Chapter 1375 Seizing Power (4k)
Chapter 1375 Seizing Power (4k)
Chapter 1375 Seizing Power (4k)
The level of Yike baseband chip is close to Qualcomm!
When this news spread from Yike's press conference in the far east to the extraordinary shareholders' meeting at Qualcomm's headquarters, Jacob immediately realized the danger of catching up with the opponent's technology.
He was sitting in the front row, and he really hoped that no one would know the news, but he knew the source of the sudden discussions without having to ask.
"Vote on the proposal now!"
Jacob was still feeling heavy in his heart, but suddenly he heard the director next to him making a decisive decision, and he woke up from his dream!
Yes! Vote now! Don’t let this news simmer any longer!
As the chairman, Jacob was responsible for presiding over this extraordinary general meeting of shareholders. When he turned around and was about to announce the start of the voting, he saw the shareholders whispering to each other in the meeting room. He suddenly felt uneasy and stopped talking.
Just as he was hesitating, Jacob saw Chen Fuyang almost jumping up from his seat.
"Yi Ke's baseband has surpassed Qualcomm! This is what you, Jacob, did!" Chen Fuyang got the news from Yi Ke for the first time. He was surprised and happy. He immediately realized that this was good news for his power grab. He stood up decisively and angrily rebuked the head of Qualcomm.
"Yike's baseband is not super..." Jacob tried to explain. They are just close to it, how can you say it is beyond it?
Chen Fuyang interrupted directly: "Jacob, if it weren't for you, how could Yike be what it is today? You are the culprit of Qualcomm's internal and external troubles!"
Jacob felt as if he had personally gone to Yike to assemble the phone when he heard this. He was stunned for a moment before he stood up and said angrily, "Chen Fuyang, don't blame me for everything! My contribution to Qualcomm is obvious to everyone!"
Chen Fuyang didn't look at Jacob at this time, but looked around the entire venue, and loudly announced the news: "As far as I know, Yike has secretly reached a cooperation with Intel. Yike's baseband has surpassed Qualcomm, and Intel will be soon!"
Qualcomm COO Morenkov questioned in a veiled manner: "How did you, Chen Fuyang, know this information that no one else knew? Did you and Fang Zhuo always keep in touch? Did Avago sell its sensor business to Yike? Was Yike also instigating Avago's hostile takeover of Qualcomm?"
"This is the level of our Qualcomm COO! This is the level of the executive who will take over as CEO! You use Avago's business from a few years ago to attack me! Is that all?" Chen Fuyang did not evade and continued to speak loudly, "The response to Snapdragon 810 this year was not as good as expected, and this is your responsibility! Morenkov, answer me, why is Snapdragon 810 not as good as Apple A8, why is it not as good as Zhurong 05!"
Morenkov opened his mouth but no sound came out. It’s a long story to say that he can’t compare to the A8 and ZR05… Where should I start…
He didn't know where to start for a moment, and Chen Fuyang on the opposite side had changed his target again.
"From CEO to COO, from management to board of directors, Qualcomm has fallen to this point today. There are piles of lawsuits outside, and products lag behind competitors inside. Which one of them, iQIYI, Intel, or Apple, can be easily defeated?" Chen Fuyang said passionately. "Just now someone attacked me with a past business between Avago and iQIYI. I want to ask, if that's the case, who was the 'iron triangle' with Mr. Fang in the past?"
Without waiting for anyone to answer, he raised his hand and pointed at Jacob: "It's our Mr. 620 billion!"
Jacob was already angry and irritated!
"If they didn't seek change yesterday, they will fall from 1000 billion to 620 billion today. If they don't seek change today, they will have to depreciate from 620 billion to 200 billion tomorrow!" Chen Fuyang didn't allow anyone to interrupt him. Although he spoke quickly, his voice was very clear. "Nokia didn't seek change in the past, and now it has lost its mobile phone business. Sony didn't seek change in the past, and now it is mired in recession!"
He said firmly: "We at Qualcomm must seek change. I am standing here today because some far-sighted shareholders have seen that Qualcomm has reached the point where it has to change. As CEO, I have three things to do. First..."
In his rage, Jacob suddenly noticed the thoughtful expressions of some shareholder representatives. The heat in his heart was suddenly pierced with a hint of coolness, and he finally realized what he should do as the chairman of the board.
He interrupted, shouting, “Vote on the proposal now! Qualcomm does not need an outsider who has never worked in the mobile processor business to be the CEO!”
As soon as Jacob spoke, his shareholders immediately voted against the proposal.
But Chen Fuyang seemed to have heard nothing and continued to loudly express his views on Qualcomm's future development.
There are still shareholder representatives voting, but the voting speed has dropped significantly and the number of people waiting and watching is also increasing.
"Now is the voting session, Chen Fuyang, what you said is completely meaningless!" Jacob tried to interrupt again, but it was still ineffective.
When he tried to force the issue for the third time, a voice suddenly came from the second row behind him: "Let him finish."
Jacob didn't need to look back to recognize the voice of Fraser, who represented the second largest institutional shareholder, BlackRock Group.
His heart sank as he listened to Chen Fuyang announcing his plan to end the patent litigation with Yike and Apple, and he seriously suspected that he and the other two companies had secretly reached a tacit understanding.
"I hope everyone will vote for the future of Qualcomm!" Chen Fuyang ended his speech with an impassioned voice. Finally, he asked Jacob in a very graceful manner, "Jacob, do you have anything to say to everyone?"
Jacob's face turned pale. What a farce!
He had always thought that the other party was a farce, but now he suddenly felt that he was part of the farce.
Jacob said nothing.
Seeing this, Chen Fuyang also finished his last sentence during this period of time with "Vote".
No matter how many internal and external troubles there are, no matter how angry the shareholders are, in the end, we have to see what the voting results are.
Some people immediately stepped forward to vote, but more shareholder representatives were also communicating with each other. Everyone knew that the vote in their hands might very well affect the future of Qualcomm.
Chen Fuyang's face was calm, but his palms were sweating. If he could become the CEO of the new Qualcomm, it would be a leap for his career.
On one side is Chen Fuyang, the former CEO of Avago, who is an expert in capital operation and claims to be seeking change; on the other side is Qualcomm’s... Mr. 620 Billion.
More institutional shareholder representatives began voting after communicating with each other or the company.
When the number of votes in favor showed a lead, although it was not the final result yet, Chen Fuyang had already smiled. However, as he smiled and nodded to his shareholder representative, a strange and seemingly inappropriate thought popped up in his mind.
Yike has made great progress in the baseband field.
At 11:15 a.m. Eastern Time on November 9, Qualcomm's extraordinary shareholders' meeting passed a proposal to remove the current board of directors and head Jacob, and replace him with Senior Vice President Chen Fuyang as CEO.
This result quickly spread in the industry and became the two most eye-catching news today together with Yike's flagship Mars.
It is said that Jacob, the former head of Qualcomm, said only one sentence after learning the result.
“You are destroying Qualcomm.”
It’s not known whether Chen Fuyang will destroy Qualcomm, but he is indeed going to take charge of Qualcomm.
……
When Qualcomm's final result came, Fang Zhuo had no time to express his feelings before he answered another call on his mobile phone.
The result of the cooperation between Yike and Bingxin is quite groundbreaking. Whether it is Yike's current influence in the global smartphone market, or Bingxin's breakthrough in 16nm wafer manufacturing, it makes many people happy and excited.
On the way back from the interview, Fang Zhuo was already fielding calls from people in Beijing, Shanghai, Luzhou, overseas, as well as industry friends, retired officials, and seniors in the industry...
Bingxin paid great attention to the confidentiality of the process research and development this time. Only a limited number of people in the country knew about it, which made it really shocking.
"Mr. Zhang, you didn't make the wrong decision back then!"
Fang Zhuo answered the call from Zhang Rujing. Without any greetings, the first sentence he said was a blunt response.
Zhang Rujing knew that Mr. Fang was still talking about SMIC's assistance to Bingxin's 130nm risk trial production. Hearing this, he laughed out loud: "That's right, that's right, it has to be you, Fang Zhuo!"
"Tsk, Mr. Zhang, you are so kind!" Fang Zhuo accepted the compliment.
"Hey, I really didn't want to agree to you back then. If not, if not..." Zhang Rujing paused, "If not for Dr. Jiang's persuasion, if not for your attitude, hey, that decision was not made by me, it was made by the three of us together."
Fang Zhuo stopped smiling and thought for a moment: "Later, I received a letter from Dr. Jiang. It has been under the glass on my desk. He wrote the four words 'keep improving'. Bing Xin has put it into practice."
"Keep improving, keep improving." Zhang Rujing repeated it twice and sighed, "How difficult it is. Bingxin is very strong, stronger than SMIC. You are very strong, stronger than us."
"Without Zhongxin paving the way ahead, how can Bingxin enter? Mr. Zhang, you need to warm up your old bones a little more." Fang Zhuo said.
Zhang Rujing was silent for a few seconds. He wanted to ask something but kept it in his mind. He just said, "I'll do whatever you want."
"Okay, Mr. Zhang, I'll wait for you to come and have a drink." Fang Zhuo said with a smile.
Zhang Rujing did not talk more, knowing that Mr. Fang must be very busy now, and planned to talk in detail when they met. Now, one step forward for Bingxin is a step forward for the mainland semiconductor industry. What's more, this time it is ahead of Intel and Taiji, which is really exciting.
It was not until the car arrived home that Fang Zhuo had time to take a look at the news from Qualcomm.
"Oh, Chen Fuyang is still good. He really did it. Congratulations to him."
Secretary Liu Zonghong then said, "Mr. Fang, the latest news from San Francisco is that the Ninth Circuit Court has ruled that Qualcomm is not suspected of monopoly. The Ministry of Justice has decided to file a final lawsuit and is discussing with Apple to submit a 'petition for certiorari' to the Supreme Court. They said that there are almost no accidents and they will definitely go to the Supreme Court, but now Qualcomm has replaced its CEO..."
"Schroeder called you just now but couldn't get through, so he called me to ask whether to proceed with this process or to have new negotiations with Qualcomm's new CEO."
Qualcomm has replaced its CEO, which is something the legal department has not considered, so there are now two directions.
Fang Zhuo said lightly: "It has come to this point, let's continue. Qualcomm is still Qualcomm even with a new CEO. After all, I have talked to Cook before, so it's not a good idea to forcefully withdraw at this time."
Liu Zonghong hesitated for a moment and did not talk about Chen Fuyang's attempt to seize power.
Fang Zhuo probably knew what the secretary was thinking, and added: "Let's not talk to Chen Fuyang with words, let the competition and facts do the talking for us."
Liu Zonghong nodded, understanding that the boss was determined to stab him to the end, even if blood sizzled out.
The phone still didn't stop ringing.
Both Fang Zhuo and Liu Zonghong received interview requests from the media, including official media. After receiving responses, they sent over the prepared questions.
Fang Zhuo first went up to the room and took a look at Fang Xiaoman who was already fast asleep. Then he took a quick look and felt that there was nothing new. He just needed to answer normally when the time came.
Before he could chat with Su Wei for a few words, Liu Zonghong, who was still dealing with various information in the living room on the first floor, reported two more pieces of news.
In addition to NVIDIA, which acted quickly, Yike and Bingxin have received inquiries from AMD, MediaTek and other companies, showing great interest in the world-leading 16nm process technology.
Also, just late at night, a senior executive of Taiwan News spoke on Twitter and informally commented on the ice core breakthrough.
"Ice Core's development of 16nm is a huge disruption to the existing industrial chain division of the global semiconductor industry!"
"Bingxin gave up 20nm, and its risky research and development in 16nm cannot prove the maturity and stability of the process!"
Fang Zhuo looked at the news on Twitter and laughed for a second. Before he could say anything, his phone rang again, and this time it was from Apple's Cook.
"YiKe's amazing 16nm is amazing!" Although Cook had already digested the sudden news, he still expressed his shock at the beginning of the call.
"Okay, Cook, I've recorded it and will send out Apple CEO's comments on Yike products later." Fang Zhuo said with a smile.
Cook was shocked, and for a moment he didn't know if he was joking.
"Just kidding." Fang Zhuo laughed.
Cook was still unsure whether it was a joke, so he changed the subject and said, "Yi Ke's Mars 8.8 is destined to be a big hit."
"Oh? We have just started pre-sales, we need to wait and see." Fang Zhuo didn't have time to pay attention to the data.
Cook was silent for ten seconds, then said helplessly: "Apple's official website has seen an unusual refund and return curve, which suddenly climbed at the time of Yike's press conference..."
It's obvious that many consumers want to change their gifts before Christmas.
"Thank you for your powerful evidence." Fang Zhuo expressed his gratitude.
"The reporter just talked to me on the phone and said we will do our best to ensure the delivery of 16nm next year." Cook said tactfully, "We will see how the situation develops."
Depending on the situation, Apple can jump from Samsung manufacturing to Taiji manufacturing, and naturally it can also jump to Bingxin manufacturing. However, Cook understands that this generation of Yike must dominate the market and it is impossible to allocate production capacity to Apple or Samsung.
"We have decided to continue to appeal Qualcomm's monopoly," Cook said, speaking about a theme of the call.
He knew that there seemed to be a connection between Mr. Fang and that Chen Fuyang, and he had already prepared his thoughts on how to persuade him. He did not expect to hear a response as soon as he finished speaking.
"So do we." Fang Zhuo replied.
Cook digested the answer, thinking about the rising curve of refunds and returns, thinking about Yike's products that were destined to be big sellers, thinking about Mr. Fang's reply, and said humorously, "Okay, then keep moving forward and keep improving."
Fang Zhuo accepted the recognition from his competitors and responded with a slogan mentioned by Cook at the press conference last month: "Ok, Bigger than bigger."
(End of this chapter)
RBCT