Trump Blocks Broadcom Takeover of Qualcomm, Citing National Security

Qualcomm headquartersUpdated at 6:30 p.m. March 12, 2018 President Donald Trump issued an order Monday blocking a hostile takeover of San Diego-based Qualcomm by rival chip-maker Broadcom, citing national security concerns. Federal regulators last week ordered a delay in a vote by Qualcomm stockholders over a proposed sale to Singapore-based Broadcom, with some members of Congress […]

Original published: 2018-03-12 23:11:26 Read the full San Diego News here

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