It's been confirmed that Qualcomm has agreed to buy NXP Seminconductors in a deal worth $39 billion. Qualcomm is the largest chip manufacturers for smartphones while NXP is also a huge player in the automotive industry. Last year, NXP bought out Freescale Semiconductors (a rival company that started out as a division of Motorola until it divested in 2003) for $11.8 billion. With NXP in the fold, Qualcomm is expecting to enter the automotive industry as it diversifies its business. Read more in our articles including "Qualcomm to buy NXP for $39 billion" and "Apple Pay launches in the Philippines".
It's been confirmed that Qualcomm has agreed to buy NXP Seminconductors in a deal worth $39 billion. Qualcomm is the largest chip manufacturers for smartphones while NXP is also a huge player in the automotive industry.
Last year, NXP bought out Freescale Semiconductors (a rival company that started out as a division of Motorola until it divested in 2003) for $11.8 billion. With NXP in the fold, Qualcomm is expecting to enter the automotive industry as it diversifies its business.
Our coverage of qualcomm nxp includes: "Qualcomm to buy NXP for $39 billion"; "Apple Pay launches in the Philippines"; "Google axes AI Studio app before official launch". Each article provides unique insights and information.