BEIJING (AP) — China's government says tech giant Qualcomm Inc. failed to resolve anti-monopoly regulators' concerns about its proposed takeover of NXP Semiconductors in a case seen as a possible casualty of U.S.-Chinese trade tensions. The State Administration for Market Regulation's announcement Friday followed a government spokesman's denial that a lengthy anti-monopoly review, which prompted Qualcomm to drop its bid this week, was linked to Beijing's tariff dispute with Washington. The regulator said on its website a plan submitted by Qualcomm "cannot resolve competition concerns."Read more on NewsOK.com
China: Qualcomm Failed To Resolve Anti-monopoly Worries
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