Chapter 321: 1950 (3)
Money is a good thing, and in general, no one will have too much.
With Carl taking the lead, Wells, Carlson, and even Vydak all relaxed their posture and introduced their plans for next year with exaggerated rhetoric, either saying how important the plan is, and if it is a huge return, or saying that the plan is difficult but important.
All in all, we need support.
This way of asking for money, of course, Evan will not be unintelligible. Listening to the speeches at the meeting, he even felt a little nostalgic, which reminded him of his experience when he applied for project funding in the past.
Of course, nostalgia is nostalgia, and Evan understands what they do, but will not let it go.
Evan has absolute power over how to allocate funds, but he alone cannot use them efficiently.
Therefore, Evan can only delegate this power to the entire council. The person applying for funding needs to convince not only Evan but also his competitors that their plan will be endorsed by a majority of the board.
All afternoon, around the 20 million, the council was very lively. The directors come and go, argue with reason, and sometimes slap each other's tables and stare at each other.
No one will give in easily to the conflict of interests.
Of course, with Evan, who acts as a coordinator and plays a buffering role, the intensity of this quarrel is not great, and it will not hurt the peace.
After an afternoon of "consultations", with the allocation of funds, the work plan and main goals of the various sections of the Warren department were also decided.
Let's briefly talk about them one by one.
The first is the Magic Seven Company, whose first job is to ensure a smooth listing. This is the top priority. While Evan doesn't think anything will go wrong, he can't take it lightly. Because the success of its financing is not only related to Wall Street, but also related to the development of other companies in the coming year. After the listing, what the Magic Seven Company has to do is to prepare for the arrangement of the funds raised. After all, after becoming a public company, the use of the funds raised is subject to supervision. Doing this allows Davidson to focus on the plans he has for the company.
The Magic Seven Company was followed by the Applied Health Care Company, which received a $5 million "subsidy." The money will be used to support the development of the Pampers market and the over-the-counter drug market, the improvement of its own sales system, and the development and growth of its own research institute. The latter two are particularly valued. Not only is the importance of the research institute, but the reason why the sales system is valued is that as the company enters the pharmaceutical market, it will inevitably compete with other peers in the future, and this is no exception to Johnson & Johnson, a partner at this time. In this case, the applied health care company will naturally not let the sales channel be controlled by others, and it will become a matter of time before it breaks up with Johnson & Johnson. Moreover, the sales of the pharmaceutical industry are still very special, completely different from ordinary products, such as electrical appliances, so Carl can only build independently, and cannot adopt a resource-sharing strategy in sales channels like the Magic Seven Company and the Applied Physical Systems Company.
Then there is the applied physical system company, which has gained a firm foothold in the home appliance industry because of the outbreak of the TV market. In terms of revenue (non-profit), Applied Physical Systems is now the fourth largest in the home appliance industry, behind only General Electric, RCA (main products, radios, televisions, etc.), Whirlpool (main products washing machines, refrigerators, etc.), and before Dumont, Emerson (main products, electric fans, etc.), Motorola. Of course, if you compare net profit and assets, applied physical systems companies are far inferior to these established companies. Moreover, don't look at its current scenery, in fact, the competition it faces is not small. Of course, it is not only the application of physical systems companies that have found great promise in the TV industry, since SONY went public, in addition to those few pioneers, more than 12 different brands have emerged in the US market so far. Unlike China in the Internet era, after discovering the outlet, countless cows, ghosts, snakes and gods flocked to it, and most of the people who participated in the competition in the TV industry at this time were electrical companies like Feige (Philco) that had experience in radio manufacturing. In the electrical industry, they are not newbies, but companies that apply physical systems are. So, while it is now the Applied Physical Systems companies that have the upper hand, it doesn't mean that the current landscape will not change. Therefore, in order to stabilize the advantage, lay a solid foundation, and even go further, the company must increase investment in marketing, production, and research and development. These initiatives are a decline for General Manager Wells, and he is ready to continue to expand the product line in order not to put the company in a disadvantageous situation of relying on a single product. Wells has two plans for the selection of new products, one is to dig deep into the potential of the original kitchen appliances, and the other is to open up new areas. As for which field, it has not yet been decided, but Evan gave him two suggestions for his consideration, one is a radio, and the other is white goods such as washing machines or refrigerators. The former can also be used in TVs, and can cooperate with application semiconductors, which can be regarded as opening up commercial value for germanium transistors. The latter is more difficult because the industry is already very mature. Even Evan can only make suggestions in places like industrial design, not on the easy foothold of television.
In addition to the above, Applied Physical Systems has a plan to export technology and establish production sites overseas, which is of particular interest to Evan. The program originated from a patent assignment application filed by a company from Applied Physical Systems, Inc. That company was called Tokyo Telecommunications Industry Co., Ltd.
Because of the Korean War that broke out some time ago, the blockade was lifted, and it was strongly supported by the United States and became the rear of the United States. Tokyo Telecommunications Industry, an ambitious company, sent its employees to the U.S. to inspect the market and collect information as soon as the lockdown was lifted. They originally came to inspect the U.S. radio market, but the first thing that caught the company's attention, Akio Morita, was the rice cookers that were basically only sold in electrical stores in Chinatown.
As a yellow man who eats rice as his staple food, Akio Morita saw the potential of rice cookers at a glance. After investigating the fact that the sales of this SONY brand rice cooker were not ideal, Akio Morita boldly changed his attention and came to Los Angeles to find the headquarters of the Applied Physics Company in an attempt to buy the patent related to the rice cooker.
He offered a lot of money.
When Akio Morita thought that the United States would let him pick up a bargain in order to stop the loss, he accidentally touched the dust of his nose.
When Akio Morita came to the door, Wells was indeed moved, but who made the rice cooker was made by Evan Jean, unless he nodded, who dared to sell him.
Of course, Wells didn't dare to sell it, but after communicating with Akio Morita and Evan's previous suggestions, he proposed a plan: he wanted to establish a production base in Yuben, and use rice cooker technology as a bait to persuade Akio Morita to become a partner.
After Wells reported this plan to Evan, he naturally would not object to the layout of the plan.
Because of its independent hematopoietic ability, the Applied Physical Systems Company could not open its mouth as widely as the Applied Health Care Company, so in the end it only received a "subsidy" of 3 million. Most of the subsidy will be used for the Wales and Tokyo Telecommunications Industries.
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