Me: Hmm, about time I bought a phone
Siemens: I gotchu
Me: a laptop would be nice to apply for jobs
Siemens: Gotchu there too
Me: Just got a City Planner job, wonder who I can buy some trains from
Siemens: Gotchu again bro
Me: Nuclear power plant to power the trains?
Siemens: We don't sell those anymore, we've gotchu with steam and solar power plants though
Me: Just bought a house, need some kitchen appliances...
Siemens: Gotchu bro
Me: I need to get rid of the whole Uchiha clan
Hitachi:
You can do similar with mitsubishi, yamaha, bugatti, samsung (especially samsung. They make a ton of things. Ships, phones, hospital equipment, clothing and you can even live at their hotel
These weird combinations look fun but they're generally the result of having conglomerates, companies that have gobbled up a bunch of smaller, unrelated companies.
Conglomerates are tricky to pull off because managing a lot of disparate business lines. A CEO who knows all about how to market construction equipment is likely to miss that one of their other products became an iconic sex toy years ago. The big problem is that more focused companies can typically outmaneuver you in their area of focus.
Theoretically, there might be synergies that make your company more effective but normally, conglomeration is drag on the risk-adjusted rate of return on your company. It's much easier to pull off when your government has strong protectionist policies or if there are officials you can bribe to keep out the competition.
Why would a company do something that's generally bad for the company? It's generally good for the CEO. A CEO often has a very concentrated investment portfolio. Changes in the value of the company they're running can have a huge impact on their personal wealth. Conglomeration allows a single company to be a diversified asset. It does it in a way that's objectively worse for shareholders but better for the CEO.
Man, this Smart fridge is amazing. Do you, by any chance, happen to make self propelled atillery tanks as well?
Xiaomi makes Smartphones, Vacuum cleaners and umbrellas
They also make Scanning Electron Microscopes.
HGST drives were pretty good for the price as well. Just keep it away from your other Hitachi "tools"
Title: chef's kiss 👌
TATA has entered the chat.
Also VCRs and TVs in the 90s.
And also twin screw polymer extruders
And can I have a twin sequential turbocharger for the best car of the century? "You are not gonna believe this"
I gotchu fam
