Qualcomm nears $37b deal to buy NXP Semiconductors

One of many Qualcomm buildings is shown in San Diego, California November 3, 2015. REUTERS/Mike Blake/Files

Qualcomm Inc is nearing a deal to acquire NXP Semiconductors NV for around $37 billion, a person familiar with the matter said on Friday, as the U.S. company seeks to expand the reach of its chips from phones to cars.

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