Meanwhile, Qualcomm is in the process of acquiring NXP Semiconductors NV, another major chip supplier. Qualcomm traded above US$70 a year ago. Qualcomm was slapped with record fines in South Korea and Taiwan and an antitrust suit by the U.S. government.Qualcomm has its own mega deal to worry about. But it may be delayed until next year due to government scrutiny, particularly from the European Union and China, the companies have said. They had aimed to close the acquisition by the end of 2017.

Source: The Star November 06, 2017 05:48 UTC