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Qualcomm ends deal 'doomed' by China-U.S. tension

Thursday, July 26, 2018 - 01:26

Qualcomm , the world's biggest maker of chips for mobile phones, said on Wednesday it would drop its $44 billion bid for NXP Semiconductors after failing to secure regulatory approval from China against a backdrop of widening trade tensions.

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Qualcomm , the world's biggest maker of chips for mobile phones, said on Wednesday it would drop its $44 billion bid for NXP Semiconductors after failing to secure regulatory approval from China against a backdrop of widening trade tensions.

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Qualcomm ends deal 'doomed' by China-U.S. tension

Thursday, July 26, 2018 - 01:26