China seen scrutinising Qualcomm, Broadcom deal

ReutersNews Published November 7, 2017 0 Plays

Rumble A potential mega-merger between chipmaker Broadcom and U.S. rival Qualcomm is likely to face stern scrutiny in China, antitrust lawyers say, amid a strategic push by Beijing into semiconductors. As David Pollard reports, Broadcom made an unsolicited $103 billion bid for Qualcomm on Monday, aimed at creating a $200-billion-plus behemoth that could reshape the industry at the heart of mobile phone hardware.