Qualcomm Abandons NXP Deal Amid US-China Tensions

in life •  6 years ago 

Qualcomm scrapped its $44 billion purchase of Dutch chip maker NXP after failing to secure approval in China, making the deal one of the most prominent victims of spiraling U.S.-China trade tensions.
ref:https://www.wsj.com/articles/qualcomm-plans-to-abandon-nxp-deal-1532549728

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