Let me tell you: American company Qualcomm once wanted to acquire NXP, but Beijing refused to give the green light, making the deal difficult to complete

U.S. chipmaker Qualcomm had planned to acquire Dutch NXP Semiconductors for $47 billion, but the deal was not completed due to the lack of approval from Chinese regulators. Although the transaction had no direct connection to the Chinese market, the influence of Chinese regulation was significant, and Qualcomm ultimately abandoned the acquisition in 2018, paying a $2 billion breakup fee. Qualcomm's revenue heavily relies on the Chinese market, and the deal required scrutiny from Chinese regulators, with external observers generally believing that this move may be related to the China-U.S. trade friction