Qualcomm Inc may win European Union approval for its takeover of NXP Semiconductors NV by the end of the year after striking a final deal with regulators on patent licensing issues. (File Photo) Qualcomm Inc may win European Union approval for its takeover of NXP Semiconductors NV by the end of the year after striking a final deal with regulators on patent licensing issues. The EU tested concessions Qualcomm submitted last month, which won over some of the initial critics of the deal, another person said. Completing the NXP purchase quickly might make Qualcomm more difficult for Broadcom to swallow, adding an overlap on Wi-Fi chips for regulators to scrutinize. While Qualcomm is said to be winning over opponents to its NXP deal behind the scenes in Brussels, the EU’s review process is currently in limbo.

Source: Indian Express November 17, 2017 07:41 UTC