In less than 10 days, Liu Chuanzhi represented Lenovo Group to sign a cooperation agreement with IBM. The terms of the agreement were not announced to the public, but it was stated clearly that both parties will be working together in the PC industry in the future.
Outsiders do not know the details, but they noticed IBM had added a new counter to sell Lenovo PCs in their North American stores. Lenovo's stores in Hua Xia and other countries also added IBM counters.
IBM had agreed to let Lenovo Group sell their PC products, but they had many conditions. Fortunately, although these conditions were a little harsh, they were not unacceptable. Most importantly, Lenovo will get IBM's sales channels and customer resources.
All these will increase Lenovo's PC sales, especially its laptop sales. IBM's sales in Asia and Eastern Europe will also increase. But overall, Lenovo Group still has the upper hand.
Of course, Lenovo Group and IBM also made other deals. For example, they will authorize each other's technologies. IBM had earned a lot from these deals. After all, their patents are worth more than Lenovo.
Feng Yu was satisfied with Liu Chuanzhi's negotiation. Seems like Lenovo's acquisition of IBM's PC business will be completed faster.
At the same time, Lenovo started to advertise in North America. Their spokespeople include movie stars, singers, sports stars, etc., and all of them are young adults. This shows that Lenovo PC is young and energetic. This also represents Lenovo's target demographic.
Most importantly, < Business Weekly >, < Forbes >, etc. business magazines named Lenovo Group as the world's top PC manufacturer for the first time. If Lenovo's desktop PC sales are included, Lenovo can only be ranked in the next 3 to 5 years. This was the result of PR. This had increased Lenovo's brand value.
Gerstner also represented IBM to announce that Lenovo's PC is better than IBM in certain aspects.
Even IBM admitted that Lenovo's PC technologies were too advanced, and other companies did not expect this.
They felt IBM had invited a wolf into their den. Lenovo had dominated Asia for almost 5 years and controlled the Eastern Europe market.
But Lenovo did not do well in the American market. Lenovo had suffered losses for the past two years.
This time, IBM is helping Lenovo to enter the US market, and the entire US market might be under Lenovo's control. At that time, Lenovo will become the world's top PC manufacturer. Who else can compete with them?
For the sake of expanding the Asian market, IBM had lured their enemies into their base. This is a stupid move!
But they do not know that IBM is not losing out. IBM is no longer focusing on the PC business. They are focusing on being the leader in technology. IBM plans to invest at least 2 billion USD in technology every year for the next five years, and the total investment will be 10 billion USD.
This plan requires a lot of funds, and IBM does not have this amount of funds at the moment. Now that the share price has been falling, issuing new shares is obviously not a good choice. That's why Feng Yu can authorize Lenovo to use some of their patented technologies and even sell part of their PC business to Lenovo.
Lenovo announced to the world: North America, here I come!
At this time, the media, led by Fortune and other magazines, started a new round of threats.
Not only Lenovo is threatening the US PC manufacturers, but Hua Xia's products are also threatening the US products.
"Now, our lives are filled with Hua Xia products. From cars to buttons, they are all made by Hua Xia and produced by Hua Xia. The clothes we wear are made by Hua Xia. Many chefs in our restaurants are from Hua Xia. Many construction workers in our houses are from Hua Xia. Many parts of our cars are made by Hua Xia, and some of our cars are made by Hua Xia. "
"In the past, we thought Hua Xia is strong because of their low labor costs. Because they have a large population, many people cannot find jobs. That's why Hua Xia's products are low-value-added products and are not a threat to the US. But look at Hua Xia's Wind and Rain mobile phone. It is the best mobile phone in the world, and its sales will overtake Motorola soon. Our DVD players are Wind and Rain brand, made by Hua Xia. Now, even the computers we use are Hua Xia's Lianxiang brand. Hua Xia's electronics industry is catching up with the US! "
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Feng Yu had also seen all these threats. But unlike the others, Feng Yu had a smile on his face.
"Boss, are you not worried that Hua Xia's products will be targeted?" Masao Kameda asked curiously.
"Kameda, the US is different from Japan. They are not united. Also, the US does not have any ethnic groups. Their basic education determines that they are more concerned about protecting themselves. So what if the media says Hua Xia's products will overtake the US? "
"Stop our products from being sold? This is impossible. If the US stops trading with Hua Xia, the US people's lives will be affected more than Hua Xia. After all, we still have Eastern Europe, which is a good market for us, and we can continue to expand into Western Europe. "
"If they do not ban us from selling our products, it will not matter. Hua Xia's products have an obvious advantage in terms of price and quality. You are the consumer, and what will you choose? Our brand awareness is not high in the past, but after our advertisements, our brand awareness has increased. Are you afraid that no one will buy our products? "
"They are claiming that we are a threat. That's great. This is equivalent to helping us to promote our brand. I am overjoyed. Boycotting other countries' products because their own country's products are not good enough is the choice of the weak. Japan is doing well in this regard. Lenovo had conquered most of the Asian markets, except for Japan and Korea. I also did not expect Sony and the rest to sell their products at a discount in Japan. "
Masao Kameda is overjoyed to hear Feng Yu praising his country. But he also sighed. Those Japanese electronics giants had joined forces to sell their products at a discount in order to stop Lenovo's PC invasion. Only the weak will do this.
Since when did Japan's powerful consumer electronics industry become the underdog of the world?
"Boss, should we do something to counter this?"
"Ok. Go and settle it."
Feng Yu stood up and looked out of the window. He is looking at New York from his office in the Empire State Building.
Hua Xia's threat? Electronic products' threat? I will let you all know that these are not fake rumors. Hua Xia's products will overtake your US products!
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