The birth of the portable CD machine did not make Wu Cheng complacent because he knew what to do next. The CD only burned the sound into the CD through digital technology. This technology has been conquered by Sony in Hijima and Philips in the Netherlands this year, and Wu Cheng's Balong Research Office is later than them.

Therefore, he didn't think there was anything to be complacent about, because he was already behind others, and he was still behind others after plagiarizing other people's skills.

Therefore, the next step for Balong Research Office is to study how to burn sounds and images onto the CD. This step must be ahead of those big companies.

And this is actually the research work of VCD in later generations.

Originally, the VCD appeared in the 1990s, and it was still early, but Wu Cheng felt that he should make preparations secretly, so as not to be one step ahead by others.

But now he is not worried, after all, there is still a long time before the 1990s.

Of course, we cannot give up the research on portable CDs. After all, there are still 10 or 20 years left in this market, so how could he give it to Sony and Philips!

He even thought that building factories in the mainland was to reduce costs and seize the market. After all, the mainland had the title of a copycat country in later generations.

No matter what you walk into, you can easily copy it from the inside out in minutes.

And this thing can be placed in the high-tech industrial park in Pengcheng.

Speaking of which, compared with Sony and Philips, the preparations of Bawang Videotape are still insufficient, especially in the production area, because they are currently only committed to research.

Just like studying photography equipment, even if you have developed an achievement now, it will take some time to reach the production stage.

Today, there is only one production line on Xiangjiang. It is definitely not possible to produce in large quantities. It would be good to be able to provide Xiangjiang for the time being.

Therefore, if you want to increase your productivity, it is necessary to build a factory.

As for this shortcoming, Wu Cheng wanted to make up for it through the Science and Technology Park in Pengcheng.

As long as the production line is built there and when something new is developed in the future, you can start production immediately. Just reassemble the production line there.

...

It took a few days,

After reading the financial statements summarized by each company, Wu Cheng couldn't help but frown slightly. Because compared with the previous few years, companies such as Yitong instant instant noodles and Tongle Toys have been established for several years, their performance growth is not very obvious.

Especially Tongle Toys, sales this year are even smaller than last year. Although his global sales are still more than 3 billion US dollars, it is obvious that this does not satisfy Wu Cheng, especially last year, the toy of the Transformer King Kong for them to operate.

The reason why Yitong instant noodles is because there are more competitors, and its competitiveness in Europe and the United States is somewhat weak, and some of them cannot compete with the local fast food noodles products.

In addition, Tianbao Beverage Company also has some competitors, namely, the herbal tea imitations and Jianlibao imitations also appear.

Moreover, in addition to some imitations, Jianlibao also has to compete with two international large beverage companies, Delicious and Pepsi. Although the types of Jianlibao and Cola are different, they are also competitive as beverages. Moreover, although Jianlibao is a functional beverage, it is actually a carbonated beverage.

On the contrary, the Cisco company established the year before yesterday made Wu Cheng quite satisfied. The company established in the second half of the year ago had exceeded the 300 million US dollars in the whole year last year. Thinking about the original Cisco company's annual performance was only tens of millions of dollars at the beginning of its establishment. Compared with Cisco in this space-time, it is much better.

But this is actually very normal. If Cisco cannot surpass Cisco, which is the original time and space, it means that all the work Wu Cheng did before was in vain.

The emergence of Tianyi International Communications cannot be said to be for the service of Cisco, but the promotion of Cisco after the cooperation between the two parties is obvious.

Nowadays, in addition to the home court in Southeast Asia, Tianyi International Communications has also been doing its business in Europe and the United States. It can be said that Tianyi International Communications has become an international giant communications company. Next year, Tianyi International will cooperate with Meizu Technology, so its position in Southeast Asia can be further consolidated.

It can be said that once technology companies such as Tianyi International, Cisco, and Meizu Technology reach cooperation, they will be complementary, mutually promoting and consolidating.

And these are also the basis of the technology empire that Wu Cheng wanted to build.

The future Internet industry can be based on these companies and radiate outward.

Wu Cheng believes that with the further development of the Internet next year, Cisco's performance will further grow. Moreover, according to Wu Cheng's definition of Cisco, its development direction is definitely not a single router, and they are already studying the server.

For example, today's Yi International's servers are provided by IBM, which is somewhat subject to people's feelings. Therefore, it is necessary to develop your own servers.

In addition to these three major companies, among the remaining companies, what satisfied Wu Cheng the most was not the entertainment industries of Donglong Group and DreamWorks, but Blizzard Games.

Blizzard Games released the Island of Adventure game two years ago, and produced Island of Adventure game arcades and small and medium-sized game consoles, plus some other mini games, such as the Great Wall Square Game console, etc.

According to statistics, last year, Blizzard Games sold more than 56 million large and small game consoles in various regions around the world, including more than 15 million large arcade machines and more than 30 million small and medium-sized game consoles, with a global turnover of more than 4.6 billion US dollars, comparable to the year when Tongle Toys launched the Rubik's Cube and Great Wall Square.

Compared with the performance of the previous year, Blizzard's performance has more than doubled last year.

Therefore, last year's Blizzard Games became the leader in the global game industry, and it was unshakable. Even the old game company Atari in North America had to be left behind.

Compared to the game company whose assets are as fast as snowballs, the growth of entertainment companies is not as obvious. DreamWorks' revenue last year was not as high as the previous two years, because there were no blockbusters released last year in DreamWorks. The only movies that can be considered popular are "Rocky 3" and "Die Hard", and "Die Hard" is still a newcomer.

Therefore, the achievements of DreamWorks last year can only be described as "simple".

However, even if DreamWorks has poor performance, it is not the bottom among similar companies in Hollywood. Compared with the other eight major film companies, it can still stand in the middle.

Of course, what we compare here is not the number of movies produced or the total revenue, but the net income. Although DreamWorks cannot compare with those old companies, its net income is not worse than those, and at least it can occupy the middle-class.

In contrast, the income of Donglong Group is still somewhat inferior.

Even if Wu Cheng's "Heroic Character" is here.

However, if compared with other film companies besides the eight other major companies in Hollywood, Donglong Group is obviously not comparable to other companies.

Just one movie "The True Color of Heroes" is enough to make it difficult for all film companies in Southeast Asia to match. As for film companies in Europe... there have always been a shortage of high box office movies, because commercial films are not the mainstream of European films.

It is no exaggeration to say that in Europe, commercial movies will be despised by many directors, even if the audience actually prefers to watch commercial movies.

Therefore, as a film company in Southeast Asia, its performance can be compared with most film companies in North America, and it is actually very proud.

In addition to the fastest growth in Blizzard Games, Pacific Insurance and Pacific Bank also grew significantly, but in terms of proportion, they are not as good as Blizzard Games.

But if we talk about the size of the amount, then there is really no company that can compare with banks and insurance businesses. Pacific Insurance Company's total assets are as high as more than 200 billion, while Pacific Bank's assets are also as high as more than 300 billion.

It’s just that most of the insurance funds of Pacific Insurance are deposited into Pacific Bank, and based on the data here, a large part of them overlap.

Moreover, the amount of business of other companies is the amount of money they make, but insurance companies are not sure. Once there is a natural disaster or something, it is also very scary to pay out the insurance premium.

For example, in the second half of last year, some people bought insurance but eventually lost all their money in the stock market and chose to commit suicide. There are many cases, and there are quite a few losses here.

For example, Pacific Bank has more than 300 billion yuan in total assets, which can be said to be more than 100 billion yuan compared with the previous year. But the problem is that most of this money is deposited by depositors. Although it can be regarded as total assets, in fact, this money is just kept by banks on behalf of depositors.

However, last year, Pacific Bank's income was still as high as 10 billion Hong Kong dollars. Its income was more than the total assets of some small banks in Hong Kong.

Except for these companies, other companies have grown, although not many.

Among them, the most stable asset increase may be Longteng Real Estate Company. Although the case it acquired failed due to the plummeting housing prices in Xiangjiang last year and lost hundreds of millions of Hong Kong dollars, overall, it is still growing because there are a few pieces of land on the treasure island.
Chapter completed!