Broadcom promises to make the US the 'global leader' in 5G if Qualcomm merger goes through

Broadcom promises to make the US the 'global leader' in 5G if Qualcomm merger goes through

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnbc.com/2018/03/07/qualcomm-bid-broadcom-pledges-5g-investment-if-merger-goes-through.html

Broadcom is pledging to make the U.S. the "global leader" in 5G cellular with a $1.5 billion investment if the company's proposed acquisition of Qualcomm is allowed by the U.S. government to go through, the company said Wednesday.

"Broadcom has a proven track record of managing R&D for maximum impact and investing in core franchises. Broadcom will not only maintain the R&D resources Qualcomm devotes to 5G and innovation in future wireless standards – we will also focus R&D spend to those critical technologies that are essential to the U.S.," the company said in a statement.