Absolute Wizard

Chapter 8 Qualcomm

It's true that Cho Min-woo acquired Qualcomm in the past. But because he knew Qualcomm was rapidly advancing through source technology, he was satisfied that he owned it through a secret contract, not in his own name.

And then I forgot.

For this reason, the development of Cullen was not much different from its original history.

In 2004, they acquired Trigenics in Cambridge, UK, and launched a brand called unOne. It has been adopted by several mobile carriers in the United States, Europe and Asia.

Some companies that chose this did not use the BREW platform.

In 2006, there was a $11.7 billion patent expense dispute with Lillian. Of course, he agreed and compromised the popularization of CDMA technology next year.

In 2007, the U.S. International Trade Commission stopped importing mobile phones using its specific microchips in the United States.

An infringement of Broadcom's patent was revealed directly within, and a lawsuit was filed shortly thereafter.

The patent contents were about the algorithm used to increase battery life on the chip when it left the receiving area.

It was decided in October that Qualcomm would consistently pay for the unauthorized use of patents.

Qualcomm eventually released new software with algorithms to avoid this kind of infringement, but it took some time to apply.

The problem was here.

While the verdict was being made, Qualcomm's staff falsely stated that the patent infringement was being discussed.

In the end, the Fair Trade Commission imposed a fine of 260 billion on Qualcomm and a corrective order.

This was nothing else.

Compared to Korean mobile phone manufacturers using CDMA technology, Samsung Electronics, LH Electronics and Fantack, competitors were charged high loyalty products and were negotiated at a quarterly rebate of 4.2.2 million dollars from mobile phone manufacturers since 2000.

It was abuse of market dominance.

"Oh, did Paul do this? ’

The more I looked, the more I was surprised.

I only waited for Qualcomm to grow if I could.

So I didn't touch it, and the results were really amazing.

I did not like the image if I looked at it now. But it was really interesting that the stock price reached $560.

25 times the growth.

The current market value was approximately $120 billion.

Of course, not all of this was his, but in a certain sense he was as good as Raincomb.

‘Of course, I knew it would grow like this already. ’

There were so many of these stocks that it was difficult to sell them on the market.

In the end, Cho Min-woo was worried about this. No, I was vague in my judgment, so I finally paged Director Yang, my henchman.

Director Yang, please call me.

* * *

Chief Yang has been really headstrong lately.

I don't even know what Cho Min-woo is trying to do anymore.

Up until now, I thought I was doing this to make some money.

However, after reviewing the new business recently launched, I put out my tongue.

"What kind of adult are you going to be? I mean, you're just gonna give me the money for free? ’

In the case of raincomb distribution, it indicated that all transportation articles were to be picked up and paid at the base salary of 250 and that the awards were not to be paid on a daily basis.

Given their reality of earning only 150 a month, this was a bit severe.

Of course, it didn't make a lot of money, but it didn't give me too much salary increase.

The other two businesses, Raincomb Capital, were even worse.

Interest is 35% internal and external.

With this interest rate, I was just going to sprinkle it on the people.

It was doubtful that the government would neglect doing business this way, and it was clear that this would make the other financial institutions' revolt unsatisfactory.

In addition to that, Raincomb Mart was a fully-paid hippopotamus.

The land entering immediately and overhead cost alone exceeded 10 trillion.

I wondered what all this great capital would be like.

Of course, there were Intel stock market payouts, but there didn't seem to be much left after all of this.

The problem was then.

‘The deficits will continue to accumulate. We'll survive, but over time, we'll be bankrupt. ’

This was so wrong.

The boss wants to see you.

* * *

After making a firm decision, both chiefs went to Cho Min-woo's office.

“Ms. Grant, I have something to tell you. ”

Cho Min-woo smiled at his reaction and recommended the other side first. He then pushed me to him on all the qualcomm-related reports he was seeing.

“Read this or read it first. ”

“Yes? What is this? No, this is not the point. You're right to revisit the new business you have planned. This can be a serious problem, especially for Raincomb Capital. ”

“Is this about the bank? ”

“Yes.”

“Hahaha, don't do that. Take a look at that document. And then you don't have to worry about that. ”

He glances at the report with a curious look.

It was a review of Shacklecombe. To date, Qualcomm has included growth, profit size, and recent asset valuation.

What was important was not that, but that which was at the end.

It was the proportion of Jo Min-woo's equity in Qualcomm.

Qualcomm's owner was Cho Min-woo, and he was only a professional manager.

“Yi, is this for real? ”

“Yes.”

“Ha, but when did you make this investment? ”

“It's been a while. We bought ARMs together at the time. But even back then, my perception of Raincomb was not good enough, so I deliberately took my hand off completely. ”

“Hmm.”

He listened so far and read the report again.

I couldn't believe it.

Qualcomm's market value was close to 100 trillion.

I can't believe you were such a corporate owner.

I lost my words for a moment.

And then I realized one thing.

“Well, it's the money. ”

“Yes.”

“But there's a problem. If you throw all this stock into the market……"

“The CIA might send assassins. ”

“....... ”

He glances at Jo Min-woo sipping juice with a pouty look and shuts up.

It was ridiculous.

I thought I knew a little about Jo Min-woo, but I also thought I didn't.

But after leaving everything like that, I didn't leave out one thing.

“What the hell are you planning to do with this money? ”

“I want some stock. ”

“........ ”

He eventually held up both hands.

It was best to follow Cho Min-woo as he wanted. Now I realize that I'm not just doing this to make money.

"Phew, she's amazing! ’

I was just amazed.

“Okay, Ms. Grant, I'd like you to do what you want. ”

“Thank you. But you will. Now I'm going to take this stock out in batches and hand it over to you. ”

“Where? ”

“GM."

* * *

Byron is tired every day these days. It's hard to breathe how quickly information around you changes.

He knew, of course, who was the source of all this.

‘This bastard, Jo Min-woo, told me not to mess around like that, but he's digging a grave. ’

The more I thought about it, the angrier I got.

Particularly, recent events have not been easy to overlook.

It was about robbing 24% of Intel's shares.

In total, it was 30%. In just a few months, this huge volume was released to the market.

They had no choice but to buy the Dow Index yet, but their losses were not limited.

He felt a sense of crisis, especially nowadays.

However, I got a call from Jo Min-woo.

< Hi, I'm Director Byron, I'm Jo Min-woo. >

<....... >

I didn't answer.

I had more doubts about what he was calling me for.

Cho Min-woo also felt this.

< Hmmm, you're being too harsh, it's a bit harsh. You don't have any problem with me, do you? >

< Phew, Min Woo Jo, you know how dangerous you're playing right now? >

< Actually, I was a little worried about it. So I have a proposition. >

< What proposal? >

< I'm going to sell Qualcomm shares....... How about it? Interested? >

You're not saying you want to dispose of all the power, are you? >

< Yes, if no one is willing to buy it, I have to solve it in the market. But maybe if you do that....... >

The Dow Exponential Fall was a fact.

< Good, how much would you like to sell it for? >

< $580. >

* * *

A swanky conference room in a state-of-the-art building in central New York.

Director Byron shrugged his shoulders and eventually sat down as no one answered his explanation.

One of the people who was silent finally opened his mouth.

“After all, if we don't buy Qualcomm stock, we'll throw it all in the market? Is this an offer?”

“Yes.”

“What do you think will happen to you? ”

“Dow's probably going to be huge. And the other investors will feel anxious, and they'll be investigating soon. ”

“So what we've done so far is..... everyone's back to square one. ”

“That's what happens. ”

One person finally stepped out again.

“That's really weird. Now he's deliberately handing over his shares to us. as if they knew our plan. ”

“It's hard to be sure. Because this isn't just about us. ”

“You mean them? ”

“Yes, we didn't start this. We just got in the middle of it. In fact, if you look at it like that, you won't think that we're working on this. ”

“Maybe we're looking for the person who did this? ”

“It could be. I don't know how President Jo Min-woo knew about this, but he must have heard some things from the plan. That's why I keep doing that crazy thing. ”

“Then the story……"

“If we don't buy the stock, we will definitely throw it. ”

“So you have to buy Qualcomm stock after all. ”

“Just like that. ”

“But we have to buy 25 times the amount of stock we sold in the past. ”

Quiet.

The silence subsided.

This was the shit. I have been making astronomical money using the stock interest to date, but this was really the first time.

However, in order to ignore it, I was not very satisfied.

“Phew, this is the right thing to do. If you share it, it doesn't matter. However, after doing this, the Dow Index influence of Jo Min-woo will decrease a lot. We'll have to settle for that. ”

In a way, this was the best.

For now, it was more important to reduce Cho Min-woo's influence if possible.

Cash holdings, of course, go up, but they don't mean much.

It is because of the decline in value itself if things go as they planned.

‘Especially since the dollar will fall, it doesn't matter. Then…..’

The process then proceeds in the prescribed order.

All they needed was profit in the process.

* * *

Chocheon Saeng has been having some headaches lately, but there was a fresh breeze. It was around this time that he received a call from Cho Min-woo.

< Ms. >

< You're the chief of Chocheon, right? Hahaha. Finally I get to make this call. >

It's an honor.

< Don't talk about glory like that. I've watched you dispose of your shares in Intel in the past. Excellent. >

< This is a compliment. >

< No, you did really well. >

< Then, why did you give me the news like this? >

< Ah, that will be one instruction coming soon, but I called because I thought it might be a mistake. >

< For instructions....... >

< Yes, I would like you to meet Byron and sell him some Qualcomm shares. >

Yes? >

and subsequent content.

It was about owning Qualcomm stock.

He also listened quietly, but his mouth opened more and more over time.

Yeah, well, did you already own Qualcomm stock? ’

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