Home Business Prez Trump blocks Broadcom’s proposed takeover of Qualcomm on security grounds

Prez Trump blocks Broadcom’s proposed takeover of Qualcomm on security grounds

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(G.N.S) Dt. 13 Washington US President Donald Trump on Monday blocked semiconductor maker Broadcom Ltd’s proposed takeover of Qualcomm on grounds of national security, ending what would have been the technology industry’s biggest deal ever. The presidential order to block Singapore-based Broadcom’s $117 billion bid for San Diego-based Qualcomm reflected concerns about the United States’ ability to set the technology standards for the next generation of mobile cell phones in

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