Broadcom Debuts New Wireless Automotive Chips and 2 More Heavily Traded Stocks to Follow
Broadcom Corp. (NASDAQ:BRCM): Current price $25.84
On Friday, Broadcom announced its new line of wireless chips, meant for use in automotive infotainment applications. Sporting the most recent in 5G WiFi and Bluetooth Smart Ready tech, the wireless automotive chips will permit drivers and passengers to easily sync and stream content from mobile devices to the car’s infotainment system and rear-seat displays. Besides that, the new chips also allow for high-speed connectivity beyond the vehicle, serving Internet and cloud content by means of LTE telematics or directly from a Hot Spot connection.