Recently, the G20 summit was held in Argentina. China and the United States held a dialogue at the summit, including the acquisition of Qualcomm and NXP. Chinese President Xi Jinping said that if Qualcomm still intends to acquire NXP, Chinese institutions will pass the Review. The largest acquisition in the history of the global chip may have a new turn.
In response to this news, Qualcomm told the media: “We are grateful to President Trump and President Xi Jinping for mentioning Qualcomm’s previous acquisition of NXP. The deadline for the acquisition has passed, the expected transaction It has been terminated. Qualcomm believes that this matter is over and we are fully focused on continuing to implement the company’s 5G roadmap.”