Among the world's computer manufacturers, Oppo brand computers suddenly emerged and captured most of the market share. Japan and South Korea were particularly hard hit and suffered particularly heavy losses.
Major Korean manufacturers have not recovered from the heavy blow, and the industry has no plans to restart production and launch new products.
According to Atlantic Business Machines' precise sales strategy, the Japanese and Korean markets are saturated with supply and focused on sniping, which makes it impossible for their outdated products to be sold.
As time goes by, computer technology products are replaced very quickly. Who will still buy these expired garbage after one or two years?
Among the major Japanese companies, Sony and Panasonic rely on the strong blood transfusion of their parent companies and are currently preparing to launch new products. Old products are discounted by 30% or 40% off and have started shopping promotions.
The less powerful Japanese manufacturers withdrew sadly and hid in the corner silently licking their wounds.
Fujitsu Co., Ltd., a major first-tier manufacturer, is in a particularly difficult situation. After the three-fold decline in Fuso's stock market, foreign exchange market, and real estate market in the past two years, all large comprehensive trading companies have been severely damaged and have basically been stripped of their skins.
The house leaks and it rains continuously.
Fujitsu Co., Ltd. is a multinational enterprise with nearly 120,000 employees. It provides a full range of information and communication technology products, spanning the military and civilian electrical fields. In particular, personal computer equipment supports half of the company and is also a major contributor to corporate profits.
In the field of high-tech communication appliance production, Fujitsu Co., Ltd. has a long history and profound foundation.
Beginning in 1937, Fujitsu began manufacturing carrier communication equipment, mainly for the military market.
In the 1950s, it turned to manufacturing integrated communication equipment and developed the civilian market.
In 1951, it became the first company in Japan to manufacture electronic computers. Its products gradually expanded overseas and were sold well in various countries due to their low price and high quality.
In 1954, Fujitsu successfully developed the country's first relay-type automatic computer (fa100). During this period, with the rise of personalized information processing technology, network multimedia technology, and business concentration in the World Wide Web trend, Fujitsu was renowned for its high-tech image of continuous innovation.
worldwide.
By the late 1970s, Fujitsu Co., Ltd. had produced the fourth generation of large-scale integrated circuit electronic computers.
Entering the 1990s, Fujitsu Co., Ltd. has become a leading international brand computer manufacturer, accounting for 21.4% of the international personal computer market, and is a major player in brand computer manufacturers.
It ranks among the top three computer sales companies in the world, second only to IBM and Hewlett-Packard, and ahead of Compaq Computer, Dell Computer, Sony, and Panasonic. It is a very powerful manufacturer.
never thought
Oppo brand computers have made a big impact, and their products have taken the world market by storm, like a hurricane blowing on the sea.
This brought Fujitsu Co., Ltd.'s increasingly prosperous personal computer business to an abrupt end. In the second fiscal quarter of 1995, it recorded a serious loss. Computer product sales were only a few tens of thousands units, which was lower than the usual 5%.
This was despite a serious loss of capital, and the product was sold at a 30% or 40% discount. It was a huge loss.
What is even more serious is that due to the strength of Fujitsu as a manufacturer, the famous American computer brand Dell Computer Company has entrusted the production of a total of 436,000 computers through orders, and now they are all backlogged.
Adding the two together, Fujitsu manufacturers have a product backlog of more than one million units, resulting in direct losses of more than one billion US dollars.
That's not all
All four of his main factories were shut down for maintenance, and more than 40,000 workers were not working for wages. Every day of shutdown, losses amounted to tens of millions of dollars. Over the next few months, more than a billion dollars were wasted.
General agents, stores, and franchisees all over the world have mountains of products in their warehouses, and they also have to deal with high rents, various expenses, and huge amounts of working capital that have all turned into bad debts.
Some of these small agents went to the Fujitsu Corporation building and jumped off the building. It is impossible to go into details of all the tragic situations.
As for Dell Computer Company, which has already been heavily in debt, it will be difficult to turn around in this life, and it will definitely be doomed.
Many creditor banks and investment managers in the United States have surrounded Michael Dell. It is said that he will file for bankruptcy protection soon. Dell Computer Company's headquarters is empty, and Fujitsu personnel sent to the United States cannot even meet.
This was almost the straw that broke the camel's back. All 436,000 computers produced for Dell Computer Company were thrown into their own hands. Fujitsu was really crying without tears.
How could such a huge amount of products fall into the hands of manufacturers?
This has to do with Dell Computer's special operating method, which is, simply put, direct product sales.
Manufacture computers according to customer requirements and deliver them directly to customers, reducing unnecessary middlemen and channel costs, reducing inventory, and achieving direct connection between manufacturers and consumers.
The problem is that Oppo brand computers set off a hurricane in the world through Yahoo search ads, quickly sweeping across the world.
Dell computer customers have canceled orders one after another and returned products that have been shipped. Even users who have previously purchased Dell computers have also returned goods (unconditional returns within a certain period are a common rule in European and American markets).
Generally speaking, the computer sales store advances the customer's funds and finally settles the bill with Dell.
Dell Computer was caught off guard and was overwhelmed by all this, and for some unknown reason did not notify Fujitsu.
As a world-class multinational company with overlapping and bloated organizational structures, Fujitsu naturally cannot respond quickly to sudden changes and is still working overtime to stock up for the Thanksgiving season.
So, hehe!
Sitting on the deck chair by the rooftop swimming pool, Wang Yaocheng took a sip of iced juice and felt comfortable from body to heart. It was so refreshing to watch Fujitsu Co., Ltd. sink into the quagmire!
The financial status of these large listed multinational companies generally cannot be hidden from anyone because they operate across industries and have a presence in Fuso Country's real estate, public utilities, and financial and securities industries.
Fujitsu suffered heavy losses after the bursting of Fuso's financial bubble. It suffered serious losses for three consecutive years, totaling more than 10 billion U.S. dollars, which can be said to have severely damaged its vitality.
The reason for withdrawing from the electronic semiconductor industry and selling the recently built eight-inch wafer fab at a low price is also to alleviate Fujitsu Co., Ltd.'s imminent financial problems.
Unexpectedly, the problem now is not to cut off the wrist, but to cut in half.
Now it remains to be seen whether the Japanese-owned Daiichi Financial Group is willing to lend a helping hand.
As a company under the Japanese-owned Daiichi Banking Consortium, Fujitsu Co., Ltd. also has an organization it can rely on.
The problem is that the Daiichi Banking Group was hit even harder after the economic bubble burst, with write-downs of tens of billions of dollars in bad debts. I am afraid it does not have much power to use on Fujitsu.
Moreover, the companies under the Daiichi Banking Group include Mizuei Bank, Asahi Life Insurance Company, Wells Fargo Life Insurance Company, Nissan Marine Insurance Company, Itochu Corporation, Nippon Express, Seibu Department Store, Isuzu Motors, JFE Steel Company, Kawasaki Kisen Kaisha, Seikido and other large enterprises.
From Wang Yaocheng's point of view, the First Bank Consortium should not invest billions of dollars to save Fujitsu Co., Ltd., and more depends on Fujitsu itself.
After all, Fujitsu Co., Ltd. is a listed company with millions of shareholders.
Daiichi Bank Consortium is only the largest shareholder accounting for more than 30% of the shares. It is not a wholly-owned subsidiary, and there is no need to carry all the burdens on its own shoulders.
All Wang Yaocheng had to do was wait, wait for Fujitsu Co., Ltd.'s situation to get worse day by day, and become terminally ill, and then rush in and take a bite.
Does Fujitsu Co., Ltd. have any good stuff?
The answer is;
Yes, and there are so many that counting them is simply mouth-watering.
If we focus on the development of consumer electronic products, Fujitsu is an inexhaustible treasure trove. It is involved in almost all electronic semiconductor and spare parts industries, and its technical level is very high, at least reaching the world average level.
Fujitsu Co., Ltd.'s flagship products are semiconductor memory chips and computers, but it can also be called a powerful multinational company in the fields of communication electronics and liquid crystal displays.
Fujitsu Co., Ltd.'s image as a high-tech company that continuously innovates in the world is formed through the accumulation of technology bit by bit, and enjoys a high reputation worldwide.