1.ISS recommends Qualcomm elected four Broadcom recommended candidates, negotiated sale with Broadcom;
(Reuters) - Agency consulting firm Institutional Shareholder Services Inc (ISS) advised Qualcomm to negotiate a sale with Broadcom and advised Qualcomm shareholders in a report released late on Friday to vote for Broadcom joins four of the six board candidates nominated at the Qualcomm shareholder meeting on March 6. ISS is a consulting firm that recommends mutual fund, hedge funds and other large institutional investors how to vote for company matters.
Although this proposal does not comply with Broadcom's proposed nomination of 11 directors at Qualcomm, ISS said Qualcomm's selection of candidates will provide a valuable piece of advice for the March 6 deal, The board of four Broadcom nominees and seven Qualcomm directors will show 'flexibility on both sides'.
'For the moment, it is paramount that how to get the current Qualcomm board of directors to maximize its value in the negotiations.' In a report released late Friday, ISS suggested to Qualcomm shareholders to vote for Broadcom on March 6 Qualcomm shareholders will get the best service by letting both parties sit down to negotiate an agreement by four of the six director candidates nominated at the Qualcomm shareholder meeting, including Sami, the former president of Nokia Mobile Networks Group (MNBG) Samih Elhage, Julie A. Hill, owner of The Hill Company, John Hirth, managing partner of venture capital firm Black Diamond Ventures Kispert) and Harry L. You, president and CFO and director of GTY Technology Holdings Technology Holdings.
It is understood that Qualcomm plans to acquire the deal with Broadcom this Wednesday, mainly because of Broadcom boost the acquisition of the offer.Golden said the $ 121 billion of the price is still underestimated the value of the company. Qualcomm Board wrote a letter Told Broadcom that the company's valuation should be higher, especially because Broadcom's proposal underestimated the value of Qualcomm's acquisition of NXP Semiconductors (NXP) and the value of 5G technology.
Qualcomm said Wednesday's talks are "constructive," and the board is open to further talks in the future, but continues to reject the deal, according to people familiar with the matter, as no new meetings were held as of Saturday afternoon between the two companies Qualcomm and Broadcom representatives did not immediately comment.
In its report, ISS said Broadcom CEO Hock Tan's best and final offer of $ 82 in cash and shares per share does not appear to be significantly better than Qualcomm's potential short-term independent value, ISS added , This proposal may become a reasonable starting point for negotiations.
Although the two sides did not negotiate well, ISS believes it is possible for Qualcomm to trade with Broadcom, which ISS said will yield potential benefits if Qualcomm shareholders gain access to more of the combined companies.
Qualcomm's board of directors also raised concerns about antitrust issues.Although Qualcomm's board was pleased that Broadcom is willing to divest some assets to avoid monopoly, it also pointed out that Broadcom declined to answer questions about the future direction of Qualcomm's technology licensing business.Therefore, Qualcomm's board of directors is hard to know what kind of antitrust measures may be needed.
ISS said that although Qualcomm is currently concerned about the risks of antitrust, Broadcom and Qualcomm seem to be more likely to find a reasonable way of regulatory approval through past experience and resources.
In the offer, Broadcom raised its offer price from $ 70 to $ 82 per share and made other concessions, including agreeing to pay Qualcomm $ 8 billion in break-even fees when the transaction could not be completed due to antitrust pressure.
ISS said in its report that QUALCOMM may, in consultation with Broadcom, end NXP's acquisition at a mutually agreed price, and Qualcomm will provide itself with the next-best safety net of diversification.
Up to now, China's Ministry of Commerce has not yet approved the acquisition of Qualcomm and NXP, I believe Qualcomm will postpone the March 6 Qualcomm shareholder meeting to raise the price of NXP's decision.
2. "Godfather of the semiconductor" Zhang Zhongmou is the favorite child of his wife;
Zhang Zhongmou, chairman of TSMC, who is retiring this year, has been widely respected in the industry as the "godfather of semiconductors," but in his eyes there are two different roles. Zhang Shufen said her husband is not only her idol, but also her favorite Most pet children.
Zhang Zhongmou will retire this year, TSMC in order to thank its contribution and pay, the future will be renamed him as the founder .. Mirror Weekly reported that recently TSMC Dong Niang Zhang Shufen was asked whether the future will find her husband to do public? She said with a smile, "or Do not, and he has his retirement plan. "
Zhang Shufen also revealed two different roles her husband plays in her eyes. "I saw him on the stage under the stage. He is my idol, including his intelligence, vision and temperament. The most important thing is that I understand the person's honesty Just as he always holds a standard for employees, shareholders and suppliers, this is where he succeeds. But at home he is my favorite, saddest and most favored child. "
And Zhang Zhongmou considerate personality also made her quite touched.Zhang Shufen said the holiday in order to volunteer, her husband will leave, Zhang Zhongmou will be concerned about her tired, afraid to be blocked to participate in volunteer club, Zhang Shufen said not tired. Times
3 venture capitalists: Taiwan rely on 'three secret' to attract foreign investors;
Taiwan has dominated the TSMC-related semiconductor industry chain in the past 20 years, but then it must be succeeded by a new ecosystem. Huang Qi yuan, president of Lam Tao Asia, pointed out that Taiwan lacks its own digital economic ecosystem and therefore needs to accelerate the introduction of foreign ecology Department to make up, but 'how do we attract companies like Google, Amazon presence?' He believes that Taiwan can rely on three major advantages to win.
According to the China Time Newsletter, 'Mainland China has become the largest Internet economy and market in the world and even surpasses the United States. Foreign investors such as Google are re-entering the Chinese market and are strengthening their presence in the Asia Pacific region.' "Huang Qiyuan said in an article published in BusinessWeek: It is impossible for foreign investors to put the eggs in a basket of mainland China entirely. It is bound to find the second headquarters in the Asia-Pacific region. Is Taiwan ready?
He believes that Taiwan wants to attract large-scale US companies such as Google or Amazon. It still has a wonderful chance of naturalization. First, Taiwan has the most important geographical advantage of being close to the mainland China market. Second, Taiwan respects the information and emphasizes the free flow of information. Will not be overly controlled; there is a good hardware foundation in the past, and now can be combined with the software to develop a variety of AI applications; Finally, there are outstanding people, and comfortable low-cost living environment.
As a terminal class for attracting investment in the Asia-Pacific region, Huang suggested that the government need to re-study related credits and consider how to apply innovative means to create a new economic environment and attract foreign investors. He concluded by stressing that the real 'Taiwan's value' lies in 'connecting the future , Link the world '
4. Test shows AMD ThreadRipper 16 extraordinarily high mining efficiency
Digital currency mining has always been the patent card, CPU processor because of low general computing performance is not suitable, but now it was found, AMD's top fever processor Ryzen ThreadRipper digging up the mine is not weak at all .Test shows that 16 core 32 The thread's ThreadRipper 1950X Monroe mining efficiency can reach 1483.5 H / s, while with GTX 1080 graphics card total efficiency of 2006.8H / s, the thread tearing people to force.
More impressive is the power consumption, 1950X mining the entire system consumes only 246W, coupled with the GTX 1080 but also after the 355W, in which the processor itself has not exceeded 160W.
To know in the simple copy machine, the power consumption of the 1950X can reach about 350W, 200W of power consumption means that you can save 0.7 US dollars per day of electricity.
According to the current market, 1950X if you continue mining, after a year and a half can recover the cost.
As for why ThreadRipper mining performance, speculation is likely to be 32MB super large capacity L3 cache to play a role.
In addition, due to the 16-core 32-thread resource-rich, full mining at the same time, watching a 4K movie is still very smooth.