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Chapter 260

Words:1661Update:22/06/17 23:20:47

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At the conference table, the chairman of the committee, Reese, sat upright and looked at every representative. No one had any expression on their faces. Some of them made eye contact with each other, as if they had already made a decision.

Reese said, "Before the voting starts, we will first announce the preliminary approval. If anyone has any different opinions, you can raise them."

"Huaxia Hongxin Electronics has applied to cooperate with ATT, Veriazon, and Sprint-Nextel on smart products …"

"After serious investigation, the chip data of Hongxin's smart products is unknown. It is impossible to prove whether there are security flaws. According to the requirements of the US Department of Information Security, such suspicious information technology products should be strictly controlled. Therefore, we believe that ATT, Veriazon, and Sprint-Nextel should comply with the joint request of the FCC and the US Department of Information Security and stop all cooperation with Huaxia Hongxin Electronics! "

"Does anyone have any doubts about this?"

After Reese asked, no one in the room said anything. Every one of them was a representative of an interest group. Unfortunately, they all agreed that Hongxin would harm their interests. Of course, they would not speak up for them.

Taylor Walker was wearing a suit and had a serious look on his face as if he was the representative of justice. He said righteously, "I fully support the committee's decision. According to the investigation, there may be a secret agreement between the Red Letter Group and the Chinese government, which may endanger our country's information security. Therefore, this ban must be strictly enforced! "

After he finished speaking, everyone nodded. Then, the voting started. Unsurprisingly, the ban was unanimously approved by the FCC.

The official from the US Department of Information Security was satisfied. "We strongly support such a wise decision. Thank you for your contribution to protecting our country's information security."

After that, the FCC officially announced this news to the public.

Countless companies and capitalists were paying attention to Hongxin's strategic plan to enter the American market. Even some countries' economic departments were paying attention to it.

This news was like a stone that stirred up a thousand ripples. Some were happy, some were angry.

At the US Department of Information and Telecommunications, Gru received the news before the news was released.

He shook his head and smiled. "This Lu Yan did not compromise. Now that the ban is out, Hongxin will not be able to enter the American market for a few years."

"We didn't lose anything." In the office, another vice president said, "If Hongxin becomes successful in the telecommunications industry, it will be a threat to the entire US telecommunications and smart products market. This is a wise decision."

"What a pity." Gru smiled. "Apple has already lost to them twice. In this meeting, Apple must have spent a lot of effort to stop them."

He was right. At this moment, the members of Apple's board of directors heaved a sigh of relief. Unlike other companies, Apple did not have any individual shareholders. Instead, it was collectively controlled by various capital groups. There were more than 2,000 organizations that owned a certain amount of Apple shares.

Therefore, the fluctuation of Apple's share price will affect the world's financial markets.

Apple's losses in the Chinese and Japanese markets had caused them to lose a lot of profits. This time, Hong Xin wants to enter the US market, and Apple had spent a lot of effort to stop him.

The fact that the ban on Hongxin was implemented so quickly was also the result of the cooperation of various interest groups. In addition to the interest groups behind Apple, other interest groups related to smart product companies and the communications industry also added fuel to the fire.

This ban did not cause much of an uproar in the US media. Not many media outlets even reported about it. The Americans are very unfamiliar with Hongxin. Even if a small portion of them knew about it, it would not change the overall trend. Naturally, they would not care about this issue.

However, it caused a huge uproar in China.

This was the headline of the news that day.

"Hongxin Group is being treated unfairly in the US. Banned from cooperating with telecommunications companies!"

Xinlang News: "Hongxin's plan to enter the US market has been thwarted. After Huawei, it becomes the second brand to be banned by the US!"

Penguin News: "The relevant US government announces that Hongxin's smart products are banned from cooperating with US telecommunications companies!"

UC News: "Hongxin is being banned? What is going on? "



Many media outlets reported about this. When the netizens saw the news, they were outraged.

"This is too shameless! They actually banned Hongxin from cooperating with telecommunications companies. Does this mean that Hongxin phones cannot be sold in the US? Why can US phones be sold in our country, but our phones can't be sold in their country? "

"What rubbish is this Communications Commission? Suspecting that Hongxin has a security breach? Why don't you take out some evidence? Making a decision based on suspicion? Haha! "

"Sigh … I had expected this. Hongxin's products are too good. They are even better than Apple's products. The Americans do not dare to let them enter the market. "

"What's the point of saying this here? The Americans don't care about you! "

"I am an overseas student from the US in China. Hongxin phones are so good. Why don't they allow us to sell them? Is there something wrong with their brains? "



The news outlet also did a detailed analysis of this incident. "Hongxin being banned in the US is not a coincidence. It is inevitable. As a result, Hongxin Group will not be able to enter the US market, and their global expansion plans will be thwarted.

The US market is the world's biggest smartphone market. As long as Hongxin cannot enter the US market, it will be difficult for them to become a world-class technology company.

How Hongxin Company will react to this incident will depend on Hongxin's next move. I will make a bold prediction. Hongxin will most likely give up on the US market and shift their expansion to the European market. "

The ban had a huge impact. Chinese diplomats even pointed out in their statements that the US had made unfair judgments against some Chinese companies. This will affect the economic exchanges between the two countries.

If Hongxin can succeed in the US market, it will attract a large amount of US funds to China and contribute to China's economy.

However, the relevant departments of the United States only gave a simple response and still did not make any changes to the judgment.

This incident is almost a done deal.

Everyone in the Hongxin Group was talking about this matter. This is the first time Hongxin has encountered such a huge obstacle in their market expansion.

Hong Xin's smart products could be said to be the backbone of the entire group. With the smart products as a carrier, other games, software, batteries, and other products could be sold to the American market at the same time. Now that the American market was closed, all of Hong Xin's plans were in vain.

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