With that in mind, the company is seeking to strike a balance between continued resistance to Broadcom's takeover and heeding the calls of shareholders who have urged the company to engage with its rival in case it can clinch an attractive deal.
But the question of when still remains.
That amount is already 17% higher than Broadcom's previous bid, which it offered $70 per share. But the latest offer included an increase in Broadcom stock that would be paid to Qualcomm shareholders - $22 per share, up from $10.
"Your proposal is inferior relative to our prospects as an independent company and is significantly below both trading and transaction multiples in our sector", Paul E Jacobs said in the letter.
Broadcom said its new offer for Qualcomm is contingent on that transaction either closing at the originally agreed price, or being abandoned.
It didn't take long for Tan to offer to meet with Qualcomm as soon as today or over the weekend, although the earliest Qualcomm will consider is Tuesday - which is after Qualcomm's and Broadcom's respective meetings with proxy advisors Glass Lewis and ISS.
San Francisco one of the world's 10 most congested cities
London drivers spent approximately 74 hours a year in congestion during peak times, at an average cost of £2,430 a year. Call it the "Full Vancouver" - when you complain about real estate, the weather and traffic all in one conversation.
DMX sent to prison after positive drug test
DMX pleaded not guilty to the charges, which would have landed him a maximum of 44 years behind bars if convicted on all counts. Back in August 2017, the site reported that DMX had entered a rehab program while he was out on bail for tax evasion .
Qualcomm's board of directors has unanimously rejected Broadcom's monster $121bn (£87bn) bid for the chip maker.
Qualcomm's rejection is definitely interesting considering the company's current economic situation.
Qualcomm says only 1.5% of NXP common share "have been validly tendered pursuant to the tender offer and not properly withdrawn". Analysts said the deal would be worth $146 billion, including assumed debt.
The NXP deal still faces an uncertain future as some of its shareholders, including activist hedge fund Elliott Management Corp, have asked Qualcomm to raise its offer.
Is Broadcom willing to commit to take whatever actions are necessary to ensure the proposed transaction closes? NXP shares closed at $115.94 on Thursday, indicating investors were expecting a sweeter deal.
The "termination fee" offer came a day after California-based Qualcomm rejected a record $121 billion hostile bid as too low, while citing a risk that the proposed tie-up could be blocked by regulatory authorities.
Windows 10 Build 17093 adds per-app multi-GPU settings and more
This build is a portion of the RS4 section, which depicts the subsequent Windows 10 update the corporation has still to declare. Microsoft explains that many modern devices are now HDR capable but need calibration for HDR streams to be able to be watched.
5-star CB Tyson Campbell commits for 2018
No, that honor belongs to his Tennessee hat-fake out that ended with a Vols cap being flung across the room . USF and Mizzou also had their accounts churning out welcome tweets within an hour of the shutdowns.
Justin Timberlake's man crush: Tom Brady
The Super Bowl tradition started in 1967, and it was typical for it to only feature a college marching band up until the 1980s. So, I'm excited to do that. "We're going to take it seriously that we want everyone to have a ton of fun", he said.