Qualcomm ends $44b NXP bid after failing to win China approval

Qualcomm ends $44b NXP bid after failing to win China approval

Microprocessors sit on a circuit board displayed on the NXP Semiconductors NV pavilion at the Mobile World Congress in Barcelona, Spain, on Monday, March 2, 2015. Photographer: Simon Dawson Photo by Bloomberg

Qualcomm Inc  walked away from a $44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval, becoming a high profile victim of a bitter Sino-U.S. trade spat.

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