Broadcom withdraws from Qualcomm deal following presidential order

14 March 2018
The company also pulled off its slate of independent director nominees for Qualcomm annual meeting of stockholders.

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MarcioR, 14 Mar 2018Too bad, it could improve modems of all the snapdragon chips...QC is the uncontested leader in mobile device modem... broadcom is not.

    Anonymous, 15 Mar 2018Lol yet it's making more money than Qualcomm? Care to explain?

    I searched for keywords and none say that AVGO is making more money than QCOM. Broadcom may have made the BCM93452HMZ and BCM2836, but QCOM makes SoCs for nearly all smartphones not Apple, along with the radio in almost all phones.

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      • Anonymous
      • v3B
      • 15 Mar 2018

      okcnaline, 14 Mar 2018More like small dog and big dog. Broadcom is a yipping litt... moreLol yet it's making more money than Qualcomm?

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        • Bewildered
        • 3Jn
        • 14 Mar 2018

        Anonymous, 14 Mar 2018Finally the US office gets involved with these oversea buyo... moreTrumps mind is Binary Zero and one. The reason given is a stupid one

        First Broadcom spending $120 Bn, in order NOT to innovate it would have to generate more than the $120 Bn elsewhere this makes no sense

        Samsung generates $12 per quarter it would take Samsung years to recoup $120 Bn, the idea that Broadcom would somehow slowdown sales or give the opposite the edge by not producing state of the art modems is to allow the competition to pass Qualcomm again is a no brainer

        You spend $120 Bn with a long term plan to get the money back asap

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          • Anonymous
          • IbF
          • 14 Mar 2018

          Finally the US office gets involved with these oversea buyouts of US companies! Good job US

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            • AnonD-732843
            • 3Hk
            • 14 Mar 2018

            okcnaline, 14 Mar 2018More like small dog and big dog. Broadcom is a yipping litt... moreArf Arf who let the dogs out? Lol

              AnonD-730256, 14 Mar 2018It felt like Broadcom was a bully by telling Qualcomm, "tak... moreMore like small dog and big dog. Broadcom is a yipping little small dog demanding a big dog to comply with its commands. Which a big dog can just safely ignore.

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                • AnonD-730256
                • iSt
                • 14 Mar 2018

                It felt like Broadcom was a bully by telling Qualcomm, "take this money and hand over your company or we'll take it without giving you anything rather you like it or not".

                  If China government orders Apple and Google to move all their servers inside the Chinese firewalls, US President is going to play hardball on such strategic acquisitions!

                    Good news. Qualcomm is too good and innovative to be someone's subsidiary.

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                      • MarcioR
                      • ix9
                      • 14 Mar 2018

                      Too bad, it could improve modems of all the snapdragon chips...

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                        • AnonD-456831
                        • vLy
                        • 14 Mar 2018

                        Good. Unlike HTC or even 20th century fox, Qualcomm is actually making good. No reason for consumers for another conglomerate to buy it then.

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                          • AnonD-320535
                          • 0uy
                          • 14 Mar 2018

                          Finally good news

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