A $44 billion deal is going down the drain because it needs approval from Chinese regulators. The US and China are in a complicated relationship right now.
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China may finally approve Qualcomm buyout of NXP
The potential move comes in the context of recent trade tensions between the US and China that could be easing up over a few isolated deals.
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Qualcomm 1Q18 earnings beat the street, but there are plenty of aches
Given the stumbling blocks Qualcomm has in front of it, such as Apple, Chinese regulators and grabby investors, the company has done a good job with the bottom line.
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Qualcomm 1Q18 earnings beat the street, but there are plenty of aches
Given the stumbling blocks Qualcomm has in front of it, such as Apple, Chinese regulators and grabby investors, the company has done a good job with the bottom line.
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Qualcomm inches closer to NXP acquisition with revised $44 billion offer
Qualcomm may well kill two birds with one stone by offering NXP more cash for a long-in-the-making acquisition, also keeping potential buyer Broadcom at bay.
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Qualcomm facing activist investor pressure over NXP acquisition price
Broadcom wants Qualcomm, though the latter is looking for more money. And just like that, a major NXP investor wants more money from Qualcomm.
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As expected, Broadcom inches to hostile takeover of Qualcomm
It has nominated its choice of board members to manage Qualcomm as the competing chipmaker continues to drive a takeover deal.
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Qualcomm takeover of NXP to be approved by Japan, EU
This deal has been running through the approvals process over the past year, but eyes have been especially focused here since Broadcom's big bid.
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With NXP buyout ahead, Qualcomm 4Q16 earnings are a win
As Qualcomm bulks itself up with an acquisition of NXP Semiconductors to better position itself against Broadcom, the company has been able to end its fourth fiscal quarter on the bright side.
Overall revenues compare 13 percent better than last year with $6.2 billion recorded. Operating income soared by 58 percent to $1.8 billion, though both figures year-on-year differences measure to $700 million. Net income increased 51 percent to $1.6 billion.
It’s been a better year in the wider mobile market for QCOM with no overheating controversies affecting the Snapdragon 820 unlike the 810. For the quarter, the company was able to ship 211 million mobile chips — within the upper end of its target and beating analysts’ target of 206 million. Licensing agreements with Chinese manufacturers have also helped the company, though some OEMs have been bargaining too hard for its liking.
However, whole year results for the manufacturer were down from 2015 with a 7 percent dip in overall revenues, a 9 percent decline in operating income and a 13 percent slip in net income.
The company expects to increase its shipments for 2017 and serve more customers with its NXP service base. It also expects negligible impact from the omission of the Galaxy Note 7 from this year’s device calendar, according to PCWorld.
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Qualcomm expects $47 billion NXP acquisition to close by the end of 2017
This would be industry-shattering news if it didn’t make perfect sense and wasn’t already previewed in recent media speculation. Still, no one could have predicted Qualcomm’s desire to snag fellow semiconductor veteran NXP is so fervent that the San Diego-based tech giant agreed to cough up a whopping $47 billion.The Dutch company, founded way back in 2006, and the generator of $1.4 billion net income on $6.1B revenue last year, is currently “only” evaluated at around $33.5 billion. But ...
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Forget Twitter, this fall’s biggest tech acquisition could see Qualcomm snap up NXP
The vast majority of today’s popular premium smartphones, iPhones not included, are powered by Snapdragon chips, despite Qualcomm’s highly publicized 810 overheating woes just last year.The San Diego-based semiconductor giant is also making decent headway in the low to mid-end handheld space, where MediaTek remains quite competitive, while the next wave of smartwatches should adopt its own custom-designed Snapdragons.Still, ...
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