Qualcomm said on Friday it had terminated its deal to buy Israeli firm Autotalks, a company that makes communications chips to help prevent car crashes.。Qualcomm is best known for its mobile phone chips and has built an extensive automotive chip business.

Qualcomm announced last year that it would acquire the company。Britain's antitrust regulator said in February it would launch an investigation into the deal..

"Due to failure to obtain timely regulatory approval, Qualcomm terminated its acquisition of Autotalks.。Qualcomm said in a statement, "Automotive is a very important vertical for Qualcomm, and we will continue to fully support our product roadmap, customers and partners."

Some analysts believe that the cancellation of the acquisition may be seen as a potential loss of growth opportunities in the short term, but in the long term, the impact of this decision on Qualcomm's business strategy and growth potential depends mainly on how the company adjusts its strategy in the automotive chip market.

Qualcomm has stated that the company will continue to support its product roadmap, customers and partners.。If Qualcomm can find other ways to strengthen its foothold in the auto industry, it is expected that the cancellation of this deal may have limited impact on long-term growth.