Broadcom Seeing Lots of IoT Activity, CEO Says
Broadcom is seeing a lot of activity in the IoT market, CEO Scott McGregor said on a Tuesday call about Q1 results. That quarter, it shipped a large number of development kits for “prototyping” IoT products, he said. Broadcom continues…
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to “garner new design wins in a broad set of verticals” for IoT, “ranging across automotive, medical devices, healthcare, life goods and home automation,” McGregor said. Q1 revenue in Broadcom’s connectivity business rose 13 percent on strong consumer adoption of new high-end smartphones and growing penetration of new technologies such as 802.11ac, McGregor said. Broadcom is seeing “significant customer interest” in its latest 5G Wi-Fi BCM4359 chip that offers “industry-first” real simultaneous dual band (RSDB) support, he said. “This technology is expected to ship later this year and allows a smartphone or tablet to transfer data across two bands at the same time, enabling new applications and increasing the performance of existing applications.” Broadcom unveiled the BCM4359 in an early-March announcement, saying that by enabling RSDB support, the BCM4359 is able to connect to the 5 GHz and 2.4 GHz bands simultaneously, “improving the throughput and latency when using multiple applications at the same time, particularly video streaming and gaming.”