The U.S. mobile-phone chip maker had signed the deal in May 2023 to strengthen its portfolio of Snapdragon chips for auto makers, but the proposed takeover faced competition probes from the U.S. Federal Trade Commission and U.K. regulators.
The U.S. mobile-phone chip maker had signed the deal in May 2023 to strengthen its portfolio of Snapdragon chips for auto makers, but the proposed takeover faced competition probes from the U.S. Federal Trade Commission and U.K. regulators.