August 08 2007
Irvine, CA, August 08, 2007 -
Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that Nokia Corporation has selected Broadcom's advanced single-chip cellular baseband processor and its companion power management unit (PMU) for selected future EDGE mobile phones.
"Nokia has been following the development of Broadcom's single chip EDGE processor and we were impressed with the progress made by the Broadcom team," said Peter Ropke, Senior Vice President of Nokia's Mobile Phones Broad Appeal Business Unit. "Broadcom's EDGE solution delivers an advanced feature-set at low power, small size, and low system cost, which make it an excellent foundation for Nokia's future EDGE products."
"Broadcom is proud to be selected as one of Nokia's EDGE partners and delighted by the opportunity to work closely and collaboratively with the company. Nokia's thorough and constructive technical evaluation process demonstrated its no-compromise approach to ensuring the technical strength of its future mobile phones," said Yossi Cohen, Senior Vice President & General Manager of Broadcom's Mobile Platforms Group.
Broadcom first announced the BCM21331 ("Venus") single-chip EDGE multimedia processor at 3GSM in February 2007. Designed in 65 nanometer CMOS process technology, the BCM21331 integrates an EDGE RF transceiver and all of the corresponding analog and digital baseband functions, as well as high performance multimedia and connectivity support. Together with the highly integrated and power efficient BCM59035 PMU, the new solution accommodates small board space and slim designs that require the highest integration, lowest power consumption and lowest bill of materials available.
"Broadcom has shown progress in both technology development and market presence," said Francis Sideco, Senior Analyst of Wireless Communications for iSuppli. "This significant collaboration between Nokia and Broadcom targets EDGE, one of the key segments of the market."
According to market research firm iSuppli, the EDGE segment of the mobile phone market is projected to grow from 245 million units in 2007 to over 408 million units in 2009.
Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art, system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything®.
Broadcom is one of the world's largest fabless semiconductor companies, with 2006 revenue of $3.67 billion, and holds over 2,200 U.S. and 900 foreign patents, more than 6,600 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video and data. Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5900 or at http://www.broadcom.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
Important factors that may cause such a difference for Broadcom in connection with the BCM21331 GPRS/EDGE cellular baseband processor and power management unit products include, but are not limited to, general economic and political conditions and specific conditions in the markets we address, including the volatility in the technology sector and semiconductor industry, trends in the broadband communications markets in various geographic regions, including seasonality in sales of consumer products into which our products are incorporated, and possible disruption in commercial activities related to terrorist activity or armed conflict in the United States and other locations; the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets for cellular applications; delays in the adoption and acceptance of industry standards in those markets; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; the gain or loss of a key customer, design win or order; our ability to scale our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers; our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost-effective and timely manner; intellectual property disputes and customer indemnification claims and other types of litigation risk; the quality of our products and any remediation costs; changes in our product or customer mix; the volume of our product sales and pricing concessions on volume sales; the effectiveness of our expense and product cost control and reduction efforts; our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; the risks and uncertainties associated with our international operations; competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; the timing of customer-industry qualification and certification of our products and the risks of non-qualification or non-certification; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly facilities; the effects of natural disasters, public health emergencies, international conflicts and other events beyond our control; the level of orders received that can be shipped in a fiscal quarter; and other factors.
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SOURCE Broadcom Corporation; BRCM Mobile & Wireless