Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP […]
View More Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisitionCategory: NXP Semiconductors
NXP-Qualcomm $44B deal to clear China as Trump authorizes $50B tariffs
The U.S.-China trade battle enters an important new phase. The South China Morning Post is reporting that China’s Ministry of Commerce will clear Qualcomm’s pending $44 billion acquisition of NXP Semiconductors. One independent source also conveyed the same news to TechCrunch, although there has been no official word from Qualcomm, NXP or China at time […]
View More NXP-Qualcomm $44B deal to clear China as Trump authorizes $50B tariffsQualcomm extends NXP deal deadline following concern from Chinese government
The ongoing saga continues. Qualcomm has once again postponed the deadline for completing its proposed acquisition of NXP following concerns voiced by the Ministry of Commerce in China. The deal was first announced in October 2016 and things seemed to be progressing when Qualcomm raised its offer this past January to take the value of the deal […]
View More Qualcomm extends NXP deal deadline following concern from Chinese governmentChina offers to buy more U.S. semiconductors as it mulls stabbing Qualcomm in the back
In the deepening trade negotiations between China and the U.S., the bargaining chips are quite literally chips. According to multiple reports, China has offered to increase the percentage of semiconductor chips it buys from American sources, replacing offerings from South Korea and Taiwan, if the two countries can come to an economic agreement on moving […]
View More China offers to buy more U.S. semiconductors as it mulls stabbing Qualcomm in the backQualcomm’s war may be over, but the casualties are just starting to be calculated
The epic battle between Qualcomm and Broadcom seems to have hit a final ceasefire, with President Trump using the power of CFIUS to block the transaction this past week, ending what would have been the largest tech M&A transaction of all time. It may be all quiet on the semiconductor front, but Qualcomm and Broadcom […]
View More Qualcomm’s war may be over, but the casualties are just starting to be calculatedQualcomm rejects Broadcom’s $70 per share takeover offer
Qualcomm’s board of directors has unanimously voted to reject an acquisition offer from rival chipmaker Broadcom. Read More