Perfection of Rebirth

Chapter 892 After the Acquisition
What will happen after Guanghui Group acquires Sanyo?
This issue is of concern to many people, and Jiang Hui naturally thought about it in advance, and Jiang Hui also thought about what Panasonic did after it acquired Sanyo.

From the day Panasonic took over Sanyo, Sanyo's core home appliance business began to be stripped off gradually.

Panasonic first negotiated with Funai Electric on the sale of Sanyo Electric's TV business in North America, the reason being to solve the current situation of Panasonic Group's TV business loss.

Panasonic then partnered with Haier Group, which bought Sanyo Electric's washing machines, refrigerators and other home appliance businesses in the island nation, Indonesia, Malaysia, the Philippines and Vietnam.

In the Tianchao market, Sanyo established Royalstar Sanyo Electric Co., Ltd. with Royalstar Group in 1994. After Panasonic acquired Sanyo, Sanyo gradually withdrew from the joint venture.

In the end, Sanyo’s home appliance business was sold off, leaving only lithium batteries, nickel metal hydride batteries, car navigation and other businesses that are globally competitive. This is what Panasonic’s acquisition of Sanyo Electric valued.

This result seems a bit cruel, but in fact it is hard to say that it is a bad thing.

On the one hand, after Panasonic acquired Sanyo, it not only eliminated a strong competitor in the field of solar cells, but also made Panasonic the leader in the island country and even the world in the research and development of new energy. Strength has laid a good foundation.

So this acquisition made the investors throw away the hot potato, and Panasonic took a big deal, and both parties felt that they had taken advantage of it.

For Sanyo Electric, it was a blessing among misfortunes, and finally returned to its "natal home" after half a century.

Speaking of which, Panasonic's acquisition of Sanyo in the previous life can be regarded as a satisfactory result for many parties.

But now that it is replaced by Guanghui Group, there are some uncertainties about whether the situation is exactly the same.

First of all, the home appliance business is not a business that Guanghui Group has been involved in in the past, nor is it a business that Jiang Hui attaches great importance to.

After decades of development, China's home appliance industry has become globally competitive. In China's domestic market, the competition has become fierce. There is absolutely no need for Guanghui Group to venture into this muddy water.

Therefore, the spin-off of Sanyo's home appliance business can be said to be inevitable.

In addition, Sanyo’s mobile phone department, considering that Guanghui Group’s Guanghui mobile phone is the world’s leading high-end smartphone, Sanyo’s mobile phone business and Guanghui mobile phone have a certain complementary relationship. One is in the mid-end market and the other is aimed at the high-end market.

So not only does Jiang Hui not plan to sell Sanyo's mobile phone business to Kyocera like Panasonic did in his previous life, but he is planning to inject some funds for the transformation and upgrading of Sanyo's mobile phones.

Like Sharp, Nokia, and Sony Ericsson, the current Sanyo mobile phones are all producing feature phones, but the feature phones in island countries are a little different from those in other countries, that is, the screens are relatively large, and there are certain smart functions inside. It can be regarded as a product between traditional feature phones and smart phones.

However, this can be regarded as an advantage to a certain extent, which shows that Sanyo's technology research and development related to large screens is still in place, which just happens to be seamlessly connected with the future trend of smart phones.

For mobile phone manufacturers such as Sanyo with accumulated technology, it is not that difficult to launch a smart phone. It is a rare change in concept and philosophy. Now Jiang Hui has helped solve this difficulty. Presumably, the future of Sanyo mobile phones should still be worth looking forward to. of.

Among the well-known smartphone brands in the later generations, apart from WIWO and OPOO, Huawei’s smartphones have just started, and Rice’s company has not even established a company. Even Qian WIWO and OPOO have only just entered this industry.

At this time, Sanyo mobile phone is transforming into a smart phone, mainly targeting the Asian market in the early stage, and it should still be very promising.

You must know that the Sanyo brand of the island country not only has great brand awareness in the island country itself and China, but is also very popular even in Southeast Asia.

At this time, launching a smart phone similar to Gphone but with a lower price will definitely win a lot of customers.

In fact, the rise of Huawei and Rice in the later generations was also due to the high price of Apple mobile phones. The price/performance ratio was very advantageous, and the market demand was very strong, so they finally achieved success.

Of course, this is also inseparable from the efforts of the employees of the two companies.

As for products other than mobile phones and home appliances, Jiang Hui thinks that some special things can be considered, such as the camera business and projector business.

Sanyo has made digital cameras and high-end video cameras, such as digital cameras. Under the impact of smart phones, they are doomed to decline. These can be sold at a good price earlier, but there is always a market for high-end video cameras. It is also very much needed by Guanghui Film and Television and Guanghui UAV, so Jiang Hui intends to keep it.

As for the new energy-related businesses that Jiang Hui cared most about when he acquired Sanyo, especially batteries, motors, and semiconductors, they must be kept. You must know that Guanghui Chip has just been incorporated for a few days, although it has dug a batch from TSMC. employees, but it is still far from the final demand, and now the Sanyo Semiconductor department is merged, which is the most appropriate.

Sanyo's semiconductor business is not well-known in later generations. In fact, it is not the reason for Sanyo's poor semiconductor technology. It can only be said that Sanyo's fate is not good.

Sanyo has been involved in the semiconductor industry for a long time, especially in the field of rechargeable batteries. After acquiring Toshiba’s nickel-metal hydride battery business, it has firmly established itself as the world’s number one rechargeable battery manufacturer. At its peak, Sanyo had 60% of the global nickel-hydrogen rechargeable battery share.

Sanyo's rechargeable battery technology has always been in the leading position in the world. Its "Dahongpao" and NC-MR58S both set new records for single-cell battery capacity. Afterwards, the Ailepu brand battery launched has greatly improved the shortcoming of Ni-MH batteries with fast self-discharge speed. , has the advantages of long-term storage, low memory effect, long life and environmental protection department recycling, etc., and is the benchmark of rechargeable batteries.

For the business development of its own group, Sanyo is also very willing to invest in semiconductors, and has built several semiconductor factories in the island country.However, an earthquake in 2004 became the fuse of Sanyo's complete decline. At that time, a semiconductor factory in Sanyo was hit by a disaster but because it was not insured, it caused huge losses, and Sanyo began to bear huge debts.

It can be said that Sanyo's semiconductor business is really Jiang Hui's lucky star. If there is no semiconductor factory that was burned down by the fire, maybe Guanghui Group would not have the opportunity to acquire Sanyo.

You know, a semiconductor factory is worth more than a billion dollars, or even billions of dollars. Such a large investment will be gone before the output. How can Sanyo, which is already going downhill, accept it?
(End of this chapter)