Starting from a Fake University
Chapter 737 - 426: Panic Ensues, Foreign Tech Company is in a Hurry (Seeking Subscription)_2

Chapter 737: Chapter 426: Panic Ensues, Foreign Tech Company is in a Hurry (Seeking Subscription)_2

To establish a complete graphene production system, the required funds might not be something that could be covered by just a few billion.

Perhaps it could take tens of billions or even more. Ding Yue couldn’t possibly have that amount of money. And so, for over half a month, Ding Yue had been waiting for news from above.

He would need policy support from above and approval for bank loans before he could work at full speed.

Now that the Xia Country Academy of Sciences and the National Patent Office have announced a significant breakthrough in the field of graphene by Mist City Arts and Science University, it’s possible that tech companies abroad studying graphene materials might also start to speed up their research.

...

The distant United States.

In Silicon Valley, California, there are countless tech companies. Quite a few of them are involved in fields such as graphene, new energy, and battery technology.

The largest one is a group company called "Ike Technology".

This company seems little known to the general public on a global scale, but anyone with a bit of specialised knowledge would know that Ike Technology Group has very close collaborations with many American companies within mobile devices, new energy vehicles, and other sectors in terms of battery technology.

Among them is Fruit Technology, naturally, as a leader in the American mobile devices domain.

Also, Tesla Motors, an electric vehicle and energy company in the U.S.

Their collaborations with Ike Technology are tight. When Xia Country announced a significant breakthrough in domestic graphene research, these foreign tech giants were suddenly on edge.

At this moment in the office of the Chairman of Ike Technology Group, Chairman Der • Ax was carrying out his work as usual, just having finished a call with the boss of a European electric energy vehicle company.

Bang!

The office door was unexpectedly flung open without warning.

"Hey, Christopher, you scared me." Seeing that it was his good friend Christopher Brown who had suddenly barged in, Der • Ax showed no anger.

That’s because it was Der • Ax and Christopher Brown who had built the empire of Ike Technology together.

"Der, you don’t know yet?"

Seeing that Der • Ax seemed as calm as usual, Christopher stepped forward, furrowed his brows, and asked.

"Know what? Our stock price has risen again?" Der • Ax shrugged, took out a Cuban cigar from his office desk drawer, the cigar cutter, and cut open the cigar.

"Oh my god, Der, such a big thing, and you still don’t know?"

Christopher shook his head helplessly, then said very seriously, "Der, in the east, Xia Country claims they’ve made a significant breakthrough in graphene. From what I know, it should be a graphene battery!"

"A graphene battery?"

Upon hearing this, Der • Ax immediately straightened up. But moments later, he shook his head slightly, saying relaxedly, "A graphene battery isn’t unusual, is it? Many tech companies and research institutions worldwide can develop graphene batteries using graphene."

Der • Ax’s initial excitement was because the graphene battery is indeed a crucial technology, and the future direction of research and development for Ike Technology Group also involves graphene batteries, nuclear batteries, and other fields.

But after thinking carefully, Der • Ax felt there was something wrong.

It doesn’t extraordinary to develop a graphene battery. Many countries, many tech companies, many research institutions worldwide are capable of that.

The graphene battery is not scary. The scary part is mass production of graphene, the material of the future; it’s challenging.

No country worldwide can mass-produce high-quality graphene efficiently. This is also the reason why the graphene battery has not been promoted.

"Christopher, these pieces of news affect our stocks every year. I’m used to it now. A few years ago, we developed a graphene battery with a hundred or even two hundred times better performance than ordinary batteries. But so what? The cost is just too high; we simply can’t promote it."

Der • Ax said, shaking his head.

A few years ago, Ike Technology Group also tried to break through with graphene batteries, but then they calculated that the cost was too high.

A mobile device using a graphene battery would cost several thousands of dollars extra, so wouldn’t the eventual selling price be even higher?

How could consumers accept such a product with an extremely high cost and price?

Not only mobile devices, but also electric vehicles, they tried using graphene batteries and the cost was tens of thousands of dollars higher!

So up to now, Ike Technology Group has not launched extensive cooperation on graphene batteries with Fruit Technology Company and Tesla Motors.

"Der, I initially thought the same as you, but this time it might be different."

Christopher had a sense of crisis.

"Oh? What could be different?" Der · Ax frowned, asking in doubt.

Christopher took a deep breath and then said with great concern: "This time, Xia Country in the East may have overcome the trouble in the production of graphene."

Christopher heard from various channels that a scientific research team from a private university in Xia Country had developed a technology for mass production of graphene.

Xia Country’s official statement confirmed a significant breakthrough in the graphene field, but did not specify what it was.

"Christopher, mass production of graphene, that’s simply impossible. Is the technological level of Xia Country that high? Perhaps it’s just mass production of some low-quality graphene, this is just an exaggerated news."

Der · Ax simply didn’t believe it.

In his mind, Xia Country’s level of technology still lagged behind America’s.

High efficiency, high quality mass production of graphene - even American and European tech companies couldn’t achieve it, how could tiny Xia Country possibly do so?

Unquestionably, it must be a distraction from Xia Country in the East.

"Der, we cannot be careless." Christopher said very seriously: "Over these past years, everyone has clearly seen the rapid development of Xia Country in the East, and although in certain technologies we, America, can lead comprehensively, that does not mean that we lead in all scientific research fields."

Christopher’s serious words made Der · Ax somewhat alert.

After taking a puff of his cigar, he thought for a moment and agreed that there was some truth to Christopher’s words.

In recent years, Xia Country in the East has developed rapidly, making high-speed progress in tech, economics, and other fields. There are many scientific research fields where Xia Country maintains advanced levels compared to the rest of the world.

"A few years ago we put the development project of graphene batteries on hold, are we supposed to pick it up again now?"

Der · Ax mumbled, "That would require a huge investment."

Just after Der · Ax finished speaking, his phone rang.

"Christopher, it’s Steve Curry calling." After checking the caller ID, Der · Ax said to Christopher beside him.

Steve Curry was the famous chairman of a tech company in America, and this tech company’s phones, laptops, and other mobile devices had a wide market globally.

Yes, it’s Fruit Technology Company!

"Curry? I think it’s probably related to the matter I just talked to you about, go ahead and answer, Der." Christopher shrugged, saying.

After hesitation for two seconds, Der · Ax answered Steve Curry’s call: "Hey, Steve."

"Der, I’d think you probably know about the research Xia Country is doing in the graphene field, right?" A deep voice came through the phone.

"Yes indeed, I just found out. Do you think this could pose a threat to us, Steve?"

"What do you think?"