Life at The Top novel Chapter 706

Click, click.

Camera lights flashed endlessly in the conference hall, and all the video cameras were aimed right at the stage. No one wanted to miss any details.

If the fight between them was considered normal competition between two companies, then Valentine’s words had instantly escalated the situation where it now involved the breaking of the law.

The man had used expletives.

The reporters present all flushed in excitement. The trip over suddenly felt really worth it.

There were too few instances of such situations in the country.

Therefore, the moment such instances occurred, they attracted everyone’s attention.

Conrad was very pleased as well. Valentine was becoming more useful to him with every moment. Valentine knew that there were things Conrad was in no position to say, so he jumped out and conveyed the message Conrad wanted to say but could not.

“You’re the one speaking nonsense!”

A loud shout came from beside Jasper, causing everyone present to look over in shock.

Especially Valentine. The man’s expression darkened after being accused and he turned to look at Chad.

“Who says the only way to manufacture goods is with patent rights?”

Chad scoffed and pulled out a piece of document from his briefcase that he brought with him. He opened it before everyone and spoke, “Not only has JW Electronics bought 50% ownership of the MP3 player patent rights from Sentel Corporation, but we’ve also signed an improvement patent agreement!

“So as long as we’ve succeeded in improving the MP3 player, we’re automatically granted the user rights to the patent.”

Chad looked at the silenced group of reporters proudly as he continued, “In addition, JW Electronics will hold complete ownership over our improved patent rights. That means that our Mellow has fully independent intellectual property rights!

“Unlike some companies who seem to be very proud of the fact that they have a license. So what if they do? They’re still working for the foreigners, aren’t they? A portion of the profit made from very first-generation Melody has to be distributed to Mr. Damond Golding. Can you still call that a domestically manufactured product?”

Chad’s words stunned the entire venue.

The reporters began to whisper among themselves. There were quite a few reporters who did not understand much about patents, licenses, and their pertaining laws, but they all came to an understanding after asking people who worked in those industries—Chad was speaking the truth!

No one had expected JW Electronics to have managed to sign an improvement patent agreement when they could not get a license. Not to mention that they had succeeded too!

This was what a domestic brand truly entailed.

The reporters looked at Jasper excitedly, and they all wanted to know how Jasper had done it.

The man remained calm.

“Ladies and gentlemen,” Jasper took the microphone and spoke softly, “I merely wish to show you with my actions that our Somerland is capable of manufacturing exceptional goods.”

Clap, clap, clap!

No one knew where it started, but all the reporters were fervently clapping at Jasper’s statement. The entire conference hall was instantly drowned out by the sound of applause.

At the same time, both Conrad and Valentine had a very sour look on their faces.

Especially Conrad, who had never expected such a move from Jasper.