We're building a super chaebol in Hong Kong

#1021 - Mobile Communications Situation

After the bodyguards settled the luggage, Su Cheng didn't linger in the hotel room. He immediately followed Yin Borong, the president of the American branch of the Su Corporation, in a high-speed elevator down to the headquarters office of the Su Corporation's American branch.

Although the branch had over a thousand employees in total, due to the nature of the business in the Americas, most employees were traveling year-round. Therefore, the headquarters' office space was not excessively expanded, occupying only two floors, the 71st and 72nd floors of the magnificent building.

Yin Borong further explained that the overall utilization rate of the Su Corporation Building had reached approximately 85%, a remarkable figure, meaning that the vast majority of the space within the building was being used effectively.

As for the remaining 15% of floors or offices, although temporarily vacant, they were flexible spaces reserved for potential future needs.

After all, the difficulty of fully leasing out a building of this scale was conceivable.

However, even if the current rental income was not enough to quickly cover the investment costs, the potential value of the building would continue to rise over time. In the future, whether it was continued ownership or resale, it would be an immeasurable fortune.

Su Cheng nodded slightly and walked side by side with Yin Borong, carefully inspecting the headquarters of the American branch along the way.

Their figures moved through the busy and orderly office area, every step attracting the attention of the surrounding employees.

Seeing this legendary big boss in person, the employees were all delighted, stopping their work and taking the initiative to step forward, greeting Su Cheng with sincere enthusiasm.

Su Cheng had always been very nice to the employees, very approachable.

Therefore, this sudden sense of closeness filled the entire office space with an indescribable excitement and agitation.

For the vast majority of employees, this was undoubtedly a rare experience. Many of them had only seen Su Cheng's demeanor through news reports or the company's internal image photos.

Now, seeing this leader who led the group forward, the excitement and admiration were beyond words.

Su Cheng's arrival was not only an important affirmation of the branch's work, but also inspired all employees with unlimited expectations and enthusiasm for future work.

"Last month, our American branch achieved remarkable results, with a turnover exceeding 500 million US dollars and profits closely following, exceeding 200 million US dollars.

This fully demonstrates the continuous rise of our business capabilities, with both turnover and profits showing a steady growth trend.

Looking to the future, we are full of confidence and expect that the full-year turnover this year will hopefully reach 5 billion US dollars, and the goal of exceeding 2 billion US dollars in profits is by no means out of reach," Yin Borong said with pride.

Su Cheng nodded slightly after listening. Although he was somewhat indifferent to the huge financial figures, he could still deeply understand the weight represented by 5 billion US dollars.

He calculated silently in his mind that this amount, converted into Hong Kong dollars, was already an astonishing figure—more than 25 billion Hong Kong dollars.

However, he was also very clear about the vastness of the American market. This 25 billion Hong Kong dollar turnover was just the tip of the iceberg in this land full of opportunities.

Not to mention anything else, just the Oracle Computer brand under the Su Corporation, with its cost-effective products, had won wide recognition and favor in the American market.

Every computer priced at two to three thousand US dollars was an important force in driving turnover.

When these computers flooded the market in the hundreds of thousands, the turnover they contributed was naturally not to be underestimated.

Not to mention that the Su Corporation had now built a diversified industrial system, and almost every sector had successfully developed the American market.

These industries, like stars blooming in many places, jointly illuminated the glorious path of the Su Corporation in the Americas.

After a thorough inspection of the Su Corporation headquarters for more than two hours, Su Cheng had a comprehensive and in-depth understanding of its operations.

Since it was still early, he did not choose to stay at the headquarters office of the Su Corporation's American branch, but instead drove to the American branch of Hutchison Whampoa Group to continue his inspection tour.

There, he also conducted a detailed inspection and gave a high evaluation of Hutchison Whampoa's development in the Americas.

As the sun set, Su Cheng ended his day's itinerary and returned to the Su Corporation Building from Hutchison Whampoa Group.

He was deeply gratified by the outstanding performance of the two groups in the Americas. They had not only gained a foothold in the local market, but also continued to create considerable wealth for him, truly realizing the vision of "making money while lying down."

Although Su Cheng was in excellent physical condition, a whole day of running around made him feel slightly tired.

So, he went straight back to the hotel and chose to take a nap on the sofa in the lobby.

Outside the window, the bustling scene of downtown Los Angeles was in full view, and this peace and beauty quickly dispelled the fatigue on his body.

The mobile phone that Su Cheng used in the United States was the Yun Sheng S1 mobile phone carefully created by Hutchison Telecom. It could maintain a stable communication connection no matter where it was in downtown Los Angeles.

The cellular mobile network in Los Angeles was a collaboration between Hutchison Telecom and a local Los Angeles communications company. This may be because the Los Angeles city government took into consideration that both Hutchison Whampoa Group and Su Corporation had placed their American branch headquarters in Los Angeles.

In comparison, New York's mobile network used Motorola's technology. Although it was also advanced, it may have been slightly inferior to Hutchison Telecom's construction in terms of stability.

However, this also fully demonstrated the strong basic strength and diversity of the United States in mobile communication technology.

Su Cheng understood that being able to get a share of the pie in the fiercely competitive US market was already a very good achievement for his companies.

Especially in the field of mobile communication network construction, although Hutchison Telecom faced strong competitive pressure from local technology companies and found it difficult to easily occupy a dominant position, in the niche market of mobile phones, Hutchison Telecom showed extraordinary strength and influence.

The Yun Sheng S1 mobile phone, as the world's first commercial mobile phone product, had won widespread market recognition for its excellent performance, innovative design, and excellent user experience since its launch.

In this year, the Yun Sheng S1 mobile phone had always firmly occupied the top position on the US sales chart, and its market performance was remarkable.

In comparison, although Motorola was also a veteran powerhouse in the field of mobile communications and was the first to invent the mobile phone, unfortunately, it did not start commercializing it. In this round of market competition, the sales of its mobile phone products failed to compete with the Yun Sheng S1.

According to statistics, the sales of Motorola's mobile phones were even less than one-fifth of Yun Sheng S1, which fully proved Yun Sheng S1's leading position and competitive advantage in the market.

(End of this chapter)

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