Chapter 343 Great Wisdom: Freezing Transmission Assets
Chapter 343 Great Wisdom: Freezing Transmission Assets
As he left the conference room, Gustavo said to Zhang Mingyuan, "You are a tough opponent. Please tell your boss for me that we shouldn't have gotten involved in this."
Zhang Mingyuan smiled and replied in the same way: "This is essentially two scoundrels testing the waters in the field of technology."
When you chose to be the first to stick your neck out, you should have considered the consequences.
Gustavo nodded, then quickly left.
Only Zhang Mingyuan and Li Qing remained in the corridor.
Li Qing asked, "President Zhou, how much is this authorization fee?"
Zhou Mingyuan glanced at him: "It cost slightly less than Nokia."
Li Qing didn't ask any more questions.
He knew that even if it was slightly less than Nokia's price, the other party had still paid a considerable price.
After returning to the hotel, Gustavo sent an internal email to Ericsson headquarters from the business center.
"Has the reconciliation been completed?"
The licensing fee Transsion paid us is acceptable and within the licensing standards.
After sending the email, he lingered there for a long time.
After all, Chen Yin did pay the patent fees, but they paid more. As a consequence of the malicious lawsuit, they also paid an additional 4% of the shares.
At the same time, he was also very angry. Why did Transsion want such special compensation? They always wanted other people's shares!
Just then, my phone rang. It was Nokia CEO Suri calling!
"I heard you two have reconciled?"
Gustavo could even hear Suri cracking sunflower seeds on the other end of the phone. He instantly realized that the other person was trying to gather information, or rather, they were there to see him make a fool of himself.
After all, the other party had warned from the beginning that the telepathic communication was very greedy and that we shouldn't get involved.
But the 30% contract for 4G infrastructure in the US was just too tempting, so in the end…
"Mr. Suri, I know what you're thinking."
However, we signed a confidentiality agreement, so we cannot disclose the details.
Suri smiled. It seemed to be similar to Nokia's situation—a great humiliation, so humiliating that the other party didn't even want to mention it.
"I told you long ago that telepathy is not something to be trifled with."
Fortunately, you reconciled early, which was a very wise choice; otherwise, the losses would have been even greater.
Gustavo thought about Nokia's fate, and indeed it was true. Nokia held on for so long, but was instead extorted for even more shares.
Their 4% stake is indeed less! In this comparison, Ericsson has definitely won.
Suri said on the phone that if you had listened to us back then, you wouldn't have had to give up your shares.
Gustavo got a little angry when this was mentioned.
This was extortion, blatant extortion, but he couldn't express his anger through telepathy, since they were backed by the Chinese government.
And Suri...
"The outcome is different. You are a mobile phone company; if you die, you die."
Ericsson still has its equipment business; we haven't backed down...
Looking at the somewhat stubborn Gustavo, Suri chuckled again.
My last act of defiance!
"The result is the same. Transsion is no longer the Chinese company it used to be, and China is no longer the China it once was."
Fighting them in a patent war will only have one outcome: you can't win.
What I'm saying isn't just one person's opinion; it's based on my personal experience.
And you, I am the best example.
Gustavo hung up the phone in anger; he was genuinely furious.
Meanwhile, on the other side, the U.S. Department of Commerce.
When the news got out, Bryson immediately convened a meeting.
This is another big conference.
Besides Bryson, there was also the head of the Bureau of Industrial Security and several advisors from the White House.
The large screen displayed Transsion's latest developments: Ericsson's slide, the expected ramp-up of 14nm chips, and the countdown to the Transsion Smart Home launch event.
Ericsson's sliding knee greatly shocked Bryson. They never expected that China could be so thuggish, directly threatening other legitimate businesses.
Isn't this the same as them?
"Chuanyin has won again."
Nokia and Ericsson are winning every single one of their attacks, and they're getting faster and faster.
What about our sanctions? Representatives from agricultural states come to me every day asking if the soybeans and corn are still being held back.
Some agricultural products have even started to mold after losing China as their largest customer, and farmers are about to replant them.
This led to the chairman of the Senate Agriculture Committee calling me for four minutes yesterday to ask when I could get China to lift its countermeasures.
I said I didn't know, and he said, "Then you should try to figure it out."
So I'd like to ask everyone here, do we have any good solutions?
No one dared to respond, after all, they lacked the confidence to persuade China to lift the sanctions.
Especially if they do not lift their countermeasures.
No one in the meeting room offered a solution, so Bryson called on everyone one by one.
When it was finally the director of the Bureau of Industrial Security's turn, everyone else shirked their responsibilities, leaving him with no choice but to take over.
"Mr. Minister, Transsion is currently the second largest mobile phone business in the world."
The company ranks among the top five globally in semiconductor business and number one globally in advanced technology.
They are promoting smart homes, and the entire supply chain is Chinese.
It's become very difficult for us to stop them in this regard.
According to the investigation, their semiconductor production line should use all domestically produced equipment. Although it is unknown how they solved the immersion DUV problem, it can be inferred that the lithography machine is not from ASML.
Therefore, even if we continue to prohibit this, it won't have any substantial impact on them.
Upon hearing this, Bryson tapped his fingers lightly on the table, the rhythm quite irregular.
He was anxious, after all, the president had given him an order to achieve a major breakthrough this year, otherwise... the legislators and farmers in the agricultural states would turn it into a "Gundam".
After a moment, he finally said, "Then what can we do? Just watch them grow bigger."
The legal advisor adjusted his glasses and cautiously proposed a very bold plan.
"Minister, I have a proposal."
It might not be a good solution, and it could potentially cause a huge uproar, but for now, it seems to be the only method that can still be effective.
Upon hearing this, Bryson initially wanted to shut him up, since this answer might make him a "Gundam" even faster, but he still inexplicably said:
"explain!"
Some of the other members of parliament coughed quickly; they were somewhat reluctant to know the answer, but just as they covered their ears, the other person said:
"Freeze Transsion's assets in the United States."
"All assets, including those invested in by Huaxin Investment, and even relevant department laboratories, can be used to find reasons to prevent them from conducting research and development."
The atmosphere in the conference room froze instantly; this was no ordinary act of audacity.
The president has become America's "best" president because of the stock market crash, but after this plan is introduced, those records may not matter.
It's only been twice!
So Bryson pretended to be confused: "What status does Transsion have in America? They sold Motorola at the very beginning of the second round of sanctions, and now they don't even have an office in America."
What can we seal off?
…………
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