Energy News  
CHIP TECH
Broadcom moves back to the US
by Staff Writers
San Francisco (AFP) April 5, 2018

Semi-conductor manufacturer Broadcom, which recently failed in a bid to buy US rival Qualcomm, has transferred its headquarters from Singapore to the US as promised.

The move effective Wednesday was approved by shareholders on March 23 and then endorsed by the High Court of the Republic of Singapore on April 2, the company said.

"The completion of our redomiciliation to the United States marks an important milestone in our company's history as Broadcom has been an American company in every respect but our legal domicile," said CEO Hock Tan.

Last month President Donald Trump issued an order barring the proposed $117 billion hostile takeover of Qualcomm, citing what he called "credible evidence" such a deal "threatens to impair the national security of the United States."

It would have been the biggest-ever deal in the tech sector.

Trump's order made no mention of China, but an earlier letter from the US Treasury Department warned that a takeover might hurt US leadership in 5G, super-fast fifth-generation wireless networks now being deployed, and consequently pose a threat to US security.

The presidential action was allowed because Broadcom is a foreign entity, but would not have been possible had it completed its redomiciliation.

Broadcom was founded in California but moved its headquarters after a 2015 deal that merged it with Avago Technologies.

On March 14, Broadcom said it was withdrawing its offer for Qualcomm.


Related Links
Computer Chip Architecture, Technology and Manufacture
Nano Technology News From SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


CHIP TECH
China tightens rules on transferring tech know-how
Beijing (AFP) March 30, 2018
China has issued new guidelines on transferring intellectual property rights from Chinese firms or individuals to foreign investors, as global tensions rise over technology theft. The instructions made public by the State Council on Thursday stipulate that IP rights related to integrated circuits, computer software copyrights and new plant breeds will be reviewed by the government before any overseas transfers. The guidelines aim to "safeguard national security and major public interests", the c ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CHIP TECH
Taking the Pulse of Greenhouse Gases

Proba-1 spots Giza pyramids from space

Sentinel-3B launch preparations in full swing

Research shows fertilization drives global lake emissions of greenhouse gases

CHIP TECH
Indra Expands With Four New Stations The Ground Segment Managing Galileo Satellites

GMV leads a project for application of EGNOS to maritime safety

Why Russia is one step ahead of US Army's plans for future GPS

Europe claims 100 million users for Galileo satnav system

CHIP TECH
Palm trees are spreading northward - how far will they go?

Soil fungi may help determine the resilience of forests to environmental change

Drought-induced changes in forest composition amplify effects of climate change

Amazon deforestation is close to tipping point

CHIP TECH
Notre Dame researchers developing renewable energy approach for producing ammonia

New insights into how cellulose is built could indicate how to break it

Sewage sludge leads to biofuels breakthrough

Wood pellets: Renewable, but not carbon neutral

CHIP TECH
Photosynthetic protein structure that harvests and traps infrared light

Freedom Solar project at Northtown Plaza will save owners more than $1.25 million

Photosynthesis uses vibrations as 'traffic signals'

DuPont Photovoltaic Solutions Inks Collaboration with Envision

CHIP TECH
The Evolution of Wind Power in 2017

China considering energy storage mandate for wind

Detection, deterrent system will help eagles, wind turbines coexist better

BP sees onshore wind as the cheapest future source of electricity

CHIP TECH
Michigan utility company to go zero coal

Australia won't fund mega Adani mine rail link

New York unveils plans for fossil fuel divestment

French energy company EDF to replace coal in China

CHIP TECH
Vatican-affiliated Chinese bishop arrested: report

China court accuses Anbang boss of stealing billions as trial opens

Street art makes a splash in Hong Kong

China to reorganise propaganda efforts at home and abroad









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.