Qualcomm Could Acquire NXP Semiconductors

There have been several recent acquisitions in the chip industry, and another is widely rumoured to be on the cards although neither company will comment. Qualcomm is said to be in talks about buying NXP Semiconductors, a deal which would probably cost around $30 billion. Adding NXP’s near-field communication chips to Qualcomm’s expertise in smartphone chips would make sense, and some financial analysts have estimated that it could add 30% to Qualcomm’s profits.