Shockingly, a counterfeit factory has produced a 3-nanometer chip.

Chapter 476 Intercepting Lu Weibin

"Finally, I'd like to remind the minister that the fact that Transsion is still willing to sit down and discuss cooperation and abide by business rules is already the best-case scenario."

"If one day we go too far and open up all our technology to our partners, the entire Chinese technology sector will be further enhanced."

Then the whole of America will be out of options.

Who will bear the consequences?

This statement left Richard speechless and ignited a small spark in Cook's heart.

Why not move the headquarters to Shenzhen? Although land there is extremely valuable, I believe they would be willing to squeeze out a few hundred acres of land to build the fruit company's headquarters.

Richard was still there, pondering his rebuttal. After all, he knew very well that the previous sanctions were not just empty warnings, but a genuine exercise of power.

They almost came to blows!

But the strength that China demonstrated ultimately rendered all these sanctions a joke, all bark and no bite!

So it's not that you don't want to go all out, it's that you really can't?

All of Transsion's core technologies are in its own hands, not in the hands of the United States. All their moves are like hitting cotton.

After a while of this stalemate, Richard finally gave up.

"We will report this matter to the President."

…………

The operation was swift; the U.S. Department of Commerce quietly released an announcement on its website that afternoon.

"Following a comprehensive and prudent national security assessment, this collaboration between Fruit and Transsion has been specially approved."

This is also a model of upholding the principle of open markets and promoting fair global competition.

Although it's written in a grand and dignified manner, everyone knows very well that this is by no means an open market.

It's obvious they can't win and have to back down.

Under absolute technological hegemony, it's not even a fig leaf.

…………

Meanwhile, at Transsion headquarters, Shen Fei was listening to Dave Burke's onboarding report.

The former second-in-command of Android gave Shen Fei a big gift as soon as he came in!

He didn't come to take office alone; he brought more than 20 core deputies with him, practically draining the middle-level forces.

Moreover, he hasn't forgotten his work these days and has already developed an overseas full-screen ecosystem adaptation solution, which is working very well!

At this moment, Huang Tianya pushed open the door and walked in, a sly smile on his face.

"Boss, I just got some news."

The final payment for the rice has arrived; this time it's $20 billion.

Rex posted another Weibo message announcing its full-fledged push into the mid-to-high-end market.

Furthermore, he has already contacted Lu Weibin of Gionee through a headhunter, hoping to poach him to head the Redmi and Dami phone businesses, while Lei Jun is fully shifting his focus to car manufacturing and smart home businesses.

Shen Fei's attention immediately shifted from Dave Burke to Huang Tianya's report.

Lu Weibin had a deep impression of this person, or rather, he really liked this talented person.

I had considered poaching his feet before, but I forgot about it after getting busy!

However, Lu Weibin is indeed worth remembering. As the president of Gionee and the person in charge of overseas business, he has a deep understanding of emerging markets and strong execution ability. He is a rare talent.

And he really enjoys arguing with rice!

Lei Jun, who is frequently criticized, has no way to refute it!

Unfortunately, trapped on the sinking ship that is Jin, he has the ability but can't use it.

"Lu Weibin is a talented person; we can't let him fall into the hands of the rice farmers."

Shen Fei put down his pen. "Make arrangements for tomorrow. I will personally go to Gionee's headquarters to see him."

We absolutely cannot let Da Mi get him!

"Understood, I'll go right away!"

Huang Tianya smiled instantly, it seemed the two of them had come up with the same idea again.

…………

Gionee headquarters building in Futian District, Shenzhen.

Unlike the lively atmosphere on the other side of the transmission channel, this place seemed rather deserted.

Although there was a receptionist at the front desk, when Shen Fei arrived, the receptionist was looking down, obviously still scrolling through her phone.

The company promotional posters on the wall now feature more smartphones, but most emphasize cooperation with China Unicom.

After all, apart from the channels with the operators, Gionee really didn't have much say in online and offline channels!

In the top-floor president's office, Lu Weibin had just hung up on some suppliers' calls demanding payment.

After all, these guys knew perfectly well that Jinli was on its last legs, so they were all thinking about getting their money back.

The ashtray on Lu Weibin's desk was overflowing with cigarette butts, and his desk reeked of smoke.

Once upon a time, Gionee was a leader in the era of domestic feature phones.

He joined Gionee in 2010, hoping to make a big splash on this platform, lead the company to complete its transformation into a smartphone manufacturer, and make a name for himself as Lu Weibin.

But reality is sliding step by step into the abyss:

Internal strife within the management team continued, and the boss, Liu Lirong, became increasingly restless, investing in real estate one moment and venturing into finance the next, while repeatedly cutting research and development funding for the core business.

By the time the company realized it needed to focus on developing smartphones, the domestic market had already been captured by Honor and Transsion, and the offline market had long been taken over by Oppo and Vivo.

As for going overseas... many markets were swallowed up by Transsion due to their military might!

[Shenyang Aircraft Corporation: Don't slander us, we're practicing free trade!]

He's now considering running away, not because of the news that Da Mi (a rice company) wants to poach him.

It's last month's financial report!

The company suffered a net loss of over 10 billion yuan in a single quarter, with the longest payment terms from suppliers being six months overdue, and three bank loans totaling approximately 15 billion yuan maturing next month.

Gionee's current cash flow is simply not enough to fill this hole.

As the nominal president of the group, he is no longer promoting new products, but rather putting out fires everywhere.

Just as he was worrying, his secretary gently knocked on the door.

"Mr. Lu, Mr. Shen from Transsion Holdings is here!"

"Shen Fei?"

"Yes, he made an appointment yesterday, but the logistics team forgot to tell you!"

Lu Weibin quickly stood up. These idiots were truly beyond saving, after all, they couldn't even take such a big thing as a visit from a competitor seriously.

This shows just how bad Gionee has become.

"I'll go down and greet you myself!"

Suppressing his excitement, Lu Weibin quickly got up.

Meanwhile, Shen Fei and the others had already gone to the reception room, while Huang Tianya was once again acting out his professional habits.

I'm planning to go check it out and see how much residual value this company still has. If all else fails, I might just acquire them.

"Mr. Lu, please come and have a seat!"

When Lu Weibin pushed open the door, he saw this amazing scene:

Shen Fei sat casually, brewing tea, as if he were the owner of the company and Lu Weibin was the one who had come to visit today.

"Mr. Zhou, I apologize for bothering you, but please have a cup of tea first and try my cooking!"

"Thank you very much, Mr. Shen!"

The positions between the two were thus inexplicably established.

But not long after, Shen Fei suddenly brought up the incident from two years ago.

"Back then, I only saw the report on the Southeast Asian market later."

Your supervisor is definitely not very clean!

This instantly triggered Lu Weibin's memories. Later, he saw... If he wasn't mistaken, Shen Fei personally went to investigate the market back then, right?

"Mr. Shen is right!"