Foreign media said that Qualcomm NXP transaction is in the final negotiation |

Abstract: The South China Morning Post and other foreign media published an article stating that Qualcomm is in the final negotiations with Chinese regulators to obtain approval for the transaction, and China will no longer use the transaction as a bargaining chip for US tariffs. At the last moment, Trading seems to be moving in a positive direction.

Episodes reported on July 25 (Reporter Zhang Yiqun) The acquisition of Qualcomm and NXP has reached the final countdown. Today, the South China Morning Post and other foreign media published an article pointing out that Qualcomm is in the final negotiations with the Chinese regulatory authorities. The transaction was approved, and China no longer used the deal as a bargaining chip against the US. At the last moment, the deal seems to be moving in a positive direction.

Last month, foreign media reported that China's anti-monopoly agencies had cleared the last obstacles at the regulatory level. But as the Trump administration continued to increase its trade in China and the United States, the results of the Qualcomm and NXP transactions were approved. uncertain.

However, the South China Morning Post believes that some recent signals from the Chinese government department indicate that the transaction may eventually be approved. The South China Morning Post quoted sources as saying that the Ministry of Industry and Information Technology tends to reach the deal. Since last month, it was reported that the country After the General Administration of Market Supervision cleared the barriers at the regulatory level, the Ministry of Industry and Information Technology has been evaluating whether the transaction will affect the Chinese technology industry.

Previously, due to the Sino-US trade war and the ZTE incident, the transaction between Qualcomm and NXP was regarded as a means of counter-production by China. However, the South China Morning Post article analyzed that from the recent actions of the Ministry of Industry and Information Technology, China no longer considers the pen. Trading as a bargaining chip to effectively deal with Sino-US trade wars.

The South China Morning Post also quoted research firm Gavekal Fathom China as saying that American companies have no expectation of sympathy from the White House in tariff wars. On the contrary, China wants to make foreign companies more popular.

According to foreign media reports, in the past few days, Qualcomm is in Beijing to carry out final communication with institutions including China's State Administration of Markets.

At present, the Ministry of Industry and Information Technology, Qualcomm, NXP and other aspects have not responded to this matter.

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