Chapter 259 Chairman of the Board of Directors of Intel
What is Intel’s next development strategy?
This is Sioux City’s problem.
Today, he is the largest shareholder of Intel, and he is also the controlling shareholder. He is qualified to ask.
“Previously, we focused on processors and storage, and we were also involved in the research and development of complete computers. However, we were not very competitive and could not compete with IBM, HP and other companies, so our business volume in this area was It is relatively small. With Intel's current situation, there is no need to continue investing in complete computers, so we have basically abandoned it for now.
Today, these leading technologies that we were originally proud of have become extremely backward, but our development strategy remains unchanged. Chips are the foundation of our Intel. Whether it is processors or electronic storage, they are all chips. One of the most important products in the industry, as long as we continue on this path, sooner or later, we will be the king of the chip industry! ”
The person who spoke was Gordon Moore, the current CEO of Intel.
However, Sioux City strongly agreed with his words.
Intel in later generations is exactly what he said. It has been developing in semiconductors, and its development strategy is basically inseparable from semiconductors. With the world's top technical talents, they have always been one of the top leading companies in this field.
"What is the current situation of Intel? "Su Cheng asked curiously.
What he asked was, of course, not Intel's performance on the stock market, but the company's true situation.
The technology that was once leading has now fallen behind, and it is certainly impossible for the company to maintain its previous status.
“Except for a very small number of orders for which payment has been received and we continue to stock up, we have now stopped the production of most of our products. In the laboratory, many products have also terminated their continued research and development. Overall, the vast majority of employees are unemployed, and under the current situation, we dare not squander the company's remaining funds at will," Gordon Moore said helplessly.
Intel is different from large companies such as IBM and Texas Instruments. It is extremely small. Even though it is ahead of many information technology companies in terms of processor and storage technology, the company's turnover is not Not high, and the profit is not high either.
After all, in this era, there are too few users of products such as computers. People who don’t know programming have no interest in computers at all. How many people can know programming?
Moreover, the competition in the semiconductor industry is also great, such as Hewlett-Packard, IBM, Fairchild Semiconductor, Storage Technology Company, etc. You can imagine how fierce the competition is.
The market is small and competition is high. This is the current state of the semiconductor industry.
The president of Texas Instruments gave up the development of semiconductors for the same reason.
Unfortunately, those who look down on the semiconductor industry are destined to regret it.
So, despite Intel’s great reputation in the industry, its assets are not high.
This is also the reason why Intel’s previous market value in the stock market was so low.
Being famous is of no use, it only depends on how good your financial statements are.
The annual turnover is only one to two hundred million US dollars, and the profit is only tens of millions of US dollars. And it turns around and uses these profits to continue to invest in the development of new products, with basically no dividends. How can the stock price be so high?
“The authorization of the technical data from Oracle Computer requires you to negotiate with Mr. Yang Chaoye in person. I will not participate in this. I know that you are very anxious to get these technical data, so negotiate early. If it succeeds, we can research the next generation product sooner." Su Cheng took a sip of Coke and continued.
Intel is, after all, a US-funded company and is subject to government supervision. It is impossible for Sioux City to invest too much here.
Moreover, regarding technology, he also told Yang Chaoye that even Intel would have to authorize technical data step by step, and it would not be possible for them to easily obtain Sioux City's technology all at once.
Because this is a beautiful country, and Intel is still a listed company, it cannot be completely controlled by Sioux City. Then, let them negotiate first!
The longer you delay, the better.
Of course, Intel is now half of his industry, and the final time to obtain technical information will definitely be earlier than IBM and HP.
"I have made an appointment with Mr. Yang Chaoye. The time for the negotiation has not been decided yet because Mr. Yang Chaoye is still busy." Gordon Moore said helplessly.
"Mr. Su, all members of our board of directors have come to the company today. At 3:30 in the afternoon, there will be a board chairman election meeting. We would like to recommend you to serve as chairman of the board of directors of Intel. The original board of directors Because the chairman has lost all his equity, he has now taken the initiative to submit his resignation. This position is currently vacant. Now you are the only one who can hold the position of chairman of the board of directors at Intel!"
On the other side, I have not spoken for a long time! Robert Noyce said with a smile at this time.
Su Cheng holds 57.75% of Intel's shares, but except for the people at Tianyuan Investment Company, no one else knows.
Because Tianyuan Investment Company used multiple accounts to hold shares in Intel, if Su City did not take the initiative to announce it, or if the big forces did not spend the energy to investigate, no one would know about it. Cheng's shareholding ratio actually reached a terrifying 57.75%.
Now, the shareholding number announced by Sioux City is only 28.67%.
This number of shares is enough to serve as Intel’s major shareholder.
Of course, there is a reason why these three people want to support Su Cheng as chairman of Intel's board of directors.
First of all, Su Cheng promised that he would not interfere with Intel's management.
Secondly, Su City now has the semiconductor technology they need most. If Su City serves as the chairman of the board of directors, their relationship will be closer, which will also help them obtain the technologies of Oracle computers.
Finally, based on the number of shares held by Su Cheng, even if they did not recommend it, Su Cheng could easily succeed in the election if he wanted to take the position.
After all, most of the company's shareholders today do not hold a high proportion of shares. Even if they unite to boycott, they may not necessarily own as much as the 28.67% announced by Suzhou City.
So, it is a very good idea to be a favor and recommend Su Cheng as the chairman of the board of directors.
"Okay, but even if I serve as the chairman of Intel's board of directors, it is only a temporary job. I can't control the board of directors. I usually won't be here in the beautiful country, because my industry is basically In Xiangjiang, you 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 relies on his own power to make irresponsible remarks on the management of the company.
If Su Cheng takes responsibility, this kind of problem will not arise.
After all, Intel was founded by several of them. It can be said that they have watched it grow all the way. It is certainly impossible to release management rights easily.
It is precisely because of this that the position of Intel CEO was monopolized by the three of them until 1998.
And 1998 can be said to be Intel's peak period.
(End of this chapter)