Now for the latest on Broadcom's proposed takeover of Qualcomm that was nixed by U.S. President Donald Trump. Our reporter Miro Lu has the details in Singapore.

I'm standing in front of Broadcom Limited's Singapore location at No 1 Yishun Avenue 7. This semiconductor company has attracted world media's attention as U.S. President Donald Trump on Monday blocked its proposed takeover of American chipmaker Qualcomm on national security grounds. The 117 billion US dollar acquisition, if it had gone through, would have been the largest technology deal in history.

The president said his decision to block Broadcom's bid had been based on the review by the foreign investment committee. The panel had said that the leadership of Qualcomm, which makes wireless chips and licenses key wireless patents, was too important to let go of. The committee also argued that Qualcomm is a key player in 5G networking technology, which was also a national security interest. The decision was of course a blow to Broadcom, which under its chief executive, Hock Tan, has promised to relocate the company from Singapore to the US. Bloomberg reports that Broadcom expects to complete its move to the US by April 3rd. On the company's official website, both the Singapore location and San Jose, California are listed as Corporate Co-headquarters as of Tuesday. CGTN tried contacting Broadcom Singapore office after on Tuesday afternoon but was told the media officer was not available.