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NXP Deal Is Likely Qualcomm’s Best Defense Against Broadcom

In Qualcomm Inc., its best bet is to avoid being swallowed by Broadcom Ltd. But it is running out of time. Qualcomm has been working for NXP Semiconductors NV for $ 39 billion. Broadcom Chief Executive Hock Tan has said it would not qualify for full purchase, even though NXP would add 40% to Qualcomm’s revenue and give companies a major presence in the fast-growing market for chips used in cars. …

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