Dr. Morris Chang

Anyway, but when I talked to Jeff Williams, and I went to see him in – What's the place? Cupertino. Yeah, Cupertino. I mean, he took it fairly willingly, you know. No big problem at all. The only suggestion that he made was the elimination of dividend, you know. And I said no. And he then let it just lie there, you know. Okay, but then that issue was settled.

Anyway, but when I talked to Jeff Williams, and I went to see him in – What's the place? Cupertino. Yeah, Cupertino. I mean, he took it fairly willingly, you know. No big problem at all. The only suggestion that he made was the elimination of dividend, you know. And I said no. And he then let it just lie there, you know. Okay, but then that issue was settled.

I mean, how much demand we would take and how we would get. We still had to borrow billions of dollars, even with half of the demand.

I mean, how much demand we would take and how we would get. We still had to borrow billions of dollars, even with half of the demand.

Yeah, I know. Bet the company, but I didn't think I would lose. You sound like Jensen. That's exactly what Jensen said. All right, but I think that the financial discussion with Apple had already happened when Apple... when Jeff Williams called me in February of 2011. And he said, it was a very short conversation. He said, we need to...

Yeah, I know. Bet the company, but I didn't think I would lose. You sound like Jensen. That's exactly what Jensen said. All right, but I think that the financial discussion with Apple had already happened when Apple... when Jeff Williams called me in February of 2011. And he said, it was a very short conversation. He said, we need to...

pause our discussions for two months because the highest level of Intel has approached Tim Cook and has asked Tim Cook to consider Intel.

pause our discussions for two months because the highest level of Intel has approached Tim Cook and has asked Tim Cook to consider Intel.

Yeah, yeah, yeah. That wasn't an issue, of course. I mean, in February of 2011, Jeff Williams was talking about the iPhone, yeah.

Yeah, yeah, yeah. That wasn't an issue, of course. I mean, in February of 2011, Jeff Williams was talking about the iPhone, yeah.

Yeah. I don't know what relationship. really have. Well, it must be close. So that was all he said. I wasn't all that worried because in 2011, Intel was no longer a name that you would, when you hear it, you would stand up and bow, you know? Interesting. I mean... Heck, you know, in the 90s, in the late 20th century, I mean, they were a name in semiconductors.

Yeah. I don't know what relationship. really have. Well, it must be close. So that was all he said. I wasn't all that worried because in 2011, Intel was no longer a name that you would, when you hear it, you would stand up and bow, you know? Interesting. I mean... Heck, you know, in the 90s, in the late 20th century, I mean, they were a name in semiconductors.

When you hear it, of course, I'm exaggerating the situation.

When you hear it, of course, I'm exaggerating the situation.

Yeah, intel. If you hear their name, if you hear that they are in competition with you, you know, my goodness, you'll be... trembling with fear, you know.

Yeah, intel. If you hear their name, if you hear that they are in competition with you, you know, my goodness, you'll be... trembling with fear, you know.

I didn't say that we never catch him. Fair enough.

I didn't say that we never catch him. Fair enough.

Okay, yeah. Anyway, so I, of course, had to accept Jeff Williams' request. All right. But again, as I just told you, I wasn't all that worried because I reviewed in my mind all the characteristics that Apple is looking for in a supplier company. Technology, at that time, we thought we were almost at par with Intel. Almost. In fact, I think I thought we were at par with Intel at that time.

Okay, yeah. Anyway, so I, of course, had to accept Jeff Williams' request. All right. But again, as I just told you, I wasn't all that worried because I reviewed in my mind all the characteristics that Apple is looking for in a supplier company. Technology, at that time, we thought we were almost at par with Intel. Almost. In fact, I think I thought we were at par with Intel at that time.