Broadcom will supply wireless components to Apple in a deal valued at $15 billion - Business Insider

Broadcom will supply wireless components to Apple in a deal valued at $15 billion

24.1.2020

Broadcom will supply wireless components to Apple in a deal valued at $15 billion

The chipmaker said it has entered into two multi-year agreements with Apple for the supply of wireless components used in its products.

Broadcom CEO Hock E. Tan Lucas Jackson/Reuters Chipmaker Broadcom said on Thursday it has entered into two multi-year agreements with Apple for the supply of wireless components used in its products. The agreements, "2020 SOWs", are in addition to the existing ones for supplying radio frequency components and modules to the iPhone maker and together could generate as much as $15 billion in revenue for Broadcom. Shares of the chipmaker rose 2% in extended trading. (Reporting by Amal S in Bengaluru; Editing by Arun Koyyur) Read the Read more: Business Insider

What a loan

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