Chapter 1216: Unexpected joy
Even George Greve, who was not good at speaking, could not help but look embarrassed when he heard Chen Chu's words. Chen Chu's words praised George Greve to the extreme.
If this was reached by Westinghouse Electric, I don’t know what a stir would cause. You should know that George Greve was not popular at Westinghouse Electric and left and joined Onyx Laboratory.
George Greve still felt a little unbearable for Chen Chu's words. Even though George Greve was a little dissatisfied with the fact that he did not take seriously at Westinghouse Electric, he did not dare to claim to be the number one person in Westinghouse Electric.
Westinghouse Electric has outstanding strength. In addition to some well-known household equipment products, many other industries are the best in the world. George Greve is living a good life now, but he dare not underestimate Westinghouse Electric's technical masters.
"Boss, I'm just lucky, and there are many R&D personnel with outstanding technology than me!"
George Greve said very modestly that if it were Shauna Bore, it would definitely be the most popular chip industry person, and there is no need to be any modesty at all.
Chen Chu laughed. Although he could only see through the leopard, he could also see something from George Greve, the century-old brand Westinghouse Electric, and what is the current internal situation, and he could guess some of it.
In recent years, from selling the most important nuclear power business to Toshiba, to selling multiple business departments continuously to prolong their lives, Westinghouse Electric, which was able to compete with Philips in terms of product lines, is probably no one can tell how many industries it has sold over the years.
Not paying attention to technology and engineers like George Greve is definitely one of the important reasons. The century-old brand is both honor and burden. The entire Westinghouse Electric is now full of problems like IBM ten years ago.
Stuart Black, who was sitting aside, couldn't help coughing when he saw the humble George Greve. Old Man Black brought George Greve over today, but in order to let him promote the achievements made by Onyx's laboratory in front of Chen Chu, instead of letting him be modest.
Now Stewart Black is in charge of dozens of experimental projects on Onyx Technology and is responsible for the funds. This makes him have to change. He is no longer the old man who just came to Onyx Laboratory and devoted himself to academic research, and has also begun to become smoother.
"The automatic tracking camera project led by George is developing very well. In addition to the security camera field, new areas are currently being developed. It is expected that it will generate more than 300 million US dollars in annual revenue in the future!"
Stewart Black vigorously praised George Greve and his project team. This is the only commercial project that Onyx Lab can take, and it is also a matter of how much funding Onyx Lab can get from Chen Chu, the only investor, in the future, and they have no choice but to pay attention to it.
Onyx Labs's own profits are too weak. Even if there are occasional automatic camera projects like George Greve that make profits, for the entire Onyx Lab, these funds are just a drop in the bucket.
Like Stewart Black, Falder and others of Onyx Technology Laboratory, their projects are too expensive. If it weren't for Chen Chu's strong support, they would have been stopped long ago when they switched to any international laboratory. It would be too difficult for many projects to be commercialized, that is, Chen Chu is willing to support them.
So this time, Stewart Black naturally wanted to show off in front of Chen Chu for Onyx Laboratory and tell Chen Chu that Onyx Technology is not a good person to eat, but it is still useful!
Seeing Stewart Black wink, George Greve sat upright. He was more accustomed to dealing with materials and procedures in the laboratory. As for negotiations, Stewart Black was still a little uncomfortable.
But the key is that the things that Onyx Laboratory can now be used, that is, the projects in his hands. At this time, it is just to drive the ducks on the shelves, and it must be OK if it doesn't work.
"In the field of security cameras, the automatic identification and tracking camera system developed by Onyx experiment now accounts for 21% of the entire patent market, and more than 78 patents are in the hands of Onyx Laboratory!"
George Greve said that Onyx Laboratory uses technology licensing, that is, Onyx Laboratory develops technology, then licenses the patent to camera manufacturers, and finally collects part of the profit, which is a light asset operation.
Although these patents belong to Onyx Laboratory, George Greve's value has increased now. For these George Greve R&D personnel, Onyx Laboratory has given them a great deal, in addition to the huge R&D funding they have given in the past.
When they lead the project research and development and generate profits, George Greve and the R&D team can get 20% of the profits of the project!
This also made George Greve transform from a Westinghouse electrical engineer who was unpopular in one fell swoop into a millionaire. In the future, as long as he is still in Onyx Laboratory and the automatic tracking camera system project is still profitable, his net worth will continue to increase, and it is not impossible to become an engineer with a net worth of billions of dollars.
The wealth is moving, not to mention such a huge profit. Even George Greve, who was late to realize, felt like he was dreaming when he looked at the eight-digit US dollar account that suddenly appeared in his account.
The huge profits unconsciously made George Greve's team continue to extend to more fields. The camera field is the most familiar area for George Greve. This is the industry he has been in for nearly fifteen years. If he hadn't liked this industry, most people would have withdrawn long ago.
But George Greve never thought that he could rely on technology to make his net worth reach this point, which made George Greve unconsciously start to develop in deeper technology and fields.
"In the future, the application field of security cameras will continue to expand, and the team is also preparing to develop in more fields. There are currently two projects that have been confirmed, one is the "car black box", that is, dash recorder technology!"
Speaking of professional fields, George Greve finally stopped being unfamiliar. This is his career for more than ten years. Technology and experience gave him confidence. "Although dash cam has been around for more than half a century, the technology has not improved much in nearly ten years, and its functions are far from meeting the needs of Hyundai Motor!"
"Onyx Laboratory is preparing to develop a new generation of dash recorders, or a set of camera-based automotive safety systems!"
George Greve's tone was unconsciously improved a little. "This set of digital driving recorders not only simply record the safety conditions around the vehicle, but also helps drivers reversing, etc., but also can record the speed and status of the car during driving. These data can allow users to understand the vehicle's condition at any time!"
"And it will provide an alarm system. When someone tries to destroy the vehicle, or the vehicle is in an abnormal condition, the driver drives for a long time and the vehicle is traveling abnormally, this system will issue an alarm. If the technology can be further developed in the future, this system can make its own alarm based on data, or when danger is monitored, the safety system will urgently stop the car to ensure the safety of the user!"
Hearing George Greve's words, Chen Chu couldn't help but look at him. Wu Xingdao and several senior executives of Chuke's technology could not help but look at George Greve a few times.
Maybe George Greve didn't think too deeply about it, and just wanted to develop more functions with the automatic tracking camera system, but Wu Xingdao and the others thought more. If this set of car dashcam and car safety system could be really developed, this would probably be a huge market!
Dashcam was only implemented in China last year, but the effect was not very obvious. However, abroad has basically become a must-have for vehicles when leaving the factory. Even without a dashcam, it will not be allowed to go on the road.
Think about how many cars there are around the world, and how much profit this market can bring if the Onyx Laboratory dashcam becomes the new industry standard.
Chen Chu did not expect that George Greve could have thought of such an advanced concept. Automobile safety systems were really widely used in later generations, especially automatic monitoring systems, which were not popular in China, but some heavy trucks and trucks abroad have been widely used. When the car monitors that it may encounter a vehicle in front, the safety system will automatically stop the car by passing the driver, causing the car to stop running within ten seconds.
"Where is another project?" Chen Chu asked George Greve. Wu Xingdao and other senior executives who were not very interested in Onyx Laboratory could not help but pay attention to it. They felt that this laboratory, which was originally not very important to Chuke's technology, could make Chen Chu spare no expense.
“Digital high-speed tracking camera!”
George Greve said, "With the continuous development of modern sports competitions, the original cameras have been difficult to meet the needs of competitions, and there are more and more controversial competitions!"
"I want to develop a high-speed tracking camera here. It can use a high-speed camera to capture basic data of tennis, basketball and other flight trajectories at the same time from different angles, and then use a computer to calculate and play the entire game scene in real time, that is, play the entire game scene in real time. In addition, the film and television industry is also developing rapidly, and the demand for such high-definition cameras should have a market!"
When he said this in the end, George Greve was obviously guilty. This was what the old guy Black asked him to blow, just to snatch some more money. George Greve really felt unsure about the things on the market.
Chen Chu didn't care about George Greve's little thoughts, but thought of a word, "hawkeye technology", a new technology popularized in major competition venues, can even be said to be a technology that completely changes the pattern of sports competitions. It goes without saying how much significance is.
To be honest, George Greve brought many surprises to Chen Chu today. It was not how much profit these projects could bring, but the entire Onyx Laboratory is constantly exploring new research and development fields and pursuing new technological hotspots.
Chapter completed!