BRUSSELS May 2 EU antitrust regulators will decide by June 9 whether to clear smartphone chipmaker Qualcomm's $38 billion bid for NXP Semiconductors NV , which would make it the leading supplier to the fast-growing automotive chips market.
Qualcomm, which provides chips to Android smartphone makers and Apple Inc, sought EU approval for the deal on April 28, a filing on the European Commission website showed on Monday.
The EU competition enforcer can either approve the deal with or without concessions or it can open an investigation lasting about five months if it has serious concerns.
Qualcomm has said the deal, the biggest ever in the semiconductor industry, is a complementary one. The U.S. antitrust watchdog cleared the deal unconditionally last month. (Reporting by Foo Yun Chee; Editing by Mark Potter)
GLOBAL MARKETS-Stocks, dollar ease ahead of slew of c.bank speeches
LONDON, June 27 Commodity-related shares rebounded on the back of firmer oil and metals prices, helping to limit losses in other sectors, while the dollar eased in anticipation of a possible hint from the Federal Reserve on the timing of an expected rate hike. The Fed's Chair Janet Yellen is scheduled to take part in a discussion in London later on Tuesday. Investors expect her to underline her positive view on the U.S. economy, which would support the Fed's forecast of a rate hike t