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On Saturday, the Wall Street daily (WSJ) quoted sources as saying that two billion dollar chip business mergers and acquisitions were delayed by China's regulatory review when the US - China trade tension escalated.
The approval delay, Qualcomm (QCOM.O) to $44 billion acquisition of Holland NXP semiconductors (NXPI.O) transaction risk. According to the report, China was the only country that did not approve the deal, and Toshiba (6502.T), with $19 billion in selling chip business to Bain Capital, was only not approved by the Chinese authorities.
The merger agreement between Qualcomm and NXP will extend again in January, and the deadline is extended to April 25th, but the two sides may decide to extend the deadline again.
The Chinese Vice President Wang Qishan assured Steve Mollenkopf last month that the transaction approval would not be subject to political influence, the newspaper said.

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