Advertisement
Australia markets closed

  • ALL ORDS

    8,022.70
    +28.50 (+0.36%)
     

  • ASX 200

    7,749.00
    +27.40 (+0.35%)
     

  • AUD/USD

    0.6604
    -0.0017 (-0.26%)
     

  • OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD

    2,366.90
    +26.60 (+1.14%)
     

  • Bitcoin AUD

    91,842.70
    -2,719.25 (-2.88%)
     

  • CMC Crypto 200

    1,302.78
    -55.23 (-4.07%)
     

  • AUD/EUR

    0.6128
    -0.0010 (-0.16%)
     

  • AUD/NZD

    1.0963
    -0.0006 (-0.05%)
     

  • NZX 50

    11,755.17
    +8.59 (+0.07%)
     

  • NASDAQ

    18,161.18
    +47.72 (+0.26%)
     

  • FTSE

    8,433.76
    +52.41 (+0.63%)
     

  • Dow Jones

    39,512.84
    +125.08 (+0.32%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

China’s Positive Comments on the Qualcomm-NXP Merger

Scarlett Ness
Updated
China’s Positive Comments on the Qualcomm-NXP Merger

On December 3, the White House stated that President Trump mentioned the unapproved Qualcomm (QCOM) and NXP Semiconductors (NXP) merger during the G20 summit with President Jinping. Qualcomm had to cancel the biggest semiconductor acquisition of $44 billion in July. Qualcomm wanted to buy NXP Semiconductors because of the company’s presence in China. The acquisition could have significantly boosted Qualcomm’s sluggish revenue trend. President Jinping seems to be positive about corporate mergers. ...

Continue reading