GSMArena.com - Latest articles: Qualcomm announces growth in latest quarter, pulls out of NXP acquisition

GSMArena.com - Latest articles GSMArena.com is the ultimate resource for GSM handset information. This feed contains the latest articles (news and reviews) in chronological order.

Qualcomm announces growth in latest quarter, pulls out of NXP acquisition Jul 26th 2018, 11:00 Qualcomm announced its results for the three-month period, ending on June 24. Both revenue and operating income have grown on a quarterly and yearly basis, but another announcement also grabbed our attention - the San Diego company is pulling out of the NXP acquisition after failing to obtain agreement from Chinese regulators. Qualcomm wanted to purchase the Eindhoven-based NXP back in February for $44 billion. The San Diego chipset manufacturer got approval from 8 key regulatory bodies, but the 9th and last one - the Chinese State Administration for Market Regulation with the...

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