Chapter 305 Bruce’s Angry Roar (1/2)
Xing Hai Technologies actually became a major shareholder of this high-tech company. This was a very astonishing event, which led to many discussions on the internet.
”A few years ago, Botong Corporation planned to acquire Qualcomm. It quoted a price as high as $130 billion. However, it was coldly rejected by Qualcomm. But now, it has so joyfully accepted the acquisition by Xinghai Technology and sold itself very cheaply. So the bride price can be so drastically reduced if the groom is handsome?”
”He used 80 billion to buy up 40% of the shares. Isn't that too cheap?”
”Xing Hai Technologies got a steal; it has the rights to freely use tens of thousands of communication patents. Of course, Qualcomm is not a loser in this scenario either. It is climbing upwards via this big tree called Xing Hai Technologies. The benefits for Qualcomm will far exceed the shares it has sold.”
”It's kind of out of the nature of Xing Hai Technologies to do this. It has a good partnership with Hua Yao. Now Hua Yao will be upset.”
”Hua Yao: Hey hey, we were having such a joyful time just moments ago. You grew to be suspicious of me in the blink of an eye. You're so bad. I'll hammer your chest with my little fists.”
”Hua Yao: Yesterday, you called me 'sweetheart' too. But you've changed your tune today by calling me 'Madam Hua.' What a heartless rat.”
”Hua Yao: Hey hey, please don't leave me. We must continue to be each other's angels.”
Netizens started creating many spoofs of this incident. It was originally only typical business news. But with the sensationalizing done by a few old hands, the news suddenly radiated a filthy vibe all around. Of course, public opinion generally believed that Xing Hai Technologies' decision was wise. It directly inserted itself in the huge communication industry with very little cost.
Some commentators even pointed out that Qualcomm gave up 40% of its shares at a price significantly lower than its market price. It was an attempt to hold onto the sturdy support of Xing Hai Technologies. It seemed to have the intention of then using the power of Xing Hai Technologies as support to jointly seize Hua Yao's market share. The intention... One had to admit this move by Qualcomm was very sinister.
Of course, Hua Yao also inferred this point. Therefore, on the day when Qualcomm and Xing Hai Technologies announced that they reached a strategic cooperation, the mobile phone in Ling Jundong's pocket immediately rang. He received a call from Zhao Ming, the CEO of Hua Yao.
He could hear that Zhao Ming was majorly pissed. He blamed and rebuked Ling Jundong over and over. ”CEO Ling, this is such an important thing, why didn't you discuss it with us first? Even if you didn't want to discuss the matter with us, you should at least have let us know in advance! You have settled on a partnership with Qualcomm without a peep, causing rumors and speculations to abound on the Internet. There were even claims that Hua Yao and Xing Hai have broken off collaboration. It's not that I'm concerned about these malicious speculations, but everyone involved is a Z company. We must be united and cannot let outsiders see us as jokes.”
”I'm sorry, CEO Zhao, I am very sorry.” Ling Jundong repeatedly apologized. ”We were inconsiderate. Indeed, we really should have given you a heads up in advance, but we didn't pay much attention to this issue. It was neglectful of me to do so. I apologize again.”
The flames of Zhao Ming's anger flared even higher. ”How can such an important thing be overlooked? Xing Hai Technologies can collaborate and partner with any company, Hua Yao will not interfere. But we must pay attention to the impact on the internet, and we must pay attention to our unity! What's more, Xing Hai Technologies is the founder of the Star Alliance and the Xing Hai Computer Alliance. Your company is a leading ally. How can you ignore this issue?”
Ling Jundong repeatedly said, ”Yes, yes, yes, unity. We, Z country enterprises, must unite!” He promised, ”We will not commit such mistakes again. Xing Hai Technologies must abide by the obligations of the leading ally and never destroy our unity!”