Broadcom Suggests New iPhone Launch Will Be Delayed

  • Chipmaker says orders from big customer to come later
  • Broadcom supplies wireless components used in iPhone
Photographer: Brent Lewin/Bloomberg
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Broadcom Inc., a major Apple Inc. supplier, suggested the latest iPhones will be launched later than usual this year.

Hock Tan, chief executive officer of Broadcom, discussed a “major product cycle delay” at a “large North American mobile phone” customer, during an earnings conference call with analysts on Thursday.