273: Chapter 273 Mukesh's Intervention

"Anil said they had an agreement, so it shouldn't be a problem in the short term."

"Old Lei, we've known each other for so many years. Do you think agreements are of any use in the face of a ten-billion-dollar market?"

Lei Jun fell silent.

"I'm not trying to scare you, I'm just reminding you that the trap Reliance set isn't just Anil; the bigger trap is Mr. Mukesh. However, as you said, we can try cooperating, and then use this to probe Transsion's reaction."

"I understand. I'll slow down a bit more."

July 15th, just as Lei Jun arrived at his destination, Lin Bin suddenly sent another message.

"Mr. Lei, there's a situation. Is it convenient to talk?"

Lei Jun glanced at Anil, who was giving instructions to his assistant, and stood up to walk to the window to call back.

"Old Lin, what's up?"

On the other end of the phone, Lin Bin held the phone to his mouth and lowered his voice as much as possible.

"Old Lei, we just received news that someone is inquiring about our chip procurement contracts at Qualcomm and MediaTek."

"Who? Have you found out?"

Lei Jun frowned, his anger rising instantly. He had already been forced to head to the India market and was prepared to tangle with these man-eating guys.

And now, Transsion still wouldn't let him go...

They wanted to ambush him in the India market again.

But Lei Jun actually wronged Shen Fei this time; Lin Bin personally cleared Shen Fei's name.

"Found out. It's Reliance Group, but not Anil's people. It's Mr. Mukesh's people."

Lei Jun tightened his grip on the phone, and at the same time, he breathed a sigh of relief.

Mr. Mukesh, of course, was aware. Originally, he had wanted to use the other party to secure more benefits for Xiaomi.

But during the days of discussion, he had constantly released news, yet the other party had never sent anyone to make contact. He thought they were more interested in Transsion or other Chinese companies.

But he didn't expect...

"Are you sure?"

"Sure. We've become major clients of Qualcomm and MediaTek during this period, and they told me privately. Mr. Mukesh's people asked: 'How many chips does Xiaomi purchase annually? When does the contract expire? Are there any exclusivity clauses?'"

These questions made Lei Jun nervous once again.

"Is it just chips, or is there anything else?"

"Yes, almost all core components. They also sent people to Dongfang Factory to ask, and they asked about similar things."

Lei Jun suddenly really wanted to smoke a cigarette, but he glanced at the busy people over there and put his hand back down.

"Old Lin, what do you think he wants to do?"

"Mr. Lei, you know better than I do." Lin Bin's voice was heavy, full of worry about the future of this cooperation. "He wants to cut in line. Since we joined this muddy mess, we've been followed by more than just Anil. One wants to use us to cultivate local enterprises, while the other wants to poach our supply chain so this cooperation fails. Or perhaps, once we succeed with the joint venture with Anil, he will copy it 1:1."

Lei Jun suddenly closed his eyes, speechless.

He suddenly remembered Liu Qing's warning: "Old Lei, watch out for Anil's brother, Mr. Mukesh. He is the real crocodile."

At the time, he didn't pay much attention, or perhaps he had confidence that he could win against the other party.

Now, he started to care.

"Old Lin, have the legal team re-examine the contract to see if there are any issues. I'll see if I can use this condition to secure more benefits."

After hanging up the phone, Lei Jun turned around.

Anil had finished his business and was looking at him with a smile.

"Mr. Lei, what happened?"

Lei Jun kept a gloomy expression, and after a soft sigh, he spoke.

"Mr. Anil, someone is obstructing our cooperation. They are inquiring about Xiaomi's supply chain at Qualcomm and Dongfang Factory. They didn't deliberately hide their identities; the source we found is Reliance Group."

Anil's expression changed, becoming even angrier.

"My brother's people."

"It should be!"

Anil lit a cigarette in front of Lei Jun.

In business, he considered himself not inferior to his brother, and they both shared a common trait: greed. Both wanted to kick the other out of the company and swallow the other's share.

This time was naturally for the same reason.

"Mr. Anil, do you think Mr. Mukesh will take action against Xiaomi Reliance? If that's the case, I need to reconsider our cooperation. After all, Xiaomi cannot afford the other party's wrath."

"It's not 'do you think,' it's 'definitely.'" Facing Lei Jun's retreat, Anil was not angry, but rather acted as if it were a matter of course.

"Mr. Lei, do you know what kind of person my brother is? He has never lost in his life. Reliance Communications was originally his, but it was given to me when the family split, and he has always wanted to take it back."

He returned to his seat and picked up his teacup.

"If Xiaomi Reliance grows, he will definitely snatch it. And it won't be in 5 years; he is already laying the groundwork now."

The worry on Lei Jun's face became more obvious. The India market didn't seem as simple as he had imagined. No wonder Transsion had been laying the groundwork but hadn't officially entered.

So that was it!

"And it's not just him; I am doing it too. I am also very interested in his mines and other businesses. 5 years is enough time to do a lot of things."

Lei Jun looked into his eyes and suddenly understood. Neither side took that 10-year agreement seriously; both were trying to find ways to snatch the other's business, but out of face, neither had broken that layer of window paper.

"Then I'm sorry, Mr. Anil, I need to reconsider the cooperation."

"70/30 split, Xiaomi takes 70%, we take 30%. The conditions are the same as the original ones. But you must make Xiaomi's total shipment volume in India reach 100 million within three years. Before that, I will not interfere with any internal affairs; I only want Reliance Communications' market share to rise to about 30%."

"No problem."

Lei Jun agreed without hesitation.

After all, he believed that with budget phones, he could definitely reach the shipment target of 100 million units within three years.

"As long as you can do it, I guarantee no one can snatch this joint venture away. No one can sabotage it."

Returning to the hotel, Lin Bin was already waiting in the room.

There were computers and documents on the table; he was clearly busy.

"Old Lei, found out more."

"The competition between the two of them is fiercer than we imagined. Mr. Mukesh's people didn't just simply contact our supply chain. They are also poaching people."

"HR told me that several executives have recently received offers from a new company, and the other party asked if they were willing to work in India."

Finally, Lin Bin looked at him and hesitated again.

"Old Lei, should we give up? Abandon all the early investment; this way we can lose a little less."

Lei Jun shook his head!

"Old Lin, in India, Anil is a small crocodile. Mr. Mukesh is a big crocodile. But whether it's a big crocodile or a small one, we have to deal with them because this pond is theirs. As for entering the South American market, let's wait!"

But just as he was preparing to return to China, he suddenly received bad news.

transsion s3 had really arrived!