These companies that had bought the authorization for the VCD patents had the ability to produce VCD players. But because of the protection of the patents, they could not produce it.
Now that they had gotten the authorization for the VCD patents, although the prices were high, it was still acceptable compared to the profits. Most importantly, these companies do not want to miss this opportunity. They can produce VCD players and develop new technologies at the same time. If they could develop a new technology to replace the VCD players, this piece of cake might belong to someone else in the future!
Toshiba had also gotten the authorization for the VCD patents. All the major consumer electronics giants had gotten the authorization for their VCD patents. Some of them got the authorization themselves, and some cooperated with others. Only Sony was kicked out of the meeting.
When Sony's representative returned to the meeting, he was scolded by Norio Ohga. Norio Ohga had said that with the VCD players, they could enter the Hua Xia market again. Now, this opportunity was nipped in the bud. The production lines they had prepared were all wasted!
Sony was not interested in the profits from the VCD players. They were interested in training the workers. This was for them to introduce DVD players in the future. The DVD patents might be in Feng Yu's hands, but if they could set the industry standards, Wind & Rain Electronics would have to compromise in the future. The DVD player's storage capacity, clarity, etc. had improved a lot. It could also be used on PCs.
Now, Sony was finished. The VCD players could not be produced, and the DVD industry standards had not been decided yet. All they had invested was no returns. This deal was a huge loss!
But Sony's DVD industry standards were in cooperation with Toshiba. That's why Norio Ohga went to look for Toshiba's President personally to discuss this cooperation.
Sony had prepared a production line and was willing to invest. They wanted a share of the profits and develop the DVD together. If they could develop the DVD player equipment first, and the technology was mature, then they or Wind & Rain Electronics would make more profits.
Toshiba considered for a while and decided to cooperate with Sony. This was because they still had other business dealings, and they did not want to offend their allies.
But they did not agree to name their VCD players as Toshiba or Sony. They must call it Toshiba. Sony had no choice but to give in. In the end, both parties worked together to set up a Toshiba brand of VCD players. Sony provided the equipment, workers, and funds for 40% of the shares.
Toshiba's VCD players were launched in Japan, but it was blocked. Sharp, Fujitsu, NEC, Panasonic, and many other electronics giants also introduced their VCD players.
Although Toshiba's VCD player cost was very low due to their high production and high efficiency, it was the same for other companies. Everyone's cost was about the same. If you can lower your prices, so can we.
But at this time, Aiwa, which was the leader of Japan 'VCD player, did not do anything. They did not even lower their prices.
Not only Japan, Europe, US, and many other countries had started to produce VCD players. Even in China, there were new VCD players brands.
VCD players in to VCD players. to sell. players. in to to to to, Players, Aiwa. VCD players to to sell to the VCD players. Feng Feng to to to to. to Not to Players. to to to, Feng Feng, but. to not to.. to, to to Aiwa to prices.
Of course, Feng Yu did not ask them to set the prices very high and increase the prices of their products. Feng Yu told them that Wind & Rain Electronics and Aiwa Electronics were targeting the overseas market. But if anyone dares to touch their bases, then don't blame them.
If you can't sell your VCD players, your deposit will be in vain!
Those companies that bought the VCD patents had to sell at least 10,000 units of VCD players every year. Wind & Rain Electronics also followed this standard and collected deposits from all the companies. If the companies could not meet this standard, then the deposits will not be refunded. Also, the authorization for the next year will be terminated.
500,000 USD for each company. 46 companies. Wind & Rain Electronics had collected 23 million USD. This was enough for them to expand their production lines and produce more advanced Super VCD players!
It was not only Wind & Rain Electronics. Aiwa Electronics and other Aiwa factories were also upgrading their equipment and expanding their production lines.
This time, everyone agreed with Feng Yu. It was time for the VCD player to explode. The whole industry will improve, and their Super VCD players will be more compatible, clearer, easier to use, and have many new features. They will continue to lead the market and occupy the biggest market share.
Although a lot of the market share would be taken by other brands, the overall market would increase. Not only would their sales not decrease, but they would also increase.
Many VCD players manufacturers were curious why Philips, which was working with Wind & Rain Electronics, did not introduce VCD players. Philips also had the authorization for the VCD players.
Other than Hua Xia market, the prices of VCD players in other markets had dropped. Wind and Rain VCD players, Aiwa VCD players, and Aiwa VCD players' sales were dropping rapidly. Were they going to give up on these markets?
They should not be giving up. All of them felt that Wind & Rain Electronics did not know the market well and had given out the authorization for the patents to too many companies. This resulted in their own brands not doing well. This was like throwing a watermelon to pick a sesame seed.
Wind & Rain Electronics had lost the profits from the VCD players because of the low authorization fees. This was a bad move by Wind & Rain Electronics.
The happiest company was Sony. You, Feng Yu, have this day coming? Didn't you always try to snatch our market share? You had snatched away the portable music player market while our target was the movies and games market.
Now, your VCD player market is going to be snatched away by us. What about that Super VCD player you all were talking about? It was not developed yet.
The more prosperous the VCD player market was, the happier Sony was. Although Sony did not make a lot of money from the VCD players, after the VCD player market became prosperous, Sony and Columbia Pictures' movie rights would be worth a lot of money.
Sony could cooperate with Toshiba for the VCD players, but they will handle the production of the VCD discs themselves. Just the sales of these discs would bring in a significant amount of profits. Furthermore, Sony had also acquired the copyrights of a few other movie companies and record companies. In this VCD player market, Sony was the biggest winner!
Although Feng Yu had asked Fu Guangzheng to buy as many copyrights as possible, some companies' copyrights could not be bought easily. For example, those movie and music companies that were on good terms with Sony would not sell their copyrights to them.
But Feng Yu was not anxious. Philips had joined in. Philips also had music companies, and they were on good terms with Sony. Many copyrights had been acquired by Feng Yu.
The world's biggest VCD player manufacturer was still Wind & Rain Electronics. These factories were not only producing normal VCD discs, but they were also producing Super VCD discs. That was the discs that met the DVD specifications.
When the Super VCD was introduced into the market, it would be the time for these companies to cry!
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