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

Chapter 82 MediaTek visits again

"Not going to after-sales service was the right choice," Shen Guoming said, giving a thumbs-up in approval.

"Distribution channels are the flesh and blood, while technology is the bones. Transsion has captured a lot of market share overseas, and now that its backbone is strong, it's time to expand into the offline market."

"Now that real estate is on sale, you should buy some important properties in advance and prepare well. You're not short of money anyway."

Shen Fei nodded silently.

He looked at his son, his eyes filled with complex emotions.

He had considered pursuing a technical career, but his two self-developed mobile phones were completely uncompetitive against MediaTek's turnkey solutions.

Because it ultimately failed completely...

"Xiaofei, you did a better job than me. I also wanted to work in technology back then, but the conditions didn't allow it."

Ultimately, the only option after the experiment was to give up, which means you still have the ability.

"In such a short time, we've already gained some solid experience."

"It's all thanks to the foundation you laid, Dad," Shen Fei said.

Shen Guoming patted him on the shoulder and said, "If I had laid a good foundation, that incident wouldn't have happened. This is purely due to your personal ability. Keep up the good work."

I hope to see the day when Transsion becomes a global brand.

Just as Shen Guohua was reminiscing, his phone vibrated; Huang Tianya was calling again.

"Mr. Shen, people from MediaTek have come to visit and said they want to discuss chip cooperation."

They must have realized that the chips we gave Huawei were different from the reference designs, and that enhancement program... might be...

Before Huang Tianya could finish speaking, Shen Fei's lips curled up slightly. He guessed that MediaTek had seen such a significant performance improvement in their product and was very interested in the technology, believing it to be an opportunity for them to rise again.

So...

He put down his phone and said to Shen Guohua beside him, "People from MediaTek have come to visit and said they want to talk about chip cooperation."

Presumably, they became suspicious after seeing his performance, and after testing him…

"Then what are you going to do?"

"To tell you the truth." Shen Fei waved his hand and smiled nonchalantly, but Shen Guohua sensed a hint of cunning in his expression!

"Anyway, we've already announced it at the press conference; we have indeed optimized the chip."

Moreover, our self-developed chip is about to be successfully completed. At that point, let them do whatever they want; if we cooperate well, we'll continue; if not, then we'll call it quits.

Shen Guohua ignored MediaTek; he immediately realized the key point and quickly grabbed Shen Fei, saying, "Self-developed chips? We're confident now..."

"Our fast-charging chip, Taishan PM100, has entered the tape-out stage."

The design of Taishan 900 has been completed and is currently undergoing small-scale optimization. It is expected to adopt advanced technology and be ready for mass production next year.

By then, Transsion phones will be entirely self-developed, from the operating system to the chip.

If MediaTek is sensible, they might still have a place to make a living; otherwise, they'll become our subsidiary.

Upon hearing this goal, Shen Guomin paused for a moment, then burst into laughter.

I laughed heartily and felt very proud.

"Good! Good! Good!" he said three times. "This is the kind of son Shen Guoming should have, this is the attitude a successor to China's science and technology should have."

"It's time to tell the international supply chain that times have changed."

…………

On the other side, in the communication conference room, the air was filled with the scent of sandalwood, which Shen Fei had specially ordered lit, saying it would help people think calmly.

But Lin Wenxiong, the vice president of MediaTek, sitting opposite him, couldn't calm down at all.

Starting in May, he realized something was wrong. Transsion's shipments in Africa had been increasing continuously, but the amount of procurement remained the same, far from keeping up with their market growth rate.

He's been investigating this matter, but... it's not particularly important.

Because the preliminary results were a bit outrageous, rumors were circulating throughout the industry that Transsion was buying up large quantities of used mobile phones and then using second-hand chips to scam people in Africa.

But he always felt something was off.

Later, a large number of stockpiled chips appeared on the market, once again disrupting MediaTek's plans, and most of these chips were destined for the same company.

That's right, it's Transsion!

This made him take it a little more seriously, and just as he was preparing to confront them and question them, the Mate series was released.

At the press conference, they dropped an even bigger bombshell, directly acknowledging the existence of a cutting-edge technology.

Stable overclocking algorithm.

So his attitude changed again, and after communicating with Tsai Ming-chieh, he came up with this brand new plan.

And they all showed great sincerity: one was a "Strategic Investment Letter of Intent".

MediaTek invested $50 billion to acquire a 20% stake in Transsion, valuing the company at $10 billion.

This valuation was the highest one he achieved after multiple discussions with Tsai Ming-kai.

It's worth noting that Transsion's valuation was only 200 million RMB last year, and Huaxin Investment's investment was only 500 million RMB. Now, their valuation is a full 5 billion USD, which is about 68 times their initial investment.

They are quite sincere.

The other contract is the "Memorandum of Understanding on Chip Technology Cooperation": Transsion licenses MediaTek to use its chip performance enhancement technology, and MediaTek is willing to pay a licensing fee of US$0.5 per chip or a 15% share of its net profit on sales.

The contracts were all very generous, but Shenfei did not sign any of them.

"Mr. Shen, the valuation is 50 billion US dollars."

During this financial crisis, this price is already astronomical, and we can guarantee that the funds will be available immediately once you sign the contract.

Lin Wenxiong was extremely eager, as this was a condition he had negotiated. The other party could secure 10 billion US dollars with just a simple signature.

Shenyang Aircraft Corporation (SAC) should be well aware of the sincerity behind this investment. Last year, when they invested in Huawei, a 50% stake only cost them $20 billion.

Currently, the value of a transmitted message is higher than that of the other party, and the key issue is that there's practically no technological foundation for transmitting messages.

Seeing that Shen Fei had not made a statement, Lin Wenxiong quickly moved closer to Shen Fei and said again urgently:

"Moreover, Mr. Shen, this is not a simple financial investment; we just want to further strengthen the relationship between our two companies."

After MediaTek invests in your company, we will not interfere with your operations. In fact, we will provide you with some assistance to better utilize our chips.

Once you sign this, it signifies that Transsion will become our super priority customer.

We offer priority access to the latest platforms, bar none. Our prices are 20% lower than the market average, and our communication patents can be cross-licensed, or even offered for free…

San Sang did not meet any of these conditions.

Shen Fei remained silent, as did the others in the meeting room.

MediaTek's proposal is indeed sincere, but compared to Mr. Huang, who is a human money-printing machine on the other side, he still has a lot of practice to do.

Seeing that no one in the entire company had spoken up, Lin Wenxiong grew increasingly anxious, and increasingly...

Finally, Shen Fei picked up the teacup on the table and gently blew on the tea foam.

"Mr. Lin, thank you for your consideration, MediaTek." He put down his teacup and directly refused the other party.

"But Transsion doesn't need strategic shareholders, especially upstream suppliers who can check and balance us, and of course, it doesn't need other shareholders either."

"We have Mr. Huang as an excellent investor, and that's enough."