"Lenovo Group had violated the dumping laws. This is illegal in all countries. We had filed a lawsuit against them." The person-in-charge of Dai Er's PC division told the reporters.
"This is unfair competition by Lenovo Group. They are selling below their cost price, and this is disrupting the market. We had hired our lawyers to send them a lawyer's letter." The person-in-charge of Sony's PC division announced.
"The laptop prices cannot be lowered to this extent. They are trying to squeeze out their competitors and increase the market share. They will pay the price." Toshiba's Vice President said.
… …
PC manufacturers kept stepping out to announce that Lenovo Group will pay the price. At this time, Lenovo Group's share prices start to fall, and its market value starts to shrink.
The consumers who had ordered Lenovo Group's laptops panicked.
If Lenovo Group were to go bankrupt, then their deposits will be gone.
So, many consumers left comments on Lenovo Group's official website, asking when their laptops will be shipped out. Some even asked if they can get a refund.
Lenovo Group's Vice President, the person-in-charge of PC division, Yang Yuanqing, replied. "Every customer who ordered will be able to get their laptops back within the contract period."
This reply had angered the other PC manufacturers. They thought Lenovo Group will give in and refund those consumers.
As for the reputation of the brand being affected, it was much better than being sued by them and having to pay a huge fine, right?
Lenovo Group refused to change their ways and insisted on doing things their way.
… …
"Boss, I think we need to send our representatives to court." Wilson said casually.
This lawsuit is bound to be won, and he is not anxious. He will also be representing Hua Xia to sue Microsoft for monopolizing the market. The final verdict will be announced before Hua Xia's Lunar New Year.
"You should discuss this with Old Liu. I heard Yang Yuanqing will be attending the hearing."
"Then we will attend the hearing in the US first. I think after the US side attends the hearing, the rest of the countries will withdraw their lawsuits. Hmmm … maybe we can ask Dai Er and other companies to issue a public apology and compensate us for our losses. They had caused great damage to our Lenovo Group's brand! "
"You decide. If we can win, we will go to court. If we can't win, we will offend all our competitors."
Lenovo is not the world's number one, and it is not wise to go to war with all their competitors. Two years later, during the global economic crisis, Lenovo Group and other companies will step on their competitors!
"At the very least, we have to make those manufacturers apologize so that they won't dare to make groundless accusations against us next time."
"That's fine." Feng Yu nodded. It was necessary for them to apologize.
Since the other party had stretched out his face, Feng Yu didn't mind giving him a slap.
Two days later, Lenovo Group's Senior Vice President, Yang Yuanqing, represented Lenovo Group to appear in the US. Many US PC manufacturers had formed an alliance to sue Lenovo Group for dumping their products. They also have an association above them.
When the judge asked Yang Yuanqing if he admitted to the charges, Yang Yuanqing refused. When the judge asked them if they could provide evidence to prove their innocence, Yang Yuanqing answered yes.
This time, the lawyers representing the other manufacturers were dumbfounded. What does that mean? They can prove their innocence? Does that mean their cost is really that low?
Yang Yuanqing had disclosed the production cost of this laptop, which is less than 400 USD. That's why they are selling the laptop at 499 USD, which is reasonable.
The gross profit is 25%. Is this still not enough? Do all these manufacturers think that 25% gross profit is the right amount?
When they left that day, Yang Yuanqing and Wilson were both arrogant, while the representatives of the other manufacturers, associations, and their lawyers were all dejected like frosted eggplants.
A group of reporters surrounded Yang Yuanqing and Wilson when they left.
"Mr. Yang, are you confident of winning the next court hearing?"
"Mr. Yang, have you considered settling out of court? For example, stopping the sales of that laptop? "
"Mr. Yang, how much did they ask for in total, and how much did the association fine you?"
Yang Yuanqing waved his hand and looked at the reporters proudly. "What are you all asking? There will be no next court hearing, and there will be no settlement out of court. We also do not need to compensate a single cent, and there will be no fines. This is because we have won the lawsuit! "
The group of reporters was dumbfounded. What the heck? The first trial had just ended, and the lawsuit was already over? Did they hear it wrongly? Lenovo Group had won the lawsuit?
Impossible. So many manufacturers had sued them, and they even have the support of the association. How can they lose? Were the lawyers hired by those manufacturers suffering from diarrhea? Or did they suddenly become mute?
No matter what, they should be able to drag the lawsuit to the next court hearing. Unless Lenovo Group shows us conclusive evidence!
"Mr. Yang, can you tell us more about the situation?"
"Mr. Yang, we are reporters from < Forbes >. Can you accept our interview?"
"Mr. Yang, we are reporters from < Business Weekly >. We would like to give you an interview."
The reporters got even more excited. Lenovo Group had defeated so many manufacturers, and this was big news. Could it be that Lenovo Group is going to dominate the PC industry?
"I still have something on. If you all want the news, you all can wait for a while. The representatives from the other manufacturers should be coming out soon. Also, let me remind you all that they have more news than me. "
As they were talking, the representatives from the other manufacturers walked out, and more than half of the reporters surrounded them.
Yang Yuanqing shook off the reporters and left with the protection of his bodyguards.
After boarding the car, Yang Yuanqing said to Wilson excitedly. "Hahaha … Look at the despair in their eyes when they find out our true cost. Just because they can't make it, doesn't mean we can't! "
Wilson also smiled and said, "Why don't we leave after a while and see if they're done apologizing?"
"Never mind. We can watch the news on TV. We still need to go to Europe. The manufacturers there still have not withdrawn their lawsuit, right? "
"No. We don't need to go to Europe." Wilson waved his Wind and rain phone. "My partner told me that the XX committee in Europe had withdrawn their lawsuit against us. Hmmm … the Japanese side had also withdrawn their lawsuit. "
Those people had been watching the news. They wanted to know the outcome of the first court hearing in the US.
But when the results were out, they were stunned. The first court hearing ended, and Lenovo Group won the lawsuit?!
What this meant was self-evident.
They were smart enough to withdraw their lawsuit, especially when they saw those manufacturers' representatives apologizing in front of the media. They do not want to be in the news.
Many PC manufacturers around the world sued Lenovo Group, and this case ended in a dramatic fashion!
… …
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