Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition
Posted in analyst Automotive chips Intel investment nxp NXP Semiconductors Private equity renesas semiconductor Tech Technology United States wireless networks

Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition

Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in…

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Qualcomm Drops NXP Deal In First Trade War Casualty
Posted in nxp Politics Qualcomm WallSt

Qualcomm Drops NXP Deal In First Trade War Casualty

US-based Qualcomm abandoned last week a 44-billion-US-dollar deal with semiconductor manufacturer NXP. It would have been the world’s biggest ever semiconductor sector takeover but the…

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Qualcomm says it will drop its massive $44B offer to acquire NXP
Posted in Enterprise nxp Qualcomm Tech

Qualcomm says it will drop its massive $44B offer to acquire NXP

Qualcomm today said it wouldn’t extend its offer to buy NXP for $44 billion today as part of its release for its quarterly earnings, and…

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