435: Chapter 435 Offline Negotiations, The Changed Plan

"Lu Mingyuan holds a deadly grudge against Transsion. His family's three generations of political accumulation were completely destroyed at the hands of Shen Fei. His father originally had a chance to advance further, but now he has become nothing more than an idle person.

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This kind of hatred cannot be measured by money."

Although Lu Mingyuan has enough hatred and is absolutely reliable as a puppet, his capabilities are truly trash.

According to the report they investigated, Ruiyi Mobile's revenue for the entire last year was only 1.2 billion. After deducting hardware costs...

Profit?

With this little money, wanting to make a profit in the mobile phone industry—it would be a miracle if he didn't lose his shirt. The only reason he's survived until now is because the Lu family has been injecting capital into him...

After all, although Lu Mingyuan is incompetent, the technology industry is indeed the foundation for future development, so the Lu family has been supporting him.

"But with Lu Mingyuan's management ability, do you think the money we invest won't just be thrown down the drain?"

"His technology and marketing skills are indeed more than an order of magnitude worse than Xiaomi. But what does a puppet need technology for? The worse he is, the easier it is for us to control him. When the time comes, Qualcomm will be responsible for providing chips, Google will be responsible for optimizing the system, and we have our channels overseas.

We will help them create that 'export to domestic' model, and it will only take two years to make them the second Transsion."

"Besides, he has no way out. Because of Lu Mingyuan's affairs, they are already dead in political circles. Their only way out is to tie themselves to us, create a business even bigger than Transsion, and slap Shen Fei in the face."

"But acquiring him doesn't make much sense. His business's annual profit isn't even enough to cover our management fees."

"We don't need to acquire him, just give him a higher level of authorization. We sell chips, they sell phones, a win-win cooperation."

The people present looked at the plan, and more and more people nodded.

Investing 500 million USD into Ruiyi Mobile to directly take 85% of the shares; the rest is just the hard-earned fee for the Lu family acting as agents...

The rest doesn't need their concern. Whether it's product appearance or system optimization, everything will be operated by elites from Wall Street.

But whether it can succeed, they don't have much confidence. After all, Apple is the only tech company left in the United States.

Thompson looked at the file and hesitated for a moment: "Then let's talk to Xiaomi first; they are the primary choice. As for Lu Mingyuan, let's keep him as a backup for now; we can kill two birds with one stone later."

...

Kyoto, Dami Company Headquarters

This meeting, which had far-reaching implications for Dami Company, was officially held internally to ensure security; it was not held outside.

Both sides adhered to a low-key code of conduct, so there were not many people in the conference room.

Silver Lake sent a three-person team: a partner, a legal counsel, and a financial officer.

On Lei Jun's side, Lin Bin and Zhou Shouzi were accompanying him.

After listening to Lei Jun brag for a while, Thompson from Silver Lake gave him some face and nodded.

He didn't want to bicker with such a top-tier marketing expert because one careless move would lead to falling into the other party's trap, so he quickly waved his hand and got straight to the point!

"Mr. Lei, I came this time with sincerity, but the 40% stake cannot be less. We can take a step back: the board only needs to give us two seats. We don't require management on a daily basis, but major decisions must be approved by us. In addition, regarding the chip issue, we can take another step back and also offer some revisions. Chips for the overseas market can be negotiated, but the domestic market must use Qualcomm entirely."

Using Qualcomm for the entire domestic market—a helpless smile appeared on Lei Jun's face instantly.

He couldn't care about etiquette anymore and pointed directly at his head with his finger.

Using Qualcomm for everything domestically—although that's how it's done now, what about the future?

If Qualcomm crashes repeatedly, he would be criticized for doing this. Although he was somewhat dissatisfied, it didn't mean he could endure it forever.

"Mr. Thompson, according to our previous agreement, wasn't it only to use Qualcomm entirely in the overseas market?"

Lin Bin, who was on the side, also very cooperatively opened the file and pointed to the first clause...

Thompson on the opposite side waved his hand.

"Sorry, we have changed our minds. After our analysis, especially after Xiaomi's experience in the India market, we believe that Xiaomi will not achieve much in the overseas market... At the very least, you cannot beat Transsion and Huawei!"

Thompson spoke very bluntly, exposing Lei Jun's bottom line directly. His face turned black instantly... Lei Jun also feigned anger and slapped the table.

"Sir, the way you say this doesn't sound like you're here to negotiate, but rather like you're here to argue. What do you mean we haven't achieved anything in the overseas market? No matter what, we are the number one brand in India. Transsion and their local brands are all below us."

Lei Jun did not mention Anil's brand, but this was indeed a scar in his heart that he could not get around.

"The data of your expansion overseas cannot be compared to Transsion's, and you were also schemed against by Anil... The India market was originally any enterprise's private reserve, and now they also have a complete one-stop chain of design and production... This is all thanks to you!"

Thompson knew very well today that it would be difficult to reach a consensus, so he came today to kill Lei Jun's arrogance.

Only after recognizing themselves would the negotiations between the two sides make steady progress, and all of this required time.

Just when the two people in charge were about to start fighting, Lin Bin on the side took the initiative to ease the atmosphere.

"Mr. Wilson, if it's 40%, then we don't need to negotiate; you can go find a new agent. If you really want to choose Dami Company, then we can only offer 30%, and for the domestic market, I can guarantee 70% will use Qualcomm, and the remaining 30% will be up to us, but it will be primarily MediaTek."

Facing the step Lin Bin provided, Wilson did not accept it, but instead became even more aggressive.

After all, a servant—who gave him the nerve?

This negotiation today was essentially an unequal negotiation!

"30% and primarily MediaTek? Mr. Lin, I suspect MediaTek's 4G chips might not be that good. Is this chip share reserved for Transsion? But Xiaomi being able to have it today is all thanks to Shen Fei. Are you really willing to use his chips?"

After speaking, Thompson looked at Lei Jun with a smile, but Lei Jun saw deep mockery in his eyes.

But it was just that Shen Fei was not here; otherwise, he would definitely say that he had met a kindred spirit.

Of course, this kindred spirit refers to MediaTek; he also thought that MediaTek's chips were not very good.

After all, in the 3G era, Qualcomm had continuous 'fire dragons' (overheating issues) and didn't die, all thanks to MediaTek's contrast.

And for a long time to come, MediaTek would continue to be in a stage of accumulating strength, but MediaTek's innovative strength was still very excellent.

After all, things like the world's first 10-core chip—these technologies were indeed far ahead...

It's just that their scheduling system seemed to have some problems.