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Qualcomm walks tightrope between independence and capitulation

We usually put ourselves on the line and make a call over the outcome of events, but increasingly the Broadcom takeover of Qualcomm is becoming a tough call, which could go either way and every story about the pair is seen through the prism of that impending deal. On the one hand Broadcom this week upped its offer for Qualcomm to $82 a share – amounting to about $121 billion, up from $105 billion or $70 a share. On the other Qualcomm cut a repeat cooperation deal with Samsung to see it through 5G and it revised the terms of its patent agreement with Samsung, so that it will withdraw its complaints to the Korean High Court, potentially helping it…

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