The shareholders' meeting is coming to an end, but the atmosphere is a little weird.
Because in the voting just now, those little-known companies suddenly jumped out to support Wells. By coincidence, the combined voting rights in their hands and Wells's total exceeded 34%.
The company's articles of association stipulate that the reorganization of directors at the shareholders' meeting must be approved by shareholders representing more than two-thirds of the voting rights before it can take effect.
Wells only has 34% of the voting rights and cannot make decisions, but he has no problem wreaking havoc.
No matter what you propose, I will veto it and there is nothing you can do about it.
The chip manufacturers all looked very ugly. They glared at the representatives of those companies and walked away.
Outside the headquarters, reporters saw them appearing and approached them for interviews.
The representative of Weida Company who was greeted with a smile before the meeting and cooperated with the interview is now leaving with a sad face.
Everyone realized that Wells might be able to turn the tide and keep his position.
The chip manufacturer left, and the company¡¯s press release officer appeared in front of reporters to announce several pieces of news.
"The company has reached an agreement with Hantang Investment. Hantang Investment will acquire ARM's abandoned 6-inch silicon wafer production line for $210 million."
"ARM's processors, pops and architecture are licensed to Kirin Semiconductor. The specific licensing fees and royalties will be announced after detailed negotiations."
"The company plans to establish a design center with more than 200 people in China,"
Two of the three days of news from the Information and Development Department officer were related to the Han and Tang Dynasties and China. Kirin Semiconductor Company has never heard of them. It is estimated that it is probably related to China.
Because the word Qilin represents China in the eyes of Westerners.
They guessed right, Kirin Semiconductor Company is the company registered by Yi Xiaohai.
The media were shocked and were speculating whether Wells had reached some agreement with Hantang, otherwise why would he suddenly announce such news.
But it¡¯s not over yet, the arm press release officer once again released breaking news:
"The contracts of many chip manufacturers such as Veda are about to expire. The ARM board of directors is considering charging more than 5% of the royalties while the licensing fee remains unchanged"
As soon as this news came out, it caused a stir.
Arm¡¯s royalty is 2%-3%, and now it is 5%. The cost of chip manufacturers will be greatly increased. Everyone knows that this is Wells¡¯ revenge.
"It's just that the media doesn't quite understand why Wells is so restless.
¡°Now that the company¡¯s internal conflicts have not been resolved, and the stock market crisis has not been resolved, he has announced a high-profile increase in royalties, which will hurt the enemy a thousand times and hurt himself eight hundred.
Because when those chip manufacturers increase costs, they may also cause ARM to lose the market.
?????????????????????????????????????????????????????????????? and the war between ARM and chip manufacturers is tantamount to ARM's internal conflicts that cannot be adjusted, which is likely to lead to a stock crash.
It¡¯s so unwise.
When the media couldn¡¯t figure out what Wells was going to do, ARM¡¯s stock price did not fall, but the stock prices of chip manufacturers headed by Weida began to dive.
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Before the ARM shareholder meeting ended, news was spreading in stock markets in the United States, Europe and other places that Wells would keep his position and retaliate against chip manufacturers.
Because there is no official news coming out, stock investors are wavering and don¡¯t know whether to believe the rumors or not.
When Wells announced the news of raising royalties, many people sold without hesitation. Before them, investment institutions had already sold on a large scale in the market.
The stocks of chip manufacturers fell sharply.
If it were just Arm's retaliation, their stocks wouldn't have fallen so badly. The main reason was that some people were taking the lead in selling, and retail investors who didn't know why followed suit.
The short-term decline was very large, and chip manufacturers rushed to take remedial measures, but to no avail.
Because the Han and Tang Dynasties had already begun to prepare, the option market, stocks, and funds were attacking them at the same time, and it was difficult for them to resist.
The Internet crisis has not yet dissipated, the market is in a slump, and the news about ARM is bad. If a wealthy person like Han and Tang makes a move, it will be fatal.
Chip manufacturers¡¯ stocks fell across the board, and they gave up resistance.
If life forces you, then enjoy it.
This is probably their mentality at this time. They cannot resist, so they might as well accept their fate.
They hit rock bottom long ago, and now it¡¯s just another experience, nothing more.
¡¡
At ARM headquarters, Wells and Thatcher are staring at those chip factories.The stock price of ?? made me happy.
Because the company¡¯s investment department gave Hantang a sum of funds, they also personally spent a large sum of money, all of which was used to short-sell chip manufacturers.
The company and them have made a lot of money at this time, so they can take revenge, and they are naturally happy.
¡°Boss, someone has started short selling our stock.¡±
At this time, the head of the company¡¯s securities department told Wells that someone in the financial market was shorting arm again.
"Hahaha, those chip manufacturers are eager and want to take this opportunity to drag us into the water."
"Then what should we do?"
"Hold still!"
¡°Boss, with all due respect, if we don¡¯t resist, our stocks may also fall to the bottom.¡±
"The stock has fallen, and there is a chance to buy it back,"
Wells had long expected that chip manufacturers would hit ARM's stock price.
He hopes those people will retaliate and suppress Arm's stock so that he can buy it at a low price.
The company and he should have made a lot of money in the Han and Tang Dynasties. They used the money earned from shorting the stocks of chip manufacturers to acquire ARM stocks that the chip manufacturers had worked hard to suppress.
Wells felt that this feeling was really wonderful.
He is very powerful and used his own methods to trick chip manufacturers, but he seems to have forgotten the existence of Han and Tang Dynasties.
Probably because Yi Xiaohai is too talkative, he has some misunderstandings about Yi Xiaohai.
It may also be that Yi Xiaohai is too young and harmless to humans and animals, so he automatically ignores that Yi Xiaohai is a person who has walked through strong winds and waves.
How could Yi Xiaohai be harmless if he could bring the Han and Tang dynasties to their current scale?
Welles will never know,
He thought he was in control of the situation, but in fact it was Yi Xiaohai who really controlled the situation. He was just a pawn of Yi Xiaohai.
The chip manufacturer, him, and the company are all just Yi Xiaohai¡¯s meal.
Just when ARM¡¯s stock fell, the media jumped out again and forced the drama.
They stated in the report that Wells¡¯ revenge was not due to impulsiveness, but because the chip manufacturers were too greedy.
Because there is information that shows that chip manufacturers drove away Wells because they wanted to form an alliance to monopolize ARM technology, increase the technical barriers to the industry, and form a monopoly.
Wells did not allow such a situation to occur and made a counterattack.
¡°And the media added fuel to the fire, saying that those chip manufacturers couldn¡¯t see the existence of such a company in Yinggeleng and deliberately wanted to destroy ARM.
A large number of Yingge Leng people also joined the army of short selling chip manufacturers, which really surprised Yi Xiaohai.
But their enthusiasm accelerated the implementation of his plan and better hid the Han and Tang Dynasties. (Remember the website address: www.hlnovel.com