Chapter 1608

"Click, click --"

"... We have submitted a preliminary proxy statement to the securities and Exchange Commission.

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

At the general meeting of shareholders on February 6, 2009, there were seven changes in the current 11 directors of Qualcomm's board of directors, namely, Samir Haji, former president of Nokia mobile network business group, Gregory oreyers, former chairman of dialog semiconductor company, and hariyu, CFO of technology holding company in free city......

Upon the proposal of the company's Regulatory Committee, the board of directors unanimously decided to formally elect Andy Smith as chairman of Qualcomm at the annual general meeting on February 6, 2009.

Andy Smith, born in 1984

A Qualcomm spokesperson stands on the podium, facing hundreds of media reporters, and officially announces the resolutions and election results of the Qualcomm shareholders' meeting.

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

With the press spokesman's summary statement, the uproar of Qualcomm's acquisition for several months was completely settled, ending with Andy Smith completing the control of Qualcomm at a very small cost.

It also marks that from today on, Qualcomm has officially entered the era of Andy Smith, a leading company with an unshakable position in the field of mobile phone chips.

There is such a company...

Ordinary people may have never seen its products...

But pay it every day...

It is the most "hateful" company in the communications industry...

Almost all companies bite at it...

It's also the most litigious company in the industry...

I'm not suing people...

I'm being told...

Why do we all hate Qualcomm?

Why is Qualcomm hated or even feared by the whole industry?

It's all about patents.

Andy is sitting in the chairman's office. His heart is surging. Not to finally sit in the chairman's seat, but to see Qualcomm's asset list and feel that he is really sitting in a super gold mine!

Qualcomm has 130000 patent reserves in the field of communication, not only in the field of chips, but also in the field of mobile communication and the necessary technologies to realize many basic operations of smart phones.

In particular, whether or not a smartphone uses Qualcomm chips, it is inevitable that necessary patents developed by Qualcomm will be used, with the help of Qualcomm's research and development achievements. In this way, we have to pay the patent fee to Qualcomm.

"Tut Tut, is this what those mobile phone manufacturers call" high tax " Andy's eyes are shining. He looks at the pile of list documents in his hand at will. He says to himself happily.

According to Qualcomm's patent licensing rules, mobile phone manufacturers must pay a certain percentage of the licensing fee to Qualcomm according to the price of the mobile phone.

Of course, this kind of charging method is not Qualcomm's invention, because in the current communication industry, a long-term practice, Motorola, Ericsson, Nokia are based on the price of mobile phones to determine the licensing fee.

However, it is precisely because of the "hegemonic" practice of Qualcomm's tax that governments around the world are dissatisfied with Qualcomm, so they frequently launch anti-monopoly investigations against Qualcomm.

In 2005, American Broadcom launched an antitrust lawsuit against Qualcomm, and finally reached a settlement. Qualcomm paid nearly $900 million to Broadcom.

In 2007, South Korea launched an antitrust investigation against Qualcomm, and the lawsuit is still in progress...

In the same year, the European Commission conducted an anti-monopoly investigation on Qualcomm according to the reports of six companies, including Nokia, which also has no conclusion and is under negotiation.

Andy looked at the anti-monopoly investigation data from South Korea and the European Commission sent by CEO Steve morenkov, and threw it aside, sneering.

Andy understands and understands the ideas of these countries very well, but since Qualcomm has become a company of its own, he will not bow to these countries with red eyes.

Isn't it an antitrust investigation? Isn't it a fine?

OK, it's better to fight a lawsuit and pay a fine. Andy won't bow to these countries. This will not only lead to a bad start, but also affect the patent licensing and reverse licensing mode of Gao Tonglai to survive.

You know, Andy was shocked when he saw the reverse license terms for the first time. He was shocked by the shamelessness of Qualcomm.

The so-called Qualcomm reverse license clause means that any person or company who uses Qualcomm's products needs to license the patent in hand to Qualcomm and other people who use Qualcomm's patent free of charge.

That is, books. To some extent, Qualcomm makes other people's patents useless.Andy doesn't know how shameless and greedy the person who came up with this kind of clause at the beginning, but now, Andy really wants to say to him that it's so awesome to come up with this shameless clause!

Because Andy knows that the real core of Qualcomm is chip technology and huge patent barriers. As long as they firmly grasp these two trumps, even if they hate to bite their teeth, they can't win Qualcomm's patents. Because Qualcomm's patents are so important, they can't get around.

"Di --"

Andy takes a look at the transponder on his desk, reaches for it and presses it. The voice of the assistant comes.

"Boss, Steve morenkov has arrived..."

"Invite him in."

"All right, boss."

Release the key, Andy rearranges the documents in his hand, puts them on a high pile of documents aside, breathes a little, looks at the documents piled up nearby, which he hasn't seen yet, and shakes his head and laughs.

Although he can completely master all the situations without doing everything himself, he will never be a chairman of the company. How can he become a master of Qualcomm with ambition? What's more, he only holds 26% of the shares of Qualcomm.

To complete the annexation of Qualcomm, Andy's follow-up plan is equally important. The first step has been successfully achieved. The next step is to complete the control of Qualcomm step by step. In the company, you can use every opportunity to increase your own personal shares. By then, as long as you hold more than 51% of the shares, now you can limit his shackles , will all disappear.

"Dong Dong --"

"please come in!"

"Chairman."

"Sit down and tell Tori what to drink." Andy smiles and Steve morenkov nods as he rushes in.

"Thank you, just coffee." Steve morenkov saw two big stacks of documents on Andy's desk, and watched Andy put the documents he had seen on that small stack of documents. His pupils slightly shrank, and he said with a smile to toriblake, the chairman's assistant standing beside him.

"Just now, I received a congratulatory call from cook, an apple company. In addition to congratulating me on becoming president of Qualcomm, the other party also told me that Apple decided to reach a settlement on the previous lawsuit. I agreed, and the follow-up of this matter will be given to you." Andy put the papers away and looked at Steve morenkov with a faint smile on his face.

"Reconciliation?" Steve morenkov frowned slightly, murmured, nodded and said: "in the end of the fight, Apple will lose, because they can't give evidence, it's totally unreasonable, and they will be fined. However, we still have a cooperative relationship with them. If we really want to lose this big customer because of this, it's not worth it. Maybe this is the most important thing A good solution. "

"Well, I think so too. Apple's smartphone business can't bypass us in any way. There's no need to be hostile to apple, which has already led the trend. Everyone is trying to make money." Andy nodded and smiled, but the next moment he smiled, he said solemnly: "however, when dealing with apple, we can't give way. Even though we have reached a settlement now, in the future, with the hegemony of apple, we will be hostile to them again, which you should know well."