Extraordinary Genius
Chapter 1205 – Portable DVD
Fatty Huang left excitedly. He wants to settle this matter as early as possible. The earlier he acquires those small factories, the earlier he can receive orders from Feng Yu.
Fatty Huang was never worried when dealing with Feng Yu because Feng Yu will let them get reasonable profits. Feng Yu had mentioned there is no absolute fairness in business, but both parties getting profits is basic. If not, it will be called exploitation!
Feng Yu shook his head as he looks at Fatty Huang leave. Fatty Huang had grown much fatter these few years and looks like a walking meatball!
But this also shows that Fatty Huang is doing well now. If the other bosses had not come to meet Feng Yu, Fatty Huang would not tag along.
Feng Yu had not given Fatty Huang this advice suddenly. Lenovo, Wind and Rain, and his other brands’ products are manufactured from their own factories and OEMs. Among the OEMs, Foxconn is their biggest supplier.
Liu Chuanzhi had discussed with Feng Yu about Foxconn. Foxconn has too many orders, and those Taiwanese are quite arrogant. He wants to get another strong OEM to take away some of Foxconn’s orders.
Furthermore, Feng Yu has a new idea and needs a factory to produce this product. The factories under Tai Hua Holdings are at their full capacity. Although the workers can work overtime to increase their productions, it’s not very effective.
The new product Feng Yu wants to produce is called Portable DVD player.
What’s a Portable DVD player? It is a mini DVD player, without complicated features, and has an LCD display, speakers, and batteries like a laptop.
Many people will want to watch their favorite movies during their travels. Of course, this can also be done with a laptop.
But the cheapest laptop in the market is around 7 to 8 thousand RMB, and not everyone can afford it. Furthermore, not many people know how to use PCs.
In Feng Yu’s previous life, the Chinese developed portable DVD players due to this reason and is quite popular. There are two types of portable DVD players. One looks like a laptop, and the other has a detachable LCD display.
When this product first appeared in the market, it sold around three to four thousand RMB and lowered to a few hundred RMB later on. Despite the high selling price, this product is still very popular. Many elderlies will buy it to watch opera and bring it to the parks.
That means the targeted audience of this product had moved from families to elderlies.
When Feng Yu told Jiang Wanmeng about this idea, he also felt it will work.
Their DVD player has more functions now, which can be seen from the increased number of buttons on their remote controller.
But Feng Yu wants to do away with all those complicated functions and return to the basics. He only wants it to play, pause, fast forward, etc.
Feng Yu only wants a few basic buttons on this player.
Jiang Wanmeng made a simple sketch of this player. It only has a screen, a speaker, a battery, an optical drive, and a few buttons, and Feng Yu told him this is what he wants.
But Jiang Wanmeng thought of another idea. This portable DVD player might have an LCD screen, but it should have a connector to connect to external screens. This means it can be used as DVD players at home.
This player can be connected to the TV and still watch it on the LCD screen outside. Although this player has lesser functions than other players in the market, this player’s portability should make it popular.
Feng Yu thought for a while and felt this is a good suggestion. Their factories are unable to manufacture this product, and they have to get OEMs to produce it.
When Chang Hong’s person-in-charge heard Wind and Rain Electronics is going to develop a portable DVD player, they immediately thought of the portable TVs overseas!
This is a portable TV that can only receive Terrestrial television channels with its antenna. The market response to this product is average. Still, Changhong felt there are not many satellite TV channels in China, and the Chinese are used to watching their local channels.
The Americans had invented this portable TV, but the US’s TV channels are mainly cable or satellite. That’s why this product did not do well there.
But a product that is not popular in the US does not mean it will not be popular in China.
Chang Hong hopes to discuss with Wind and Rain Electronics to develop this product and integrate portable DVDs and TV together. This way, consumers can still watch TV without DVD discs.
This product will be more popular with an additional feature.
Feng Yu is surprised to see this Chang Hong leader has good foresight. In his previous life, portable DVD players do have this function later on.
Feng Yu thought no one can think of this, but he thinks too lightly of others. He knew the potential of this product from his previous life’s memories. Still, everyone else sees it through their experiences and foresight.
Feng Yu immediately told Jiang Wanmeng to agree to this cooperation. If they can incorporate both features, their market will be bigger. For example, some people live in rented rooms. The landlord might not provide TVs, and it will be inconvenient for them when moving if they own a TV. If they need to buy another DVD player, it will be more costly and troublesome.
If a product that works as a TV and DVD player, these people will surely consider it. Another group of people who will be interested in this product is those nomads.
It is inconvenient for nomads to bring a big TV with them as they move around often.
In Feng Yu’s previous life, the best-selling region for this product is the grasslands. The nomads used to sing and dance around fires or listen to radios in the past.
Most of these nomads are wealthy, and many families own at least a few hundred cows and goats. Their income is way higher than average households, and they don’t need to pay for their houses or cars!
Feng Yu had only wanted a portable DVD. But after taking in Jiang Wanmeng and that Chang Hong leader’s suggestions, it will take at least two months before it is developed.
Even if this product is developed after a year, it will still be in time. Maybe this product will be more profitable than the HD DVD player.
Terrestrial television
https://en.wikipedia.org/wiki/Terrestrial_television
Satellite television