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





"Nowadays, security guys break the Mac every single day. Every single day, they come out with a total exploit, your machine can be taken over totally. I dare anybody to do that once a month on the Windows machine." -- Bill Gates
Related Articles



Latest Headlines
AMD Named UBM Company of the Year
December 10, 2016, 5:00 AM
Featured Devices
November 28, 2016, 1:01 AM
Iron Man Mechanical Keyboard
November 18, 2016, 2:28 AM










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