The semiconductor giant Broadcom was interested in the acquisition of Qualcomm. It was a slap in the air. It was thought that this was only a farce between the business giants. They could not think of Broadcom's conditions for several tripartite trips, and they were eager to take the chip out of the bag.
However, a few days ago, US President Trump unilaterally vetoed this acquisition because the 'this may pose a threat to national security'. This veto ended the acquisition of Broadcom. The total amount of this acquisition has been as high as before. 117 billion U.S. dollars.
It was alleged that Trump’s decision came from the advice of foreign investment committees in the United States, who feared that Broadcom would cut R&D investment after acquiring Qualcomm, thus affecting Qualcomm’s competitive advantage in the market. Broadcom’s official stated that it’s strongly dissatisfied with Trump’s decision. ', And promised that after the acquisition is completed, it will not transfer any assets related to the US national security to other companies. They also said that 'we will set up a $ 1.5 billion fund for technical training to ensure that the United States is leading in mobile communications R&D.'
However, Trump does not feel bad about these conditions.
For the end user, Broadcom's failure to acquire Qualcomm is actually a big blessing. Once this acquisition is successful, the cooperation model between the mobile phone manufacturers and Qualcomm is likely to be overturned; Broadcom is also likely to be Qualcomm products (such as mobile SoC ) The price hike has affected the entire terminal industry chain. Before this, China's big-name mobile phone manufacturers (OV Mi et al.) once stood up to Qualcomm and opposed this acquisition.
Qualcomm, another protagonist of the incident, said that he has already seen Trump’s presidential decree and will reconvene a shareholders’ meeting as planned. The earliest meeting may take place on the 23rd of this month. The US government has already banned the Broadcom nomination. 15 individuals participated in the Qualcomm new board election.
The semiconductor giant Broadcom was interested in the acquisition of Qualcomm. It was a slap in the air. It was thought that this was only a farce between the business giants. They could not think of Broadcom's conditions for several tripartite trips, and they were eager to take the chip out of the bag.
However, a few days ago, US President Trump personally vetoed the acquisition because of the 'this may pose a threat to national security'. This veto terminated the acquisition of Broadcom. The total amount of this acquisition has been as high as possible. 117 billion U.S. dollars.
It was alleged that Trump’s decision came from the advice of foreign investment committees in the United States, who feared that Broadcom would cut R&D investment after acquiring Qualcomm, thereby affecting Qualcomm’s competitive advantage in the market. Broadcom’s official stated that it’s strongly dissatisfied with Trump’s decision. ', And promised that after the acquisition is completed will not transfer any assets related to the United States national security to other companies. They also said 'will set up a $ 1.5 billion fund for technical training to ensure that the United States in the field of mobile communications research and development leader'.
However, Trump does not feel bad about these conditions.
For end-users, Broadcom’s inability to acquire Qualcomm is actually a great blessing. Once the acquisition is successful, the cooperation model between mobile phone manufacturers and Qualcomm is likely to be overturned; Broadcom is also likely to be Qualcomm products (such as mobile SoC ) The price hike has affected the entire terminal industry chain. Before this, China's big-name mobile phone manufacturers (OV Mi et al.) once stood up to Qualcomm and opposed this acquisition.
Qualcomm, another protagonist of the incident, said that he has already seen Trump’s presidential decree and will reconvene a shareholders’ meeting as planned. The earliest meeting may take place on the 23rd of this month. The US government has already banned the Broadcom nomination. 15 individuals participated in the Qualcomm new board election.
