RBCT Chapter 1367 I only owe the east wind
Chapter 1367 I only owe the east wind
Chapter 1367 I only owe the east wind
From July to September, from the news that Qualcomm announced its acquisition of Avago to the latter accepting the offer, in less than two months, a semiconductor acquisition case seemed to have returned to the starting point.
During this period, factors such as China Industry and Commerce, FTC, Intel, Yike, and Broadcom have all intervened, and Qualcomm's stock price has also experienced ups and downs. However, the most chaotic thing may be the two parties involved. They directly switched their positions and exchanged the roles of buyer and seller.
Avago wanted to swallow an elephant with its own capital, but unexpectedly, it was eventually supplemented by Qualcomm.
With Avago's board of directors surrendering, the acquisition has reached the final stage and needs to be reviewed by different countries and regions around the world to be completed.
But for Qualcomm, it is good news that it does not have to go through China, which has already rejected it once.
Although the acquisition is still one step away, Qualcomm CEO Jacobs and Avago CEO Chen Fuyang have already appeared together in San Diego, Qualcomm's headquarters, and jointly accepted media interviews.
Jacob was quite excited in front of the camera. When asked by reporters about Chen Fuyang's position, he announced in an unquestionable manner: "It is obvious that Mr. Chen will become an important part of Qualcomm. There is no doubt about it. He has amazing talent and Qualcomm also has greater room for development."
Chen Fuyang, who was standing next to him, smiled happily when he heard this and nodded repeatedly, saying, "Although the merger of the two companies has not yet been completed, I can't wait to contribute to its new future."
Seeing that the two were in harmony, the reporter raised an imminent hidden danger: "Intel has also made an offer for Broadcom. As we all know, Broadcom is also a very good semiconductor company, otherwise Qualcomm would not have tried to acquire it before. If Intel succeeds in the acquisition, what preparations will Qualcomm make in the future?"
This question was asked to Jacob, which made his smile froze for a moment. He then gave the opportunity to answer to Chen Fuyang, and Chen Fuyang also gave it back. The two pushed each other, and finally CEO Jacob gave the answer.
Chen Fuyang thinks that it would be more appropriate to respond to such a question from the perspective of the CEO. Everything should be done according to procedures. Jacob is still the current CEO, so perhaps he can continue to serve as the CEO.
He now has two plans in mind. Avago has already gambled away. If he cannot compete with Jacob, perhaps he can seek a job from Mr. Fang. It seems that Yike WLS is still lacking a leader.
However, although Yike WLS has made a breakthrough in baseband and is likely to cooperate with Intel, it can only serve as a transitional springboard.
Whether it is Qualcomm's acquisition of Avago, EMC's withdrawal from the joint acquisition of Broadcom, or Intel's insistence on acquiring Broadcom, every recent development proves that the semiconductor field is still highly sensitive.
Even though Chen Fuyang had met Mr. Fang's friends in the United States, he did not think he could solve this problem, otherwise, Yike would definitely not withdraw from the joint acquisition of Broadcom.
In this case, WLS is a good place to transition.
Chen Fuyang has considered many aspects and is still quite nervous about the upcoming power grab. Being the head of the new Qualcomm is his best choice.
He ended his public appearance with Jacob, and after returning to the hotel, he communicated with several shareholder representatives, successfully keeping the tension going until the early morning.
Chen Fuyang poured himself a glass of red wine, thinking about another Zhen Fangzhuo in New York, and how he seized power from Sina just a few years after his debut. He finally calmed down a lot while sighing in his heart.
Everything is ready, now all we need is the right time to launch an attack.
Chen Fuyang waited until the next afternoon before calling Mr. Fang to discuss the current situation. He thought that he could find a way to create some trouble for Qualcomm or Jacob personally to force himself to step forward.
Fang Zhuo listened to Chen Fuyang's thoughts quietly and gave his own opinion: "Mr. Chen, things have come to this point, there is no need for any more conspiracies. From the perspective of shareholders, the company's CEO has been very incompetent for not being able to manage the company's stock price for such a long time. I believe that you can clearly feel their dissatisfaction through your communication with them during this period."
"They contacted you and supported you, not to oppose Jacob for the sake of opposing him, but because they hope that you will lead Qualcomm forward after becoming CEO."
"As soon as the review is approved, that is the best moment. You don't have to hide. Instead, just stand up and express your courage to take responsibility and carry the Qualcomm banner with dignity. That's enough."
“CEO is the one who has the ability.”
"You are better than Jacob. This is the best start to forming a new Qualcomm."
Regardless of whether Chen Fuyang's call was intended to urge China to fight monopoly again or to lobby for competition with Intel again, Fang Zhuo did not intend to communicate more and directly expressed his opinion half-truthfully.
Qualcomm is in a state of shock and has accumulated a lot of dissatisfaction. Originally, Jacob had to sit on the throne steadily under the siege from the outside world. But now there is an opportunity for acquisition and merger. If the new leader can give an invisible promise that the situation will be settled as soon as possible, it will naturally be more tempting.
What Chen Fuyang can provide now is that China Anti-Monopoly can reduce the severity of penalties to resolve this negative impact. He can also start patent negotiations with Yike to weaken this negative impact. In addition, he himself is good at capital operations, which will help boost the stock price.
It doesn’t matter how others measure what Qualcomm’s CEO should do. Shareholders’ requirements for the CEO and stock price are a compulsory course.
Chen Fuyang felt that Mr. Fang was more confident than himself, and he was somewhat encouraged.
Of course, there is no point in speculating that Mr. Fang gave this advice in the hope of making Qualcomm's internal conflicts more acute. I don't think Mr. Fang is a very good person. It is normal and understandable for everyone to say some true or false things based on their own standpoints.
Listen to Mr. Fang's suggestions, analyze his position, consolidate his support, and extract the useful parts.
Chen Fuyang thought that since he still had time, he could fly to New York and ask Mr. Fang for advice in person. After all, this man could be considered a good mentor and helpful friend on the road to seizing power.
However, before he arrived, new news from the East quickly spread. It was rumored that China asked Qualcomm to completely abolish the current patent licensing model.
Chen Fuyang noticed Qualcomm’s suppressed stock price and wondered if this was what Mr. Fang meant by “no need to engage in any more conspiracies or intrigues.”
Maybe, what comes openly is not considered shady.
Chen Fuyang received the news that Jacob had hurriedly flown to China and knew that he was going there to mediate. However, before Qualcomm's CEO landed, the most worrying issue was resolved.
The FTC approved Qualcomm's acquisition of Avago.
The arrow is on the string, ready to be shot.
(End of this chapter)