The UK's Competition and Markets Authority has asked interested parties to comment on the potential impact of the planned $40 billion NVIDIA Corporation takeover of UK-based chip designer Arm Limited. A formal investigation is expected later this year.
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The effects of the COVID-19 pandemic caused global smartphone production to drop 11% year-on-year in 2020, reaching 1.25 billion units, according to figures from market research company TrendForce.
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