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|Broadcom Corporation was incorporated in California in August 1991. The Company is an innovator and provider of semiconductors for wired and wireless communications. Its system-on-a-chip (SoC) and software solutions enable the delivery of voice, video, data and rich multimedia content to mobile devices, consumer electronics (CE) devices in the home and business networking products for the workplace, data centers, service providers and carriers. It provides the industry’s broadest portfolio of cutting-edge SoC solutions to manufacturers of computing and networking equipment, CE and broadband access products, and mobile devices. The Company operates in approximately 40 offices in 15 countries. The Company operates in three reportable segments: Broadband Communications, Mobile & Wireless and Enterprise Networking. Broadband Communications manufactures broadband communications and consumer electronics SoC solutions that enable voice, video, data and multimedia services over wired and wireless networks for the home. Broadcom’s mobile and wireless reportable segment offers products supporting solutions for the “hand”, edge portable devices that enable end-to-end wireless connectivity at home, at work and on-the-go. This portfolio of mobile and wireless products enables a portable device, including cellular handsets, personal navigation devices, mobile TV products, portable media players, gaming platforms and other wireless-enabled consumer electronics and peripherals, such as home gateways, printers, VoIP phones, home entertainment systems and notebook computers. Multimedia has become increasingly prevalent in handheld devices such as cellular phones, Internet appliances and portable media players. Through its Enterprise Networking reportable segment, it designs and develops complete silicon and software solutions for infrastructure that is scalable, secure, and easy to manage for service provider, data center, enterprise and small-to-medium business, or SMB, networks. Local area networks, or LANs, consist of various types of equipment, such as servers, workstations and desktop and notebook computers, interconnected by copper or fiber cables utilizing a common networking protocol, generally the Ethernet protocol. The Company distributes products to its customers through distribution center in Singapore and an operations and distribution center located in Irvine, California. Its Singapore facility distributes products to international destinations, while Irvine facility ships products to U.S. destinations. It markets and sells its products in the United States through a direct sales force, distributors and manufacturers’ representatives. The Company competes with a number of domestic and international suppliers of integrated circuits and related applications including Entropic Communications, Inc., Intel Corporation, among others in Broadband Communications & Mediatek Inc., CSR plc in Mobile & Wireless, among others and Cavium, Inc., Freescale Semiconductor,Ltd., PMC-Sierra, Inc. in Infrastructure & Networking. It also competes with suppliers of system-level and motherboard-level solutions incorporating integrated circuits that are proprietary or sourced from manufacturers other than Broadcom. The Company’s production is subject to environmental rules and regulations.|
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