Chapter 974: : Stirring the Stock Market

How many mobile phones in the world use Qualcomm chips?
According to statistics, there are billions.
Qualcomm is the main chip supplier for smartphones of global brands such as HTC, Sony, Nokia, MOTO, LG, Samsung, etc. Xiaomi, OPPO, vivo, Huawei, ZTE and other smartphones also mostly use Snapdragon processors.
Qualcomm is the world's largest provider of mobile phone processing chips, accounting for 70% of the market share. Now there are problems with Qualcomm chips, which are not only related to Qualcomm, but will affect the entire industry chain.
In fact, there is a problem with the chip. Doesn't Qualcomm know it?
No, they know.
Some are due to design flaws. Defects can never be avoided and can only be perfected or used in accordance with the environment at the time. God is not perfect, let alone a chip designed by man.
The other is that these companies intentionally or unintentionally leave some backdoors in production and design, and some are reserved for added functions, because a chip provides support for multiple environments, such as mobile phone chips, and can also be used in set-top boxes. , Automotive signal exchange, and so on, and generally these functions will not be used.
It ’s like a house with several doors, some of which are open for hardware use, some are locked, and the key of the door is in the hands of the chip maker. The customer does n’t know that the chip maker can use these doors Come and do your own thing, this is the so-called backdoor.
The next day.
The "Hall Institute" once again announced the results of research on Qualcomm chips, and this report came out immediately and caused great concern and reported on global news and the Internet.
Many chip research institutions immediately tested the problems mentioned in the article after seeing this report.
This report has no eloquent words, only piles of letters and symbols, and a conclusion.
"Snapdragon 855, Snapdragon 845 ~~~ IPQ8064, IPQ8074, a total of 41 chips, all have vulnerabilities and involve" error "in the underlying code."
"Such as the 7th vulnerability in the list, it can be used by hackers to automatically install software for users. If the vulnerability is used by scammers, your credit card and electronic payment password will be easily grasped by criminals, and all your money will be transferred at any time."
"Like the 11th vulnerability in the list, you can use the camera and microphone to collect the user's personal privacy information and monitor the user's call content."
"Such as the 23rd vulnerability in the list, you can collect mobile phone user contacts, photos, short messages and other content, and actively locate users."
"..."
"It is worth noting that these vulnerabilities are design flaws that have existed since the chip was manufactured and cannot be repaired with software. These vulnerabilities have existed for more than 5 years. The above involve user privacy and property security issues, and are worth all Attention. "
When this report came out, many people were shocked.
It turns out that he is so transparent and always under someone else's cell. He Lai said that his cell phone can reveal all his secrets, just to see if others are willing to move himself.
"Have our personal privacy been leaked?"
"Will our money be insured?"
Many people have this question.
of course. Some people have also questioned this report. If there are so many problems with Qualcomm's chips, why haven't other research institutions found them? This is not scientific.
However, such a question didn't take long before another well-known international research institution came forward. A well-known chip research institution in the United Kingdom announced that testing some of the vulnerabilities mentioned in the article did find these vulnerabilities and could be used. It shows that the vulnerabilities mentioned in the article are real, and Qualcomm chips do have great problems.
It is worth mentioning that this well-known chip research institution is a joint research team of a British chip manufacturer.
In addition, other chip companies have also come forward, "Through team inspection, we found that some of Qualcomm's chips do have vulnerabilities, but it is not yet certain whether these vulnerabilities are design defects or man-made."
"Unlike software, it is very easy to open the back door of the chip, and it is related to national defense security issues. A missile system deployed by a country in Syria earlier found that the missile system was controlled, and it was finally found out that the chip had a loophole."
...
Many companies point at Qualcomm.
Affected by these reports, Qualcomm's stock price was greatly impacted and began to fall rapidly. It fell by more than 5% in a short period of time, triggering the fusing mechanism to stop trading and resume trading after 15 minutes. However, the downward trend became more fierce, which directly triggered the second It is blown twice and stopped for 1 hour.
These conditions caused panic among shareholders, more people participated in the sell-off, and the market opened an hour later. Qualcomm stock plummeted until the decline reached 20%, and the same-day suspension mechanism was activated.
Not only that, many companies using Qualcomm chips have also been affected by this.
An article caused stock market shocks, chip high-tech stocks fell across the board, and the investment of countless investors was affected.
Affected by this, US Dow Jones high-tech stocks and Nasdaq stocks also fell across the board.
There are countless news reports on the Internet:
"The chip horror is coming. All your information may have been leaked. Everything about you is transparent."
"Chip backdoors, everywhere."
"Design flaws are still artificially reserved, and it feels scary to think about them."
Suddenly, Qualcomm was hit with such a powerful head-on, almost out of breath, and the senior management immediately convened a meeting, started emergency public relations, and held a press conference.
Qualcomm Vice President Max Naide stood on the stage and said to reporters, "In response to recent reports on Qualcomm chips, many of them are exaggerated. We want to show that the chips produced by our company are the fastest and most efficient in the world. At the beginning of design, many chips are multi-purpose general-purpose chips. It is not a design defect to reserve links for other devices. "
"QUALCOMM attaches great importance to customers' security issues. Our company is even less likely to steal user information. We have been working tirelessly for system vulnerabilities. We also thank all circles for their attention and concern. At the same time, the company announced that This plan, called the "Vulnerability Reward Program", will be rewarded high by Qualcomm for discovering chip vulnerabilities and suggesting reasonable improvements. "
After the vice president spoke, countless reporters immediately raised their hands to ask questions.
"Excuse me, what do you mean by this, does it mean that Qualcomm's chip does have loopholes, which may bring great hidden dangers to users' safe use?"
"Excuse me, according to the report of the" Hall Research Lab ", your chip has been finalized after manufacturing, and you cannot use software to supplement vulnerabilities. Is this true?"
The vice president was dumb asked, and cursed in his heart the unit called
Hall Research Lab
, and wanted to say something, did I thank you for your interest in us.
"There are no questions during this press conference. Thank you, bye."
Vice President Qualcomm fled.
Qualcomm originally wanted to explain something and told users that its chip is safe and reliable, and it is the best chip in the world, but the effect of the press conference was not good. After the press conference, more comments appeared on the Internet.
"Qualcomm may acknowledge that the chip has vulnerabilities, and at the same time launch the" Vulnerability Reward Program ", it may be too late to fix it."
"In response to design flaws, Qualcomm's explanation is to reserve links for other devices, but these links have become an important channel for hackers to grasp our information. Who guarantees the security and privacy of users."
"Qualcomm is at a loss and the press conference is a joke."
A game studio in Mexico.
Jiang Hao and Johnson were sitting on soft chairs, watching Qualcomm's big red bar, and they were smoking cigars happily.
Unlike Chinese stocks, China is up and down, while the United States is up and down.
"It plummeted 20% and triggered the fusing mechanism three times. This time, Qualcomm's troubles can be huge, and it has directly evaporated $ 17 billion. It is estimated that Qualcomm's senior executives and shareholders will collapse." Johnson said with a smile.
"This is the case with high-tech companies. A new technology and a monopoly technology can make the company's market value soar ~ EbookFREE.me ~ Once the product has a problem, an avalanche is inevitable."
"It's like Yahoo. It was one of the pioneers of the Internet at that time, with a market value of 128 billion U.S. dollars. From 2000 to 2006, it had dominated the global Internet rankings. During this period, he had the opportunity to acquire Google. The acquisition of Facebook, but in the end, it ended up being sold to US communications giant Verizon for $ 4.8 billion, and ended up with no name at all.
"Internet high-tech companies have a fast value-added, but they are as beautiful as flowers in the water, but if they really touch their core areas, the light ones will have ripples, and the heavy ones may be wiped out. Only with such strong fluctuations can they It is our chance to make a lot of money. "Jiang Hao said with a smile.
"How far do you think Qualcomm will fall?" Johnson asked.
"I still have two punches. Let's end it when we hit it. No one can predict the lowest point. Let's close when we see it." Jiang Hao said.
Businessmen want to be greedy, because this is the biggest motivation for businessmen, and businessmen cannot be greedy. People who are greedy and do not know how to control themselves will die very badly, especially in the stock market.
The volatility of the securities market will never be understood by you. There are too many variables.
The next day, Qualcomm's stock price continued to fall, and its speed slowed down after falling by 3 points. At that moment, the mysterious 'Hall Research Institute' published another article.
"There is evidence that Qualcomm should participate in the" Prism "program and provide customer information to the US Security Agency because of the Qualcomm chip backdoor, the Security Agency can access your email data, videos and voice chats, videos, photos at any time , VoIP chat content, file transfers, login notifications, and social network details. "
The Hall Institute detonated another nuclear bomb.