Chapter 1297 – Different Camps


    As Wind and Rain Electronics is getting otherpanies to join their HDV faction, Sony and other Japanesepanies received the news.


    Sony and other Japanesepanies realized Wind and Rain Electronics’ intentions. They decided to introduce their HD Digital Video Camera standard earlier.


    In the past, Sony and other Japanesepanies had never seen Chinesepanies as theirpetitors. They even look down on USpanies, and even Korea’s Samsung is not a threat to them. They felt only the Europeanpanies could challenge them.


    But the world changed too fast. Feng Yu suddenly appeared out of nowhere and started developing China’s consumer electronics industry. Chinese brands managed to emerge in front of them.


    Sony is not frustrated if this is the only reason. They are frustrated because Feng Yu’spanies’ products seem to be targeting them.


    First, it was the Walkman, followed by MP3. Then it was VCD to the optical drive. After that, it was PCs and mobile phones. Almost every product is trying to snatch their market share, and Feng Yu won in the end!


    Whenever Japanesepanies introduce or introduce a new product, China will introduce that product earlier. They hadpeted on products initially, and now, they are fighting to set the standards. This is too much.


    Sony and other Japanesepanies had lost on the DVD standards and suffered massive losses. Not only they had lost on their DVD products, but they also lost their optical drive market.


    Sony was formerly the market leader in Asia’s mobile phone market. But after Wind and Rain Mobile appeared, they are forced to merge with Ericsson to form Sony Ericsson. If it weren’t because Sony still has a strong brand influence in Asia, it would be called Ericsson Sony!


    But Sony is very confident of winning this HD digital video camera standard this time.


    Thomson does have a digital video camera, but not Philips, Wind and Rain, Aiwa, etc. You all don’t even have the product, yet you all want to introduce a standard for this industry?! Bullshit!


    Companies in Sony’s faction or the Japanese faction have digital video cameras. Their video cameras are not only limited to handheld DV cameras. They are also producingrge cameras used in filmmaking.


    Movies no longer need to use films, and it lowered the cost. This allows more funds to be used in other areas of the movie and increases the standards.


    Sony, Toshiba, etc., all own moviepanies. The more prosperous the movie industry is, the more they can earn.


    The development of HD Digital video cameras is critical to Sony and other Japanesepanies. This is a strategic development and is not limited to one new product.


    Sony and the Japanesepanies discussed and sent their men to contact other electronicpanies. They must get morepanies into their faction. They also approached all the major moviepanies, hoping to get them to support their standards.


    .......


    “Good afternoon, representatives from differentpanies, media, and everyone. Our Wind and Rain Electronics, Wind and Rain Home Appliances, Philips, Thomson, Samsung, Aiwa Electronics... have decided to introduce HDV standards together. This is the standard for HD digital video camera.”


    “This standard is based on... we will bring better picture quality to the consumers and provide a new development direction for otherpanies. We will not need to be troubled over the development direction and face unnecessarypetitions...”


    Jiang Wanmeng said on the stage. Thepanies’ representatives and reporters are all listening attentively and taking notes. Some of them are looking at their phones.


    They are looking at their messages, emails and checking for thetest news on the inte.


    This is not because this press conference is boring. It is because Sony and the Japanesepanies are also holding a press conference in Tokyo at the same time. They are also announcing their HD digital video camera standards now.


    Thesepanies’ representatives and reporters are watching this carefully. They want to know what’s the difference between both standards.


    They are not na?ve to ask why they can’t both factions work together to set a new standard. Both sides will not get any benefit if they do that.


    Thepanies that set the industry standard hope otherpanies follow them. They will never give in until the final moment.


    Feng Yu is also reading the news on the inte and reading Kamesa Masao’s emails.


    Feng Yu thought he had introduced the standards earlier and can gain some advantage. But Sony and the Japanesepanies reacted fast. This was out of his expectations.


    After all, a starved camel is still bigger than a horse. Furthermore, Sony is not starving and is still a giant in the electronics industry. They are also working with other Japanese electronicpanies and cannot be belittled.


    In Feng Yu’s previous life, the Japanese electronicspanies had worked together. They challenged the rest of thepanies in the world. Although they are not as powerful in this life, they are still strong.


    Sony and thosepanies are world-ss in terms of their product developments andpany structure.


    Feng Yu wants to enter the digital camera market because he knows it will bring in high profits. Other than families using handheld DV, the moviemakers and TV series production are a massive market.


    The traditional film video camera will be obsolete in the future because of its high cost. If there is a cheaper option with simr quality, who will use the more expensive option?


    Feng Yu looked at the SMS and frowned. He did not expect those Japanesepanies to pull so manypanies to their faction.


    Korea’s LG, some Taiwanesepanies, and some Southeast Asiapanies had joined Sony’s faction. It seems like they are going to take over the Asia market.


    Samsung is in the Wind and Rain Electronics faction, and LG chose to join Sony. These Koreanpanies are quite interesting.


    Koreanpanies have always picked the safest option. For example, they had produced both sma and LCD TVs. No matter which side won, they can switch to the other side. Although they will lose some advantage, they will not put themselves in a dire situation.


    Also, Koreanpanies are united towards outsiders, and both Korean electronics giants seemed to have nned this.


    No matter which side won, they can switch factions with the otherpany’s rmendation.


    Among thesepanies, Feng Yu is unhappy with those Taiwanesepanies. Seems like he must increase the suppression on those Taiwanesepanies to make them follow China!