NXP gets $2bn takeover breakup fee from Qualcomm

NXP Semiconductors reports second quarter 2018 results — NXP — PARTNER NEWS — “NXP has received today notice from Qualcomm Incorporated that Qualcomm has terminated, effective immediately, the purchase agreement between NXP and an affiliate of Qualcomm following the inability to obtain the required approval for the transaction from the State Administration for Market Regulation (SAMR) of the People’s Republic of China prior to the end date stipulated by the parties under the purchase agreement. Qualcomm has notified NXP that it will pay the $2 billion in termination compensation by 9:00 am, New York City time, on July 26, 2018.”





NXP to be bought by Qualcomm in US$47bn deal

NXP

PARTNER NEWS: The US$47bn acquisition of NFC pioneer NXP by mobile chip giant Qualcomm will create the “leader of secure connected devices into the next decade” and address the emerging trends of internet of things (IoT), mobile transactions, payment cards, transit, and secure identification... More


NXP and Qualcomm deepen collaboration to include pre-validation for NFC transit services

NXP

PARTNER NEWS: NFC pioneer NXP and mobile processor maker Qualcomm have extended a collaboration which saw NXP’s NFC and embedded secure element (eSE) solutions built into reference designs for Qualcomm Snapdragon 800, 600, 400 and 200 processor based platforms to now also include pre-validation for NFC-based transit services, particularly those in China. More






NXP ‘focused on mobile wallet’

PARTNER NEWS: “What we’re focused on is the mobile wallet,” NXP CEO Rick Clemmer has told CNBC in an interview in which he discusses the company’s smartphone products, growth in China and its partnership with Qualcomm... More



Qualcomm demos 3D fingerprint technology for mobile phones

A fingerprint authentication solution that uses ultrasonic technology to scan through a smartphone cover made of glass, stainless steel, sapphire or plastic as well as contaminants on a finger, such as sweat or condensation, has been unveiled by Qualcomm. The technology can “detect if you are you under very difficult conditions,” product manager Max Hamel has told NFC World. More






HTC launches One M8 smartphone with NFC

HTC One M8 NFC mobile handset

HTC‘s newest flagship smartphone, the HTC One (M8), has been announced and is available as a Google Play Edition running stock Android 4.4 KitKat, or from carriers worldwide with the handset maker’s own HTC Sense 6 skin running over Android... More


Yota adds NFC to its dual display phone

The second-generation Yotaphone comes with NFC

Russian phone maker Yota Devices is to offer a new version of its YotaPhone, a handset that comes with two displays — this time a 5-inch full HD Amoled screen at the front plus a 4.7-inch always-on, full-touch control electronic paper display to the rear... More


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