A building on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake
BEIJING: 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 US$44bil acquisition of NXP Semiconductors NV, sources told Reuters.
The acquisition has been caught in the crosshairs of rising US-China trade tensions, with sources saying an approval would depend on the progress of broader bilateral talks.
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