People in Hong Kong create super chaebols

Chapter 1021 Mobile Communications Situation

After asking the bodyguards to put his luggage away, Su Cheng did not stay in the hotel room for too long. He followed Yin Boyong, president of the Su Group's American branch, took the high-speed elevator downstairs, and walked into the headquarters office of the Su Group's American branch.

Although this branch has more than a thousand employees, due to the characteristics of the business in the Americas, most employees travel outside all year round. Therefore, the headquarters office space has not expanded excessively and only occupies two floors, located on the 71st and 72nd floors of the magnificent building.

Yin Borong further explained that the overall utilization rate of the Su Group Building is currently as high as about 85%, which is an impressive figure, meaning that most of the space in the building is effectively utilized.

As for the remaining 15% of floors or offices, although they are temporarily vacant, they are also flexible spaces reserved for possible future needs.

After all, it is easy to imagine how difficult it would be to fully rent out a building of this size.

However, even if the current rental income is not enough to quickly cover the investment cost, the potential value of the building will continue to rise over time, and whether it continues to be held or sold in the future, it will be an immeasurable fortune.

Su Cheng nodded slightly, walked side by side with Yin Boyong, and carefully inspected the headquarters of the American branch along the way.

Their figures shuttled through the busy and orderly office area, and every step attracted the attention of the surrounding employees.

Seeing the legendary big boss coming in person, all the employees were delighted. They stopped their work, took the initiative to step forward, and greeted Su Cheng with sincere enthusiasm.

Su Cheng has always been very nice and friendly to his employees.

Therefore, this sudden sense of closeness fills the entire office space with an indescribable excitement.

This was undoubtedly a rare experience for the vast majority of employees, many of whom had previously only been able to get a glimpse of Sioux City through news reports or internal company photos.

Now, seeing in person this leader who is leading the group forward, my excitement and admiration are beyond words.

Su Cheng’s arrival is not only an important affirmation of the branch’s work, but also inspires all employees’ infinite longing and enthusiasm for future work.

"Last month, our Americas division achieved remarkable results, with revenue exceeding the $5 million mark and profits not far behind, exceeding $2 million.

This fully demonstrates the continued improvement of our business capabilities, with both turnover and profits showing a steady growth trend.

Looking to the future, we are full of confidence and expect that the annual turnover this year will be expected to reach 50 billion US dollars, and the goal of breaking through 20 billion US dollars in profit is not out of reach. "Yin Borong introduced proudly.

After hearing this, Su Cheng nodded slightly. Although he was a little indifferent to the huge amount of funds, he could still deeply understand the weight of 50 billion US dollars.

He calculated in his mind that this amount, converted into Hong Kong dollars, would be an astonishing figure - more than 250 billion Hong Kong dollars.

However, he is also very aware of the vastness of the American market. The turnover of HK$250 billion is just the tip of the iceberg in this land full of opportunities.

Apart from anything else, the Oracle computer brand under the Su Group alone has won wide recognition and favor in the American market with its cost-effective products.

Every computer that sells for two or three thousand dollars is an important force in driving sales.

When these computers flooded the market in the hundreds of thousands, their contribution to sales was naturally not to be underestimated. Needless to say, the Su Group has now built a diversified industrial system, and almost every sector has successfully opened up the American market.

These industries are like blooming stars, together illuminating the glorious road of Su Group in America.

After more than two hours of in-depth inspection at the Su Group headquarters, Su Cheng had a comprehensive and in-depth understanding of the operating conditions here.

As it was still early, he did not choose to stay in the headquarters office of the Su Group's American branch, but drove to the Hutchison Whampoa Group's branch in the Americas to continue his inspection trip.

There, he also conducted a detailed investigation and spoke highly of Hutchison Whampoa's development in the Americas.

As the sun set, Su Cheng ended the day's itinerary and returned to the Su Group Building from the Hutchison Whampoa Group.

He is deeply pleased with the outstanding performance of the two groups in the Americas. Not only have they established a firm foothold in the local market, they have also continued to create considerable wealth for him, truly realizing his vision of "making money while lying down."

Although Su Cheng was in excellent physical condition, he still felt a little tired after a whole day of running around.

So he went straight back to the hotel and chose to take a nap on the sofa in the lobby.

Outside the window, the bustling scene of downtown Los Angeles was in full view. The tranquility and beautiful scenery quickly dispelled his fatigue.

It is worth mentioning that Los Angeles, like New York, achieved full coverage of mobile signals at the beginning of this year.

The mobile phone used by Sioux City in the United States is the Yunsheng S1 mobile phone carefully developed by Hutchison Telecommunications, which can maintain a stable communication connection no matter where you are in downtown Los Angeles.

The cellular mobile network in Los Angeles is a collaboration between Hutchison Telecommunications and a local communications company in Los Angeles. This may be because the Los Angeles City Government considers that both Hutchison Whampoa Group and Su Group have their American branch headquarters in Los Angeles.

In contrast, New York's mobile network uses Motorola technology, which is equally advanced but may be slightly inferior to Hutchison Telecommunications's in terms of stability.

However, this also fully demonstrates the United States' strong basic strength and diversity in mobile communication technology.

Su Cheng understood that being able to get a share of the fiercely competitive American market was already an outstanding achievement for his company.

Especially in the field of mobile communication network construction, although Hutchison Telecommunications faces strong competitive pressure from local technology companies and it is difficult for it to easily occupy a dominant position, in the mobile phone market segment, Hutchison Telecommunications has demonstrated extraordinary strength and influence.

As the world's first commercial mobile phone product, Yunsheng S1 mobile phone has won wide recognition in the market for its excellent performance, innovative design and outstanding user experience since its launch.

During this year, the Yunsheng S1 mobile phone has always firmly occupied the top spot in the sales list in the United States, and its strong market performance has attracted much attention.

In contrast, although Motorola is also a veteran in the field of mobile communications and was the first to invent the mobile phone, it was a pity that it was not commercialized at the beginning. In this round of market competition, the sales volume of its mobile phone products failed to compete with Yunsheng S1.

According to statistics, Motorola's mobile phone sales are less than one-fifth of Yunsheng S1's, which fully proves Yunsheng S1's leading position and competitive advantage in the market. (End of this chapter)

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