In Shenzhen, a car speeds along the highway.
Chen Dong sat in the back seat, Wolong drove, while Fox and the others followed in another car at a distance.
Before that, Lin Zhiyuan made a phone call to Chen Dong.
Lin Zhiyuan said on the phone, "Dongzi, I just received news that a new product has appeared called VCD. And it's making a lot of noise, and it's related to the company we contacted before."
Upon hearing this, Chen Dong was stunned.
He clearly remembered that the Wanyan VCD was developed in 1993.
The year in question was 1992.
Upon receiving the news, Chen Dong gasped in shock.
Has history taken an unexpected turn?
It's worth noting that the world's first VCD player was the Wan Yan brand VCD player.
He was born in 1993.
It's only 1992 now.
Chen Dong's face was gloomy as he became lost in memories of the future...
In April 1992, Jiang Wanming went to the United States to attend the International Broadcasting and Television Technology Exhibition. It was at this exhibition that Jiang Wanming was deeply attracted by an inconspicuous technology exhibited by the American company C-CUBE.
That is, MPEG decompression technology.
The quick-thinking Jiang Wanmin realized that MPEG technology, which could store images and sounds on a relatively small optical disc, had great potential.
Perhaps, we can create a high-quality, low-priced audio-visual product.
Inspired by this opportunity, Jiang Wanmin and Sun Yansheng, the chairman of C-CUBE, hit it off immediately.
The two collaborated, and Jiang Wanmin immediately invested $70,000 in the development.
In September 1993, the two collaborated to develop the first true VCD player, which they named "Wan Yan".
Subsequently, Wan Yan appeared on the market at an extremely high price of 4,000-5,000 per unit.
The first batch of Wanyan only produced 1,000 units.
These 1,000 WanYan units were immediately purchased by various electronics manufacturers and became their sample machines.
After that, VCD sales became exceptionally hot.
However, Wan Yan's fate was not so fortunate.
Just when Wan Yan was about to make great strides and mass-produce products to dominate the market.
An accident occurred.
At that time, brands such as Aido, Shinco, Malata, Jinzheng, and Xianke flocked to the market.
Using Wan Yan's prototype as a blueprint, they developed a VCD product after research, which immediately captured a large market share.
From 1995 to 1997, the media could only use the word "explosive growth" to describe the booming VCD market.
In this way, Wan Yan has already lost its first-mover advantage in seizing market share.
However, the misfortune was not over; it had only just begun.
Because Wan Yan had a very weak sense of intellectual property rights, she did not apply for a patent as the originator.
Thus, in the face of low-price competition from multiple brands, Wan Yan gradually lost its advantage.
In the following years, VCDs rapidly rose to prominence in the Chinese market, quickly becoming a global phenomenon and a super industry with annual sales revenue exceeding 10 billion yuan.
Even island nations and the United States, with their advanced electronics industries, used Wanyan as a model to rapidly expand their markets.
And so, starting in 1996, the VCD market experienced explosive growth.
In 1995, VCD sales reached 600,000 units.
In 1996, sales skyrocketed, reaching 6 million units.
In 1997, VCD sales reached over 10 million units!
Subsequently, well-known brands in China such as Aido, BBK, and Shinco emerged like mushrooms after rain.
At this time, Wan Yan suffered a crushing defeat in this industry.
Wan Yan's market share plummeted from 100% to 2%.
With this, the glory created by Wan Yan came to a complete end.
Overall, Wan Yan's story is a tragedy.
Imagine if Wan Yan had focused on branding and applied for a patent as the first to do so.
So where do island nations and beautiful countries have the opportunity to reap market share?
Even if they want to produce and sell, they still need to honestly pay money to Wan Yan of Huaxia for every product they sell!
Inside the car, Chen Dong emerged from his reverie.
The matter of Wan Yan has always been a source of great regret for Chen Dong.
He certainly wouldn't miss it after being reborn.
Chen Dong originally planned to do something to salvage the Wan Yan brand once the time came.
At the same time, it also prevents island nations and the United States from making money globally!
However, the situation is now beyond Chen Dong's control.
According to Lin Zhiyuan's words over the phone, Wan Yan's trajectory was a full year ahead of schedule!
At that moment, Wolong, who was driving, noticed Chen Dong's gloomy face through the rearview mirror.
Seeing this, Wolong asked worriedly, "Boss, are you alright?"
Having followed Chen Dong for so long, Wolong naturally always considered Chen Dong's needs.
This was the first time he had ever seen Chen Dong so anxious.
Upon receiving Lin Zhiyuan's call, Chen Dong quickly put on his clothes and headed straight for Pengcheng with his men.
There was no preparation whatsoever.
This is not in line with Chen Dong's usual style.
Coupled with Chen Dong's expression at this moment, Wolong also became somewhat restless.
"I'm fine, you just focus on driving."
Chen Dong rubbed his temples and said calmly.
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