Thursday, March 15, 2018
MZ Digital Marketing Agency
President points to national security concerns in announcing unusual move, amid climate of economic protectionism
Donald Trump took the unusual step of blocking the Singaporean chip maker Broadcom’s bid for its US rival Qualcomm on Monday night, citing national security concerns and ending what would have been the biggest-ever tech deal.
Announcing the extraordinary move, Trump said “there is credible evidence” that allowing the Singapore-based company to take control of Qualcomm could lead to “action that threatens to impair the national security of the United States”.
from US news | The Guardian http://ift.tt/2DnQVbQ
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