Chapter 577: Online Public Opinion
Entering the tail end of October, Libra has passed, and it is the time of Scorpio's arrival.
Does this mean that the balance has been broken and the Scorpio has shown its stinger? Perhaps mature middle-aged men will scoff at this superstitious statement, thinking that horoscopes are just a trick made up by fashion magazines to deceive underage girls.
However, at least one adult man began to feel in his heart that this was the will of heaven in the dark?
China Fanhan Group and BOE LCD Co., Ltd. filed a lawsuit in the Osaka District Court. Sued Sharp, Toshiba, NEC, and Hitachi for infringement of two patents owned by Pan Han Group, IPS screen and high-voltage driver IC, and demanded compensation for their economic losses and cease the fact of further infringement.
The news that two Chinese companies are suing Japan's four major electronics companies, especially in Japan, is really exciting!
But none of the media reported it.
Freedom of the press is the banner under which the capitalists pack up the government, and of course cannot be used against themselves. The four major companies of the LCD industry alliance include almost all of Japan's four major chaebols. And these four major chaebols are not joking in calling themselves Japan's "sato government", and they must bow down to all the justices of money.
With such a selling point of news, it stands to reason that large companies blatantly infringe on the patent rights of other companies, which should be very provocative to the audience. But whether it's newspapers or television, it's almost all the same.
Oh, not really.
In fact, there are still media reports, but not media in the traditional sense, but online media in the ascendant.
First of all, Yahoo Japan gave a red news link in a prominent position on the first screen of the website. Yahoo Japan has visited 20 million wèn IPs today. It is the absolute hegemon of the Japanese Internet. Not only a content provider, but also an access service provider. That is, ISP service providers. Six Ears Investment Fund was the first fund to invest in Yahoo, even after continuous financing and listing. It still owns 35 percent of Yahoo.
Don't look at it as only 35%, but it is deservedly the largest shareholder of Yahoo. Masayoshi Son's SoftBank Group invested more than the Six Ears Investment Fund, but in the end it only got a 30% stake. In third place is the Third hedge fund, which owns a measly 18 percent of its shares. The vast majority of other fractional shareholders remain, some even as little as 1% or less.
In this case, Pang Zhou's request for a homepage position on Yahoo Japan is just a matter of one sentence.
Since the listing of ST Computer in Hong Kong, Masayoshi Son, the second largest shareholder of SoftBank Group, is now the time to make a good deal with Fanhan Group. Zhou Shuo ordered a large sale of shares in ST Computer. The largest acquirer is SoftBank Group.
SoftBank Group does not belong to any of Japan's chaebols and conglomerates, and as the second largest investor in Yahoo and the main promoter of the Internet economy in Japan, SoftBank and Pan Han Group have many common interests. As a Korean in Japan (he said that his ancestors were Chinese, North Korea from the Song Dynasty), Son has always been out of step with the traditional Japanese business community.
There was such an opportunity to show his muscles, and he was happy to do it. Anyway, Pang Zhou was charging ahead, and resentment could not implicate him.
Yahoo Japan has a monopoly of 80% of Japanese Internet users. In 1997, Japan's Internet access rate reached 15 percent. The vast majority of them are young people and the mainstream of society with higher education. For technology and business news, it is the highest audience for acceptance.
Yahoo's special report made the matter of Pan Han Group and BOE suing the four major electronics companies suddenly detonated. One in 10 young people in Japan knows about this. Absolutely. Which of Japan's major newspapers and TV stations dares to say that they can make a program with 8 million viewers?
And Yahoo Day on this website. And it did. In 1997, Japan conservatively estimated that there were 15 million Internet users, and 80% of them Internet users were Internet access to Yahoo by the default search engine. Not everyone clicks on this news link. But the huge red font title always leaves some impression.
Although there was no coverage from TV stations and newspapers. But the news spread quickly. In addition to Yahoo's strong support, Japan's major BBSs, blogs, related technology, business information websites and personal websites are full of relevant news.
How did Sharp get the technology for IPS panels and high-voltage driver ICs, and how did it forcibly produce them despite patent blocking. How to snatch BOE's order from TPV, and how to put forward insincere compensation conditions......
This series of reports is about having a nose and eyes, as if the author had experienced it himself. Although Japanese society is dominated by the six major conglomerates, countless small businesses are also the cornerstone of society. Isn't it empathetic to Sharp's unscrupulous infringement of patent rights, even if it is a foreigner's patent right?
The precautions and vigilance against large enterprises are now completely ignited by this incident.
At this time, the bureaucratic and rigid side of Japan's big enterprises was revealed, because without the intervention of television stations and newspapers, the propaganda and public relations departments did not pay attention to online public opinion at all. Even if Hara Heisuke, who has already raised his vigilance, asks for attention to the Internet, but the relevant professionals have no relationship with this at all?
"Anyway, it's just circulating on the Internet, just pretend that zài doesn't exist!"
This is the reply that the Minister of Public Relations and Security gave to Heisuke Hara in person.
The Osaka District Court accepted the patent infringement case within five business days, and Pan Han Group and BOE sued the Big Four Electronics Companies, seeking $100 million in damages for the use of the patents. In particular, Sharp was held on to it, demanding not only $40 million in patent fees, but also $60 million in punitive damages.
As soon as the news came out, the Internet was immediately concerned.
Just when Yuan Pingsuke was gearing up and preparing to teach Pang Zhou a lesson in court, he didn't want Pang Zhou to have already prepared another battlefield to give Sharp a head-on attack.
In November, the Asian financial crisis had intensified, and the speed of the yen's depreciation could be said to be three times a day. Japanese financial institutions and banks, which had invested heavily in Southeast Asia, began to go bankrupt and fail in large numbers. Even those units that barely survived are facing strong financial pressure.
On November 3, 1997, as soon as the stock markets of Tokyo and Osaka opened in Japan, a large number of selling orders suddenly appeared in Sharp Company's stock!
In the context of the financial crisis, Sharp's performance was already in jeopardy. Faced with a patent infringement scandal and $100 million in punitive damages, investors inevitably lowered their expectations for Sharp's share price. After all, at present, it seems that Sharp's infringement can be said to be a sure thing. As a leading bird, it is unclear whether Sharp will be authorized for these two patents in the future.
Who called you Sharp the most mortal one? The other three may lose money and still get authorization, I guess you will be excluded. As an important strategic development direction of the LCD industry in the future, it is normal for investors to have a pessimistic impression of it in the face of such a huge crisis.
When a large number of selling orders appeared, Sharp's stock suddenly fell!
In just an hour after the morning opened, Sharp's stock price fell from 440 yen to below 400 yen, and it was rolling towards 380 yen.
That is, in just one hour, Sharp's assets suddenly shrank by a tenth.
Today, the Pan Han Group is also relatively powerful in Japan, with the support of SoftBank in publicity, and the economic condition is that it promises to license two patents to Toshiba in the future, in exchange for Toshiba's cooperation.
Toshiba has Sharp shares in its hands, and of course Sharp actually has some Toshiba shares in its hands. But in the LCD panel market, it's not surprising that Toshiba wants to take out Sharp. If BOE wants to enter the Japanese market, it must license the technology to other companies, otherwise the anti-monopoly investigation will fall on its head in minutes.
In this case, if selling Sharp can be exchanged for technology licensing, Toshiba is 100% in favor of it.
On the one hand, Toshiba sold a large number of Sharp shares, and on the other hand, with Toshiba's introduction, Pang Zhou also borrowed a large amount of Sharp shares from stockbrokers and then sold them.
The general pessimism in the market has met such a large-scale selling, where is Sharp's stock price okay?
By the end of the morning, the decline in Sharp's stock even pulled the Nikkei down by almost 100 points!
"Ministry, minister!" Ruri Kyoka pushed open the door of the Osaka District Court in fear, and her panicked shouts even caused many people in the surrounding offices to poke their heads out curiously.
Yuan Heisuke heard her voice, walked out of the office of the district prosecutor, and frowned: "Kyoka, this is the court, don't let people look down on our Sharp Club!" ”
"Hey!" Ruri Kyoka found Hara Heisuke, her mind suddenly relaxed, and she gasped on her knees and said, "Minister, we were fooled!" The Chinese prosecution of us is a conspiracy, and this morning they heavily shorted our Sharp stock in the stock market, and the stock price fell by more than 10%! The president and the president are all waiting for you in the company......"
When Hara Heisuke heard this, he shook suddenly, and hurriedly held on to the wall. A 10% drop in Sharp's stock price means that the value of all Sharp shareholders has shrunk by 10%, which means that both the chairman and the president must have lost their eyes by now.
His eyes widened and he shouted in disbelief, "This can't be! The stock price of Sharp, which suppressed Sharp, fell by 10%, and it would require at least $2 billion in funds. Chinese, where did you get such a big money! (To be continued......)