> >

Broadcom to end bid for Qualcomm, keeps plan to move to U.S. - sources

Reuters India Wednesday, 14 March 2018
(Reuters) - Singapore-based Broadcom Ltd is planning to scrap its bid for Qualcomm Inc , after U.S. President Donald Trump blocked the chipmaker's proposed acquisition on national security grounds earlier this week, although it will press on with its plan to move its base to the United States, according to sources familiar with the matter.

You Might Like

Tweets about this

Other recent news in Business

RAFALE deal: French Minister refuses to comment on SC verdictDassault Aviation welcomes decision of SC on RAFALE DEAL
RAHUL GANDHI must apologise: Pradhan on Rafale verdictRafale row: KHARGE should file affidavit or review petition in court, says Swamy
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest