China regulators approve Qualcomm-NXP Semiconductors merger deal: SCMP

FAN Editor
FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego
FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo

June 14, 2018

(Reuters) – Chinese regulators have approved Qualcomm Inc’s <QCOM.O> proposed merger with NXP Semiconductors <NXPI.O>, South China Morning Post reported on Thursday, citing people with knowledge of the matter.

The decision by China’s Ministry of Commerce clears a months-long antitrust roadblock caused by trade tensions between the United States and Beijing and will allow the takeover to proceed, SCMP reported. (

(Reporting by Nikhil Subba in Bengaluru; Editing by James Dalgleish)

Free America Network Articles

Leave a Reply

Next Post

AT&T to close Time Warner deal but government does not rule out appeal

Coaxial TV Cables are seen in front of AT&T and Time Warner logos in this picture illustration taken June 13, 2018. REUTERS/Dado Ruvic/Illustration June 14, 2018 By Diane Bartz and David Shepardson WASHINGTON (Reuters) – AT&T Inc may close its $85 billion deal to buy Time Warner Inc under an […]