Why It Matters
Broadcom blow shows wary US
A handshake with United States President Donald Trump last November, and the promise to shift his corporate headquarters to America, did not help Broadcom boss Hock Tan take control of San Diego-based semiconductor chipmaker Qualcomm.
Checkmating Broadcom showed that deals with any potentially strategic China angle are being scrutinised with new diligence by US regulators. One consequence could be to dampen Chinese investment in the US technology sector.
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