According to the Financial Times, wireless chipmaker Broadcom proposed a $ 100 billion tender offer to rival Qualcomm, a move that Broadcom had planned to acquire as early as Qualcomm's acquisition of NXP.
Qualcomm did not comment on the acquisition, but according to insiders, Qualcomm may consider it a hostile takeover bid.
Broadcom, a maker of wireless chips, has some competition with Qualcomm, but Qualcomm's LTE and 5G chips outperform the market average. According to ifixit's dismantling of the iPhone X, the iPhone X modem (mostly Of communication chips) are provided by Qualcomm, while Broadcom offers other wireless components, while NFC-enabled NFC chips are provided by NXP (Qualcomm).
It is unclear yet the possibility of a successful acquisition, as antitrust authorities may be challenged in the acquisition, and Broadcom may have the complete monopoly of the wireless chip market once the acquisition is really completed.
According to the Financial Times, wireless chipmaker Broadcom filed a $ 100bn takeover bid for rival Qualcomm, a move it has learned has long been a buyout of Qualcomm when Qualcomm is preparing to acquire NXP.
Qualcomm did not comment on the acquisition, but according to insiders, Qualcomm may consider it a hostile takeover bid.
Broadcom, as a wireless chip maker, has some competition with Qualcomm, but Qualcomm's LTE and 5G chips outperform the market average. According to ifixit's dismantling of the iPhone X, the iPhone X modem (mostly Of communication chips) are provided by Qualcomm, while Broadcom offers other wireless components, while NFC-enabled NFC chips are provided by NXP (Qualcomm).
It is unclear yet the possibility of a successful acquisition, as antitrust authorities may be challenged in the acquisition, and Broadcom may have the complete monopoly on the wireless chip market once the acquisition is really completed.
