Stories
Slash Boxes
Comments

SoylentNews is people

posted by Fnord666 on Sunday March 11 2018, @01:10PM   Printer-friendly
from the pretty-please dept.

Broadcom has sent a letter to Congress:

Broadcom Limited said, in a letter to Members of Congress regarding its offer to acquire Qualcomm Inc., that it is committed to making the United States the global leader in 5G by focusing resources and strengthening leadership in this area. Any notion that a combined Broadcom-Qualcomm would slash funding or cede leadership in 5G is completely unfounded. In addition, Broadcom will not sell any critical national security assets to any foreign companies. Of course, any dispositions of assets to foreign buyers would be themselves subject to CFIUS review.

Broadcom is also pledging to create a new $1.5 billion fund with a focus on innovation to train and educate the next generation of RF engineers in the United States. This will ensure America's continued leadership in future wireless technology.

Broadcom also said it will work closely with the United States government as it drives to achieve and sustain this global leadership in 5G and beyond.

Broadcom also smeared Qualcomm's "anticompetitive licensing practices", and created an infographic "to set the record straight about Qualcomm's business relationships in China".

Also at WSJ and CNBC.

See also: The incredible multi-dimensional chess of Qualcomm vs. Broadcom

Previously: Broadcom's Hostile Takeover Attempt of Qualcomm Delayed by U.S. Government Panel


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 1, Insightful) by Anonymous Coward on Sunday March 11 2018, @05:26PM (2 children)

    by Anonymous Coward on Sunday March 11 2018, @05:26PM (#650967)

    This would put Qualcomm under both NSA and GCHQ authorization for spying, making it easy for them to backdoor a majority of cellphones worldwide. If you thought all those holes in 4G LTE wasn't bad enough, imagine when they can play he said she said over who put the backdoors in the cryptographically locked down baseband firmware that just happens to control bootstrapping of the memory ranges for the ARM cpu cores, in addition to directly controlling the camera, bluetooth, microphone and speaker.

    A merger between broadcom and qualcomm should concern everyone, a three way merger between them and intel... well just when you thought chipzilla was too big, he can now destroy all of japan in a single swipe of his tail.... or is that America? Maybe China, given how many of their phones use qualcomm chips...

    Starting Score:    0  points
    Moderation   +1  
       Insightful=1, Total=1
    Extra 'Insightful' Modifier   0  

    Total Score:   1  
  • (Score: 3, Interesting) by Grishnakh on Sunday March 11 2018, @05:40PM (1 child)

    by Grishnakh (2831) on Sunday March 11 2018, @05:40PM (#650976)

    I wonder if China is working on building a viable competitor to Qualcomm.