Prev
Ch. 1989 / 289969%
Next

Chapter 1989

~6 min read 1,195 words

Inside the office, Watanabe Yasuto stood by the window with a livid face, his eyes gloomy, looking very scary.

As an internationally renowned giant, Sony has a huge legal team and strong financial strength, and is no stranger to legal lawsuits.

They can even be said to be battle-hardened, involving a large number of technology infringement lawsuits every year. These lawsuits often require years or even decades to resolve, but for Sony, this is just a common occurrence.

In this case, even if the final verdict is unfavorable to Sony, the compensation amount obtained is negligible compared to their profits.

Therefore, Sony doesn't care at all whether they will lose the lawsuit; they are more concerned about how to use legal means to protect their interests and delay time.

However, the situation this time is different. Qiu Dongfang chose to sue Sony at this critical moment, which made Watanabe Yasuto feel shocked and angry.

Just like VCD has already been patented, didn't he know?

Of course he knew, it's just that he didn't put this small financial company from Xiangjiang in his eyes.

If the patent was in the hands of other giants, Sony definitely wouldn't dare to be so unscrupulous.

Once DVD research and development is successful and becomes the industry standard, they will abandon VCD technology without hesitation.

By then, even if Qiu Dongfang wins the lawsuit, they won't be able to get much compensation from Sony.

However, what Watanabe Yasuto never expected was that Qiu Dongfang would sue Sony at this time.

This is equivalent to fiercely stabbing Sony, which is already seriously injured.

He can imagine what terrible situation Sony's stock will face next.

Watanabe Yasuto stared wide-eyed, staring tightly at the scenery outside the window, with nothing but anger in his heart.

But no matter how angry he is now, it's useless; the only thing he can do is find a way to deal with the crisis at hand.

He took a deep breath, tried to calm himself down, turned and left the office, and came to the conference room.

Other directors had all gone out to eat, but Yoshioka Kunihiko was there, and this old devil's face was also very ugly.

If it weren't for his small eyes that kept clicking, it would be hard to see that he was still alive.

"President!"

Yoshioka Kunihiko saw Watanabe Yasuto and asked in a low voice.

"You should know, right."

Watanabe Yasuto nodded, sat down, and then picked up the cigarette on the conference table and lit it.

Yoshioka Kunihiko frowned slightly: "President, you've smoked enough cigarettes today; if Meizi finds out, she'll be unhappy again."

Watanabe Yasuto shook his head slightly, a trace of ferocity appeared on his face, and he said through gritted teeth: "Damn Zhina person, really too greedy, actually demanding 20 billion US dollars in compensation!"

This old devil was full of anger and dissatisfaction.

Yoshioka Kunihiko was silent for a moment: "I think Qiu Dongfang, as a financial company, this sniper action against the Japanese stock market likely has their participation.

And they sued Sony, not because they really want compensation, but because they want to use this method to hit Sony's reputation, make retail investors lose confidence in Sony, and then sell the stocks in their hands."

Watanabe Yasuto took a deep breath, trying to calm himself down: "After the Plaza Accord, the yen appreciated, and the company's stock fell to 1,300 yen, and has been floating in this price range since then.

When we announced the listing of VCD, the stock rose sharply, rushing to over 2,000 yen. But when the financial fraud was exposed, it fell back to the 1,300 yen range now.

Now Qiu Dongfang publicly announced the lawsuit against Sony for infringement; I can imagine how Sony's stock will plummet when the market opens in the afternoon.

Therefore, we cannot sit and wait for death; we must find a way to stabilize investors' confidence and minimize the negative impact."

Watanabe Yasuto nodded in agreement. Then, he looked up at the sky outside the window and said through gritted teeth.

"I must make Qiu Dongfang pay the price."

After about half an hour, all the directors who went out to eat came back; these old devils' faces were also as ugly as if they had eaten shit; clearly, they also knew about the infringement lawsuit filed by Qiu Dongfang.

"Baka!"

The old devil with the toothbrush mustache slapped the table angrily.

"VCD is Sony's technology; the damn Zhina person stole our technology, and now they are actually biting back."

The devils are used to taking things by force; by this time, they were still talking tough.

And the others were thinking about how to deal with this sudden crisis; everyone knew very well that if this matter wasn't resolved well, Sony would really fall into the abyss.

The atmosphere in the conference room became more and more solemn, and everyone had a serious expression on their faces.

Watanabe Yasuto sat in the chairman's seat, his eyes swept over everyone, and then he spoke slowly.

"Gentlemen, we are facing an unprecedented crisis; if we can't find a solution as soon as possible, the consequences will be unimaginable."

Everyone nodded, expressing agreement with Watanabe Yasuto's point of view, and began to discuss various strategies and plans, but they never reached a consensus.

Some advocated private reconciliation with Qiu Dongfang, some thought they should firmly respond to the lawsuit and protect Sony's rights and interests, and others proposed easing public pressure through media public relations.

Watanabe Yasuto's brows furrowed tighter and tighter, and he became more and more anxious in his heart. Although these methods each had their own merits, none of them could solve the problem from the root.

Just at this time, Yoshioka Kunihiko, who had been silent, spoke: "Immediately notify the media, hold a press conference, and announce to the outside world the acquisition of Xiangjiang's Qiu Dongfang Financial Company."

This sentence was like a thunderbolt, shocking everyone, and then everyone's eyes lit up; they immediately understood the meaning of Yoshioka Kunihiko's words.

Acquiring Qiu Dongfang is impossible, but once this news is released, it will definitely give retail investors confidence and stabilize Sony's stock.

"Good!"

The old devil with the toothbrush mustache slapped the table excitedly: "President Yoshioka's idea is good; we don't need to pay a penny to solve the crisis at hand."

Watanabe Yasuto's furrowed brows finally relaxed; his eyes looking at Yoshioka Kunihiko were full of relief.

"We announce the acquisition of Qiu Dongfang, not just by saying it, but more importantly, by truly contacting the other party and reaching a deal."

Hearing this sentence, a group of old devils were stunned, with expressions of doubt on their faces.

One of the old devils with a toothbrush mustache asked dissatisfied: "President, do you really intend to acquire Qiu Dongfang?"

"No, my goal is not Qiu Dongfang, this financial company itself, but the patents in their hands."

Watanabe Yasuto shook his head with a smile: "Although I don't know how they obtained the VCD patents, for a financial company, holding VCD patents is clearly not for collecting patent fees."

◈

End of Chapter

Prev
Ch. 1989 / 289969%
Next
Prev
Ch. 1989 / 289969%
Next