Back to 84: Getting rich from collecting rubbish

Chapter 2329 doesn’t have much impact on us
For financial reporters in Xiangjiang, what they are most concerned about is actually today's stock market.

In the stock market, the company they pay most attention to is undoubtedly MiKe Electronics.

In the eyes of many people, MiKe Electronics' stock has always been a high-quality stock that can make steady profits without losing money. However, with the investigation of MiKe Electronics' patents, many people began to have doubts about MiKe Electronics' stocks.

Some people have already started selling.

However, compared with this situation, the thing that attracts more attention is that Shen Lin, the boss of MiKe Electronics, suddenly wants to hold a press conference.

The content of this reception is naturally related to the investigation of MiKe Electronics’ patents.

So after hearing the news, almost all newspapers sent their best soldiers and generals.

"Haha, Lao Chen, you are here too!"

"No, Luo Zai, you look handsome again."

"Lao Meng, why are you here? This press conference is about financial news. What are you doing in these gossip magazines?"

"Haha, the news about Director Shen is just gossip to us!"

……

At the messy press conference, the reporters gathered together chatted in small groups.

For them, this interview is also a rare and good opportunity.

While everyone was chatting, a young man with a little messy hair, but giving off a very characterful look walked over.

Seeing this young man, several reporters who were gossiping about female celebrities couldn't help but stop.

Even more humanely said: "Axing, what do you think will happen to MiKe Electronics this time?"

The young man known as A Xing shook his head and said, "Who knows about this kind of thing!"

"But I think MiKe Electronics won't fall down so easily. After all, Director Shen is not an ordinary person."

After hearing Ah Xing's answer, someone said expectantly: "I wonder what good news Director Shen will bring us this time."

"I don't think there is any good news. You must know that MiKe Electronics is conducting a patent investigation, but..."

Just as everyone was talking about it, a group of people walked out of the press conference stage.

And when these people walked out, the flash lights suddenly lit up.

Among these flashing lights, someone shouted loudly: "Director Shen, what do you think of the huge difficulties your company has encountered?"

"Director Shen, do you think you can lead MiKe Electronics through this disaster?"

"Director Shen, I want to know how you felt when you heard the news..."

Listening to these messy words, Shen Lin coughed and said, "Everyone, if we invite you all to come this time, we will definitely give you time to ask questions."

"If you have any questions, you can ask them later."

"Now, I am releasing some news on behalf of MiKe Electronics."

Having said this, Shen Lin smiled and said, "How about we just be quiet now and let me explain the matter first?"

"Maybe after listening to what I have to say, you will have better interview directions."

When Shen Lin said this, the reporters who were still in chaos all became quiet.

They stared at Shen Lin, waiting for Shen Lin to tell them the shocking news.

Shen Lin smiled and said, "I think everyone has heard about what happened to MiKe Electronics."

"To tell you the truth, I was shocked when I heard the news."

There was a hint of exaggeration in Shen Lin's voice, which made some of these reporters laugh.

"After I drank a glass of water to recover, I suddenly discovered that I didn't seem to have much business in the United States." "Their investigation didn't seem to have much impact on us."

Having said this, Shen Lin said: "After all, our products do not use their technology."

"On the contrary, some of their domestic companies are still using some of our patents."

Hearing what Shen Lin said, the venue suddenly became quiet.

In everyone's eyes, the fact that MiKe Electronics was being investigated for patents by the United States was like the earth was falling apart.

But he didn't expect that Shen Lin's response would be so calm and gentle.

We don’t have much business!
We didn't use their craftsmanship!
Not many of our products are sold to them.

So……

"Dr. Shen, you have said so much, but you haven't said what will happen next. What are you going to do?" An impatient person said everything everyone wanted to say at once.

As soon as the man's words came out, they resonated with many people.

"Yes, Director Shen, what are you going to do?"

"Director Shen, please introduce to us, what are you going to do next?"

"Director Shen, we hope..."

Listening to the random questions, Shen Lin smiled and said: "As for the patent lawsuit, we should still fight it."

"But in order to reduce the impact of this investigation on our company, we are prepared to suspend our business in the United States."

"In other words, our products will no longer be exported to the United States."

When Shen Lin said this, he smiled and said: "Although it is indeed a bit irresponsible for some of our loyal old users, we are also forced to have no choice."

"I think if we stop this business, our company may lose about [-]% of its income."

"But there is no way. Compared with the company as a whole, we can still sacrifice this benefit."

After Shen Lin finished speaking, the reporter who had just asked the question couldn't help but said: "Dr. Shen, with your response like this, aren't you afraid that others will take more serious action against your MiKe Electronics?"

"You know, they can ban you from using their technology."

"Also, they can even ban merchants who use their technology from providing services to MiKe Electronics."

"As far as I know, MiKe Electronics' PHS products have many products imported from outside."

"And some businesses that provide materials to MiKe Electronics use American technology."

At this point, the reporter said: "If this happens, please ask Director Shen what to do."

Shen Lin looked at the reporter whose eyes were full of expectation and said with a smile: "Your Excellency, you know very well about the situation of our MiKe Electronics!"

"Since you asked about our PHS, let me talk about our PHS products."

"Everyone knows that PHS is a flagship product of our MiKe Electronics, and its current sales are very good."

"But I know very well that this PHS is only a product for a certain period of time. In the future, PHS will eventually be replaced by mobile phones."

"But this time should be ten years away!"

Having said this, Shen Lin glanced at the reporters and said: "I investigated our PHS parts and components, and found that more than 60.00% are now purchased domestically, and American technology is not used at all."

"As for the remaining 40.00%, we also have alternative products."

"As for the core components, they are all produced by our own factories, so even if the investigation on us is intensified, it will not have much impact."

(End of this chapter)