China’s commerce ministry has been asked to speed up the review of the deal and Qualcomm’s proposed remedies to protect local companies, Bloomberg reported https://bloom.bg/2KWlf2q, citing people familiar with the matter. The report said local firms are concerned that the deal would extend Qualcomm’s patent licensing business into areas such as mobile payments and autonomous driving. Shares of Qualcomm rose as much as 4.7 percent in early trading. …read more
Source:: Yahoo Finance
