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Broadcom Corp. (NASDAQ:BRCM): Current Price: $34.85

Broadcom Corporation announced a highly integrated gigabit passive optical network (GPON) Home Gateway Unit (HGU) that will be used to fuel a quicktransition to fibre-to-the-home (FTTH) and higher bandwidth services in China. ”The Chinese market continues to grow and is poised to be a leading GPON region worldwide,” stated Li Changchun, Fiberhome R&D General Manager, Service & CPE Business Unit.

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