Broadcom's bid for Qualcomm could shake up the chip industry
Broadcom's proposed acquisition of Qualcomm could have big implications for the chip business. The takeover bid, which Qualcomm opposes, would propel the combined company into third place in terms of market share in the global semiconductor industry, as this chart from Statista indicates. Together, Broadcom and Qualcomm wouldn't be quite as big as Intel or Samsung - but they wouldn't be that far away either.
Qualcomm's core business is designing the chip-based radios used by smartphones to connect to cellular networks, while a big part of Broadcom's business is designing chip-based Wi-Fi and Bluetooth radios. By merging, the combined companies could become one of the dominant suppliers of smartphone components. As Hock Tan, Broadcom's CEO, said in a statement: "This complementary transaction will position the combined company as a global communications leader with an impressive portfolio of technologies and products." Samantha Lee/Business Insider
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- Rupee declines 5 paise to 83.43 against US dollar in early trade
- Election Commission issues notification for sixth phase of Lok Sabha polls
- 6 Coffee recipes you should try this summer
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school