Broadcom strikes $15 billion deal with Apple to sell it iPhone parts
The parts will be used in forthcoming Apple products launching in the next three and a half years, according to the filing, which said that Broadcom and Apple had entered into two separate agreements.The announcement did not specify which components Broadcom would provide to the iPhone maker. According to a , Broadcom supplied several chips used in the iPhone, including chips for Wi-Fi and Bluetooth, and an Avago-branded RF front-end chip that helps the phone connect to wireless networks. Analysts expect over the next few years, which gives companies who make wireless components an opportunity to gain new business and sell parts that are compatible with 5G technology. However, it's possible that the agreement only impacts 4G parts, Moor Insights analyst Patrick Moorhead said. Broadcom is currently looking to sell a wireless chip division focusing on "radio-frequency" chips that supplies Apple, the Wall Street Journal reported in December . Broadcom said in a December filing that Apple's business comprised 20% of Broadcom's net revenue in 2019 and 25% in 2018. Broadcom is one of Apple's key American component suppliers, Read more: CNBC
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Broadcom will supply wireless components to Apple in a deal valued at $15 billion - Business InsiderThe chipmaker said it has entered into two multi-year agreements with Apple for the supply of wireless components used in its products. What a loan
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