Broadcom to supply wireless components to Apple

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 (11.4 billion pounds) in revenue for Broadcom.

Reuters

January 24, 2020 / 08:20 IST

Chipmaker Broadcom Inc said on Thursday it has entered into two multi-year agreements with Apple Inc 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 (11.4 billion pounds) in revenue for Broadcom.

Shares of the chipmaker rose 2% in extended trading.

Reuters

first published: Jan 24, 2020 08:08 am

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