Qualcomm Nxp Purchase Or Victim Of Trade War In The Us

The Qualcomm technology company is considered to be the largest acquisition transaction in the semiconductor industry. It is likely to become a victim of the US China trade war.

The 25 day of this month is the deadline for high pass acquisition of NXP (NXP) semiconductor, which has been approved by the US, EU, South Korea, Japan and other national regulatory authorities. The only obstacle is the anti-monopoly approval of China's regulatory authorities. If China does not let it go on Wednesday, July 25th, Qualcomm will have to give up the 19 - month deal and pay $2 billion to NK.

Qualcomm chief executive Mo Lenkov said last week that if the takeover failed, Qualcomm would buy back 20 billion -300 billion shares to boost its share price.

The Qualcomm Corp, headquartered in San Diego, California, is the global leader in 3G, 4G and 5G technology, providing technical authorization to some of the world's largest manufacturers, and its business involves almost all telecommunications and consumer electronics brands in the world.

Qualcomm announced the acquisition of NXP in October 2016. The United States has rejected a deal to buy high Qualcomm in Singapore on the ground that the competition may threaten national security, so that Qualcomm can continue to push the takeover of NJI.

The deal is critical to Qualcomm's expansion of its chip business. Qualcomm chips focus on mobile computing and communications, and NXP chips focus on smart cars, Internet of things, mobile payments and other fields.
As a global chip giant, missing the acquisition of NXP means Qualcomm will miss the best opportunity for future competition.