APRNEWS - US computer chip giant Qualcomm dropped a $43 billion bid to acquire Dutch rival NXP on Thursday after failing to win approval from antitrust authorities in China.

REUTERS - The Trump administration may soon claim as much as $1.7 billion penalty from ZTE Corp (000063.SZ), as it looks to punish and tighten control over the Chinese telecommunications company before allowing it back into business, according to people familiar with the matter.