Broadcom extends its Apple chip work through 2031 in a fresh custom-silicon deal
Broadcom has extended its long-running relationship with Apple through 2031, signing new multi-year agreements to design and supply a range of custom chips for the iPhone maker.
The deal deepens one of the most important supplier relationships in consumer electronics, and it sent Broadcom’s shares up around 4% as investors read it as a guarantee of years of locked-in revenue. It also lands while the whole industry is scrambling for secure long-term chip supply.
Broadcom has been inside Apple’s products for years, even if its name rarely appears on them. It supplies the radio-frequency components that let iPhones connect to cellular networks, along with Wi-Fi and Bluetooth chips and other networking parts, the unglamorous silicon that makes a phone actually communicate. The new agreements cover custom ASIC products, application-specific chips built for particular jobs, across multiple future generations of Apple hardware.
The commercial weight of the relationship runs both...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE
