American Fortune Life

Chapter 1470

Early morning on December 27th.

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

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

"Several Qualcomm customers expressed optimism about Andy Smith's acquisition of Qualcomm..."

"Affected by the acquisition, Qualcomm's stock price continued to rise..."

"The acquisition maniac will make another move!"

"According to reliable sources, Paul Jacobs called Andy Smith yesterday afternoon in order to defend Qualcomm's shareholder value. 'Make a guarantee.

However, Andy Smith doesn't seem to agree with Paul Jacob's proposal. Although he agrees that the purchase price can be raised appropriately, he directly rejects the proposal for a breakup fee guarantee and has a tough attitude. . . "

In the CEO office of the Apple headquarters in Cupertino, California, the forehead is getting brighter and brighter, infinitely close to the bald man, and the thinner Steve Jobs is looking at the newspaper reports with deep brows, his eyes are deep and gloomy.

"Boom——"

Jobs looked up and saw Cook who pushed the door in, he couldn't help stretching his brows, and asked, "Is there any latest news?"

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

Cook said, and handed Jobs a document in his hand, and then sat on the chair opposite him, also showing concern.

Jobs took the document, frowned and quickly browsed through it. In this letter to all shareholders, Qualcomm criticized Andy Smith's acquisition, saying that its acquisition had serious malice.

The letter also said Andy Smith's claims of "immediate cash payments to shareholders" were "completely unrealistic". Andy Smith lacked the necessary tech company management experience. . .

In the letter, Qualcomm also refuted Andy Smith's remarks. Andy claimed that Qualcomm's customers wanted to acquire Qualcomm themselves. Qualcomm said: "No Qualcomm customer has publicly expressed support for Andy Smith's offer."

Qualcomm concluded by saying: "We believe that supporting Andy Smith's hostile takeover is meaningless to Qualcomm shareholders. Moreover, in the event that the transaction is not approved, Qualcomm may face the risk of incalculable value loss. "

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

After reading the letter, Jobs frowned, with a helpless expression, he put the documents aside, took off his glasses, gently pinched the bridge of his nose, and sighed softly.

"This...isn't it?" Cook asked incomprehensibly when he heard Boss Joe's conclusion.

Jobs glanced at Cook sharply, feeling helpless again in his heart. It seems that the successor he chose is still a little naive. For the group of investors who will go crazy when they see blood, if they are too naive, There is nothing left to be eaten. If he hadn't been kicked out of Apple by these bastard investors as a founder, he wouldn't have such a deep understanding.

"You have to remember that investors would never want to see a board of directors artificially erecting a barrier to the free flow of capital!

Remember, the board of directors needs to uphold the principles of active corporate governance, and every decision it makes needs to be in the best interest of the company's shareholders.

You must know that whether it is the current Apple or Qualcomm, the shareholders are really at the helm.

Usually these people are harmless, but when they make decisions that harm the interests of the vast majority of shareholders, they will show their ferocious true colors and pounce on the person who caused them losses.

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

It seems that the phone call between Paul Jacobs and Andy Smith yesterday was not harmonious, or if I guessed right, Andy Smith must have done something to provoke the other party and said some arrogant words, you know , People who have never dealt with him, it is difficult to understand the shamelessness and difficulty of this little guy. . . "

Cook's face changed slightly. Thinking of Andy Smith's young and handsome face, always smiling and harmless, he couldn't help frowning. You know, Apple has been dug several times in a row, and it is still being dug up. The deep pits of the Internet, and the fact that the app store has been suppressed by it, Cook fully believes that Andy Smith, a bastard, will definitely dig holes for Paul Jacobs.

"I even believe that he has already persuaded some of Qualcomm's major shareholders, just waiting for Qualcomm's board of directors to make mistakes. You see, this is part of the guest list at the Christmas party he held in Houston on Christmas Eve, Blackstone, It is no coincidence that the heads of several large institutions such as the Vanguard Group were present, and they are also major shareholders of Qualcomm."

Cook took the list handed over by Boss Joe with a gloomy face, browsed it roughly, and said helplessly: "It seems that we will have a lot of troubles in our cooperation with Qualcomm in the future..."

"To be honest, I always thought he would choose to enter the smartphone market, whether it was a cooperation with Google or a stake in HTC, I thought he was building his own mobile phone brand layout for the future.

Now it seems that my guess was completely wrong. He did not intend to make mobile phones at all, but had even greater ambitions. He wanted to formulate his own mobile phone manufacturing industry standards and draw blood directly from the mobile phone industry.

Since 2007, the Snapdragon processor has become a direct guarantee for the performance of many mobile phones.

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

In other words, Qualcomm has always played a very important role in the evolution of the second-generation mobile communication technology from the 1990s to the present for nearly 20 years.

More importantly, there are a lot of inherited content in these mobile communication technologies, and Qualcomm holds these key patents, and continuously researches new technologies on the basis of these existing patents to form new patents.

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

The impact of HTC's Android system mobile phones on our crazy mobile phones is obvious, and our mobile phones come from Qualcomm in terms of chips and basebands. . . "

After listening to Boss Joe’s words, it wasn’t just Boss Joe who had a headache, Cook also had a wry smile on his face. It was like a couple who turned their faces and divorced, and suddenly one day, the ex-wife became the immediate boss of the ex-husband. Desperate!

They can choose chips from other manufacturers, whether it is Intel or four-star, but as the leader in the industry, Qualcomm's products do have a huge lead, unless Apple wants to let the brand of Ai Crazy mobile phones be smashed, The market is occupied by other brands of mobile phones, otherwise, Apple will not be able to bypass Qualcomm anyway.

Especially the patent dams of wireless communication established by Qualcomm, no one can avoid being held down by them to obediently bleed and support their development and growth.

It is conceivable that when Andy Smith, a "business genius", really enters Qualcomm, the entire semiconductor technology industry and the smartphone market will be shrouded in his terrifying shadow.

Whether it is an opponent, a friend, or an ordinary person, they have to admit the fact that Andy Smith's ability and business talent, people in the technology industry, including Jobs and Cook, seem to have seen Andy Smith With Qualcomm as the main body, Smith expands and annexes the global semiconductor industry like a greedy monster, expands its influence, and thus becomes the prospect of world hegemony.

"Perhaps we should do something to stop him!" Cook thought of the terrible scene in the future, his eyes turned cold, and he suggested solemnly.

"White knight?" Jobs also muttered thoughtfully, and then said with narrowed eyes: "We can give Qualcomm some support in terms of public opinion and funds, but have you ever thought about it? How much support is given to Qualcomm? And what if our joining still can't prevent him from joining Qualcomm?

Do you think he will take revenge on us? "

Cook looked ugly, 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 the fall. Even for normal business cooperation, you must deal with him carefully to avoid Being cheated again, what's more, it has already become the cooperation of the opponent.

If he stands up to obstruct his acquisition of Qualcomm this time, everything is easy to say if he succeeds, but if he fails, he will really die forever. Cook doesn't think that Andy Smith, who must retaliate, will be so magnanimous.

"Hey, what a big trouble!" Jobs was also a little helpless, but he wouldn't really do nothing, he would stop it if he could. After all, he had no doubts about Andy Smith becoming a long-term partner. There is a lot of defense, even if the other party also holds a large number of Apple stocks, but this bastard has cheated Apple several times, and Jobs has long wanted to take revenge.

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