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Qualcomm Surprising Proposal to Buy Take Over Intel
Qualcomm is an American multinational corporation company, has asked its rival Intel if it would consider a sale. This is a sudden, serious and shocking statement that has shaken up the entire technology industry. Qualcomm and Intel, both these companies make chips for mobile and also produce SD Card, due to which this company is famous all over the world. This company is a famous and memorable company in itself, its product is used by a lot of people because their videos, photos and some documents are copied in chips. Intel has sent a private proposal to Qualcomm in which Intel has told some of its close things that it wants to sell its entire company. This thing has been sent to it in the proposal. Hearing this, there has been a stir in the whole company and everyone is shocked that this company is taking such a big decision at once or in a few moments.
This proposal offers a premium to Intel shareholders in exchange for Qualcomm shares and while sharing this, we also want to tell you that Intel has not yet given any public response to this proposal, although the company has to follow many rules and regulations before taking such a big decision, in which the company officials have said that they are reviewing this proposal and will take a decision in the best interest of their shareholders. This proposal is accepted by the company. If so, there will be a big fusion in the technology industry due to which two big companies will unite and start working together, which will benefit both of them very well.
Both Qualcomm and Intel are big and famous companies in their own right and these companies are major players in the semiconductor industry because both these companies are very old companies, which have made their identity not only in India but all over the world with the products of their production, which many people use at least once in their life. The products of this company are used by people from big to small. The new company formed by the merger of both Qualcomm and Intel will have a huge impact in the market, there will be some possible consequences of this impact, which are as follows:
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Monopoly in the market
The fusion of Qualcomm and Intel can create a monopoly situation in the market very quickly, due to which prices can increase for their customers and there can be some reduction in production.
Acceleration in innovation
The new company formed by the merger of both Qualcomm and Intel will have more resources and capacity, due to which innovation can be accelerated and development work can be done for new production.
Workforce Reduction
After the merger of both Qualcomm and Intel, there may be an overlap between the two companies. This may lead to workforce reduction and job loss. this proposal is important for the future of the tech industry. It will be interesting to see how Intel responds to this proposal.
Some important information
Before Qualcomm sends the proposal to Intel, they have to follow some rules and regulations which the company has followed and has also got approval from the Board of Directors. Intel shareholders have already been informed about the proposal. There has been no discussion about this proposal yet. So far, there has been no public conversation between the two companies and it will be interesting to know what will happen next or not.
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