Qualcomm sees prospects of acquiring NXP as being closed

Qualcomm, the biggest smartphone chipmaker, fell victim to the U.S.-China trade war after it failed to gain approval from Chinese regulators in its $44 billion deal to acquire NXP Semiconductors. On Monday, U.S. chip maker Qualcomm Inc stated, it considers the prospects of acquiring NXP Semiconductors as closed. “While we were grateful to learn of…