Super Tycoon

Chapter 822: Chairman of Chaowei Eagle Weida

Zhang Yang came to Silicon Valley this time to attend the shareholders meeting of Chaowei Eagle Weida. And at this shareholder meeting, a big event will happen. Jerry Sanders, the founder and helm of AMD Semiconductor, is finally retiring.

Jerry Sanders sat at the head of the long table, looked at other shareholder representatives, and sighed.

In fact, he planned to retire a few years ago, and his health is not as good as it is every year. Isn't it good to retire and enjoy life? There are still so many female models waiting for him, and so many parties to attend.

However, AMD and Eagle Weida merged. He was worried that the selected person would not be able to overwhelm the market, and Jason Huang would take away all the rights, so he continued to serve as the chairman.

Of course, it was also related to Zhang Yang's unintentional competition for the position of chairman at that time.

In the past two years, Chaowei Eagle Weida has made great strides. Originally, in 2007, the share of CPU and GPU increased rapidly, and even CPU once approached 50%.

But in 2008, it went downhill again, because Intel launched a series of low-end CPUs for netbooks.

The netbook is the notebook product with the fastest growth in the past two years, and even many companies' netbooks are selling much faster than business office notebooks.

If it hadn't been for the introduction of the APU by Chaowei Eagle Weida, I am afraid that the share would have fallen below 40%. How can the market share that has been increased with great difficulty fall again?

And last year, Chaowei Eagle Weida's solution business also went downhill. Many of their customers went bankrupt last year. Sanders didn't expect this kind of thing before.

As a shareholder representative, Jason Huang questioned his work at the board meeting in the fourth quarter of last year, and then proposed to let Sanders retire.

Fortunately, it was Zhang Yang who said something that made Sanders not dismiss midway through get out of class.

This year also coincides with the term of office. After this meeting, Jerry Sanders will officially retire and withdraw from all management positions. He will only be an idle shareholder and a nominal consultant.

"Cough cough." Jason Huang coughed and reminded Sanders, what are you still insisting on? You haven't held a meeting to announce your decision to retire?

The face has already been given to you, if you don't know the fun, it will become even more embarrassing.

Jerry Sanders sat up straight: "Everyone, today is Chaowei Eagle Weida's first shareholder meeting this year. There are many important issues at this meeting. But before that, please allow me to resign as chairman job."

The other shareholder representatives had been notified a long time ago, so they didn't show any surprised expressions. Instead, they politely said that Sanders should take a break after dedicating himself for so long.

"So the first topic of this shareholders' meeting is to elect a new board member, especially the new chairman. As a shareholder representative, I nominate Zhang to be the chairman."

"I won't introduce Zhang's resume. Everyone should be familiar with him and know that he has been the richest man in the world for two years. Moreover, he is so young and has advanced thinking. The APU developed under his leadership has opened up new markets for the company. .”

"Other shareholders, do you have any new nominations for the chairman? No? Then let's vote with a show of hands. I agree with Zhang becoming the new chairman of Chaowei Eagle Weida."

Sanders was the first to raise his hand, and all other shareholder representatives also raised their hands. The voting rights here have already exceeded half, and it will naturally take effect.

Sanders stood up,

Sitting on the vacant seat next to him, he made a please gesture to Zhang Yang. Zhang Yang was also polite, got up from the side, and sat on the main seat.

"Everyone, since you all choose to support me as the new chairman of Chaowei Eagle Weida, I also promise to lead the company to a higher level."

"The next topic is to select the new board members. All shareholder representatives can nominate them."

Not surprisingly, except for Sanders' resignation from the board of directors, the previous board members continued to serve, and Pan Xiaoming, president of Greater China, was added as a director.

"I remember that Sanders carried out company restructuring before. At that time, because APU research and development entered a critical period, some business restructuring was not thorough."

"This year, I hope to completely complete the reorganization, and the subsidiaries will coordinate and cooperate with each other to make progress together. Can you take charge of this matter, Jason?"

Jason Huang immediately stated: "No problem, I will definitely complete the reorganization as soon as possible to take the company's business to a higher level."

"Very good. Then move on to the next topic, which is to increase the cost of APU technology research and development. This is one of our fastest growing products. The company has also received a lot of orders recently, and there will be more orders next year."

Next year, more companies will produce tablet PCs, and the APU developed by Chaowei Eagle Weida is the first choice for all manufacturers.

In fact, when Apple started to make tablets in the previous life, most people chose the ARM architecture, but this life is different. ARM is definitely not the opponent of Chaowei Eagle Weida.

This issue was also quickly passed. It was nothing more than the increase in R\u0026D expenses. When Zhang Yang said that only an increase of 200 million US dollars was enough, no one objected.

Jason Huang is not interested in these issues. He is more interested in whether the company's management will change. For example, will the two co-CEOs become one?

The heavy burden of the company's business reorganization has been entrusted to him, so it should be no problem, right? But it is not certain, after all, he is not young.

"Our goal this year is to get more than 45% of the CPU market share, and next year it will reach 50%. I have a habit of not falling behind others in anything."

"GPU I hope to suppress ATI this year, occupy more shares, and continue to erode Intel's share. I entered the field of engineering chips before, and the development is mediocre. I hope to go further this year."

"This matter, Jason, can you promise to complete it?"

Jason Huang was full of bitterness. Next year, he will fight against Intel. The share of GPU and the field of engineering chips will also increase. This is too difficult.

If it's a job, he's confident, but it's not just one job.

"I can guarantee that GPU suppresses ATI, and I dare not promise others."

Zhang Yang nodded, he has no responsibility at all, and still wants to be the only CEO? It's a difficult thing to do, but you have to show confidence.

"Highgate, you are in charge of surpassing the CPU, are you confident?"

"Yes!" replied Hector Ruiz loudly. He thought that after Zhang Yang took over, his co-CEO position would be lost.

Now that the other party has given him a chance, how can he give up?

"Okay, so that's the main topics of this meeting. Does anyone have any topics to raise?" Zhang Yang looked around, but no one said a word.

"Then let's end the meeting. Tonight, I arranged a banquet to thank Mr. Sanders for his dedication to the company over the years. Everyone, come here when you are free, and bring your girlfriends."

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