Broadcom announces new ‘high-performance component’ deals with Apple, valued at $15B

guest · Jan 24, 2020

Broadcom announces new ‘high-performance component’ deals with Apple, valued at $15B
Broadcom has entered into two new, multi-year deals with Apple
January 23, 2020
https://9to5mac.com/2020/01/23/broadcom-apple-deal-high-performance/

Chipmaker Broadcom has announced that it has inked two multi-year deals with Apple to provide “high-performance wireless components and modules.” These chips will be used in Apple products for the next three and a half years, Broadcom says.

Broadcom explains that both of these new agreements are in addition to an existing agreement it has with Apple, which was reached in June of last year. That agreement covers certain RF components and modules, and the two new agreements announced today further expand the relationship between Broadcom and Apple.
Details on the two newest agreements are unclear.

Broadcom announced today (via StreetInsider): [...]
In December it was rumored that Broadcom was exploring a possible sale of its RF wireless chip business, with some analysts predicting that Apple could be a potential suitor.
Click to expand...

guest · Mar 13, 2020

In December it was rumored that Broadcom was exploring a possible sale of its RF wireless chip business, with some analysts predicting that Apple could be a potential suitor.
Click to expand...

Broadcom changes mind, opts to keep RF wireless chip business
March 13, 2020
https://www.crn.com.au/news/broadcom-changes-mind-opts-to-keep-rf-wireless-chip-business-539271

Broadcom has decided to retain its radio-frequency wireless chip business after landing a major, multi-year deal with its largest smartphone customer.

“After careful consideration, we have come to the conclusion that continuing to invest in and operate our wireless asset will create the most value for our business and for our shareholders,” Broadcom CEO Hock Tan told investors Thursday during the company’s earnings call.
The San Jose, Calif.-based semiconductor giant said a new three-year supply agreement has allowed Broadcom to become closer and more strategically aligned with its largest smartphone customer, Tan said.
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Broadcom announces new ‘high-performance component’ deals with Apple, valued at $15B

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