Case & News
Case & News
Home › Case & NewsNews › Detail

Qualcomm-NXP Deal Cleared by Europe, South Korea

Source:Wridy company limited Date:2018-01-31 13:41:15

SAN FRANCISCO — Antitrust regulators in the European Union and South Korea cleared Qualcomm's proposed $38 billion acquisition of NXP Semiconductors, leaving only China standing in the way.

To obtain clearance from the European Commission (EC) and the Korea Fair Trade Commission (KFTC), Qualcomm agreed to exclude some near-field communication patents from the deal and ensure that NXP licenses those patents to third parties. Qualcomm also agreed not to assert the NFC patents it will acquire and maintain interoperability between NFC chips and baseband chipsets offered by Qualcomm competitors. In addition, Qualcomm said it will continue to license NXP's MIFARE contactless payment technology on terms commensurate with those currently offered by NXP.

Analysts have speculated that Qualcomm will probably need to raise its bid to acquire NXP. Qualcomm's bid to acquire NXP for $110 per share represented a premium over NXP's stock price when it was originally made Oct. 27, 2016. However, NXP's share price had risen to $120 per share by Thursday (Jan. 18). 

Keywords     Chip
Prev               China Forecast to Miss Chip Targets

Wridy(Wridy company limited)main focus on the memory chip and memory bare die business since it founded.Also Wridy got the distribution authorization from some famous semiconductor brand.So Wridy's a professional distributor for memory chip & die.Our product include MRAM、FeRAM、NV-SRAM、Low Power SRAM、Async Fast SRAM、Sync High Speed SRAM、pSRAM、Serial SRAM、HyperRAM、OctaRAM、Low Power SDRAM and Flash...etc.

Wridy(Wridy company limited) is the authorized agent as designated by JSC、EVERSPIN、NETSOL、VTI、IPSiLog and Sinochip.And also we’re the professional distributor of the famous semi-conductor brands ,such as Samsung,Hynix and Lyontek.
Wridy can provide our end customer and partner professional the high cost performance product and solution with the professional & rich experience.