Lazard Capital's checks increase concerns on Broadcom

theflyonthewall.com

Lazard Capital's supply chain checks increased its concerns regarding Broadcom. The analyst believes Apple will bring its connectivity solution in-house by 2015 following the hiring of TI's wireless connectivity team in Israel, current development efforts are behind schedule given its may be exploring alternative options, and 4G market continues to be dominated by Qualcomm. The firm maintains its Neutral rating.

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