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Qualcomm to buy NXP for $38 billion in biggest chip deal

October 27, 2016 by · Leave a Comment 

Smartphone chipmaker Qualcomm Inc agreed to buy NXP Semiconductors NV for about $38 billion in the biggest-ever deal in the semiconductor industry, making it the leading supplier to the fast-growing automotive chips market. The acquisition will also help Qualcomm, which provides chips to Android smartphone makers and Apple Inc , reduce…

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Qualcomm to buy NXP for $38 billion in biggest chip deal