How semiconductor companies develop their long-term strategy through M&A – A case study of Qualcomm and NXP

碩士 === 國立臺灣大學 === 企業管理碩士專班 === 105 === As the growth rate of smartphone market has gone flat, semiconductor companies seem losing their momentum. To defense their profit margin and explore a new growth driver, semiconductor companies started considering inorganic growth to compensate for the stagnat...

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Bibliographic Details
Main Authors: Chi-Kuang Chen, 陳紀光
Other Authors: Ruey-Shan Guo
Format: Others
Language:en_US
Published: 2017
Online Access:http://ndltd.ncl.edu.tw/handle/xfc8s5
Description
Summary:碩士 === 國立臺灣大學 === 企業管理碩士專班 === 105 === As the growth rate of smartphone market has gone flat, semiconductor companies seem losing their momentum. To defense their profit margin and explore a new growth driver, semiconductor companies started considering inorganic growth to compensate for the stagnation of industry. In 2015 and 2016, the value of mergers and acquisitions in agreement in the semiconductor industry reached a historical high. Compared to previous waves of M&A in the semiconductor industry, deals during this period are larger and bolder. The strategies behind these deals are more than reaching economy of scales and acquiring new technology. In this work, the study on Qualcomm to acquire NXP has been analyzed. By completing its product portfolio and establishing an alliance with cloud provider, a new ecosystem for IoT industry can be built up and Qualcomm’s customers could use this platform to easily differentiate their product and shorten their development cycle. For Qualcomm, the achievement could not only increase the entry barrier but also expand its business scope. In the long run, the pure semiconductor players will leave their competitive advantage and the competition between different industries will become fierce and unpredictable.