Qualcomm says it will drop $43 bn bid for Dutch chip rival NXP

Qualcomm says it will drop $43 bn bid for Dutch chip rival NXP

6 years ago
Anonymous $RBasgWKaIV

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.