Rebirth of England

Chapter 629 Wells Fargo Bank

In fact, for new entrants into the mobile phone manufacturing industry, especially smartphones, mobile phone patents will be hindered by both new and old forces.

One is the patent barrier of traditional mobile phone manufacturers, and then there are patents on touch screen smartphones, mainly Apple and Android.

Of course, a mobile phone manufacturer does not need to own all the patents needed to manufacture mobile phones. Many mobile phone manufacturers often own some of their proprietary patents, and produce mobile phones by exchanging patents with other manufacturers.

You can even have no patents, as long as you can get relevant patent authorization, you can still produce, but you need to pay the patent owner, such as some traditional mobile phone patents that Apple initially used to manufacture iPhones, which came from authorization...

And companies like Nokia and Ericsson, after withdrawing from the mobile phone manufacturing field, can still make considerable profits through patent authorization.

But the problem is that if you are just an ordinary manufacturer and do not occupy much market share - to put it bluntly, just drink a mouthful of soup, then this method may not be a bad idea.

But if Honor Electronics stands out from the crowd, then if it does not have enough patents, other manufacturers will inevitably use this to "choke" it...

The most typical example is Apple and Google in the original time and space. In the beginning, because the iPhone and Google system phones posed a great threat to traditional mobile phone manufacturers, they suffered a lot of losses in patent lawsuits.

Then in July 2011, Apple and five other companies formed a group to spend $4.5 billion to purchase 6,000 patents from Nortel, and then through subsequent acquisitions and exchange authorizations with their smartphone patents, they finally made up the required patents.

In order to support manufacturers in the Android camp, Google in the original time and space also acquired Motorola for $12.5 billion in August 2011, mainly for the 17,000 authorized patents and 7,500 patent applications held by the company.

And now Android companies, because of Barron's early layout, have a reserve of patents for touch screen smartphones that is not weaker than Apple.

Although Honor Electronics has obtained relevant patent licenses from Philips, it can only guarantee the "security" of their own mobile phone production.

Android companies are different. They need to support the entire Android camp - otherwise, there are Nokia's Symbian system, Microsoft's Windows system, and Google's upcoming mobile phone operating system. Even if Android is now in an advantage in touch-screen smartphones, how can those mobile phone manufacturers not be subject to patent lawsuits for launching Android phones?

When it comes to life and death, those traditional mobile phone manufacturers will definitely use this trick.

Therefore, it is very necessary to prepare for a rainy day. Ivanta's idea is to increase Android's patent reserves by acquiring Motorola, which is currently in a slump, and provide authorization for manufacturers in the Android camp.

However, through Ivanta's introduction, Barron knows that Motorola is not like three years later, and it is difficult to maintain due to continuous losses. Therefore, in terms of quotation, the funds required to acquire Motorola are much higher than the $12.5 billion when Google acquired Motorola in his previous life.

After all, they only need those patents of Motorola. Barron is not interested in this brand and its product line, so this matter can continue to wait.

Moreover, the Android Alliance is mainly composed of traditional mobile phone manufacturers such as Samsung and Sony Ericsson. Even Honor Electronics, because it has Philips' patent license, does not have such an urgent need for mobile phone patents. Even if there are occasional patent lawsuits, it is more cost-effective to hire a team of lawyers to delay the lawsuit for two or three years than to spend more money on acquiring Motorola.

Therefore, he persuaded Ivanta to wait a little longer...

As for the mobile phone operating system that Google may launch recently...

Compared with the current Android companies, although Google is more well-known and stronger, it is not so easy to catch up in terms of mobile phone patents, even in the application of operating systems.

Why does Google have to launch a mobile phone operating system?

Or because after Apple and Honor Electronics launched touch-screen smartphones, coupled with the popularity of 3G networks, they saw the possibility that users' daily Internet habits will shift from PC to mobile.

But for a company like Google that focuses on search, on the PC side, they can become the user's network entrance, making users accustomed to logging in to Google.com to search for information and websites when surfing the Internet. However, on the mobile side, because users use different APPs to implement various applications and functions, and those APPs also regard their users and content as treasures, and will no longer open them to search engines like Google and Baidu, Google has lost its advantage as an Internet entrance.

Just like in the past life, when the BAT Big Three of China's Internet entered the mobile Internet era, Baidu fell behind first, and its market value is no longer at the same level as the other two, and is even inferior to latecomers such as ByteDance and Meituan, for this reason.

At that time, Google had the Android system as an entrance to the mobile Internet, but now it is completely different...

...

On October 20, in many cities in the United States, people holding banners took to the streets, their faces full of anger, and in the process, they kept shouting slogans and verbally attacking the then President of the United States, George W. Bush.

Because just a few days ago, the US government decided to use the funds of the treasury again to rescue the US financial system under the influence of the subprime mortgage crisis.

And many American people believe that this behavior of the US government is constantly using the money of ordinary taxpayers to help Wall Street capitalists out of trouble.

In Manhattan, New York, in a building where the marching crowd just passed, the two parties in suits and ties shook hands after signing an agreement.

"It's a pleasure to work with you, Mr. Stumpf."

"Welcome to join us, Mr. Hurst, this will be a wise decision."

On this day, the British Fortune Era (BFT) Fund reached an agreement with Wells Fargo to inject $20 billion into it - the BFT Fund will purchase 800 million new shares of Wells Fargo's private placement at a price of $25 per share.

After completing this capital injection, the shares of Wells Fargo held by the BFT Fund will account for 16.7% of its total share capital.

And the BFT Fund will send a director representative to the board of directors of Wells Fargo and have a vote on the board of directors.

And Wells Fargo's new share issuance this time to obtain funds is to complete the acquisition of Wachovia. After this acquisition, Wells Fargo will become one of the four largest banks in the United States.

The other three of the four largest banks are JPMorgan Chase, Citibank and Bank of America.

Now Wells Fargo's market value ranks last among the four, but it will become the leader in a few years.

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