Chapter 76: Kill The Chicken To Scare The Monkeys
Can San Xin come up with 100 billion in cash to pay the fine?
The answer is beyond doubt: they absolutely can.
“We can’t pay!”
In the company’s emergency board of directors meeting, Jin Ze stared viciously at all the board members present, his eyes bloodshot.
The Jin Family has absolute controlling rights over San Xin Group. Although he had just taken over San Xin not long ago, as long as decisions were made in his capacity as chairman, no one else had the right to oppose.
“Do you think that if we pay the fine, Great Xia will let us San Xin off? Great Xia’s stance this time is already very clear: they want to swallow all of our San Xin’s assets in Great Xia.
And what we need to do now is stabilize people’s hearts and focus all our energy on the Materials Laboratory project.
Behind us stands the entire Baiyue Alliance with dozens of the world’s top companies. As long as they continue to support our carbon nanotube project with relentless investment regardless of funds cost and technology input, even if San Xin loses the Great Xia market, there won’t be any major problems for the time being.”
Jin Ze had already thought it through before coming.
He absolutely would not bow to Great Xia. San Xin could afford 100 billion, but after paying this fine, he would have no face left to serve as chairman of San Xin Group.
He now had no way out.
However, he had no doubt at all that with the current R&D funds investment, they couldn’t even solve a small catalyst problem.
At the same time, in the United States, Cupertino.
Intel, AMD, Nvidia, Apple, and several other giant companies gathered here urgently.
It was still that dimly lit conference room in the building, the difference being that Jin Ze’s figure was absent this time.
Domenis clearly hadn’t rested well recently, with evident fatigue on his aged face that he couldn’t hide.
Once everyone was seated, he skipped the usual pleasantries.
“You all know about it, right? The China side has responded. Share your thoughts.”
He even spoke fewer words than before.
In the meeting room, everyone fell silent for a moment, with no one speaking.
Apple CEO Kuke scanned the crowd, thought for a long time, and then pulled the microphone closer.
“Great Xia’s unusual performance this time is the first in my impression where they publicly backed a private enterprise.”
Seeing no reaction from the others, he sighed helplessly and said, “I’m sorry, Apple Company has huge interests in Great Xia that we can’t sever, and not just us—everyone here is the same.
Judging from the intensity and determination of their sanctions against San Xin Group, I’m afraid we need to change our strategy this time.”
After speaking, he pushed the microphone forward, leaned back in his chair, and prepared no further comments.
Before coming, Kuke had held an internal meeting with the company’s senior executives, and this decision had been made then.
Apple Company is different from San Xin Group; 90% of their production factories are in Great Xia domestically, and the Great Xia market accounts for 30% of their company’s revenue.
They couldn’t possibly abandon this market voluntarily. That’s why, although they are the world’s most profitable technology company, they have always stayed in the background on the Xinghai issue and never taken the initiative to sanction Xinghai.
After Kuke finished, AMD’s Susan and Domenis exchanged a glance, and in just an instant, these old rivals who had fought for decades in the chip field guessed each other’s thoughts.
They didn’t dare to continue gambling!
Although the graphene chip was first developed by the Great Xia side, just as Xinghai has always upheld the win-win cooperation business philosophy, the possibility of cooperation has always existed.
It was only because San Xin Group held semi-finished carbon nanotubes that they believed that once the catalyst was successfully developed, using mature carbon nanotubes to develop chips, with their years of technical reserves in the chip field, even if Xinghai had the first-mover advantage, as long as they could temporarily hold back their development now, it wouldn’t have much impact on the overall high-end market.
But now it seems that the Great Xia side’s attitude is extremely tough. As soon as their sanctions announcement was released, the Great Xia official responded.
With Nvidia’s stock price rebounding these days, Huang Wei’s blood pressure had also calmed down considerably.
He was very supportive of Jin Ze’s suggestion to fully sanction Xinghai Technology.
And he had taken concrete actions for it.
In the R&D investment for San Xin’s Materials Laboratory, his Nvidia provided over 50% of the funds.
Nvidia is different from the enterprises present; in recent years, riding on the AI chip wave he hyped, its market value had doubled in a short time.
Now, in terms of market value alone, it was on par with Apple.
But as soon as Xinghai’s Star Calculation No. 1 was released, Nvidia’s chips were instantly knocked into the dust, and its market value plummeted straight down.
Moreover, Nvidia had always adopted a superior attitude toward Great Xia in strategy.
Relying on its absolute monopoly market position, it not only manipulated prices arbitrarily but also consistently used pricing in Great Xia that was 20% higher than overseas pricing.
Once Xinghai rises in the future, Nvidia’s inflated market value would definitely shrink dramatically.
He absolutely could not accept that.
Huang Wei quickly took the microphone in hand.
“Everyone, don’t forget that Great Xia’s chip technology has 100% self-owned intellectual property rights. They can start from a single screw and build all the way to lithography machines.
They can completely detach from our technology cooperation and achieve independent chip production!
Do you really think that Great Xia, with such a technological advantage, would still share the market with us?”
Domenis and Susan, after hearing this, exchanged another glance and then very tacitly looked away.
They’re listening to his nonsense. Huang Wei is all about stock price now; he’s playing with fire and burning himself.
History has long proven that absolute monopoly doesn’t last long.
This can be seen from Xinghai Technology’s strategy of low-price patent authorization from the very beginning.
Great Xia is the same; internationally, with their industrial capabilities, they are fully qualified to completely monopolize many markets.
But for the health of the economic structure, Great Xia generally doesn’t do so.
Such as the railway industry, nuclear power industry, electrical, communications, and so on—these are domains where Great Xia has complete technological advantages, but Great Xia never uses this technological advantage to monopolize industries at low prices.
All to follow the balance philosophy in their thinking.
Which is the win-win cooperation they have always talked about.
Seeing that everyone was still silent and unmoved by his speech, Huang Wei’s heart gradually sank to the bottom.
The next day, the Baiyue Alliance issued an announcement lifting a series of related sanctions measures against Xinghai Technology.
Including the 14nm lithography machine previously procured from As Company, which miraculously returned the 1.5 billion funds to Xinghai’s account.
After this announcement was released, the financial turmoil that had lasted for a long time finally calmed down slightly.
