American Fortune Life

Chapter 1608: I just got on the road!

"Click, click—"

"... On related matters, we have submitted a preliminary proxy statement to the US Securities and Exchange Commission.

After careful evaluation of the seven director candidates nominated by the major nominations, the Company's Supervisory Committee believes that these nominations are not conflicting and will bring additional skills or expertise to the board of directors of Qualcomm.

At the shareholders' meeting on February 6, 2009, seven changes in the current 11 directors of Qualcomm's board of directors, namely, Samie Haji, former president of Nokia Mobile Network Business Group, and Greg, former chairman of dialog Semiconductor Rio Reyes, Liberty City Technology Holdings, CFO Harrison. . . . . .

On the proposal of the company's supervisory committee, the company's board of directors unanimously decided that Andy Smith was officially elected as the chairman of Qualcomm at the annual shareholder meeting held on February 6, 2009.

Andy Smith, born in 1984. . . . . . "

A Qualcomm spokesman stood on the podium and faced hundreds of media reporters from the audience to officially announce the resolutions and election results generated at the Qualcomm shareholders meeting.

"... In the areas of mobile, internet, automotive, edge computing and networking, Qualcomm is in a better position than any other company. We believe we can create more additional value for shareholders."

With the concluding statement of the press spokesperson, the Qualcomm acquisition that has been going on for months has been completely settled, ending with Andy Smith's complete control of Qualcomm at a very small price.

It also indicates that, starting today, this leading company in the field of mobile phone chips has an unshakable status, and Qualcomm has officially entered the Andy Smith era.

There is such a company. . .

Ordinary people may never see its products. . .

But I pay it every day. . .

It is the most "pulling hatred" company in the communications industry. . .

Almost all companies gritted it. . .

It is also the most lawsuit-ridden company in the industry. . .

Not telling others. . .

Just being sued. . .

Why does everyone "hate" Qualcomm?

Why is Qualcomm hated or even scared by the entire industry?

In all cases, it is because of "patents."

Andy sat in the chairman's office, and the mood was extremely surging, not to finally sit on the chairman's throne, but to see the list of assets of Qualcomm and feel that he was really sitting on a super gold mine!

Qualcomm has a reserve of 130,000 patents in the communications field, including not only the chip field, but also the necessary technology for mobile communications and even many basic operations of smart phones.

In particular, whether or not a smart phone uses a Qualcomm chip, it is inevitable to use the necessary patents developed by Qualcomm, with the help of Qualcomm's research and development results. Inevitably, it is necessary to pay patent fees to Qualcomm.

"Well, is this what the mobile phone manufacturers call" high-pass tax "?" Andy beamed his eyes and looked at the pile of list files in his hands, saying to himself very happy.

According to Qualcomm's patent authorization rules, mobile phone manufacturers must pay Qualcomm a certain percentage of licensing fees based on the price of the mobile phone.

Of course, this charging method is not an invention of Qualcomm, because a long-standing practice in the current communications industry, Motorola, Ericsson, and Nokia all determine the license fee based on the price of mobile phones.

However, it is precisely because Qualcomm's "hegemonic" approach has caused dissatisfaction among governments of various countries that it has frequently initiated antitrust investigations against Qualcomm.

In 2005, Broadcom in the United States initiated an antitrust lawsuit against Qualcomm, and finally reached a settlement. Qualcomm paid nearly $ 900 million to Broadcom.

In 2007, South Korea conducted an antitrust investigation against Qualcomm, and the lawsuit is still ongoing. . .

In the same year, the European Commission conducted an antitrust investigation against Qualcomm based on reports from six companies, including Nokia. It has also not concluded and is in negotiations.

Andy looked at the antitrust investigation data of South Korea and the European Commission sent by Ceo Steve Morenkov, and threw it aside, sneer.

Andy's understanding of these countries is very clear and clear, but since Qualcomm has become its own company, he will naturally not bow to these jealous countries.

Not an antitrust investigation? Don't you want a fine?

OK, would rather go to court and pay a fine, and Andy would not bow to these countries, which would not only open up a bad head, but also affect the patent authorization and reverse authorization model that Qualcomm depends on.

You know, Andy was shocked when he first saw the terms of reverse authorization, shocked by the shamelessness of this group of people at Qualcomm.

The so-called Qualcomm reverse license clause is that any person or company using Qualcomm products needs to license the patents in Qualcomm and others using Qualcomm patents for free.

That is to say, in a way, Qualcomm makes other people's patents a piece of waste paper.

Andy doesn't know how shameless and greedy the person who came up with such a term was, but now, Andy really wants to say to him that he can come up with such shameless terms. !!

Because Andy knows better than anyone that the true core of Qualcomm is chip technology and huge patent barriers. As long as they firmly grasp these two killers, even if they hate to bite their teeth, they will not be able to take Qualcomm because Qualcomm's There are too many patents. They are too important. They can't get around.

"Uh-"

Andy glanced at the answering machine on the desk, reached out and pressed, and heard the voice of the assistant.

"Boss, Steve Molenkov has arrived ..."

"Please come in."

"Okay, boss."

When you release the button, Andy rearranges the files in his hands, puts them on the tall stack of files, breathes a sigh of relief, and looks at the files that have piled up and haven't seen them, and then shakes his head and laughs.

Although he can master all the situations without having to do anything personally, but he will never be a chairman of the furnishings. He brought ambition to the Qualcomm, how can he become a shopkeeper, let alone, he is only just now It holds 26% of Qualcomm.

In order to complete the annexation of Qualcomm, Andy's follow-up plan is equally important. The first step has been successfully reached. The next step is to complete the control of Qualcomm step by step. Take every opportunity to increase your personal shares, as long as the shareholding exceeds 51%, then all the restraints that can restrain him now will disappear.

"Uh-"

"Come in!"

"Chairman."

"Sit down and tell Tori what to drink." Steve Molenkov rushed in with a smile and nodded.

"Thank you, the coffee is just fine." Steve Morenkov saw two large stacks of documents placed on Andy's desk, and watched Andy put the documents that he had seen on that small stack of documents, and his pupils Shrinking slightly, smiling at the chairman's assistant Tori Black, who was standing beside him.

"Just now, I received a congratulatory call from Apple's Cook. In addition to congratulating me on becoming the chairman of Qualcomm, the other party also told me that Apple decided to reach a settlement on the previous lawsuit. I agreed and I will give the follow-up to this matter. You're done. "Andy put the documents away, with a faint smile on his face, and Steve Morenkov looked at him.

"Reconciliation?" Steve Morenkov frowned slightly and nodded. "With Apple's lawsuit, in the end, Apple will lose because they can't come up with evidence, it's completely unreasonable, and they will be beaten. Fine, however, after all, we still have a cooperative relationship with them. If we really want to lose this big customer because of this matter, we will lose some money. Maybe this is the best solution. "

"Well, I think so too. Apple's smart phone business can't get around us anyway. There is no need to be hostile to Apple, which has already set the trend. Everyone is in order to make money." Andy nodded and smiled, just down A moment of smile converged and said with a serious expression: "However, dealing with Apple cannot be compromised. Even if our two companies have reached a settlement now, in the future, with Apple's hegemony, we and them will inevitably be hostile again. Be sure to know. "