--Qualcomm Inc. (QCOM) may add two new members to its board, raising the number to 14, Reuters reported Tuesday, citing "people familiar with the matter."

--The report said Qualcomm is looking to placate shareholders after it turned down a takeover bid from Broadcom Inc. (AVGO), and didn't get needed approvals from China to buy NXP Semiconductors NV (NXPI), among other issues.

--Additions may be made to the board next year, the report said, citing the sources.

 

Full story: https://www.reuters.com/article/us-qualcomm-board-exclusive/exclusive-qualcomm-prepares-to-add-new-board-directors-sources-idUSKCN1LY2EB

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 18, 2018 14:40 ET (18:40 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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