https://finance.yahoo.com/news/qualcomm-raise-offer-buy-nxp-111056578.html

The buyout of NXP will help Qualcomm, which provides chips to Android smartphone makers and Apple Inc (AAPL.O), to expand in the fast-growing market for chips used in automobiles and reduce its dependence on a cooling smartphone market.

San Diego-based Qualcomm agreed to buy Netherlands-based NXP for about $38 billion more than a year ago, but some NXP shareholders resisted a sale seeking a better price.