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KM Financial Solutions | NXP Semiconductors sells China JV stake as Qualcomm takeover awaits Beijing nod
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NXP Semiconductors sells China JV stake as Qualcomm takeover awaits Beijing nod

27 Mar NXP Semiconductors sells China JV stake as Qualcomm takeover awaits Beijing nod

Posted at 04:16h in News by
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BEIJING, March 28 (Reuters) – U.S. chipmaker NXP
Semiconductors NV, target of a $44 billion takeover by
Qualcomm Inc that is awaiting approval by Chinese
antimonopoly regulators, has sold its stake in a Chinese
chip-design joint venture.

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