Chapter 1199
The heavyweight representatives spoke one after the other.
Around the 75-minute mark, the speaker representing the wsio organisation took to the podium with a copy of the script in hand and opened it up to read verbatim: "In order to promote the development of the global semiconductor business and to protect it, eight principles and one additional principle have been repositioned for global semiconductor commercial entities to engage in commercial activities in the industry, based on the basic rules set out in the wsio initiative's memorandum of cooperation as a base core. They are set out below ......."
"I. The principle of non-discriminatory treatment, i.e.: a Party shall not apply differential treatment to other Parties when imposing certain restrictions or prohibitions. Neither Party shall grant special cooperation preferences to the other Party or make any distinction. This principle relates to the elimination of technical barriers in industry, restrictions on procurement quotas, export entry procedures, origin marking and other relevant areas of cooperation measures."
"Second, the principle of beneficial treatment. That is, any preferences granted by a wsio charter member company to any third party will automatically be granted to the respective charter member company, and this principle relates to all rules and procedures, quantitative restrictions, marketing, storage and transportation, intellectual property patent protection and other areas related to cross-regional cooperation in the industry."
"III. The principle of preferential treatment. That is, the parties guarantee each other to grant natural and legal persons of the other party the same treatment as local natural and legal persons in the home market, and this principle applies to all areas relating to rules and procedures, procurement, investment measures, patent protection of intellectual property rights, etc., related to cross-zonal cooperation in the industry."
"IV. The principle of transparency. Namely, rules and regulations validly implemented by the Contracting Parties concerning the sale, distribution, transport, insurance, storage, inspection, exhibition, processing, mixing or use of goods in the industry, together with decisions of judicial decisions generally invoked, as well as existing provisions affecting industry cooperation concluded between one Contracting Party and another, must be promptly published."
"The principle applies in the areas of trade in goods between the Members, trade in technology, investment measures relating to cooperation, patent protection of intellectual property rights, and procedures for the publication of legal norms and rules on cooperative investment."
"V. The principle of liberalisation of transactions, namely: to promote the free development of cooperative exchanges between the parties by limiting and removing all obstacles that prevent and hinder the development and conduct of cross-regional cooperation in the industry. This principle is achieved primarily through the removal of technical barriers in the industry."
"VI. The principle of reciprocity. That is: both parties grant each other preferential treatment in cooperation."
"VII. Principle of preferential treatment for markets in emerging market areas and least developed regions. That is: if enterprises in emerging market regions need a certain amount of time and material preparation in implementing the wsio agreement, they may enjoy transitional preferential treatment for a certain period of time."
"This is the differential and more preferential treatment given by the wsio agreement taking into account the level of economic development of emerging market regions and the competitiveness of local enterprises. It is an enumeration of the wsio principle of non-discriminatory treatment."
"VIII. The principle of fair and equal treatment of cooperation disputes. Namely, in the mediation of disputes, it needs to be premised on an agreement between the contracting members on the basis of reciprocity of status, with the mediator usually being the Director General of the wsio Council. Universal application."
"A complementary principle, the principle of market access. It refers to the extent to which a country's industrial companies allow goods, labour and capital from foreign industrial companies to participate in that market."
"This principle is based on the current agreement of the WTO that a contracting member company must be located in a country that is a member of the WTO in order to be eligible for admission to the WSIO as a charter member company."
By the time the speaker finished reading, the conference had continued to advance 92 minutes later.
The announcement of the memorandum of cooperation for the wsio initiative had made it clear that the international organisation was a smaller version of the "WTO", especially as the speaker had just read out a supplementary principle that illustrated the problem.
The first condition is that the company must be engaged in ict and integrated circuits, and the second condition is that the company must be located in a country that is a member of the WTO.
The hawk sauce every now and then yells to withdraw from the wto, now North American semiconductor companies contracted to join the wsio organization, in the future the hawk sauce will not continue to yell to withdraw from the group wto, yelling no one cares, we all know it is impossible.
The conference advanced to 124 minutes, the historic moment is finally coming.
Under the focus of the world's major media cameras, came to the scene of more than 3,000 global semiconductor companies at the helm of the industry have been contracted, these industry companies are in the global scope of the business of large or small.
Not joining and Texas Instruments; the two European seats went to Britain's arm and Germany's Infineon.
The seat of the stick was given to Samsung Group and the seat of the small book fell to Mitsubishi.
The members of the Executive Council are equivalent to directors of a company and are accountable to the Director General, who is usually the top leader of a civil society group, such as an association or organisation, as opposed to the position of chairman and CEO of a company.
As wsio is an international cross-regional industry organisation, the Director General is responsible for overseeing the administrative operations of wsio, publishing news for the main work and managing the business, while the direct unit under its jurisdiction is a branch of the wsio organisation with a secretary of around 3,000 people, the Secretary General.
The Secretariat is helmed by the Secretary of the WSIO Council, a position held by people from the Future Technology Group, with Li Linfei's secretary, Nini Wang, acting as Secretary of the WSIO Council. The "Secretary" is internally responsible for managing affairs, preparing for the Council's general meetings and reporting to the Director General, and externally responsible for the WSIO Council's window of information disclosure and managing the relations of the major sub-agencies of the Secretariat under its jurisdiction.
The "Secretary" is thus the designated liaison between the WSIO Charter member companies and the WSIO Council.
The Future Technology Group does not have a seat on the WSIO Executive Board, but the two most important bodies of WSIO are definitely the Director General and the Secretariat, one for the WSIO Council and one for the WSIO Charter member companies.
There is no doubt about Nini Wang's ability and talent, it would be a great understatement to let her stay by Li Linfei's side as a secretary, and other capable people do not have the energy to do more than that.
Chapter 1200
Nini Wang is the Secretary of the WSIO Council, the designated liaison between the WSIO Charter member companies and the WSIO Council.
This secretary is not another secretary, the wsio council secretary and a company's personal secretary, both are secretaries, but the status is worlds apart.
In other words, in the future, if there is any matter, including some industry competition, disputes or other matters that need to be mediated by the council, they will have to go through her hands before they can reach the director general, and when they see her, they have to nod and bow to her, respectfully.
The difference is too real, after all, Nini Wang is only in her twenties.
Although Li Linfei does not serve in the wsio organization, he undoubtedly plays a major decisive role in the system, he is at the helm of the future technology group, the director general and the secretariat of these two bodies are his people, in fact Li Linfei is equivalent to retired in the background to lead all this.
Although the WSIO global semiconductor industry organisation is called the "WTO" by the media, it is not the WTO after all, and the real power of speech is in the hands of the Chinese.
The wsio agreement contains a short, easily overlooked but central provision: the wsio standing council members have exclusive authority to interpret this agreement and the contracting parties' charter member companies.
The members of the Standing Council, although with the word "Standing", are in fact, to put it mildly, odd jobs, one step above the Charter Member Companies, but not above the Director General, and still on a par with the Secretariat.
As it happens, the briefer the message, the more important it is.
There is undoubtedly a world of difference between an organisational structure like the WSIO and the WTO. This is wsio's customised standard programme, you are welcome if you come, no one will force you if you don't.
It's just that if you're not in the wsio system, you won't be able to enjoy the industry's most advanced technology products. wsio is open to global peers, but is itself a solid barrier.
Although the foreign semiconductor companies are not happy with this ugly look on the Chinese, they are at least given a window of access to the most advanced technology in the industry and are contracted to the wsio agreement.
Even if the Chinese want to play rogue also have to follow the procedures, they are careful not to give the Chinese caught in line with the procedural rogue is the opportunity. What else can we do? The situation is stronger than the people.
At the end of the conference, it was time for the 3,000+ charter member companies to pay for the conference, and with such a large global industry and multi-participant organisation, there must be branches and offices on all continents.
In any case, the contribution to the operating expenses will be paid for first!
According to the scale of the major companies than the quota share, the most money is Intel, 7.28 million usd, followed by Samsung, 4.75 million usd, Hesse Semiconductor contributed 2.78 million usd ...... to pay the membership fee at least 120,000 usd.
Future Technology did not pay, but then, Fried, the nominal owner of General Motors, paid 1.95 million usd, the semiconductor is the future of technology, although there is little difference with General Motors, but the written representation to be expressed accurately, who pay is not to pay ah, are the future of technology.
Once a year, in a way, the major charter member companies want to be able to pay more, because the more dues paid means that your company is operating well, the industry market share and profit share is large.
The opposite is true if your business is not doing well and your market share is shrinking, you can pay less.
This is a very flexible payment mechanism and there is little disagreement on this issue, as it is a small amount of money for the industry's crossover giants.
With over 3000 Charter member companies raising a total of $4.288 billion, this is an absolutely massive amount of money and it is no exaggeration to say, MMP's, pay your dues you go ahead and fold, just call the list over when the time comes.
At 10 of the total funding, money is money.
Secondly wsio set up four major branches around the world, North America San Francisco has a large branch, Japan Tokyo has a large branch, China's commercial capital has a large branch, as well as the European branch in Munich, Germany.
In addition is the fragmented branch is more, the local branch funding budget in the local branch application, the four branches to the headquarters for budget.
Mmp, you two sultry, sultry, sultry people!
So many people on the scene everyone has their own thoughts, each idea, Li Linfei naturally do not know what they are thinking, also do not need to know, finally said: "wsio's smooth birth is certainly worth the excitement, but we must also admit that the future challenges are serious, old problems are still there, new problems will emerge, but in the end if we all respond properly. "
"In using the wsio organisation as a framework to build a relatively equal partnership, using increment to dilute the stock, it is entirely possible to have a win-win situation, this is my judgement, it is my effort and my expectation, at the same time I hope it is everyone's effort, everyone's expectation, thank you."
Li Linfei bowed to the audience and applauded as he left the podium, but the old Americans in the audience were suddenly very vague and sensitive and confused when they heard Li Linfei's final words "win-win".
In the past, you Chinese people also said the same thing, saying win-win, originally you said win-win is you Chinese people win twice, so win-win.
What do you mean now that you mention this word again?
January 17, 2022 is a day that should go down in history as the day when the WSIO was officially established.
This day marks the beginning of a new era for the global semiconductor industry.
This day began to announce the end of the "silicon era", to be followed by a new prologue is the "tin era".
......
The establishment of the WSIO organization has become an ironclad fact, and the news is like a hurricane sweeping the world, with the headlines of all the major media outlets in China covering the ground, all with uplifting headlines.
Not only did CCTV news carry a large and detailed report, but the capital also sent a congratulatory message, which can be said to be the strongest affirmation of Li Linfei and the Future Technology Group, and no one refuted it.