Turns out Qualcomm’s Chinese buddies oppose Broadcom’s takeover bid
Qualcomm seems keen to enlist the services of its new set of Chinese allies in some of its many other fights.
A report in the FT (sub required) claims “Qualcomm has won the backing of a group of Chinese smartphone manufacturers in its fight to fend off a $130bn hostile bid from rival Broadcom.” Those vendors are: Xiaomi, Oppo and Vivo, and by staggering coincidence the three of them have just pledged their undying loyalty to Qualcomm as customers of its 5G chips.
“When we first
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