Five Chinese smartphone makers, together controlling over half of the country’s smartphone market, expressed concerns about semiconductor giant Broadcom Ltd’s US$105 billion bid for Qualcomm Inc, saying the acquisition, if completed, will create a monopoly for the smartphone chips market and hinder innovation. Xiaomi Inc, Oppo, Vivo, ZTE Corp and Lenovo Group all voiced their concerns Thursday at the 2018 Qualcomm China Tech Day in Beijing where Qualcomm forecast that its revenue from Chinese device makers will reach US$8 billion in …

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