323: Chapter 323 Nokia's Sincerity in Surrender

While netizens were discussing the matter, Nokia CEO Rajeev Suri personally called Shen Fei to sue for peace.

But Shen Fei hung up directly!

To sue for peace over a video call regarding such a major matter showed absolutely no sincerity.

After hanging up five consecutive calls, Suri finally realized something was wrong and personally booked a flight to China.

In the end, Suri met Shen Fei at the Transsion headquarters.

Upon meeting, Suri's expression was very serious, but the corners of his mouth were turned down, still maintaining an arrogant attitude.

At the same time, there was a hint of exhaustion and cursing towards the United States; after all, if it weren't for them, this situation wouldn't be so terrible!

"Mr. Shen, Nokia is willing to reconcile. Let's mediate, withdraw the lawsuits on both sides, and not pursue each other further."

Shen Fei looked at the Suri opposite him, but in his heart, he kept thinking: they acted as a dog for the United States to disgust him, and now they want to get past this so easily?

How could there be such a simple matter in this world? If they didn't lose a layer of skin today, it would be as if the people under Shen Fei were being fed for nothing!

He was able to reach where he is today entirely by fighting his way through the Africa market.

It was fought with real swords and guns!

So he smiled.

"Mr. Suri, Transsion's conditions are actually very simple, just three points."

Shen Fei looked at Huang Tianya beside him, who was writing something on paper; upon hearing Shen Fei's words, he quickly closed his notebook and nodded.

"Yes, not many.

The first point is for Nokia to admit that Transsion does not constitute infringement, and the second is for Nokia to withdraw the lawsuit and compensate for related losses.

The third is for Nokia to pay patent licensing fees to Transsion."

Suri's expression changed instantly; this was no reconciliation, this was clearly slaughtering them like pigs.

He forced a smile on his face: "Mr. Shen, Nokia is the plaintiff, not the defendant!"

After saying this, he was already cursing Shen Fei in his heart; what a greedy guy, even greedier than those people in the United States.

Both sides were hounds, both wanting to devour the communication enterprises belonging to Europe, yet he had naively thought that one of them was helping him.

Shen Fei also smiled.

"Mr. Suri, the Germany court has already recognized a portion of the 120 patents Transsion counter-sued with, and some of the more complex ones are still under review.

If we continue to fight, Nokia will not only have to pay legal fees, but the compensation funds will be far more than just that."

There was a playful glint in Shen Fei's smile, and at the same time, it was as if he were calculating an account, a financial account.

"Furthermore, Transsion's whistleblower materials for the European Union's antitrust investigation agency are already prepared.

Nokia is abusing its dominant market position and monopolizing the communication patent licensing market.

If this case is established, how much will Nokia's fine be?

10% of annual revenue."

In front of Suri, Li Qing directly presented a document.

Suri also knew that what he said was true, and as for whether the European Union would protect him...

The European Union hasn't been having an easy time recently and is in urgent need of any funds. Now that someone is helping them extract money from enterprises, why wouldn't they be happy to do so?

They might even be very cooperative and announce an investigation at the first opportunity.

"Mr. Shen, your esteemed company is also a shareholder of Transsion; there is no need for us to make things so tense, right?"

Suri had already compromised in his heart; he was playing the emotional card. After all, Transsion held 3.2% of Nokia's shares and was one of Nokia's major shareholders.

Although they had always been harvesting, they were harvesting leeks, not them.

Moreover, at the annual general meeting of shareholders, Transsion would always send people to attend, but they never expressed any opinions, just listened quietly.

But starting tomorrow, the other party might stand up and speak.

"Mr. Shen, how much is the patent fee?"

"6.8% of the shares, and Transsion can license all patents."

Suri had not expected Transsion to be so ruthless. Although Nokia was on a downward slope, its market value had fallen from a peak of 120 billion US dollars to 22 billion US dollars.

But a giant is still a giant; the foundation is still there.

They could still earn a considerable income every year by selling communication equipment and living off their past achievements.

6.8% of the shares is 1.5 billion US dollars. Money is not the important thing; it can be earned back in a few contracts!

The most important thing is that 3.2% plus 6.8% of the shares represents 10% of the shares, which means what Transsion wants is far from that simple.

"Mr. Shen, this number is too high."

The Finn opposite him, in order to show his determination, threw the pen in his hand directly onto the table, then leaned back in his chair.

"I came here with sincerity this time, and I also understand Transsion's sincerity.

But 6.8% of the shares is not a number that Nokia can easily agree to right now."

"This is Transsion's bottom line."

Shen Fei was not moved by his acting and firmly refused to back down.

After all, having chosen to side with the United States, one must pay the corresponding price.

Suri leaned forward, his tone becoming sincere, and at the same time, it was as if he were begging for Transsion's charity.

"Mr. Shen, how about this: we will give Transsion a patent licensing fee.

A one-time settlement, the amount will be enough to satisfy you.

This is more direct and safer than shares, right?"

"Safe?"

Shen Fei smiled; his voice was very light, but Suri felt the infinite pressure within it.

"Safe to the point where, if you ever want to go back on your word, you can just use a lawsuit to drag us to court again on the grounds of inconsistent patent usage scope or malicious infringement?"

Suri's brow furrowed again. He felt infinite pressure and felt that this matter probably wouldn't be easy to negotiate.

But at this moment, Shen Fei said very bluntly: "Mr. Suri, you and I are both very clear that the current Nokia is never those few factories that are about to rust, nor is it the Nokia brand.

You should also be very clear that our goal is the patents you hold in your hands."

"Mr. Shen, you can't say it like that."

Suri's expression was first startled; he really didn't expect Shen Fei to point this out so bluntly.

After all, this was almost playing with open cards, directly laying out the topic.

"Yes, Mr. Shen, Nokia's patent licensing fees have never been low.

We are indeed in the wrong on this matter, and the conditions we offered are already very favorable. Moreover, we have already completed patent cross-licensing with your side; there is no need for you to be so ruthless."

"Is that so?"

Shen Fei picked up the indictment on the table, slowly flipped through two pages, then slammed it shut with a thud and threw it back on the table.

"Then we have nothing left to talk about."

He stood up, looked at the hesitant Suri, and gave them a final warning.

"Do you think we are begging to cooperate with Nokia?

No, we are giving you a chance for a graceful exit."

Huang Tianya, who was on the side, also added: "Based on the patents we have currently acquired in the 2G, 3G, and 4G industries, we can have a complete solution even without using your patents.

But Nokia cannot bypass our patents. Once the cross-licensing period ends next year, then we..."

Huang Tianya smiled without finishing his sentence, but Suri felt enormous pressure.