Apple, Broadcom seal US$15 bil chip deal

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The company provides radio-frequency chips that let iPhones, iPads connect to cellular data. FMTNews Apple

LOS ANGELES: Broadcom Inc disclosed new agreements to provide components for Apple Inc devices released through the middle of 2023.

That’s in addition to another similar agreement that Broadcom reached with Apple in 2019. The three deals could generate about US$15 billion in future revenue, Broadcom added. Broadcom is a major Apple supplier, providing radio-frequency chips that let iPhones, iPads and Apple Watches connect to cellular data networks.

 

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