question archive In March, the U
Subject:SociologyPrice: Bought3
In March, the U.S. government began a national security review of Broadcom's planned Qualcomm acquisition, citing concerns about the importance of Qualcomm's development of next-generation mobile and networking technology to U.S. competitiveness.
On March 12, Trump signed an executive order to halt the deal on national security concerns, saying it could erode the U.S. lead in mobile technology and give China an advantage. Two days later, Broadcomm abandoned the acquisition plan.
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