Broadcom Inc - Canadian Depository

NEOE:AVGO (USA)   Canadian Depository Receipt (CAD Hedged)
C$ 32.53 (+4.26%) Apr 26
47.98
P/B:
8.53
Market Cap:
C$ 850.79B ($ 621.90B)
Enterprise V:
C$ 938.26B ($ 685.84B)
Volume:
163.63K
Avg Vol (2M):
89.67K
Also Trade In:
Volume:
163.63K
Avg Vol (2M):
89.67K

Business Description

Broadcom Inc
NAICS : 334413 SIC : 3674
ISIN : CA11134P1009

Share Class Description:

NEOE:AVGO: Canadian Depository Receipt (CAD Hedged)
Description
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.