Shockingly, a counterfeit factory has produced a 3-nanometer chip.

Chapter 323 Nokia's Sincerity in Surrender

While netizens were discussing the matter, Nokia CEO Rajeev Suri personally called Shen Fei to seek reconciliation.

But Shen Fei hung up immediately!

For something this important, they come to beg with just a video call; they have no sincerity whatsoever.

After hanging up five times in a row, Suri finally realized something was wrong and personally booked a plane ticket to China.

Finally, Su Li met Shen Fei at the Transsion headquarters.

Upon meeting, Su Li's expression was serious, but with the corners of her mouth turned down, she still maintained an arrogant attitude.

At the same time, there was also a sense of exhaustion and a curse at America, after all, it wouldn't have been so bad if it weren't for them!

"Mr. Shen, Nokia is willing to settle. Both parties will withdraw their lawsuits and will not pursue further action."

Shen Fei looked at Su Li across from him, but in his heart he kept thinking, "He's disgusted by being America's dog, and he thinks he can get away with it so easily?"

There's no such thing as a simple matter in this world. If we don't suffer a great loss today, then we'll consider Shen Fei's subordinates as useless!

He owes his success today entirely to his hard work in the African market.

It was won in real combat!

So he smiled.

"Mr. Suli, the conditions for transmitting the message are actually very simple, only three."

Shen Fei looked at Huang Tianya beside him, who was writing something on a piece of paper. Upon hearing Shen Fei's words, Huang Tianya quickly closed his notebook and nodded.

Yes, not many.

The first clause is that Nokia acknowledges that Transsion did not infringe on its rights, and the second clause is that Nokia withdraws the lawsuit and compensates for related losses.

Nokia will have to pay Transsion patent licensing fees.

Suri's expression changed instantly. This was no reconciliation; it was clearly treating them like pigs to be slaughtered.

He forced a smile: "Mr. Shen, Nokia is the plaintiff, not the defendant!"

After saying this, he was already cursing Shen Fei in his heart. What a greedy guy, even more greedy than those Americans.

Both sides were like hunting dogs, both wanting to devour the European telecommunications companies, while he naively believed that one of them was helping him.

Shen Fei smiled as well.

"Mr. Suli, of the 120 patents that Transsion filed in its countersuit, the German court has already recognized some of them, while some of the more complex ones are still under review."

If the lawsuit continues, Nokia will not only have to pay legal fees, but the compensation will also be much more than that.

Shen Fei's smile held a hint of amusement, but it also seemed as if he were calculating a budget, an economic one.

"Moreover, Transsion has already prepared the materials for its complaint to the EU's antitrust investigation agency."

Nokia abused its market dominance and monopolized the communications patent licensing market.

If this case is upheld, how much will Nokia be fined?

10% of annual revenue.

Before Su Lili arrived, Li Qing presented him with a document.

Su Li knew he was telling the truth, but as for whether the EU would protect him...

The EU is also having a tough time lately and desperately needs any funding. Now that someone is helping them extract money from businesses, why wouldn't they be happy to do so?

They might even be very cooperative, announcing an investigation immediately.

"Mr. Shen, your company is also a shareholder of Transsion. There's no need for us to make things so tense, is there?"

Suri had already compromised in his heart. He had already played the emotional card, after all, Transsion still held 3.2% of Nokia's shares, making it one of Nokia's major shareholders.

Although they kept cutting, they were cutting leeks, not them.

Moreover, Transsion sends representatives to the annual shareholders' meeting, but they never express any opinions; they simply listen quietly.

But starting tomorrow, the other party might have to stand up and speak.

"Mr. Shen, how much is the patent fee?"

"With a 6.8% stake, Transsion can license all its patents."

Suri didn't expect Transsion to be so ruthless. Although Nokia was on a downward spiral, its market value had fallen from a peak of $1200 billion to $220 billion.

But a giant is still a giant; its foundation is there.

They can earn a considerable income each year by selling communication equipment and living off their savings.

A 6.8% stake is worth $15 billion. Money isn't the important thing; a few contracts will earn that back!

Most importantly, 3.2% plus 6.8% of the shares represent 10% of the shares, which means that what Transsion wants is far more than that.

"Mr. Shen, this number is too high."

The Finn across from me, to demonstrate his determination, threw his pen onto the table and leaned back in his chair.

"I came here with sincerity, and I understand the sincerity of Chuanyin."

But a 6.8% stake is not a number Nokia can easily agree to at present.

"This is the bottom line for telepathy."

Shen Fei was not moved by his acting skills and resolutely refused to back down.

After all, choosing to side with the United States comes with its own price.

Suli leaned forward, her tone becoming sincere, as if she were pleading for alms.

"Mr. Shen, how about this, we'll give Transsion a patent licensing fee."

The settlement will be made in one lump sum, and the amount will be more than enough to satisfy you.

This stake is more direct and safer, isn't it?

After all, shares may decline and are considered indirect assets, but money is different; it represents real purchasing power.

"Safety?"

Shen Fei smiled, his voice very soft, but Su Li could feel the immense pressure within it.

"So secure that if you ever want to back out, you can just sue us again for misuse of the patent or malicious infringement?"

After Su Li frowned again, he felt immense pressure. I think this matter is probably not so easy to discuss.

But at this moment, Shen Fei said very bluntly: "Mr. Su Li, you and I both know very well that the Nokia of today has never been those few factories that were about to rust, nor is it the Nokia brand."

You should be well aware that our target is the patents you hold.

"Mr. Shen, you can't say that."

Su Li was initially taken aback; he never expected Shen Fei to bring this up so bluntly.

After all, this is practically an open secret, directly bringing the topic to the forefront.

"It's Mr. Shen. Nokia's patent licensing fees have never been low."

We are indeed in the wrong in this matter, and the terms we offered were already very favorable. Furthermore, we have already completed a patent cross-licensing agreement with you; there's no need for you to be so ruthless.

"Yeah?"

Shen Fei picked up the indictment from the table, slowly flipped through a couple of pages, then slammed it shut and threw it back onto the table.

"Then we have nothing to talk about."

He stood up, looked at the hesitant Suli, and gave them a final warning.

"Do you think we're begging to cooperate with Nokia?"

No, we're giving you a chance to leave gracefully.

Huang Tianya, who was standing next to him, added: "Based on the patents we have acquired in the 2G, 3G and 4G industries, we can have complete solutions even without your patents."

But Nokia can't bypass our patents. Once the crossover period ends next year, then we...

Huang Tianya smiled but didn't finish speaking, yet Su Li felt immense pressure.