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Broadcom withdraws 2020 full year performance guidance

SemiMediaEdit
March 16, 2020

According to Reuters, affected by the COVID-19 epidemic, Broadcom announced the withdrawal of its full-year performance guidance for 2020.

In 2019, nearly 20% of Broadcom's revenue comes from Apple, and Apple is also the first technology company to confirm that COVID-19 is infringing on its production and demand in China.

In addition, Broadcom CEO Hock Tan also pointed out that the outbreak did not affect Broadcom's supply chain in any way, but demand did slow down.

But at the same time, he also said: "There is no doubt that COVID-19 brings a high degree of uncertainty, and we can't help thinking that it will have an impact on our semiconductor business, especially in the second half of this year."

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