It has been a week to forget for Qualcomm

Hurdles in China with its NXP acquisition, potentially losing ZTE as a customer and cutting almost 1500 employees; it’s not been a good week for Qualcomm.
Starting with NXP. The $44 billion acquisition has been rumbling on for months with few regulatory hurdles remaining. Then came along China. A cynical individual might assume the authorities were blocking the deal in some sort of retaliation move, but Qualcomm won’t care about that. The reason is irrelevant, the outcome is still th