Coming from Broadcom — more Nokia chips, maybe iPhone chips (update)
Friday, January 11th, 2008 by Colin StewartINNOVATION WINS AND LOSSES
Look for Broadcom chips in increasing numbers in Nokia cell phones, possibly in Blu-Ray high-definition DVD players and perhaps in the next-generation iPhone from Apple, says stock analyst Craig Berger at Friedman Billings Ramsey.
But the Irvine-based chip maker has also suffered some recent setbacks, including a delay in Nokia’s adoption of Broadcom chips in cell phones offering Edge data links, Berger said.
The Irvine-based chip maker always announces loads of innovations at the Consumer Electronics Show in Las Vegas, and this year was no exception, with announcements about Internet-linked TV, a “mobile phone on a chip,” GPS chips and more.
Berger noted that Broadcom “has become aggressive about winning business in the Blu-Ray market, ‘using price and margin concessions as weapons,” reported the Tech Trader column at Barron’s in a recap of analysts’ comments about CES.