Investor That Can See The Future

Chapter 272

As the saying goes that imitation is the mother of creation, it is common for companies to copy and sue each other.

Didn’t Suseong Electronics have a battle of the century with NPL over smartphone design patents and technology patents?

But if it’s just seen and copied, it’s just copy-and-paste.

It is not that companies from other countries do not do similar things, but it is not an exaggeration to say that China is the only country that does this at the national level. If other countries had done something similar, they would have been buried in the international community sooner.

Autonomous driving technology and battery technology are deeply related to China’s national interest. If you stay still, you will do something similar.

Their faces hardened as if they didn’t know I was going to say something like this.

After a while, Li Suwei opened his mouth.

“What do you mean?”

“If you don’t understand, can I say it again? Zhoucha copied Karos’s technique.”

Vice Chairman Wang Yi-chang said with anger.

“On what basis do you say that?”

“The basis must be the JW8 that Zhou has released. Just compare a few pieces of code and you’ll see what you copied.”

“what?”

His face contorted slightly at my words.

Manager Li Xu Wei shook his head and said.

“Professor Kang seems to have misunderstood something.”

“I was telling the truth, not a misunderstanding. If we make an apology and compensation even now, we will no longer take issue with it. That alone will give you a lot of concessions.”

“Are you saying that a Chinese company is stealing now?”

“If stealing someone else’s skills is stealing, then stealing is right. The problem of patent infringement by Chinese companies is not a day or two, but isn’t this a bit serious?”

Director Li Suwei then shouted and said.

“Why don’t you try to hide your words? Even the president of South Korea wouldn’t be able to say something like that!”

After all, who can say anything against the commerce manager who can control the huge market of China?

I’m doing this because I’m like me.

“The Tang Dynasty Prime Minister Peng Tao said this. It is said to be a New Year’s Eve Christian.”

It means “the mouth is a door to anger, and the tongue is a sword that cuts through the body.” In a nutshell, do you mean to be careful?

I countered that.

“There is one thing that comes to mind when I study Chinese. A man named Docheok, who was famous in the spring and autumn era, said this. Even thieves have a way.”

Did it mean that even a thief who steals other people’s belongings has a minimum morality, or did it mean that you are talking nonsense on the subject of a thief?

Director Li Suwei jumped up from his seat.

“I don’t need to talk any more. I will never forget today.”

Then he kicked out the hotel door.

Vice Chairman Wang Yi-chang also stood up. he said grinning.

“You will regret today.”

I smiled and said calmly.

“It remains to be seen which side will regret it.

* * *

I headed straight from Macau to Washington D.C. And there he joined Taek-gyu.

“Is the conversation going well?”

“Not at all.”

Taek-gyu nodded his head as if he knew it.

“Look. If it was someone I could talk to, I wouldn’t have done it in the first place.”

“Well, you gave me a chance.”

I called Daryl and gave the order.

After the announcement of Zhou Auto’s self-driving car, China was greatly encouraged.

The Chinese media delivered the news every day and praised it, and the Chinese government said it would remove regulations, revise related laws, and provide administrative support.

National University professors who received government services poured out rosy prospects, saying that China will lead the future car sector and create 100,000 new jobs.

– Our technology level in China is like this!

– Now, China is also leading the way in high-tech fields.

– I am proud that Zhou Tea is a Chinese company.

-It doesn’t make sense to say that Karos, which has just released two cars, has a market cap of $200 billion. If Zhou Cha starts mass production, it can be overtaken by Karos very quickly.

-Zhoucha Fighting!

– Let’s show the power of the continent!

But here, Carlos poured cold water.

“It is suspected that Zhou Cha’s self-driving car copied Karos’ technology. We urge you to immediately stop selling the related vehicle model and initiate an investigation.”

People were shocked by the announcement, and the share price of Zhou Cha, which had been on the rise since the announcement of the autonomous vehicle, fell by 8 percent.

Zhou Cha immediately responded. Feng Yu-ran, the head of the technology development team, did not hide his displeasure.

“Zhou Cha’s self-driving car is an in-house technology developed jointly with Baidu and Wechant. Are you saying that Karos was the first to launch, so other companies shouldn’t develop self-driving technology? Carlos will be held accountable for his unfounded remarks.”

Media such as the People’s Daily, Global Times, and CCTV were determined and criticized Carlos’ remarks. At the same time, rather than directly accusing Carlos, an American company, he cleverly pushed the blame for Kang Jin-hoo.

Experts said in a sharp voice.

“Jinhu Kang is ignoring Chinese technology!”

“He is an investor, not an entrepreneur. He must be considered a speculator, to be exact.”

“It is clear that they are sniffing money, talking about patent infringement, and trying to extort money from Chinese companies.”

“You must not succumb to this speculative behavior.”

“The party and the people must work together to respond strongly!”

Chinese netizens were outraged.

-Jinhoo Kang insulted China!

– It’s ridiculous. There is a degree to which you look down on a large country.

-Zhou Cha’s self-driving car is a pure Chinese technology developed jointly with Baidu and Wechant!

– Isn’t Seoseong Electronics copying Nokia in the past and NPL now? Korea is the origin of sanjai.

-Chinese people live and struggle to gain face even when they die. But Kang Jin-hoo completely ruined our face!

– All Korean products must be withdrawn.

-Starting today, all Korean dramas, movies, and entertainment shows will be discontinued.

-Don’t go to Korea, and don’t use Korean products!

-Exclude all celebrities affiliated with Edm Entertainment from Chinese broadcasting, and ban imports of movies and dramas invested by Edm Entertainment!

– Let’s teach them clearly what will happen if they insult China!

Retaliation appeared immediately.

On the Internet, photos of the Eunsung car and Seosung Electronics’ smartphones and TVs were posted, and protests continued in front of Retemart.

As a result, Korean companies with large sales in China were stunned. Eunsung Motors and Seosung Electronics have virtually ceased operations in China.

The Chinese government practically banned package tours to Korea, and the travel industry, hotels and duty-free shops, which are heavily dependent on eukers (Chinese tourists), were hit hard. The damage to the Ceylon Hotel was also serious.

As China entered into blatant retaliation, dissatisfaction poured out from the political circles all at once.

Rep. Lee Jeong-hye of the Liberal National Party raised her voice saying that South Korean companies should apologize immediately, citing the loss of Korean companies.

Taek-gyu said as if he was absurd.

“Who is that Gensei expert on?”

“… … .”

At least not on my side.

I received a call from Chairman Im Jin-yong.

[Is it true that Zhou Cha stole Karos’ skills?]

“Yes. That’s for sure.”

Then he sighed.

[Then it’s usually not a big deal. Still, Carlos’ announcement was too hasty. Do you not know what kind of country China is?]

“No, that’s it. You can’t just get past this.”

From my words, Chairman Im Jin-yong seemed to have noticed something.

[Is there any solution?]

“Trust me and wait a little bit.”

[Okay.]

I hung up.

International relations are like the gangster world, and the logic of force is thoroughly applied. If you go around punching for no reason, your reputation will suffer, but China is not a country that cares about that.

In the end, the weak guy just has to be beaten unilaterally. So what should I do now?

Taehyung said with a smirk.

“We can also bring a big brother who is good at fighting.”

I nodded.

“That’s right.”

And I’m pretty close with my big brother.

* * *

Ronald Stamper.

A former real estate entrepreneur, he became the president of the United States without a single experience of public office.

When he was first elected president, the world was astonished, and all experts expressed serious concerns.

But what about now, a year and a half after his inauguration?

Surprisingly, Ronald became America’s greatest president. In a poll conducted not too long ago, he even took first place, beating Washington, Lincoln and Kennedy.

The reason is, of course, the Big One.

The Big One is the largest catastrophe in the United States. The 9/11 terrorist attacks are considered ridiculous compared to this.

If Ronald hadn’t prepared ahead of time despite everyone’s opposition, America would have suffered the worst catastrophe.

However, the United States successfully overcame that disaster, proving to the world why the United States is the most powerful country in the world.

We met outside the White House.

Ronald smiled warmly and greeted Taek-gyu with a warm smile.

“Hahaha! Come on!”

“Long time no see, President.”

He hugged me tightly as if suffocating.

“I know this guy is busy, but it’s hard to see his face.”

“The President has been very busy.”

After saying goodbye, we sat down.

“By the way, I heard that you met the Chinese commerce minister not long ago. What else is going on this time? Did Zhou Cha really copy Karos technology?”

“Yes.”

I summarized the situation so far and told you.(Read more @ wuxiax.com)

Ronald’s expression became serious as he heard the story.

“As you can see, Chinese companies have infringed patents and undermined our manufacturing competitiveness.”

Indeed, Ronald has consistently pointed to this issue since his candidacy days. However, I just couldn’t get my hands on it because I was busy taking care of Big One.

I nodded.

“It can be said that all companies operating joint ventures in China are ripping off their technological prowess.”

However, the Chinese market cannot be abandoned. In the end, it was a situation that tolerated patent infringement with a feeling of crying and eating mustard.

The Chinese government and Chinese companies are well aware of this fact and have not hesitated to take more blatant actions.

In the past, there was a clear division of roles between the US and China.

High-value-added products are produced by the United States, and low-value-added products are produced by China. Chinese toys, clothing, and shoes poured into the US market.

China has become the world’s factory, exporting to the world and earning huge dollars.

The US had nothing to lose. It is the same in the United States that has gained a huge market, and new opportunities have been opened for American companies.

Thanks to this, the United States was able to catch two rabbits: growth and price stability before the global financial crisis after the dot-com bubble.

Recently, however, Chinese companies are entering the high-tech industry one after another. It has excelled not only in automobiles, ships, and aircraft, but also in the IT field.

American companies have produced countless technologies and patents such as smartphones, system semiconductors, autonomous driving, and electric vehicles.

But Chinese companies are just copying what others are already doing. They were not alone in copying the business model.

Baidu for Gobble, Weibo for Facenote, Alijiny for AMZ or Abei, Zaomi for NPL or Suseong Electronics.

Moreover, these companies did not compete fairly, and grew thanks to support from the Chinese government and sanctions against foreign companies. And with the technology and capital they have accumulated, they are now pushing American companies out of the world market as well as China.

How can you sell a smartphone with similar performance for less than half the price?

Of course, Zaomi has a low profit margin, but the bigger reason is that it does not pay patent fees properly and spends less development costs.

Global companies spend huge amounts of money on R&D every year. But Chinese companies don’t have to.

Because, you can just copy it.

The absurd fact is that they grow in size in that way and then start buying patents, mergers and acquisitions, and technology development.

Once copied and stolen, it grows as fast as possible. And when the scale grows, from then on, money buys the things it needs.

It’s an obvious tactic, but you know it, but you can’t help it. As long as that side has the Chinese government on its back, this was an unfair game from the start.

Ronald crossed his arms and said.

“Of course the other side would deny it. Do you have any solid evidence to substantiate your claim?”

“Yes. While looking for a tech leak, I discovered something important.”

Taek-gyu held out what he was carrying.

“What is this?”

“It is a board that was ripped off from a server made by Super Nano. There was a spy chip so small that it was hard to see with the naked eye on the board. According to experts, it is possible to send data to another location or to access it from the outside without going through a normal process through this chip.”

Ronald’s eyes lit up at my words.

“Really?”

I went on to say

“There are not one or two companies and government offices using this server now. We’ll find out more if we look into them.”

Then it could be publicized internationally.