Qualcomm on track to scrap NXP deal
Qualcomm Inc. is on track to abandon its $44 billion bid to acquire rival chipmaker NXP Semiconductors NV, after Chinese regulators failed to approve the largest-ever merger in the semiconductor industry before a final deadline.
Under the terms of their...
Qualcomm expects Apple to ditch its modems for next-generation iPhones
Qualcomm Inc. Chief Financial Officer George Davis said Apple Inc. likely won’t use its cellular modems in the next iPhones, cutting the chip maker out of one of the consumer electronics industry’s best-selling products...
Moment of truth for Qualcomm-NXP deal
The semiconductor industry’s largest-ever deal will be dead or done by the middle of the week.
Qualcomm Inc. is at the end of a nearly two-year wait for China’s government to sign off on its $44 billion purchase of NXP Semiconductors NV.
[Bloomberg]
Xiaomi IPO attracts Qualcomm and China Mobile
Xiaomi Corp. has set tentative terms for the world’s biggest initial public offering in nearly two years, aiming to raise as much as $6.1 billion in Hong Kong, people with knowledge of the matter said.
The Chinese smartphone maker and existing...
Qualcomm cuts up to half the jobs in its data centre unit
Qualcomm Inc. is cutting about 280 jobs in its data-center chip unit, scaling back efforts to break into the server market to pare expenses and keep promises made to shareholders.
The company will eliminate 241 positions at its...
Qualcomm's NXP acquisition approved by Chinese regulators
Qualcomm Inc.’s $43 billion acquisition of NXP Semiconductors NV has been approved by Chinese regulators, according to people familiar with the matter who asked not to be identified. The stocks rallied in extended trading.
Clearance...
Apple and Qualcomm's lawsuit is about to get serious
After more than a year of vicious accusations and a flurry of lawsuits and counter claims, Apple Inc. and Qualcomm Inc.’s multibillion-dollar legal dispute is about to get serious.
Hearings in the three most important markets -- the...
Qualcomm to unveil dedicated chip for VR and AR headsets
ualcomm Inc. plans to unveil a dedicated chip to power standalone virtual-reality and augmented-reality headsets as it seeks to break into new businesses beyond smartphones, according to people familiar with the matter.
The...
China restarts review of Qualcomm's NXP purchase
Chinese regulators have restarted their review of Qualcomm Inc.’s application to acquire NXP Semiconductors NV after having shelved the work earlier in reaction to growing trade tensions with the U.S., according to people familiar with the...
Qualcomm unveils $10-billion stock repurchase plan
Qualcomm Inc. unveiled a new plan to buy back $10 billion in stock, replacing an earlier repurchase program that was almost exhausted.
The San Diego-based company, the world’s largest maker of mobile-phone chips, said the plan authorized...
Qualcomm to cut 1,500 jobs in California
Qualcomm Inc. will cut 1,500 jobs in California, the majority at the chipmaker’s San Diego headquarters, according to documents filed with the state.
[Bloomberg]
Broadcom officially drops bid for Qualcomm
Broadcom formally abandoned its attempt to acquire rival chipmaker Qualcomm after U.S. President Donald Trump blocked the deal citing national security risks.
[Bloomberg]
Trump blocks Broadcom takeover of Qualcomm
President Donald Trump issued an executive order Monday blocking Broadcom from pursuing its hostile takeover of Qualcomm.
[Bloomberg]
The United States government said Broadcom's proposed acquisition of rival chipmaker Qualcomm could pose a national security risk and called for a full investigation into the hostile bid.
The investigation will be conducted by the Committee on Foreign Investment in the United States (CIFUS)...
Qualcomm takeover could be a security risk - US Treasury
Broadcom’s hostile takeover attempt of Qualcomm could pose a national security risk.
[Bloomberg]
Qualcomm gives weak forecast due to smartphone slowdown
Qualcomm gave a disappointing revenue and profit forecast that confirmed industrywide concern the demand for smartphones is weakening.
[Bloomberg]
Qualcomm fined $1.2 billion for Apple chip payments
Qualcomm was fined 997 million euros ($1.2 billion) by the European Union for paying Apple to shun rival chips in its iPhones.
The coolest new smartphone feature we probably won't see in South Africa
Qualcomm's new flagship chipset, the Snapdragon 845, promises leaps forward in mobile computing technology.
Qualcomm rejects Broadcom's $105-billion acquisition offer
Qualcomm Inc. rejected Broadcom Ltd.’s $105 billion acquisition offer, kicking off what would be the largest technology takeover battle in history.