When I am reborn, I just want to be a top student

Chapter 655: Lawsuit, Disappointment with Lei Jun

In early April.

A piece of news suddenly came out and immediately set off a global internet frenzy.

SMIC is facing a lawsuit in the Bald Eagle Federal Court.

The grounds for the lawsuit are simple, but also ridiculous.

The incident stemmed from an investigation by the Commerce Department of the United States of America, which found that SMIC had not fully complied with the agreement reached in 2016 and had not withheld the bonuses of 35 employees, concluding that SMIC had made false statements.

This reason is utterly absurd and ridiculous.

In 2016, SMIC was sanctioned by the United States.

The reason given at the time was the accusation that SMIC had illegally exported communication equipment containing Bald Eagle Federal Communications technology.

Finally, at great cost, a settlement was reached and sanctions were temporarily suspended.

In response, SMIC promised to dismiss four senior executives, punish 35 employees, and pay a fine of US$1.19 million before the matter was considered closed.

Even those who aren't discerning can see that this sanction is simply another attempt to exploit SMIC.

However, the United States of America was powerful, and SMIC still had a large share of the international market, so they had no choice but to grit their teeth and agree.

But no one expected that only two years later, the Bald Eagle Federation would impatiently launch another lawsuit.

Moreover, the reason is so outrageous!
The punishments given were extremely severe.

The Bald Eagle Federation prohibits its companies from selling chips, software, and other key technologies to SMIC.

This aspect also accounts for 25% to 30% of SMIC's supply chain.

In addition to these, an additional $10 billion fine and $4 million in bail will be imposed.

The news left countless people stunned.

Everyone knows the Bald Eagle Federation is greedy, but no one expected it to be this greedy.

$14 billion is definitely not a small amount.

The crucial point is that it has only been two years since the last time the Bald Eagle Federation imposed a fine.

This news immediately caused a devastating collapse in SMIC's stock price.

Valuation plummeted by 60%, and the stock market saw continuous selling.

The news of this bad news immediately brought SMIC to the brink of bankruptcy.

Online, countless people are hurling insults.

I have seen the previous targeting and sanctions imposed on Galaxy Technology by the Bald Eagle Federation.

Seeing the same tactics being used against SMIC again has naturally made countless netizens feel indignant on SMIC's behalf.

"This is the technological hegemony of the Bald Eagle Federation. With a single document, they directly blocked the development of a technology company. More than 80,000 employees of SMIC are about to face unemployment. This is the style of the Bald Eagle Federation."

"It's clear that this is yet another attack by the Bald Eagle Federation against us, and we will face more in the future."

"Without core technologies, it's no wonder that SMIC is facing this predicament!"

"Has no one noticed that SMIC itself violated the agreement and made a guarantee to punish 35 employees, but two years have passed and no punishment has been given? Now that it has been investigated, what face do they have to complain about being wronged!"

"They were used to being dishonest in their own country, thinking they could do the same in the Bald Eagle Federation. Look what happened!"

"This lesson will probably stay with SMIC for the rest of its life. The 1.4 billion fine is an astronomical sum."

"I'm based in Shenzhen. As far as I know, some of SMIC's upstream suppliers have already started laying off employees. I estimate this is just the beginning."

"Oh no, oh no, bros, I just got an offer from SMIC. Should I go for the job? I need your advice!"

"The domestic chip industry is about to face a harsh winter; those in the industry should prepare early!"

"Given the previous blockade imposed on us by the Bald Eagle Federation, can our base station and 5G projects still be completed smoothly?"

"If the Bald Eagle Federation hadn't said it, I would have thought SMIC was an internet technology giant that had mastered core technologies. It turns out it's just a second-hand company that relies on Bald Eagle Federation technology."

"Thinking about it carefully, there are definitely not a small number of companies like this in China. I don't know how many there are!"

"If SMIC had known this would happen sooner, would they have regretted not developing their own technology sooner?"

"To live on your knees or to die standing up—what choice should SMIC make?"

"This reminds me of the Alstom case. I estimate that SMIC is just an appetizer, and there may be many more to come. After all, we still have many companies claiming to be international companies."

"To be honest, I think Galaxy Technology is partly to blame. It's because Galaxy Technology developed technologies like lithography factories that the White Eagle Federation got anxious and tried to sanction our company."

"As an employee of SMIC, I have something to say that I'm happy to hear!"

"Working overtime 996 results in a fine of 90 billion!"

"I suggest that SMIC immediately change its business. It has recruited so many college graduates, but has not produced any scientific research results. It would be better to go into education and training."

"If the Bald Eagle Federation sues our SMIC, then we should sanction Apple, which belongs to the Bald Eagle Federation."

"Uninstall Bald Eagle Federation Enterprises' software and support domestic products!"

"You idiot upstairs, you should know that many internet companies in China have shares in the Bald Eagle Federal Financial Institutions. Are you going to uninstall it too? If you really want to uninstall it, then I'll be impressed."

There are all sorts of people saying all sorts of things online.

Some people blindly support SMIC, while others offer their opinions from a personal perspective.

However, there are still more supporters.

After all, with our development and the emergence of Galaxy Technology, many things have already changed.

For example, national self-confidence has long surpassed the original time and space.

Galaxy Technology's various products have been implementing a plan to demystify foreign products.

By revealing the realities of life overseas, we aim to help many people in China who have never been abroad understand these situations.

For example, there are all sorts of outrageous things from the Indians, such as the Bald Eagle Federation's zero-dollar purchases and homeless people, etc.

It must be said that these things were still quite rare at this time.

In addition, it was Wang Donglai's instruction, so the product was being quietly promoted in the company's backend.

With the surge in users of Toutiao, Neihan, and Douyin, significant progress has been made in popularizing this knowledge.

In addition, it is about cultivating national self-confidence.

Culture may seem insignificant, but it is actually very important.

Otherwise, Wang Donglai wouldn't have set up such a department.

Within the domestic semiconductor industry, opinions on this matter are nearly unified.

Previously, when the Bald Eagle Federation imposed sanctions on domestic semiconductor companies, the authorities had already taken action.

A 2000 billion yuan 'Semiconductor Development Fund' has been established specifically to support domestic semiconductor companies.

Large companies like SMIC naturally receive more attention.

In addition, the domestic semiconductor industry technology alliance with Galaxy Technology as its core is also a very effective measure.

At last.

No one believed that the Bald Eagle Federation would actually do that.

Everyone knows that the Bald Eagle Federation's reasons are untenable and that the punishment is too harsh.

The higher authorities will not stand idly by and allow this situation to occur; they will inevitably intervene and provide assistance.

At that time, the higher-ups will intervene.

This incident will most likely just fade away without any resolution.

There's no way they could be punished with such a large sum of money.

At the same time as this major event, there was another matter.

That was the news of the collaboration between Xiaomi and Qualcomm, which was announced quietly.

however.

This news did not escape Wang Donglai's notice.

With Wa's existence, Wang Donglai couldn't hide much from the internet. Therefore, he learned of the matter immediately.

This includes Lei Jun's move to Qualcomm.

"Ugh!"

Wang Donglai sighed.

He originally thought that his own sudden emergence would make Lei Jun firmly choose domestic products.

But reality told him that he was wrong.

Lei Jun did not do that; instead, he chose to maximize profits.

To be honest, Wang Donglai still has a certain degree of goodwill towards Lei Jun.

In my past life, among the wealthy people in China, only Lei Jun's camera lens gave people the most comfortable feeling.

Despite being a super-rich man with a net worth of hundreds of billions, he is so approachable.

They even personally open the car door for customers when delivering the car.

Such service has never been offered before.

Furthermore, Lei Jun's active integration with young people and his willingness to engage with memes have further amplified this impression.

Therefore, Lei Jun has a very good reputation online.

Wang Donglai was also affected by this to some extent.

In this life, she first agreed to Lei Jun's investment and provided assistance in many ways.

Just like last time, choosing Xiaomi's Surge S1 chip for the 7nm process is proof of that.

However, Lei Jun still chose Qualcomm.

"Since Xiaomi has chosen to cooperate with Qualcomm, let's stop providing them with the technical assistance we were providing before!"

Wang Donglai composed himself and regained his composure, then directly instructed Nuwa.

"Okay, boss!"

Nuwa naturally had no objections and readily agreed.

Artificial intelligence is indeed fast.

That afternoon.

Lei Jun then called.

"Mr. Wang, has something happened at your company?"

Lei Jun's tone was full of concern.

"Thank you for your concern, Mr. Lei. There is no such thing."

Wang Donglai said calmly.

"Mr. Wang, I just heard from my secretary that your company has withdrawn its technical assistance team. I thought something had happened to your company, so I called to ask."

Lei Jun cautiously probed.

The main task of this technical assistance team is to help Xiaomi improve its smart speakers and mobile phone operating systems.

This technical assistance team was a decision made by Wang Donglai because he wanted to develop domestically produced goods.

With this technical assistance team, the quality and performance of X-meter products have been greatly improved.

Although Xiaomi's smart speakers are not as good as Galaxy Technology's products, their level of intelligence far surpasses that of their competitors.

The adjustments to the mobile operating system have further enhanced the user experience of Xiaomi phones.

Unwittingly, this helped Xiaomi sell hundreds of thousands more phones.

Seeing such a good thing, Lei Jun is even more determined to have the technical assistance team from Galaxy Technology help optimize the newly developed product.

As a result, before any tasks were assigned, news came that Galaxy Technology had withdrawn its technical assistance team.

Upon receiving this news, Lei Jun immediately became anxious.

So, this phone number came about.

"President Lei, let's be frank, I ordered the withdrawal of this technical assistance team."

Lei Jun felt somewhat uncomfortable hearing Wang Donglai admit it so honestly.

After a moment of stunned silence, he finally spoke up, "Mr. Wang, what happened? Is there some misunderstanding?"

Wang Donglai shook his head and said, "No, there's no misunderstanding!"

"I withdrew the technical assistance team because I have other tasks to assign."

"The domestic operating system is still under development, the lithography factory is still under construction, and chip design and a series of technologies all require people to do it."

"Therefore, we didn't have enough manpower, so we withdrew the technical assistance team."

Having been in business for many years, Lei Jun naturally wouldn't believe that was the reason.

"Mr. Wang, your company's technical support team is highly capable. I was wondering if we could extend our support for a longer period of time."

"Or I could outsource some of the core tasks to your company's team."

"Of course, I can pay. How about ten million?"

Wang Donglai smiled slightly and directly rejected Lei Jun.

"Mr. Lei, you must have seen the news today."

"The Bald Eagle Federation's fear of our semiconductor and communications industries has driven them to a point of madness."

"Galaxy Technologies is not the first company to be sanctioned, and SMIC will not be the last."

"Next, we will engage in an extremely fierce competition with Western countries such as the Bald Eagle Federation in the semiconductor field."

"There will only be one winner in this competition."

"There will be clashes in all aspects, including culture, technology, military, economy, and politics."

"Mr. Lei should understand what I mean."

"At this time, what we should do and from what perspective is a test."

"Galaxy Technology will firmly adhere to independent research and development and tackle the toughest challenges head-on."

"As for what Xiaomi will do, that depends on Lei Jun's ideas."

After Wang Donglai finished speaking, he hung up the phone.

"Boss, based on my deduction, there is a 35% chance that Lei Jun will be enraged, but there is also a 68% chance that he will come to our door in person."

After Wang Donglai hung up the phone, Wa's voice rang out.

Wang Donglai was not surprised to hear Nuwa say that.

"You didn't monitor Lei Jun's phone and see some information, like buying a plane ticket to Tangdu City, did you?"

Wang Donglai asked casually.

With Nuwa's abilities, she really could do that.

Unexpectedly, Wa denied it, saying, "Boss, I didn't do that."

"This judgment is based on my collection of information about Lei Jun in the database."

Wang Donglai became more interested and asked, "Then what's your prediction for how the SMIC incident will develop?"

"Based on the last meeting of the China Semiconductor Industry Technology Alliance, and the data collected and analyzed by SMIC, I believe that SMIC will pay the fine and settle the matter."

"Although 1.4 billion US dollars is a lot, SMIC's international market is more important. If we lose the international market, the loss will be even greater."

"..."

Hearing Wa's analysis, Wang Donglai nodded noncommittally. (End of Chapter)

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