Broadcom has always been an eager acquirer and contributed to the dotcom boom. In 2016 Broadcom Ltd., based in Singapore, was created when Avago Technologies Ltd. (Singapore) acquired Broadcom Corp. However Broadcom Ltd. announced on November 2 that it will redomicile to the United States. It said it would do this with or without US corporate tax reform.
Although Broadcomm now counts itself as a vendor of chips for wired, wireless, enterprise storage, and industrial end markets, it still would benefit greatly from embracing and driving 5G wireless technology something in which Qualcomm is an acknowledged leader. Similarly Qualcomm over-focused on mobile phone markets, hence its appetite to acquire NXP and gain markets for its wireless technology in automotive and industrial applications.
The record-breaking scale of the acquisition, would likely attract scrutiny from regulators partly because of its large share of the supply chain for both Wi-Fi modem and smartphone chips. Broadcom's plan to move its headquarters to the US will not hurt its chances with US authorities.