Qualcomm acquired NXP a major breakthrough, by the end of 2017 will be EU consent

According to the news quoted by insiders as "Bloomberg", a major breakthrough in Qualcomm's acquisition of NXP is likely to be approved by the EU by the end of 2017. Qualcomm promised not to acquire a subsidiary that belongs to NXP Standard key patents and system-level patents, such concessions conditions, making the European Commission's concerns have decreased.

The report said Qualcomm merged NXP case, the European Commission had been worried because Qualcomm was originally Android smart phone manufacturers and Apple's iPhone, an important supplier of relevant chips.In addition, the future will be acquired by NXP transactions , But also become a leader in the rapidly growing automotive market, leaving Qualcomm to become a giant in the overall semiconductor industry, which will prevent fair competition from other competitors.

In response, Qualcomm said in June 2017 that it is confident that the antitrust concerns of the EU will be reduced and M & A can be completed by the end of 2017. However, just two days ago EU competition commissioner Marg Margrethe Vestager said: The case for the acquisition of NXP Qualcomm, the EU may not be able to make a decision until the first quarter of 2018. And for the current related news reports, including QUALCOMM and NXP did not immediately respond, the European Commission did not immediately publish the matter comment.