The best regulated crypto exchange
Find out why?
50 BTC prize pool!
Get your share!
I'm in

Broadcom to sell $15bn worth iPhone parts to Apple

By Yana Berman

American component supplier will provide parts for Apple products for the next three and a half years

Florian Knodt / Flickr.com Florian Knodt / Flickr.com

American component supplier will sell $15bn (£11.4bn, €13.5bn) worth of wireless components to , according to a recent SEC filing.

Broadcom, which is currently the most important tech supplier for Apple in the US, is going to provide the giant with the details for its upcoming iPhones, the filing read.

Broadcom and Apple have signed two separate agreements, with components will delivered for coming Apple products during the three and a half year period beginning in January 2020.

Details of the components were not specified in the papers filed with the SEC. However, recent analysis of the iPhone 11 shows that Broadcom chips are widely used in Apple's gadgets for Wi-Fi and Bluetooth connectivity, as well as for connecting to wireless networks.

This might mean that the details provided by the American supplier could contribute to the production of the 5G-compatible phones.

Analysts expect Apple to present its 5G lineage in coming five years, depending on the timeline of its deployment across the world.

In December 2019, Broadcom claimed in a filing that Apple’s business comprised 20 per cent of its net revenue in 2019 and 25 per cent in 2018.

FURTHER READING: Apple stock predictions for 2020 and beyond

FURTHER READING: Apple stock technical analysis: $330.00 level in the spotlight

Like to share your thoughts and ideas about crypto and trading? You could join us as an external author. Email us on [email protected] to find out how you could become a Currency.com contributor.
Subscribe to Currency.com news
iMac Image
The most beautiful trading app
google play storeapple store
iPhone Image
iPhone Image