“MP3?”
Duan Yongping paused for a moment: "Are you talking about Walkman?"
"You can say that, but it is not a normal Walkman."
"Oh, I know. You are talking about a Walkman that supports MP3 format."
"Yes, that's the one."
"This market is not big."
Duan Yongping shook his head: "Actually, Bubugao had also introduced a Walkman before, but it did not sell well. As for the MP3 you are talking about, it will damage the sound quality. "
Many people in the future knew about MP3. But in 2002, MP3 was still a new term.
The earliest MP3 was a high-efficiency compression technology. It could compress audio to one-tenth of the original volume or even smaller through a special algorithm. However, although this technique was not bad, it would cause a lot of damage to the sound quality.
Although MP3 technology was introduced in 1998, and there were also MP3 Walkman, the response was not good.
Currently, the mainstream Walkman is still CD player or MD player.
This type of Walkman can play CD and MD discs to ensure the sound quality.
But this type of Walkman has a weakness. It is too big and not easy to carry around.
Therefore, although Walkman was introduced a long time ago, it did not sell well.
Of course, there is also a type of Walkman that can play cassette tapes. This type of Walkman is still selling well because of the large number of students. Bubugao also has this type of product. But Duan Yongping also believes that the market will be smaller in the future.
"The market is not small not because there is no demand. It might be because the product is not good enough. Of course, MP3 format will damage the sound quality. But for ordinary people, they will not be able to tell. If we ignore this point, the MP3 player can be made smaller than the palm of your hand. I think this is a breakthrough point. "
Chen Yu shook his head.
In his previous life, MP3 became popular around 2004.
Currently, there are not many well-known and mature Walkman that supports MP3 format in the market.
However, once this market was opened, the MP3 market would erupt like a flash flood, and it would be out of control.
Also, through MP3, Chen Yu can enter the mobile phone industry more smoothly.
Therefore, when Duan Yongping asked, Chen Yu immediately said MP3.
"What you said makes sense."
Duan Yongping did not object, but he was still not optimistic about the MP3 industry. He said, "What do you think of the mobile phone industry?"
"The cell phone industry isn't bad either."
Chen Yu nodded. "The future of mobile phones as a must-have communication product is bright. But the competition in the mobile phone industry is too fierce. Not to mention the international giants like Nokia, Motorola, Sony, and Ericsson, there are also countless domestic manufacturers competing. If we enter the mobile phone industry now, we might not be able to open up the market."
Of course, Chen Yu said so, but he also heard that Duan Yongping didn't seem to be interested in the MP3.
Since that was the case, Chen Yu didn't say anything more.
"That's what I'm worried about as well."
Duan Yongping nodded.
It seemed that Bubugao's transformation had a long way to go. He still needed to continue observing.
"You're all busy chatting. Come, let's eat."
At this point, Duan Yongping stopped talking about electronics and started chatting with Chen Yu.
"Chen Yu, Huanyu Technologies's profitability is really good."
"Teacher Duan, we can't compare to Bubugao."
"Bubugao's sales are high, but their profitability is not as good as yours."
"Teacher Duan, you're too humble. The electronics manufacturing industry is the real industry. We are in the virtual industry, and the bubble is serious. Once we lose the market, we are not worth anything. "
At this time, Ding Lei also said, "I agree with this point. Take our online games for example. It's okay if the online games are released to make money. Once they don't make money and there is no market, the entire game is just a pile of code. The real industry is still better. Even if it's not crowded, some of the fixed assets are worth hundreds of millions. "
"It seems that everyone thinks that you're good to me. Come, come, come, let's have a drink. Ding Lei, why don't you have a drink with Chen Yu too? "
"Forget it, I won't drink with him."
"Little Chap Ding, you're much older than Chen Yu, but you're so narrow-minded."
"Brother Duan, how can you call me Little Chap Ding in front of outsiders? I'm so embarrassed."
Ding Lei was anxious. "Come, come, come, Chen Yu. Drink, drink, drink, drink. Let's continue to compete later."
"Hahaha, okay."
Chen Yu downed his drink. "I don't care. Whether it's a competition in the open or in the dark, I welcome it."
"Forget about the competition in the dark. You guys are very shady."
Ding Lei shook his head. He still felt a little guilty about Huanyu Technologies' various ruthless methods.
"That's right. You two don't have any deep hatred. There's no need to be like this. Let's have a drink today. Maybe we can cooperate in the future. "
The dinner lasted more than two hours. The relationship between Chen Yu and Ding Lei eased a lot.
Looking at the time, it was already past 10 p.m. Chen Yu was ready to leave.
"Brother Duan, just a casual chat today?"
Seeing Chen Yu leave, Ding Lei asked Duan Yongping.
"What do you think I'm looking for Chen Yu for?"
"I thought you wanted to cooperate with Chen Yu."
"You think too much. I just want to see Chen Yu."
Duan Yongping shook his head.
Although Bubugao still couldn't find a way out, Duan Yongping also knew that it couldn't be rushed.
On the contrary, after meeting Chen Yu, Duan Yongping's thoughts became much more active.
For example, the idea of mp3.
Although Duan Yongping was still not optimistic about mp3, the portability that Chen Yu mentioned was also a bit interesting.
Moreover, Chen Yu was in the Internet business at such a young age. It was very rare for him to have such vision.
…
"Sister Fei, how's the company?"
Back at school, Chen Yu still couldn't forget about mp3.
It was now 2002, and it was still too early to enter the mp3 market. If he waited a little longer, Chen Yu would have nothing to do with it.
Chen Yu seemed to remember that Apple's iPod was released around this time.
Also, he might cause a sensation.
If he didn't do it now, then he would be at a disadvantage in the smartphone market in the future.
After all, Apple's iPod evolved from the iPod.
In a hurry, Chen Yu called Zhou Yifei.
"Why are you calling me so late?"
"Uh, I guess you're not asleep yet."
"Okay, I'm not asleep. I just officially signed a contract with Nokia. I'm too excited to sleep."
"Oh, is that so?"
Chen Yu was not surprised.
Nokia and Huanyu Technologies had a partnership.
As long as Nokia looked into Lan Si's shares, it wouldn't be surprising for them to make this decision.
"Why aren't you surprised at all?"
"What's there to be surprised about? It's just Nokia."
"It's just Nokia. Boss Chen, you're so arrogant."
Zhou Yifei was helpless. "Why are you calling me? Aren't you not in charge of the company?"
"With you around, I naturally don't need to care. Calling you is another matter. In addition to phone glass processing, can the company do electronic products? "
"Of course, that's not a problem. What do you want to do?"
"Walkman."
"Okay, I'll ask my subordinates to buy some parts from Huaqiangbei."
"Uh … Huaqiangbei."
Chen Yu was stunned. "Are we assembling?"
"Isn't electronic products assembled?"
Walkman technology was very mature. Huaqiangbei was the most famous electronic parts wholesale base in China. Not to mention Walkman parts, any electronic product parts could be purchased there. As long as these parts were pulled back and then assembled, it would become a new electronic product.
In his previous life, many electronic companies started in Huaqiangbei.
"Okay."
Chen Yu was speechless, but he shook his head.
If it was just casually assembling a Walkman, he was not interested at all.
"I mean, we'll develop a high-quality Walkman that supports the MP3 format."
"This …"
Zhou Yifei thought for a moment and then said, "The MP3 format is an audio format that has appeared in recent years. It has not been fully promoted. There is not much market for such a Walkman."
Although she was in the phone glass industry, she was still in the electronic industry. Zhou Yifei also had a certain understanding of the MP3 that Chen Yu mentioned.
"Don't think about the market for the time being."
"We can do it without considering the market, but it will take time."
"How long?"
"It won't take too long if we just make a sample, but if we want to mass produce it, it will take at least a year."
"So long?"
"That's very short."
Zhou Yifei said, "The electronic industry is not like the Internet. You can just write code on the Internet and go online. The electronic industry not only has to develop samples, but also has to make special electronic components and build production lines. It's impossible for us to complete it alone. Just the number of partners alone is enough. Moreover, even if we don't consider the market, our partners may not not. If our order is too small, they won't even want to produce the components. "
"What about acquiring a Walkman company?"
"It's the same."
Zhou Yifei still shook her head, "At present, there are not many companies in the country that make MP3 format Walkman. It seems that there are a few overseas. Let's go overseas and take a look."
"Okay, that's it for today."
Chen Yu had a headache.
He didn't expect the hardware to be so complicated.
Sure enough, the Internet couldn't compare.
But this was normal.
In the Internet industry, as long as there was a thought and a creative idea, it would work.
But in the electronic manufacturing industry, not only had a thought, but he also had to open up upstream and downstream channels.
And even if everything was OK, it might not be popular in the market.
Of course, the most important thing was that Chen Yu didn't know much about the electronic industry.
If he could cooperate with others, it would be a good idea.
But unfortunately, Duan Yongping wasn't interested in MP3. Otherwise, he would be the best partner.
…
"When did you come back?"
"Just now."
"Why didn't you tell me?"
"Haha, what's there to say? You're so busy with work."
"So, it seems that Mr. Duan is quite relaxed recently?"
"He just looks relaxed."
Duan Yongping didn't stay in the country for long. After meeting Chen Yu, he returned to the US.
Hearing his wife laughing at him, he said, "I've been thinking about the company's transformation. I haven't come up with any good ideas."
"You also have times when you're anxious."
"The company is so big. I can't let it close down."
"Listen to some music and relax."
Liu Xin sensed Duan Yongping's thoughts and took out a small and exquisite object.
“mp3?”
"Yes, this is the latest MP3 from Apple. It has a nice name, iPod. I just bought it."
"Honey, I think I have an idea."
"Let me see …"
Duan Yongping looked at the iPod in his hand and couldn't help but remember what Chen Yu said.
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