Broadcom

Broadcom Expects 2018 iPhone Sales to Drive 'Seasonal Uptick' in Q4 Revenue

Broadcom on Thursday offered analysts an upbeat end-of-year revenue forecast, thanks in part to the imminent launch of Apple’s 2018 iPhone lineup, which is expected to boost the chipmaker’s wireless business. Reuters reports that Broadcom predicted current-quarter revenue largely above estimates, due to higher demand for components that power data centers, as well as an …

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Broadcom Increases Acquisition Offer for Chipmaker Qualcomm to $121 Billion

Broadcom is reportedly moving forward with its attempt to purchase chipmaker Qualcomm, by increasing its bid for the company to about $121 billion and $82 per share, described as a “final offer.” The new offer comes three months after Broadcom’s first bid for Qualcomm, originally valued at about $105 billion ($70 per share), plus $25 …

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