My Age of Investment

Chapter 1413: sky-high indemnity

   Chapter 1413 Sky-high Indemnity

   The next day.

  The patent infringement lawsuit between Huaxin International and Bay Power has been entangled for six years. Under the attention of the industry, it was officially opened in the Federal District Court of Alameda County, San Francisco Bay Area, California, and the two companies ushered in the final battle.

   Since December 2003, when Gulf Power first sued Huaxin International for patent infringement and theft of trade secrets, the two companies have been fighting and reconciling all the way.

During the    period, we first experienced out-of-court settlement, Huaxin International paid indemnity and handed over technical data to be hosted by a third party. Wandian can check the technical account at any time to confirm whether there is any infringement.

Then, after just over a year of cessation, Bay Power took Huaxin International to court again on the grounds that Huaxin International did not abide by the settlement agreement, and the lawsuit went from the mainland to the United States. This lawsuit is the final conclusion to this matter.

  The two companies attach great importance to today's lawsuit, which can be seen from the lineup of executives present at the court hearing.

In terms of Huaxin International, Zhang Rujing led a group of executives who flew to the United States from the mainland to sit around Xia Jingxing. Fuxing Industry CFO Deng Yuanjun, Fuxing Semiconductor CEO Liang Mengsong, Spreadtrum CEO Li Liyou, Fuxing Industrial American Chip Design Institute President and Sunyi Chip The person in charge Chen Zongjian and other semiconductor executives were also among the team that came to listen.

   In terms of Bay Power, he is 78 years old. Zhang Zhongmou, who returned to Bay Power as CEO after four years of retirement, also led a group of top management of Bay Power to the trial scene in person.

  The two sides sat clearly on both sides of the auditorium, and they were hostile to each other, and a strong smell of gunpowder could be felt across the air.

  Xia Jingxing was the first time he saw Zhang Zhongmou, so he couldn't help but take a second glance.

  Although the old man is full of silver hair, his mental state is very good, and it seems that he should have no problem living for more than ten years.

   really answers the old saying, good people don’t live long, and disasters last thousands of years.

   As if he had noticed something, Zhang Zhongmou suddenly turned his head and met Xia Jingxing's gaze.

   Looking at the young and outrageous face, a smile appeared on the corner of the old man's mouth. He also didn't like Xia Jingxing, a well-known young man.

  The fact that the other party took in Zhang Rujing, Liang Mengsong and other Wandian generals was only part of the reason for his disgust, and part of the reason was that he couldn't understand Xia Jingxing's rebelliousness and arrogance.

   Just like in his previous life, Zhang Zhongmou did not believe that Xia Jingxing could achieve extraordinary achievements in a continent where the semiconductor industry environment was like a desert.

The other party's massive acquisition and integration of the mainland semiconductor industry, including Huaxin and Spreadtrum, is completely useless in his opinion, because a pile of garbage is still a pile of garbage even if it is stacked together. If you want to design and manufacture high-end chips, you must first Let's get back the decades of semiconductor development that have been lost and talk about other things.

  Xia Jingxing saw the smug smile on Zhang Zhongmou's face, he was not angry at all, his whole person was very calm.

   Aside from family and country feelings, the other party does have the capital to look down on him as a newcomer to semiconductors.

Zhang Zhongmou is known by the industry as the godfather of semiconductors in Yizhou and the king of chips. He entered the semiconductor industry at the same time as Gordon Moore, founder of Intel and proposer of Moore's Law, and Jack Kilby, inventor of integrated circuits and Nobel Prize winner. Entered Texas Instruments, created the era of semiconductor foundry, and worked for more than half a century...

   Combining these extraordinary achievements, it is a well-deserved first person in the Chinese semiconductor world.

The only thing that Xia Jingxing felt disgusted and even hated was that the old man and Li Huangtai were both capable and refined egoists. The tragic situation, but there is not the slightest heart of serving the country.

   In contrast, Zhang Rujing, whose parents had the same experience as Zhang Zhongmou, did not forget his roots and spared no effort to contribute to the country and the nation in his own way.

  Conversely, it may not be a bad thing for Zhang Zhongmou to look down on him, as well as Fuxing Semiconductor and Huaxin International.

   Anyway, the old man has a long life, and he should be able to see how the most proud career in his life went down step by step.

  Xia Jingxing only hoped that the pace of revival of the rise of semiconductors would be a little faster, and strive to let the old man die with hatred.

  …

   Hours later, as the judge struck the gavel, the lawsuit officially came to an end.

  The US judge ruled that among the 65 controversial semiconductor patent projects submitted by Bay Power, Huaxin International illegally used 61 of them, which brought huge economic losses to Bay Power...

  From the date of the judgment, Huaxin International must immediately stop the infringement, stop the use of the relevant patents, and compensate Bay Power for economic losses of 1 billion US dollars!

   Hearing the judgment document read out by the judge in court, the people beside Xia Jingxing immediately exploded.

  Although everyone is mentally prepared to lose the case, they never expected to pay such a large sum of money.

   A few years ago, Huaxin International had already lost a lawsuit and compensated Gulf Power with USD 200 million.

   This time, the amount of compensation has been directly increased by five times, and those who belong to the top category can no longer be punished!

  Compared with the lost senior executives of Huaxin International, there is a sea of ​​joy on the other side of Bay Power.

   Before walking out of the courtroom, the group couldn't help but start celebrating.

  Xia Jingxing glanced at the dejected executives beside him who looked like defeated roosters, and couldn't help frowning, it was only $1 billion, so what if they were compensated!

   Thinking of this, Xia Jingxing decided to do something, so he called out Zhang Zhongmou.

   "Mr. Zhang, please stop!"

   Zhang Zhongmou was walking outside surrounded by Liu Deyin, Wei Zhejia and other executives. After hearing the shouts from behind, a group of people immediately stopped and turned to look back.

  Under the unfriendly gaze of a group of executives from Wandian, Xia Jingxing walked quickly to Zhang Zhongmou.

   "This is the courthouse, what do you want to do?"

   Seeing Xia Jingxing rushing towards him aggressively, Liu Deyin immediately stepped forward to protect Zhang Zhongmou behind him. Seeing this, the others also stepped forward to block Xia Jingxing's path.

   "No! Like you said, this is the courthouse, what can I do?"

  Xia Jingxing looked at the group of middle-aged and elderly men with half-white to all-white hair in front of him with a smile, and felt a little funny in his heart, if I really wanted to beat you all, I'm afraid all of them would have already lied down by now.

   But he didn't explain too much. Looking at the group of people facing the enemy, he felt an indescribable joy in his heart.

   Frogs are frogs, they will talk about it, bully the soft and fear the hard.

   "Mr. Xia, what advice do you have for me as an old man?"

   Seeing that a certain Zhang Zhong waved his hand and spoke, a group of executives from Wandian stood aside one after another.

  Xia Jingxing looked at Zhang Zhong who was standing there with his own imposing manner, smiled and said, "I don't dare to give advice, you are a senior and an expert in the industry, who would dare to give you advice.

   I came here for no other purpose, just to ask you a question. "

   "Please tell me." A certain Zhang Zhong replied indifferently.

"This six-year-long lawsuit has officially ended. Huaxin International will transfer the compensation to your company's account within the specified time. Should the matter between our two companies end here? ."

   Hearing this, Zhang Zhongmou felt a little funny, what does this mean? Beg me not to oppress you again?

   "I didn't quite understand what President Xia said. Didn't the sentence document just now make it very clear?

  Your company infringed our patent rights and refused to repent, so we had to take up legal weapons to defend our legitimate rights and interests.

  This matter has indeed come to an end. As long as Huaxin International does not engage in those stealing things in the future, Wandian will naturally not knock on your door for no reason.

   Finally, I would like to advise Mr. Xia that the problems of Huaxin International are not small and need to be rectified to avoid repeating the same mistakes. "

  Xia Jingxing smiled, "Okay, thank you for your advice!"

After teaching Xia Jingxing a few words in the    chapter, he led the people away with satisfaction.

   (end of this chapter)