Deals
Why Apple Isn’t Worried About Broadcom’s $105 Billion Bid for Qualcomm
- Broadcom is said to want to shut Qualcomm licensing business
- Apple’s Android rivals to struggle to keep up without Qualcomm
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Big takeovers have a way of placing pricing power in the hands of the merging companies.
So when Broadcom Ltd. went public with a hostile $105 billion bid for Qualcomm Inc. -- potentially creating a colossal maker of chips used in wireless handsets -- mobile phone makers had cause for concern. Chief among them: Apple Inc.