【Global Internet Reports】 According to San Diego’s “United Tribune” reported on November 16, the retired Qualcomm co-founder Jacobs said that Qualcomm’s board of directors refused to accept Broadcom’s 103 billion US dollars acquisition offer is correct, and hopes that Qualcomm The long history of wireless technology inventions can continue.
Earlier this Wednesday, in an interview before the 50th anniversary of the University of San Diego in the United States, Jacobs said that Broadcom’s takeover bid made him overwhelmed.
He said, "I saw this news in the newspaper and was as shocked as everyone else. I think the board made the right decision. Our company has a bright future."
On Monday, the board of directors of Qualcomm categorically rejected Broadcom's offer and stated that it “substantially underestimated the value of Qualcomm.” With the expansion of cellular technology in smartphones, automobiles, medical equipment and other industries, Qualcomm’s development prospects are very good.
When the 5G network is fully rolled out in 2019, Qualcomm will also make a profit. The industry believes that Qualcomm is a leader in 5G technology and aims to provide fiber-optic Gigabit speed wireless devices. Qualcomm has developed 5G technology for nearly a decade.
Jacob said: "In the past few years, Qualcomm has invented many things and promoted the development of cellular technology globally. Qualcomm still has a lot to do and hopes that it will not be interrupted by Broadcom."
Broadcom said that despite Qualcomm’s rejection of the offer, Broadcom is still interested in the acquisition of Qualcomm, and (acquisition) can prepare for the dispute with the hostile board of directors next year. (Internship Compilation: Wang Xiongfei reviewer: Li Zongze)
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