Trump quashes Broadcom’s bid for Qualcomm over security concerns

Trump quashes Broadcom’s bid for Qualcomm over security concerns

6 years ago
Anonymous $gIi3-PxxKB

http://tech.newstatesman.com/news/broadcom-qualcomm-trump-security

Donald Trump has quashed Singaporean chipmaker Broadcom’s proposed takeover of US rival Qualcomm, pointing to concerns about national security.

His presidential order claims there is “credible evidence” to suggest Broadcom “might take action that threatens to impair the national security” of the US if it owns Qualcomm.

Trump quashes Broadcom’s bid for Qualcomm over security concerns

Mar 13, 2018, 12:37pm UTC
http://tech.newstatesman.com/news/broadcom-qualcomm-trump-security >Donald Trump has quashed Singaporean chipmaker Broadcom’s proposed takeover of US rival Qualcomm, pointing to concerns about national security. >His presidential order claims there is “credible evidence” to suggest Broadcom “might take action that threatens to impair the national security” of the US if it owns Qualcomm.