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Broadcom officially withdraws its Qualcomm takeover bid

At the start of the week, President Trump blocked Broadcom’s proposed takeover of Qualcomm on the grounds that it posed risks to national security. Initially, the chipmaker was scouring over the executive order with an idea to protest but it looks like Broadcom has withdrawn its bid entirely. The decision …

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As Qualcomm raises its NXP offer, Broadcom slashes $4 billion off of its Qualcomm buyout deal

For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion. On both occasions, Qualcomm declined, which led to Broadcom announcing a hostile takeover strategy, which hinges on swaying shareholders at Qualcomm’s next shareholder meeting. …

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Qualcomm reveal details on its upcoming Snapdragon 845

Earlier this week, Qualcomm officially announced its Snapdragon 845 chip that will presumably power the majority of flagship smartphones throughout 2018. Details were originally scarce, but the company has since given a full rundown of what to expect from the new mobile processor. Upgrading from the Snapdragon 835’s Kryo 280, …

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Qualcomm has rejected Broadcom’s $100B+ buyout bid

Earlier this month we learned that rival chip maker, Broadcom, would be making a $130 billion bid for Qualcomm. The deal would merge the two companies, creating the third largest chip maker in the world. However, it seems that Qualcomm is not interested in selling, with reports this week saying …

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Broadcom is offering to buy Qualcomm for $130 billion

Qualcomm already has its plate full with its various legal battles against Apple, but it looks like the company is about to have another issue to deal with. This week, rival chipmaker Broadcom made an unsolicited bid to take over Qualcomm, in a deal worth $130 billion. Broadcom is offering …

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Qualcomm appeal against South Korea FTC order for a second time

Back in December, the South Korean Fair Trade Commission found U.S. chipmaker Qualcomm guilty of monopolistic practises, resulting in a hefty $850 million fine. Its original appeal to the Seoul High Court was denied, but Qualcomm isn’t deterred easily with the company filing a second appeal. KFTC stated at the …

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