Qualcomm considers NXP Semiconductors acquisition matter as closed
6 years, 3 months ago

Qualcomm considers NXP Semiconductors acquisition matter as closed

Firstpost  

China was “open to approving the previously unapproved” deal for Qualcomm to acquire NXP. US smartphone chip manufacturer Qualcomm Inc considers the prospect of an acquisition of NXP Semiconductors as closed, the company said on Monday. “While we were grateful to learn of President Trump and President Xi’s comments about Qualcomm’s previously proposed acquisition of NXP, the deadline for that transaction has expired, which terminated the contemplated deal,” a Qualcomm representative said via email. “Qualcomm considers the matter closed.” China was “open to approving the previously unapproved” deal for Qualcomm to acquire NXP “should it again be presented,” the White House said in a statement over the weekend after a meeting between Chinese and US leaders. In July, Qualcomm, the world’s biggest smartphone-chip maker, walked away from a $44 billion deal to buy NXP after failing to secure Chinese regulatory approval, becoming a high-profile victim of the China-US trade dispute.

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History of this topic

Qualcomm approached Intel about a takeover in recent days: Report
6 months, 1 week 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 to supply Apple with 5G chips until 2026 under new deal
1 year, 6 months ago

Qualcomm to supply Apple with 5G chips until 2026 under new deal

The Hindu  

Qualcomm on Monday said it had signed a new deal with Apple to supply 5G chips to the iPhone maker until at least 2026. The San Diego, California-based firm previously signed a supply deal with Apple in 2019, after the two companies settled a protracted legal battle. Under the deal announced Monday, Qualcomm said it will supply Apple with chips …

Qualcomm's Acquisition of Israeli Chipmaker Autotalks To Face US FTC Probe: Report
1 year, 7 months ago

Qualcomm's Acquisition of Israeli Chipmaker Autotalks To Face US FTC Probe: Report

ABP News  

An imminent in-depth inquiry by the US Federal Trade Commission into Qualcomm's purchase of Autotalks, an Israeli auto-chip manufacturer, is on the horizon, according to exclusive information from Politico insiders. The move comes after Qualcomm's announcement in May of its intention to acquire Autotalks Ltd, a key player in the development of crash-prevention chips for vehicles. The core expertise of …

China state media outlet calls Nvidia's Arm purchase 'disturbing', urges regulatory caution
4 years, 6 months ago

China state media outlet calls Nvidia's Arm purchase 'disturbing', urges regulatory caution

The Hindu  

An op-ed in China's state-backed Global Times on Wednesday said U.S. chipmaker Nvidia Corp's planned acquisition of Arm Ltd from Japan's SoftBank Group Corp was “disturbing”, urging global regulators to exercise caution as they evaluate it for approval. “Given the U.S.-China tensions and U.S. suppression on a range of Chinese technology enterprises, if Arm falls into U.S. hands, Chinese technology …

Qualcomm reportedly seeking permission from US to sell 5G chips to Huawei
4 years, 7 months ago

Qualcomm reportedly seeking permission from US to sell 5G chips to Huawei

Firstpost  

Qualcomm is likely to lose out on $8 billion per year to its rivals like Samsung and MediaTek if it doesnt sell its 5G chips to Huawei. Now, as per the latest report by the Wall Street Journal, Qualcomm is seeking permission from the US government to remove restrictions and let it sell Snapdragon chipsets to Huawei. According to the …

Qualcomm's outlook weighed down by Huawei's smartphone gains in China
5 years, 7 months ago

Qualcomm's outlook weighed down by Huawei's smartphone gains in China

Firstpost  

By Stephen Nellis and Munsif Vengattil - Qualcomm Inc’s quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei Technologies Co Ltd’s strong gains in the Chinese smartphone market, the U.S. company said, sending its shares down as much as 6%. Qualcomm Inc’s quarterly revenue and profit forecast fell short of Wall Street targets, driven by …

Qualcomm has unlawfully charged excessive royalties on its chipsets: US FTC
5 years, 10 months ago

Qualcomm has unlawfully charged excessive royalties on its chipsets: US FTC

Firstpost  

Qualcomm said Wednesday that it would appeal, suggesting the case could still take a few years to resolve. A federal judge has ruled that Qualcomm unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple in a decision that undercuts a key part of its business. U.S. District Judge Lucy Koh in San Jose, California, …

Qualcomm's settlement with Apple could help solve dispute with Huawei, analysts say
5 years, 11 months ago

Qualcomm's settlement with Apple could help solve dispute with Huawei, analysts say

Firstpost  

A settlement with Apple and Huawei will help Qualcomm to focus more in rolling out its 5G modems. Qualcomm Inc’s surprise settlement of a prolonged legal fight with Apple Inc paves the way for the chipmaker to resolve a similar dispute with China’s Huawei Technologies Co Ltd, ahead of the launch of 5G phones, several analysts said. “We now expect …

Contract manufactures like Foxconn not in settlement talks in Apple vs Qualcomm battle
6 years, 3 months ago

Contract manufactures like Foxconn not in settlement talks in Apple vs Qualcomm battle

Firstpost  

Last week, Qualcomm secured a preliminary victory in a patent lawsuit in China that would have banned sales of some Apple iPhones there. The lead attorney for the group of Apple Inc device assemblers seeking at least $9 billion in damages from Qualcomm Inc said on Sunday the contract manufacturers are not in settlement talks with the mobile chip supplier …

Apple warns China iPhone ban will force settlement with Qualcomm
6 years, 3 months ago

Apple warns China iPhone ban will force settlement with Qualcomm

Live Mint  

Apple Inc. says a Chinese ban on sales of the iPhone will force it to settle a long and bitter licensing battle with Qualcomm Inc., an outcome that may end up harming the country’s smartphone industry and consumers around the world. The US company was responding to a Chinese court that ruled this week Apple infringed two Qualcomm patents and …

Qualcomm vs Apple: China bans sale of most iPhone models
6 years, 3 months ago

Qualcomm vs Apple: China bans sale of most iPhone models

CNN  

New York CNN Business — A Chinese court has banned the sale and import of most iPhone models in a stunning decision amid the trade war between the United States and China. The ruling was announced publicly Monday but put into effect last week, but Apple said in a statement that all iPhone models remain available in China. “If Apple …

Trump: China will approve $44 billion Qualcomm merger
6 years, 3 months ago

Trump: China will approve $44 billion Qualcomm merger

CNN  

New York CNN Business — President Donald Trump says China is willing to approve a major merger between American chip maker Qualcomm and rival NXP. A victim of tension between the United States and China, Qualcomm and NXP had waited forregulatory approvals for nearly two years before Xi’s administration let the clock run out. Trump and Chinese President Xi Jinping …

Qualcomm to meet China regulators to secure clearance for $44 billion acquisition of NXP Semiconductors: Report
6 years, 10 months ago

Qualcomm to meet China regulators to secure clearance for $44 billion acquisition of NXP Semiconductors: Report

Firstpost  

Qualcomm is now preparing a new submission to SAMR aimed at providing final guarantees and assurances, the sources said. Qualcomm Inc is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV, three sources told Reuters. Qualcomm is likely to meet Chinese …

China resumes its review of Qualcomm's $44 billion takeover bid of NXP Semiconductor: Bloomberg
6 years, 10 months ago

China resumes its review of Qualcomm's $44 billion takeover bid of NXP Semiconductor: Bloomberg

Firstpost  

China’s commerce ministry has been asked to speed up the review of the deal and Qualcomm’s proposed remedies to protect local companies. China has resumed its review of US chipmaker Qualcomm Inc’s proposed $44 billion takeovers of NXP Semiconductors NV, Bloomberg reported on Monday, citing unidentified sources. China’s commerce ministry has been asked to speed up the review of the …

Broadcom unlikely to slow down its acquisition of Qualcomm despite Trump blocking it for national security reasons
7 years ago

Broadcom unlikely to slow down its acquisition of Qualcomm despite Trump blocking it for national security reasons

Firstpost  

Most analysts assume Broadcom will now walk away from Qualcomm, with some flagging San Jose-based Xilinx Inc and Israel’s Mellanox Technologies. Broadcom Ltd Chief Executive Hock Tan is unlikely to slow his acquisition spree after U.S. President Donald Trump blocked the microchip maker’s $117 billion bid for Qualcomm Inc on national security grounds, analysts said on Tuesday. Most analysts assume …

Donald Trump blocks Broadcom's proposed takeover of Qualcomm on grounds of national security
7 years ago

Donald Trump blocks Broadcom's proposed takeover of Qualcomm on grounds of national security

Firstpost  

San Diego-based Qualcomm has emerged as one of the biggest competitors to China’s Huawei Technologies Co in the sector, making Qualcomm a prized asset. US President Donald Trump on Monday blocked semiconductor maker Broadcom Ltd’s proposed takeover of Qualcomm on grounds of national security, ending what would have been the technology industry’s biggest deal ever. Qualcomm had earlier rebuffed Broadcom’s …

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's raised offer to buy NXP Semiconductors now has backing from Elliott Management
7 years, 1 month ago

Qualcomm's raised offer to buy NXP Semiconductors now has backing from Elliott Management

Firstpost  

Qualcomm said it needs to buy a minimum 70 percent of NXP’s outstanding shares, instead of the 80 percent required in the earlier agreement. U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the …

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 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 …

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 …

NXP Semiconductor expects self-driving cars to help consolidation in chip sector
8 years, 4 months ago

NXP Semiconductor expects self-driving cars to help consolidation in chip sector

Firstpost  

NXP Semiconductor, the world’s largest chip supplier to the automotive industry, expects efforts to make self-driving cars will lead to more consolidation in its sector, the company’s automotive head told Reuters. The chip industry has been undergoing rapid consolidation as companies try to capture market share, much of it related to connected devices and cars, as smartphone sales growth flattens. …

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, 5 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 …

American Qualcomm buys Dutch NXP in €43 billion deal
8 years, 5 months ago

American Qualcomm buys Dutch NXP in €43 billion deal

NL Times  

United States company Qualcomm acquired Dutch chipmaker NXP in a deal that involves about 43 billion euros, NOS reports. According to the broadcaster, this is one of the largest acquisitions of a Dutch company in history. Bloomberg previously reported that Qualcomm wants to reduce its dependence on the smartphone market, which is slowing down. Last year the Dutch company, formerly …

Qualcomm puts faith in China's IP legal system
8 years, 9 months ago

Qualcomm puts faith in China's IP legal system

China Daily  

People check the new smartphones released by Meizu Technology Co at a launch ceremony in Beijing. Qualcomm Inc, the biggest mobile phone chipmaker, is filing a lawsuit in Beijing against a Chinese phone maker, the first major test of a hard-won agreement with the Chinese government to allow it to enforce its right to charge fees for the use of …

Qualcomm puts faith in China's IP legal system
8 years, 9 months ago

Qualcomm puts faith in China's IP legal system

China Daily  

People check the new smartphones released by Meizu Technology Co at a launch ceremony in Beijing. Qualcomm Inc, the biggest mobile phone chipmaker, is filing a lawsuit in Beijing against a Chinese phone maker, the first major test of a hard-won agreement with the Chinese government to allow it to enforce its right to charge fees for the use of …

Qualcomm chipping in for China's smart tech future[2]- Chinadaily.com.cn
9 years ago

Qualcomm chipping in for China's smart tech future[2]- Chinadaily.com.cn

China Daily  

That is one of the high points of his second stint with Qualcomm China. For its part, to reinforce its commitment to the China market, Qualcomm pledged a $150-million venture investment fund, to support Chinese startups in areas such as Internet, e-commerce, semi-conductors and health. Around the time Meng returned to the company, a Qualcomm affiliate formed a joint venture …

Qualcomm trying to help Chinese phone makers expand abroad, by setting up a local unit
9 years, 11 months ago

Qualcomm trying to help Chinese phone makers expand abroad, by setting up a local unit

Firstpost  

Qualcomm has launched a unit in China to help local smartphone makers expand operations in overseas markets. This is part of Qualcomm’s efforts to build strong relationship with China, specially since more than half of Qualcomm’s revenue comes from Chinese customers. A lot of Chinese phone makers had complained about Qualcomm pricing its technology unfairly, which led to a 15-month …

High royalties key reason behind Qualcomm fine: NDRC[1]- Chinadaily.com.cn
10 years, 1 month ago

High royalties key reason behind Qualcomm fine: NDRC[1]- Chinadaily.com.cn

China Daily  

The sign hanging outside the Qualcomm booth is seen at the International Consumer Electronics show in Las Vegas, Nevada January 6, 2015. China's antitrust regulator Tuesday announced to impose a penalty of 6.08 billion yuan on Qualcomm Inc, the highest penalty since China's antitrust law took into effect in 2008. The "unfair" and "excessively high" royalties Qualcomm Inc collected from …

Qualcomm may face $1 bn fine in China for abusing market position
10 years, 2 months ago

Qualcomm may face $1 bn fine in China for abusing market position

Firstpost  

Beijing: Qualcomm, the world’s biggest cellphone chip maker, may face a record fine of over $1 billion in China for overcharging and abusing its market position in wireless communication standards. The final decision may include a record fine and changes as to how Qualcomm licenses its technology to handset makers in China. China’s National Development and Reform Commission has said …

For Qualcomm, China settlement may be just the beginning[1]- Chinadaily.com.cn
10 years, 3 months ago

For Qualcomm, China settlement may be just the beginning[1]- Chinadaily.com.cn

China Daily  

The Qualcomm sign at their global headquarters in San Diego, California. The settlement of China's antitrust probe into Qualcomm Inc 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 Samsung. Anti-trust probes in Europe and by the US Federal …

For Qualcomm, China settlement may be just the beginning
10 years, 3 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 …

Li positive on govt-Qualcomm resolution
10 years, 4 months ago

Li positive on govt-Qualcomm resolution

China Daily  

Qualcomm CEO Steve Mollenkopf speaks during a news conference at the Consumer Electronics Show press day in Las Vegas on Jan 6, 2014. Premier Li Keqiang said the Chinese government and Qualcomm Inc will be able to find a win-win solution to solve the "current difficulties", referring to the ongoing antitrust probe against the world's leading chip manufacturer. He said …

Chipmaker Qualcomm may face EU antitrust probe: Report
10 years, 7 months ago

Chipmaker Qualcomm may face EU antitrust probe: Report

Firstpost  

Qualcomm, the world’s No. 1 mobile chipmaker, may face a European investigation related to a four-year-old complaint from a subsidiary of rival Nvidia, three people familiar with the matter said on Tuesday. An EU probe would come at an awkward time for Qualcomm, which is seeking to end an investigation by China’s pricing regulator into monopoly practices. In 2010, the …

China to declare chipmaker Qualcomm a monopoly as probe concludes
10 years, 8 months ago

China to declare chipmaker Qualcomm a monopoly as probe concludes

Firstpost  

Chinese regulators have concluded Qualcomm, one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday. Regulators have completed an investigation of Qualcomm, the China Daily newspaper said, citing Xu Kunlin, director of the anti-monopoly bureau of the National Development and Reform Commission, China’s economic planning agency. Chinese regulators said earlier they …

US chipmaker to be deemed monopoly
10 years, 8 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 …

Qualcomm to sell its first China-specific chips this year
10 years, 9 months ago

Qualcomm to sell its first China-specific chips this year

China Daily  

Visitors walk past the Qualcomm stand at the Mobile World Congress in Barcelona in this file photo taken February 24, 2014. Qualcomm Inc plans to sell its first smartphone chips tailored to China this year, as the US maker of chips for high-end phones adapts to a market where growth is increasingly driven by low-priced handsets. But revenue in the …

Qualcomm faces antitrust probe in China
11 years, 4 months ago

Qualcomm faces antitrust probe in China

Firstpost  

Chinese regulators have launched an anti-trust investigation into Qualcomm, the U.S. mobile chipmaker said on Monday… Chinese regulators have launched an anti-trust investigation into Qualcomm, the U.S. mobile chipmaker said on Monday, and some experts suggested China’s government may be seeking leverage in royalty negotiations. China’s largest cellphone carrier is preparing a major move to 4G wireless technology next year, …

Qualcomm looks beyond cell phones
14 years, 3 months ago

Qualcomm looks beyond cell phones

China Daily  

进入英语学习论坛下载音频 去听写专区一展身手 Qualcomm Inc said on Thursday that it plans to expand its business outside the cell phone market, as the popularity of mobile devices, such as tablet computers and portable gaming devices, is expected to provide huge opportunities for the US cell phone chip maker. The remark may put Qualcomm in direct competition with traditional computer chip makers, such …

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