On the way back, Li Wu received a call from Wan Chaosheng, who said excitedly: "Mr. Li, we have developed it, we have successfully developed it!"
Li Wu was also overjoyed when he heard this. He knew that what Wan Chaosheng and the others were developing was a built-in chip for MP3s. The MP3s currently on the market had weaknesses such as clumsy appearance, poor sound quality, high power consumption, and unsatisfactory user experience.
All this is because the chips inside are compressed using computer chips.
The chip that Wan Chaosheng and the others need to study is not only small in size and low in cost, but also consumes only one-tenth of the power of traditional chips.
Now that it was developed, the next step was mass production and finding a foundry to produce accessories, etc. Li Wu was worried and rushed to Haishan City without stopping.
Noon the next day.
Li Wu and Wan Chaosheng found an electronics factory called Xinhe Electronics Company. The company's business was sluggish and it was reducing production line layoffs.
Li Wu immediately changed his mind and decided to directly buy the four production lines of Xinhe Electronics. He also transferred the technical staff and bought a factory that was for rent. After struggling for several days, Wanlian Technology officially had its own Manufacturing factory!
Because the salary offered by Wanlian is higher than that of ordinary electronics factories, especially for technical talents, which is more than 50% higher than outside, Wanlian suddenly has an influx of technical talents.
Ten days later, the first carefully crafted perfect moon box MP3 was released.
During this period, Li Wu has been staying in Haishan City, personally testing and listening, and providing suggestions for improvements based on future functions.
After Wan Chaosheng listened to Li Wu's suggestion, he also had a sudden enlightenment. Many small functions seemed simple, but no one thought about it. Who would think of so many fancy things!
The emergence of digital music can be said to be an innovation of traditional music. Digital MP3 allows people to listen to their favorite songs over and over again without worrying about the aging of the tape or the scratches caused by the CD.
When many people buy MP3 players, the three most important factors they consider are: appearance, storage capacity, and playback time.
The Moonbox MP3 has a slim and compact appearance and is currently the smallest MP3 player in the world, weighing only 32 grams. Its outstanding appearance makes it unique among the dazzling array of MP3 products and attracts everyone.
Of course, the charming temperament alone is not enough to convince people. The most eye-catching aspect of this moon box MP3 is its performance. It has five playback equalization modes, multiple loop modes, single loop, all loop, and random play. , Satisfy users with multiple options.
The unique ten-second song preview enables users to quickly search for target tracks. And the amount of information is amazing, it can display the song title, artist, repeat mark, song playback loop mode, playback time display, battery usage display, key lock status, playback song type, current status, etc., all at a glance.
The button design is also simple and clear. There are only three buttons: switch, menu, and volume adjustment. Users can get started without much learning.
In addition to having the function of an MP3 player, the moon box can also be used as a mobile storage device for large-capacity data exchange. It comes with a complete player management system to easily realize upload and download functions.
It also has a recording function that supports six hours of long-time recording. Such a powerful MP3 player can play for more than 15 hours with just one AAA battery. It is the MP3 player with the longest uninterrupted playback time in the world.
After the test, Li Wu expanded four more production lines.
Today, a total of eight production lines are producing non-stop, with each line producing about 18,000 pieces per day, which is equivalent to an overall daily output of nearly 15 pieces.
Of course, Wanlian is only responsible for producing chips. The rest of the components do not have much technical content and are processed by other factories.
Wan Chaosheng couldn't help but be a little worried. It hasn't been released yet, and he doesn't know the market reaction. Is it too risky to increase the power to produce inventory?
Li Wu asked him to keep it in his heart. After a while, the supply will definitely exceed the demand!
June.
A commercial appeared on provincial television:
A young man went to the supermarket to buy something and left his MP3 player on the counter when he was paying. The cashier was a woman and stopped the young man: "Hey! Your monthly box!"
The young man turned his head, smiled and said, "No, it's our moon box!"
The woman looked shy, and then the two sat together, each wearing an earphone in one ear, and sat quietly listening to the song together. The subtitles showed:
With a moon box, you won’t be lonely.
Connect with love and bring hearts closer!
…
At the same time, moon box promotional posters are posted everywhere in major cities in Guangyuan! The functions and performance modes introduced above have attracted a large number of customer groups at once.
At the same time, in every shopping mall in the May chain, a special location is set up to sell Yue Box MP3.
The better MP3 players on the market are priced at 6-700. Since the chip of the moon box is independently developed, and MP3 is also very simple, mainly just the chip and system, the cost is less than 60. Li Wu priced the moon box at 569. Yuan.
This is equivalent to ten times the net profit from selling one unit!
Li Wu couldn't help but click his tongue. No wonder the technology companies of later generations are so rich. It turns out that these products are really huge profits!
A week later, Yuehe MP3 became completely popular. In the MP3 market, all MP3 products are underfoot. Anyone who wants to buy an MP3, the first thing that comes to mind is the monthly box.
The sales of Yuehe MP3 on the first day reached an astonishing 170,000 units. This was only sold by the chain in May, excluding goods purchased from other shopping malls in Wanlian!
If those direct shipments from the factory are included, Wanlian Technology made a net profit of nearly 100 million on the first day!
Moreover, Wanlian is still supplying goods continuously.
Wan Chaosheng finally found out that Li Wuyi had asked them to increase production capacity. It turned out that he had anticipated the popularity of Yuehe MP3!
Without the initial accumulation of inventory, the output would not be available at all!
Li Wu asked Wan Chaosheng to expand the production line by four more...
July.
Nowadays, dealers not only in Guangyuan, but also in nearby provinces are constantly asking for the supply of Yuehe MP3! In one month, the order volume has soared by several percent, and more than 300,000 units need to be shipped a day to barely meet the supply.
Now the daily production is no longer enough. Wan Chaosheng has no choice but to expand eight more production lines. Now Wanlian has a total of 20 production lines, which can supply 360,000 units every day!
The happiest person is Li Wu. In this month, he made more than 3 billion!
Wan Chaosheng didn't feel jealous. After all, he had made hundreds of millions and was already very satisfied. And without Li Wu's strong support, they would never have succeeded!
Li Wu paid so much and took a certain amount of risk. He deserves to earn so much now.
If Li Wu were to know Wan Chaosheng's thoughts, he would not be able to help but say, in fact, I have no risk at all, because I already knew that Yuehe MP3 would rise as early as a few years later!
I'm so sorry that I took away most of your profits...
Due to the huge sales volume of Yuehe MP3 and the huge profit amount, Li Wu transferred several accountants to Wanlian Technology in May. While they were handling the work, they could also understand the accounts clearly.
July 18.
Li Wu returned to Wenping City.
After going there for nearly two months, when I came back, there was nearly 4 billion in Li Wu's small treasury!
Looking at the current Li Wu alone, he is definitely the youngest rich man in China!
In fact, Li Wu's wealth is enough to rank among the top five in China's rich list, but Li Wu has never been in contact with those rich people, so he naturally doesn't know how much they are worth!
If you include Li Wu’s investment in Qiandu, Texun, and Arabala, these will be the real giants in the future!
Li Wu's current net worth is already the richest man in China!
