The boardroom at Qualcomm Electronics was buzzing as shareholders gathered to review the work summary of the previous year.
Beyond the state-owned portion, the remaining shares of Qualcomm Electronics were split among 12 major shareholders, with the chairman holding 8.74% of the stock, making him the individual with the highest private ownership in the company.
The second-largest shareholder controlled 7.88% of the shares, granting these two shareholders the most influential voices at Qualcomm Electronics.
The chairman, named Mobai, was a quintessential American who made his fortune in the cable business and now had assets nearing ten billion.
The second largest shareholder was a Kaibong native named Ye Zhizetian, who graduated from Kyoto University in Kaibong. Since his university days, he had been a prominent figure and had single-handedly founded a chip design company.
