After The Little Tyrant was acquired, the factory will produce two brands of products. One will be Aiwa Learning Machine, and the other will be The Little Tyrant Super Learning Machine. The retail price of The Little Tyrant Super Learning Machine will be set at 2,680 RMB.
The Learning Machine market was finally under Feng Yu's control.
Norio Ohga had been keeping an eye on Aiwa. After all, Aiwa still had not cleared their debts with Sony. This year, Aiwa had introduced two models of Walkman, and they had defeated Sony once again. Aiwa had defeated Sony in every aspect. Now, Aiwa had more than 40% of the global Walkman market share, and it was still increasing. Sony's market share had dropped to about 30%, and it was still dropping!
But Norio Ohga discovered that AIWA had made a mistake. After AIWA cooperated with Nintendo, they had produced a Learning Machine!
What was this? A video game console did not look like a video game console, and a computer did not look like a computer. How can this product be popular in the market? Seems like Aiwa's profits from Walkman this year will be wasted on this Learning Machine.
Aiwa had asked Nintendo to manufacture this product for them? Was Nintendo stupid? Why did they give most of the profits to Aiwa? It was because there were no profits! Nintendo had set their eyes on Aiwa's distribution channels in Hua Xia.
Aiwa's boss, Hua Xia, was also stupid. He had helped Hua Xia to allow the importation of video game consoles.
After Nintendo and Sega entered the Hua Xia market, those video game consoles manufacturers in Hua Xia would be finished. This laughable Learning Machine would also be eliminated. This was the classic case of inviting a wolf into the house. Shortsighted!
Aiwa might be the same as before. They will be dragged down by a failed product!
Once Aiwa runs into financial problems again, Sony's Walkman will rise again. Sony was now developing the ultra-thin Walkman. Once it was launched, they would be able to make a comeback!
Aiwa had invested all their efforts into this Learning Machine. Feng Yu heard that Aiwa had exchanged some technologies with Hua Xia's company and purchased two production lines. Aiwa was going to manufacture a new type of VCR.
Norio Ohga is overjoyed. Heitaro Nakajima is too greedy and wants to do everything. Does AIWA have the ability to manage so many businesses? Do they have enough R&D personnel? Not every company has as many technicians as Sony!
This way, AIWA's Walkman technology will be overtaken by Sony! Especially at the end of this year, Aiwa still needs to repay Sony's debt. Aiwa had been spending money like a tycoon, and how are they going to repay Sony at the end of the year? Does that Hua Xia brat still have money?
If Heitaro Nakajima was fired by Hua Xia's boss because of this incident, then AIWA will be finished. Without Heitaro Nakajima, AIWA will not have the chance to rise again!
When Norio Ohga and the rest of Sony's top management and the rest of the Japanese electronics companies were waiting to see AIWA and Heitaro Nakajima's downfall, they suddenly received news that Hua Xia's Learning Machine had run out of stocks. The distributors were waving their cheques and begging AIWA to speed up the production.
After that, the Learning Machine started to appear in other Southeast Asian countries. Although the sales were average, there are no competitors and they did not make any losses. Also, it seems that after the Learning Machine enters the market, it will be profitable!
This time, Norio Ohga, Sony, and the rest of the Japanese electronics companies were stunned. They started to research why this Learning Machine can become so popular. Why can this Learning Machine make money?
To them, this is just an old cassette game console. Although it has some typing and foreign language learning functions, the technologies are not complicated and there are no special features. But this product was so popular in the market!
After that, AIWA acquired a company in China and started to produce another brand of Learning Machine. AIWA also started to sell the Learning Machine in Japan.
All the Japanese companies did not expect that many people in Japan were buying this Learning Machine. As AIWA's Learning Machine was sold in their own retail stores, there was no need for them to promote it. The Learning Machine was also recognized in the Japanese market!
Also, there were people saying that AIWA's technologies were good enough to manufacture PCs and was better than Sony. What a joke! Do you think it is easy to manufacture PCs? Our Sony's PCs had been manufactured a long time ago. AIWA's consumer electronics technologies cannot be compared to Sony, except for the Walkman!
But they firmly believe that this will only last for a while. Aiwa will not make money from this. Furthermore, AIWA still wants to produce a new VCR. This is a joke!
It is impossible for AIWA to make money from every product!
… …
At Nintendo's headquarters. The President was furious.
It had been one month since Hua Xia entered the market. What about the sales? What did you all say? Hua Xia is a blank market. If we enter this market, we will surely increase Nintendo's sales and profits in a short time.
But? In the second month, no distributors were willing to place any orders. This was because the first month's products were not sold out yet!
The factories had increased the production of the consoles, but they were not selling well. Nintendo had no choice but to lower the prices of the consoles. If the market share was taken away by Sega, the President could still accept it. After all, Sega was the world's number 2 company, and some of their technologies were ahead of Nintendo.
But in reality? The people of Hua Xia do not approve of Nintendo's console! They do not even approve of Nintendo's brand!
They had paid advertising fees, but why were there only advertisements in the newspapers? What about the TV channels? Hua Xia had satellite TV stations covering the whole country. Why did they not advertise? What? Can't buy? Useless! All of you are useless!
Nintendo had underestimated the market share of Hua Xia. The prices of their products were too high, and the people of Hua Xia will not accept it. Those consoles that were sold were only worth about 1,000 RMB. No one bought the consoles that were worth more than 2,000 RMB.
This was because the effects of the games were the same. Nintendo had bundled their new games to sell, but they realized that their new game cartridges appeared in the market very quickly. The prices were only a few RMB to more than 10 RMB. Nintendo's cartridges were selling for more than 100 RMB.
At this time, Nintendo realized that the Learning Machine was selling well. Although this Learning Machine was Aiwa's brand, and Aiwa had more profits, Nintendo still had some profits.
But soon, Nintendo realized that Aiwa had reduced their production. They had acquired a company called Hua Xia and licensed their technologies to them to produce a Super Learning Machine called The Little Tyrant!
Nintendo felt that they had been tricked by Aiwa. They had licensed their technologies to Aiwa and helped them develop the Learning Machine. But now, they did not get any profits!
"Call Heitaro Nakajima. If they still want to cooperate with us, they must give me an explanation!"
Nintendo's President thought that with Nintendo's strength, Aiwa would surely give in. But Heitaro Nakajima said without hesitation that if Nintendo felt that they had suffered losses, then they will cancel their strategic cooperation agreement!
At this moment, Nintendo realized that Nintendo had been tricked by Aiwa! It was just like how they had tricked Sony.
Aiwa had broken their agreement, but they had obtained some of Nintendo's technologies. The technologies that Nintendo had obtained were not worth as much as what they had paid for it. Although Nintendo had gotten what they wanted the most, which was to enter the Hua Xia market and share Aiwa's distribution channels. But their products were not selling in Hua Xia. They had suffered a huge loss!
Now, Nintendo was the same as Sony. They cursed Aiwa for going downhill. They cursed Aiwa's Learning Machine to be short-lived and cursed Aiwa's video cassette players to be ignored!
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