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Chapter 253 Crisis is Opportunity

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    Will Wang Yaocheng sympathize with them?

    Impossible.

    Among the world's computer manufacturers, the oppo brand computer was born and seized most of the market share. Japan and South Korea were particularly hit hard, and the losses were particularly tragic.

    ?The major Korean-funded factories have not recovered from the heavy blow, and the industry has no plan to restart operations and launch new products.

    According to the precise sales strategy of Atlantic Business Machines, the Japanese and Korean markets are saturated with supply, and the focus is on sniping, which makes it impossible for their outdated products to be sold.

    With the passage of time, computer technology products are replaced very quickly. Who will buy these expired garbage after one or two years?

    Among the major Japanese-owned manufacturers, Sony and Panasonic rely on the strong blood transfusion of their parent companies, and are currently preparing to launch new products. Old products are 30% off and 40% off.

    The less powerful Japanese-funded manufacturers withdrew sadly, hiding in the corner and silently licking their wounds.

    The situation of Fujitsu Co., Ltd., which is located in the first-tier large factories, is particularly difficult. After the three killings in the stock market, foreign exchange market, and real estate market in Fusang over the past two years, all comprehensive large trading companies have been seriously injured and basically stripped of their skins.

    The house leaks happen to be rainy continuously.

    Fujitsu Co., Ltd. is a multinational company with nearly 120,000 employees. It provides a full range of information and communication technology products, spanning military and civilian electrical fields. Personal computer equipment in particular supports half of the company and is also a major contributor to corporate profitability.

    In the field of high-tech communication electrical appliances production, Fujitsu Co., Ltd. can be said to have a long history and profound heritage.

    ?From 1937, Fujitsu began to manufacture carrier communication equipment, mainly for the military market.

    In the 1950s, it turned to the direction of manufacturing integrated communication equipment and developed the civilian market.

    In 1951, it became the first company in Japan to manufacture electronic computers, and its products gradually expanded overseas, selling well in various countries with low prices and high quality.

    In 1954, Fujitsu successfully developed the country's first relay type automatic computer (facom100). During this period, with the rise of personal information processing technology, network multimedia technology and business intensive trend in the World Wide Web, Fujitsu is famous for its high-tech image of continuous innovation  worldwide.

    By the late 1970s, Fujitsu Corporation had produced the fourth generation of large-scale integrated circuit electronic computers.

    Entering the 1990s, Fujitsu Co., Ltd. has become a leading brand computer manufacturer in the world, accounting for 21.4% of the international personal computer market, and is a major player in brand computer manufacturers.

    Ranked among the world's top three computer sales, second only to IBM and Hewlett-Packard, ranking ahead of Compaq Computer, Dell Computer, Sony, and Panasonic, it is a very powerful manufacturer.

    never thought

    The oppo brand computer hits hard, and its products are popular in the world market, like a hurricane blowing on the sea.

    The increasingly prosperous personal computer business of Fujitsu Co., Ltd. came to an abrupt end. In the second fiscal quarter of 1995, a serious loss was recorded, and the sales of computer products were only tens of thousands of units, which was not as good as the usual 5%.

    This is still in the case of a serious loss of capital, and the product is sold at a 30% or 40% discount, which is really a loss.

    What's more serious is that due to the strong strength of the Fujitsu manufacturer, the famous American computer brand Dell Computer has commissioned the production of a total of 436,000 computers through orders, and now all of them are backlogged.

    Adding the two together, the backlog of Fujitsu manufacturers' products exceeds one million units, and the direct loss is as high as one billion US dollars.

    This is not counted

    All the four main factories under his command have been shut down for maintenance, and more than 40,000 workers have not worked with their wages. Every day when production is stopped, the loss is as high as tens of millions of dollars. After a few months, more than one billion dollars will be wasted.

    ?There are mountains of products in the warehouses of general agents, stores, and franchisees in various regions of the world, and they have to deal with high rents, various expenses, and huge liquidity, all of which have become bad debts.

    Some of these small agents went to the Fujitsu company building and jumped off the building, and the various tragedies cannot be repeated one by one.

    As for Dell Computer Company, which has already been heavily in debt, it will be difficult to turn around in this life, and it must be a dead end.

    Many creditor banks in the United States and investment managers have surrounded Michael Dell. It is said that he will soon apply for bankruptcy protection. The headquarters of Dell Computer Company is empty, and the personnel sent by Fujitsu to the United States cannot even meet.

    This was almost the last straw that broke the camel's back. All the 436,000 computers produced for Dell Computer fell into their own hands. Fujitsu really wanted to cry without tears.

    How could such a huge amount of products fall into the hands of manufacturers?

    This is about the special operating method of Dell Computer Corporation.?, simply put, it is product direct sales.

    Manufacture computers according to customer requirements, and ship directly to customers, reduce unnecessary middlemen and channel costs, reduce inventory, and realize direct connection between manufacturers and consumers.

    The problem is that the oppo brand computer set off a hurricane in the world through Yahoo search ads, and quickly swept across the world.

    Dell computer customers have canceled their orders and returned products that have already been shipped, and even users who have previously purchased Dell computers have also returned their products one after another (unconditional return within a certain period of time is a common rule in European and American markets).

    Generally speaking, the computer store will advance the customer's funds, and finally settle the bill with Dell.

    However, Dell Computer Company was caught off guard, and it had become exhausted to deal with all this. For some reason, it did not notify Fujitsu.

    ?As a world-class multinational company with overlapping and bloated organizational structures, Fujitsu naturally couldn't respond quickly to the sudden changes, and was still working overtime to prepare for the Thanksgiving peak season.

    So, hehe!

    Sitting on the deck chair by the rooftop swimming pool, Wang Yaocheng took a sip of iced juice and felt refreshed from body to mind. It was so refreshing to watch Fujitsu Co., Ltd. sink into the mud!

    The financial status of these large listed multinational companies is generally hidden from others, because of cross-industry operations, there are many layouts in the real estate, public utilities, and financial securities industries in Fusang.

    ? Fujitsu suffered heavy losses after the financial bubble burst in Fusang, and suffered serious losses of more than 10 billion U.S. dollars for three consecutive years, which can be said to be a serious blow to its vitality.

    The reason why it quit the electronic semiconductor industry and sold the newly built eight-inch fab at a low price is also to alleviate the imminent financial problems of Fujitsu Corporation.

    Unexpectedly, the problem now is not to cut off the wrist, but to cut the waist.

    ? Now let's see if the Japanese-funded first persuasion bank consortium is willing to lend a helping hand?

    ?As a company under the Japanese consortium's No. 1 persuasion bank, Fujitsu Co., Ltd. is also organized and reliable.

    The problem is that the First Bank Consortium suffered even more after the economic bubble burst, writing down tens of billions of dollars in bad debts. I am afraid that there is not much power that can be used on Fujitsu.

    Moreover, the companies under the Daiichi Bank consortium include Mizuho Bank, Asahi Life Insurance, Fuguku Life Insurance, Nissan Marine Insurance, Itochu Corporation, Nippon Express, Seibu Department Store, Isuzu Motors, JFE Steel Corporation, Kawasaki Kisen, Shishido and other large enterprises.

    ?From Wang Yaocheng's point of view, the first persuasion bank consortium should not invest billions of dollars to save Fujitsu Co., Ltd., and more depends on Fujitsu itself.

    After all, Fujitsu Corporation is a listed company with millions of shareholders.

    ? The first persuasion bank consortium is only the largest shareholder accounting for more than 30% of the shares. This is not a wholly-owned subsidiary, and there is no need to carry all the burdens on its shoulders.

    All Wang Yaocheng had to do was to wait, wait for the situation of Fujitsu Co., Ltd. to deteriorate day by day, to become terminally ill, and then rush up to take a bite.

    Does Fujitsu Co., Ltd. have any good things?

    the answer is;

    There are, and there are many, counting them is simply mouth-watering.

    If you focus on the development of civilian electronic products, Fujitsu is an inexhaustible treasure trove. It is involved in almost the electronic semiconductor and spare parts industries, and its technical level is very high, at least reaching the world average level.

    Fujitsu Co., Ltd.'s flagship products are semiconductor memory chips and computers, but in the field of communication electronics and liquid crystal displays, it can also be called a powerful multinational company.

    The image of Fujitsu Co., Ltd. as a high-tech company that is constantly innovating in the world is formed through the accumulation of technology bit by bit, and enjoys a worldwide reputation.  (Remember the site URL: www.hlnovel.com
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