I’m in Hollywood Chapter 690: Will not give up

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Hearing the Eric question, Irving Jacob did not know how to answer it for a while.

Although Qualcomm has been reluctant to authorize CDMA technology, but so far, there is not even a large-scale CDMA equipment manufacturer worldwide. In the case of GSM equipment manufacturers blooming all over the world, even Nokia with strong production technology accumulation is almost caused by the rapid expansion market demand to collapse the supply chain, not to mention the Qualcomm, which is almost inferior in terms of equipment production capacity.

Actually, Qualcomm has its own communication equipment and mobile phone factory, but most of the equipment produced in that factory is only used to meet the testing needs of CDMA technology. Nokia also has its own supply chain to 'collapse', Qualcomm The factory does not even have a complete component supply chain, and often only purchases a small number of components according to demand. This situation simply cannot support large-scale CDMA equipment production. It is conceivable that if the situation continues, even those large telecom operators intend to choose CDMA as their mobile communication technology standard, but if there is not enough CDMA communication equipment to build a mobile communication network, they will definitely turn to GSM technology again. camp.

Seeing Irving, Jacob not speaking, Allen, Salmasi sitting next to him eagerly and actively explained: "Eric, the difficulty of manufacturing communication equipment is mainly the design and development of core chips. In this regard, Qualcomm already has very mature products. As long as the CDMA technology can be promoted, Qualcomm can not only quickly build factories for equipment production in a short period of time, but also entrust communication equipment manufacturers for product OEM. "

Eric nodded with a smile and did not raise an objection. The main reason why he said the words just before was that he wanted to elicit Allen · Salmasi's remarks at this time.

It is not a fake to burn money for technology research and development, but it is actually the construction and operation of the equipment manufacturing plant that is more burned. The 420 million USD funds originally obtained by Nokia from Firefly and the profits in the past two years have basically been invested in its factories Of the expansion. The main business of Qualcomm more than ten years later does not have the production of communication equipment and mobile phones, but mainly focuses on patent licensing and chip research and development. These Eric are known, but at this time, Qualcomm is guided to go this way but does not Not in the interest of Firefly, because if Qualcomm does not involve the field of product manufacturing. There is no need for large-scale equity and debt financing, and it is difficult for Firefly to obtain a large number of Qualcomm shares with capital advantage.

By communicating at the dining table, both parties have roughly determined their respective intentions.

After lunch, Eric, Chris, Kelly brought Owen · Jacob and Allen · Salmasi to the study together. The two sides also officially opened up.

Eric handed an equity document to Irving · Jacob and Allen · Salmasi, saying: "I have noticed Qualcomm since last year, and I am very optimistic about CDMA technology. During this time, Firefly has successively absorbed 2.1 million shares Qualcomm Stocks, we will report to the SEC and Qualcomm Board of Directors in the near future. Here, in order to show the sincerity of the cooperation of Firefly, so let us know this matter first. "

Owen · Jacob and Allen · Salmasi just opened the document symbolically and looked at it. Then they looked at each other and could almost see the disappointment in the other party's eyes at the same time.

Qualcomm has long been aware of someone ’s large-scale purchase of Qualcomm stocks from the recent abnormal fluctuations in the company ’s stock price. Board of Directors and management originally thought that someone had obtained CDMA technology and was about to be determined as a technical standard by large telecommunications operators. 'Inside information', so I will take the opportunity to enter the market and want to make a big profit after the relevant facts are made public. Qualcomm originally issued only 30% of the outstanding shares, so Board of Directors did not worry about losing control of the company, but was rather excited by this speculation and made some related preparations for this.

I did n’t expect the answer to be revealed suddenly. The facts have nothing to do with the original guesses. CDMA has not been 'initiated' by any telecommunications operator. The disappointment of the two can be imagined.

However, after a short period of disappointment, Irving · Jacob and Allen · Salmasi remembered the identity of Eric again, and his mood improved. At least, it is not a stock speculator who secretly buys Qualcomm stocks, but a billionaire such as Eric who is really interested in Qualcomm. As long as he can spare no effort to use his capital and influence to help promote CDMA technology, Qualcomm has a It is likely to get rid of the current predicament.

of course. Although he has been focusing on technology research and development, Irving Jacob will never naively believe that the 2.1 million stocks already held by Firefly can satisfy the appetite of Firefly. This equity only occupies 10.5% of the total share capital of Qualcomm, he said: "Eric Since Firefly has done so much preparation work, I think you must have a detailed plan? "

Eric nodded and said, "So far, no large telecommunications operator has adopted CDMA technology as the technical standard of its mobile communication network. This is the main dilemma faced by Qualcomm. Firefly can be used as much as possible. The network resources, media channels and capital advantages in hand help Qualcomm to promote the CDMA technology. However, at the same time, Qualcomm also needs to immediately solve the problem that it cannot produce CDMA equipment in large quantities, I do n’t want to see Firefly spend a lot Efforts have made operators accept CDMA technology, but because CDMA equipment cannot be supplied in time, they are transferred to the GSM camp again. Therefore, I suggest that Qualcomm start planning to build communication equipment and mobile phone factories from now on. "

Compared with Owen · Jacob, which is devoted to technology research and development, Allen · Salmasi is more focused on the actual management of Qualcomm. I heard the first half of Eric ’s words. I was just a little excited because of the second half of Eric. Distressed, the jack said: "Eric, we have not considered it in this respect, and have done detailed research. According to the original research results, we just built a factory with an annual output of 1 million CDMA mobile phones. The total investment is 80 million USD. No way, uh ... "

Speaking of which, Allen · Salmasi noticed that Eric smiled at himself, suddenly realized what he was doing, stopped the words, and smiled awkwardly.

Eric did not mind Allen · Salmasi interrupting himself, and continued with a smile: "I know that Qualcomm must not be able to fund the construction of the equipment factory, but this money can be paid by Firefly. Frankly, Firefly helps Qualcomm promote CDMA technology, and hopes to get enough returns. Therefore, I hope to increase the proportion of Firefly's shareholding in Qualcomm through capital injection. "

Owen Jacob has just realized this and asked: "Eric. How much money does Firefly intend to inject into Qualcomm?"

Eric said easily: "According to what Allen just said, a mobile phone factory needs to invest in 80 million USD, and Qualcomm must also build a CDMA base station equipment factory at the same time. This investment is also considered as 80 million, which is 160 million. It ’s just two The investment of each factory is definitely not enough. Qualcomm still needs to establish a component procurement and product marketing system. Then, this expenditure is calculated as 200 million USD. According to the current stock price, Qualcomm probably needs to issue 10 million shares to Firefly. "

Under the Jacob heart consider as finished, additional 10 million stocks will be issued, and the total share capital of Qualcomm will be expanded to 30 million shares. The 2.1 million shares already held by Firefly will increase the share of Qualcomm to 40%. Although it has not achieved a controlling share, Firefly will also become the first largest shareholder who is important to Qualcomm.

In order to create Qualcomm, Owen · Jacob invested almost all of his net worth, but after many years of financing and the 1992 IPO, Owen · Jacob has less than 1% of Qualcomm stock, as long as Qualcomm can continue to survive Going forward, Irving Jacob doesn't care much about the company's equity changes. He also knows that Firefly can't get enough equity, and he will definitely not try his best to help Qualcomm promote CDMA technology, considering a moment. Nodded and said: "Eric, I don't object to your proposal, but when it comes to stock issuance, this matter will be decided by Qualcomm Board of Directors."

AT-T ’s announcement to join the GSM camp has cost Qualcomm more than half of its potential North America market. If companies such as Verizon and Sprint also choose GSM, Qualcomm will only have one way to go through bankruptcy and liquidation. Firefly will bet 200 million USD on Qualcomm at this time. If it fails, 200 million USD is equivalent to playing in the water. Eric believes that Qualcomm Board of Directors should understand that Firefly does this. It is equivalent to indicating that the entire Firefly system will spare no effort to promote the CDMA technology of Qualcomm. Although the final capital injection plan will be adjusted, the possibility of Qualcomm Board of Directors rejecting the Firefly capital injection is very low.

Looking at the watch, Eric said: "Then, Irving, Chris and Kelly will be responsible for the next specific affairs. I hope to hear the good news from Qualcomm as soon as possible."

Owen · Jacob just wanted to say, I felt the shoes were kicked lightly by Allen · Salmasi, and I immediately remembered the plan discussed by the two of them yesterday, saying: "Eric, Allen and I have another copy here Scheme, I hope you can take a look. "

Eric nodded, took the documents that Irving · Jacob pulled out of his briefcase, read it carefully, and then passed it to Chris and Kelly next to him.

Irving · Jacob and Allen · Salmasi were concerned with the three people in the mood, and they were very worried that Eric would directly refuse this plan.

After waiting for a while, both Chris and Kelly read the information, and then just looked at Eric, and did not make any suggestions. Involving the huge plan of 4billion USD, after all, Eric still needs to make an idea in person.

Eric thought for a while, and said: "I think this plan is a bit idealistic."

Owen · Jacob and Allen · Salmasi heard the words Eric, and their heart strings were all loose. At least, Eric did not reject this proposal on the spot.

Eric did not know what the two were thinking, and continued: "You must know about the lawsuit for the segment C license. The reason for the lawsuit is very absurd, but it can still delay the auction of the segment C license for a long time. From this point on, It can be seen that the incumbent telecom operators will not allow those small and medium-sized telecom companies to develop at all. Even if we buy all the segment C licenses, the final rental users should still be AT-T and other telecommunications giants, and may be in the segment C licenses. Before the auction, these mainstream telecom operators have already determined the technical standards, so this solution has little significance for the promotion of CDMA. "

Owen · Jacob and Allen · Salmasi realized that Eric did not say anything to death, and waited patiently for the following.

Eric also did not sell the key, said: "However, this plan can be used as our last move. If the mainstream telecom operators do not choose CDMA technology, Firefly can start this plan and win all the C segment. License, and then acquire a telecommunications operator. Build a CDMA communication network by yourself. ”At this point, Eric looked up at the two and smiled:“ Of course, the premise of all of this. Or our cooperation can be successfully reached this time, otherwise Firefly is No money will be wasted for CDMA technology. "

Allen · Salmasi suppressed the mood and asked: "Eric, you mean, as long as Qualcomm accepts the capital injection of Firefly. Do you agree to implement this plan?"

Eric shook his head and smiled: "I just said that this will be the best move for Firefly. If you become a major shareholder of Qualcomm, Firefly will first choose to promote CDMA technology to established telecommunications operators such as Verizon. Only Firefly will only start this program when these mainstream operators do not accept CDMA. "

After hearing the words of Eric, Owen · Jacob is far more excited than Allen · Salmasi. CDMA is the brainchild of his ten years. In any case, Owen.Jacob hopes that CDMA can continue. Rather than being silently squeezed to death by GSM and other technologies: "Eric, can I understand that, as long as Firefly becomes a major shareholder of Qualcomm, you will never give up CDMA technology?"

Eric nodded without hesitation, even though GSM is really dominating the world, the technology will still be upgraded one day. previous life ’s WCDMA, TD-CDMA and other 3G communication technologies cannot eventually bypass the CDMA standard, so Even if CDMA is temporarily lost in this industrial upgrade, it is profitable to win the Qualcomm with a large number of CDMA patents.

Owen Jacob is still a little uneasy. Tao: "Eric, I mean, can Qualcomm get the written endorsement of this promise from Firefly?"

"Yes," Eric nodded again.

"So." Owen · Jacob stood up and extended his hand to Eric who also got up and said, "I will give you good news as soon as possible."

......

The two of Irving and Jacob were sent away. It was already evening.

Eric returned to the glass curtain wall in the villa and sat down, looking at the magnificent sunset and seascape outside the curtain wall. Chris asked: "Eric. Are you really planning to use 4billion USD to buy all the C licenses?" >

Eric took the freshly filled coffee from Kelly and laughed: "I said, this is the last resort plan. Instead of buying a segment C license, I would like to use this 4billion USD to buy Verizon or Any of Sprint. "

I heard that Eric mentioned the topic they were talking about before the arrival of Irving Jacob in the morning, Chris said: "I am afraid that this matter is not easy. Compared with high-cost equity financing, the old telecom operators are more Tend to debt financing. However, at present, these two companies have huge demand for funds, so your idea is not impossible. If you are sure to do so, I will start this work as soon as possible. "

Eric nodded decisively: "Just talk to them according to the 4billion USD capital injection. As long as you can get the shares of the two companies, I do n’t mind losing some money in the price."

Chris smiled and said: "4 billion is too difficult, they are willing to accept the Firefly 2 billion USD capital injection."

4billion USD is equivalent to 40% of Sprint ’s shareholding. Even for Verizon, which is twice the size of Sprint, 4billion USD can win 20% of Verizon ’s shareholding. Eric also understands the difficulty. . "

Talking, Drew and Emily came in a big bag, carrying a bunch of things in the same hands as the twins behind them. Obviously, the two women should go shopping for goods in the afternoon.

Hula came over, Emily looked at her boyfriend in surprise, put down the convenience bag in his hand, and explained: "These are Drew things Oh, but I only bought a few pieces, all in the car Here. "

small girl immediately dismantled the stage with a grin and said, "Yeah, yeah, just a few pieces, maybe a bit big. The rear compartment and the rear seat are full."

Taking a few words of humor with each other, Chris with Emily intends to get up and say goodbye.

Eric did not retain them. When they were sent out of the villa, when the two of them got on the bus, they asked, "When do you plan to return to New York?"

Chris did not answer, just looked at Emily.

Emily explained: "Victoria’s Secret has been in the Los Angeles shoots commercial recently. In addition, Cindy will also participate in the Golden Globe Award award ceremony. We will probably wait for Golden Globe Award before leaving."

Eric said: "How come Golden Globe Award only invited Cindy · Crawford alone?"

"Golden Globe Award originally wanted the five of them to present the best soundtrack award together, but then we also received an invitation from the Oscar committee, hoping that the five of them would come together on stage. Between Golden Globe Award and Oscar, we will of course choose the latter Yes. Then Golden Globe Award stepped down to ask for second place, and only invited Cindy. "

Emily said, got in the car, then came out and said: "Oh, Eric, if you are free in the past two days, help me see the effect of the Victoria’s Secret commercial, we are in Firefly movie The city will do later. "

"No problem, I will probably be there over the past few days, you can contact me at any time."

The two of Chris were sent away, and Kelly also took the initiative to leave and returned to the villa. small girl got into the room to test the results of today ’s shopping. Eric sat on the sofa near the curtain wall and carefully combed today in his mind. everything of.

The sun sinks completely into the sea, and the light gradually dims.

I do n’t know how long it has passed. I feel a slender figure of tall and slender coming quietly. Eric looks up and looks at the beautiful white of Natasha, beckoning her to turn on the nearby lights.

Natasha walked quietly to the wall and turned on the light, and said softly: "Master, dinner is ready."

Eric nodded, just got up, remembered one thing, and asked: "What package did Chris bring me in the morning?"

Natasha said: "The bookcase in the living room has been collected."

"Send to the study after dinner."

"Uh." (To be continued.)