Broadcom Seeks Push From Emerging Markets
U.S. chip designer Broadcom Corp. is moving to tap the fast-growing market for low-cost smartphones by forming partnerships with local carriers and handset makers in emerging markets.
Broadcom’s chips driving wireless connections are already used in slightly more than half of the world’s smartphones and tablet computers, including Apple Inc.’s iPhone and iPad and Samsung Electronics Co.’s Galaxy phones. The Irvine, Calif., company is now making a push in emerging markets where customers are switching to smartphones from basic feature phones.
