China to push Qualcomm for further remedies in NXP Semiconductors deal

China to push Qualcomm for further remedies in NXP Semiconductors deal

A man works on a tent for NXP Semiconductors in preparation for the 2015 International Consumer Electronics Show (CES) at Las Vegas Convention Center in Las Vegas, Nevada January 4, 2015. REUTERS/Steve Marcus

China’s regulators are seeking more protections for local companies before approving Qualcomm Inc.’s proposed purchase of NXP Semiconductors NV, according to people familiar with the matter, jeopardizing the U.S. chipmaker’s strategy for surviving as an independent company.

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