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American Fortune Life - Chapter 1606

Published at 7th of November 2021 07:59:27 AM


Chapter 1606: 1606

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As the absolute king of mobile phone chip field, Qualcomm has been in trouble recently.

The decline in financial statements, layoffs and other events, as well as the battle with Andy Smith to maliciously acquire you and me, make Qualcomm the target of the media and the industry.

The ruthlessness of capital has been fully reflected after the release of Qualcomm financial statements. Regardless of the unpredictable future, Qualcomm's board of directors is now on the abandoned road.

No, maybe they have been abandoned!

"Hello, Mr. Smith..."

"Good morning, Mr. Smith."

"Hello, Mr. Smith. I'm..."

。。。。。。

When Andy Smith, dressed in a slim blue dark stripe suit and a small, tall and capable assistant, is surrounded by a group of subordinates dressed up as Wall Street elites and steps into the large meeting room, which has already been attended.

Originally sitting in all kinds of seats, chatting people stood up one after another, with a smile similar to pleasing one by one, and shook hands with the young super rich, asking for familiarity.

The members of the board of directors sitting at the long table in the conference room stood in place one by one with ugly faces, looked at the smiling faces of major shareholders and shareholders' representatives, looked at each other and saw helplessness and bitterness in the eyes of each other.

The real contest hasn't started yet. They seem to have lost, losing the support of shareholders. Today's board election, they will be defeated!

They can only hope to find their own shareholders to support them and keep their board seats. After all, Andy Smith only nominated seven people, and there are four seats left......

It seems that all of them have thought of something. The current members of Qualcomm's board of directors look at each other with more precautions and vigilance.

Steve morenkov, who has just replaced Qualcomm as CEO, looks at everything and sighs in his heart.

He knows that if even the company's directors can't unite and defend each other, they can't use all their strength in the confrontation with Andy Smith. With their current number of shareholders' support, they won't be able to fight at all against the seven directors Andy Smith will nominate!

Andy Smith will easily control the majority of seats on the board of directors. When he easily reaches a "board cleaning" approach, the internal resistance of Qualcomm will be minimized. When all members of the board of directors become the spokesperson of his interests, Andy Smith can use the internal advantages to easily facilitate the completion of the acquisition of Qualcomm.

Truly control the fate of Qualcomm. If he wants to, he can even complete the privatization and turn Qualcomm into Andy Smith's private assets!

Steve morenkov looked at a gentle smile, calm, not arrogant edge, but it will still let people clearly feel that the outstanding family's children are different. For a moment, morenkov was like seeing Andy Smith as if prince was meeting minister!

"Hello, Mr. morenkov. Nice to meet you."

"Hello, Mr. Smith. Welcome to the Qualcomm family."

Steve morenkov smiled and shook hands with Andy. He said that as a technical CEO, he didn't worry about whether he would keep his job or not. The most valuable thing for him is not the CEO, but his brain. He should be involved. Instead, he might be on the board of directors. Andy Smith, the chairman of the board, should understand the value of Steve morenkov !

"Ha ha, thank you for your welcome. I believe it will be a good day!" Andy looks at him brightly, smiles, says nothing more, and continues to shake hands with others.

Finally, after some awkward greetings with the current board members of Qualcomm, Andy came to the conference table and watched his name written on the nameplate. Andy smiled and sat down. As for the little assistant and other people, they sat in the back seat behind Andy and watched the changes of the faces in the super large conference room.

When everyone is seated, Jeffrey Henderson, the newly appointed independent Li, non-executive chairman, on behalf of the board of directors, begins to report the work results and financial statements of Qualcomm in the past year to all shareholders present.

“。。。 The board of directors will continue to uphold the principle of positive corporate governance. We will strive to create the maximum value for shareholders. We will consider all options that can achieve this goal. Qualcomm is in a better position than any other enterprise. We believe that we can create more additional value for shareholders. "

"Pa pa pa..."

When Jeffrey Henderson finished his report, there was a very awkward and rare clap in the whole conference room, and each shareholder looked at Jeffery with sarcasm.

Share price cut back, business failure, net profit halved, revenue fell, company layoffs...

How dare you say that you can create more extra value for shareholders?

Well, although it's all justifiable, it's inevitable that Apple's crazy birth has changed the current situation of the mobile phone industry, and many manufacturers are turning around and their performance is affected.However, these shareholders don't need to open up for the board of directors and management. If they can't, they can go down and let go!

"Pa Pa Pa!"

When the members of the board of directors were embarrassed and silent, another clear applause rang out. Everyone looked at the direction of the applause, and saw Andy Smith with a smile applauding. After a little pause, all the shareholders followed.

For a while, the applause in the meeting room was thunderous, but the members of the board of directors were not happy because of this, but their faces changed dramatically.

The applause subsided.

Jeffrey Henderson, with a dignified face, just wanted to talk about the next issue, when he heard a large shareholder suddenly say: "the company's plan for next year, let's put it aside for the time being. I propose that the nomination of new board members be carried out directly!"

"I agree!"

"I have no problem!"

"Yes"

。。。。。。

As more and more shareholders agreed, Jeffrey Henderson's face turned ugly. Other board members were shocked, some were sweating, some were unbelievable, some were panicking, and some were dead.

"Cough..."

The shareholder representative of Blackstone Group coughed twice and temporarily interrupted the statement of shareholders. When people looked at him, they smiled and said: "in fact, before Electing new directors, we should welcome the largest individual shareholder, Mr. Andy Smith, to join us!"

"Pa pa pa pa pa..."

As soon as his voice fell, he took the lead in clapping, and everyone began to applaud with a smile on their faces.

Andy stood up gracefully with a warm smile and nodded in every direction as he looked around.

"Thank you, thank you, thank you for your welcome."

Andy's smiling hands raised and pressed down slightly, thanking everyone for their welcome and letting them stop clapping.

When the applause subsided, Andy looked around again for a week. This time, he glanced at 11 current directors and all senior executives of Qualcomm. His indifferent expression and sharp eyes made people unable to look at him.

"Thank you again for your welcome. Please allow me to introduce myself here. I'm Andy Smith!"

Andy's eyes are very bright. He looks around, smiles and waits in the slight consternation of the crowd. Then all the people react, laughing and clapping. At the same time, all the people here feel the confidence and arrogance of the young man.

"Qualcomm has developed from a small technology company to a leader in the mobile chip industry instead of Intel, which is inseparable from your efforts. As a shareholder, thank you very much for your excellent work!"

Andy smiles at the area where the company's executives are, applauds first, and makes the meeting room applaud again.

But no matter the board members or the company executives with complex mood are helpless to find that today's general meeting of shareholders has been completely reduced to Andy Smith's monologue, and he has completely controlled the pace of the meeting.

"We have to say that Qualcomm has invented many breakthrough technologies that have changed the way the world connects and communicates. When we connect mobile phones to the Internet, the mobile revolution is born.

In the future, I sincerely hope that Qualcomm's invention will become the foundation of life changing products, experience and many industries. "

Andy stands there smiling and talking calmly. Although all the people present have different thoughts, they are listening to him carefully. Because after today's meeting, the fate of Qualcomm may be in the hands of the young man in front of him.

"As you all know, two months ago, I launched the acquisition of Qualcomm. One is for my personal asset layout. The other is that I am very optimistic about the future of Qualcomm. As we all know, my prediction and praise of the era of smart phones have been ridiculed by many people in the industry, but now I am right!

Since the advent of the crazy mobile phone, the mobile phone technology has ushered in a major transformation period. So, have you ever thought about when and in what form the next major transformation period will come? "

Andy smiles and looks around the quiet conference room for a week, chuckles and jokes: "maybe someone is muttering in his heart, you said so much, have you ever thought about it? Ha ha, yes, I did think about it and have some answers, so I decided to buy Qualcomm without hesitation, because, no matter how good I think, without the support of technology, it's also a useless fantasy! "

As he said this, Andy suddenly turned around, facing the dead faced members of the current board of directors, his mouth turned up, which seemed to be self mocking and sneering. "A month is not long. For you, maybe you want to fight for space buffer with time, but unfortunately, it's hard for you to have a new way to deal with me, the barbarian in your mouth, Sometimes fate cannot be changed! "

Andy's sudden change of painting style made everyone a little surprised, but also understood that Andy's real killing move was about to start.

"As the largest individual shareholder, I propose Gregory oreyers, former chairman of dialog semiconductor, to be the new director in charge of the company's technology product development block.Hands up, please!

。。。。。。 Thank you, thank you for your support, five waivers and all the others. Congratulations, gray, on becoming the new director of Qualcomm! "




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