American Fortune Life

As the absolute king of cell phone chips, Qualcomm has been in real trouble lately.

The downturn in financial reporting and redundancies, coupled with the malicious takeover of you with Andy Smith, have made Qualcomm a target for the media and industry.

The ruthlessness of capital has been demonstrated since Qualcomm's release. Leaving aside the unpredictable prospects for the future, Qualcomm is now on the abandoned path, analyzing the status quo alone.

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

“Hello, Mr. Smith... ”

“Good morning, Mr. Smith. ”

“Hello, Mr. Smith, I am... ”

When Andy Smith, dressed in a blue, dark striped suit with an incredibly slim pencil, walked into the almost popular shareholders' convention site, the super conference room, with a skilful little assistant in the shape of a crowd of Wall Street elite dressed men.

Originally sitting in various seats, the chattering crowd stood up, with a smile close to delight, leaving the seat and the young super-rich man shook his hand cold, looking for familiarity.

The members of the Board sitting at the long table in the conference room stood there in an ugly way, watching the representatives of the major shareholders and shareholders smile and face each other. They all saw helplessness and bitterness in each other's eyes.

The real comparison hasn't started yet, they seem to have lost, lost the support of shareholders, today's board election, they will fail!

They can only hope to find their own shareholders to support them and keep their own board seats, after all, Andy Smith nominated only seven and had four seats to keep...

Seems to be thinking about something, and Qualcomm's current board members look at each other with a little more preparedness and vigilance.

Steve Morenkopf, who just succeeded Qualcomm as CEO, saw everything in his eyes and couldn't help but sigh in his heart.

He knew that if even the directors sent by the company could not unite and stand guard against each other, could not use all their strength in the fight against Andy Smith, and with their existing shareholder support, they would have no power whatsoever over the seven directors that Andy Smith would nominate!

Andy Smith would easily control most of the board seats, and when he reached an easy “board wash” approach, Qualcomm's internal resistance would be minimized, and when all board members became his interest advocates, Andy Smith could easily leverage his internal strengths to facilitate the completion of the acquisition of Qualcomm.

Really take full control of Qualcomm's fate and if he wants to, even privatize, turn Qualcomm into his Andy Smith private asset!

Steve Morenkopf looked at a gentle smile, calm, no arrogance, but it would still make people feel clearly that the best of the world's children were different, and for a moment, Morenkopf saw Andy Smith as if Prince was receiving the minister!

“Hello, Mr. Morenkov. Nice to meet you. ”

“Hello, Mr. Smith, welcome to Qualcomm's extended family. ”

Steve Morenkopf smiled and shook Andy's hand, saying he was not at all worried that he would keep his job as a tech CEO. His most valuable thing was not the CEO's throne, but his brain, which caged him. Instead, he might be on the board, becoming chairman Andy Smith should understand the value of Steve Morenkopf!

“Oh, thank you for the welcome, I'm sure it will be a wonderful day!” Andy looked at him brightly, smiled slightly, said nothing more, and continued to shake hands with others.

Eventually and Qualcomm's current board members ended some awkward chills, came to the conference table, looked at his name on the nameplate, Andy smiled, sat down, and as for the assistant and the rest of the group sitting in the back seat behind Andy, watched the face change in the super conference room.

On behalf of the Board, Jeffrey Henderson, the newly appointed independent LI, non-executive chairman, began reporting to all shareholders present on Qualcomm's work and financial statements over the past year.

“ The Board will continue to adhere to the principle of active corporate regulation, we will strive to create maximum value for our shareholders, and we will consider all options to achieve this goal, with Qualcomm in a better position than any other business. We believe we can create additional value for our shareholders. ”

“Pfft... ”

When Jeffrey Henderson finished his debriefing, there was an awkward, sparse applause all over the room, and one shareholder looked at Jeffrey with irony.

Stock price slashed, loss of business, net profit halved, revenue slipped, company layoffs...

How dare you talk about creating more added value for shareholders?

Well, although all of this is plausible, because of the global financial crisis, and because of Apple's crazy birth, which has changed the current situation in the mobile phone industry, manufacturers are turning, performance is affected, inevitably.

But they shareholders don't need to open up for board and management. If not, let's go!

“Pfft! ”

When the board members were embarrassed to silence, another crisp applause sounded. Everyone looked in the direction of the applause and saw that it was a smile Andy Smith was applauding. The shareholders followed the applause with a slight glance.

At one point, the loud applause in the meeting room was just that the board members were not happy about it, but that their faces changed dramatically.

Applause calm.

Jeffrey Henderson just wanted to talk about the next issue and heard a big shareholder say suddenly: "Next year's plan, let it go for now, I propose to nominate a new board member directly! ”

“I agree! ”

“I don't mind! ”

“Yes... ”

As more and more shareholders spoke in favor, Jeffrey Henderson's face became incredibly ugly, and the rest of the board was shocked, with cold sweats, incredible panic, and a few of them dead ashes.

“Cough... ”

Blackstone Group shareholders' representatives coughed twice and temporarily interrupted the shareholders' statements. When everyone looked at him, they smiled slightly: “In fact, before electing a new director, we should welcome the biggest individual shareholder, Mr. Andy Smith, to join us! ”

“Bang, bang..." ”

His voice had just fallen and he had taken the lead in clapping. Everyone started clapping with a smile and applauding warmly.

Andy's face and smile stood gracefully and nodded slightly in each direction as he looked around for a week.

“Thank you, thank you and thank you for the welcome. ”

Andy smiled brilliantly with his hands raised and his hands pressed slightly, thanking everyone for their welcome and stopping to applaud.

Until the applause subsided, Andy looked around again for a week, this time sweeping 11 current directors and Qualcomm executives in the presence, with a faint expression and sharp gaze that made it impossible to look at them.

“Thanks again for the welcome, allow me to be here to introduce myself, I'm Andy Smith! ”

Andy glanced in a bright circle, smiling and waiting in the slightest confusion, and then the talents reacted, all laughing and clapping, while making the young man feel confident and overwhelmed.

“Qualcomm has grown from a small technology company in the beginning to today, replacing Intel as the leader in the mobile chip industry, and it is essential that you, as shareholders, thank you very much for your excellent work! ”

Andy smiled at the area where the company's executives were located and took the lead in applauding the conference room again.

And both board members and sophisticated company executives find it helpless to find that today's shareholders' meeting has been completely unicorn for Andy Smith, who has taken full control of the pace of the meeting.

“It has to be said that Qualcomm has invented many groundbreaking technologies that have changed the way the world connects and communicates. When we connect our phones to the Internet, the mobile revolution is born.

In the future, I sincerely hope that Qualcomm's inventions will become the basis for life-changing products, experiences and many industries. ”

Andy stood there smiling and talking, and all those present listened carefully to his words, although their minds differed, because after today's meeting, the fate of Qualcomm might be in the hands of the young man in front of them.

“As you all know, two months ago, I launched a takeover of Qualcomm, first for my personal asset layout, and secondly, I was very keen on Qualcomm's future. As we all know, my predictions and admiration of the smartphone age have been mocked by many industry people, but now it seems that I am right!

Since the advent of crazy phones, mobile technology has been in a period of major change, so have you thought about when and in what form the next period of major change will come? ”

Andy smiled around the silent conference room for a week and said softly: “Perhaps someone is muttering in his heart. You say so much. Have you thought about it? Oh, yeah, I did think about it, and I had some answers, so I decided not to hesitate to acquire Qualcomm, because I thought better, without technical support, was also a useless fantasy! ”

Saying, Andy suddenly turned around, in the face of the current members of the board who were already dead ashamed, and looked like they were laughing, and said, "A month is actually not long. For you, this month may be to buy space buffer, but unfortunately, you already have a hard time coming up with new ways to deal with me, the savage in your mouth, and fate is sometimes doomed to change! ”

Andy's sudden change of scenery stunned everyone a little while understanding that Andy's real killing move was about to begin.

“As the largest individual shareholder, I propose that Gregorian Reyes, former chairman of Dialog Semiconductor, be the new director responsible for the company's technology product development block.

Please raise your hand!

Thank you, thank you for your support, five abstentions, and all the others in favor, so congratulations, Greg, on becoming the new director of Qualcomm! ”