Now that Broadcom can't acquire Qualcomm, investors are now looking for more money... or the promises of more money, at the very least.
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Now that Broadcom can't acquire Qualcomm, investors are now looking for more money... or the promises of more money, at the very least.
The post Shareholders vote current Qualcomm board back in, but with skepticism appeared first on Pocketnow.
He's a son of one of the founding members of Qualcomm and could be mounting an attempt to take the company back as a private firm. Shareholders were happy to see him go.
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There will be no more attempts by Broadcom to take Qualcomm over, as ordered by US President Donald Trump on national security grounds.
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Broadcom CEO Hock Tan was welcomed by the president back in November for announcing that the company would move back to the US from Singapore.
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If it looks like Broadcom is getting close to acquiring rival chipmaker Qualcomm, Intel could swoop in and try to take over Broadcom.
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$1.5 billion will go into a fund of which its general goal is to foster graduates into the engineering field. This as Broadcom states that it will be passed Qualcomm's baton in 5G.
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Broadcom calls out Qualcomm for requesting an investigation into its acquisition campaign. These are two of the largest chipmakers in the wireless and mobile sectors.
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Broadcom's recent "best and final offer" for a record-breaking Qualcomm takeover was not final after all, but it may well have been the best the potential seller will ever see.
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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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In a filing with the Securities & Exchange Commission, the chipmaker claims that about half of its licensing business is at risk with how Broadcom looks to conduct Qualcomm's business.
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But the semiconductors company did leave room for negotiation. It has beckoned the CEO of Broadcom to meet with its board of directors to discuss a "true highest price."
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They say Qualcomm's management is opposed to any Broadcom deal right now, but $130 billion sounds like an offer the semiconductor giant can't refuse.
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Samsung Electronics is keen to avoid a leadership "vacuum" with a younger new generation of managers while making even more money during Q3 than Q2 2017.
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For the first time in almost 25 years, someone other than Intel leads the semiconductor industry. The new king is Samsung, and its 2017 crown looks safe.
The post Samsung is officially the world’s top chipmaker, Intel likely to settle for second place overall this year appeared first on Pocketnow.
SK Hynix and Broadcom are two other foreign bidders for Toshiba's semiconductor unit. No Japanese companies have shown interest as of yet.
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