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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 170.65+1.5%3:59 PM EST

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To: Jim Mullens who wrote (146734)5/31/2018 7:28:03 PM
From: VinnieBagOfDonuts5 Recommendations

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   of 196796
 
As questioned here before, I wonder if the QCOM / NXP holdup has all along been related to ZTE?

I'm not so sure it was seriously on China's radar until Europe finally approved it on Jan.18.

Does Q normally wait for home country approval before filing the Chinese application? Anyway, I believe China was the last country to approve the UK-based CSR acquisition as well as Northern CA's Atheros.

Maybe China likes going last because, like guessing the price on the price is right, it allows you to free ride off of others information (i.e. concessions). By going last, China requires all other countries' concessions then pressures for anything else it can get as, at that point, it holds "last approver" veto power.

Also, I don't know if you noticed but the press stopped talking about Mofcom approval and now refers to the State Administration for Market Regulation (SAMR). There are multiple Chinese regulatory agencies and some consolidation this year likely slowed things a wee bit, but now we are firmly stuck in the ZTE mud.
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