Trump Blocks Broadcom's Qualcomm Buy on Security Grounds

Administration Cites National Security, R&D Concerns
President Donald Trump has blocked a bid by Singapore’s Broadcom to acquire U.S. chipmaker Qualcomm on the grounds that could it could impact national security, including the United States’ ability to help shape future mobile telephony standards.

Source: Bank Info Security
Trump Blocks Broadcom’s Qualcomm Buy on Security Grounds

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