Apple Analyst Ming-Chi Kuo Post On X, "Broadcom currently supplies over 300 million Wi-Fi+BT chips (hereafter referred to as Wi-Fi chips) per year to Apple. However, Apple will rapidly reduce its reliance on Broadcom. With new products in 2H25 (e.g., iPhone 17), Apple plans to use its own Wi-Fi chips, which will be made by TSMC's N7 process and support the latest Wi-Fi 7 spec..."
Portfolio Pulse from Benzinga Newsdesk
Apple plans to reduce its reliance on Broadcom for Wi-Fi chips by using its own chips made by TSMC, starting with new products in 2H25. This move aims to cut costs and improve ecosystem integration.
October 31, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Apple plans to use its own Wi-Fi chips, reducing reliance on Broadcom, starting with products in 2H25. This move is expected to cut costs and improve ecosystem integration.
Apple's decision to use its own Wi-Fi chips will likely reduce costs and improve product integration, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 80
POSITIVE IMPACT
TSMC will manufacture Apple's in-house Wi-Fi chips starting in 2H25, potentially increasing its business with Apple.
TSMC is set to benefit from Apple's decision to use in-house Wi-Fi chips, as it will manufacture these chips, potentially increasing its business with Apple.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 70
NEGATIVE IMPACT
Broadcom will lose a major client as Apple plans to use its own Wi-Fi chips starting in 2H25, potentially impacting Broadcom's revenue.
Broadcom's revenue may be negatively impacted as Apple transitions to in-house Wi-Fi chips, reducing its reliance on Broadcom.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80