Qualcomm says it will drop $43 bn bid for Dutch chip rival NXP
https://phys.org/news/2018-07-qualcomm-bn-dutch-chip-rival.html
The move comes amid increasing trade tensions between the United States and China.
Qualcomm had extended the deadline several times for the tie-up which would have given the dominant smartphone chipmaker firm a broader array of products including sensors and microprocessors for connected "internet of things" devices.
Qualcomm says it will drop $43 bn bid for Dutch chip rival NXP
Jul 26, 2018, 7:18am UTC
https://phys.org/news/2018-07-qualcomm-bn-dutch-chip-rival.html
> The move comes amid increasing trade tensions between the United States and China.
> Qualcomm had extended the deadline several times for the tie-up which would have given the dominant smartphone chipmaker firm a broader array of products including sensors and microprocessors for connected "internet of things" devices.