Qualcomm explores friendly takeover of Intel — Know more about potential transformational deal for chip sector
5 months, 3 weeks ago

Qualcomm explores friendly takeover of Intel — Know more about potential transformational deal for chip sector

Live Mint  

Intel — once the world's largest chipmaker — might soon face a friendly takeover bid from Qualcomm. The company is headed toward its third consecutive year of shrinking sales with an estimated $52 billion revenue in 2024 — just 70% what it brought in back in 2021. A person in the know however told Bloomberg that CEO Pat Gelsinger still believed the turnaround plan could be sufficient to remain an independent company. The company had reportedly explored the possibility of acquiring portions of Intel's design business — with a particular interest in its PC design unit.

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History of this topic

Qualcomm prevails on key issues in Arm suit
2 months, 3 weeks ago

Qualcomm prevails on key issues in Arm suit

Live Mint  

A Delaware jury ruled that Qualcomm had a valid license to use Arm’s basic chip architecture for central processors it developed with the acquisition of a startup called Nuvia in 2021. While the jury ruled mostly in Qualcomm’s favor, it was deadlocked on the question of whether Nuvia had violated its license agreement with Arm amid Nuvia’s acquisition. Qualcomm general …

What is the Qualcomm vs Arm battle that could have huge implications on future laptops, phones
3 months ago

What is the Qualcomm vs Arm battle that could have huge implications on future laptops, phones

India Today  

The legal battle between Qualcomm and Arm over the acquisition of chip startup Nuvia has escalated into a high-stakes dispute that could reshape the chip market and disrupt the longstanding industry dynamics. However, the case also holds major implications for Qualcomm’s future in the laptop market, its relationship with Arm, and the broader chip ecosystem that relies heavily on Arm’s …

Qualcomm’s Interest in Intel Takeover Cools: Report
3 months, 3 weeks ago

Qualcomm’s Interest in Intel Takeover Cools: Report

Deccan Chronicle  

Qualcomm’s interest in pursuing an acquisition of Intel has cooled, according to people familiar with the matter, upending what would have likely been one of the largest technology deals of all time. It’s always possible Qualcomm looks at pieces of Intel instead or rekindles its interest later, they added. It came just weeks after Intel communicated a bruising earnings report …

Chip-maker Intel needs a turnaround, not a takeover by Qualcomm
5 months, 3 weeks ago

Chip-maker Intel needs a turnaround, not a takeover by Qualcomm

Live Mint  

They say if there’s ever a Silicon Valley Mount Rushmore, the first face to be chiselled into stone would be that of Gordon Moore. Intel’s chips still do well in the PC sector and also in data servers, which would complement Qualcomm’s position in the mobile market and give it a quick market share boost. But taking on chip foundries …

Qualcomm approached Intel about a takeover in recent days: Report
5 months, 3 weeks ago

Qualcomm approached Intel about a takeover in recent days: Report

The Hindu  

Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Earlier this month, Reuters reported that Qualcomm explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio. Qualcomm had examined acquiring different pieces of Intel, which is struggling to generate …

Qualcomm exploring a chance to buy a chunk of Intel's chip design business
6 months, 1 week ago

Qualcomm exploring a chance to buy a chunk of Intel's chip design business

Firstpost  

Intel, which has faced financial struggles recently, is reportedly looking to offload some of its business units in a bid to generate cash. Qualcomm has been assessing various segments of Intel’s design business, including its client PC design division For Qualcomm, acquiring parts of Intel’s chip design business could provide a strategic opportunity to expand its reach into new markets. …

Qualcomm reaches $75 mln settlement over sales and licensing practices
9 months ago

Qualcomm reaches $75 mln settlement over sales and licensing practices

The Hindu  

Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing practices. Shareholders accused Qualcomm of artificially inflating its share price between February 2012 and January 2017 by repeatedly describing its chip sales and technology licensing as separate businesses, when in fact Qualcomm bundled them …

Intel to Invest $20 Billion on US Chip Factories as CEO Challenges Asia Dominance
3 years, 11 months ago

Intel to Invest $20 Billion on US Chip Factories as CEO Challenges Asia Dominance

News 18  

Intel Corp will greatly expand its advanced chip manufacturing capacity as the new chief executive announced plans to spend as much as $20 billion to build two factories in Arizona and to open up its factories to outside customers. In an interview with Reuters, Gelsinger said Intel has “fully resolved” its problems with its most recent manufacturing technology and is …

Qualcomm is the latest US tech name to back India’s Jio Platforms
4 years, 8 months ago

Qualcomm is the latest US tech name to back India’s Jio Platforms

CNN  

Hong Kong CNN Business — India’s richest man isn’t done with his fundraising spree just yet. Jio Platforms, the tech firm owned by billionaire Mukesh Ambani, has won another investment, this time from US chipmaker Qualcomm. The two companies announced Sunday that Qualcomm’s investment arm would pump up to 7.3 billion Indian rupees into Jio, in exchange for an equity …

Qualcomm Ventures to invest ₹730 cr in Jio Platforms for 0.15% stake
4 years, 8 months ago

Qualcomm Ventures to invest ₹730 cr in Jio Platforms for 0.15% stake

Live Mint  

Qualcomm Ventures, the investment arm of Qualcomm Inc., will invest ₹730 crore for a 0.15% stake in Jio Platforms Ltd, becoming the 12th entity to invest in the digital services subsidiary of Reliance Industries in over three months. Qualcomm offers deep technology know-how and insights that will help us deliver on our 5G vision and the digital transformation of India …

Intel says Qualcomm forced it out of market with unfair patent licensing practises
5 years, 3 months ago

Intel says Qualcomm forced it out of market with unfair patent licensing practises

Firstpost  

Intel was Qualcomm’s chief rival in modem chips and sold the components to Apple for the iPhone. Intel Corp sold its smartphone modem chip business to Apple Inc at “a multi-billion dollar loss,” the US chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market. In a 233-page decision issued in …

Qualcomm shares spike by 5 percent, beats Wall Street estimates for Q4 revenue
5 years, 4 months ago

Qualcomm shares spike by 5 percent, beats Wall Street estimates for Q4 revenue

Firstpost  

Qualcomm’s revenue in the Q4 fell about 17 percent to $4.81 billion, but beat analysts’ estimates of $4.70 billion. Qualcomm Inc forecast current-quarter profit above Wall Street expectations and beat estimates for fourth-quarter revenue from its closely watched licensing business, sending its shares up 5 percent in extended trading. The world’s biggest supplier of mobile phone chips expects between 1.75 …

Apple acquires Intel's smartphone modem business for $1 billion
5 years, 7 months ago

Apple acquires Intel's smartphone modem business for $1 billion

India Today  

Earlier this week, reports indicated that Apple was in advanced talks with Intel to acquire its smartphone modem business. And now just days later, Apple officially announced that it is acquiring Intel's smartphone modem business for $1 billion. Apart from Intel's talent pool, Apple will also get a hold of nearly 17,000 patents ranging from protocols for cellular standards to …

Apple buys Intel’s smartphone modem division for $1 billion
5 years, 7 months ago

Apple buys Intel’s smartphone modem division for $1 billion

Associated Press  

SAN FRANCISCO — Apple is paying Intel $1 billion for the chip maker’s smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. Apple’s purchase of Intel’s smartphone modem patents and other technology could bolster its attempt to build its own line 5G chips and lessen its dependence on Qualcomm. “This is …

Apple buys majority of Intel modem business in a deal valued at $1 billion
5 years, 7 months ago

Apple buys majority of Intel modem business in a deal valued at $1 billion

Firstpost  

Apple has always relied on outside suppliers for modem chips that connect devices to a wireless network. Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s modem business in a deal valued at $1 billion, the companies said on Thursday. Combined with its existing portfolio, Apple will have 17,000 wireless …

Apple to buy majority of Intel's modem chip business for $1 billion
5 years, 7 months ago

Apple to buy majority of Intel's modem chip business for $1 billion

Live Mint  

Apple Inc said on Thursday it would buy the majority of Intel Corp's smartphone modem business for $1 billion, months after the chipmaker announced plans to exit the 5G modem chip business. Apple will hold over 17,000 wireless technology patents and take on about 2,200 Intel employees after the completion of the deal, the iPhone maker said. Intel had positioned …

Chipmaker Broadcom is in talks to buy cybersecurity company Symantec: Report
5 years, 8 months ago

Chipmaker Broadcom is in talks to buy cybersecurity company Symantec: Report

Firstpost  

A deal would expand Broadcom’s push into software a year after its $18.9 billion deal to buy US business software company CA Inc Chipmaker Broadcom Inc is in advanced talks to buy cybersecurity firm, Symantec Corp, according to sources familiar with the matter, as Broadcom seeks to diversify beyond semiconductors. A deal would expand Broadcom’s push into software a year …

Apple is seeking $27 billion in damages from Qualcomm licensing trials
5 years, 11 months ago

Apple is seeking $27 billion in damages from Qualcomm licensing trials

Firstpost  

Apple Inc and its allies on Monday will kick off a jury trial against chip supplier Qualcomm Inc in San Diego, alleging that Qualcomm engaged in illegal patent licensing practices and seeking up to $27 billion in damages. For Apple, the trial is about the freedom to determine its own technology path for blockbuster products by buying chips without having …

Qualcomm's Q1 2018 profit exceeds forecasts, suggesting that a slowdown in global smartphone market is not as bad
6 years, 10 months ago

Qualcomm's Q1 2018 profit exceeds forecasts, suggesting that a slowdown in global smartphone market is not as bad

Firstpost  

The results announced in Qualcomm’s smartphone chip business contrasted to those from major mobile phone components makers in Asia. US chipmaker Qualcomm Inc’s quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from suppliers. Qualcomm said it expects the loss …

Qualcomm increases offer for NXP, cuts deal with holders
7 years, 1 month ago

Qualcomm increases offer for NXP, cuts deal with holders

Live Mint  

London/San Francisco: Qualcomm Inc. raised its offer for NXP Semiconductors NV and said it cut a deal with holders, in a bid to close a transaction that may be crucial to its own efforts to fend off a hostile approach by Broadcom Ltd. Qualcomm’s move may not end Broadcom’s attempt to purchase it though, according to Sanford C. Bernstein & …

Qualcomm should negotiate with Broadcom on a deal, ISS says
7 years, 1 month ago

Qualcomm should negotiate with Broadcom on a deal, ISS says

Live Mint  

San Francisco: Broadcom Ltd’s bid for Qualcomm Inc. is a good place to start negotiations between the two companies on what would be the biggest deal in the history of technology, according to Institutional Shareholder Services Inc. “Qualcomm’s optimistic vision of the future would likely resonate more effectively among shareholders if the company’s track record was more like that of …

Qualcomm rejects Broadcom's revised buyout offer of $121 billion and proposes a meeting to address the bid's deficiencies
7 years, 1 month ago

Qualcomm rejects Broadcom's revised buyout offer of $121 billion and proposes a meeting to address the bid's deficiencies

Firstpost  

Qualcomm’s response attempts to find balance between continued resistance to Broadcom’s takeover attempt and heeding the calls of some Qualcomm shareholders US semiconductor company Qualcomm Inc on 8 February rejected Broadcom Ltd’s revised $121 billion buyout offer, but proposed meeting its peer to see whether they can address what it called the bid’s “serious deficiencies in value and certainty.” Qualcomm’s …

Broadcom hopes to raise the Qualcomm Inc acquisition offer to $120 billion: Report
7 years, 1 month ago

Broadcom hopes to raise the Qualcomm Inc acquisition offer to $120 billion: Report

Firstpost  

Broadcom also plans to offer Qualcomm a higher-than-usual breakup fee in the event regulators thwart the deal, according to the sources. Broadcom Ltd plans to unveil a new approximately $120 billion offer for Qualcomm Inc on 5 February, aiming to ratchet up pressure on its US semiconductor peer to engage in negotiations, people familiar with the matter said on 4 …

Qualcomm earnings report beats revenue expectations as demand for its chips surges
7 years, 1 month ago

Qualcomm earnings report beats revenue expectations as demand for its chips surges

Firstpost  

Apple sued Qualcomm last January, accusing it of overcharging for chips and refusing to pay some $1 billion in promised rebates. Chipmaker Qualcomm Inc’s profit and revenue beat expectations as demand surged for its chips used in smartphones and cars, but an earnings forecast for the current quarter fell below analysts’ estimates due to tepid mobile sales in China. But …

Broadcom reports better-than-expected quarterly proft after its bid to acquire Qualcomm intensifies
7 years, 3 months ago

Broadcom reports better-than-expected quarterly proft after its bid to acquire Qualcomm intensifies

Firstpost  

Broadcom’s move came after Qualcomm rejected its $70 per share bid, saying the offer undervalued the company and would face regulatory hurdles. Broadcom Ltd on 6 December reported a better-than-expected quarterly profit and boosted its dividend by 72 percent, days after the chipmaker took its $103 billion bid for Qualcomm Inc hostile. Shares of Broadcom rose 5 percent in extended …

Qualcomm takes another shot at ending Intel PC stranglehold
7 years, 3 months ago

Qualcomm takes another shot at ending Intel PC stranglehold

Live Mint  

San Francisco: Qualcomm Inc. is taking another stab at breaking into the market for personal-computer processors with a range of new devices it says will stay connected and run all day on one battery charge. The slim machines will have wireless connections via mobile phone chips that ensure they’re always receiving data and sip battery power in a way that …

Qualcomm rejects Broadcom acquisition offer, setting up $103 billion proxy fight
7 years, 4 months ago

Qualcomm rejects Broadcom acquisition offer, setting up $103 billion proxy fight

Live Mint  

San Francisco: Qualcomm Inc. rejected Broadcom Ltd’s $105 billion acquisition offer, kicking off what would be the largest technology takeover battle in history. “It is the board’s unanimous belief that Broadcom’s proposal significantly undervalues Qualcomm relative to the company’s leadership position in mobile technology and our future growth prospects,” said Paul Jacobs, executive chairman and chairman of the board of …

Qualcomm plans to reject Broadcom's $103 billion buyout; says $70 per share bid undervalues the company
7 years, 4 months ago

Qualcomm plans to reject Broadcom's $103 billion buyout; says $70 per share bid undervalues the company

Firstpost  

Broadcom has also been deliberating the possibility of raising its bid for Qualcomm, including through more debt financing, some of the sources said, although it was not clear when Broadcom would choose to make such a move. US chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd’s $103 billion bid as early as this week, four people familiar …

Qualcomm Deal to Create Chip Giant Faces Long Odds
7 years, 4 months ago

Qualcomm Deal to Create Chip Giant Faces Long Odds

Wired  

Last week Hock Tan, CEO of the chipmaker Broadcom, joined President Donald Trump in the Oval Office for a major announcement: the company would move its headquarters from Singapore to the US. "It's hard for me to see how it could get approved from a regulatory standpoint because it would increase the power they have over their smartphone customers," says …

Deals Buzz: Broadcom offers $105 billion for Qualcomm, up to be largest tech deal
7 years, 4 months ago

Deals Buzz: Broadcom offers $105 billion for Qualcomm, up to be largest tech deal

Live Mint  

Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Ltd, in a transaction that may rank among India’s largest renewable energy deals, reports Mint, citing multiple people aware of the development. Everstone Group agrees to buy Kenstar from Videocon associate firm Private equity firm Everstone Group has agreed to acquire Kenstar, a …

Broadcom offers to buy chip-maker Qualcomm in a $103 billion cash deal
7 years, 4 months ago

Broadcom offers to buy chip-maker Qualcomm in a $103 billion cash deal

Firstpost  

Qualcomm shareholders would get $60 in cash and $10 per share in Broadcom shares. Communications chipmaker Broadcom Ltd on 6 November said it offered to buy smartphone chip supplier Qualcomm Inc for $70 per share or $103 billion in cash and stock, in what would be the biggest technology acquisition ever. Broadcom’s offer is at a premium of 27.6 percent …

Broadcom offers $105 billion for Qualcomm in landmark deal
7 years, 4 months ago

Broadcom offers $105 billion for Qualcomm in landmark deal

Live Mint  

San Francisco: Broadcom Ltd offered about $105 billion for Qualcomm Inc., kicking off an ambitious attempt at the largest technology takeover ever in a deal that would rock the electronics industry. The lawsuit may prompt Apple to stop buying Qualcomm chips for use in the iPhone and other products, which would deal a major blow to a unit that drives …

Qualcomm responds to US SEC revealing more details of ongoing dispute with Apple
7 years, 7 months ago

Qualcomm responds to US SEC revealing more details of ongoing dispute with Apple

Firstpost  

Qualcomm, the largest maker of chips used in smartphones, said revenue in its CDMA technology business from modem sales for iPhones may continue to decline. Qualcomm, the largest maker of chips used in smartphones, said revenue in its CDMA technology business from modem sales for iPhones may continue to decline, in part depending on the extent of Apple ’s utilization …

Qualcomm discloses further details about the impact of its ongoing licensing dispute with Apple
7 years, 7 months ago

Qualcomm discloses further details about the impact of its ongoing licensing dispute with Apple

Firstpost  

Chipmaker Qualcomm Inc on Monday disclosed further details about the impact of an ongoing dispute with Apple Inc, responding to questions from the U.S. SEC. Chipmaker Qualcomm Inc on Monday disclosed further details about the impact of an ongoing dispute with Apple Inc, responding to questions from the U.S. Securities and Exchange Commission. Apple’s dual sourcing does not impact the …

Intel has agreed to buy autonomous vehicle technology firm Mobileye for $15.3 billion
8 years ago

Intel has agreed to buy autonomous vehicle technology firm Mobileye for $15.3 billion

Firstpost  

Intel Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers. Still, the industry newsletter Semiconductor Advisors on Monday wrote that Intel’s acquisition of Mobileye indicates a strategic move …

Qualcomm reports 13.3 percent rise in revenue beating expectations
8 years, 4 months ago

Qualcomm reports 13.3 percent rise in revenue beating expectations

Firstpost  

Smartphone chipmaker Qualcomm Inc, which agreed to buy NXP Semiconductors NV for about $38 billion last week, reported a better-than-expected 13.3 percent rise in quarterly revenue, helped by strong demand, particularly in China. The San Diego-based company, which supplies chips to Android smartphone makers and Apple Inc, reported mobile chip shipments of 211 million for the quarter compared with its …

Qualcomm Spends Big Money To Get In The Car (Chip) Business
8 years, 4 months ago

Qualcomm Spends Big Money To Get In The Car (Chip) Business

NPR  

Qualcomm Spends Big Money To Get In The Car Business Enlarge this image toggle caption Gregory Bull/AP Gregory Bull/AP Smartphone chip maker Qualcomm Inc. has agreed to buy NXP Semiconductors for $38 billion. And after Qualcomm lost some modem chip business in the popular iPhone 7 to Intel, the acquisition could boost its iPhone share thanks to NXP sensor and …

Takeover talks between Altera, Intel reportedly end
9 years, 11 months ago

Takeover talks between Altera, Intel reportedly end

Firstpost  

Takeover talks between Intel Corp and Altera Corp have broken off as the chipmakers could not come to an agreement on price, a person familiar with the matter said. Last month, Intel was reported to be in talks to buy Altera in a deal that could have topped $10 billion. Had the deal gone through, the takeover would have been …

For Qualcomm, China settlement may be just the beginning
10 years, 2 months ago

For Qualcomm, China settlement may be just the beginning

Firstpost  

The settlement of China’s anti-trust probe into Qualcomm is likely to intensify global scrutiny of the firm’s highly profitable patent licensing business The settlement of China’s anti-trust probe into Qualcomm is likely to intensify global scrutiny of the firm’s highly profitable patent licensing business, and may even call into question its worldwide contracts with smartphone makers such as Apple and …

US chipmaker to be deemed monopoly
10 years, 7 months ago

US chipmaker to be deemed monopoly

China Daily  

US chipmaker to be deemed monopoly Updated: 2014-07-25 07:19 By Gao Yuan Qualcomm could face penalties of up to 10% of its mainland revenues China's antitrust regulator will soon announce that Qualcomm has monopoly status in the mobile chip market, an official from the National Development and Reform Commission said on Thursday. Wang Xiang, Qualcomm's China head, said, "We have …

Intel, Qualcomm may invest $378 mn in Sharp: Report
12 years, 4 months ago

Intel, Qualcomm may invest $378 mn in Sharp: Report

Live Mint  

add_main_image Tokyo: US-based Intel Corp and Qualcomm Inc are in talks to jointly i nvest about ¥30 billion in debt-stricken Japanese consumer electronics maker Sharp Corp, two sources familiar with the matter said on Wednesday. Details of the talks were not known, but Sharp, whose displays are used in Apple Inc’s iPads and iPhones, is looking to small displays to …

Chipmaker Qualcomm climbs on increased sales forecast
17 years, 1 month ago

Chipmaker Qualcomm climbs on increased sales forecast

China Daily  

Qualcomm Inc, the second-biggest maker of chips that run mobile phones, climbed as much as 8.9 percent in extended trading after the company raised its 2008 sales forecast, citing stronger demand. President Steve Altman predicted growing demand worldwide for his company's technology, countering concern that a possible recession in the United States will hurt sales. Nokia feud Qualcomm gets the …

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