Articles about Qualcomm

Qual-gone: 1,200+ axed from Snapdragon, Centriq giant Qualcomm

Qualcomm says it is planning to eliminate more than 1,200 positions in an attempt to cut overhead costs. The Snapdragon and Centriq chip designer confirmed it had filed a mandatory Worker Adjustment and Retraining Notification (WARN) notice with the state of California, where it plans to cut more than 1,200 jobs in its …
Shaun Nichols, 20 Apr 2018
shutterstock_222258445-roadblock

ZTE now stands for 'zero tech exports' – US govt slaps 7-year ban on biz

The US government has imposed a seven-year export ban on ZTE for repeated violation of trade laws. The Department of Commerce announced on Monday it is placing a ban that will forbid US companies from doing business with the Chinese phone maker, including supplying it with parts and service contracts. The surprise move came …
Shaun Nichols, 16 Apr 2018
Comically sad tearful man doing fake-looking wail of despair. Photo by Shutterstock

Broadcom’s bid to win the hand of Qualcomm ends in tears

Singapore-based chip biz Broadcom announced today that it has withdrawn its bid for Qualcomm. The intervention by the administration of United States President, Donald Trump, at the urging of the Committee on Foreign Investment in the United States (CFIUS), appears to have been the last straw for the soon-to-be-US-based chip …
Richard Speed, 14 Mar 2018

Broadcom's buyout of Qualcomm bogs down as DC blocks merger

The White House crushed Broadcom's bid for Qualcomm, declaring the deal cannot go due to national security concerns. An executive order, handed down by the Trump administration on Monday, says that at the urging of the Committee on Foreign Investment in the United States, the President has decided to prohibit the deal and to …
Shaun Nichols, 12 Mar 2018
Dog waits on a Welcome mat. photo by sHutterstock

Broadcom moves to the US: CFIUS-inspired redomiciling makes for happy voters

Broadcom plans to bring forward its redomiciliation to the US to 3 April in a move that, of course, has nothing to do with Qualcomm's delayed stockholder meeting happening two days later. In an attempt to head off a potentially painful bit of probing by the Committee on Foreign Investment in the United States (CFIUS), the …
Richard Speed, 12 Mar 2018
Three way signpost

Intel ponders Broadcom buy as Qualcomm's exec chair steps away

Intel is reportedly so discomfited by the prospect of a combined Broadcom and Qualcomm that it will consider buying Broadcom to stop the transaction. A Wall Street Journal report last Friday cited the usual anonymous people with knowledge of the deal as having heard Intel has discussed it might need to take the role of apex …
Simon Sharwood, 12 Mar 2018

Broadcom baits hook with promise of $1.5bn investment fund to catch Qualcomm

Broadcom says it will earmark $1.5bn for funding of 5G wireless broadband networks as part of its proposed acquisition of Qualcomm. The chip designer said Wednesday that, should its $117bn buyout plan for Qualcomm go through, it will set up a $1.5bn fund to "focus on innovation to train and educate the next generation of …
Shaun Nichols, 7 Mar 2018
Shouting match

Broadcom, you've been punk'd: Qualcomm puts stockholder vote on hold for US security probe

Qualcomm took a deep breath, counted to three and responded to Broadcom's weekend broadside before postponing its stockholder meeting by a month. And Broadcom hit right back. The Singapore-based chip business accused Qualcomm of tipping the wink to the US Committee on Foreign Investment in the United States (CFIUS) to take a …
Richard Speed, 6 Mar 2018

SCREEEECH: US national security agency puts brakes on Qualcomm takeover

American national security bods on the US government's Committee on Foreign Investment in the United States (CFIUS) have asked Qualcomm to delay tomorrow’s vote on Broadcom’s proposed $117bn (£84.7bn) takeover. With a timing to make even the most imaginative soap opera writer slap a palm to face and mutter "steady on now, …
Richard Speed, 5 Mar 2018

Now Europe is getting jitters over Broadcom's Qualcomm takeover bid

Chipmaker Broadcom's proposed $142bn (£103bn) hostile takeover of Qualcomm has given European lawmakers the willies over data protection implications for EU citizens. It follows concerns raised by the Committee on Foreign Investment in the United States, which is reportedly concerned about Singapore-based Broadcom parking its …
Kat Hall, 2 Mar 2018
White House

US national security agency sniffs around Broadcom bid for Qualcomm – reports

The tale of the Qualcomm and Broadcom merger has taken a turn for the surreal, with The Men In Black (aka the Committee on Foreign Investment in the United States – CFIUS) taking an interest. CFIUS, an inter-agency panel that reviews the national security implications of foreign investments in the US, is likely a little …
Richard Speed, 27 Feb 2018
Teen argues with her father. Photo by Shutterstock

Qualcomm, Broadcom sitting in a tree, you'll have to cough up more if you wanna buy me

Qualcomm has urged chip-slinger Broadcom to return to the negotiating table with a better deal than the $117bn on offer. In a letter dated February 26, Dr Paul Jacobs, chairman of Qualcomm's board, asked Hock Tan, CEO of Singapore-based Broadcom, to reconsider the lowered offer made for the Snapdragon designer. In an …
Richard Speed, 26 Feb 2018
Qualcomm Stadium in San Diego

802.11ax Wi-Fi standard isn't ready, Qualcomm bakes chips anyway

In November 2017, the next version of Wi-Fi, 802.11ax, stalled in the Institute of Electrical and Electronics Engineers's (IEEE's) standards process, but vendors want to push ahead with at least some of its features, according to Qualcomm Wi-Fi product marketing lead Prakash Sangam. Speaking to The Register after the company …
Car on Monopoly board. PHOTO BY Kamira, editorial use ONLY VIA SHUTTERSTOCK

Who wants to play monopoly with no get-out-of-jail-free card, Qualcomm asks its shareholders

Qualcomm is hoping to scare its shareholders away from considering Broadcom's takeover offer – by predicting regulatory doom and gloom for the combined company. The Snapdragon chip designer has enlisted the help of what it calls "former senior antitrust enforcers and leading antitrust experts" in publishing a report expressing …
Shaun Nichols, 23 Feb 2018
Fingers measuring a tiny distance

Qualcomm disappointed by Broadcom's 'inadequate' shrinking package

Qualcomm has told Broadcom to – and this is a technical term, here – go screw itself after Broadcom cynically lowered its per-share buyout offer to the Snapdragon chipset designer. Yes, that's right, after months of aggressively eying up Qualcomm as an acquisition target, Broadcom on Wednesday reduced what it was willing to …
Shaun Nichols, 21 Feb 2018
"Flaamse friet" traditional Flemish chips as sold in the Netherlands/Belgium etc

Qualcomm opens maw, prepares to swallow Dutch chipmaker NXP

While fending off unwanted advances from a determined suitor, chip-maker Qualcomm has had an increased bid for NXP Semiconductors accepted. The chip biz, whose products are found in most smartphones, from Apple to Android, looks set to finally snaffle NXP in order to further extend its reach into the world of automotive, IoT …
Richard Speed, 20 Feb 2018
An eraser

Microsoft reveals 'limitations of apps and experiences on Arm' – then deletes from view

Microsoft published a webpage listing Windows 10's "limitations of apps and experiences on Arm," earlier this month – and then mysteriously pulled it. The document appeared at https://docs.microsoft.com/en-us/windows/uwp/porting/apps-on-arm-limitations last on Thursday, February 15. It now redirects to https://docs.microsoft. …
Simon Sharwood, 19 Feb 2018
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Qualcomm rejects Valentine's Day takeover love-in with Broadcom

Fresh from telling us all how its “highly qualified” board would see off a hostile takeover from Broadcom, chip biz Qualcomm is now getting around the table with its buyout-happy rival. A meeting between the two companies, which was announced a short while ago, took place on Valentine’s Day (awww). Broadcom has offered to buy …
Gareth Corfield, 16 Feb 2018

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