Chapter 234 Joint Statement
“Please rest assured, we can only sell the right to use the most critical technologies such as storage technology and semiconductor technology for tens of millions of dollars at most. It doesn’t matter, we can invest in technology, it all depends on your choice, and then we will hand it over to the company’s negotiation department to discuss these matters with you!” Yang Chaoye said with a smile.
Big companies such as IBM and Kodak felt relieved when they heard that the most important technology like storage only costs tens of millions of dollars.
For them, as long as they get the key technology, they can immediately regain their competitiveness.
IBM's size is tens of billions of dollars. It is completely a small problem to spend one or two hundred million to buy a few technologies.
Moreover, IBM's business is not only in the computer field. They are involved in many high-tech research and development. The short-term backwardness of computer technology does not have a big impact on them.
Of course, their most important business is computers.
However, today’s technology is lagging behind, and there is nothing we can do about it.
“For these things you mentioned, I hope Mr. Yang can issue a joint statement with us, and as soon as possible. I hope this statement can be issued today!” Mr. Frank T. Cary, President of IBM, said directly.
Frank T. Cary’s words were supported by many people.
"Mr. Frank T. Cary is right. If Mr. Yang has no objection, I hope we will discuss the content of the joint statement immediately. Otherwise, the stock market will definitely usher in a catastrophic moment. How will our beautiful government deal with it then?" It's hard to tell the Su Group!" Kodak said it very bluntly, but he was telling the truth, and Yang Chaoye naturally knew it very well.
"Brother Chaoye, this statement must be issued immediately, at least before the stock market opens tomorrow. We must make this statement to let shareholders know! Otherwise, for the technology industry, it will be A disaster!" Even Zhang Zhongmou persuaded.
Yang Chaoye knew very well that the reason why they asked Su Group to issue this joint statement with them was entirely to stabilize the rise and fall of the stock.
You must know that the technology companies behind these big guys here are all listed companies.
What if all investors suddenly know that the technology of these companies has seriously fallen behind?
Of course these companies are no longer worth their market value at this time, and the stock market will definitely plummet.
The most terrifying thing in the stock market is the continuous falling limit, which is definitely a devastating blow to major shareholders.
When technology companies encounter bottlenecks, many rely on financing and listing to arbitrage money to continue research and development. It is not easy to make a profit.
Moreover, the major shareholders of these listed companies will basically mortgage their equity to securities companies in order to obtain cash flow. If the stock price drops too much, the shareholders' mortgage assets will naturally be greatly reduced.
In order to prevent large risks, securities companies generally set liquidation lines and early warning lines above borrowings and costs. If the stock price drops too much, the securities companies will immediately sell these stocks to pay off the debt. In this way, But it will have a huge impact on the company's equity changes.
And if Yang Chaoye agrees to issue this joint statement, it means that their technology will only be half a year behind at most. By then, they will naturally be able to catch up, and even if the stock market falls, it will not fall badly.
In this way, although it will still have a certain impact on the stock market, it will at least be within control.
Su Cheng didn't understand these twists and turns very well, but Yang Chaoye explained it to him in Chinese in a low voice from the side, and he understood it.
"Then just publish it, and you can't offend all technology companies to death." Su Cheng smiled nonchalantly.
"I think so too. It's hard for two hands to defeat four hands, and even a good man is afraid of group fights. There are some things where you still have to give in." Yang Chaoye agreed.
In fact, the most important thing is that if you are afraid of government intervention, it is better to discuss these matters with these technology giants before the government intervenes. Then the American government will have no reason to intervene.
"I understand everyone's thoughts. Please rest assured that I fully support this matter!" Yang Chaoye said to everyone with a smile. As the saying goes, don't open your mouth to curse the person who apologizes, and don't stretch your hand to hit the person with a smiling face.
Seeing that Yang Chaoye was so sincere, it was hard for everyone to say anything else.
We are all in the same circle. If you are still aggressive even though others have given in, that is your fault.
"Mr. Chaoye is really grand." The president of the storage technology company said with a smile.
What their company needs most is the storage technology of Oracle Computer Company.
They are just bullying outsiders like the Su Group. If a company like IBM develops these technologies, they will not give in at all and will only monopolize these technologies.
Of course, there are costs. For example, IBM has been punished by the federal government many times for engaging in monopoly.
However, IBM is willing to pay a fine rather than disclose those technologies, because for them, although the penalty is heavy, the benefits of not disclosing it are greater.
The Su Group is different from them. It is not a company from a beautiful country. If the Su Group wants to get involved here, it will be impossible to achieve a monopoly.
So, it is better to make money openly, with a bigger picture, first improve the overall technological level of the earth, and then slowly harvest the wool.
Technology that is ten years ahead must be made public, but technology that is one year ahead cannot be made public, right? You won’t develop it yourself?
By then, when they have developed technology that is almost at the same level as Oracle Computer Company and are proudly releasing the product, Oracle Computer Company has already developed the next generation product again.
After all, Meimei Country is the largest market in the world today. Neither Su City nor Yang Chaoye are willing to lose this market.
Moreover, the market is so big that it is impossible to achieve a monopoly. It is better to be more generous and sell the right to use it, and you can gain a lot.
At this point, everyone is no longer interested in the food in front of them, and they all want to discuss a joint statement immediately.
So, after eating, at the suggestion of the president of IBM, they came to the conference room of a nearby IBM office building and began to draft a joint statement.
16 people actually represent 12 companies.
Among these 12 companies, Oracle Computer Company can be said to be the weakest.
However, no one dares to underestimate it now.
Just by releasing a product, 11 leading information technology companies had to join forces. Who dares to underestimate it?
Soon, the first draft of the joint statement was drawn up during discussions with many big shots.
The president of IBM also specifically called their legal department to check it out. After confirming that it was correct, he started to shake people off.
The targets are naturally those media reporters.
After these media jointly publish it, everyone will naturally know about it.
(End of this chapter)