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Chapter 1606: The domineering anti-customer is the main

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

The decline in financial reports, as well as the layoffs, and the malicious acquisition of Andy Smith 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. Putting aside the unpredictable future prospects, just analyze the current situation. Qualcomm's board of directors is now on the abandoned road.

No, maybe it should be said that they have been abandoned!

"Hello, Mr. Smith..."

"Good morning, Mr. Smith."

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

......

When Andy Smith, wearing an extremely slim and straight blue dark striped suit, walked into the crowd of subordinates dressed in Wall Street elites, who had already arrived at the shareholders' meeting, and was in the huge conference room.

Originally sitting in various seats, the chattering people stood up one after another, leaving the seat with a flattering smile on their faces, shaking hands with the young super rich man and greeting him, begging for familiarity.

The board members sitting at the long table in the conference room stood there with ugly expressions, looking at the smiles of major shareholders and shareholder representatives, looking at each other in a glance, and seeing helplessness and bitterness in each other's eyes.

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

They can only hope that they will support their shareholders they find and be able to keep their board seats. After all, Andy Smith has only nominated 7 people and 4 seats to retain...

It seemed that they all thought of something, and the current Qualcomm board members looked at each other with more precautions and vigilance.

Steve Molenkov, who had just taken over the position of Qualcomm CEO, saw everything in his eyes and couldn't help but sigh in his heart.

He knew it was over. If even the directors sent by the company could not unite and be on the outside, and were still guarding against each other, and could not use all their strength to confront Andy Smith. With their existing shareholder support, they would have no power to resist the seven directors that Andy Smith would nominate!

Andy Smith will easily control the majority of the board seats. When he easily reaches the "board cleaning" approach, Qualcomm's internal resistance will be minimized. When all the board members become his interests spokespersons, Andy Smith can take advantage of its internal advantages to easily facilitate the completion of the acquisition of Qualcomm transaction.

Truly achieve complete control of the fate of Qualcomm, if he wants to, he can even complete privatization, and completely turn Qualcomm into his private asset of Andy Smith!

Steve Molenkov looked at him with a gentle smile, calm and calm, without a arrogant and arrogant edge, but he could still clearly feel the uniqueness of the children of outstanding families. For a moment, Molenkov was like seeing Andy Smith as if a prince was receiving a minister!

"Hello, Mr. Molenkov, I'm glad to see you."

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

Steve Molenkov smiled and shook hands with Andy, and said in a humble and arrogant manner that as a technical CEO, he was not worried about whether he would keep his job. The most valuable thing about him is not the throne of CEO, but his brain. What should win him over is the board of directors. Andy Smith, who became the chairman, should understand the value of Steve Molenkov!

"Haha, thank you for your welcome. I believe this will be a wonderful day!" Andy looked at him with bright eyes, smiled slightly, and said nothing more, and continued to shake hands with others to meet.

Finally, he finished awkward greetings with the current board members of Qualcomm and came to the conference table. Seeing his name written on the famous brand, Andy smiled slightly and sat down. As for the little assistant and other subordinates, they sat in the back seat behind Andy, observing the changes in the expressions of the faces of the people in the huge conference room.

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

“…The Board will continue to uphold the principle of active corporate regulation, and we will be committed to creating the greatest value for shareholders, and we will consider all options that can achieve this goal, and Qualcomm is in a good position than any other business. We believe we can create more additional value for shareholders.”

"Play..."

When Jeffrey Henderson finished the report, a very embarrassing sparse applause sounded in the entire conference room, and each shareholder looked at Jeffrey with sarcastic expressions.

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

He actually has the face to say that he can create more extra value for shareholders?

Well, although all this is understandable, who encountered the global financial crisis and the emergence of Apple Crazy has changed the current situation of the mobile phone industry, and many manufacturers are turning, and performance is inevitably affected.

However, these shareholders do not need to develop for the board of directors and management. If they don’t work, they will step down and give in!

"Play!"

While the board members were in awkward silence, another crisp applause sounded. Everyone looked in the direction where the applause came. Seeing Andy Smith with a faint smile on his face, the shareholders were applauding. After being slightly stunned, they all applauded.

For a moment, the applause in the conference room was thunderous, but the board members were not happy about it, but their faces changed drastically.

The applause calmed down.

Jeffrey Henderson was solemnly about to go to the next issue when he heard a major shareholder suddenly say: "The company's plan for next year is temporarily put aside. I suggest that the new board member will be nominated directly!"

"I agree!"

"I have no objection!"

"Can..."

......

As more and more shareholders spoke up, Jeffrey Henderson's face became extremely ugly, and the other board members were even more shocked. Some were sweating coldly, some were incredible, some were panicked, and some were in a state of silence.

"Ahem..."

The shareholder representative of Blackstone Group coughed twice, temporarily interrupting the shareholders' statements. When everyone looked at him, they smiled and said, "Actually, before electing a new director, we should welcome the largest individual shareholder, Mr. Andy Smith, to join!"

"Smack sex..."

As soon as he finished speaking, he started to applaud. Everyone started to applaud with a smile on their faces, and the applause was warm.

Andy stood up gracefully with a warm smile on his face, looking around for a while, nodding slightly in each direction.

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

Andy raised his hands with a brilliant smile and pressed down slightly. While thanking everyone for their welcome, he made everyone stop applause.

When the applause subsided, Andy looked around again for a week. This time he glanced at the 11 current directors and Qualcomm executives present. 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 first. I am Andy Smith!"

Andy glanced around with an extremely bright look, and was slightly surprised and waiting. Then everyone reacted and couldn't help but chuckled and clapped, which also made everyone present feel the confidence and domineeringness of the young man.

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

Andy smiled at the area where the company executives were located, and applauded first, causing applause in the conference room to sound again.

Whether it is a board member or a company executive in a complicated mood, they all found that today's shareholder meeting has completely become Andy Smith's one-man show, and he has completely controlled the rhythm of the meeting.

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

In the future, I sincerely hope that Qualcomm's invention will become a life-changing product, experience and foundation for many industries."

Andy stood there with a calm smile and talked. Although everyone present had different thoughts, they were listening to his words seriously, because after today's meeting, the fate of Qualcomm might be in the hands of the young man in front of him.

"Everyone knows that two months ago, I initiated the acquisition of Qualcomm, one for my personal asset layout, and the other is that I am very optimistic about the future of Qualcomm. As we all know, my prediction and praise of the smartphone era have been ridiculed by many industry insiders, but now it seems that I am right!

Since the advent of Ai Chuang mobile phones, mobile phone technology has ushered in a period of major change. So, have you all here thought about when and in what form the next major change will come?"

Andy smiled and looked around Zhou Yaque's silent conference room, chuckled and joked: "Maybe someone muttered in his heart, you have said so much, have you ever thought about it? Haha, yes, I did think about it and there are some answers, so I decided to acquire Qualcomm without hesitation, because no matter how good I think, without technical support, it is a useless fantasy!"

As he said that, Andy suddenly turned around and faced the current board members who were already dead as if they were dead, and said with a sneer as if they were self-deprecating and sneering: "A month is actually not long. For you, this month may be to use time to fight for the buffering of space. Unfortunately, it is difficult for you to have new moves to deal with me, the barbarian you mentioned. Sometimes fate is destined to be unchanged!"

Andy's sudden change in style made everyone a little surprised, and also understood that Andy's real killer move was about to begin.

"As the largest individual shareholder, I propose that Greg Rio Reyes, former chairman of Dialog Semiconductor, serve as a new director, responsible for the company's technical product development block.

If you agree, please raise your hand!

......Thank you, thank you for your support, the five abstained, and all others agree. Then, congratulations, Gray, you have become the new director of Qualcomm!"
Chapter completed!
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