Monday, July 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung to Showcase Large QLED, microLED TVs Net Year
Google, Facebook, Microsoft, and Twitter Partner on New Data Project
Foxconn Breaks Ground in In Wisconsin Plant, Looks at AI and Beyond Apple
Western Digital and Toshiba Begin Sampling 96-layer QLC NAND
Cloud Services Keep Boosting Microsoft's Revenue
Comcast Won't Pursuit Fox assets, Focuses on Sky Offer
EU to Probe Qualcomm Over Pricing Case
Google's Project Fuchsia Could Be The Successor of Android Successor to Android
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Broadco...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 07, 2018
Broadcom Pledges to Make the U.S. the Global Leader in 5G After Qualcomm Acquisition


Broadcom Ltd pledged on Wednesday to make the United States the global leader in 5G technology and maintain Qualcomm's investments in the area after any merger between the two companies.

Broadcom has a 50-year heritage of building leading communications technologies including Wi-Fi, broadband access, network switching and routing. The company said it would maintain the R&D resources Qualcomm devotes to 5G and innovation in future wireless standards, and would will also focus R&D spend to those critical technologies that are "essential to the U.S."

The Singapore-based company is pledging to create a new $1.5 billion fund with a focus on innovation to train and educate the next generation of engineers in the U.S.

Broadcom added it would fund enhanced R&D through lawful business practices rather than predatory and anticompetitive behavior.

"There is no truth to Qualcomm's argument that its anticompetitive licensing practices are needed to fund a robust R&D effort," Broadcom said.

"We are now in the final stages of redomiciling to the United States, and that process will be complete no later than May 6, 2018. When we complete our acquisition of Qualcomm, we expect to have more than 25,000 employees in the U.S., working to make Broadcom the leading communication semiconductor company in the world, "Broadcom added.

Broadcom's comments come as the U.S. government's Committee on Foreign Investment in the United States (CFIUS) has ordered a national security review of the proposed Qualcomm -Broadcom deal, saying a takeover can lead to lower R&D spending and weaken Qualcomm's competitive position against Chinese companies.



Previous
Next
Video Chat Coming to Messenger Lite        All News        Japan to Punish Cryptocurrency Exchanges
Video Chat Coming to Messenger Lite     Mobiles News      BlackBerry Sues Facebook, WhatsApp, Instagram Over Patent Infringement

Get RSS feed Easy Print E-Mail this Message

Related News
Broadcom to Buy CA Technologies for $18.9 Billion in Cash
Nokia Signs 1 billion Euro Deal With China Mobile for 5G
MediaTek Debuts Its First 5G Baseband Chipset Helio M70
FCC to Seek for Flexible Use of C-band and 6GHz Airwaves
New IPhones to Have Intel's 5G Modems Inside
Standalone 5G New Radio Global Standard Finalized, But Implementation Issues Need to Be Solved
Mediatek Says There Are No Talks With Broadcom
Broadcom Withdraws Offer to Buy Qualcomm After Trump Veto
President Trump Blocks Proposed Takeover of Qualcomm by Broadcom
Broadcom to Redomicile to U.S. by April 3
Buying Broadcom Could be an Option for Intel, If Qualcomm Deal Fail
Broadcom and ST Chips Power the new Galaxy S9: Teardown

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .