China was “open to approving the previously unapproved” deal for Qualcomm to acquire NXP.
Qualcomm will pay NXP $2 billion in termination fee by 09:00 ET on July 26, as agreed.
Qualcomm on 25 July could be launching a gaming related chipset or a completely brand new SoC.
China reportedly hasn't yet approved US chipmaker Qualcomm's proposed $44 billion acquisition of NXP Semiconductors
China’s commerce ministry has been asked to speed up the review of the deal and Qualcomm’s proposed remedies to protect local companies.
NXP's Sanjay Gupta reveals the secret to developing robust and secure electronics for autonomous cars
One of the biggest concerns with autonomous cars has to be that of security. How do you trust your life to a vehicle that has a mind of its own?
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.
Apple sued Qualcomm last January, accusing it of overcharging for chips and refusing to pay some $1 billion in promised rebates.
Activist investor Elliott Management says NXP is worth 23 percent more than Qualcomm's $38 billion offer
Since it offered to buy NXP, Qualcomm itself has been the target of an acquisition approach from Broadcom Ltd.
Broadcom has offered to pay $103 billion for Qualcomm, made up of $60 per share in cash and $10 per share of its own stock.
Qualcomm shareholders would get $60 in cash and $10 per share in Broadcom shares. Including debt, Broadcom’s bid values the transaction at $130 billion.
The Taiwan Fair Trade Commission said on Wednesday it would fine Qualcomm T$23.4 billion ($774.14 million) for anti-trust violations of its chip technology.
Samsung is set to announce that it has set up an automotive strategic business unit for autonomous and advanced driver assistance services.
Samsung Electronics plans to triple the market share of its contract chip manufacturing business within the next five years by aggressively adding clients, a senior company executive said, as it targets new growth drivers for the chips business.
Smartphone chipmaker Qualcomm displayed technology for wireless charging of electric cars while driving on two Renault Kangoo vehicles.
EU regulators will decide by June 9 whether to clear smartphone chipmaker Qualcomm's $38 billion takeover of NXP Semiconductors.
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.
While we know of Qualcomm's presence in smartphones, smartwatches and appliances, it was easy to spot that in the automotive space there was not much happening. And that' exactly what Qualcomm pulled off today by acquiring NXP Semiconductors N.V. for $47 billion.
Qualcomm Inc said on Thursday it agreed to buy NXP Semiconductors NV for about $47 billion, including debt, as it seeks to expand the reach of its chips from phones to cars.