The rejuvenation of a great nation: from educated youth to national treasure scientist

Chapter 361 King Bomb Level Action [Request Full Order]

The action that Jobs was talking about was actually to immediately come up with the full-touch smartphone iPhone!

Although the iPhone cannot be mass-produced yet, it can be displayed and released first.

This new technology will attract the attention of global investors.

Maybe it will also boost sluggish consumption.

Wozniak said: "If we can solve the problem of stable supply of core key components, then we can immediately mass produce and put it on the market!"

"In fact, if we can continue to maintain a good cooperative relationship with Pangu Technology, this won't be a problem."

Jobs shook his head and frowned and said, "No!"

"Pangu Technology is completely unusable."

"If we continue to cooperate with them, we will be choked by them from time to time."

“This is something we cannot afford.”

“We have to be independent!”

"Under the current circumstances, it would be better for us to open our factory in China."

Jobs wanted to establish a complete ICT production chain in Giant Eagle.

However, this is quite difficult.

Because they do not have the ability to design, develop and produce advanced chips.

Today, Giant Eagle does have some chip production capacity.

They also have their own CPU etc.

However, they lack advanced production equipment and technology for high-end chips.

At present, these equipment technologies are all in Julong.

Moreover, Julong has completely banned the export of these equipment and technologies.

In other words: foreign countries simply do not have the production capacity for high-end chips.

Their most advanced manufacturing process barely reaches the nanometer level.

And Julong's chip technology has already broken through to within 20 nanometers!
This gap is extremely large!

So, when Jobs said he wanted to build his own complete ICT production chain, Wozniak was not optimistic.

"Mr. Jobs, I must remind you that we do not have the technology to support us in building a complete production chain."

"We have been researching chip production technology, but progress has been very slow."

"This is also the main reason why we must maintain a good relationship with the dragon."

Jobs glared and said, "We are now being strangled by them."

“They put very tough conditions on us to buy their products with their currency. But it was clear that we couldn’t do that.”

“How can we cater to them?”

Jobs was disappointed.

He also felt a little guilty.

In recent years, he has been working hard to promote independent research and development of chips and industrial chains.

However, capital is always short-sighted.

Apple's shareholders don't want to invest huge amounts of money in years of research.

All these years of investing huge amounts of money in scientific research have not brought them any benefits.

Apple's self-developed products have been proven to be unpopular in the market.

Therefore, Jobs could not push Apple's research and development investment according to his own ideas and plans as he wished.

After all, although he founded Apple, most of the company's shares have been taken away by others.

Wozniak said: "We are a public company, so we have to give shareholders a good financial report."

"They invest in our company to make a lot of money, not to watch us lose money."

"So, we can only choose to hold our noses and endure Pangu's excessive demands."

"In fact, if you think about it carefully, they want minerals, energy, and agricultural products, and we have all of them!"

"They don't accept US dollars, so we can purchase these commodities ourselves."

Jobs looked at Wozniak and sighed.

He knew that he was an idealist.

But Wozniak's idea is realistic.

The reality today is: Apple cannot do without Pangu.

All of Apple’s core components and application software now use Pangu Technology.

If Apple wants to use its own products in terms of software and hardware, it must first develop the most core CPU and then have the production capacity itself.

According to the current research progress, it is optimistically estimated that it will take at least ten years to achieve this goal.

During this decade, Apple had to carefully maintain its relationship with Pangu Technology.

"Ugh!"

Jobs sighed.

"We may really have to continue to bow to Pangu Technology."

"But I think their operation this time is not good!"

"This will surely be a heavy blow to the Giant Eagle!"

"This will accelerate the withdrawal of the U.S. dollar from the international currency stage."

“There’s nothing we can do about it,” Wozniak said.

"I think it's better to let the Eagle King worry about this matter!"

"What we need to do now is to carefully maintain our cooperation with Pangu! In addition, we need to hurry up and make a decision: whether to look for suppliers and OEM companies for our iPhone phones in Julong!"

"After all, we are not yet able to mass-produce the smartphone processors and several other important components we have developed."

Today, Julong has built the world's largest and most comprehensive industrial chain.

Especially in the ICT field, it covers the entire industry chain.

On the Julong side, Pangu Technology controls almost all the auxiliary products of chip research and development and production tools and equipment.

However, chip production capacity is relatively dispersed.

There are chip companies with different divisions of labor all over the country.

Apple can completely look for partners other than Pangu.

Jobs said, "Then let's do as you said and look for a foundry company in Julong first."

"However, this can only be a temporary arrangement!"

"In the future, we still have to build our own industrial chain."

Wozniak snapped his fingers and said, "Okay, let's do it."

"Just to remind you, Mr. Jobs, we must start looking for ways to get RMB right now."

The organization purchases energy and minerals in the Giant Eagle and then sells them to the Dragon in exchange for RMB. This process is a bit too long.

The most urgent task is to find a way to exchange it for RMB, which is more appropriate.

Jobs was a little worried: What can I use to exchange for RMB?
Can I still exchange US dollars for RMB now?

He now doubts that the price of the US dollar will collapse quickly.

Therefore, we must act now and look around the world for opportunities to exchange RMB.

……

The news that Pangu Technology stopped accepting US dollars for its exports spread quite quickly.

In just a short time, the news spread on the Internet.

Just over an hour after Apple received the notification, this explosive news appeared on Weibo.

The news was released by Green, a reporter from the New York Times who specialized in interviewing the Eagle Palace.

Green posted a recording of Qiu Bojun's conversation with Jobs on his Weibo account, and added the following blog post:
"Breaking news! Pangu Technology, the giant dragon enterprise, officially notifies all of Giant Eagle's partners that from now on, they will stop using US dollars in transactions!"

"In the future, they will only accept RMB and commodities such as energy, minerals and agricultural products."

This news exploded like a bombshell, and the shockwave spread across the entire Internet in less than ten minutes.

"God! This is terrible! Has our US dollar been completely abandoned?"

"Why abandon the US dollar? This is a very bad idea!"

"It's over. Life is already so difficult, and it will only get harder in the future."

"The U.S. dollar is going to depreciate significantly, and the market will react quickly."

"This is horrible. I protest against this irresponsible practice."

The above are the lamentations from Giant Eagle netizens.

They also know that if Pangu Technology abandons the US dollar, it will cause huge damage to the US dollar.

If the US dollar is abandoned and gradually neglected around the world, and if the Giant Eagle can no longer print money for shopping, then it is estimated that prices within the Giant Eagle will continue to soar sharply.

For the middle and lower class Giant Eagle people, life will only get more difficult.

In Giant Eagle, there is actually only one group whose lives are becoming increasingly difficult, and that is their middle class!

The wealthy class in Giant Eagle can completely evade taxes through legal tax avoidance.

The poor of Giant Eagle lost everything and they won't pay taxes.

Not only do these poor people at the bottom of society not pay taxes, they also receive welfare.

Only the group of people in the middle have the hardest life.

The heavy tax burden falls almost entirely on these people.

Each of these so-called middle-class people has to deal with a pile of bills and taxes every month.

About half of the money they earn goes directly or indirectly to taxes.

They also have to deal with endless bills such as property taxes, medical insurance, car insurance, mortgages, car loans, children's high tuition and living expenses, etc. Even electricity and water bills can be very high!
The money they received had already been used for different purposes before they even got it.

So much so that quite a number of them have to eat less in order to save money, and some even only eat one meal a day.

The exploitation of the people by capital has been taken to the extreme in Giant Eagle.

This is also the main reason why people always say that the size of the middle class in Giant Eagle is shrinking and the general public reflects that their living standards are declining year by year.

This great news was soon passed to the Eagle King.

When the Eagle King saw the news, he was shocked and angry: "Fuck! How could they do this?"

"No matter how powerful Pangu is, it's just a company, right?"

“Why do they have such a big influence?”

Security advisor Hydson was right next to Eagle King.

He said: "Your Majesty, our dollar is already in danger."

"Pangu Technology's refusal to accept US dollars may very well become a new trigger for our currency crisis."

The Eagle King said, "How can we solve this problem?"

Hyderson said with a wry smile: "Unless we have a major breakthrough that boosts the world's confidence in us!"

"Today, the world is becoming less and less optimistic about us."

The Eagle King stood up anxiously and said, "What other epoch-making breakthroughs can we make?"

Hyderson shook his head in confusion and said, "I don't know."

"But if we had a Star Destroyer now, the world would respect us again!"

“This world is quite realistic.”

The Eagle King shook his head and said, "If we go to the dragon to negotiate, hoping that they will continue to support the US dollar as the world currency, what bargaining chips do we have?"

“We don’t have any leverage,” Hudson said.

"The other party asked Pangu Technology to do this. It was obvious that they had planned it for a long time."

"Pangu Technology is an iconic enterprise in the country! It is also currently ranked first among the world's top 500 companies!"

“It’s not listed yet, but its annual revenue has reached 5 trillion RMB!”

“It has great popularity all over the world!”

"It provides chips and other high-tech electronic products to many of our companies in Giant Eagle."

"Although it cannot sell complete products here, it still makes hundreds of billions of dollars from us every year!"

The Eagle King said angrily: "Why can they be so arrogant even though they earn our money?!"

"Your Majesty, that's because the products we buy from it are all necessary for us," said Hyderson.

"If they don't sell to us, we won't be able to produce our own computer products!"

“So, even though we are the buyer, we are still subject to them!”

The Eagle King said, "Do we have any products that they must import?"

Hyderson thought for a moment and said, "For now, no."

“We used to have quite a few products they needed, but now Julong develops and produces most of them in-house.”

The Eagle King frowned and said, "This is really a terrible thing!"

"We must call the relevant companies to discuss this matter!"

As a result, presidents, chairmen and others from companies like IBM and Apple were invited to the Eagle Palace.

Of course, Giant Eagle’s own chip companies such as Intel, AMD, etc. were also invited.

When everyone was present, the Eagle King got straight to the point and said, "Have you all received the notice from Pangu Technology to stop trading with US dollars?"

Everyone responded with “Got it”.

The Eagle King asked seriously, "So, how are you going to deal with this?"

IBM President Nielsen said: "Your Majesty, we don't have any good solution."

“We can only accept their request.”

"At the moment, we are looking everywhere to exchange RMB."

The Eagle King glanced at Apple's Steve Jobs and said, "Mr. Steve Jobs, what about you? How did you solve this problem?"

Jobs sighed and said, "We chose the same approach as IBM."

"Your Majesty, it is difficult for us to find enough RMB."

"Right now, the exchange rate of RMB has continued to soar."

"The black market exchange rate of RMB to USD is now around 1:3.8."

"Our currency is collapsing rapidly."

"If we allow this situation to continue, I'm afraid our economy will be in danger."

After hearing this, the Eagle King was silent for a long time.

In fact, there is no such thing as foreign exchange on the Giant Eagle side.

After all, for many years, the US dollar has been an international currency and is considered the most pliable currency.

As the issuer of the US dollar, the Big Eagle certainly does not need any other currency.

"Your Majesty, can you help me?"

Jobs continued to ask.

The Eagle King said, "We will negotiate with the dragon!"

“We are trying to find a solution to this problem!”

"However, there is one thing going on now: we must have bargaining chips to negotiate with the dragon!"

"Everyone, do you have any suggestions?"

The business leaders who were summoned were all silent.

The Eagle King waited for a while, but still no one offered any advice.

The Eagle King was helpless.

He asked again, "Everyone, have you made any big-name technological breakthroughs recently?"

"If you have any, you can tell us about it. Maybe you can get support from the government."

The Eagle King wants to find one or two technological breakthroughs that can boost confidence.

(End of this chapter)