Chapter 384: Qualcomm Goes Bankrupt (First Update)

In the next few days, Lin Xiaotong and Xiao Jun were tired of being together.

A week later, Xiao Jun returned to Shenzhen, and Lin Xiaotong went back to prepare for her national tour concert.

Galaxy Technologies' corporate headquarters.

Xiao Jun was looking at his report in the office.

This is a report for the most recent quarter of neutrino communications.

"Mr. Xiao, our neutrino communication technology has covered more than 130 countries and regions around the world. Only some backward countries and the earth are still waiting to introduce our technology. Now, neutrino communication technology has become the mainstream communication method in the world. Su Ci reported on the side.

"Well, yes, how much does our communication profit make in a year?" Xiao Jun asked.

"Conservative estimate, one trillion!" replied Su Ci looking at some of the information in his hand.

"A trillion, that's good. Xiao Jun nodded. That's profit, not turnover. All costs are removed.

And this profit will rise year by year.

Although more than 130 countries and regions have introduced neutrino communication technology.

However, at present, only more than 70 countries have used neutrino communication technology, and the remaining 60 countries and regions are installing neutrino communication technology equipment. Most are not expected to be fully operational until next year. This batch is the third batch of countries and regions to introduce neutrino communication technology.

Anyway, neutrino communication has been deeply rooted in the hearts of the people.

It is a great communication technology.

Take your aerospace technology as an example, in the future, the communication method in space will definitely use neutrino communication technology!

Because this technology communicates well, there will be no communication interruption, and its propagation speed and distance are very ideal.

"Mr. Xiao, we now have strong financial resources, do you want to enter the real estate industry?" Su Ci suddenly asked.

"Real estate? I'll talk about that later, I'll think about it. Xiao Jun said lightly.

In the real estate industry, to be honest, Xiao Jun is not very interested. He likes to engage in technology!

Real estate, now for him, is already a traditional industry.

Now there are several domestic real estate giants, and it is estimated that it will be difficult to suddenly enter.

His goal now is to bring down a group of opponents first!

…………

Qualcomm Corporate Headquarters.

Board Chamber.

All the directors were present today.

They were still bare-necked, but everyone could see that their faces were desolate.

"Ladies and gentlemen, Qualcomm has come to this day, and it has reached a point where it is powerless. I also didn't expect that Qualcomm would face bankruptcy when it came to me. Neutrino communication has become mainstream, and radio communication has been phased out in both developed and developing countries, leaving only a few poor countries still using it. We lost more than 80% of our royalty income. And the chip industry, which we are proud of, has reached the point where two chips can't be sold......" Chairman Yorick said expressionlessly.

"We owe a lot of money to the bank, and we are being called on every day. Our funding chain broke a year and a half ago. I tried to raise money several times, but unfortunately the company was not able to get up. In the end, we fought hard and joined forces with Apple to fight back, but unfortunately we failed......"

"We made four redundancies, but to no avail...... Our company is losing money every day. The company's stock has fallen to the point where it cannot be saved......"

"The US imperialists are also extremely disappointed in us, and they can't think of any good way to help us!"

None of the directors had the heart to listen to this stuff. Their Qualcomm has been broken for a year and a half, and it has been holding on for a year and a half, which is already good.

Many companies can't last half a year, or even a month!

"Now, I declare that I am filing for bankruptcy!

Soon, the voting ended.

With 30 votes to 4, the majority of directors were in favor of bankruptcy.

Because, this company is hopeless!

can only choose to go bankrupt, otherwise, their board of directors will lose all their coffins!

"Okay, starting today, our Qualcomm officially declares bankruptcy!

Two o'clock in the afternoon.

Chairman Yorick appeared at the press conference.

"Hello everyone, I'm Jorick, chairman of Qualcomm, and because Qualcomm is already in debt, it's almost to the point where there is no business to take over...... So our board of directors unanimously decided to declare bankruptcy!"

"We at Qualcomm have been trying to turn the situation around in the past two years, but unfortunately we are really powerless. I didn't want Qualcomm to go bankrupt, but I did my best. Thank you for your continued support to Qualcomm......"

Click-click-click......

Various flashes.

All kinds of sighs, all kinds of shock and consternation.

"Oh, sell melons, isn't it? Qualcomm finally couldn't hold on and declared bankruptcy?"

"Alas~ a generation of old hooligans has finally gone bankrupt. ”

"The former radio overlords are now bankrupt. It's really thirty years in Hedong and thirty years in Hexi. ”

"Don't you have any connections?"

"Hehe, Broadcom didn't even want to take over the market? Didn't it want to buy Qualcomm a few years ago? It was rejected. U.S. imperialism also strictly forbade Broadcom from acquiring Qualcomm. Now Broadcom is not even making a move? This is their chance. ”

"Hehe, now Broadcom is difficult to protect itself, and dare to buy Qualcomm?"

"No, in the communications industry and the semiconductor industry, there should be a large and small crisis as a whole, and there is only one reason, Galaxy Technology is their number one public enemy!"

"Alas, I have to say that the Galaxy Technology Company is blowing up my God, one company is challenging dozens of companies! Now it has finally bankrupted the giant Qualcomm. you out of the bank!"

"Who will be next? Intel, Broadcom, Apple, Samsung, ......?"

At the scene, many media reporters were embarrassed.

An hour later, the news of Qualcomm's bankruptcy spread around the world in an instant!

Media outlets large and small have reported on it.

US Imperialist Business Daily: Sadly, Qualcomm, a generation of radio communications giants, declared bankruptcy today! This is the end of an era, and this is the loneliness of an era. This is the last elegy for radio communications......

Global Economic News: Shocked! Qualcomm's generation of communications giants has finally collapsed. This is the loneliness of an era and the collapse of a rogue patent company. I don't know if it's sad or happy.

This also announces that radio communication technology will officially retire from the stage of history, and neutrino communication technology will reign in the world! And it will be Galaxy Technology Company that will replace Qualcomm!

Qualcomm's customers and partners included the world's leading manufacturers of mobile phones, tablets, routers and systems, as well as the world's leading wireless carriers. Adhering to the consistent spirit of innovation and relying on technological innovation and progress, Qualcomm continues to lead the evolution of 3G, 4G and 5G wireless technologies, promoting the development of the wireless communication industry while enabling advanced wireless digital technologies to better benefit mankind.

According to iSuppli statistics, Qualcomm became the world's largest supplier of wireless semiconductors for the first time in the first quarter of 2007 and has maintained this leadership position ever since. Its Snapdragon Mobile Intelligence Processor is an industry-leading, all-in-one, full-range mobile processor with high performance, low power consumption, true-to-life multimedia, and comprehensive connectivity.

However, it is such a legendary company that has been cut down by Galaxy Technology! It is because of a neutrino communication technology and because of the super mobile phone chip of Galaxy Technology......

Once Apple and Qualcomm were inseparable, now Qualcomm is bankrupt. I don't know if Apple is happy or sad, I think Apple has a feeling of cold lips and teeth......

China Economic Weekly: A few days ago, Qualcomm declared bankruptcy. We owe the bank $30 billion! US imperialist ZF has approved Qualcomm's bankruptcy, and the subsequent debt treatment will be taken over by US imperialism......

All of Qualcomm's properties will be auctioned off in six months......

This is the end of an era!

This is the beginning of Huaxia communication industry standing on the top of the world!

The collapse of Qualcomm has left all employees of Qualcomm unemployed.

Many communications talents have been outflowed.

There is no way, now many high-achieving communication students want to jump into Galaxy Technology.

But Galaxy Technology Company will not accept foreigners, and Xiao Jun will not raise those communication talents!

I have a lot of talents in Huaxia!

Besides, the core technology does not need to be studied at all, and it can be taken directly from the top student group.

…………

Galaxy Technologies, Inc.

After many executives saw the collapse of Qualcomm, they were happy for the company, after all, a competitor finally went out of business.

Xiao Jun was not very surprised to see this news, to be honest, Qualcomm has been able to hold out until now, and he feels very admired by the other party.

"Mr. Xiao, congratulations to Mr. Xiao, Qualcomm has collapsed, and our communications industry has become the world's hegemon. Su Ci came over to congratulate.

"Yes, that's good. However, we must not rest on our laurels, we must continue to research the second-generation neutrino communication technology, make the neutrino communication technology more advanced, and make its classmate technology best applicable to the future interstellar era!" Xiao Jun said lightly.

"That's a must-drop. Su Ci nodded. Although she knows that the current neutrino communication technology is invincible in terms of network speed and signal. But she knew her boss wasn't satisfied. We want to make neutrino communication faster, stronger signal, and farther propagation!

This is in line with the development direction of the communication era!

The collapse of Qualcomm also makes many semiconductor companies feel a little sad.

Because they are now bullied by Galaxy Technology and can't hold their heads up, they don't know when they will follow in the footsteps of Qualcomm......

Their sense of crisis is absolutely complete.

Especially Samsung, Apple, Intel, Micron, Hynix...... and dozens of other semiconductor-related companies.