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Broadcom - statistics & facts

Broadcom is an American fabless semiconductor company, a global leader in the industry specializing in semiconductor and infrastructure software solutions. Broadcom’s revenue amounted to 27.5 billion U.S. dollars in 2021, offering a variety of products and applications for the broadband, data center, enterprise software, networking, wireless, and storage markets. Broadcom saw its net income reach 6.4 billion U.S. dollars in 2021, while operating profits surged to 8.5 billion U.S. dollars. To support its growth, Broadcom invested 4.9 billion U.S. dollars in research and development as it looks to develop innovations across its various business segments. Broadcom operates its enterprise security business under the Symantec brand, purchasing this part of the business from NortonLifeLock for close to 11 billion U.S. dollars in 2019.

Broadcom’s acquisition of VMware

In May 2022, Broadcom announced its intention to acquire VMware, one of the world’s leading enterprise software companies. The VMware business specializes in cloud computing and virtualization technologies and was previously owned by Dell before being spun off in late 2021 where it stood as a standalone company until the Broadcom acquisition. The transaction, valued at approximately 61 billion U.S. dollars, was expected to be completed in Broadcom’s 2023 fiscal year. As part of the deal, the Broadcom Software Group rebrands and operates as VMware, incorporating Broadcom's existing infrastructure and security software solutions as part of an expanded VMware portfolio.

Broadcom’s competitors

Broadcom ranked sixth among semiconductor companies in 2021, behind market leaders such as Intel and Samsung. When compared to other fabless semiconductor companies – firms that do not own any production facilities and instead focus on chip design – the company ranked third, with Qualcomm and Nvidia generating more revenue in 2021. As Broadcom operates across a range of markets, the company faces stiff competition from several other firms such as Micron and Samsung for memory and storage solutions, as well as the likes of Cisco and Palo Alto Networks for networking and security products.

Interesting statistics

In the following 5 chapters, you will quickly find the 25 most important statistics relating to "Broadcom".

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