https://www.cnbc.com/2018/04/19/qualcomm-stock-slides-on-layoffs-regulatory-challenges-to-nxp-merger.html

Qualcomm slid more than 4 percent Thursday after the company announced layoffs and said it would be withdrawing and refiling a merger application with Chinese authorities regarding a tie-up with Dutch semiconductor company NXP.

Sources tell CNBC that Qualcomm is "very concerned" with the fate of the deal. A Commerce Ministry spokesman said Thursday that the chipmakers would have to do more to resolve competition concerns.