BUENOS AIRES, Argentina | The Latest: China open to approving NXP takeover by Qualcomm

BUENOS AIRES, Argentina  | The Latest: China open to approving NXP takeover by Qualcomm

BUENOS AIRES, Argentina — The Latest on President Donald Trump at the Group of 20 summit (all times local):

11:55 p.m.

The White House says China’s government is “open to approving” the purchase of Dutch semiconductor manufacturer NXP by American chipmaker Qualcomm should it be revived.

China nixed the proposed takeover earlier this year, citing antitrust concerns, after U.S. and European regulators approved the deal. The new openness to the transaction Saturday comes hours after President Donald Trump and Chinese President Xi Jinping (shee jihn-peeng) met in Argentina in a bid to cool a flaring trade war.

Continue reading BUENOS AIRES, Argentina | The Latest: China open to approving NXP takeover by Qualcomm at STL.News.