Seeking Alpha: Qualcomm Bets Big on NXP Semiconductors
Bram De Haas, author at Seeking Alpha, discusses his idea of the month: NXP Semiconductors. He also weighs in on Qualcomm's bid for the company.
The deal is waiting for final approval from regulators as some activist firms are requesting that NXP shareholders deny the offer. De Haas talks about the innovations NXP is making in IoT and self-driving technology. NXP chips are in products such as the home thermostat Nest, Amazon Echo, and Google's self-driving cars.
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The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.
