Qualcomm offers to buy NXP minus some patents to allay EU concerns


  • TECH
  • Wednesday, 11 Oct 2017

Qualcomm has told regulators it will not acquire NXP's standard essential patents.

BRUSSELS: US smartphone chipmaker Qualcomm has offered to buy NXP Semiconductors without some of its patents in a bid to win EU antitrust regulatory approval for the US$38bil (RM160.2bil) deal, two people familiar with the matter said on Tuesday. 

The NXP deal, the biggest-ever in the semiconductor industry, would make Qualcomm the leading supplier to the fast-growing automotive chips market.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

EU court adviser backs data privacy activist Schrems in Meta fight
Spotify says Apple has rejected its app update with price information for EU users
Amazon to invest $11 billion in Indiana to build data centers
IBM falls as enterprise-spending constraints choke consulting demand
Net neutrality rules to be restored in US agency vote
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
AI spending worries cast gloom over Alphabet, Microsoft
Electric cars and digital connectivity dominate at Beijing auto show
Most global tech leaders see their companies unprepared for AI

Others Also Read