Qualcomm’s Potential Intel Buyout Could Raise Antitrust, Foundry Concerns ...Middle East

Times of San Diego - News

A sign in front of a Qualcomm building in San Diego. REUTERS/Mike Blake A potential deal to buy Intel could accelerate San Diego wireless giant Qualcomm‘s diversification but will burden the smartphone chipmaker with a loss-making semiconductor manufacturing unit that it may struggle to turn around or sell, analysts said. A buyout will also face tough antitrust scrutiny globally as it would unite two crucial chip firms in what would be the sector’s biggest ever deal, creating a behemoth with a strong share of the smartphone, personal computer and server markets. Shares of Intel rose nearly 3% on Monday, after media reports late on Friday about Qualcomm’s early-stage approach for

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Qualcomm’s Potential Intel Buyout Could Raise Antitrust, Foundry Concerns ...Middle East

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