Broadcom pledges $1.5 billion US investment to ease regulatory scrutiny

[Stephen + 67]

In a move to ease regulatory concerns, Singapore-based tech firm Broadcom Ltd. pledged that it is committed to making the U.S. a leader in 5G technology and plans to invest $1.5 billion in training American engineers. The announcement comes after the U.S. Treasury, which chairs the Committee on Foreign Investment in the U.S., sent a letter scrutinizing Broadcom’s $117 billion hostile takeover of California-based Qualcomm Inc.

[李伟王芳 + 77]

while I am shocked with the $117 billion amount, I see some fellow Americans are shocked that Singapore investment will broaden China's influence here

[Stephen + 67]