China's President Xi open to approving $44b Qualcomm-NXP deal

China's President Xi open to approving $44b Qualcomm-NXP deal

A sign on the Qualcomm campus is seen, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake

Chinese President Xi Jinping said he would consider approving a possible $44 billion deal for Qualcomm Inc. to purchase NXP Semiconductors NV if it’s brought to him again, the White House said in a statement Saturday.

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