Key Apple Inc. (AAPL) Supplier Doing Big Things With 5G WiFi

Page 1 of 2

To many investors, Broadcom Corporation (NASDAQ:BRCM) is known simply as a chipmaker for Apple Inc. (NASDAQ:AAPL), but the company’s CEO was on CNBC yesterday discussing its diverse structure. On the subject, Scott A. McGregor explained that “Broadcom makes connectivity chips in most smart phones,” adding that “we have a few favorites, but we’re mostly agnostic [...] we have pretty good share in both Apple and Samsung.”

Broadcom Corporation (NASDAQ:BRCM)

According to statistics from the company, “99.98% of Internet traffic passes through at least one Broadcom chip.” Keeping this in mind that, McGregor also discussed the prospects of its 5G WiFi chip, which has been rumored to be included in Apple Inc. (NASDAQ:AAPL)’s products sometime in the near future. Here’s what he had to say:

“We let our customers announce their own products [...] but we do see our 5G WiFi chips really taking off this year. We’ll start to see those this quarter, and I think the ramp will accelerate through the year, and probably by the end of the year you’ll see most of high-end smartphones carrying 5G WiFi. It really gives you better performance, faster, less battery usage, better range; it’s pretty much good in all counts.”

In addition to Apple Inc. (NASDAQ:AAPL), McGregor mentioned a “deepening of the relationship with” ARM Holdings plc (NASDAQ:ARMH), adding that “set-top box products” will be aided by the duo’s partnership. Speaking specifically about the smart television boom, the CEO had a few interesting things to say.

McGregor declined to comment on speculation of an Apple Inc. (NASDAQ:AAPL) television (see Apple’s ‘iTV’ Could Add $4.50 to EPS: Analyst), but he did share a few tidbits about the industry as a whole.

What were his main points?

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!