URL link https://www.wsj.com/articles/china-plans-47-billion-fund-to-boost-its-semiconductor-industry-1525434907
This money is almost the same as the revenue of NXP. Of course by coincidence (-:
3 replies (most recent on top)
This post is 2 months too late. They aldy announced it in March.
China buying QDT, you heard it here first
Correction of a typo: it's the enterprise value, not revenue.
47B$ is "by coincidence" literally the same value Qualcomm announced on 27th of Oct, 2016: [https://www.qualcomm.com/news/releases/2016/10/27/qualcomm-acquire-nxp]