Tag Archives: Broadcom

Broadcom Officially Drops Qualcomm Bid After Trump Decision

HIGHLIGHTS Trump blocked company’s ambitions over national security fears Broadcom said that it was disappointed with Trump’s decision It still plans to move its headquarters to the United States Broadcom is officially withdrawing its $117 billion (roughly Rs. 7.6 lakh crores) bid to buy US chipmaker Qualcomm, two days after President Donald Trump blocked the Singapore company’s ambitions over national security fears. Wednesday’s move is ... Read More »