Rebirth of Hong Kong Island, leading the technology war

Chapter 208: Eagle Weida Boss Meets with the Minister of Commerce
As the Minister of Commerce of the Beacon Country, Gina Raimondo holds considerable power, but at the same time she also has a lot of worries and troubles.

In terms of how troublesome Raimondo is, he may be second only to the Secretary of the Treasury.

After all, the biggest problem facing the Lighthouse Country right now is financial. In fact, in essence, the problems in business and trade are also caused by finance.

It's all about money anyway.

But now Raymondo’s worries have nothing to do with work, but mainly about his children’s schooling.

Going to school in the Beacon Country is not as easy as the legends in the mainland say, especially for upper-class families like Raymondo, who receive elite education. The difficulty of both admission and graduation increases exponentially.

Of course, it will be no problem for Raymondo's children to go to a good middle school or even a good university. After all, he is a top politician and has real power.

However, if the required school and major are too top-notch, and the child's personal evaluation is far from meeting the threshold, there will still be some minor troubles. Even a letter of introduction from a first-class celebrity may not be enough, and a large donation may be required.

But again, Gina Raimondo is no pushover. She is a powerful figure in her own right, and a woman who can become the Minister of Commerce of the Beacon Country must have the support of powerful forces behind her.

So there are some problems with Raymondo's children's schooling, but the problem is not big and will only cause some minor troubles for Raymondo.

As long as Raimondo remains the Minister of Commerce of this most powerful country, he will still have considerable face.

Raymondo asked his assistant to get him a cup of coffee.

While drinking coffee, Raymondo was thinking about how to solve the problem of schooling for his children.

The more Raymondo thought about it, the clearer the picture became, and her frown gradually relaxed.

That’s right, as long as you get the letter of introduction from the leader of the Lighthouse Country, what could be difficult?
Even the big capitalists in Huafu Street have to be given due face.

Who made the chief known as the No. 1 gentleman on Blue Star!
A moment later, the assistant knocked on the door and came in.

"Ms. Raymondo, Eagle Weida's people are here and want to see you."

Raymondo was stunned: "...Ying Wei Da's people? Who are they?"

"It's Huang Ruiying, the boss of Yingweida."

Raymondo frowned slightly: "Why is he here? Did he make an appointment?"

The assistant nodded: "The appointment has been made. A few days ago, Ying Weida requested a meeting and you agreed."

Raymondo said, "Oh!" "I really don't remember that. Now that they are here, let them in."

Just as the assistant was about to leave, Raymondo suddenly said, "Tell him to wait in the conference room. I'll be there in a moment."

The assistant responded and opened the door and went out.

Ying Weida looked through the appointment records and actually found Ying Weida.

In fact, although NVIDIA is the most famous gaming graphics card company in the world, its status is not high among the many technology giants in the Beacon Country.

After all, gaming graphics cards are niche products, and they are not as large as Fruit phones.

Of course, in recent years, due to the rise of mining machines, Eagle Weida's performance and profit margins have increased significantly, but it still has not received much attention.

What's more, the founder of Eagle Weida is not white, which is definitely a big disadvantage in the technology circle of the Beacon Country, or even an original sin. It seems destined to be a technology runner-up company.

So even if Huang Ruiying, the founder of Eagle Weida, came, Raymondo only asked him to wait in the conference room.

You know, in the past, when the bosses of Fruit, Face Tree, Valley Dog, and even Tesla came over, Raymondo usually asked them to come to his office for a meeting.

This is a manifestation of different treatment and status.

Of course, it is already a very high treatment for people from Eagle Weida to be allowed to come to the Ministry of Commerce to meet the Minister.

How can a small-scale technology company get such treatment?

Therefore, the boss of Eagle Weida should be very happy. It was not easy for Gina Raymondo, the Minister of Commerce of the Beacon Country, to meet with him.

Raymondo insisted on finishing her cup of coffee and putting on some makeup before getting up and going to the meeting room.

The Ministry of Commerce has a special conference room for the Minister of Commerce to meet with guests.

The area is not large, but it is enough.

Raymondo pushed the door and entered the conference room. He saw two people sitting there. As expected, they both had East Asian faces.

The two men immediately stood up and introduced themselves respectfully.

One of the men with a side-parted hairstyle and a strong sense of age is Huang Ruiying, the boss and founder of Ying Weida.

The other is Huang Ruiying’s deputy, named Gao Zhen.

As we all know, Huang Ruiying was born in the Island Bay Province. Since she was a child, she followed her parents to the lighthouse country on the other side of the ocean to pursue her dreams.

Huang Ruiying was extremely talented and worked very hard, and she succeeded.

Gao Zhen came from mainland China. He had admired the country of lighthouses since he was a child. He went through untold hardships to pursue his dream in high school. He entered Eagle Weida with his outstanding performance, and worked his way up to a senior management position, and even became the confidant of the boss Huang Ruiying.

Look, Huang Ruiying came to meet with Lighthouse Commerce Minister Gina Raimondo, and also brought Gao Zhen with her to such an important occasion.

Gao Zhen was a little excited. It was a great honor to be able to meet such a high-level official from the Lighthouse Country. In his opinion, it was almost equivalent to bringing honor to his family!

Of course, the person who communicated with Minister Gimondo was mainly Huang Ruiying. Gao Zhen spoke less and listened more, and his main role was that of an assistant. After all, he still knew what was important.

Raymondo sat in the main seat and said calmly, "Mr. Huang, please sit down."

Huang Ruiying nodded and sat down first. Only then did Gao Zhen dare to sit down and looked up at Gina Raymondo, the legendary Minister of Commerce of the most powerful country in the entire Blue Star.

This is a real person! In the past, this super boss could only be seen in online videos or on TV.

Although Raymondo didn't like East Asians very much, he didn't neglect Huang Ruiying. He still exchanged a few words with him, especially asking about Ying Weida's current situation.

Huang Ruiying was of course well prepared and told Raymondo about the performance of the most recent quarter.

After hearing this, Raymondo was a little surprised. He didn't expect that Eagle Weida's sales and profits would increase so fast. Not to mention, it was almost catching up with Amazon's size, and the profit margin was even much higher than Amazon.

Raymondo said calmly, "Very good, you did a good job, Huang, no wonder Eagle Weida's stock has been performing so well recently."

Huang Ruiying quickly said a few humble words.

Huang Ruiying is a very humble and wise person. He knows that he does not have much weight in the eyes of these senior officials of the beacon country and needs to be more low-key.

At this time, Raymondo asked, "Mr. Huang, what's the matter with you coming to see me?"

Huang Ruiying coughed lightly and said, "Minister Raimondo, we at Eagle Victor have recently been working on areas related to artificial intelligence computing power, and have achieved some results."

Raymondo nodded: "Yes, I heard that part of Eagle Weida's recent performance growth was contributed by companies engaged in artificial intelligence development."

Huang Ruiying nodded: "That's right, Minister Raimondo, you understand it very well."

Gao Zhen secretly admired Gina Raymondo in his heart. She was really professional and remembered all kinds of information very clearly.

As expected of the Minister of Commerce of the most powerful country in the entire Blue Planet, he is definitely not just a freeloader. Raimondo asked, "What is your current market share?"

This is a key question. Huang Ruiying sorted out her thoughts and answered seriously: "Minister Raimondo, our market share in artificial intelligence chips is very high, about 80%."

"… 80%? That high? That's really amazing."

Huang Ruiying waved her hands quickly and said, "Minister Raimondo, it's not that great. The main reason is that the market is still very small and there are not many companies that can make GPUs, so we have the upper hand."

Raymondo nodded: "Very good, having few competitors is also an advantage, you can continue to maintain it."

"Yes, we will, Secretary Raimondo."

Huang Ruiying added: "However, we are very optimistic about the AI ​​hardware market. We believe that there will be a big explosion in the next few years, and the demand for chips will surge."

Raymondo thought for a moment and then said, "If there are strong competitors in the future, I hope such companies will also appear in our lighthouse, understand?"

Huang Ruiying and Gao Zhen looked at each other and felt strange.

Both of them were extremely smart people, so of course they understood what Raymondo meant, and even comprehended the deeper meaning.

Eagle NVIDIA is currently one step ahead in the entire Blue Star in terms of artificial intelligence chips, which is actually due to its excellent GPU chip design.

Currently, the only company that can compare with NVIDIA's GPU is AMD, and AMD has a clear disadvantage in the artificial intelligence hardware business.

Everyone knows that when the market is small, there will not be many competitors, but once the market gradually grows, competitors will also appear.

The number and strength of competitors are determined by the market size.

Unless the technical threshold of this business is too high and one company already dominates the market, it will be possible to perfectly suppress other competitors.

For example, Weiyi, Gugou, etc.

Without exception, they are all companies from the Beacon Country.

Gina Raymondo's deeper meaning is to make Eagle Weida's strongest competitor appear in the Lighthouse Country. By then, it won't matter whether Eagle Weida is the only one that can dominate the market.

Even in the minds of senior officials of the Lighthouse Country like Raymondo, it is not a good thing for a company like Eagle Weida to dominate a certain business. After all, Eagle Weida's "origin" is not perfect.

Raimondo asked, "Do you drink coffee?"

Huang Ruiying and Gao Zhen shook their heads at the same time.

"No, Minister Raimondo."

"no need."

Raimondo called his assistant and made himself a cup of coffee.

"Boss Huang, why don't you come over here?"

The problem finally came back.

Huang Ruiying quickly sorted out her feelings and said, "Minister Raimondo, we recently received news that a company in mainland China is manufacturing AI-related chips, and has already achieved results."

Raymondo was stunned: "China? There is a new competitor in artificial intelligence chips? How is this possible? Is the news confirmed?"

"Most certainly, Minister Raimondo, our information is reliable."

Raymondo's face turned serious.

This is bad news indeed.

The emergence of competitors in any country is not a big deal, except China.

But no matter how annoying they are, there is still a way to deal with them.

Raymondo took a sip of coffee and asked calmly, "Which company is it? What's its name?"

Huang Ruiying hesitated for a moment and replied, "Yes, it's Huayao."

Raymondo's hands shook and he almost knocked over the coffee cup on the table.

"…Wha, what!? Huayao!?"

Raymondo's eyes were wide open, obviously he was very shocked, no longer as calm as before.

Such a huge reaction even shocked Huang Ruiying and Gao Zhen.

I didn't expect that Minister Raimondo knew nothing about this.

And this reaction was indeed too big, as if hearing that aliens were going to invade the blue planet.

Raymondo shouted, "This is impossible! Huayao can't even make mobile phone chips, how can it make artificial intelligence chips? Where did you get this information? "

Huang Ruiying swallowed and replied, "We have known about this for some time. Huayao has been designing this artificial intelligence chip for more than a year. Now it has been ordered, and the only thing left is production."

Upon hearing this, Raymondo breathed a sigh of relief: "I thought Huayao had already produced it, but it turns out it's only in the design stage. This is easy to say. Anyway, Huayao can no longer produce chips, so this design must be scrapped."

Huang Ruiying hesitated for a moment and said, "Minister Raymondo, we actually sent someone to China to negotiate with Huayao."

"Negotiate? Talk to them..."

Raymondo smiled, obviously guessing it: "So that's how it is. You want to buy the design of the artificial intelligence chip from Huayao. You Chinese people are smart and just trying to be clever."

Huang Ruiying and Gao Zhen both looked a little embarrassed.

They are all people of the Lighthouse Country now, why do some people always say they are Chinese?

This is not the first time I have encountered this, it is the Nth time, and there will probably be more times in the future.

Raymondo asked: "And then? Did Huayao agree?"

"No, they refused, and they refused decisively."

Raymondo showed a surprised expression: "They are still so stubborn? Why don't they sell a chip that can't be produced? Did Huayao get its money from the wind?"

Huang Ruiying said: "Minister Raimondo, we suspect Huayao may have a backup plan."

"Backhand? What backhand?"

“They might be able to build that AI chip.”

Raymondo was stunned: "What do you mean? They have the ability to commercialize mass production? That's impossible. They don't have this ability. The delivery of Huayao P30 mobile phones is very poor now, which shows that their chip supply has not been resolved, let alone another chip."

Huang Ruiying said: "Minister Raimondo, with all due respect, Huayao P30 phones are being delivered in large quantities recently, and it is possible that ... the chip supply problem has been resolved."

"……Um?"

(End of this chapter)