Broadcom Updates Guidance for Fourth Quarter 2008 Results
Monday, December 8th, 2008
IRVINE, Calif. — Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today updated its financial guidance for the fourth quarter of 2008 at its 2008 Analyst Day event.
Due to the current global economic environment, customers across each of Broadcom’s targeted end markets have requested adjustments in their deliveries for the fourth quarter, resulting in significant pushouts and cancellations since the Company originally provided guidance for the quarter in October 2008.
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