostarted to research and develop this product. But it was an American company thatmade MP3 popular.
After MP3 becomes popular, electroniccompanies all over the world start to introduce their MP3 players and cause thedemises of Walkman, CD players, MD players, etc.!
Heitaro Nakajima had not expected thisproduct which is perfect in his eyes will get criticized by Feng Yu. Verydifferent from what you imagined? What do you have in mind?
Feng Yu looked at Heitaro Nakajima"spuzzled face, and he gestured with his hands. "I said that MP3 players shouldbe small and portable. This prototype is about the size of CD and MD players, andmuch bigger than a Walkman. How can you call this small and portable? If we aregoing to compete with others, you must reduce the size by half!"
Reduce the size by half?! It will be thesize of a mobile phone. How much do we need to invest in R&D to achievethis?
"What"s wrong? You cannot do it?" Feng Yufrowned and asked.
"We definitely can achieve it, but we willneed to invest a large sum into the R&D." Heitaro Nakajima replied.
"The research on MD players can be stopped.If the MP3 player"s size is reduced by half, how many people will still buy MD?This product will bring in high profits for the company in the future, and theamount invested now is nothing."
Feng Yu is sure that even if thedevelopment funds increased by two times, it is still worth it. This newproduct will not only bring high profits for AIWA and can also improve AIWA"sstatus. AIWA will be positioned on a level above Sony and become the leader inportable music players!
Heitaro Nakajima thought for a moment andagreed. He had not thought of this before.
"Ok. I will ask my men to reduce the sizeof this MP3 player to half."
"Half of this prototype is not the limit.It will be better if you can reduce it to a quarter." Feng Yu made anotherharsh demand.
Heitaro Nakajima was troubled. A quarter?Can it really be done? But this is what the boss wants, and without the boss"sinvestment in the past, AIWA might not exist now.
Heitaro Nakajima had something in mind butnever had the chance to speak to Feng Yu. Today, he wants to discuss it withhim.
"Manager Feng, I heard the share prices ofSixth Sense Company shot up after it was listed in the US."
Feng Yu looked at Heitaro Nakajima. "Youalso want to get AIWA listed?"
Heitaro Nakajima nodded. "After our MP3players are launched in the market, our Walkman and CD player production lineswill have to be replaced. We also need to continue to develop earphones,speakers, etc. and need to build and expand factories. We need a large sum ofmoney."
Feng Yu asked curiously. "The company hadtaken some loans, right?"
Feng Yu had borrowed some of AIWA"s fundsfrom their loans in the past, but he had returned the money with interest.Getting listed might acc.u.mulate a large sum rapidly, but at the same time, theymust give out dividends.
AIWA is different from the Sixth SenseCompany. AIWA specializes in music-related electronic devices and appliancesand is different from Kameda Masao, who wants to have his own magazines, TVchannel, and still need to produce a wide variety of products.
"The company does not have enough money. Weare developing a few products at the same time and are using a lot of funds. Westill can operate with our existing funds, but after we are listed, ourcompany"s share prices will increase, and our value will increase." HeitaroNakajima said.
Feng Yu finally understood the real reasonwhy Heitaro Nakajima wants to get the company listed. After the share pricesincrease, Heitaro Nakajima"s wealth will also increase. Is he going to sell hisshares?
Never mind. Who cares what he wants to dowith the money? Anyway, AIWA must be listed sooner or later. Using money fromother people to develop this company is also not a bad idea.
"After the MP3 is developed successfullyand launched, we will get AIWA listed. This way, we will make more money. Ifthe company gets listed now, the share prices will not increase much." Feng Yureminded Heitaro Nakajima.
"I know. This is what I am thinking too.Once this product is introduced to the market successfully, that will be thebest time to get listed. We can also use the funds raised to market our MP3 andget more profits." Heitaro Nakajima replied happily.
Heitaro Nakajima was also not in a rush toget the company listed. But if the company does not get listed, his wealth willnot increase, and it will affect his and his family"s status.
Heitaro Nakajima had no intention ofselling the company"s shares. He only wants to increase his status so he canhelp his family.
A tyc.o.o.n with 100 million USD a.s.sets andsomeone with 500 million USD a.s.sets has speaks differently. This is the samefor the Chairman of a company that worth several hundred million and theChairman of a billion USD company. The status of the Chairmen is different!
"Alright. Remember to give China"s Aiwa Electronicsthe flash memory technology and get them to a.s.sist you all in the research."These are all Feng Yu"s companies and all their patented technologies areshared.
Feng Yu asked Heitaro Nakajima to provide this technology to Aiwa Electronics is to get Aiwa Electronics to develop another successful product of the future. USB flash drive!