What happens after the acquisition of Sanyo by Korn Ferry?

This question is a concern for many people, Jiang Hui naturally thought about it in advance, and Jiang Hui also thought about what Panasonic did after acquiring Sanyo.

From the day Panasonic took over Sanyo, Sanyo's core home appliance business began to be gradually divested.

Panasonic first negotiated with Funai Electric for the sale of Sanyo Electric's TV business in North America, in order to address the current situation of loss in the TV business of the Panasonic Group.

Later, Panasonic partnered with the Haier Group, which acquired Sanyo Electric's washing machines, refrigerators, and other home appliances businesses in the island nations, Indonesia, Malaysia, the Philippines, and Vietnam.

In the Celestial Empire market, Sanyo established Royalstar Sanyo Electric Co., Ltd. with Royalstar Group Company in 1994, and after Panasonic acquired Sanyo, Sanyo slowly withdrew from the joint venture.

In the end, Sanyo's home appliance business was completely split and sold, leaving only lithium batteries, nickel-metal hydride batteries, car navigation systems and other businesses that are the most competitive in the world, which is also the part that Panasonic valued in its acquisition of Sanyo Electric

This may seem like a cruel result, but it's hardly a bad thing.

On the one hand, after the acquisition of Sanyo, Panasonic not only eliminated a strong competitor in the field of solar cells, but also made Matsushita Electric the leader of the island country and even the world in the research and development of new energy, laying a good foundation for Matsushita Electric to maintain its strength for continued development in the future.

So this acquisition made the investor throw away the hot potato, and Panasonic picked up a big bargain, and both parties felt that they had taken advantage.

For Sanyo Electric, it is a blessing in misfortune, and finally returned to his "mother's home" after half a century.

Let's talk about it, Panasonic's acquisition of Sanyo in the previous life can be regarded as a result that is satisfactory to many parties.

But now that it has been replaced by Korn Ferry Group, there is some uncertainty about whether the situation is exactly the same.

First of all, the home appliance business is not a business that Guanghui Group has been involved in in the past, nor is it a business that Jiang Hui attaches great importance to.

After decades of development, the home appliance industry of the Celestial Empire has a certain competitiveness in the world, and the competition in the domestic market of the Celestial Empire has completely entered a white-hot state, and there is no need for the Radiance Group to wade into this troubled water.

Therefore, it can be said that the spin-off of Sanyo's home appliance business is inevitable.

In addition, Sanyo's mobile phone division, considering that the Guanghui mobile phone under the Korn Ferry Group is the world's leading high-end smartphone, Sanyo's mobile phone business and the Guanghui mobile phone have a certain complementary relationship, one goes to the mid-end market, and the other aims at the high-end market.

Therefore, Jiang Hui not only does not plan to sell Sanyo's mobile phone business to Kyocera like Panasonic in his previous life, but is ready to inject some funds for the transformation and upgrading of Sanyo mobile phones.

The current Sanyo mobile phone is the same as Sharp, Nokia, and Soe Ai, all of which are producing feature phones, but the feature phones in the island country are still a little different from those in other countries, that is, the screen is relatively large, and there are certain intelligent functions in it, and it can be regarded as a product between traditional feature phones and smart phones.

However, this is also an advantage to a certain extent, indicating that Sanyo is still relatively in place for large-screen related technology research and development, which can just achieve seamless docking with the trend of smartphones in the future.

For Sanyo, these mobile phone manufacturers with technical accumulation, it is not so difficult to launch a smart phone, it is rare to change the concept and concept, and now Jiang Hui has helped solve this difficulty, presumably the future of Sanyo mobile phone should still be worth looking forward to.

In addition to IO and OPOO, Warwick's smartphones have just begun, and Rice's company has not even been established, even if Qian IO and OPOO have only just intervened in this industry.

At this time, Sanyo mobile phone's transformation into a smart phone, mainly aimed at the Asian market in the early stage, should still be very promising.

You must know that the Sanyo brand of the island country has a great brand awareness not only in the island country itself and the Celestial Empire, but also in Southeast Asia.

At this time, the launch of a smartphone similar to the Gphone, but with a lower price, will definitely win a lot of customers.

In fact, the rise of Warwick and rice in the later generations is also due to the high price of Apple's mobile phone, which is very cost-effective and has a strong market demand, so it finally became a success.

Of course, this is also inseparable from the efforts of the employees of these two companies.

As for products other than mobile phones and home appliances, Jiang Hui thinks that he can consider leaving some distinctive things, such as the camera business and the projector business.

Sanyo has made digital cameras and high-end video cameras, such as digital cameras, under the impact of smart phones, it is destined to decline, these can be sold at a good price as soon as possible, but high-end cameras, which have always been very marketable, are also very needed by Brilliant Film and Television, so Jiang Hui intends to keep.

As for the new energy-related business that Jiang Hui cared about most when he acquired Sanyo, especially batteries and motors and semiconductors, this must be retained, you must know that Guanghui chip has just been registered a few days ago, although a group of employees have been poached from TSMC, but it is still far from the final demand, and now Sanyo Semiconductor Division is merged, which is the most suitable.

Sanyo Semiconductor's business was not well-known in later generations, but it was not the reason for Sanyo Semiconductor's poor technology, but it could only be said that Sanyo's fate was not good.

After acquiring Toshiba's nickel-metal hydride battery business, Sanyo has firmly established itself as the world's No. 1 rechargeable battery manufacturer, and at its peak, Sanyo had a 60% share of global nickel-metal hydride rechargeable batteries.

Sanyo's rechargeable battery technology has been in the leading position in the world, and its "Da Hong Pao" and NC-MR58S have both set new records for the capacity of a single battery, and the subsequent launch of the Elop brand battery has greatly improved the shortcomings of the fast self-discharge speed of nickel-metal hydride batteries, and has the advantages of long-term storage, low memory effect, high life and environmental recycling, etc., which is the benchmark for rechargeable batteries.

For the sake of its own group's business development, Sanyo is also very willing to invest in semiconductors, and has built several semiconductor factories in island countries. However, an earthquake in 2004 became the trigger for Sanyo's complete decline, when one of Sanyo's semiconductor factories was damaged but was not insured, causing huge losses, and Sanyo began to take on huge debts.

It can be said that Sanyo's semiconductor business is really Jianghui's lucky star, and if it weren't for this semiconductor factory that was burned down by fire, maybe the Korn Kwan Group would not have had the opportunity to acquire Sanyo.

You know, a semiconductor factory is casually worth billions of dollars, or even billions of dollars, such a large investment, before the output is gone, where is the Sanyo that is already going downhill?

(End of chapter)