Qualcomm walks away from NXP deal as China-U.S. trade tensions grow
https://www.reuters.com/article/us-nxp-semicondtrs-m-a-qualcomm/qualcomm-walks-away-from-nxp-deal-as-china-u-s-trade-tensions-grow-idUSKBN1KF193
Qualcomm Inc , the world's biggest maker of chips for mobile phones, said on Wednesday it would drop its bid to buy Dutch chipmaker NXP Semiconductors after failing to secure regulatory approval from China against a backdrop of widening trade tensions.