On November 6 this year, Broadcom formally made an offer to Qualcomm, the world's largest mobile chipmaker, to offer Qualcomm at a price of about $ 70 a share for a total of about $ 105 billion and to support Qualcomm's continued acquisition of NXP Semiconductors Coupled with a willingness to pay $ 25 billion after Qualcomm, Broadcom will spend $ 130 billion on Qualcomm, which was rejected by Qualcomm a week later. On the night of December 4, Broadcom officially launched an hostile offer to Qualcomm to announce its nomination 11 candidates for the board of directors stationed in Qualcomm, the success will be waiting for next March's Qualcomm shareholders vote.
Qualcomm executive chairman Paul Jacobs said he saw the acquisition in the newspaper, saying: 'The company's board of directors agreed that Broadcom's offer underestimated Qualcomm's value. "He believes that over the years, Qualcomm invented a lot Things to promote the development of cellular technology in the world. There are many things to be done by Qualcomm, hope it will not be Broadcom interrupted.
'We do not think the quote is worth anything, we are far more than the price, at least this is my opinion, which of course needs to be decided by the board of directors,' says Molenkov.
Prior to the news that Broadcom CEO Chen Fuyang last year had the acquisition with Qualcomm privately had contact, but was rejected Qualcomm.
Molenkov also disclosed that Broadcom and Qualcomm had talks on a possible mix last year, saying that the semiconductor industry is going through a period of consolidation so anyone can make that talk.
This is the first time that Qualcomm's chief representative has publicly talked about the biggest deal in technology history and Morinkov said he is confident of the company's future direction for independence and the ability to resolve legal disputes that threaten the licensing business.
Qualcomm did not comment more on Broadcom's offer at the second Qualcomm Snapdragon Tech Summit in Hawaii. Qualcomm only responded to the two Qualcomm executive teams looking for two very urgent things Completed: First, to promote 5G technology; the second is to speed up the acquisition of NXP Semiconductors.