Chapter 574 Official Letter
While one plane took off from the imperial capital and flew to Amsterdam, Henan, another plane had also taken off, but it flew from the island north airport of Takashima to Tokyo, Japan. |[2][3][w][x]}
The Southeast Asian financial storm was like dominoes. After overwhelming Southeast Asian countries, it accumulated huge strength and prepared to accumulate energy to sweep the entire East Asia.
In mid-October 1997, the Hokushima Island currency exerted the fine traditions of the party and the country. At this moment, the Japanese Masao Iwari was possessed by Chang Kaishen Gong's soul! Without any resistance, he directly announced that he would abandon the New Island currency. The New Island currency depreciated by 3.46% within one day. By the end of November, the New Island currency fell by 11.5%!
The confidence of international hot money, which had enough food and drinks on Baodao, has increased sharply, recovered the head-on blow it suffered in Hong Kong, and morale has reached its peak again. The next goal is no longer the newly developed developing countries in Southeast Asia, but an old developed country and an emerging developed country.
Japan and South Korea are trembling in the face of this gradually changing East Asian financial crisis.
Pang Zhou and BOE's general manager Wang Zhongyang, after handling a series of affairs at Baodao Guanjie, also chose to fly to Japan at this time.
Jabil Optoelectronics, a joint venture between Guanjie and Sharp, was already 80% of its shares in the possession of BOE. The basic patents of LCD panels that once seriously threatened BOE could no longer be called an obstacle at this time. Sharp injected part of the basic patents of LCD panels into Jabil Optoelectronics as technical investments so that the LCD panels it produces no more patent fees than other LCD companies.
After BOE acquired the controlling stake in Jabil Optoelectronics, it was equivalent to indirectly joining the LCD Industry Patent Alliance.
It’s like the DVD industry has a DVD alliance, the GSM industry has a GSM alliance, and the CDMA industry has a CDMA alliance. In industries like LCD panels, the patents designed are like the ocean. Several major manufacturers cross-authorize each other. This way a patent organization is formed to prevent latecomers from joining this industry, which is the purpose of the birth of similar alliances.
Now BOE has obtained part of the LCD panel patents in Sharp through Jabil Optoelectronics, which is equivalent to obtaining an entry ticket to the LCD Industry Alliance.
Pang Zhou and Wang Zhongyang were going to buy the tickets.
"ANA's air service is really nothing to say. Tsk tsk, the quality of the flight attendant is even higher than that of the country."
Pang Zhou stood in front of Haneda Airport with sunglasses. He took a deep breath and chuckled softly: "Sharp, I'm here."
"Minister Harahira, this is an official letter sent by China." Liuri Kyoka bit her lip and placed a document handed over through formal postal channels on Harahirasuke's desk.
"It's another official letter. Is there anything else in the Legal Department of the Society?"
If someone who knew Harashi Heisuke a year ago and hadn't seen him recently, then when he saw him again, he would not believe that this person was the "Harashi Heisuke".
He was once a very energetic and decisive in his work. It can be said that he was an extremely dazzling star among the many quasi-high-level executives of Sharp. He has always been tough in his work and is full of the Japanese's indomitable momentum.
But now, Hara Heisuke seems to have suddenly become ten years older - no, maybe twenty years old, or even more.
His firm eyes disappeared, replaced by fatigue and helplessness. The momentum of moving forward also disappeared, replaced by decadence and hesitation.
Since last year, Sharp first invested $500 million to transform its 4.5th generation LCD panel production line, enabling it to produce LCD panels for IPS screens. Then he immediately invested a 1.5 billion fifth generation production line plan, spending more than $2 billion to prevent BOE's rise in the LCD panel industry.
These plans were indeed effective in the early stages. For example, with the basic LCD panel patent in his hand, Sharp unscrupulously ignored BOE's production of IPS screens. As early as the New Year's Day schedule in 1997, he took the lead in launching an IPS screen LCD TV. Although it was a 26-inch screen cut through the 4.5th generation production line through uneconomic cutting, it still achieved unprecedented success in Japan.
The power of the IPS screen is so great! With the high-voltage driver IC, the expressiveness of LCD TV completely surpasses the traditional CRT TV effect.
In terms of the flatness, clarity, comfort, and the most important size of the picture, the IPS LCD TV and CRT TV are not on the same level at all.
The price of more than three times more expensive than traditional CRT TVs cannot stop the enthusiasm of customers. As soon as it was launched, it was immediately sold out by various large appliance stores. How proud and arrogant was Hara Heisuke at that time!
But in October, Harahirasuke felt that he suddenly fell from heaven to hell.
Due to the wrong decisions made in cooperation with Guanjie on Baodao, BOE has obtained a considerable number of basic patents for LCD panels, sweeping the channel for Chinese IPS LCD panels to enter the international market.
The desire to expand the front line was completely shattered. The thirsty market did not give Sharp too many opportunities. Toshiba, nec and Hitachi have also launched their own IPS LCD TV products. Anyway, everyone has some basic patented technology in their hands. If Sharp can infringe on the rights, we will be the same!
Since the middle of the year, the sales of Sharp LCD TVs, which were originally in short supply, began to decline. Although they still have good results, they no longer have an absolute dominant position.
The Southeast Asian financial crisis that suddenly occurred in September caused many financial institutions and banks in Japan to fall on the brink of bankruptcy. The Japanese economy, which had been in a row, has now made even worse. The economic contraction and sluggish consumption directly led to a major decline in sales of LCD TVs, which are definitely luxury goods.
Since October, the financial crisis has turned into a financial crisis, and both Japanese domestic stock markets and foreign exchange markets have been experiencing crises, and LCD TVs have not even had 10% of the month-on-month period in the first half of the year.
What followed was that the price of LCD panels was reduced, and the four major LCD panel manufacturers fought a price war with each other just to make themselves the last one to die.
It was at this time that the Ministry of Sharp LCD Industry, which was about to be on the verge of despair, suddenly received a letter from China BOE.
The content of the official letter is very simple. BOE notified Sharp to immediately stop infringing on patents on IPS screens and high-voltage driver ICs, and filed a sky-high punitive compensation for patent fees.
In most of the past six months, Sharp said he would sell 400,000 IPs screens and high-voltage driver ICs. If he only charged a patent fee, 20 million US dollars would definitely not be a problem. However, BOE proposed that it immediately stopped infringement and compensated 100 million US dollars.
Otherwise, Fanhan Group will authorize BOE to initiate an infringement lawsuit against Sharp.
Sharp's LCD strategy has been threatened unprecedentedly and has reached the point of life and death.
Liuli Jingxiang placed the third letter of supervision from BOE in front of Harahisuke and shook her head and said, "The opinion of the Legal Department of the Society believes that under the existing evidence, we have no possibility of winning the case."
She pursed her lips and said with an extremely ugly expression: "So, the Legal Department advises us to be able to settle privately to avoid affecting the reputation of the company."
"Private reconciliation?" Hara Heisuke slapped the table, and a pencil in the pen holder with great strength jumped out: "Do these cystics and salary thieves make such ridiculous suggestions? Baga, if reconciliation can be done, why should the company raise these bastards!"
"Keika, tell me what should we do?" Harahisuke looked at Kyoka Ryuri longingly, hoping that she could say something constructive.
"I……"
Liuri Kyoka lowered her head, thought about it and then shook her head and sighed: "Minister, I can't think of any way. Fanhan Group and BOE have now mastered a considerable number of basic patents, and it will be a matter of time before entering the LCD alliance. The Chinese have limited economic scale, and it will be a matter of time before their products enter the Japanese market. They can even develop Europe and the United States first. As long as we trapped us on the Japanese island, this is a game of dead chess."
"We will definitely not be able to compete with them by the technology we have in our hands. Even if the four Japanese LCD companies are advancing and retreating together, it is only a matter of time before the epoch-making technology."
Harahisuke sat back and the two of them looked at each other for a long time. Until at some point, he suddenly said "ah", looked at Liuri Kyoka in a daze, and asked, "Kyoka, why are you here?"
"minister……"
Ryuri Kyoka glanced at Harahisuke strangely and said, "Minister, I've always been here."
"Always?" Harahisuke was stunned for a moment, as if he had suddenly remembered it again, and waved his hand dejectedly and said, "Okay, I have nothing to do, you can go out first."
"Okay minister, take care of yourself." Liuri Kyoka turned around and left Harahisuke's office with her own concern.
After all, he has been too strong all the way, and the Japanese national culture lacks sympathy for losers. Under such heavy pressure, Harahisuke's spirit is on the verge of collapse. He is not inferior to his excellent or his psychological quality is not high. But when it comes to this issue concerning the future of the entire Sharp LCD business unit, he never thought that he would fall into a helpless position.
He covered his face with his hands and curled up in the office chair, as if he was going to return to his mother's son. He forgot all his worries in the palace, and just quietly thought about nothing.
"minister!"
Chapter completed!