Broadcom signals delay in iPhone chip ramp-up, pointing to later release date

By Neha Malara and Stephen Nellis
(Reuters) - Apple Inc <AAPL.O> supplier Broadcom Inc <AVGO.O> said on Thursday that a ramp-up of annual chip shipments would be later this year than most, likely signaling that the next iPhone will arrive after the usual late September launch date.
Broadcom, which earned about a fifth of its revenue from Apple in 2019, said a ramp-up of chip shipments for what analysts believe is the next iPhone will run into the final quarter of the calendar year, a quarter later than most years.
In June, Broadcom had warned that revenues for its just-ended quarter would be below expectations because of a delayed phone launch from "our large North American mobile phone customer" that analysts believe is Apple.
Most analysts have already pushed out their expected launch date ...


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