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.
The old man came up with an idea to acquire electrical appliance companies, invest heavily, and hire many professionals to focus on the independent research and development of household appliances.
Soon, Quantum’s household electrical appliance products quickly took over the market. When it was Liam’s father Orville’s turn to take over, it was the turn of the century.
Orville had a more 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 company in the domestic chip industry. Liam continued Orville’s entrepreneurial concept, firmly continuing to develop and improve the company.
He was indeed capable in this area, but a company needed more than just capable people, especially a complex company like Quantum.
Old Mr. Reed and Shawn had some similarities in 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 in the company.
Liam was not good at socializing and disliked socializing situations. He was different from those who formulated business strategies in the office for years; he was more focused on research and development work. Investing more in research and development meant squeezing the interests of other branches of the Reed family.
As a result, Liam’s image was not popular among the shareholders of the company.
Many projects that required everyone’s vote were often opposed by everyone because they harmed their interests.
Clyde was different. He was more like a businessman, putting the interests of the company and shareholders first.
This also led to the fact that although Liam had created excess profits for the company over the years, he was still less popular than Clyde.
Those people didn’t trust Liam, and similarly, Liam didn’t trust them. Otherwise, he wouldn’t have asked his friend to check the contract. Celeste was not interested in their conversation. She sat in Liam’s office chair, holding a pen and leisurely drawing.
Liam looked at her while talking and found her absorbed in drawing. He couldn’t help but smile and wondered what she was drawing.
She was very serious about drawing and didn’t even notice that he had finished talking and came over. Liam looked down at the paper under her pert, and his face suddenly changed.
