Comment on Here's Why Broadcom Expects Its Wireless Business to Be Flat This Quarter

Here's Why Broadcom Expects Its Wireless Business to Be Flat This Quarter

Chip giant Broadcom (NASDAQ: AVGO) is a supplier of critical wireless chips into flagship smartphones. It sells Wi-Fi/Bluetooth combination chips, touch-screen controllers, radio frequency chips, and more into devices like Apple's (NASDAQ: AAPL) flagship iPhones and the Samsung (NASDAQOTH: SSNLF) Galaxy S and Galaxy Note devices. Last quarter, Broadcom's wireless chip business, which made up 26% of the company's revenue in that period, saw 13% year-over-year revenue growth but dropped 41% quarter over quarter.Image source: Apple.Continue reading

 

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