Donald Trump

The president of America, Mr. Donald Trump, in an unprecedented move which he claims to have made in the very good and interest of the preserving national security, stopped and blocked the proposed $117 billion sale of telecommunications giant Qualcomm.

This the president did on Monday (yesterday) March 12, 2018 on a deal which involved a Singapore based Broadcom.

As the major and leading producer/manufacturer of LTE wireless chips and also the 5G technology licensing, there had for some period now been fears in the United States market and government circle that a procurement of Qualcomm may definitely embolden the very owners of Broadcom and make them sabotage and weaken Qualcomm’s network. This is in order to aid and assist set Chinese firm, Huawei, up for a good takeover of the 5G roadmap and market.