STMicroelectronics Said to Evaluate Breakup
STMicroelectronics NV is evaluating a breakup of the company that may lead to a sale of its struggling mobile-phone chip business, according to people familiar with the matter.
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Why NXP Buy Is a Defensive Move for Qualcomm
56:16 - Qualcomm Inc., the largest maker of mobile-phone chips, will acquire NXP Semiconductors NV in a transaction valued at $47 billion, aiming to speed an expansion into new industries and reduce its dependence on the smartphone market. Bloomberg Intelligence's Ananad Srinivasan reports on "Bloomberg Markets: European Close." (Source: Bloomberg)