My Lord, you need to stand up!

Chapter 981 The Great Wall is made of diamonds

Let Wei Dong give you his selling points in advance.

"I have my own electronic research team, I have invested in AMD chips, and I am a major supplier to Apple computers. Last year, we launched a sound card that allows computers to produce stereo sound, so that whether you are playing games, playing music, or even typing on the computer, you will have a great experience."

He is now very good at observing the other person's reaction before speaking.

This is actually the core of Yu's deception method.

Surprisingly, the car president, who had mainly left him with an impression of arrogance last year, seemed genuinely interested and listened attentively.

"This year, we will be assisting Apple in launching a new product, a CD-ROM drive. I have a factory that has purchased the patent rights and has invested more than $200 million. This thing is related to the newly developed CD player. Have you ever heard music played on a CD player?"

The president, known for his phenomenal achievements, immediately sensed something: "You mean to put this kind of music in the car?"

Wei Dong nodded: "Anyone who has ever listened to a CD will understand that the previous cassette tapes were garbage. This is a qualitative leap. Moreover, we... have researched it, and the car cabin is precisely the best enclosed space for music playback and listening, which can double the presentation of this pure sound quality. As long as we successfully develop this car CD player, it will be a revolution in car audio. As long as the cars keep up with the level of other brands, this CD player will play a decisive role. I've even thought of the advertising slogan!"

He struck a pose of earnestness and said in a deep voice, "Buy a stereo system and get a car for free..."

I still have to rely on my wife to translate it into English.

Qin Yuye's advertising style is much better than his.

The CEO didn't laugh: "I saw this kind of audio equipment two years ago."

Did this make his wife immediately feel a chill run down her spine, realizing she had missed her chance?

Wei Dong remained calm upon hearing this: "Having something and being able to popularize it are two different things. A standard-sized CD player starts at four hundred dollars now, not to mention a player condensed into this size, along with wiring harnesses, speakers, and amplifiers, which would definitely cost over a thousand dollars, or even two or three thousand dollars as a set. Can it fit into a car worth twenty or thirty thousand dollars? Can it fit into a car worth six or eight thousand dollars? As long as we make our product so competitive that others can't compete with it, wouldn't we win?"

Ultimately, it's all about exam questions.

The CD has been around for almost ten years, and commercially available CD players have been on the market for five or six years.

According to the original vision of Philip Soni, the consortium that first established the CD standard, they should have gradually increased its adoption, maintaining high profits little by little.

This is a favorite tactic of European and American manufacturers.

However, in August or September of last year, after Lin Wangfu purchased a licensing agreement under the name of a Singaporean manufacturer and began to enter the CD-ROM drive market, he discovered that the core laser head technology had begun to spread. Several Japanese component manufacturers were producing it in large quantities, and the production capacity was about to explode, with the technology becoming so readily available that it was no longer too difficult to use.

That's why he was able to quickly place an order for over a million laser heads.

In contrast, ADM, which controls wafer foundries and packaging plants, has an advantage in other technologies such as integrated circuits and internal power amplifier chips. In a sense, Japanese and European manufacturers may have to buy these new chips from AMD.

The new 386 CPU manufacturing process has raised the technological threshold to a high level.

Optical drives are not yet in mass production and are still just an industrial experiment. No one dares to say that they can take the lead in the burgeoning computer industry.

Lin Wangfu focused his research and development efforts on quickly increasing production capacity to cover the research and development costs, and only then did he manage to raise a little over three hundred US dollars.

In fact, the size of an optical drive is about the same as that of a car CD player.

Wei Dong was very confident that Lin Wangfu, who had already manufactured 200,000 CD drives, could easily get the CD drive factory to increase production of car CD players.

Moreover, as a veteran parking lot security guard, Wei Dong also knew about a shady car audio repair method, something many young people later didn't know.

He looked around the office and noticed that the VCR that used to be there was gone, not to mention the stereo.

It's not easy to find a CD player in Beijing right now: "My equipment is in Hong Kong. If needed, I can have it delivered within three days, even if it's not the miniaturized version yet."

The president looked at Rang Weidong and said, "You mean that as long as the car maintains basically the same performance, appearance, and price as other competitors, this music player can become the final bargaining chip by increasing the selling price?"

Wei Dong nodded: "I can provide a complete set of parts for five or six hundred dollars. Moreover, if this model can be manufactured in Asia, those few hundred dollars in costs can be saved. In the end, it may be sold in the North American market at a cost of two or three thousand dollars cheaper than before, while also bringing high-end audio equipment. Do you think Chrysler wins? Doesn't it make a lot of money?"

He finally revealed his true intentions.

What we want is for these advanced models and best-selling new models to continue to be produced in mainland China.

The CEO was quite astute: "But what if other car manufacturers follow suit with this kind of media player?"

Wei Dong laughed: "I can sign an exclusive supply agreement. After all, we have so many collaborations. The key is that other CD player manufacturers will need at least a few years to reduce their costs to the same level as mine... You should probably retire soon. I don't care about the future, do you?"

They even went so far as to use psychological tactics: "Maybe, if you weren't leading Chrysler, a decline in performance would be the greatest compliment to you."

The translators were all deeply moved by the husband's unique perspective.

But the president clearly cared a lot about his reputation and appreciated this angle: "What about your profits? I don't see that your car manufacturing plant is making much money?"

Wei Dong explained his reasonable profit margin: "Last year, we supplied sound cards and speakers to Apple using this model, which were then used in their computers. We ended up selling over seven million sets! Even if we only made a profit of one hundred dollars per set, that would still be hundreds of millions of dollars in profit. We don't sell seven million cars, but we can still make a good profit. How about this: I can leave positions for some members of the newly established car audio company, so they can serve as executives or consultants after retirement."

In mainland China, this behavior was later defined as delayed trading or options corruption. Therefore, while it was common practice for others to engage in such underhanded tactics in that era, Wei Dong never used these methods in mainland China.

He has plenty of ways to make money and wouldn't stoop to this.

But at Citibank, this is a legal means; the revolving door system is a legitimate institutionalized channel for the flow of political and business influence.

It was specially made to erect a memorial archway for senior executives and high-ranking officials.

Moreover, this transaction does not harm Chrysler's interests in any way, nor does it involve any undue gain.

There are no legal issues.

Even without discussing this, the CD player could have been successfully introduced to the market.

But if you dawdle, you might miss the opportunity to buy a car CD player.

Especially at a critical juncture when computer optical drives might be about to explode.

Let Wei Dong's decisive and clear-cut partnership demonstrate his sincerity. There are many opportunities for cooperation, so let's not put on any arrogant or pretentious airs.

I don't have time.

The president gave him a deep look: "My ex-wife has a cardiovascular disease research foundation. Your maturity surprises me greatly."

As a result, Wei Dong said, "I think the biggest sign of maturity is not wasting your breath on idiots. For example, those people just now said they could fly, and I told them to be careful."

The president burst into laughter: "Okay, we'll go from Hong Kong. You can arrange a sound show for others to hear the effects of this equipment there, and the agreement can be signed. Once we start mass production and pricing, we can arrange some production capacity in Asia, and of course, we also need to generate some sales in mainland China."

Wei Dong applauded, as the mainland gained an advanced automotive industry, Chrysler gained affordable and high-quality products, Wei Dong gained substantial profits from electronic products and in-depth development, and consumers worldwide gained a brand-new driving experience.

The only ones who might suffer are the great Citibank workers, and oh, the Japanese and European manufacturers who like to squeeze toothpaste.

Doesn't that mean they deserve it?

OK OK.

That's how the smart people reached an agreement.

The enthusiasm of the entire Chrysler executive team was also ignited, and the facelift of the high-end SUV was very clear, with a lot of work to be done.

The design of the new sedan is clearly a bit too futuristic for them, and they are still undecided. Now, having Weidong is like finding a compromise between being too aggressive and conforming, so they can make a final decision immediately!

This could even be launched within six months!

Wei Dong was inwardly complaining, "Is it really that slow?"
That catfish-mouth sedan was already quite complete; it would only cost a few cents and take a while to modify the front.

But it's already quite good that the massive Chrysler empire could manage to make adjustments in six months.

Several brands are now vying to use this new model for their launches, with even Jeep freeing up its Wisconsin plant to produce the car.

Because they simply cannot achieve the same production costs as the Pyeongkyo factory.

Then we should encourage the Pingjing factory to increase production, vigorously resell to the North American market, and make every effort to expand into the Southeast Asian market.

They even wanted to take over Weidong's sales rights in Southeast Asia.

No problem. So far, Wei Dong has been happy to sell his products through smugglers in Southeast Asia. His goal is to export them in large quantities, and he doesn't care where they are sold.

The only condition is that our own shipping company will handle all vehicle transportation business from the mainland to other areas, guaranteeing the lowest prices in the entire market, and the lowest insurance prices as well!
Insurance is essential for long-distance sea freight.

Xiong Guoming followed Rang Weidong around eagerly, hoping to secure the order.

As a result, the cunning Citizens businessman agreed to the local bully's ocean freight order, but the insurance details would have to be negotiated later.

Therefore, Xiong Guoming must have also sent Wei Dong to Citibank.

Actually, he was secretly overjoyed.

Having already traveled abroad several times, he certainly wasn't doing it for this reason, nor was it entirely for obtaining commercial insurance approval.

Seriously, even Wei Dong felt he needed to reassess this guy's abilities, because he didn't know who Xiong Guoming had persuaded to obtain the license to open the first non-state-owned insurance company in China!

However, this thing needs to obtain a pass from the international financial circle in order to undertake business in international shipping.

What Xiong Guoming most desired was to follow his boss to open up this channel.

(End of this chapter)