Deals
Apple, Broadcom Strike $15 Billion Worth of Chip-Supply Deals
- Broadcom put its RF chip business up for sale last year
- Chipmaker to supply components for Apple devices into 2023
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Broadcom Inc. disclosed new agreements to provide components for Apple Inc. devices released through the middle of 2023.
The San Jose, California-based chipmaker said it entered into two multiyear pacts “for the supply of a range of specified high-performance wireless components and modules to Apple for use in its products.” That’s in addition to another similar agreement that Broadcom reached with Apple in 2019. The three deals could generate about $15 billion in future revenue, Broadcom added.