Qualcomm's shares have been trading in the low $50s for much of this year - down about 15 percent because of its fierce legal battle with Apple and hefty fines/lawsuits from anti-monopoly regulators in the U.S., South Korea and Taiwan.
No final decisions have been made and there is no guarantee a deal will go ahead.
Formerly known as Avago Technologies, Broadcom Limited was created a year ago after Singapore-based Avago acquired Broadcom Corporation for $37 billion.
The reports came one day after Tan held a news conference with President Trump to announce that Broadcom, now based in Singapore with a primary US office in San Jose, plans to move its corporate domicile to the United States. The company already lists San Jose as a corporate co-headquarters. Shares are down almost 16% this year due to legal battles with Apple and the loss of royalties from Apple and an unnamed second licensee.
That gave Qualcomm a current total market value of $91 billion.
Its competitor Qualcomm finds itself in a weakened state. Since then, though, smartphone sales growth has slowed and Intel has succeeded in placing its modems in some iPhone models. A subsequent report in the Wall Street Journal said the bid could come as early as this weekend.
At issue are the licensing fees that Qualcomm charges for patents that cover the basics of how mobile phone systems work. Regulators are still reviewing Qualcomm's $38.1 billion proposed acquisition of NXP Semiconductors for $38.1 billion.
Aside from the financial challenges of such a large deal, Broadcom would also encounter close regulatory scrutiny.
Based on 2016 revenue, the enlarged company would be the world's third-largest chipmaker behind Intel and Samsung Electronics.
Qualcomm may soon be extended a way out courtesy of Broadcom, which itself supplies Apple with Wi-Fi and Bluetooth combo chips.
The Spanish outfit sits third in Group E after three games - three points adrift of AS Roma and five back of Chelsea . However, the Champions League may not be so easy to forecast once the tournament gets to the knockout stages.
Nintendo also bumped up its revenue forecast from 750 billion yen (~$6.6 billion) to 960 billion yen (~$8.5 billion). That not only means IPs we haven't seen in years, but also potentially another Mario adventure.
That play was made possible by a facemask penalty on the Lions during Green Bay's attempt to lateral their way to the end zone. Green Bay has won three consecutive games on Monday Night Football including a 27-13 win over Philadelphia last season.
Iconic PC real-time strategy game, StarCraft II: Wings of Liberty , is going free-to-play seven years after its release . This free-to-play change will likely be the most significant step in preserving StarCraft 2's relevance yet.
The department also believes Canada had unfairly subsidized the lumber exports at between 3.3 percent and 18.2 percent. If the ITC agrees with Thursday's decision, the Commerce Department will issue orders to collect the duties.
In accordance with BlizzCon , Blizzard updated its official site with more information on the upcoming Overwatch hero. Coalescence- Moira channels a long-range beam that both heals allies and bypasses barriers to damage her enemies.
Back-up QB Jacoby Brissett has been starting since Week Two and is expected to do so for the remainder of the year. If they do trade, Colts fans should cross their fingers that it brings a Vontae Davis and not a Trent Richardson.
As many as 29 civilians have been killed and several others injured as Saudi warplanes dropped bombs on Yemen's extreme northwest. An airstrike conducted by the Saudi-led coalition on a hotel in Yemen's northern Saadah province has killed 21 people.
Justice Sikri jokingly said that even he receives calls and messages asking him to link his accounts with Aadhaar. The apex court has left the decision on a constitutional bench that will decide on this matter later this month.
The further away the score is from 0, the higher the "distance to parity" in the country for that sub index appears to be. It now ranks behind countries including the United Kingdom (15th), Australia (35th) and Bangladesh (47th).
Warrant issued for ousted Catalan leader
This led to the Prime Minister of Spain Mariano Rajoy dissolving the regional parliament and calling a snap election for December. A High Court source said the arrest warrant for Puigdemont , who is in Belgium, would "most likely" be issued on Friday.
Police nab 'nonchalant' gunman who killed 3 at Colorado Walmart
Dozens of shoppers and employees dropped to the ground and rushed to escape as police cruisers and ambulances raced to the scene. The Walmart remained closed as of Thursday morning, Thornton Mayor Heidi Williams said. "This is a very heinous act", he said.