• Home
  • Trends
  • Company News
  • Product News
  • Fashion
  • Podcast
  • Events
  • About
  • Contact
  • April 15, 2021

Wearable Tech Insider

The Inside Word on Wearables and Wearable Technology

You are here: Home / Company News / WSJ: Qualcomm Wants to Buy NXP

WSJ: Qualcomm Wants to Buy NXP

September 29, 2016 By Dan Rosenbaum

Qualcomm logoQualcomm, the chip maker whose business is built almost entirely around processors and radios for mobile applications, is reportedly making a run at buying NXP, which pretty much owns the NFC chip business.

The Wall Street Journal is reporting that a deal could come before the end of the year. NXP is a public company with a current market capitalization of $28 billion; its stock jumped about 12 percent after the news broke.

The Netherlands-based NXP is the world’s biggest manufacturer of semiconductors for the automotive market. It also dominates the market for near-field communications chips, which are used to power payment systems in smartphones and wearables. The advantages of owning those markets are obvious for Qualcomm.

 

Last updated by Dan Rosenbaum on February 1, 2017.

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Google
  • Email

Related

Filed Under: Company News, General News Tagged With: finance, nfc, nxp

← Is Jawbone Near the End? Android Wear 2.0 Delayed Until 2017 →

Subscribe To Our Weekly Newsletter

Subscribe now to the Wearable Tech Insider's weekly news blast. You'll get links to the top half-dozen stories in the world of wearable tech, optimized for quick reading. It's the best way to read the Wearable Tech Insider; it's free and you can change your mind any time. And, of course, we'll never sell your name or e-mail address...

Search This Site

Recent Posts

New Use Case for Apple Watch: Red Sox Stealing Signs

Fossil Debuts Two Android Wear Smartwatches

Garmin Shows Three New Fitness Bands at IFA

Fitbit Ionic: Minimal Acceptable Product?

Intel (Finally) Ditches Wearables for AR

Don’t Believe Everything You Read: Wearables Are Far From Dead

Eyes F.lashing Before Your Life

Smarty Pants: Nadi X Yoga Leggings

Rings: How Smart Can They Be?

Upskill Closes Series B Financing, But Won’t Say How Much

Stories from Health Tech Insider

  • This Exoskeleton Knee-Brace Made Us Break The Rules [video]
  • Pity the Lowly Battery, Destined to Wearables Museum Displays [video]
  • NC State Uses Flakey Elastomer to Boost Energy Harvesting
  • Mobile Health Tech Helps Senior Heart Patients Avoid Repeat Attacks
  • Smart Shirt Microgrid Harvests Body Energy Sustainably
  • Smartphone App Now Relies on AI to Track Changes in Mole Sizes

Topics

2013 android android wear apple apple watch apx labs basis battery CES ces2016 CES2017 epson finance fitbit fitness fossil fuelband garmin gear glass google healthkit intel iWatch jawbone LG market research microsoft misfit MWC15 nfc nike omate omsignal pebble recon samsung smartwatch sony sports tizen vuzix withings wristware wristwear

Sign up for Wearable Tech Insider

First name
Last name
* = required field

powered by MailChimp!

Subscribe now to the Wearable Tech Insider's weekly news blast. You'll get links to the top half-dozen stories in the world of wearable tech, optimized for quick reading. It's the best way to read the Wearable Tech Insider; it's free and you can change your mind any time. And, of course, we'll never sell your name or e-mail address...

Made in New York
Wearable Tech Insider is proud to be Made in NY.

All text © 2015 Center Ring Media

Privacy Policy

Center Ring Media Sites

Wearable Tech Insider
Seniortech Insider
Health Tech Insider

Copyright 2016 Center Ring Media | Site by JRMC

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.