Analog Devices acquires Maxim Integrated for $21 billion
Analog Devices (ADI) is poised to acquire $20.91 billion of its rival chipmaker’s stock, Maxim Integrated. making it the largest M&A deal of 2020. According to Analog Devices, this all stock transaction has already been approved by both company’s boards, and would create combined enterprise valued over $68 billion.
This deal will result in:
Gartner determines top supply chain tech trends for 2020
Gartner analysts have selected strategic supply chain technology trends that have a high potential for positive impact in the electronics industry.
These trends include:
For the first time, Huawei has taken the lead in global smartphone shipments.
According to a report from the International Data Corp., the Chinese company that has been blacklisted by the U.S. government is now leading the industry with 55.8 million smartphones shipped in the second quarter of this year.
Qualcomm signs patent licensing deal with Huawei
Qualcomm and Huawei, leading manufacturers in the electronics industry, have reached a deal to settle their long-running patent licensing dispute. This global licensing agreement grants Huawei rights to some of Qualcomm’s patents effective January 1st. Huawei will pay Qualcomm $1.8 billion for back royalties owed for 2019 and the first six months of 2020.