I don't know what kind of mentality Goldman Sachs Island Country Company has, and the signing ceremony for the transfer of Sanyo Company's shares is very grand.

When it was close to 11 o'clock, the scene was already lively, and the attendees of management companies such as Goldman Sachs Island Country, Daiwa Securities, and Sumitomo Mitsui Banking Corporation were already waiting for the start of the signing ceremony in the rest area.

At the ceremony site, there was naturally a crowd of people.

"Tokuda-kun, you're here too. In the crowd, a middle-aged uncle greeted an acquaintance on the side.

"Yes, Kobayashi-kun, I haven't attended such a lively signing ceremony for many years. A middle-aged man with an NHK sign replied.

NHK is the first mass communication organization established in the island nation under the Broadcasting Act, and is headquartered in Shibuya-ku, Tokyo, and has television stations in each prefecture with considerable program production capabilities.

Naturally, such a media will not miss such a major historical event as the acquisition of Sanyo Group.

True, in the eyes of NHK, this is a historical event.

Perhaps, this will mark the beginning of the decline of the island country's electrical appliance industry, and more and more home appliance giants will embark on the same path as Sanyo in the future.

Home appliance manufacturers in the island nation have led the world in white goods such as washing machines and refrigerators, as well as electrical appliances such as televisions and video recorders.

After entering the 21st century, the island country electricity has turned from prosperity to decline due to the rapid rise of the home appliance industry in South Korea and the Celestial Empire. The emerging forces conducted thorough research on the products of the island countries and quickly encroached on the market share of the products of the island countries with the advantage of low prices and high quality.

When launching products overseas, manufacturers in island countries mostly copy the products sold in the island countries, while manufacturers in South Korea investigate the lives and needs of local people and reflect the results on their products.

For example, washing machines with two tiers of laundry troughs were introduced to cater to the Celestial people's habit of not mixing underwear with other clothes, and in India, locks were introduced to prevent food theft.

The reason why it is easier for emerging companies to participate in market competition largely depends on the change of the times when electrical appliances are developing from analog signals to digitalization. In the era of analog signals, both product development and assembly technology require high technical capabilities. This has also become an obstacle for latecomers to enter the market.

Most of the leading island companies in the field of home appliances are able to quickly develop high-performance, high-quality products, and there is a great demand for such products in the world market.

However, with the development of digitalization, the technical barriers are getting lower and lower. Rapid advances in semiconductor technology have made it easier to manufacture products with the same functionality and performance. High-quality and inexpensive products are widely favored by consumers, and sales are also rising.

However, the enterprises of the island countries stick to the successful experience of the past, thinking that as long as the products are of good quality, they will definitely have a market, and stick to the policy of manufacturing high-performance products.

However, in markets dominated by emerging countries, products that are "good quality but a little expensive" do not sell well, and only "cheap products" or "expensive products that don't matter if they are expensive because of their scarcity, brand, or significance" can survive.

In fact, in Jiang Hui's view, the "decline" of the island country's electrical appliance enterprises is largely not due to the failure of the technology and products of the island countries' enterprises, but because their business thinking is too rigid and the market response is too slow, resulting in a decline in their market adaptability and a decline in their globalization strategy and management capabilities.

In other words, the decline of the island's national electrical appliance enterprises is not due to their products and technologies, but to their operations and concepts.

Another point is that the collective decline of the island country's electrical industry also includes active transformation.

In recent years, island enterprises increasingly believe that the Celestial Empire and South Korean enterprises have stronger cost management capabilities and can make products cheaper, which island countries enterprises cannot match, rather than fighting with Chinese and South Korean enterprises at the price level, it is better to take the initiative to turn to the fields that Chinese and South Korean enterprises have not set foot in or have been involved in but are not competitive.

Therefore, there are similarities between the transformation of home appliance companies and the voluntary withdrawal of American companies from the field of home appliances 40 years ago.

Back then, the island nation took over the baton from the Americans; And today, the Celestial Empire and South Korea have taken over the baton from the islanders.

However, the world's digital technology remains in the hands of Americans.

"It's really ironic that such a lively signing ceremony is actually a ceremony for the Celestial Empire to acquire an island company. ”

"The Celestial Empire has indeed developed very rapidly in recent years, if it weren't for the fact that I happened to go to Shanghai two months ago, I can't believe that the Celestial Empire has developed to that extent, far from the Celestial Empire where I used to imagine bicycles everywhere, ordinary people wearing tattered clothes, and even the problem of eating has not been solved. ”

"It's a pity that there are not many people who can be as soberly as you, you look at those comments on the Internet, either sad or scolding, has anyone seriously analyzed this matter?"

"Netizens, you can't expect them to publish any insights, the real thing still needs us media to go back and write a manuscript. ”

……

"Sister Guan, it seems that we have a big news today, an unexpected joy. "One of the leading reporters of the Celestial Dynasty Youth Daily, known as Sister Guan, followed Chen Yanping to interview Jiang Hui's Xiaoguan.

Thanks to the good relationship with the Korn Glory Group, as well as the many exclusive news provided to her by the Glorious Glory Group's rapid development in recent years, Xiao Guan quickly made up for the position left by Chen Yanping after Chen Yanping left the Celestial Dynasty Youth Daily, and successfully changed herself from Xiaoguan to Sister Guan.

The title of Sister Guan is not based on how old Xiao Guan is this year, but reflects Xiao Guan's status within the newspaper.

Everyone knows that the news of the Korn Glory Group, especially the news related to Jiang Hui, is difficult to obtain, but people can get it often, and the leaders of the newspaper do not pay attention to her.

If she is poached by the imperial court like Chen Yanping, the loss of the Celestial Empire Youth Daily will be great.

"When I came, I vaguely felt that the Korn Glory Group was going to make some big moves, after all, people have always been very low-key, this high-profile invitation to us to go to the island country to participate in a signing ceremony, it can't be a casual ceremony, but I didn't expect that they would actually acquire Sanyo Group. Xiao Guan said with a little emotion.

"Yes, what a big company Sanyo Group is, I heard that they have nearly 100,000 employees, and their products involve home appliances, mobile phones, semiconductors and other fields. ”

"It's also a big-handed company, I said Xiao Wang, you didn't learn Japanese in vain. ”

"Hehe, if you want to come to the island country, you must pick up the old things and pick them up. ”

"You can interview those island people in a while, and we will also raise our eyebrows. ”

……

(End of chapter)