backtop


Print

Broadcom wants a bigger piece of the pie

Broadcom announced last week that it would make a move next year to help it compete on more even footing with larger rival Qualcomm. Broadcom said that it will provide sample chips supporting the latest high-speed wireless service, LTE, to top mobile phone customers in 2013.

Broadcom CEO Scott McGregor declined to give an estimate for timing on production of commercial smartphones using the company’s LTE hardware, but he did offer a list of "signposts" that investors can look for in 2013 reports Reuters.

McGregor said, "We need to be there. We're not there today."

Broadcom is upbeat on its LTE prospects. The company already offers Wi-Fi chips that are used in some the most popular mobile devices on the market from Apple and Samsung. 
 
The news of Broadcom's LTE plans sent shares in the company up 2.4% in trading last week. The company also announced that it was increasing its financial targets for the current quarter.

Source: Reuters





"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton
Related Articles



Latest Headlines
Featured Devices
November 28, 2016, 1:01 AM
Iron Man Mechanical Keyboard
November 18, 2016, 2:28 AM
AMD Inspires Innovation Everywhere
November 12, 2016, 1:00 AM




Latest Blog Posts
More News
Saimin Nidarson - Dec 4, 2016, 5:00 AM
More News
Saimin Nidarson - Dec 3, 2016, 5:00 AM
Top News
Saimin Nidarson - Dec 2, 2016, 5:00 AM
Top Stories
Saimin Nidarson - Nov 28, 2016, 1:12 AM
News: Fidel Castro
Saimin Nidarson - Nov 27, 2016, 5:00 AM
Top News
Saimin Nidarson - Nov 26, 2016, 5:00 AM
Top Stories
Saimin Nidarson - Nov 22, 2016, 2:26 AM
Headline News:
Saimin Nidarson - Nov 21, 2016, 1:00 AM






botimage
Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki