Broadcom to sample LTE chips next year to catch up with Qualcomm

12/6/2012 | Reuters

In 2013, Broadcom intends to fill in a key element of its product portfolio by sampling chips made for Long-Term Evolution wireless handsets. "We need to be there. We're not there today," CEO Scott McGregor said. Rival Qualcomm already has LTE chips in its product line. Charter Equity Research analyst Ed Snyder said of Broadcom's LTE push, "This is an area they have most chance of growing."

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