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Chapter 769 Qualcomm's New Business

"Actually, Americans still like to consume ahead of time. If we can reach cooperation with financial companies and issue loans, maybe someone will be willing to buy them."

"The mortgage is not good, not to mention that the loan is bad now, it is impossible to package a VCD appliance into a financial product no matter what. Unless it is like Fuso, it is a large amount of real income!" Orens and his son always have some suggestions, but one of them made suggestions, and the other raised objections, and the father directly refuted his son's suggestions.

"It seems that the only way to use the final killer weapon!" Boss Jia sighed.

"What trump card?" The father and son looked at Boss Jia curiously.

"Don't Sony's VCD be sold for $1,200 per unit? We will only sell $600 per unit. I believe many Americans can accept this price!" said Boss Jia.

"Of course this will sell better, but the most important thing is that the demand for vcds in society has not yet been formed. When everyone has a video recorder, no one will be willing to spend another $600 to replace a vcd."

"Demand can be created. I want the audience to understand that the video recorder is already an outdated playback prop. VCD is the most fashionable and flash thing. Whoever can own a VCD will be at the forefront of the times and become the trendsetter of the times!" said Boss Jia.

"Then this is a pretty royal way to promote a product, but in this way, we may consume a lot of money on various TV advertisements, newspaper advertisements, etc., and we will be afraid that profits will not even be able to make back the publicity costs."

"Not afraid, I have two huge publicity points in my hands, each of which can trigger the national hot spots. As long as these two hot spots are detonated one after another, our fame will be shaped!"

"Two huge publicity points!" Orens and his son looked at each other. They didn't know what the two huge publicity points mentioned by Boss Jia were.

"Forget it, you will know then. Now you can start by selling Daqian vcd at the price of 800 US dollars per unit, and you can sell it in various channels under our jurisdiction!"

"By the way, the light and shadow supermarkets in this major city must be built together, and there is no delay! We must ensure that customers can immediately get a large amount of VCD resources to use after buying Daqian VCD."

"Yes!" Orens and his son nodded. Although it was a bit troublesome to build a light and shadow supermarket, it was not a difficult task. Just spend some money, that's it.

Very well, the meeting was over, and Boss Jia immediately set off for New York, which is the headquarters of Boss Jia's US Priority Foundation and is also the most secret stronghold of Boss Jia in the United States.

However, the situation of the US Priority Foundation is not very good. Although US Priority has successively invested in Nvidia, amd, Marvel, Qualcomm and other companies, none of these three companies can turn losses into profits. The worst thing is that Qualcomm has lost another US$30 million in total market value, which also means that the US Priority Economic will lose more than US$15 million.

On the other hand, although the US Priority Foundation still has a lot of spare money, according to the order that Boss Jia's Apple's stock price will immediately be carefully eaten. The remaining US$200 million of the US Priority Foundation finally became about 10% of Apple's stocks. The US Priority Foundation actually became Apple's third largest shareholder.

But no matter what Apple does, its stock price has never risen sharply. The revenue of the US Priority Foundation has basically maintained a balance of revenue and expenditure. If the fund's daily expenses are included, the fund will undoubtedly lose a lot of money.

When Boss Jia suddenly visited, Harry Potter was a little shocked. He really didn't receive any news about Boss Jia's coming.

However, Harry Potter is not like a guy who takes advantage of the opportunity of his leadership and squanders his money. On the contrary, he is a pretty good agent. Although he has not made any money, the entire foundation is organized and without any confusion.

"On behalf of the foundation, you go to Qualcomm to announce that we have to hold some board meetings!" The boss didn't hide it and directly told his purpose straight to the point.

"Go to Qualcomm to hold a board meeting? What is the purpose?" Harry Potter asked carefully.

"It's not a special purpose, I just hope that Qualcomm can open a branch!" Boss Jia said with a smile.

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The board meeting of Qualcomm's board meeting was held as scheduled. After all, it was a board meeting held by the largest shareholder. If you don't come, once a decision is formed at the meeting, it will not have any relationship with you. This is definitely not possible.

So, except for some shareholders who really can't catch up, the rest of the shareholders have basically collapsed.

"Mr. Harry Potter, let's just tell me what your purpose is today!" Chairman Albert said very calmly.

"It's very simple. I'm not satisfied with Qualcomm's current development speed. I hope Qualcomm can add new growth points to drive its own performance growth, so Qualcomm needs to develop a new business!" Harry Potter said loudly.

"Develop new business?" Everyone looked at each other. They thought the foundation had some capital operations. Unexpectedly, they started to do the company's operations seriously.

"I don't know what new business it is?" Albert asked again.

"I think the Internet is developing very rapidly now. There are already two network communication companies in the United States. With our Qualcomm's reserves in network technology, we also have no technical problems in establishing a network communication company. Isn't this a good decision?" Harry Potter smiled.

"Internet Communications Company!" The shareholders of several companies, especially those founders' scientists and shareholders, began to look at each other. In fact, they themselves did not consider the plan to establish a network communications company, but they just felt that the company was too expensive. With Qualcomm's current cash flow, it would definitely not support the operating expenses of an network communications company.

"Mr. Harry Potter!" Albert organized his own language and tried hard to make him sound less stiff, and then said, "Your idea is very good. We can also see the potential of an online communication company. It is just an online communication company that requires at least one or two billion US dollars to build it. Qualcomm really can't afford so much money!"

Albert thought that Harry Potter would give up without saying anything, but what he didn't expect was that he seemed to laugh even happier, "No money?"

"It doesn't matter if you don't have money! I have money!" Harry Potter said with a smile. "If you are just out of money concerns, don't worry, I will pay the money, and the company doesn't need to pay a penny. Of course, everyone will also calculate this part of the additional shares issued!"

"I will issue you additional shares!" Qualcomm's people were startled. If the equity in Harry Potter's hands increased, the total shareholding ratio would have exceeded 70%. They would have no say in front of Harry Potter.

"We think we need to consider carefully. This matter is not urgent. It is better to hold a few more meetings of all engineers..." Albert said with a move to drag the word.

"Don't drag it around for me!" Unexpectedly, Harry Potter saw through their plans at a glance, and then said, "If you don't want me to pay for additional shares, then this company can be established by me as a sole proprietorship, but high school only becomes the nominal controller of this company, and I control the 100% equity of this new company!"

"At the same time, Qualcomm must provide all the technical support needed without any doubt, without any politeness, without any concealment!" Harry Potter finally said, "This is my last suggestion, otherwise I will exercise the right to force voting to see who got more votes!"

When Harry Potter said this, other people naturally had nothing to say. Since Qualcomm itself does not need to spend a penny of funds and only provides some capabilities and technology assistance, it doesn't matter.

In fact, the company just feels a bit bloated. Many people are now a little cumbersome, but it is not good. They are directly fired and are now just thrown into the new company, which can be regarded as a major problem for the company.
Chapter completed!
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