Apple and Broadcom have agreed to extend their partnership till 2031, the US-based chipmaker revealed in an 8K regulatory filing submitted to the US Securities and Exchange Commission (SEC) on Monday. The renewed multi-year agreements between the two US-based tech giants include the development and supply of custom application-specific integrated circuit (ASIC) silicon chips. The chipmaker says that Apple will use these chips in future generations of devices. Broadcom has been supplying RF chips and networking modules to Apple for its devices for years now. These chips enable multiple wireless connectivity features for Apple devices. Moreover, Apple’s custom C1 and C1X modems also comprise a few components, which are supplied by Broadcom.
Apple and Broadcom Agree to Extend Chip Supply Partnership Till 2031, Regulatory Filing Reveals
