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Apple to Drive Broadcom’s Wireless Revenue in H2 2018

Paige Tanner
Apple to Drive Broadcom’s Wireless Revenue in H2 2018

Apple (AAPL) selected Qorvo (QRVO) as the secondary PAD filter supplier after Broadcom (AVGO), its largest supplier. Broadcom supplied eight components for Apple’s 2017 iPhone models including Wi-Fi/Bluetooth connectivity, wireless charging, and RFFE (radio frequency front end). In its fiscal 2017 filing, Broadcom stated that Apple accounted for over 20% of its fiscal 2017 revenue, up from ~15% in fiscal 2016. Broadcom reports its revenue from Apple in its Wireless Communications segment, which contributes about 30% towards the chip maker’s revenue.