Checks indicate competitive fears for Broadcom's (BRCM) combo chip business are overblown, says...

|About: Broadcom Limited (AVGO)|By:, SA News Editor

Checks indicate competitive fears for Broadcom's (BRCM) combo chip business are overblown, says William Blair, which is reiterating an Overweight on the chipmaker. Broadcom, which counts Apple, Samsung, and many others as buyers of its Wi-Fi/Bluetooth combo chips, recently saw Texas Instruments announce plans to exit the combo chip market. But concerns have existed about tougher competition from Marvell, MediaTek, and Qualcomm's Atheros unit. (NFC combo chip)