Chapter 368: Qualcomm and Apple’s Collaboration

Chapter 368: Qualcomm and Apple's Collaboration

At the time when Galaxy Games Company was in full swing for technological upgrades and market expansion.

Qualcomm, one of Galaxy Group's competitors, is getting sadder every day.

Now, apart from Huaxia, many other countries and regions have started to use neutrino communication technology.

This led to a sharp drop in Qualcomm's patent market, and their chips and so on could not be sold.

Duke, the president of Qualcomm, walked out of the board meeting with a lonely expression on his face.

He was holding a document in his hand, which contained some lists, yes, it was a list of layoffs! It's the second layoff. This is Qualcomm's helpless approach.

Now Qualcomm is suffering every day!

Most of the Huaxia market was lost half a year ago. By now, it was all lost.

As for the international market share, whether it is chips, patents, etc., most of them are also lost.

The culprit of all this is Galaxy Technology Corporation.

Galaxy Technology's chip technology and neutrino communication technology are forcing Qualcomm to breathe.

"If this continues, the company will either be acquired or go bankrupt." Duke's heart is heavy. He never thought that Qualcomm would be forced to this point one day!

Back in his office, he called his right-hand assistant over.

"Nick, distribute this list to various departments." Duke said to his right-hand man Nick.

"Uh, Mr. President, our company is going to lay off employees again?" Nick looked at the document in his hand with a look of shock.

"Yes, there is no way, we have been losing money for more than a year. Our company has not only broken funds, but also owed a whole lot of debt to the bank. Employees' wages have to be paid again... Now we can only carry out the second layoff " Duke said bitterly.

"Nick, if you think the situation is not good, you can choose to change jobs." Duke said lightly. The other party has been with me for five years, so it can be regarded as a little affection.

"No, I will definitely believe that Qualcomm will make a comeback!" Nick said in a deep voice.

"It's up to you. By the way, how is the cooperation between the technical department and Apple going?" Duke asked.

"The feedback from the technical department is that it has been researching and developing with Apple for three months, and it is getting better. I believe there will be new results in the second half of the year."

"Very good, then we'll see if we can win the round this time." Duke said worriedly.

That's right, because Galaxy Technology has put too much pressure on Qualcomm, it is the pressure of bankruptcy. So Qualcomm had to seek a small partner for cooperation. Because Qualcomm has been developing it for a long time, it is still able to develop a technology that can surpass the Galaxy T2 chip. So look for Apple to cooperate.

Apple is also under a lot of pressure at present, and the Galaxy S1 mobile phone of Galaxy Technology Company is vying for the high-end mobile phone market all over the world.

The current sales of Apple mobile phones in the Chinese market have dropped to a terrifying 75% compared to the original. The international market also dropped to the point of 10. This is a very bad sign.

How long has the Galaxy S1 mobile phone been on the market? In just a few months.

Apple can still accept the loss of 10 in the international market.

But the loss of 75% of the market share in the Chinese market made Apple very distressed. You must know that the sales of Apple mobile phones in China occupy the first place in the global market share.

Now it directly lost 75% of the market share, what a big loss.

In fact, the reason why the Galaxy S1 mobile phone sells so well makes all Chinese people abandon Apple and use Galaxy mobile phones.

Second, during these days, Galaxy Technology Company has always been a conscientious enterprise, making various donations.

Netizens on the entire network are promoting such domestic companies and do not support them. Who do they support?

Therefore, it is the first time that Apple mobile phones have encountered such a huge sales decline.

Now the biggest rival of Apple mobile phone is Galaxy Technology Company.

On the other hand, Qualcomm is also the same, so Qualcomm and Apple have joined forces.

They teamed up to use the most powerful scientific and technological personnel of both parties to develop an awesome chip, in order to surpass the Galaxy T2 chip on the chip, and immediately launch a new mobile phone, in order to kill the Galaxy S1 mobile phone. Restore the market downturn.

This is Apple's wish. Of course, Qualcomm mainly produces chips and wants to save the market in this regard.

So of course the two hit it off, and immediately gave up the relationship between the original enemies, and instantly became good friends.

And the US Emperor is also happy to see this situation.

The next day, Qualcomm announced a second layoff.

U.S. News: Shocked, Qualcomm has now announced its second layoff after layoffs a few months ago. According to the company's official website announcement, a total of 5,000 employees will be laid off this time. Qualcomm's staff has shrunk...

Over the past year, Qualcomm's stock has been in a downturn, and many stockholders have been unable to sell their stocks. It has been reduced to a terrible level...

Now Qualcomm is a dying frog, and it is being boiled in warm water by Galaxy Technology, and it does not know when it will die!

Not only that, Qualcomm's transfer in other fields also failed. It's really worse!

If it continues like this, it is very likely that it will go bankrupt. At that time, a generation of chip giants will disappear on the stage of history...

As soon as the news of Qualcomm's second layoffs came out, American netizens were in an uproar.

How many family members of employees working at Qualcomm are worried, wondering if their family members will be laid off.

Anyway, now Galaxy Technology Corporation is the number one enemy of many companies.

Because this company has made it difficult for more than a hundred companies, large and small.

As for the companies that are indirectly affected, it is estimated that there are at least hundreds or thousands.

US Emperor Weekly: A few days ago, the sales of Apple mobile phones in China continued to decline. In the past, when Chinese people bought high-end mobile phones, nine out of ten people would buy Apple mobile phones, but now seven out of ten people choose to buy Galaxy S1 mobile phones. Of the remaining three people, only two and a half people will choose to buy Apple mobile phones. The remaining half of the people bought Huawei's high-end flagship machine...

Not only that, the Galaxy S1 mobile phone of Galaxy Technology Company has opened up a certain situation in the international market. I believe that in the coming year, it may gradually erode the international high-end mobile phone market.

Apple and Qualcomm are really hard brothers now.

I have to say that the media on the side of the US emperor are very powerful, and they are tit-for-tat, and they suddenly look down on companies in their own region as if they hate iron but steel.

Anyway, now Apple's stock is also continuing to fall, of course not as cool as Qualcomm. But it also evaporated 50 billion dollars!