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Chapter 278

Words:1720Update:22/06/17 23:20:51

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Hong Xin's statement made the members of the American Federal Communications Commission explode with anger!

This was the first time they had encountered such a situation since the committee was formed! In the past, in the telecommunications industry, they could do whatever they wanted!

Hua Wei had achieved great results in other markets, but when it came to the US market, Hua Wei had no choice but to compromise.

But when it came to Hongxin, it was a different story. When the ban was issued, Hongxin's plan to enter the North American market was thwarted.

They thought that once the ban was lifted, Hongxin would enter the US market and bring the 6G technology to the US market.

Who knew that Hongxin would reject them?! Yes, Hongxin did not care about them at all and refused to enter the US market. They had imposed a technology ban on them!

This was a great humiliation! In the telecommunications industry, it had always been the US that imposed technology bans on other countries' companies. This was the first time it was the other way around!

"Damn Hongxin!" The committee chairman could not help but curse in his office. "Who do they think they are? How dare they reject our good intentions! "

In his opinion, Hong Xin should be deeply grateful to them, but in the end, he was met with a disdainful attitude. The FCC's decision to lift the ban had become a joke!

The other committee members were also furious. One of them scolded Hongxin for an hour, but it was useless.

"Mr. Chairman, Senator Flynn sent us an encrypted email," said the female secretary.

"That old man. He was the one who pushed for the ban, and now he wants us to rope in Hongxin!" The committee chairman complained.

After he finished complaining, he had to face Hongxin's rejection. According to Hongxin's request, they would not consider entering the US market unless the US reduced the harm to China's consumer electronics and other related interests.

But this was not up to them to decide. This was for the politicians in the White House to decide. They could only give their opinions.

The committee quickly held a meeting to discuss this matter.

"Since they rejected us, it's their loss!" A committee member emphasized. "We can also master the 6G technology. We don't need to rely on them!"

"But that will take time!" Another committee member said, "We only have 5G core technology now. It will take at least five to ten years before we can use 6G."

Most of the people were silent. Five to ten years was too important. Nowadays, the development of science and technology was changing with each passing day. It would take too long! It was enough to transform the entire industry.

"Everyone, the White House will not compromise!" the vice president said. "This is not something we can handle."

"But we have to let them know the seriousness of the problem!" the committee chairman concluded.

The opinion from the Federal Communications Commission was submitted to the White House. The opinion stated that the country should relax some restrictions on the Chinese telecommunications industry and give them fair treatment.

"What a bunch of ridiculous people!" In the White House of the United States, the Secretary of Commerce and the White House Chief of Staff saw the report but did not think much of it.

"I really suspect that these people have been paid by the Huaxia people to speak up for them!" The chief of staff said disdainfully. "They actually put forward such an unreasonable opinion."

"Just ignore it. I receive a mountain of suggestions every day. Just leave it be," the Minister of Commerce said.

"A small Chinese company dares to protest? What a joke. The restrictions on trade with China are not enough. We should take more actions. "

… …

Hongxin Electronics Limited. Lu Zixin sat in his office and read the latest news from the US.

The US side did not make any compromises with Hongxin. Instead, they announced that some companies are developing the sixth major mobile technology, and the time it will take to implement it will not be slower than China.

Not only that, they also stated that China does not respect the US related intellectual property rights and should increase the fees.

When this news was released, everyone in the telecommunications industry was in danger. If the fees for the intellectual property rights were increased, many small companies will go bankrupt!

Now, the US upstream companies are already charging a very high amount of intellectual property rights fees. If they increase the fees, they will be sucking the blood of the Chinese companies!

Just in the telecommunications industry alone, the 4G and 5G core technologies, chips, processors, mobile operating systems like Android, IOS, etc. are all developed by the US upstream companies, and the Chinese companies have to pay a high fee for the intellectual property rights.

"General Lu, when this news was released, the stocks of the related industries in the US rose against the trend, and some of the Chinese companies' share prices are falling." The assistant said.

"Now, many companies are worried about the impact of the increase in the intellectual property rights fees on them."

"How will it affect us?" Lu Zixin asked.

"It will not affect us much, but it will definitely affect us. It will reduce our profits." The assistant said.

"Ok." Lu Zixin started to think. Hongxin had developed most of their technologies and does not depend on them.

But if this plan is successful, it will affect the entire Chinese telecommunications industry. If the market is not healthy, Hongxin will not be able to develop.

Hongxin must not sit back and do nothing. They must take measures to let them know that the Chinese telecommunications industry is not something they can easily influence!

… …

Because of the US request to increase the intellectual property rights fees, the Chinese market is affected.

On the media, the experts analyzed this issue.

"Once the intellectual property rights fees of related industries increase, based on the current situation of our country's telecommunications industry, the cost of the entire industry will increase. Some small companies might face the risk of bankruptcy! "

"Big companies will also suffer. Even those who claim to own a lot of intellectual property rights will also have to increase their costs. These increased costs will be borne by the companies themselves, or they will shift the burden to the consumers. That means the related products and services will increase in price. "

"In the long run, this will not be good for China's economic development and people's living standards. I hope the relevant departments can negotiate with the US government to stop this plan. "

The people do not know about other things, but they know one thing. If the cost of the companies increases, their mobile phone or telecommunication service fees will increase!

This is not something the consumers want to see.

Many people are protesting on the internet. "Why should the prices increase? They are charging too much! "

"This is daylight robbery! This is too shameless! "

"Can't we not use their technologies?"

"No. This is because the core technologies are in their hands. The chips, mobile phone system, and software are all theirs. Luckily, we are going to have 6G network soon. If not, the 4G network fees will also increase! "

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