Broadcom Inks Multi-Year Supply Deals With Apple to Provide Wireless Components and Modules
(MacRumors iPhone)

Longtime Apple supplier Broadcom today announced that it has signed two multi-year deals with Apple that cover a `range of specified high-performance wireless components and modules` that Apple will use in its products. According to Broadcom, these new agreements are in addition to a prior agreement it established with Apple in June 2019 for RF components and modules. The new agreements will last for three and a half years beginning in January 2020. Broadcom says that the two new deals combined with its existing 2019 deal could generate aggregate total future revenue of approximately $15 billion. As pointed out by Bloomberg, Broadcom`s announcement allows potential purchasers to know that they`re getting an established business relationship with Apple. Broadcom has been exploring a sale of its radio frequency chip unit since last year.This article, "Broadcom Inks Multi-Year Supply Deals With Apple to Provide Wireless Components and Modules" first appeared on MacRumors.comDiscuss this article in our forums