: Apple strikes deal with Broadcom, sending stock higher
Apple Inc. AAPL said Tuesday that it’s reached a “multiyear, multibillion-dollar agreement” with Broadcom Inc. AVGO through which Broadcom will develop 5G radio frequency components. Broadcom shares were up more than 3% in premarket trading Tuesday. The components include FBAR filters, which will be designed and made in a number of U.S. cities, including Fort Collins, Colo. Apple Chief Executive Tim Cook said in a release that the arrangement is a continuation of the smartphone giant’s pledge... Читать дальше...