Qualcomm CEO: Sino US trade tensions are hampering its acquisition of NXP

category:Internet
 Qualcomm CEO: Sino US trade tensions are hampering its acquisition of NXP


Moran Kopff said in an interview recently: now is not a perfect environment for acquisition. But in 90 days, the situation may be very different. The US semiconductor company is waiting for approval from Chinese regulators to merge with Holland rival NXP semiconductor. China is the last of 9 approvals required by Qualcomm, and has led the company to withdraw and resubmit applications for more time. Moran Kopff said: I think China has not approved anything for other countries in the world. This is a very unusual situation. It is a good thing for China to conclude the transaction, and I am confident that the transaction will be approved. With the growing trade tensions between China and the United States, Qualcomm has been in trouble, and the semiconductor industry is considered to be the most vulnerable technology industry to be affected by regulatory action. But Moren coppf is optimistic that genuine negotiations between China and the US will be beneficial to Qualcomm. Real discussions tend to promote reconciliation and end hostilities, he said. I think this is the case now. We dont know when we can reach a settlement, but we are ready for this. (small) source of this article: NetEase science and technology report editor: Wang Fengzhi _NT2541 Moran Kopff said: I think China has not approved anything for other countries in the world. This is a very unusual situation. It is a good thing for China to conclude the transaction, and I am confident that the transaction will be approved. With the growing trade tensions between China and the United States, Qualcomm has been in trouble, and the semiconductor industry is considered to be the most vulnerable technology industry to be affected by regulatory action. But Moren coppf is optimistic that genuine negotiations between China and the US will be beneficial to Qualcomm. Real discussions tend to promote reconciliation and end hostilities, he said. I think this is the case now. We dont know when we can reach a settlement, but we are ready for this. (small)