555 Who is the Monopoly? (1/2)
Chapter 555: Who is the Monopoly?
Translator: _Min_Editor: Rundi
Inside the conference room, all eyes once again zoomed onto Jiang Chen. Jiang Chen sensed the discontent in Li Yanhong's eyes and immediately understood his intention.
Not only industry leaders and officials were inside the conference room, but the reporters with cameras were also all waiting for him to speak. If he backed down now, it would make Future Technology look inferior compared to Baidu.
As the President of Future Group, Jiang Chen would not allow such an event to occur. Although he didn't prepare a script about the Future of the Internet, after a short deliberation, he still stood up with a smile.
Because he didn't know the most appropriate introduction, Jiang Chen cleared his throat first and organized his thoughts in his head.
When they heard the two light coughs, the bosses of the tech companies he couldn't distinguish and even the two Ma bosses took out their notebooks.
Jiang Chen saw this scene as he facepalmed in his mind.
[Is this necessary? I just coughed.]
”Then, since Mr. Li invited me to talk, I will say a few things.”
”I will talk only about one point about the future of the Internet,” with a pause, Jiang Chen raised one finger, ”innovation.”
The sound of notes shuffling filled the conference room which made Jiang Chen proud but embarrassed at the same time. What made him proud was that the once unreachable tech giants were all listening to his opinion like students. What made him embarrassed was that the point he was going to deliver was made up on the spot.
”From P2P to O2O, Internet has penetrated every field of our lives. On the surface, it is the shift of societal norms, but ultimately, its birth originates from innovation. And what's the motive behind innovation?”
Jiang Chen scanned the tech giants around the table with a curvature appearing on his mouth when he saw how they were all concentrating on him. He then raised a second finger.
”It is technology.”
”The birth of any new technology meant the birth of a new market. Such as the technology of Future 1.0 where the increased hardware efficiency enabled the creation of apps with high hardware demand. For example, the virtual reality technology that will open the door to the virtual world. I'm not here to brag about Future Technology's technical advancement but simply illustrating a fact. It is undeniable that there are other factors important for a company. But what I want to say is what determined Future Technology and to an extend Future Group's current market position is neither marketing means nor business relationships, it is technology...”
Jiang Chen just wanted to say a few words, but since he started to talk, fifteen minutes passed in a blink of an eye. Jiang Chen didn't explain any difficult concepts but only focused on how Future Technology grew from a company with an initial capital of half a million to a money printing machine valued over hundreds of billions by Wall Street in such a short period of time.
Perhaps Jiang Chen's words inspired the audience, or perhaps humans naturally lacked immunity to success stories.
The audience was drawn to and intoxicated by the speech.
When his speech ended, the room was blown away by thunderous applause!
Jiang Chen sat down and smiled at Li Yanhong. However, what surprised Jiang Chen was he didn't see any disappoint on his face, but rather a grin that resembled his success?
The applauses gradually stopped, and Li Yanhong stood up again and looked at Jiang Chen with a smile.
”Remarkable speech. I personally agree with your perspective,” Boss Li paused, and then looked at the media around the conference room and continued to display his standard smile, ”Technology is the stairs to human advancement, and because of technology, our future can be better. As the President of an Internet company, I think the spirit of the Internet is sharing. Then Mr. Jiang Chen, are you willing to make open the virtual reality technology to Han enterprises with the belief of sharing and improving together, so your home country can become a major tech power in the world?”
The atmosphere in the conference room instantly quieted down.
Minister Pan Feng looked at Li Yanhong, surprised, but the tech leaders and reporters all looked at Jiang Chen, hopeful. Ma Huateng nonchalantly peered at Jiang Chen and Li Yanhong without saying a word. He didn't know the motive behind Baidu's move.
At the focus of thousands of eyes, Jiang Chen slowly said.
”With all respect due, Mr. Lee calls using the generosity of other people as sharing?”
Li Yanhong clearly took a moment to process as he didn't expect Jiang Chen would say this, but he soon reacted, ”Of course not, you must have misinterpreted what I meant. I'm talking about you registering your patent. Exchanging protection with making the technology available, and charging a patent fee to companies that use the technology. Therefore, it not only ensures the interest of your company, but it also benefits Han tech companies by allowing them to enter the virtual reality market fairly. What's stopping you?”