apple contracts broadcom for 15billion in wireless components

A new filing with SEC reveals that Apple has entered two separate contracts with wireless component maker Broadcom for $15 billion in wireless components.

According to the filing, Broadcom will provide specified RF components and modules to Apple to be used in hardware devices over the next three and a half years.

Apple currently uses Broadcom components on the iPhone 11 lineup for Wi-Fi and Bluetooth connectivity. As per analyst Patrick Moorhead or Moor insights, the filing suggests future iPhones could be supplied with Broadcom components for LTE connectivity – but Broadcom components…