Extraordinary Genius

Chapter 1385: Winning in One Session

“Lenovo Group is violating dumping laws, which are illegal in any country, and we have formally instituted proceedings.” And the head of the PC division told reporters.

“Lenovo Group is unfair competition, they sell below cost, this is disturbing market order, we have commissioned lawyers to send letters to Lenovo Group.” The head of the Yanni PC division claims.

“The price of a notebook cannot be reduced to this extent, they are blindly lowering the price to crowd out their opponents and seize the market, and they will pay the price they deserve.” The vice president of the East swore to Dandan.

……

PC manufacturers continued to come out and announce that even the group was going to pay the price, and at this time, the affected even the group's share price began to fall, even the group's market value began to shrink.

At this time, consumers who ordered even the Group's notebooks panicked.

If the group goes bankrupt, don't they get paid in advance?

So many consumer messages appeared on Lenovo Group's official website asking when the laptop would be shipped and even some people asking if it could be returned.

At this point, Yang Yuanqing, vice president of the Group and head of the PC division, responded: "Every consumer ordered has access to their laptop for the duration of the contract. ”

This statement completely pissed off other PC vendors. They thought Lenovo Group should compromise and return the goods to those consumers.

As for brands' reputation being affected, it's much better than being sued for huge fines, right?

I didn't even think that the group didn't know how to repent and went about it in isolation.

……

“Boss, it looks like we're sending a representative.” Wilson said easily.

This case is doomed to win, of course he's in no hurry. And the lawsuit on behalf of Huaxia against Microsoft Monopoly is about to be won, and a final verdict will be delivered before the new year of Huaxia.

“You discussed this with old Liu. I heard it was for Yang Yuanqing to attend. ”

“Well, we'll be in the US first, and I think the rest of the world will be able to withdraw their charges rationally after the US side attends. Well, maybe we can ask Dai to publicly apologize and compensate us for our loss, which is huge for our Lenovo Group brand! ”

“If you can win, you can fight a lawsuit. If you can't win, if you offend all your peers at once, it's not good. ”

Even though it hasn't reached the world's number one yet, it's rather unwise to start a war with all our colleagues for the time being. Two years later, during the global economic crisis, companies like Lenovo Group will step on their feet one by one!

“At the very least, let those manufacturers apologize for not making baseless accusations against us the next time. ”

“This is fine.” Feng Yu nodded and asked them to apologize, which was necessary.

Now that the other party reaches out, Feng Yu doesn't mind a slap.

Two days later, Yang Yuanqing, Senior Vice President of Lenovo Group, represented Lenovo Group and appeared in court in the U.S. This is a coalition of several US PC manufacturers to become plaintiffs, suing Lenovo Group for dumping, and they have an association or something on it.

When the judge asked Yang Yuanqing whether the other party's accusations were admitted, Yang Yuanqing dismissed them. When the judge asked if they could prove their innocence, Yang Yuanqing answered yes.

At this point, lawyers representing other manufacturers are foolish. What do you mean, they can prove themselves innocent? Are you saying that their costs are really so low?

Yang Yuanqing disclosed the cost of producing this laptop, which is less than $400, so their sale price of $499 is perfectly reasonable and guarantees their own reasonable profit.

Twenty-five percent gross profit. Isn't that enough? Do you manufacturers feel that 25 percent of net profit is correct?

At the time of the day's departure, Yang Yuanqing and Wilson were both high-toed, while other manufacturers' representatives, representatives of what associations, and their lawyers, all drooped their heads, one like frosted eggplant.

As soon as he came out, a group of reporters came up.

“Mr. Yang, are you sure you will win the next trial? ”

“Mr. Yang, have you considered an out-of-court settlement? Like withdrawing the laptop? ”

“Mr. Yang, how many claims have they made and how many fines have the association imposed on you? ”

Yang Yuanqing waved his hand and looked at the reporters with arrogance: "What are you all asking? There is no next court session, there is no out-of-court settlement, we do not have to compensate a penny, let alone a fine. Because we've won! ”

Those reporters are stupid. What the hell, the first trial just ended? And did I just hear you wrong? Even think the group won the case?

That's impossible. So many joint vendor complaints and XX support, they actually lost? Are the lawyers they hired sparse? Or was it all of a sudden mute?

Anyway, can they drag it to the next trial? Unless, Lenovo Group came up with conclusive evidence!

“Mr. Yang, can you tell us what's going on? ”

“Mr. Yang, we are reporters for Forbes. Can we have an interview? ”

“Mr. Yang, we're reporters for Business Weekly, and we'd like to give you an interview. ”

Journalists got more excited this time, even thinking that the group had defeated so many manufacturers on its own, which was definitely big news. Do you even think about the group, to dominate the PC industry?

“I have things to do. If you want the news, you can wait a minute. The representatives of the other manufacturers, they should be coming out. And just to remind you, they have more news than I do. ”

I was just saying, representatives of other manufacturers came out, journalists were less than half, they were all surrounded.

Yang Yuanqing also ditched the reporter, under the protection of the bodyguard, and got in the car and left.

As soon as he got in the car, Yang Yuanqing was excited to say to Wilson, "Ha ha ha, look at the desperate look they had when they knew we were really costing them. It was really painful. Doesn't mean we can't! ”

Wilson laughed and said, "Why don't you wait and see if they're done apologizing before they leave? ”

“Forget it. Go back and watch TV news. We're going to Europe. Aren't the vendors there yet to drop the lawsuit? ”

“No, we don't have to go to Europe.” Wilson lifted the storm phone in his hand, "my partner told me that the XX Commission in Europe had dropped the charges and stopped charging us. Well, now the island has withdrawn its charges. ”

Those people have been staring at the news and wanting to see the results of the first trial on the US side.

But as soon as it came out, they were all foolish. The first trial ended without saying, winning or even thinking about the group?!

It is self-evident what this means.

They all dropped the charges smartly, especially seeing those vendor representatives apologizing in front of the media, and none of them wanted to be on the news.

This dramatic closing of the case against Lenovo Group by many PC manufacturers around the world!

……