Qualcomm Abandons NXP Deal Amid US-China Tensions

Qualcomm scrapped its $44 billion purchase of Dutch chip maker NXP after failing to secure approval in China, making the deal one of the most prominent victims of spiraling U.S.-China trade tensions.
ref:https://www.wsj.com/articles/qualcomm-plans-to-abandon-nxp-deal-1532549728