Chapter 369 My Life is Worth So Much
After the Los Angeles incident, Wang Yuanchao flew to New York with the team, on the one hand to visit a major customer and old friend, Hasbro, and on the other hand to see the precious treasures of Muse Music, its two bands.

In addition, he also had another job, which was to purchase television patent licenses and production lines from RCA (Radio Corporation of America), a U.S. radio company.

Shenlan Electric has been expanding its production lines and naturally set its sights on televisions.

But televisions are different from fans, refrigerators, washing machines, air conditioners, and electric kettles. It is not so easy to make them nowadays.

Shenlan naturally set his sights on the small country of Japan.

In the 60s, RCA had already licensed its color TV patent to Japan, which was jokingly called the turning point for the rise of Japan's electronics industry.

At least at that time, when the founder of RCA visited Japan, he was treated like a head of state. At Narita Airport, the Ikeda Cabinet was waiting for him!
This huge income made RCA very happy.

Then, in 1967, Sony engineers solved the problems that had always existed in color televisions - image distortion and light divergence. Sony called this technology "grid color picture tube" and named this new technology product - Trinitron.

Subsequently, the television industry in Japan developed by leaps and bounds.

In 1968, Japan became the second largest economic power in the Western world after the United States.

Shenlan was originally planning to go to Japan to negotiate the introduction of a production line. After all, labor costs in Hong Kong are cheaper than in Japan, so it doesn't matter who you do the production for.
After they reported the cleanup to their boss Wang Yuanchao, Wang Yuanchao thought, why should they do OEM for Japan?
The small Japanese country has been developing friendly relations with Southeast Asia and wants the Southeast Asian market.

Yes, Japan fought a war there before, so it is more resisted by the people there, and most of its products are exported to Europe and the United States.

Hong Kong can go to the United States to find RCA and take over the Southeast Asian market on its own. Isn’t that great?

As a result, the group came to New York and wandered around for a long time before they found out that in 69, that is, last year, RCA had established a television production line in Taoyuan, Yizhou.

Because the labor cost in Yizhou is only 5% of that in the United States. Yes, it is half cheaper than Hong Kong!
This is so fucking...

Wang Yuanchao was furious as he not only did not get any benefit but also wasted his time. But there was nothing he could do. He had to let Shenlan go back and continue to discuss cooperation with Japan, jointly set up a factory, and enter the Southeast Asian market.

Therefore, OEM is impossible. Japan needs brands from Hong Kong! Their brands are not very popular there for the time being, and the hatred is too great!

If we cooperate with Hong Kong, the Japanese manufacturers will authorize the patents, provide the production lines, and Deep Blue will produce, manufacture and sell the products. Then, Hong Kong and Southeast Asia will both be under John's system, and things will be much easier.

In the Southeast Asian market, Xiangjiang is more competitive than Yizhou.

Wang Yuanchao will not participate in the negotiations with the Japanese Empire. Shenlan is not a new company. He will only show up when the negotiations are almost done and he is needed to make the final decision.

However, this incident served as a reminder to Wang Yuanchao.

He doesn't know a lot of information because he is not in this industry.

In the United States, the development path he originally designed was audio-visual entertainment, and investment in high-tech companies, and by the way, he would pull some "backward production capacity" back to the East. It was that simple.

Where are high-tech companies concentrated?

Silicon Valley, of course.

But now, Silicon Valley has just been born and there are not many big companies. How to invest?

Buy land!

Wang Yuanchao is going to buy land there!

Where else can you get higher returns on real estate than in Silicon Valley?
New York can't compare!
Anyway, Muse Music brought Wang Yuanchao a lot of cash, which he had planned to exchange for gold and take back. But now that he thinks about it, buying land is the most cost-effective.

The land can also be mortgaged to the bank without delaying the use of money.

So he bought an estate in Silicon Valley, near Stanford University.

Then I asked the agent which was the largest technology company here.

Considering that Alibaba has boosted the housing prices in Qiantang, Wang Yuanchao's purpose is obvious:
It would be best if you could invest in a new company. If you can’t, just make some money from the employees of the old company. They always need to buy a house to live in, right?
He didn't develop it, but just bought the land, ran it as an estate, and hoarded it.

How could it be said that it was near Stanford? Even the agent was so knowledgeable, she really knew!
"The biggest technology companies, well, let me think, HP, Fairchild Semiconductor..."

HP is well known to everyone, but what is Fairchild? However, since it can be ranked alongside HP, it must be no unknown company, but was eventually drowned out by the times.

So Wang Yuanchao began to ask people about Xiantong's situation.

The agent knows it too!
Not only did he know, he also introduced it in great detail!

No one has an idea of ​​the importance of Fairchild, but as long as you know that the founders of AMD and Intel all graduated from Fairchild, you will know the importance of this company!
There is also the famous "Moore's Law": the number of integrated circuits on an integrated circuit chip doubles every 18 months. Dr. Moore, who proposed this law, also graduated from Fairchild, and of course, is now at Intel.

As early as 67, their turnover had reached 2 million US dollars!
But then it started to go downhill and suffered losses for two consecutive years.

Last year, in 69, the turnover was only 1.2 million US dollars!

The intermediary lady spoke eloquently, but Wang Yuanchao was indifferent to it. After all, his big brother, Hasbro, was also worth 2 million, and the profit was very generous! So in his opinion, Fairchild, which lost 1.2 million, was not as shocking as the two new companies AMD and Intel.

"You know so much about Fairchild. Did you or did your family work at Fairchild?" Wang Yuanchao could not think of any other reason.

The agents are too familiar, and there is no Google these days.

The intermediary lady smiled and said:
"My husband used to work at Fairchild, and now, of course, he works at Intel."

No wonder, isn’t it?

When Wang Yuanchao heard this, he was really inspired. After searching for a long time, he finally found his dream without any effort. Intel was also one of his target stocks.

"Oh, then your husband must also be a veteran of Intel, the kind that has shares, right?"

The intermediary lady did not refuse this private topic and said with a smile:
"You know, they haven't gone public yet, and no one can predict what will happen in the future. But if they have stocks, our lives will be much better."

Wang Yuanchao certainly knew that Intel had not yet gone public, because he had never seen this name on the stock market.

He smiled and said:
"Technology changes life and brings wealth. I like technology. By the way, if there is suitable land for estate construction near Intel and AMD, please keep an eye out for me. I am also interested."

The intermediary lady was very happy, but she was also puzzled:
“So you’re still farming in front of a tech company?”

Wang Yuanchao shrugged and said:
"They don't let me buy stocks, so I can only buy some land in front of their door. Maybe they will need a place in the future? Even if they don't want it, their employees will definitely need a place, right?"

The intermediary lady thought about it for a while and roughly understood Wang Yuanchao's intention. She said:

"Oh my god, this is a genius idea. But it seems that ordinary people can't learn it. You need a lot of money, like you, to do it."

Silicon Valley was just emerging at that time. It was not a densely populated city like Los Angeles or San Francisco. Instead, it was made up of small towns with very cheap land prices. Wang Yuanchao bought dozens or even hundreds of acres of land at a time, close to these schools and future large companies.

He doesn't ask for any profit from the business on the land. As long as the estate can be maintained, he doesn't need to pay any more money. The "working farmers" can just continue to farm.

Wang Yuanchao spent millions of dollars in the United States on a shopping spree. If it weren't for the need to save enough funds for the "Godfather" project, he would have bought even more.

But there is no rush, as long as you participate in the "Godfather" project, you can buy more land with the rewards.

This matter still needs to be negotiated between Coppola and Paramount. He, like a butterfly, doesn't dare to act boldly. What if he flaps his wings and things change?
The Miss Hong Kong contest in Hong Kong has also advanced all the way to the finals. Although he is not a judge, he has to go back to take charge.

Hong Kong's economic situation has been very good in the past two years, and citizens have spare money. This national entertainment program, with three-dimensional bombardment of publicity on television, radio, newspapers and magazines, the beauty pageant is well-known in Hong Kong.

After all, many candidates were chosen by citizens through voting via letters or phone calls.

Think about the Super Girls back then. Although not as crazy as the Super Girls, it was also unprecedented in Hong Kong.

Even the movie box office has increased. After all, many newspapers have spontaneously helped to promote various beauties. Reading newspapers and watching TV are not as beautiful as watching movies, right?

TVB relied on its cooperation with Phoenix Daily and continued to re-screen the show after the live broadcast, and its ratings surpassed ATV's in one fell swoop.

General Manager Yu Jingwei finally had double happiness: first, his health recovered, and second, his career took off. He was really in high spirits.

Upon learning that Wang Yuanchao had returned to Hong Kong, he immediately went to visit him in person.

"Mr. Wang, I don't know how to thank you for saving my life. From now on, I will obey your orders!"

Yu Jingwei held Wang Yuanchao's hand tightly, took out another document bag, and said:

“This is one of our three mansions in Hong Kong, the Red House in Tai Po.

The house deeds are all in HSBC, which is the proof of handover.

I'm sorry to tell you this, but everyone used to say that our family had bad feng shui. So since my grandfather passed away, these three mansions have been empty and no one lives there.

The Repulse Bay mansion was used as a prison by the Japanese invaders, resulting in numerous casualties and a violation of natural order.

Bonham Road is the main house. Although no one lives there, it has to be passed down from generation to generation, so I can only give you the Red House in Yu Yuan, Tai Po.

Back then, my grandfather raised more than 20 horses here, as well as many rare animals for people to enjoy.

You are also a distinguished selected member of the Jockey Club, but you don't have a racehorse, so I have ordered three horses for you there, and they are on the way.

You must not refuse, I think my life is really worth this much!"

【The three villas have the same Chinese name, Yu Garden, but different English names. The Yu Garden in Bonham Road is called "Euston", the Yu Garden in Repulse Bay is called "Eucliffe", and the Yu Garden in Tai Po is called "Sirmio".

The "Three Castles of the Yu Family" have now been demolished and rebuilt, becoming "Yu Garden", "Imperial Garden" and "Yajing Garden" respectively.

(End of this chapter)