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Topic: Qualcomm

Qualcomm's Paul Jacobs removed from board as he pursues bid for company

03/16/2018, 08:03 pm

Just days after avoiding a hostile takeover by Singapore-based Broadcom, the situation at Qualcomm continued to devolve on Friday when former executive chairman and ex-CEO Paul Jacobs was stripped of his board position as he pursues a bid for the company.


Major Qualcomm shareholder says he opposed Broadcom bid in hopes of settlement with Apple

03/15/2018, 04:03 pm

The head of a mutual fund with 8.3 million shares in Qualcomm says he opposed Broadcom's now-aborted $117 billion takeover bid, thinking Qualcomm can do better -- so long as it settles its legal battles with Apple.


Broadcom to formally abandon Qualcomm bid, report says

03/13/2018, 10:03 pm

After President Donald Trump issued an executive order blocking Broadcom's proposed takeover of U.S. chipmaker Qualcomm, the Singapore-based company will formally announce an end to acquisition efforts, a report said Tuesday.


Trump blocks Broadcom takeover of Qualcomm citing national security risk

03/12/2018, 06:03 pm

President Donald Trump has quashed Singapore-based Broadcom's hostile pursuit of U.S. chipmaker Qualcomm citing national security concerns, the White House said in a statement on Monday.


Broadcom plans to 'redomicile' in US to nullify Qualcomm deal's CFIUS investigation delay

03/12/2018, 08:03 am

Broadcom is looking for shareholder approval to "redomicile" back to the U.S., to side-step the effects of a pause induced by a CFIUS investigative process, which could have ultimately stopped it's attempt to take over Qualcomm.


Broadcom plans shareholder vote to become US company, could sidestep CFIUS investigation into Qualcomm takeover

03/09/2018, 10:03 pm

Singapore-based Apple supplier Broadcom on Friday said it will this month ask shareholders for approval to redomicile to the U.S., potentially threatening a U.S. national security panel investigation into the company's unrelenting hostile pursuit of American chipmaker Qualcomm.


Intel reportedly poised to make defensive Broadcom bid amidst chip industry tumult

03/09/2018, 06:03 pm

In mulling its options over Broadcom's attempt to takeover embattled chip maker Qualcomm, Intel is reportedly considering an acquisition of Broadcom itself, a move designed to thwart the creation of a major industry competitor.


Benchmarks on shipping hardware find iPhone X superior to Samsung Galaxy S9+

03/08/2018, 08:03 pm

With the Galaxy S9 and S9+ now in the hands of tech reviewers, some are beginning to evaluate how Samsung's latest handsets stacks up against Apple's flagship iPhone X. One head-to-head shows the S9's Qualcomm Snapdragon 845 CPU, while speedy, is easily bested by Apple's A11 Bionic power plant.


Broadcom's Qualcomm takeover plans pose national security risk, US Treasury says

03/06/2018, 02:03 pm

The U.S. government considers there to be possible national security risks in Broadcom's proposed $117 billion acquistion of Qualcomm, enough to warrant a full-scale investigation, the U.S. Treasury's deputy assistant secretary for investment security said in a letter to the two Apple suppliers.


'Blatant, desperate' CFIUS investigation request postpones Broadcom's $117B Qualcomm bid

03/05/2018, 10:03 am

The U.S. Treasury Department's Committee on Foreign Investment (CFIUS) has ordered Apple supplier Qualcomm to delay a shareholders meeting 30 days, postponing -- if not potentially derailing -- Broadcom's attempted $117 billion hostile takeover.


Qualcomm unveils 2-gigabit LTE modem amid rumors Apple's iPhone going Intel-only

02/14/2018, 09:02 am

Qualcomm on Wednesday revealed the Snapdragon X24, its latest LTE modem for mobile devices, with peak download speeds hitting 2 gigabits per second -- though Apple may choose to forego the technology in its next iPhones.


Apple suppliers Qualcomm & Broadcom to meet directly to talk $121B acquisition deal

02/12/2018, 12:02 pm

Qualcomm and Broadcom will reportedly meet on Wednesday in order to discuss the latter's $121 billion takeover offer, despite Qualcomm's repeated rejections in the past.


Qualcomm board unanimously rejects Broadcom's $121B takeover bid

02/08/2018, 05:02 pm

Qualcomm on Thursday said its board of directors has unanimously rejected a revised $121 billion buyout offer from Broadcom, saying the proposal "materially undervalues" the chipmaker's assets.


Broadcom upping Qualcomm hostile takeover bid to $121 billion

02/05/2018, 08:02 am

The hostile takeover of Qualcomm continues, with Broadcom offering not just $60 per share of Qualcomm, but more than double the amount of stock for the combined entity that current shareholders will reap, should the deal conclude.


KGI: Intel might be exclusive modem supplier for 2018 iPhone lineup, Qualcomm iced out

02/04/2018, 01:02 am

According to noted analyst Ming-Chi Kuo, Intel's baseband chips are expected to power communications across Apple's entire 2018 iPhone lineup, a supplier switch that, if true, would deal a major blow to market leader Qualcomm.


Qualcomm share prices drop despite rosy earnings, new Samsung deal

01/31/2018, 05:01 pm

Despite beating street estimates on the back of market diversification, Qualcomm stock is down in aftermarket trading as shareholders await the resolution of external issues including an ongoing Apple licensing dispute, government probes and a hostile takeover by competitor Broadcom.


EU slaps Qualcomm with $1.23 billion fine over illegal chip payment to Apple

01/24/2018, 08:01 am

The European Union on Wednesday announced that it determined chipmaker Qualcomm illegally shut out rivals when it paid Apple billions of dollars to stick with its LTE baseband chips for five years. Qualcomm will pay a hefty price for its misdeeds: 997 million euros, or $1.23 billion U.S.


EU tipped to sanction Qualcomm over Apple chip deal with potential $2B fine

01/23/2018, 03:01 pm

The European Commission is reportedly preparing to sanction Qualcomm for anti-competitive practices in supplying components to Apple for use in its iPhones, with the antitrust watchdog potentially levying a fine against the chip producer of up to $2 billion.


As Qualcomm dispute drags on, Apple said to tap MediaTek for additional 2018 iPhone modem capacity

12/26/2017, 09:12 am

Looking to reduce its reliance on legal foe Qualcomm, Apple is said to be eyeing a partnership with Taiwan's MediaTek, which could supply baseband modem chipsets for iPhones beginning in 2018.


Judge sanctions Apple for failing to turn over documents in FTC case vs. Qualcomm

12/22/2017, 08:12 pm

A U.S. judge has approved sanctions against Apple, ordering the iPhone maker pay $25,000 for every day it doesn't produce requested documents in a Federal Trade Commission lawsuit against Qualcomm.