Chapter 1606 Domineering Anti-Customer

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

The decline in financial reports, layoffs and other incidents, coupled with the hostile takeover contest with Andy Smith, have made Qualcomm the target of media and industry insiders.

The ruthlessness of capital has been fully reflected after the release of Qualcomm's financial report. Leaving aside the unforeseen prospects in the future, just analyzing the current situation, Qualcomm's current board of directors is walking on the road of being abandoned.

No, perhaps it should be said, they have been abandoned!

"Hello, Mr. Smith..."

"Good morning, Mr. Smith."

"Hello, Mr. Smith, I am..."

. . . . . .

When Andy Smith, who was wearing a very slim blue dark striped suit, led a curvaceous, tall and capable little assistant, surrounded by subordinates dressed as Wall Street elites, he stepped into the scene of the general meeting of shareholders that had already arrived. , in the super large meeting room.

Originally sitting in various seats, everyone chatting stood up one after another, with almost flattering smiles on their faces, and left their seats one by one to shake hands with the young super rich and greet them, seeking familiarity.

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

The real contest has not yet begun, they seem to have lost, lost the support of shareholders, today's board of directors election, they will be completely defeated!

They can only hope that the shareholders they have found to support them can keep their seats on the board of directors. After all, Andy Smith only nominated 7 people, and there are 4 seats that can be reserved. . . . . .

Seeming to have thought of something, Qualcomm's current board members looked at each other with more precaution and vigilance.

Steve Mollenkov, who had just taken over as Qualcomm's CEO, saw everything in his eyes and couldn't help but sigh secretly in his heart.

He knows it's over. If even the directors sent by the company can't unite and defend each other, they can't use all their strength in the confrontation with Andy Smith. With the support of their existing shareholders, for Andy Smith will be The 7 directors nominated, they will not have the slightest power to resist!

Andy Smith will easily control the majority of seats on the board of directors. When he easily reaches the "board cleansing" method, Qualcomm's internal resistance will be minimized. When all board members become his spokespersons, Andy Smith can use internal advantages to easily facilitate the completion of the acquisition of Qualcomm.

Truly fully control the fate of Qualcomm, if he wants, he can even complete privatization, turning Qualcomm into his Andy Smith's private assets!

Steve Molenkov looked at his face with a gentle smile, calm and calm, without arrogance and domineering edge, but still let people clearly feel the difference of the children of excellent families. For a moment, Molenkov It's like seeing Andy Smith like a prince receiving a minister!

"Hi, Mr. Molenkov, nice to meet you."

"Hello, Mr. Smith, and welcome to the Qualcomm family."

Steve Molenkov shook hands with Andy with a smile, and said in an unassuming manner that as a technical CEO, he didn't worry about whether he would keep his job at all. His most valuable thing is not the throne of CEO, but his brain. What should win over him is that he may become the chairman of the board of directors. Andy Smith, who has become the chairman, should understand the value of his Steve Mollenkov!

"Hehe, thank you for your welcome, I believe it will be a good day!" Andy looked at him with bright eyes, smiled slightly, did not say anything more, and continued to shake hands with other people.

Finally, after some awkward greetings with the current board members of Qualcomm, he came to the conference table and saw his name on the nameplate. Andy smiled and sat down. As for the assistant and other subordinates, Andy sat down. in the back seat behind you,

Observe the changes in the facial expressions of the people in the large meeting room.

When everyone sat down, Jeffrey Henderson, the independent and non-executive chairman who had just taken office for a short time, began to report Qualcomm's work results and financial reports for the past year to all shareholders present on behalf of the board of directors.

"...the board will continue to uphold the principles of active corporate governance, we will be committed to creating maximum value for shareholders, we will consider all options to achieve this goal, Qualcomm is in a better position than any other company. We believe that we can Create more additional value for shareholders.”

"Slap..."

When Jeffrey Henderson finished his report, there was very embarrassing sparse applause in the conference room, and every shareholder looked at Jeffrey with sarcasm.

The stock price has been cut in half, the business has failed, the net profit has been halved, the revenue has declined, and the company has laid off employees. . .

Do you even have the face to say that it will create more additional value for shareholders?

Well, although all of this is justifiable, whoever encountered the global financial crisis, and because of the birth of Apple iCrazy, has changed the status quo of the mobile phone industry, and many manufacturers are turning to it, and their performance will be affected, which is inevitable.

However, these shareholders don't need to open up for the board of directors and management, if they can't do it, they can go down, and if they can, they can go up!

"Crack!"

When the members of the board of directors were silent in embarrassment, another clear applause sounded, and everyone looked towards the direction of the applause. They saw Andy Smith applauding with a smile on his face. After a moment, all the shareholders followed suit. clap together.

For a moment, there was thunderous applause in the conference room, but the members of the board of directors were not happy because of this, but their faces changed drastically.

The applause died down.

Jeffrey Henderson was about to move on to the next topic with a solemn expression when he heard a major shareholder suddenly say, "Let's put aside the company's plan for next year. Nominate!"

"I agree!"

"I have no opinion!"

"Can..."

. . . . . .

As more and more shareholders agreed, Jeffrey Henderson's face became extremely ugly, and other board members were even more shocked. Some were sweating, some were in disbelief, and some were panicked. At a loss, there are still a few faces that are ashamed.

"Ahem..."

The representative of the shareholders of the Blackstone Group coughed twice, temporarily interrupting the statements of the shareholders, and when everyone looked at him, he smiled and said: "Actually, before electing new directors, we should welcome the largest individual shareholder Andy Smith first." Mr. join!"

"Papa papa..."

As soon as he finished speaking, he took the lead in applauding, and everyone started applauding with smiles on their faces. The applause was warm.

With a warm smile on his face, Andy stood up gracefully, looked around, and nodded slightly in every direction.

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

Andy raised his hands with a bright smile and lowered them slightly. While thanking everyone for their welcome, he asked them to stop their applause.

After the applause subsided, Andy looked around again, this time scanning the 11 current directors present and the senior executives of Qualcomm. His indifferent expression and sharp gaze made it impossible to look at him.

"Thank you again for your welcome. Please allow me to introduce myself first. I am Andy Smith!"

Andy glanced around with extremely bright eyes, and waited with a smile in the slight astonishment of the crowd, and then the crowd reacted, couldn't help but chuckled and applauded loudly, and at the same time, everyone present felt that this young man Confidence and domineering side leak.

"Qualcomm has grown from a small technology company to today, replacing Intel as the leader in the mobile phone chip industry. This is inseparable from the efforts of everyone present. As a shareholder, I am very grateful for your excellent work!"

Andy smiled at the area where the company's executives were located, and applauded first, causing another applause in the conference room.

Both the members of the board of directors and the company's executives with complicated moods found helplessly that today's shareholders meeting has been completely reduced to Andy Smith's one-man show, and he has completely controlled the rhythm of the meeting.

"It has to be said that Qualcomm invented many breakthrough technologies that changed the way the world connects and communicates. When we connected our mobile phones to the Internet, the mobile revolution was born.

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

Andy stood there with a smile and calmly talking. Although everyone present had different thoughts, they were all listening to his words seriously, because after today's meeting, the fate of Qualcomm may be in the hands of this young man. human hands.

"As you all know, two months ago, I initiated the acquisition of Qualcomm. First, it was for my personal asset layout. Second, I am very optimistic about the future of Qualcomm. As we all know, my prediction and admiration for the smartphone era , although I have been ridiculed by many people in the industry, but now it seems that I am right!

Since the launch of the icrazy mobile phone, mobile phone technology has ushered in a period of major change. So, have you ever wondered when and in what form the next period of major change will come? "

Andy looked around Yaque's silent meeting room with a smile, and teased with a chuckle: "Maybe someone is muttering in your heart, you have said so much, have you thought about it? Haha, yes, I have indeed thought about it, and I have also thought about it." The answer, so, I decided to acquire Qualcomm without hesitation, because, no matter how good I think, without technical support, it is useless fantasy!"

As he said that, Andy turned around suddenly, facing the current members of the board of directors who were already ashen-faced, and said with a self-deprecating and sneering smile: "One month is actually not long. I want to use time to gain a space buffer, but unfortunately, it is difficult for you to find new moves to deal with me, the barbarian you call me, sometimes fate is doomed not to change!"

Andy's sudden change of style surprised everyone, but at the same time they understood that Andy's real ultimate move was about to begin.

"As the largest individual shareholder, I propose Gregorio Reyes, the former chairman of Dialog Semiconductor, as a new director in charge of the company's technology product development block.

Raise your hand if you agree!

. . . . . . Thank you, thank you for your support, five abstentions, all others are in favor, then, congratulations, Gray, you have become the new director of Qualcomm! "