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EU: Qualcomm-NXP ruling may be held in 2018

By  |  November 16, 2017

The European Union’s competition watchdog may not decide on the fate of Qualcomm Inc.’s US$38 billion buyout of NXP Semiconductors NV until next year, according to comments made Wednesday, November 15, by European Commissioner for Competition Margrethe Vestager.

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    People familiar with the matter told Reuters in October that Qualcomm has offered to buy NXP without some of its patents in a bid to win EU antitrust regulatory approval. The deal, the biggest-ever for the semiconductor industry, would make Qualcomm the leading supplier to the fast-growing automotive chips market.

    Full Content: Reuters

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