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

Chapter 286 The Sudden Sanctions

Lei Jun also knew that he was deceiving himself.

Even if Transsion didn't acquire a controlling stake in Chrysanthemum Factory, the two companies wouldn't fight each other; they would only join forces to crush Fruit and Sansang.

After the news broke that Honor was about to release a new product, sales of the Mi 3 plummeted.

Its domestic market share has fallen from 8% to 3%.

But as the saying goes, every cloud has a silver lining. Lei Jun picked up his phone and saw a news notification.

The U.S. Department of Commerce announced that it has added Huaxin Investment to its Entity List, and Huaxin Investment's operating team is prohibited from entering the U.S. capital market due to suspected threats to national security.

At the same time, all products from Huaxin Group are banned from the US market, including the Motorola brand under Huaxin Group, which will be affected.

Lei Jun should have been happy to see this news, but he believed that Transsion would not be defeated by sanctions.

Shen Fei always has a backup plan.

Moreover, he believes that the sanctions imposed by the United States will not last long and will be lifted soon, after all, a circuit breaker in the capital market is no joke...

…………

Meanwhile, the U.S. Department of Commerce's sanctions notice was delivered to Transsion's headquarters at 3 a.m. Kyoto time.

However, this does not affect Huang Tianya's actions. So what if he was blocked? It's not like he doesn't have other aliases.

Li Qing was woken up by the phone call. She was still a little groggy, but when she saw the email, she reached up and tucked the stray hairs from her forehead behind her ear, instantly waking up completely.

Huaxin Investment and its affiliates have been placed on the Entity List, prohibiting all Huaxin-related products from entering the U.S. market.

Huaxin Investment is Shenfei's front company and also Transsion's largest shareholder.

Sanctioning Transsion is only a temporary solution. But sanctioning Huaxin Investment would be tantamount to seizing control of Shenyang Aircraft Corporation's lifeline.

This was a fatal blow.

As for Motorola, although it wasn't explicitly named, everyone knows it's also on the list of banned companies.

Li Qing didn't call Shen Fei immediately, after all, she knew that the company had already made preparations...

Besides, Zhang Mingzhu is about the same month along now, so we can talk about it tomorrow.

After all, this isn't the worst news. The United States didn't directly ban those companies that invested, so everything wasn't too affected.

At 8 a.m., the large conference room at Transsion headquarters was full of people.

Not only Shenfei and other senior executives, but also Secretary Li of Guangzhou and Zhang Shiqing.

The projector displayed the sanctions notice from the U.S. Department of Commerce.

"The United States has placed us on the Entity List, prohibiting Huaxin-related products from entering the U.S. market."

Although Motorola hasn't officially announced anything yet, it's pretty much confirmed.

He looked in Huang Tianya's direction, after all, the capital market would be most affected by this incident.

What you can't see is the most valuable!

"Tianya, what's your opinion?"

"It won't have much of an impact. At most, it's just a change of identity. Then you can change your IP address to countries like Nigeria and still access the site."

However, what I'm most curious about now is how the Americans will handle our assets. After all, these are high-quality assets that I carefully selected, and trillions in the future are definitely not a problem.

Huang Tianya shrugged. "This really has no impact?"

It's a pity that his assets will likely be frozen for a period of time; the names of these valuable assets have already appeared on the big screen.

Google, Qualcomm, Apple... Huang Tianya has been involved with all of America's top 100 technology companies and some physical businesses.

Many have already been listed, while others have around 1% market share – definitely big players.

"They shouldn't just take it back, right?" Wang Hua smiled as he looked at the big screen.

"It's hard to say, those people are capable of anything!"

"No way," Huang Tianya said confidently, but his tone quickly wavered. "They wouldn't do something so foolish!"

After all, the last time something like this happened in the United States was in October 1997, and it was then written into history textbooks.

This means that every American president does not want their policies to cause a stock market meltdown during their term.

If the forced acquisition of Huaxin's assets causes one or more circuit breakers in the stock market, then American capital will hold a grudge for life.

As for why Huang Tianya was so certain that a circuit breaker would occur, well, retail investors are human too. Even a large capital like Huaxin Investment could be robbed, so what about other capital?

One act of distrust is enough!

Shen Fei remained silent, so after Huang Tianya finished speaking, Li Qing continued:

"Boss, Motorola is the only brand we use to enter the American market."

If we get banned, our daily business will drop to zero. Although we sell tens of millions of units a year, our profits may be affected.

"It's not just the US market; the European market could also be affected. America's allies might follow suit, and then we might be forced to move eastward."

Explore the Eastern European market.

"I've discussed this with General Manager Li, and we have some backup plans," Wang Hua said.

There's no need to worry about the core technologies.

Regarding the architecture, we already obtained a permanent license and are currently developing our own architecture. The TaiShan chip is manufactured by ourselves, using 28nm and 14nm technologies, all of which are among the most advanced in the world and will not cause any impact whatsoever.

Li Jiahui gave a briefing on his work.

"The screen is also fine; our OLED screens from CSOT are developed and produced in-house," Chen Mingyong added.

"The sensors, batteries, and cameras are all the same."

The US sanctions seem to have little impact; they can't disrupt our supply chain, they just lose a market.

After everyone had spoken, the worry that had been on their faces completely disappeared.

At this point, the general counsel made a suggestion: "Boss, we can file a lawsuit."

Although American courts are unreliable, they can be delayed.

After all, they can't possibly agree on something so important. We just need to initiate the team fight, and we'll naturally be matched with equally matched opponents.

Shen Fei shook his head. For the conservative Big Black Egg to make this decision, they had already reached a compromise internally...

After all, it took some time from the initial news to its confirmation.

"Just like everyone says, we've been preparing for this day for a long time."

This is not our darkest hour, but our shining moment!

After all, if you're a tech company and you haven't even enjoyed the special treatment afforded to you in America, you don't deserve to be called a tech company.

Everyone nodded, especially the research staff.

Some projects were initially for technological reserves, but now they can all be used.

But at that moment, Shen Fei sighed silently: "It's a pity, the Motorola brand may not be able to survive."

Thinking of the people who had been harassing him these past few days, a plan instantly popped into Huang Tianya's mind.

Why not just sell it? They've already exhausted all the patents and such, and the Motorola brand is pretty useless now...

Why not just use telepathy to fight back!