President Trump halts Broadcom takeover of Qualcomm

Filed under: News |

(Reuters) – U.S. President Donald Trump on Monday blocked microchip maker Broadcom Ltd’s proposed takeover of Qualcomm Inc on national security grounds, ending what would have been the technology industry’s biggest deal ever amid concerns that it would give China the upper hand in mobile communications.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/sNOvy7s8s-8/president-trump-halts-broadcom-takeover-of-qualcomm-idUSKCN1GO1Q4

      

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