China Blocks Qualcomm’s Attempt to Buy a Dutch Chipmaker

Qualcomm planned to acquire NXP for $38 billion in an attempt to reduce its reliance on phones. China’s refusal to approve the deal is the latest salvo in ongoing trade wars.
Qualcomm planned to acquire NXP for $38 billion in an attempt to reduce its reliance on phones. China’s refusal to approve the deal is the latest salvo in ongoing trade wars.

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