Broadcom Ltd (AVGO): Exceptional Growth At A Reasonable Price-With A Dividend Kicker

Broadcom Limited: A Complex Technology Company

The following short business description courtesy S&P Capital IQ illustrates the technological complexity of this intriguing company:

“Broadcom Ltd (NASDAQ:AVGO) designs, develops, and supplies a range of complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

The Wired Infrastructure segment provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; Ethernet switching and routing application specific standard product; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper physical layers; and fiber optic laser and receiver components.

The Wireless Communications segment offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; and custom touch controllers.

The Enterprise Storage segment provides serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; and preamplifiers.

The Industrial & Other segment optocouplers; industrial fiber optics motion control encoders and subsystems; and light emitting diodes.

Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays.

The company was formerly known as Avago Technologies Limited and changed its name to Broadcom Limited in February 2016. Broadcom Limited was founded in 2005 and is headquartered in Singapore.”

Competition Risk

Furthermore, due to the diversity of the businesses and industries that Broadcom Limited operates in, it also competes with many of the most prominent technology companies in the world. The following is a list of Broadcom Limited’s competitors, also courtesy of S&P Capital IQ:

“Broadcom Limited Competition

The company’s primary competitors in the wired infrastructure segment are Cavium Inc.; Intel Corp.; Finisar Corp.; GlobalFoundries; HiSilicon Technologies Co. Ltd.; Lumentum Operations LLC; MACOM Technology Solutions Holdings, Inc.; Marvell Corp.; Mediatek Inc.; Mellanox Technologies; Mitsubishi Electric Corporation; NXP Semiconductors N.V.; Quantenna Inc.; ST Microelectronics N.V.; and Sumitomo Corporation.

The company’s primary competitors in the wireless communications segment are Murata Manufacturing Co., Ltd.; Qorvo, Inc.; Qualcomm Inc.; Skyworks Solutions, Inc.; and TDK-EPC Corporation.

The company’s competitors in the enterprise storage segment include Cavium Inc.; Marvell Technology Group, Ltd.; Microsemi Corp.; and Texas Instruments, Inc.

The company’s primary competitors in the industrial & other segment are Analog Devices, Inc.; Cree, Inc.; Hamamatsu Photonics K.K.; Heidenhain Corporation; Renesas Electronics Corporation; and Toshiba Corporation.”