Qualcomm gets China green light for chipset jv with Datang

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(Telecompaper) Qualcomm’s proposed joint venture with Datang Telecom and Beijng Jianguang Asset Management (JAC) to manufacture chipsets in China has received a greenlight from China’s antitrust regulator, the Wall Street Journal reported, citing sources. The joint venture was announced in May 2017. Qualcomm said at the time that Tatang and JAC would together hold a majority share of over 50 percent, with Qualcomm as the tech support. Wise Road Capital is also involved.
Source: Industry News (syndicated from Telecompaper.com)

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