Feng Yu informed the representatives of these companies that he will be meeting them at Wind & Rain Electronics's headquarters three days later. At the same time, he will make an important announcement.
The higher-ups of the companies who received the notification immediately reacted. When they heard that Panasonic had already sent their Vice President, they could not send their normal management personnel. They sent their top management personnel to attend the meeting. Some of them were the Vice President, some were the Vice President, and many of them were the company's directors.
Thomas was also invited. But he did not know what Feng Yu was going to do. But when Feng Yu told him that it was a good thing, he came without hesitation.
The first time he met Feng Yu, he managed to form a partnership with Feng Yu. This gave him more say in Philips. Although Thomas owned some shares of Philips, he was not a member of the board of directors.
If he could perform well and let the shareholders know, he might be selected to be part of the board of directors and enter the company's core management.
Even if he could not, he, as the Vice President of the company, would be given more authority. This way, he would get more shares and earn more.
Feng Yu looked at the names of the companies on the list. Other than Sony, Toshiba, Hewlett-Packard, Pioneer, etc. who were the first to compete with Wind & Rain Electronics in terms of DVD standards, the rest of the invited companies had all attended the meeting.
… …
"I am glad that all of you are here to attend the discussion organized by Wind & Rain Electronics. This is a discussion about the development of DVD. Everyone knows that VCD is only a transitional product. In the future, the product that will dominate home entertainment will be the DVD. All of you are researching on DVD technologies, right? But the core technology, the image and sound storage technology, is in my hands. I will be working with Philips to introduce the DVD standards, format, and specifications. "
"I know that all of you are here for the development of VCD. But a moment's failure will not determine the future, right? All the companies should be researching on DVD, right? All of them want to replace us, right? "
Feng Yu saw the unnatural expression on the faces of the representatives, and he had a sarcastic smile on his face. What are you thinking? If you want to surpass us, do it in your next life!
"Everyone should know that the CD burning technology is very mature. The VCD burning technology is also evolved from the CD burning technology. However, the DVD burning technology is still very different from it. Currently, the DVD specifications and burning standards cannot be unified, which has a serious impact on the development of the industry. What I want to do today is to unify the standards so that the industry can develop faster and better. "
The representatives from the other companies knew what was going on. They knew Wind and Rain Electronics had invited them here to unify the industry standards and let all the companies follow their Wind and Rain Philips standards.
Of course, this was possible, but Wind & Rain Electronics had to pay a certain price. If not, Wind and Rain Electronics and Philips will support the other two standards, and they will be dragging the company down. No matter how powerful Wind and Rain Electronics and Philips are, they will not be able to develop fast.
"For the development of the DVD industry and for our future, we should set up an organization. We should join together and follow the rules. I will name this organization DVD Forum. Wind & Rain Electronics, Philips, Aiwa, and Aiwa Electronics are the initiators. We are inviting all the companies to join us. In the future, every DVD standard must be approved by this DVD Forum. We will advance and retreat together! "
After Feng Yu finished, he did not hear any applause. He frowned.
Jiang Wanmeng understood what Feng Yu meant and started to clap. The rest of the people started to clap. They do not want to clap. Setting up an organization to implement standards? We don't have standards. The standards are all with you. You want to set up this organization and recruit us as your members? Is it to make it easier for you all to implement standards?
Feng Yu waited for a while, and no one said anything. He asked impatiently. "What's wrong? Do you all have any objections to my suggestion?"
Taiwanese Ming Chi's representative raised his hand and stood up. "Mr Feng, what is the approval process for this organization? Are there going to be mobile members or fixed members? "
Feng Yu glanced at him from the corner of his eyes: "Fixed and flowing mode. The four initiators will have fixed representatives, and there will be five mobile representatives. The representatives will be changed every year, and the total number of representatives will be nine. If five of the representatives agree, it will be approved, and all the member companies must follow the rules. "
In Feng Yu's previous life, this organization was also the first and biggest DVD industry official organization. They were the ones who collected patent fees from Hua Xia's DVD manufacturers. But in Feng Yu's previous life, this organization was not mandatory. That's why there was a competition for DVD burning standards. But now, Feng Yu wanted to make this organization mandatory. Not happy? You can choose not to join.
Four initiators? F * ck off! All of them knew that Aiwa Electronics, Aiwa, and Wind and Rain Electronics were all Feng Yu's companies. How dare you take up 3 slots? Are you shameless?!
With Philips, you will be taking up four of the nine spots. You can just rope in any company and enforce the standards. This organization is not fair!
Feng Yu had a deep impression of this Ming Chi company. This company had developed a technology called Book Type Management in Feng Yu's previous life. With this technology, you can change the parameters of a DVD + R/RW disc to DVD-ROM format. You can easily read discs with different specifications, and the compatibility is 99%.
But this technology will belong to Wind & Rain Electronics for the rest of his life. Feng Yu had asked Jiang Wanmeng and his team to research on this technology. Although Feng Yu does not know the theory behind this technology, he had given Wind & Rain Electronics a large sum of money. This was enough for Wind & Rain Electronics to develop this technology before Ming Chi. Feng Yu must do a better job. He must let all the DVDs with different specifications be read by the same DVD player. This way, he can break the competition for standards!
Of course, Feng Yu will not say this now. He wants Toshiba, Sony, and the rest to believe that their standards can replace Wind and Rain – Philips standards.
After Feng Yu told them about the approval process, all the representatives looked at each other. No one wants to agree. But they also know that if they do not agree, they will not have a chance to participate in this industry. They will not get any share of the DVD industry.
Furthermore, even if they agree, they do not want to be the first to express their stance. The first company to express their stance will be seen as the most cowardly company. If they suffer losses in the future, everyone will hate them, and they will be ostracized by the rest of the industry.
Everyone kept quiet, including Feng Yu. He sat on the rostrum and looked down at the representatives from the big companies calmly … ….
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