Trump Ban Cuts Huawei Off From Google's Android
The Trump administration issued an executive order last week preventing "foreign adversaries" from doing telecommunication business in the US. Although the order's wording was vague, the implementation includes preventing Huawei from doing business with any US software or hardware supplier, including Google, Intel, Qualcomm, and Broadcom. This means Huawei will no longer be able to ship new phones to western markets with Google's version of Android that includes the Play Store, Google Maps, Google Assistant, and Gmail. Huawei can still use the open-source version of Android, but Android phones without Google services are a tough sell in western markets. Although Huawei can use its own SoC chips instead of Qualcomm's, being cut off from US hardware suppliers is likely to affect its smartphone business worldwide. The company has reportedly been stockpiling chips and parts from US companies for months to prepare for this possibility.
Feb 8, 2018
Qualcomm's board of directors today unanimously rejected Broadcom's revised bid to acquire the company for $121 billion. Qualcomm's board continues to insist that Broadcom is undervaluing Qualcomm's overall worth.
Feb 16, 2018
Qualcomm today said Broadcom's acquisition offer simply isn't good enough as currently proposed. The companies met earlier this week to go over some of the finer points of Broadcom's $121 billion bid to purchase Qualcomm, and Qualcomm still came away leery that the deal won't work out.
Apr 25, 2018
Google today introduced new features to Gmail both on the web and on mobile devices. The web version of Gmail sees the largest number of changes and adds smart features meant to help people move through their email more efficiently.
Dec 4, 2017
Broadcom today suggested Qualcomm's shareholders elect an entirely new board of directors during the latter's planned annual shareholder meeting on March 6, 2018. Broadcom took the opportunity to nominate 11 people to replace Qualcomm's board.
Feb 22, 2018
Broadcom revised its offer to acquire Qualcomm downward by $3 per share after Qualcomm increased its own bid to buy NXP Semiconductors. Broadcom said, "Qualcomm's board acted against the best interests of its stockholders by unilaterally transferring excessive value to NXP's activist stockholders."