We're building a super chaebol in Hong Kong

Entering Hong Kong in 1984, both the stock market and the real estate industry were still in a state of recession.

Although the stock prices of Su Cheng's listed companies did not fall sharply, they all had a steady increase.

For example, Hong Kong Electric Group, Hongkong Land Group, and Wharf Group all had varying degrees of increase.

But this was limited to Su Cheng's companies.

Because everyone knew that becoming a listed company under Su Cheng's control meant that even if the market was bad, there would still be some profit margin by the end of the year.

Moreover, Su Cheng's industries were doing very well on the road to internationalization.

For example, Hong Kong Electric Group, a listed company that Su Cheng had long controlled, was now not only responsible for power generation projects on Hong Kong Island, but had also expanded its power sales business to places like Macau, Zhuhai and Shenzhen in Guangdong Province, the central region of Luzon Island, the eastern region of Malaysia, and even Australia, all of which already had their power generation companies, becoming an important part of the power generation companies in these regions.

In addition to the most basic project of power sales, Hong Kong Electric Group had long been diversifying like Hutchison Whampoa Group.

For example, in the real estate industry, relying on the advantage of owning multiple plots of land in Hong Kong, it carried out large-scale real estate development after being controlled by Su Cheng.

In addition, Hong Kong Electric Group also entered Singapore, Manila, Kuala Lumpur, Bangkok, Taipei, Shenzhen, Guangzhou, Shanghai and other places to carry out real estate development.

In addition, the hotel industry, tourism industry, financial industry, retail industry, etc., Hong Kong Electric Group had developed very well.

This was also the reason why it now had a market value of more than 30 billion Hong Kong dollars.

It could be said that the hard power of Hong Kong Electric Group was not much worse than that of Hongkong Land Group.

Hongkong Land Group and Wharf Group had only recently been controlled by him and needed time to develop.

However, Hong Kong shareholders were full of confidence in Su Cheng, and felt that the listed companies that Su Cheng became the boss of would definitely not be bad in the future.

After all, companies like Hutchison Whampoa Group, Su's Group, and Tianwen Petroleum Company were all Su Cheng's privatized companies, but each one was developing very well.

In general, none of Su Cheng's companies were developing poorly.

In this business empire, all resources were shared and mutually supportive, and the advantages were too strong.

In the blink of an eye, time entered May 1984.

On this day, a piece of news shocked the technology world and the world.

Motorola released a mobile phone that was even more advanced than the Yun Sheng S3 mobile phone.

In recent years, Hutchison Telecom had successively released Yun Sheng S2 and Yun Sheng S3.

In order not to make a technological leap, each technology was only a little stronger than the previous generation.

Originally, Su Cheng thought that if this continued, he would not have to worry too much, but he did not expect that Motorola would break this tranquility.

Between Tseung Kwan O and Clear Water Bay, in the Su family's villa, Su Cheng looked at the newspaper in his hand and watched the news content with great interest.

He didn't expect that Motorola's researchers still had some skills.

Yun Sheng mobile phone products were actually smaller and lighter from generation to generation.

However, Motorola's new product, named Motorola MicroTAC, was obviously lighter and more convenient.

The progress was not much, but it slightly led the Yun Sheng S3 mobile phone with a slight advantage.

This could be said to be the first time that Su Cheng's technology company had been surpassed by other technology companies in personal commercial products after entering the mobile phone and computer fields.

Carefully looking at the product data of this product called Motorola MicroTAC, whether it was weight or size, it was slightly ahead of Yun Sheng S3, and the signal reception distance was also farther.

Of course, these were all official data, and it was not known how much the actual measurement was.

The release of Motorola's new product shocked the world.

After the release, Motorola's stock price also ushered in a surge.

In the eyes of many shareholders, this was a symbol of Motorola surpassing Hutchison Telecom in communication equipment.

In recent years, technology had been tightly suppressed by Su Cheng's companies, which led to the fact that the researchers of technology companies in Europe and the United States could not wait to stay in the R\u0026D room for 24 hours to engage in research and development, in the hope of surpassing technology companies such as Hutchison Telecom and Oracle Computer Company as soon as possible.

However, the leading distance of technology was not so easy to shorten.

Now, when the news of Motorola's company came out, the people of the United States were very excited.

Various media newspapers reported it extensively, claiming that this was another victory for American technology.

Other technology companies in Silicon Valley were also more motivated.

Since Motorola could surpass Hutchison Telecom, then why couldn't they surpass it?

Therefore, Motorola's new product release had completely given many Silicon Valley companies confidence.

Since some chip technologies of Oracle were forced to be announced, these chip technologies in Europe and the United States quickly caught up.

Later, these technologies were handed over to Tianqiong Semiconductor for research and development and production, and Oracle Computer Company became a pure computer R\u0026D manufacturer.

However, since then, they always found that their research and development would always be half a generation behind the technology of Tianqiong Semiconductor Company.

In this way, they were both helpless and had no choice.

They could only think that Tianqiong Semiconductor Company's technology was really only a little ahead of them, and they would have a chance to surpass it sooner or later.

It was just that what they didn't know was that Tianqiong Semiconductor Company's technology was actually several generations ahead.

It was only to prevent being sued for monopoly again, so Tianqiong Semiconductor Company could only engage in research and development in a toothpaste-like manner.

Including the chips of Hutchison Telecom's Yun Sheng series mobile phones, were all developed and produced by Tianqiong Semiconductor Company.

Originally, year after year passed, and now four years had passed, as a result, technology companies including Europe and the United States had not been able to surpass it, and they were about to lose confidence.

But unexpectedly, at this time, Motorola actually surpassed the products of Hutchison Telecom.

Especially those research laboratories in the United States, they were even more confident.

The biggest manifestation was that after the release of this new product named Motorola MicroTAC, not only did Motorola's stock price rise, but also the stock prices of technology companies such as IBM and HP also rose.

Because everyone felt that if Motorola could achieve transcendence, then technology giants such as IBM and HP would definitely be able to transcend.

Only a slight lead was hyped up by them, as if Motorola's new product had completely crushed the Yun Sheng series of products.

Amidst the outside excitement, Hutchison Telecom remained calm.

In fact, the head of R\u0026D at Hutchison Telecom's laboratory even dismissed Motorola's new product.

"Is that it?"

Hutchison Telecom's General Manager, Landon Moore, called Su Cheng about this.

"Boss, we plan to bring out more advanced technology to dampen their spirits," Landon Moore said with a smile.

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In reality, Su Cheng hadn't provided them with any more technical data after the initial batch, because continuously providing it like that was definitely not a sustainable approach. Aside from the initial data, Su Cheng hadn't provided anything else.

However, while he didn't provide technical data, Su Cheng did provide research directions!

This was also why Hutchison Telecom's laboratory, Sky穹 Semiconductor, Oracle Computer, and others had poached so many high-end tech talents from Europe and the United States.

Having a direction for research greatly reduces development time.

For example, Su Cheng would share some future trends with the head of Hutchison Telecom's laboratory. He wouldn't say too much, only briefly mentioning development directions that wouldn't leap too many generations.

"Oh? How do you plan to respond?" Su Cheng asked with a smile.

"We've decided that the YunSheng S4 will feature a more engaging display screen, integrating a screen similar to a Nintendo handheld game console into the mobile phone. We've already developed these technologies in advance and originally planned to use them in the YunSheng S5. Since they think they've surpassed us, we'll bring it out early and see how they respond," Landon Moore said with a smile.

Previous brick-style mobile phones, while having displays, only had a long strip display, merely showing the phone number.

The YunSheng S1 to S3 were the same.

Even the newly released Motorola MicroTAC only had a long strip LED display, only capable of showing phone numbers.

Both mobile communications and handheld game consoles had already been around since the 1970s.

However, no one had ever thought of merging handheld game consoles with mobile phones.

Initially, Su Cheng had suggested this development direction to Hutchison Telecom.

Therefore, Hutchison Telecom subsequently began research in this direction.

The technology isn't difficult, it's all existing. The challenge lies in how to better integrate them.

In addition, there's the issue of battery life.

However, that's not a problem; just have a few extra batteries.

"Do you have a prototype?" Su Cheng asked with a smile.

"Yes, but there's only one prototype, and the technology isn't perfect yet. Because we weren't in a hurry to launch it after developing it, the details aren't well-refined," Landon Moore replied.

Su Cheng immediately understood.

This was normal, after all, it was technology intended for the YunSheng S5, so there was no need to rush its refinement.

What he didn't expect was that Motorola would launch a surprise attack, attempting to overtake them.

Of course, their speed was too slow. Even if they overtook, it was only by a tiny bit, and Hutchison Telecom could easily catch up.

Therefore, Motorola's press conference was destined not to be celebrated for long.

When the people of the beautiful country excitedly bought Motorola's products, Hutchison Telecom's new product would be released again. This time, it was destined to be revolutionary. Then, it would depend on whether they were willing to replace their mobile phones.

Those who could afford mobile phones were all wealthy. Many would really be willing to do so.

After all, portable mobile phones were too convenient. Those who used them were mostly business people or wealthy second-generation heirs, at least people from affluent families could afford to buy them.

"How long do you estimate it will take to develop a complete version, and what's the fastest possible release date?" Su Cheng asked curiously.

"The complete version won't take long, at most a month. We just need to make some adjustments and test it thoroughly to determine the final version.

As for the release, it's May now, and we plan to release it in July, giving us ample time. This time, Motorola launched their new product at the Metropolitan Opera House in New York, so we also plan to hold our new product launch there. Boss, would you be interested in attending?" Landon Moore asked, extending an invitation at the end.

Su Cheng was definitely one of the top figures in the business world. If he attended this press conference, the impact would definitely be much greater. Of course, with Hutchison Telecom's current reputation, even without his attendance, it wouldn't have much impact.

Because Hutchison Telecom, along with Oracle Computer, Sky穹 Semiconductor, IBM, HP, Intel, and Motorola, were now tech giants of the same level.

However, Hutchison Telecom and Oracle Computer, due to their relatively limited product range, were slightly behind in overall strength compared to IBM, Motorola, and others, which had a wider range of products. This was unavoidable.

However, diversification had been entrusted to Sky穹 Semiconductor. They were not only developing chips for computers and mobile phones, but also chips for basically all electronic products.

"I won't go. I believe your press conference will be successful even without me. Remember, don't rush to release it. Wait until the product is completely refined before considering a release. I don't want you to release a half-finished product and ruin the reputation and goodwill that Hutchison Telecom has worked so hard to build!" Su Cheng emphasized.

In his previous life, he knew that Apple, when developing the third-generation Apple computer, had developed a product that was almost less reliable than the second generation. Although the technology was more advanced, the quality was much worse. Apple had a difficult time for those years, and even for more than a decade afterward, Apple's stock price didn't rise much.

Later, they had to invite the founder, who had been working outside for a long time, back to serve as CEO, and Apple once again made rapid progress.

Of course, because of Su Cheng's appearance, this world's Apple would no longer encounter such a thing.

Today's Apple, because Su Cheng is a major shareholder and has the technology provided by Su Cheng's companies, is doing very well in the beautiful country.

For example, Apple's successfully developed portable laptop has become a representative product of computer innovation.

Although sales are not as good as Oracle Computer's, it can still occupy a certain position in the computer industry. (End of chapter)