American Fortune Life

Chapter 1570: The best business relationship is not a friend, but an ally

Andy's ambitious acquisition of Qualcomm, and the various big cakes drawn, made Qualcomm stock holders including Blackstone, American Pioneer Group, Fidelity International Investment Fund, State Street Bank and Wellington Management Group. Institutions have chosen to be his allies,

At this time, the qualitative Qualcomm board is seizing various investments to better maintain their current leadership position in the company.

Through the acquisition of AMD ’s handheld device business, Qualcomm ’s board of directors hopes to pass on this. They can also provide investors with good services and will decide whether to support or reject the offer based on further developments in the future.

However, these behaviors are definitely welcome for Andy. After all, he did not buy Qualcomm in order to defeat it, in order to lay out the future, optimistic about the future development prospects of Qualcomm, in Monopoly on mobile chips.

And to do all of this, Andy, who doesn't know much about the semiconductor industry, naturally will not commit laymen to blindly command the insider, perform management cleansing, and let the company fall into turbulence and self-destruct the Great Wall.

Andy wants Qualcomm's management to be more capable! No one can stop his pace in joining Qualcomm's board of directors, coupled with the shares in his hands and the support of several large institutional shareholders, he has received more than 55 percent of the shares.

As the chairman of Qualcomm, there is no suspense, and the current Qualcomm board is just doing the final dying struggle.

This is also the so-called white knights who suddenly joined, giving them the courage to resist. When the board was pressured by the major shareholders to kick the son of the founder Jacob out, everything was doomed. .

The so-called "Don Quixote" plan is also Andy's ridiculous name for those white knights.

In his opinion, the disruption of several white knights, including General Electric, was like trying to kill Don Quixote on a windmill with a riding horse and a lance.

However, if the plan is to be implemented smoothly, it is necessary to carry out a comprehensive linkage. Whether it is the suppression of funds or the guidance of public opinion, it is especially important to build momentum.

Building momentum is the top priority, so that markets and investors in the dark cloud of crisis can be suspicious again and panic, in order to leverage the overall decline of US stocks. By then, you can push yourself and financial stampede!

This time, he not only has to complete the plan of holding more shares of Qualcomm, but also has to let those who attack him spit blood!

As for the possible financial panic, Andy didn't take it seriously. The investors who are still swimming in the stock market are all people who are good at travelling. Ordinary people have already been washed out of the market, not to mention that they will be successful. Bone dry ...

"Thank you very much for your support, both in the outside world and in the industry, many people are wondering why I suddenly chose to enter the semiconductor industry. After all, I am a person who is very amateur in semiconductor technology ..."

Andy sat in front of the computer monitor and looked at the heads of several large institutions holding Qualcomm shares in six small windows arranged in a row of video windows, smiling and talking.

"There are no special reasons, mainly because I am optimistic about the future of the semiconductor industry. I think that as the semiconductor industry slowly becomes more and more similar to traditional large industries such as steel and oil, the barriers to entry are high and the capital requirements are high.

In my opinion, with the development of chip technology, before that, several engineers fought alone in their garages. The romantic story of designing commercial chips will no longer appear, because it is impossible to use advanced technology without the support of funds. Without the use of advanced technology, it will lack competitiveness in the market.

For large companies, more and more capital is needed for advanced processes, which means that the risk of developing new products is also increasing. In the future, more and more companies will change the strategy in the market from desperately making new products and competitors to how to reduce risk and stick to it in the market.

This also indicates that the semiconductor industry will mature, which means that in the future, the cost of using advanced technology will become higher and higher, on the other hand, players in the market will be giants, and it is almost impossible for new players to challenge these giants. .

In the next few years, the semiconductor industry will usher in unprecedented mergers and reorganizations of companies to complete market share.

Qualcomm is a company I am optimistic about. To maintain a leading edge in future competition, it is not only necessary to have technology, but also sufficient ambition and strength to continuously strengthen itself, maintain a leading edge, and not be annexed by opponents. And I have the confidence and ability to lead Qualcomm out of the siege.

Of course, this also requires the few who are sitting to work with me to create the future. I believe that our future is extremely bright. When we occupy the market dominance, we can formulate industry standards according to our wishes. I I believe you should be very clear about what it means once we achieve this goal! "

In order to win over these allies who support themselves, Andy firstly and honestly expressed his thoughts and future plans to his allies. To put it bluntly, let his allies know that his Andy Smith didn't just rise up, but had a long-term perspective. Planning and strong ambitions.

And the heads of several investment institutions, when they heard Andy's words, one after another blinked their eyes and their expressions changed slightly. For these investment institutions, the continuous growth of the target company, the expansion of assets, and the surge in market value are undoubtedly fatal. Temptation.

As for whether Andy Smith is drawing a big cake, the six people present did not question, because Andy Smith went down this way, it is a process of acquisition and merger to strengthen his body, they will never doubt Andy Smith this habit Predatory sharks will switch to vegetarian food. They seem to have seen it. When Andy Smith really smoothed out Qualcomm, the semiconductor industry was able to set off a **** storm of mergers and acquisitions!

"Mr. Smith, please rest assured, we at Blackstone Group are very happy to work with you. If you have any needs, please speak up."

"Yes, Mr. Smith ..." ...

"Thank you, thank you for your support."

After hearing the expressions of the six allies, Andy smiled brighter and smiled at the crowd: "Dear everyone, please be assured that the first thing I do as chairman is to return overseas funds and perform shareholder dividends."

Nothing is more condensed than interest. With his words, the six people in the video all showed a smile on their faces. You know, Qualcomm ’s overseas fund distribution plan has been under the control of Jacob and his son when he was in power. Various reasons have been suppressed and deliberately ignored. Many investment institutions have long had opinions. However, Qualcomm has maintained rapid growth and its stock price has risen along the way. All dissatisfaction and contradictions have been temporarily suppressed.

With the advent of the financial crisis, Qualcomm's stock price has fallen all the way, and major investment institutions have also been affected by the financial crisis. They tightened their belts to live on, and their hunger for cash has reached an inexhaustible level, and they have been troubled by the dividends. At the same time, the investors and Qualcomm's management, Andy entered the market to make a hostile acquisition of Qualcomm, and proposed a plan to return dividends from overseas funds, which immediately met the concerns of these institutional investors.

In particular, Andy Smith's ability to make money has always been valued by these greedy investment institutions. For these investment institutions, who can bring them more benefits, who is the grandfather, not to mention, in order to win them, Andy even throws out a big pie that allows them to invest in their companies in the future, this is undoubtedly let The investment institutions that have long been jealous of Andy's high-quality assets are extremely excited.

You know, although many of Andy's companies have been established for a short time, almost every one has great potential. For example, mocking bird games company is almost as good as a money printing machine. Wall Street has long been jealous and anxious. It's time to grab a portion.

It was just that Andy Smith kept stumbling and letting go, everyone could only stand aside, drool, and watch. And now he loosely promised that he was willing to take them to play, for them this is the coveted good news!

"You guys, this connection with your videos is really a bit busy, and I need your help ..."

Andy's words just finished, the six people in the video window said in unison: "please speak"

"Oh, in fact, it is not a big deal. I hope that in a certain period of time in the future, you can sell a part of Qualcomm stock at the same pace as me!" , Said firmly.

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