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Qualcomm Ends Bid to Acquire NXP, Ships 220M Chips

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Jul 25, 2018, 4:11 PM by Eric M. Zeman
updated Jul 27, 2018, 6:59 AM

Qualcomm today said it will drop its plans to purchase Netherlands-based NXP at the end of the day, which is when the acquisition agreement expires. Qualcomm first announced its intent to buy NXP, which makes semiconductors, in October 2016. Qualcomm has been awaiting approval from China's antitrust regulators and thus far not received it. When the agreement expires tonight, Qualcomm will find itself on the hook for a $2 billion termination fee. The original deal was valued at about $44 billion. The Chinese government hasn't said why it refused to approve the deal. In its most recent financial quarter, Qualcomm raked in $5.6 billion in revenue. The company says it shipped 220 million chips and generated $1.2 billion in net income.

Dec 1, 2021
Qualcomm will make a big push to bring high-speed mmWave 5G to more affordable phones in 2022, according to comments made by CEO Cristiano Amon during a Q&A session at the company's Snapdragon Summit event in Hawaii today. For a phone to support mmWave 5G, multiple specialty antenna modules need to be added, which can raise a phone's price by $50 – 100.

Qualcomm's New Chips for Earbuds Include Dynamic Head Tracking

Nov 16, 2022
Qualcomm has unveiled the Qualcomm S5 and S3 Gen 2 sound platforms, chips intended to power a range of Bluetooth audio products, including high-end and mid-range earbuds, as well as Bluetooth speakers. The big new feature is Dynamic Head Tracking for Spatial Audio, which maintains the perceived positions of sounds as you move your head.

Qualcomm Intros Snapdragon Chips for 2023's Mid-Range & Affordable 5G Phones

Sep 6, 2022
Qualcomm has just announced the two chips that will power a great number of entry-level and mid-range Android phones in 2023: the Snapdragon 4 Gen 1 and Snapdragon 6 Gen 1. Both chips integrate a 5G modem and include upgraded performance as well as new features compared to the chips they replace.

Apple Watch Goes Ultra

Sep 7, 2022
Apple has refreshed its Apple Watch lineup with Series 8, a new Watch SE, and added a larger, more rugged Apple Watch Ultra for athletes and extreme adventurers. Apple Watch Series 8 has two main upgrades over Series 7: temperature sensors and Crash Detection.

AT&T Upgrades International and Top-End Plans

Jul 12, 2021
AT&T has tweaked its International Day Pass and Unlimited Elite plan, adding more value for the same price. The International Day Pass is now free after the first ten days per billing period, offering a much better value on longer overseas trips.

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