Tag: Qualcomm

13 NOV

Qualcomm rejects Broadcom’s takeover bid

(Reuters) — Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd’s $ 103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles. Shares of Qualcomm were up 1.8 percent at $ 65.74 in early afternoon trading, while those of Broadcom were down 0.4 percent at $ 263.95. Broadcom said it […]

13 NOV

Qualcomm plans to reject Broadcom’s takeover bid

Broadcom might have to forget about taking over Qualcomm without a fight — Reuters sources claim that Qualcomm’s board is planning to reject the unsolicited buyout bid. Reportedly, Broadcom’s offer of $ 70 per share, despite setting a record, “undervalues” Qualcomm and doesn’t account for the potential regulatory hurdles involved in clinching such a huge […]

11 NOV

WALL STREET PAYDAY: Banks could earn $280 million from Broadcom’s mega-bid for Qualcomm (AVGO, QCOM, JPM, MS, MC, C)

Colin E. Braley/AP Broadcom has announced a $ 130 billion takeover bid for fellow semiconductor giant Qualcomm. It would be the largest tech acquisition of all time.  Wall Street bankers could earn as much as $ 280 million in fees for advising on the deal.  Broadcom sent tremors through the semiconductor industry when it unveiled […]

07 NOV

China is likely scrutinizing Broadcom’s $130 billion Qualcomm bid

(Reuters) — A potential mega-merger between chipmaker Broadcom Ltd and U.S. rival Qualcomm Inc is likely to face stern scrutiny in China, antitrust lawyers say, amid a strategic push by Beijing into semiconductors. Broadcom made an unsolicited $ 103 billion bid for Qualcomm on Monday, aimed at creating a $ 200-billion-plus behemoth that could reshape […]

05 NOV

Broadcom wants to buy Qualcomm

(Reuters) — Communications chipmaker Broadcom Ltd is planning to unveil a bid for smartphone chip supplier Qualcomm Inc by Monday, three sources familiar with the matter said on Friday, an attempt to create a roughly $ 200-billion company through the biggest technology acquisition ever. A tie-up would combine two of the largest makers of wireless […]

31 OCT

On the outs with Qualcomm? Apple looking at Intel, MediaTek for modem silicon

Enlarge / The iPhone 8 and iPhone 8 Plus. (credit: Samuel Axon) The latest news in the Apple-Qualcomm saga suggests that Apple may be trying to leave the chipmaker behind as soon as next year. A report by The Wall Street Journal states that Apple is designing iPhones and iPads that do not use Qualcomm […]

14 OCT

Qualcomm files lawsuits in China to ban iPhones

(Reuters) — Qualcomm Inc confirmed an earlier report that the chipmaker had filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s iPhones in the country. Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, a company spokeswoman confirmed on Friday, but […]

13 OCT

Qualcomm wants Chinese courts to ban iPhones in China (QCOM, AAPL)

Getty/Chip Somodevilla Qualcomm filed lawsuits in China, seeking to halt the manufacture and sale of Apple’s iPhones in the country, Bloomberg reported on Friday. Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, Bloomberg said, citing a Qualcomm spokeswoman.  Apple’s shares were up marginally, while Qualcomm […]

13 OCT

Qualcomm files lawsuit in China to stop production of iPhones

Qualcomm filed suit in China requesting a ban on the creation and sale of iPhones in the country, Bloomberg reported. It’s the latest in the bitter legal feud between the tech titans, which recently got the US trade commission to start looking into their patent fight. Developing… Source: Bloomberg Engadget RSS Feed