Chapter 574 Grabbing You by the Neck at the Most Crucial Moment



"It's difficult, and it's not a matter of money. IBM can't provide you with the technology for the equipment."

Xing Baohua said, "I don't want your equipment, I want your chip designs and manufacturing orders. The manufacturing was agreed upon between me and Lewells."

Madol Booker paused for a moment and said, "Chip design can only be patented for production, not bought out."

“No, I want a buyout, and I can pay a higher price,” Xing Baohua said with a slight smile.

"What are the design requirements?"

"If you agree, we can then discuss the design requirements."

"Okay! Wait for my message."

Xing Baohua knew that he was halfway to success, but still unstable, so he put out a very large order.

“Madol Booker, I recently landed a huge project that requires a large number of servers and hard drives. This order is equivalent to half a year's revenue from your total global output.”

Upon hearing about the order, Madol Booker smiled and said, "I look forward to signing a contract with you."

Xing Baohua extended his hand and said, "It's a pleasure to cooperate with you."

The fact that the other party said that meant the deal to buy out the chip design was done.

Xing Baohua returned to his room, where several people were already waiting for him.

These are all representatives of the Chinese shareholders, and they are probably already aware of the unexpected trouble caused by the renewed foreign investment.

Seeing Xing Baohua walk in exhausted and sit down, Director Min quickly poured him a glass of water and asked, "What exactly happened? We were about to sign the agreement, why did this happen?"

“Philips and Motorola may withdraw from their wafer fab partnership,” Xing Baohua said to the group.

"What unreasonable conditions did these two companies propose?" asked Chen Lanbo, the representative of the Investment Promotion Bureau. He frequently dealt with foreigners, and it was quite normal for them to change their minds at the last minute; he had considerable experience with this.

“The equipment provided by Philips requires us to use their personnel throughout the entire process, which is about 1,200 people. From equipment installation to production, it’s all done by their people. It’s like we’re paying to build a branch factory for Philips in China, and we even have to pay the workers’ wages,” Xing Baohua explained.

"That's really going too far! We build the factory, we buy the equipment, and yet we still want so many workers. Isn't that squeezing out more than a thousand jobs? It means they won't be training our own technical staff," Director Min said, clapping his hands with a hateful expression on his face.

"If we don't have Philips' equipment and technology, will the Shanghai wafer fabs also go out of business?" Director Chen Lanbo asked.

Xing Baohua shook his head slightly and said, "I was scammed by Motorola once before, so I'm extra careful with them. Why did you join forces with Philips, Motorola, and IBM to invest in this company? They all have this technology. These three companies seem to be sticking together. They only give us equipment under their supervision and they don't train our employees."

"Heh, without Zhang the butcher, we won't eat mixed-breed pork. So, we need to be self-reliant. I just reached a verbal agreement with IBM to have them design a few chips for us, which we'll manufacture ourselves to practice with."

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