Broadcom Gains Momentum in Draft-802.11n Market as Intensi-fi(TM) Technology Expands into Notebook PCs19 July 2006
Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that its Intensi-fi(TM) family of draft-802.11n silicon solutions is gaining momentum as more manufacturers and consumers adopt next generation Wi-Fi(R) technology. In less than four months, Broadcom has shipped over one million Intensi-fi chipsets, providing superior performance and robust wireless connectivity for use in several leading brands of wireless networking gear. (Logo: http://www.newscom.com/cgi-bin/prnh/20060609/BROADCOMLOGO ) With the introduction of the Dell Wireless 1500 draft-802.11n dual-band wireless card, Broadcom(R) Intensi-fi technology is now penetrating the PC notebook segment. Dell notebook users can now take advantage of increased wireless coverage and throughput made possible by Intensi-fi technology. The endorsement by a leading notebook manufacturer marks a significant step toward mainstream adoption of Intensi-fi technology and expands the ecosystem of high-performance, interoperable Wi-Fi products that can handle bandwidth-hungry applications. "Intensi-fi solutions deliver the standards-based technology and proven performance that are critical to our notebook partners," said Michael Hurlston, Vice President and General Manager of Broadcom's Wireless LAN Business Unit. "By providing cutting edge connectivity options, Dell is enabling notebook users to enjoy the un-tethered experience of high-definition multimedia access, online gaming, and music streaming from far corners of their home or office." "Wi-Fi is featured in over 85 percent of notebook PCs, representing over 57 million WLAN chipset units shipped in 2005, which demonstrates strong demand for wireless connectivity in home and business networks," said Celeste Crystal, Senior Analyst from IDC. "By offering draft-802.11n, notebook manufacturers underscore the technology's promise by delivering an end-to-end connectivity solution that provides a new level of wireless performance and range." Broadcom Intensi-fi technology complies with the current IEEE 802.11n draft specification and is available in a variety of draft-802.11n routers, including those from Linksys, NETGEAR and Buffalo. Intensi-fi solutions are also interoperable with draft-802.11n technology from other chipmakers. As more consumers demand high-performance, interoperable Wi-Fi products that support multimedia applications, Intensi-fi solutions are expected to extend beyond PCs and networking equipment into a variety of consumer devices -- including Wi-Fi phones, storage drives, set-top boxes, broadband modems, TV and stereo equipment, gaming systems and digital cameras. Broadcom's Wireless LAN Product Family Broadcom's high performance AirForce(TM) wireless LAN product line includes 54g(R) (the world's most popular Wi-Fi technology), and Intensi-fi (the industry's first IEEE draft-802.11n compliant chipsets). In addition to transceiver solutions that provide single- and dual-band wireless connectivity, Broadcom integrates wireless network processors, communications technologies and its OneDriver software solutions into reference designs that speed customer time-to-market. OneDriver software also supports WIRELESS MULTIMEDIA (WMM(R)), which provides important quality of service features by prioritizing audio, video and voice traffic on a Wi-Fi network. Broadcom also offers SecureEasySetup(TM) software, which enables users to configure their Wi-Fi networks and activate WPA(TM) security with the push of a button. The industry's leading manufacturers are developing computers, routers, peripherals, phones, broadband modems and a variety of consumer electronics devices connected by Broadcom technologies. About Broadcom Broadcom Corporation is a global leader in semiconductors for wired and wireless communications. Our products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. Broadcom provides the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R). Broadcom, one of the world's largest fabless semiconductor companies with annual revenue of more than $2.5 billion, is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at 1-949-450-8700 or at http://www.broadcom.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. Important factors that may cause such a difference for Broadcom in connection with Wi-Fi products include, but are not limited to, general economic and political conditions and specific conditions in the markets we address, including the volatility in the technology sector and semiconductor industry, trends in the broadband communications markets in various geographic regions, including seasonality in sales of consumer products into which our products are incorporated, and possible disruption in commercial activities related to terrorist activity or armed conflict in the United States and other locations; uncertainties as a result of the company's previously-disclosed ongoing review of its practices in respect of options/equity grants to employees, and the publicized more general review of option grant practices throughout the technology and other industries by public regulatory bodies, and potential changes in accounting and other practices resulting therefrom; the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets for wireless networking applications; delays in the adoption and acceptance of industry standards in those markets; our ability to scale our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; the gain or loss of a key customer, design win or order intellectual property disputes and customer indemnification claims and other types of litigation risk; our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost-effective and timely manner; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; the timing of customer-industry qualification and certification of our products and the risks of non-qualification or non-certification; our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; changes in our product or customer mix; the volume of our product sales and pricing concessions on volume sales; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly facilities; the quality of our products and any remediation costs; the effectiveness of our expense and product cost control and reduction efforts; the risks and uncertainties associated with our international operations, particularly in light of recent events; the effects of natural disasters, public health emergencies, international conflicts and other events beyond our control; the level of orders received that can be shipped in a fiscal quarter; and other factors. Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, subsequent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement for any reason. Broadcom(R), the pulse logo, Connecting everything(R), the Connecting everything logo, 54g(R), AirForce(TM), Intensi-fi(TM), OneDriver(TM) and SecureEasySetup(TM) are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Wi-Fi(R), WPA(TM) and WMM(R) are trademarks of the Wi-Fi Alliance. MIPS32(R) is a trademark of MIPS Technologies, Inc. Any other trademarks or trade names mentioned are the property of their respective owners. Broadcom Trade Press Contact Henry Rael Public Relations Manager 949-926-5734 hrael@broadcom.com Broadcom Investor Relations Contact T. Peter Andrew Vice President, Investor Relations 949-926-5663 andrewtp@broadcom.com Broadcom Technical Contact Kevin Mukai Senior Product Line Manager 408-543-3407 kevin.mukai@broadcom.com
Source: prnewswire
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