We're building a super chaebol in Hong Kong
#259 - Chairman of the Board of Directors, Intel
“What development strategies does Intel have next?” This was Su Cheng's question.
Now, he is Intel's largest shareholder, and also the controlling shareholder, so he is qualified to ask.
“Previously, our main focus was on processors and storage. We also dabbled in the research and development of complete computer systems, but our competitiveness was not strong, and we couldn't compete with companies like IBM and HP. Therefore, our business volume in this area was relatively small, and given Intel's current situation, there's no need to continue investing in complete computer systems, so we've basically abandoned it.
Now, these leading technologies that we were once so proud of have become extremely outdated. However, our development strategy remains unchanged. Chips are the foundation of Intel. Whether it's processors or electronic storage, they are among the most important products in the chip industry. Only by continuing down this path will we one day become the king of the chip industry!”
The speaker was Intel's current CEO, Gordon Moore.
However, Su Cheng strongly agreed with his words.
Intel in later generations continued to develop in the semiconductor field, and its development strategy was basically inseparable from semiconductors. Coupled with the world's top technical talent, they have always been one of the leading companies in this field.
“What is the current situation of Intel?” Su Cheng asked curiously.
What he was asking about was not Intel's performance in the stock market, but the actual situation of the company.
The original leading technology has now become outdated, so the company certainly cannot maintain its previous state.
“Except for a very small number of orders for which we have already received payment, we are continuing to prepare goods. We have now stopped production of the vast majority of products. In the laboratory, many products have also terminated further research and development. Overall, the vast majority of employees are in a state of unemployment. In the current situation, we dare not squander the company's remaining funds,” Gordon Moore said helplessly.
Intel is different from large companies such as IBM and Texas Instruments. Its size is extremely small. Even though it has already surpassed many information technology companies in processor and storage technology, the company's turnover is not high, and its profits are not high either.
After all, in this era, there are too few users of products like computers. People who don't understand programming have no interest in computers at all. How many people understand programming?
Therefore, don't think that Intel has a great reputation in the industry, but its assets are not high.
This is also the reason why Intel's market value in the stock market was so low before.
A big reputation is useless; you still have to look at your financial statements.
With an annual turnover of only one or two hundred million US dollars and a profit of only tens of millions of US dollars, and then immediately taking these profits to continue investing in the development of new products, there is basically no dividend. How can the stock price be high?
“The authorization of Oracle Computer's technical data requires you to personally negotiate with Mr. Yang Chaoye. I will not participate in this matter. I know that you are currently very eager to obtain this technical data, so the sooner the negotiation is successful, the sooner you can research the next generation of products,” Su Cheng said after taking a sip of cola.
Intel, after all, is an American-funded enterprise and is subject to government supervision, so Su Cheng cannot invest too much here.
Moreover, he has also told Yang Chaoye about the technology. Even for Intel, the technical data should be authorized step by step. It is impossible to let them easily obtain Su Cheng's technology all at once.
Because this is the beautiful country, and Intel is also a listed company, it cannot be completely controlled by Su Cheng.
Then, let them negotiate first!
The longer it drags on, the better.
Of course, Intel is now considered half of his industry after all, and the time to ultimately obtain the technical data will definitely be earlier than IBM and HP.
“I have already made an appointment with Mr. Yang Chaoye. The time for the negotiation has not yet been decided because Mr. Yang Chaoye is still busy,” Gordon Moore said helplessly.
“Mr. Su, all the members of our board of directors have come to the company today. At 3:30 this afternoon, we will hold a board of directors chairman election meeting. We would like to recommend you to serve as the chairman of Intel's board of directors. The original chairman has lost all of his equity, so he has now voluntarily submitted his resignation. This position is currently vacant, and now only you can serve as the chairman of the board of directors of Intel!”
On the other side, Robert Noyce, who had not spoken for a long time, said with a smile at this time.
Su Cheng holds 57.75% of Intel's shares, but apart from the group of people from Tianyuan Investment Company, no one else knows.
Because Tianyuan Investment Company initially held Intel shares through multiple accounts, if Su Cheng does not take the initiative to announce it, or if a large force does not spend energy to investigate, no one will know that Su Cheng's shareholding ratio has actually reached a terrifying 57.75%.
And now, the number of shares that Su Cheng has publicly announced is only 28.67%.
This shareholding number is enough to serve as Intel's major shareholder.
Of course, there are reasons why these three want to support Su Cheng as the chairman of Intel's board of directors.
First of all, Su Cheng promised that he would not interfere with Intel's management.
Secondly, Su Cheng now holds the semiconductor technology they need most. If Su Cheng serves as the chairman of the board of directors, then their relationship will be closer, which will also help them obtain the technology of Oracle Computer.
Finally, even if they don't recommend it, Su Cheng can easily succeed in the election if he wants to serve.
After all, the stock ratio of most of the company's shareholders is not high now. Even if they unite to jointly resist, they may not have as much as the 28.67% that Su Cheng has announced.
Therefore, doing a favor and recommending Su Cheng to serve as the chairman of the board of directors is a very good idea.
“Okay, but even if I serve as the chairman of Intel's board of directors, it's just a nominal position. I can't manage the board of directors, and I usually won't be in this beautiful country, because my industries are basically in Xiangjiang, so I can't spend too much energy here!” Su Cheng said with a smile.
This is exactly the chairman of the board of directors that Gordon Moore and others need. What they fear most is that the chairman of the board of directors will use his power to interfere with the company's management.
And if Su Cheng takes on the role, this kind of problem will not occur.
After all, Intel was created by these few people themselves. It can be said that they have watched it grow all the way, so they certainly cannot easily release management rights.
It is precisely because of this that the position of CEO of Intel was monopolized by the three of them until 1998.
And 1998 can be said to be the peak period of Intel.
You'll Also Like
-
All heavens return
Chapter 619 2 days ago -
Naruto: A pair of hands of gods and ghosts at the beginning
Chapter 266 2 days ago -
The first genius of American manga
Chapter 392 2 days ago -
Marvel's strongest warden
Chapter 448 2 days ago -
Konoha's Black Absolute Rebirth
Chapter 54 2 days ago -
Am I doing something wrong while playing games in another world?
Chapter 216 2 days ago -
Harry Potter Raven's Claw
Chapter 651 2 days ago -
I don't believe in the will of fire
Chapter 259 2 days ago -
HP Approaches the Magic World
Chapter 918 2 days ago -
My elf is a beautiful girl
Chapter 229 2 days ago