I’m handsome and rich
34 : Horrifying patent royalties

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At Apple's headquarters in Cuttino, Cook wasn't angry after the call was hung up. Unlike the tyrant, Cook could always remain calm in managing the company, so he always made the right choice.

This was also the reason why Apple, which had lost its creativity, could achieve new heights in revenue every year after the death of Steve jobs.

"Book me a flight to Shanghai tomorrow.”Cook looked at his assistant.

"Isn't he too important? Why don't we let Vice President Powell go?”The assistant frowned and said.

There was a reason for him to think so. Since taking over as CEO of Apple in 2011, Cook had visited China twice. The first time was received by the Minister of Commerce, and the second time was at the invitation of the Deputy Prime Minister.

However, this time, he was going to do it just to buy a patent. In his opinion, it was beneath his status as the CEO of Apple.

Cook shook his head and explained," Steve said before that full-screen phones will be the trend of future phones, and fingerprint recognition technology is the most important patent for full-screen phones. The mainstream under-screen fingerprint recognition technology is only optical and ultrasonic. Now that it's in his hands, we have to face it.”

"What about the shareholders 'meeting tomorrow?”the assistant asked.

"Postponed." Cook said decisively.

"Alright, I'll inform them." the assistant said.

………………

"Mr. Ku Ke, welcome to Beijing.”Ye Cheng shook hands with Tim Cook.

It was somewhat unexpected for Cook to come so soon. Ye Cheng originally thought that Cook would delay for a week or two. After all, as the CEO of Apple, he had a lot of things to deal with.

However, from this point, it could be seen that Apple was eager for the patent in its hands.

"I didn't expect Mr. Ye to be just a student.”Cook said.

To be honest, when he learned that Ye Cheng was only a third-year student, Ku Ke was very surprised. He didn't expect Ye Cheng to be so young.

"It doesn't matter if I'm a student or not. What's important is that I have the fingerprint recognition technology, right?”Ye Cheng laughed.

Ku Ke also smiled because Ye Cheng was right.

"Since Mr. Cook did not hesitate to come all the way here, it seems that he is determined to get the fingerprint recognition technology in my hand?”Ye Cheng didn't waste any time and went straight to the point.

"One billion USD. Apple is willing to pay one billion USD for this patent.”Cook directly quoted a sky-high price.

Hearing this price, even Ye Cheng couldn't help but sigh at Apple's wealth.

One billion USD!

In 2013, the richest man in China, Wang Wanzhou, was only worth more than 10 billion USD. Apple's investment was one-tenth of Wang Wanzhou's. It was indeed a big dog.

"Other than Apple, no other company can offer this price.”Cook said.

"No, no, no…Mr. Cook, I don't think so. You should be very clear that the full-screen is the trend of the future mobile phone, and the reason why the full-screen mobile phone is not popular is that the fingerprint recognition technology is the biggest problem. The patent in my hand is a very mature and perfect off-screen fingerprint recognition technology. It can completely bring forward the era of full-screen phones by two years.

Faced with such a patent, I believe that no matter if it's Samsung, Sony, or Huawei…they won't let it go.

Mr. Cook, I have every reason to believe it.

When the first full-screen phone appeared, it would definitely cause a sensation like the iPhone 4. Mr. Cook, you know very well that Apple defeated the number one giant in the mobile phone industry at that time with the iPhone. 4. I'm sure Mr. Cook doesn't want Apple to follow in the footsteps of Nobel.”Ye Cheng said.

Hearing Ye Cheng's words, Ku Ke fell silent.

Just like Ye Cheng said, this ultrasonic fingerprint recognition technology was a very mature technology. It could be used immediately, and it could completely bring forward the era of full-screen mobile phones by two years.

If this patent was obtained by other mobile phone giants, it would not be as Ye Cheng said, and it would not be able to defeat Apple like how Apple defeated Noah.

However, iPhone sales would definitely drop drastically, causing an unimaginable blow to Apple.

"Mr. Ye, what are your conditions?”Ku Ke stared at Ye Cheng and asked.

"It's very simple. Didn't I say it before? I provide the patent and collect the patent fee. For every iPhone sold, I collect one dollar.”Ye Cheng said.

"Impossible, Apple will never be controlled by others.”Cook said without thinking.

Even if he could agree, Apple's board of directors would never agree.

Moreover, Apple had suffered enough in this aspect. It was because of the patent that Apple had to pay a patent fee of 7.50 US dollars for every phone sold.

Ye Cheng wasn't surprised by Cook's refusal, but he felt a little pity that he couldn't lie on Apple and suck blood all the time.

"Then I'll sell the patent to you for 5 billion USD.”

Ye Cheng directly opened his mouth like a lion and didn't even think about it. Anyway, Ye Cheng didn't think that Ku Ke would agree.

Hearing Ye Cheng's number, even Ku Ke, who was used to being calm, couldn't remain calm.

"Impossible, this patent is not worth this price.”Cook said.

With 5 billion USD invested in research and development, Apple could even develop a new recognition technology, such as facial recognition.

Ye Cheng knew this very well.

"Then let's talk about patent authorization? How about 100 million dollars a year?" Ye Cheng said.

He couldn't keep scaring Ku Ke. If he was scared away and stopped buying, then Ye Cheng would have wasted so much time.

Cook thought for a moment and replied," The price is too high, but if it's an exclusive license, Apple can accept it."”

"No, no, no…If it was an exclusive license, it wouldn't be this price. 150 million a year.”Ye Cheng said.

Negotiating was actually similar to buying vegetables.

You bid and I bargain, so you must bid a high price at the beginning.

"No, 150,000,000 yuan a year is not much different from collecting patent fees. Apple can't accept it.”Cook refused.

" 145 million. Maybe I can contact a three-star…"

wrangling.

Ye Cheng and Ku Ke talked for nearly an hour and finally reached an agreement.

Exclusive authorization.

The patent authorization period was 8 years, and the patent authorization fee was 10 dollars.

Under the witness of the lawyers of both parties, Ye Cheng represented himself and Cook represented Apple to sign the patent license agreement.

"Pleasure working with you, Mr. Ye. I believe you must be the youngest billionaire in the country.”After the dust settled, Cook was obviously in a good mood.

"I hope to see Apple's full-screen phone soon.”Ye Cheng was also very happy with the 1 billion USD.

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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