Chapter 334 The manifestation of status and influence

As the founder of Qualcomm.

Irving Jacobs only holds 0.13% of Qualcomm shares.

It's okay when shareholders' equity is dispersed.

Irving Jacobs can firmly control the communications company with the authority of the founder.

Once someone is really interested in the company and holds a majority of the shares.

The authority of the founder is useless, he can only act as CEO.

But the more important position of chairman had to be given up.

Fortunately, Qualcomm is in the darkest moment before dawn at this time.

Owen Jacobs didn't know yet that dawn was coming.

In this dark moment, someone is willing to come out to "save" Qualcomm, which is in the quagmire.

This person is so rich and has such a high status, so the founder is very happy.

Therefore, Owen Jacobs also supported Abel's appointment.

When Abel promised to inject more funds and gave himself a 30% salary increase among the company-wide salary increases.

Owen Jacobs was even less resistant to him.

In the conference hall on the top floor of Qualcomm headquarters, Irving Jacobs sat in front of Abel.

There are some documents placed in front of Abel, all of which are detailed information about Qualcomm and some confidential research directions.

In 1998, Qualcomm sold its mobile phone division.

Then he began to concentrate on researching semiconductor chips and various communication technologies.

Currently, Qualcomm has only three subsidiaries, namely Qualcomm Semiconductor Business (QCT) Department and Qualcomm Technology Licensing Business (QTL) Department.

The former mainly develops and produces wireless chip platforms and other product solutions. It is the birthplace of chips such as Snapdragon.

Qualcomm Technology Licensing (QTL) department is a famous patent troll.

The legal department of this subsidiary will be comparable to Disney in the future.

Its mission is to litigate lawsuits all over the world all day long, and the people it files lawsuits against are all giants from various countries, or simply the government of various countries.

It is also the sub-department within Qualcomm that spends the most money, apart from the R&D department.

The fines paid to governments around the world every year, as well as the legal fees paid to lawyers, are astronomical sums.

As for the last department, it's called Qualcomm Ventures.

This department was just established last year and is mainly used to invest in small high-tech companies related to communication technology.

The starting capital of this company was agreed to be US$500 million, but it has already been a year.

The funds actually invested were less than US$50 million.

When even the head office is short of money, how can Qualcomm get the money to invest in investment companies?

After reading these information roughly, Abel had an idea in his mind.

That is, since I have built Tesla in advance, I still want to promote the emergence of electric vehicles in advance.

Now we have Qualcomm, the most important core company for the future mobile Internet.

Why can't I bring about the mobile Internet era in advance?

In parallel time and space, the first year of the emergence of mobile Internet should be the official launch of 3G network.

But it really made mobile Internet popular and suppressed the old-timer Internet to death.

That should wait until 4g signals become more popular.

In this 2G era where the mainstream signal is still GSM/GPRS, 4G is still a bit far away.

But in the 3G era, Abel remembered that it was not too far away.

He remembered that China seemed to have 3G signals after 2008.

In this era where the United States is leading the trend.

Abel thinks that 3G in the United States should appear earlier than in China.

Thinking of this, Abel asked Owen Jacob softly.

"Owen. I remember that according to the standards in your industry, the mobile phone signal we are using now is considered the second generation, which is the so-called 2G, right?"

"Yes." Owen Jacob nodded, "There are many popular signal standards around the world, but they are all developed from TDMA and our CDMA technology."

Most mobile communication technologies have always been derived from these two types.

The first one that appeared was time division multiple access technology (TMDA). At that time, industry giants basically invested in this field.

The thief Qualcomm decisively researched CDMA (Code Division Multiple Access) technology.

It also takes advantage of the fact that all major giants are focusing on TDMA.

In the two years from 1989 to 1991, Qualcomm applied for almost all CDMA-related patents.

By the time the giants discovered it, Qualcomm had become the king of CDMA.

"It seems that the GSM signal is most used now?" Abel asked.

What Abel still remembers about the 2G era is the PHS and GSM networks.

PHS uses CDMA technology, which is licensed by Qualcomm.

As for GSM, Abel didn't know that it was actually the master of TDMA technology.

It was first proposed by Nokia and quickly promoted in Europe, and then globalized, becoming the most mainstream mobile phone signal today.

Nokia also relies on the patent of this technology and is now undoubtedly one of the world's mobile phone overlords.

"You can say that." Owen Jacob said softly: "But I believe that our CDMA is the real future of mobile communications!"

Abel nodded. He was actually concerned about his next question——

"I have read relevant information. I know that the next generation of mobile communication technology is called 3G. Owen, what I want to ask is, when do you think the 3G era will arrive?"

Owen Jacob's answer surprised Abel.

The Qualcomm founder said: "It is already on its way. Starting this year, Verizon Communications, AT&T, and T-Mobile, these three companies have begun laying 3G network base stations."

"So fast?" Abel was surprised.

He knows these three companies, they are the three giants in the US mobile communications industry.

Their status is the same as that of China's mobile, unconnected, and untrusted telecommunications companies, except that in the United States they are also private companies.

"Yes." Owen Jacob smiled:

"It is expected that network testing will be available at the end of next year or early 2003. If all goes well, 3G signals will appear on federal lands after 2003."

The news revealed by Owen Jacob immediately made Abel realize——

Mobile Internet 1.0 is coming!!

There is no need for him to push it, in the face of profit and competition from competitors.

The three major mobile communications giants in the United States are more active than anyone else in promoting its arrival.

Abel couldn't help but feel a little lucky. No wonder his talent allowed him to control Qualcomm within this year.

Wait until next year, when the three major mobile communication giants in the United States realize that 3g is ahead of 2g.

The advantages of cmda in 3G will make everyone understand the value of Qualcomm.

That's when the cesspit will begin to transform into a gold mine.

Acquisitions will no longer be as difficult as they are now.

Abel couldn't help but breathe a sigh of relief, feeling a little happy at the same time.

He gave Owen Jacobs a few more words of encouragement.

At four o'clock in the afternoon, he left Qualcomm and went to Pacific Energy, which is still headquartered in San Diego.

After spending two hours at Taiping Energy Company.

He got on the helicopter directly on the helipad on top of the Pacific Energy headquarters building, left San Diego, and returned to Santa Barbara.

Two days later.

evening.

Beverly Hills, 812 North Bedford Road.

"Honey, how about this one?"

Abel was sitting on the sofa with his legs crossed and a laptop on his lap, reading the company's internal emails.

He raised his head and saw Anne Hathaway wearing a black double-breasted round-neck coat with white and black edges. She had a high ponytail on her head and a black velvet headband inlaid with pearls.
To be continued...