Broadcom Says It Will Debut LTE Chips in 2013
Broadcom indicated on Thursday that it plans to begin supplying LTE 4G baseband radios to its smartphone customers beginning in 2013. The company does not have any LTE chips at the moment, and has lost business to rivals that do. Broadcom did not provide a timeline for when the LTE chips would be available, but said it will be sampling the radios to its customers next year. Most of today's high-end smartphones support LTE.
Broadcom to Cut Up to 1,900 Jobs
Broadcom Limited said it plans to reduce its headcount by about 1,900 jobs. The cuts will be made across Broadcom's global facilities and the company expects to take a charge of $650 million to cover the cost of the cuts.
Broadcom Is Once Again a US Company
Broadcom says its repatriation process is complete, and it has moved the company's legal home from Singapore to Delaware. Broadcom announced its intent to move back to the U.S.
Avago Technologies May Buy Broadcom
Avago Technologies is in advanced talks to acquire Broadcom, reports the Wall Street Journal. Terms of the deal are not yet available, and the Journal's sources say the deal may not be signed.
Broadcom Makes More Promises to Appease US Regulators
Broadcom today said it won't sell anything considered a "critical national security asset" to foreign buyers if its proposed purchase of Qualcomm is approved by U.S. regulators.