Fuchi Industrial Electronics
Fuchi is a AA corporation that exceled at computer systems and Matrix connections. From 2036 to 2053, Fuchi owned JRJ International, one of the founding members of the Corporate Court, giving Fuchi a seat on the Court. This seat would later be lost when Richard Villiers brought JRJ with him to Novatech Incorporated in 2053. Fuchi now lies in shambles, destined to waste away with its Court seat taken by Novatech.
Structure
The modern shell that is Fuchi barely resembles a corporation. Most of its assets were either scooped up by Renraku or by Novatech, leaving the company with little to do. Three different factions each struggle to regain control of the trainwreck, but the faction with the most power, owing allegiance to Richard Villiers have stalled out their rivals, forcing a stalemate while the company crumbles.
History
Early Days
Fuchi began when two corporations, Yamana Electronics and Dekita Industries, merged to prevent a hostile takeover of Dekita by outside forces. Korin Yamana, owner of Yamana Electronics, bought massive shares in Dekita which were sold to him for next to nothing by Dekita's owner, Kiyoshi Nakatomi. When the merger finalized in 2017, Nakatomi attempted to re-acquire his old shares, but found that Yamana had cut him off, assuming almost complete control of the newly formed Fuchi. Yamana's focus in those early years was on developing electronics that could better interface with the Matrix, a growing industry in the 2020s. Fuchi developed one of the first cyberterminals which allowed for full immersion VR in the Matrix, a concept so popular that Fuchi quickly spread to North America. When the Crash of '29 hit, Fuchi's cyberterminals were used by Echo Mirage, the group that ultimately fixed the Crash Bug. This turn of events served as great publicity for Fuchi, who publicly promised to bring their cyberterminals to new heights. As the 2030s rolled around, Fuchi gained their reputation as the premier corporation for cybertechnology.Enter Villiers
A new face enterred the scene in 2034 when a corporate raider named Richard Villiers gained full ownership of a cyberterminal company called Matrix Systems. The two other owners, former Echo Mirage members, died under mysterious circumstances. Villiers promptly shut down Matrix Systems after moving most of the company's major assets into his own hands, including a desk-sized cyberterminal called the Portal. Villiers then approached Fuchi with an offer; Villiers sells all of his assets to Fuchi in exchange for a third of Fuchi's shares. Yamana jumped at the opportunity but was held back by Nakatomi, who was apprehensive of the newcomer. Nakatomi turned up dead shortly afterwards, leaving his shares in the company to his son, Shikei. The deal went through and Villiers fully enterred Fuchi's story. By 2036, Fuchi released a massively successful cyberterminal, the CDT-1000, which used technology developed under Matrix Systems. That same year, Fuchi finally grew enough to apply for and receive extraterritorial status, officially making it a AA megacorporation. Two years later, Villiers gained enough shares in JRJ International, a founding member of the Corporate Court, to take control of the company, as well as its seat on the Court. Fuchi's rival, Renraku, disliked Fuchi's appointment to the Court, but when Renraku's CEO Inazo Aneki attempted to appeal the decision he was met with an ultimatuum; push back on Fuchi's appointment and lose his own seat, which was acquired in a similar fashion, or allow Fuchi through and keep his seat. Aneki relented, so Fuchi ascended.Downfall
The following two decades saw Renraku and Fuchi trade further blows as Villiers himself became more and more powerful. Renraku began to dominate the lower end cyber market and eventually expanded out into cyberware, an industry where it saw immense success. Fuchi, on the other hand, continued its brand of being the top-end of matrixware, right up until it finally crashed. In 2053, Miles Lanier, second-in-command to Villiers, left Fuchi to join Renraku, who immediately began using Fuchi's secrets, given by Lanier, to rip the corporation apart. Factions within Fuchi loyal to Yamana and Nakatomi, which had spent the past twenty years trying to slow Villiers down, now looked to him for salvation. Instead, Villiers started a new corporation, Novatech Incorporated, to which he sold the rights to JRJ International, alongside JRJ's seat on the Court. Both factions attempted to stop Villiers, but his own faction locked the company down long enough for the acquisition to go through.
Rivals
Although nominally owned by the same CEO, members of both Yamana's and Nakatomi's factions within Fuchi hate Novatech for the place in the Corporate Court it stole from them. Relations have slowly middled out as Villiers offered new places in Novatech to those who agree to work with him, so long as they didn't previously work too closely with his rivals within the company.
Rivals
Ever since the 2030s, Renraku and Fuchi have been rivals after the same industry; matrixware. This rivalry cooled into a low burn in the early 2050s when both companies began to settle into their respective niches, but reignited with the betrayal of Lanier.
Comments