Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Your new post is loading...
Scoop.it!
Chip-maker Qualcomm says it has won an injunction against Apple in a continuing dispute over intellectual property. 
No comment yet.
Sign up to comment
Scoop.it!
Chipmaker Broadcom's attempt to buy US rival Qualcomm "threatens national security", the president says.
Graham Watson's insight:
Although this is undoubtedly a microeconomic story, about a merger, it belongs here because the broader implications about what this means for US trade polcy are, arguably, more important. It seems that the President has a new toy: it's the defence that certain activities "threaten to impair the national security of the US"., and he has "credible evidence" that this is the case in the Broadcom - Qualcomm merger, between two of the world's largest chipmakers. Of course, what constitutes credible evidence is open to debate, but I suspect it's largely what the President wants it to be, as most things are these days.
|
Scoop.it!
Broadcom abandons pursuit of US rival Qualcomm two days after it was blocked by President Trump.
Graham Watson's insight:
It seems that the President's intervention - on the basis of "credible evidence" of a threat to national security, mind you - has caused the proposed Broadcom-Qualcomm merger to collapse. It will be interesting to see the ramifications of this for future US merger activity involving foreign firms. This, of course, comes on the back of suggestions last week that entrepreneurs are already becoming reluctant about moving to the US. However, given the fact that the President already has all the best words, it's probably safe to assume he's got all the best people too. It's just that the never work for him for very long before they get fired..
|
Part of the trade war?
Â
This article looks at how the Chinese authorities might have tried blocking the import of iPhones by enforcing patent law on the software associated with the phones, and how Qualcomm the chip-maker has won an injunction overturning the original order.