Reborn since 1993

Chapter 1057 Adding fuel to the fire
When Liu Weiguang heard this, his expression changed.

Feiyan Technology has received new orders for MP3 players, exceeding units. This does not just mean that it has received orders worth million US dollars!
What’s more important is that Feiyan MP3 may be almost sold out, and the order volume has begun to exceed the production capacity!

If the first batch sales of Feiyan MP3 are added with the sales of new orders, the total amount may exceed million US dollars!
In the domestic market, this number is enough to make Feiyan MP3 one of the best-selling electronic products in mainland China in history.

Liu Weiguang's breathing became rapid. The explosive sales of Feiyan MP3 meant that Feiyan Technology would be able to create a large number of new jobs in Pingyang and provide Pingyang with a large amount of tax revenue!

For Liu Weiguang, this was undoubtedly the best news he had heard since he took office as the head of Pingyang.

Before, he was worried that Pingyang's economy might be hit hard by the Southeast Asian economic crisis. Then his original idea of ​​coming to Pingyang to fill the last gap in his career resume might be shattered.

But now, Liu Weiguang's worries have basically disappeared, as Feiyan Technology's performance is too strong.

It is not an exaggeration to say that if Feiyan Technology did not have a parent company, Dongling Hi-Tech, if Feiyan Technology was taken out and placed in other places, such as UTStarcom in Hangzhou, it would be enough to become a signature company in the local technology industry!

Moreover, Liu Weiguang heard some rumors that Dongling Hi-Tech's new product projects this year may include more than just the Feiyan MP3.

If Dongling Hi-Tech's other new products can also reach the same level as Feiyan MP3, Liu Weiguang can't imagine how much Dongling Hi-Tech's revenue can reach this year.

As for Pingyang, which is highly tied to Dongling Hi-Tech, its economic development speed this year may exceed expectations.

Liu Weiguang, as the head of Pingyang, is also one of the biggest beneficiaries. The last shortcoming in his career resume has been made up. With his impressive resume as the head of Pingyang, he left Pingyang two years later. Basically, like Yao Zhengru, he has taken the key step and will rise to the top from then on!
Liu Weiguang, accompanied by the media and various departments of Pingyang Municipal Government, as well as offices, industry and commerce, and other departments that came from Hanxi Provincial Government, went to Feiyan Technology for inspection with great fanfare.

To be honest, as a subsidiary of Dongling Hi-Tech, and the first Internet technology company listed on NASDAQ in Hanxi and even in the country, there is no need to say more about the treatment of Feiyan Technology in Pingyang.

However, Liu Weiguang and the Pingyang Municipal Government and Hanxi Provincial Government's attitude towards supporting Feiyan Technology needs to be shown to the outside world through the media.

If I didn't make this trip, it would be interpreted in various ways by the outside world, and I don't know how many rumors would spread.

But Liu Weiguang was very sensible and did not stay in Feiyan Technology for long. In total, he stayed there for less than forty minutes. In front of the media and the people from Pingyang Municipal Government, he announced publicly that Pingyang Municipal Government would do everything it could to support Feiyan Technology and even gave a large piece of new land to Feiyan Technology at almost a bargain price.

When the news of Feiyan MP3's hot sales abroad spread back to China, the sales of Feiyan MP3 in mainland China and Southeast Asia began to increase sharply in an instant!
Although we are reluctant to admit it, this is indeed an era where the moon is bigger abroad than at home. Not only at home, but countless places around the world regard America as a beacon.

Many people now firmly believe that the so-called lighthouse wind direction is the civilized place.

The songs, movies, clothes, jewelry, cosmetics, electronic products, etc. that people like in America, old Europe, etc. are also regarded as global trends by countless people.

Similarly, when Feiyan MP3 players became hot sellers in America, they naturally began to be seen as a trend in China and Southeast Asia.

The sales of Feiyan MP3 players also began to increase in shopping malls, computer centers, and other major cities in China, such as Yanjing, Shanghai, and Yangcheng.

However, what really caused the news of MP3 players being out of stock in places like Guangzhou was the scalpers who started buying them crazily!
These scalpers hoarded Feiyan MP3s, not planning to sell them domestically, but instead preparing to sell them to overseas scalpers to make a fortune.

When domestic users started buying Feiyan MP3s and scalpers began to rush to buy them, domestic MP3 sales began to increase rapidly, and rumors of out-of-stock situations were first reported in Guangzhou!

.......
"Best Buy and other electronics retailers, as well as several shopping malls in New York, Los Angeles, etc., announced that Feiyan MP3s are out of stock and it is estimated that it will take at least three days to restock.

Since its launch, Feiyan MP3 sales in America have been increasing. According to reports from the Wall Street Journal and other media, the first batch of 3 MP players released by Feiyan Technology in North America have all been sold out! "

"On e-commerce platforms such as eBay, as well as trading websites such as Craigslist, due to shortages, the price of a Feiyan MP3 in some federal states such as New York has reached $435!"

"Affected by the hot sales of Feiyan MP3, the stock price of Feiyan Technology has continued to rise by more than 37%, and its market value has exceeded the billion US dollar mark for the first time!"

"Feiyan MP3 and the Internet music website Napster are changing the American record industry!"

"Relevant record industry experts have expressed concerns about the traditional record industry. Since the launch of Feiyan MP3, the concept of Internet music has become popular. The number of users of the Himalaya music platform has exceeded for the first time, and the sales of Himalaya paid music have exceeded US$ in a single day for the first time!"

“Feiyan MP3 is helping users of traditional music players such as Walkman turn to Internet music.

Napster's user visits and downloads have increased by 3% since the emergence of MP2400. Napster has now entered 15 regions around the world. The next step is to launch a Japanese version to enter the Asian Internet music market.

Napster's user base has officially exceeded the five million mark, making it the fastest company in Internet history to reach five million users! "Bloomberg and other media outlets estimate that Feiyan MP3 and Napster may enter a period of explosive growth in the future. Bloomberg estimates that Feiyan MP3's sales this year may reach between five and eight million units.

The number of Napster users worldwide may reach between 30 and 40 million this year!"

"boom!"

Inside Warner Records, Michael Fuchs angrily threw the newspaper in his hand away and slammed the table.

"This is a conspiracy!"

"Napster and Feiyan MP3 are a pair of thieves who want to steal the entire record industry!"

"I suspect that Napster is supported by Feiyan Technology!"

Michael Fuchs shouted in extreme anger.

Napster's development speed is so fast that in just a short period of time, the number of users is about to exceed five million.

And, the key point is that it is not just Napster. After seeing the success of Shawn Fanning, many people in Silicon Valley regard Internet music as a new outlet and have begun to set up new music websites.

To be honest, does it cost a lot to build an Internet music website? Of course it does cost a lot because you have to buy the copyrights of records.

But as long as you make up your mind, cover your face, be shameless, and directly infringe the music of the record company, the cost will be almost zero. As long as you pay the server fees, a music website can be opened.

Now, American music websites, except for the Himalaya Music Platform, still choose to save face and still charge fees. Others, such as Napster, choose traffic as king. As long as they can have users and traffic, they don't care about anything else.

"President Michael, there is currently no evidence that Feiyan MP3 is related to Napster!"

An executive of Universal Group quietly reminded Michael Fuchs that these words could only be said within Universal and everyone should pretend not to have heard them. But if they were said outside, Feiyan Technology would definitely sue him and force him to step down.

Yes, now the cooperation between Feiyan MP3 and Napster can be described as a match made in heaven. Napster helps Feiyan MP3 users download free music and solves the copyright issue of MP3 music.

Similarly, for every additional user who buys Feiyan MP3, Napster gains a loyal user.

It can be said that the two sides cooperated with each other, causing the number of MP3 and Napster users to continue to grow explosively!

But, whether to use Napster or buy an MP3 player, it is the user's own choice, and no one can force millions of people to make a choice!
Although both sides combined are digging at the roots of the record industry, as long as Feiyan Technology itself does not admit it, no one can say that Napster was supported by Feiyan Technology.

Feiyan Technology’s lawyers issued a letter of warning to anyone who dares to slander. If Michael Fuchs dares to say what he just said in public, he will be bankrupt if we don’t sue him. He has a clean record!

You know, Warner Group and Michael are different. Feiyan Technology's lawsuit against Warner Records may not be of any use, but if they don't let Michael go, they will definitely succeed.

Warner Records will not take the blame for his remarks. If a lawsuit really breaks out and Feiyan Technology holds on to it, the most likely thing Warner will do is to pass on the blame and fire Michael as a scapegoat so as not to pay the huge compensation for him.

“The relationship between Feiyan MP3 and Napster is indeed strange!
However, Warner Music's legal department has not found any direct evidence. We have no reason to demand a ban on the sale of MP3s. In addition, the Himalaya music platform under Feiyan Technology is the only legitimate paid music website in the United States!"

Roger Ames, head of Warner Records, said with a tired look on his face.

During this period, he was exhausted from dealing with Napster. Napster was developing too fast. In the blink of an eye, before Warner Records could even send out the lawyer's letter, the other party had already stood up. It was not so easy to crush the other party.

The emergence of Feiyan MP3 added a ton of fuel to the boiling oil and water, directly detonating the entire American record industry. This year, Warner Records and the entire record industry estimate that revenue will drop by at least 10%.

It can be said that the golden age of the traditional record industry has disappeared!

What makes Universal and countless record companies even more frustrated is that they cannot blame Feiyan Technology for adding fuel to the fire. Instead, they have to say thank you!

(End of this chapter)