Chapter 5017

Hugo hurriedly said, “It’s an old communication company in the United States.”

Charlie asked again, “What is the current market value of the company?”

Hugo thought for a moment and said, “The company was very prosperous a few years ago, and its market value exceeded ten billion dollars when it was at its peak. However, as the bubble continued to burst and its performance continued to decline, the market value should only be more than a billion US dollars when I was fired.”

Charlie nodded and asked him, “How is the foundation of this company?”

Hugo said, “The technical foundation of its hardware and software technology is very good, but the reason why it went downhill over the years was mainly because the market direction has not been found correctly. The person in charge made the wrong judgment in the direction of the development of communications in the market and gradually killed his own to-C side of the business. He turned to rely on his old capital to provide hardware equipment