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Donald Trump blocks Broadcom's $140 bn bid for rival US chipmaker Qualcomm over national security concerns

Firstpost Tuesday, 13 March 2018
Trump claimed that "credible evidence" had led him to believe that if Broadcom were to acquire control of Qualcomm, it "might take action that threatens to impair the national security of the United States."
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News video: Trump Blocks Qualcomm Sale, Cites National Security Concerns

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This isn't the first time the president has blocked a foreign buyer from buying a U.S.-based company.

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