Qualcomm: Successful settlement of ZTE event will facilitate the acquisition of NXP

According to foreign media news, Qualcomm CEO Steven Mollenkonf said on Thursday that if the negotiations between the US Department of Commerce and ZTE can be resolved smoothly, it will benefit Qualcomm’s acquisition of NXP. Qualcomm’s initial acquisition of NXP began in 2016. However, due to the review of China's anti-monopoly authority, the Chinese government has still not passed Qualcomm's acquisition request.

Qualcomm: Successful settlement of ZTE event will facilitate the acquisition of NXP

According to industry sources, whether the transactions between Qualcomm and NXP can proceed smoothly depends on the final outcome of the ZTE Incident. Prior to this, the United States issued a refusal order requiring ZTE not to acquire or authorize any technology made or invented by the United States within the next seven years. And the product. Since ZTE violated trade sanctions against Iran and North Korea, the U.S. Department of Commerce sanctioned ZTE on this issue.

Of course, China, as the world’s largest semiconductor importer, is also Qualcomm’s largest market. The progress of the current ZTE incident is also affecting Qualcomm’s heart. Qualcomm’s acquisition of NXP has been pending, and Qualcomm also wants to complete the acquisition as soon as possible for the next step. .