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Qualcomm-NXP Deal Faces Moment of Truth With China 'Yes' or 'No'

Ian King
Qualcomm-NXP Deal Faces Moment of Truth With China 'Yes' or 'No'

Qualcomm Inc. is at the end of a nearly two-year wait for China’s government to sign off on its $44 billion purchase of NXP Semiconductors NV. The final authorization could be processed and made public at short notice if China’s political leaders decide to release it. NXP gave Qualcomm until 11:59 p.m. on Wednesday, July 25 in New York to get it done.