China approves Qualcomm-NXP agreement, a sign of easing trade tensions

The Chinese authorities will approve the planned acquisition by Qualcomm Inc. of $ 44 billion of NXP Semiconductors NV based in the Netherlands in the coming days, according to people familiar with the matter, in what would be another important step to alleviate the wear and tear of the United States. – Chinese business relations.

The State Administration of China for the regulation of the market, which has been carrying out the antitrust review, will hold a meeting on the matter on Monday, according to the people. They said that a contingent of Qualcomm's legal team arrived in Beijing this …


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