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July 26, 2018 11:59 am GMT

Qualcomm Gives Up On NXP After China Refuses Cooperation

Qualcomm on Thursday officially gave up on its attempted acquisition of NXP Semiconductors valued at $44 billion after the latest deadline for the deal expired following numerous extensions. The San Diego, California-based chipmaker failed to secure an approval from China’s antitrust watchdog, with industry sources recently claiming Beijing was unwilling to cooperate due to the […]

The post Qualcomm Gives Up On NXP After China Refuses Cooperation appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/07/qualcomm-gives-up-on-nxp-after-china-refuses-cooperation.html

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