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American Fortune Life - Chapter 1470

Published at 7th of November 2021 08:04:57 AM


Chapter 1470: 1470

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On the morning of December 27.

"The biggest acquisition in the history of the global semiconductor industry!"

"In order to get the support of major shareholders, Andy Smith promised to return overseas funds and pay cash to shareholders immediately..."

"A number of Qualcomm's customers expressed their optimism and welcome to Andy Smith's acquisition of Qualcomm..."

"Qualcomm's share price continues to rise due to the acquisition..."

"Buy the monster and then sell!"

"According to reliable sources, yesterday afternoon, Paul Jacobs called Andy Smith to defend Qualcomm's shareholder value. He thought Andy Smith's offer was too low compared with the prospect of Qualcomm's operation and hoped to promise to provide a" breakup fee "as a guarantee.

However, Andy Smith seems to disagree with Paul Jacobs's proposal. Although he agrees that the purchase price can be increased appropriately, he refuses the proposal to guarantee the breakup fee directly and takes a tough attitude

In the CEO's office of Apple's headquarters in Cupertino, California, Steve Jobs, who is getting thinner and thinner, looks at a newspaper report with deep and gloomy eyes.

"Dong Dong --"

jobs looked up and saw cook pushing the door. He couldn't help but stretch his brow and ask, "is there any news?"

"Well, in the early morning, Qualcomm formally sent a letter to all shareholders, hoping that when the company's shareholders held the Qualcomm annual meeting on January 6, 2009, they would reject Andy Smith's acquisition request, otherwise Andy Smith would completely replace Qualcomm's board of Directors..."

Cook said, handing jobs a document in his hand, and then sitting in the chair opposite him, with the same worried look.

Jobs took over the document, frowned and quickly scanned it. In this letter to all shareholders, Qualcomm criticized Andy Smith's acquisition, saying that there was serious malice in its acquisition.

The letter also said Andy Smith's "immediate payment of cash to shareholders" statement was "totally unrealistic.". Andy Smith lacks the necessary management experience in technology companies...

In the letter, Qualcomm also refuted Andy Smith's comments. Andy claims that Qualcomm's customers want to acquire Qualcomm on their own. "No Qualcomm customer has publicly supported Andy Smith's offer," Qualcomm said

"We believe that supporting Andy Smith's hostile acquisition is meaningless to Qualcomm shareholders," Qualcomm concluded. In addition, Qualcomm may face the risk of an incalculable loss of value if the transaction is not approved. "

"Well, Qualcomm's board of directors made a stupid decision! Paul Jacobs... To be sacrificed! "

After reading this letter, with a frown on his brow and a look of helplessness, jobs put aside the document in his hand, took off his glasses, held his nose gently and sighed.

"Here... Not at all? " Cook listened to Joe's conclusion and asked in a confused and incomprehensible way.

Jobs took a sharp look at cook, and he felt helpless again. It seems that the successor he chose was naive. For those investors who would go crazy if they saw blood, if they were naive, there would be no residue left. If they were not the founders, they would be kicked out of Apple by these bastard investors, He would not have had such a profound understanding.

"Remember, investors are never willing to see the board of directors set up an obstacle to the free flow of capital!

Bear in mind that the board of directors needs to uphold the principle of positive corporate governance, and every decision it makes needs to be in the best interests of the shareholders of the company.

You know, whether it's apple or Qualcomm, shareholders are the real drivers.

Usually these people are harmless, but when the decision-making damages the interests of the vast majority of shareholders, they will show their ferocious face and rush to tear up the person who brings them losses.

What's more, the descendants of Qualcomm's founders can no longer control the future of the company.

It seems that the conversation between Paul Jacob and Andy Smith yesterday is not harmonious, or, if I'm right, Andy Smith must have done something to provoke each other intentionally and said some arrogant words. You know, it's hard to understand the shamelessness and difficulty of this little guy who hasn't dealt with him. "

Cook's face slightly changed. He thought of Andy Smith's young and handsome face, always with a light smile and a harmless look. His eyebrows were frowned. You know, he has been digging Apple several times in a row, and has been constrained by the deep hole dug up so far. The app store has been suppressed by him. Cook fully believed that Andy Smith, a bastard, would definitely dig a hole for Paul Jacobs 。

"I even believe that he has persuaded some of Qualcomm's major shareholders to wait for Qualcomm's board of directors to make a mistake. Take a look, this is Christmas Eve. Some of the guests on his Christmas party in Houston, including the heads of Blackstone and pioneer group, are present. At the same time, they are all Qualcomm's major shareholders, which is no coincidence."

Cook took over the list handed by Joe with a gloomy face, glanced over it, and said helplessly: "it seems that we will have a lot of trouble in our cooperation with Qualcomm in the future...""To be honest, I always thought that he would choose to enter the smartphone market, whether in cooperation with Google or in HTC, I thought that he was setting up his own mobile brand layout for the future.

Now it seems that my guess is totally wrong. He doesn't plan to make mobile phones at all, but he is more ambitious. He wants to set the standards of his mobile phone manufacturing industry and draw blood directly from the mobile phone industry.

Since 2007, snapdragon processor has become a direct guarantee of many mobile phone performance.

The most terrible thing about Qualcomm is its achievements in mobile network technology: it has created the first commercial CDMA 2G technology. In the current 3G era, they are about to develop successful CDMA2000, EV-DO and other technologies.

In other words, Qualcomm has been playing an important role in the evolution of 2G mobile communication technology from the 1990s to the present.

More importantly, there are many inherited contents in these mobile communication technologies, and Qualcomm holds these key patents, and constantly researches new technologies based on these existing patents to form new patents.

This pile of constantly updated patents has actually become a "dam" after dam, bringing huge revenue to Qualcomm.

The impact of HTC's Android system mobile phone on our crazy mobile phone is obvious, and our mobile phone, whether it's chip or baseband, comes to Qualcomm

After listening to boss Joe, it's not only boss Joe who has a headache, but cook also has a wry smile. It's like an original couple. After a divorce, suddenly one day, the ex-wife becomes the top boss of her ex husband, and she's going to die!

They can choose chips from other manufacturers, whether Intel or four-star, but as the leader of the industry, Qualcomm's products do have a huge leading advantage. Unless Apple wants to let the brand of the crazy mobile phone be smashed and occupied by other brands, otherwise, apple can't bypass Qualcomm in any way.

In particular, no one can avoid being held down by Qualcomm's patented dam of wireless communication to bleed and support its development.

It can be imagined that when Andy Smith, the "business genius" really takes charge of Qualcomm, the whole semiconductor technology industry and smartphone market will be shrouded in his terror shadow.

Whether it's rivals, friends or ordinary people, they have to admit that Andy Smith's ability and business talent, including jobs and cook, seem to see Andy Smith's expansion and annexation of the global semiconductor industry like a greedy monster with Qualcomm as the main body Influence, so as to become the prospect of world hegemony.

"Maybe we should do something to stop him!" Cook thought of the terrible prospect of the future, but his eyes were cold and his face was solemn.

"Knight in white?" Jobs also mumbled thoughtfully, then narrowed his eyes and said: "we can give Qualcomm some support in public opinion and money, but have you ever thought about how much support we can give Qualcomm? And what if we can't prevent him from joining Qualcomm?

Do you think he will retaliate against us? "

Cook's face was ugly. He opened his mouth and finally shook his head and smiled bitterly. According to his understanding of Andy Smith, this greedy and cunning bastard will definitely settle accounts after autumn. Even in normal business cooperation, he should be careful to deal with him and avoid being trapped again. What's more, he has already become the cooperation of his rivals.

If he stands up to block his acquisition of Qualcomm this time, it's easy to say that he has succeeded in everything, but if he fails, he will never die. Cook doesn't think Andy Smith, who will be vindicated, will be so generous.

"Ah, what a trouble!" Jobs also had some frustration. However, he would not really do nothing. If he could stop it, he would stop it. After all, he had a great defense against Andy Smith becoming a long-term partner. Even if the other side held a large amount of apple stock, but the bastard had been in Apple company several times, and jobs wanted to revenge.




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