Chapter 248
Quantum initially engaged in foreign trade. In Sienna’s time, domestic production levels were not that high, and many items needed to be imported. With the favorable policies and the couple’s diligence and bravery, they accumulated a lot of wealth through import and export business within a few years.
However, with the development of the domestic economy and the convenience of transportation and communication, the old foreign trade channels were no longer suitable, and the company’s profits began to decline. So they started looking for new business opportunities.
In the late 1980s, when radios, TVs, and other household appliances just began to rise, there were very few domestic companies producing these products, and import prices could not be lowered. Ordinary people found it difficult to buy these appliances.
acquire electrical appliance companies, invest heavily, and hire many professionals
When it was Liam’s
long-term vision. He believed that after a certain stage of production development, the era of full intelligent machinery would inevitably come So he chose the automation research and development major when he was in college. After graduation, he transformed and repositioned the company with his wife’s financial support. Today, Quantum has become the leading
indeed capable in this area, but a company needed more than just capable people, especially a
some respects, such as not forgetting their relatives after making a fortune. Although Sienna was the main shareholder of Quantum, there were many other branches of the Reed family
office for years; he was more focused on research and development work. Investing more in research and development meant squeezing the interests of other
popular among the shareholders
that required everyone’s vote were often opposed by everyone because they harmed their
more like a businessman, putting the interests of the
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