Lost in the soap opera drama surrounding ZTE and the broader issues surrounding the trade war with China, is Qualcomm's $44 billion offer to buy NXP Semiconductors. Originally announced in October 2016, Qualcomm has received regulatory approval from eight of the nine countries required; the lone holdout is China. And the latter is reportedly not going to sign off on the transaction without some progress being made on its trade talks with U.S. negotiators.
Looking to generate some movement on the issue, Qualcomm is meeting with Chinese antitrust regulators in Beijing ...
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