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Qualcomm Says Two Big Buyers Likely to Bail Over Broadcom Tie-Up

Qualcomm warned investors that two of its most important customers have threatened to take their business elsewhere should Qualcomm be acquired by Broadcom. Qualcomm didn't name the customers, but said together they contribute a combined $1 billion in chip revenue. Qualcomm's most important customers are Apple and Samsung, followed by Huawei, LG, Sony, Oppo, and Xiaomi. The customers in question cited a lack of confidence in Broadcom's ability to lead a combined Qualcomm-Broadcom entity as the impetus for their decisions.
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