Qualcomm-NXP deal still on hold in China, trade talks with U.S. eyed: sources

BEIJING/SHANGHAI (Reuters) – Qualcomm’s proposed $44 billion takeover of rival NXP Semiconductors is yet to see a concrete breakthrough in China, sources said, tempering hopes a lull in trade tensions with the United States had prompted Beijing to speed up its ruling on the deal.

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Source:: Reuters – Business News