China dodges blame for Qualcomm-NXP merger demise

China dodges blame for Qualcomm-NXP merger demise

6 years ago
Anonymous $dicfOfy7s2

https://phys.org/news/2018-07-china-dodges-blame-qualcomm-nxp-merger.html

The State Administration for Market Regulation (SAMR) said it "knows that Qualcomm and NXP have decided to abandon the transaction, and finds that regrettable".

"The results of our evaluation show that Qualcomm's latest plan cannot resolve competition issues... we hope to continue communicating with Qualcomm to find a solution within the review period."

China dodges blame for Qualcomm-NXP merger demise

Jul 27, 2018, 4:58pm UTC
https://phys.org/news/2018-07-china-dodges-blame-qualcomm-nxp-merger.html > The State Administration for Market Regulation (SAMR) said it "knows that Qualcomm and NXP have decided to abandon the transaction, and finds that regrettable". > "The results of our evaluation show that Qualcomm's latest plan cannot resolve competition issues... we hope to continue communicating with Qualcomm to find a solution within the review period."