redherring.com
Dont know if this has been posted already
The siliconization of broadband
Broadcom is a well-run, ferociously aggressive market pioneer.
Broadcom
(Nasdaq: BRCM)
Broadcom sits at the sweetest spot in the communications space: it manufactures semiconductors -- what the company calls "silicon solutions" -- for every segment of the broadband environment, including digital set-top boxes, cable modems, local area networking, digital subscriber lines, and direct satellite broadcasting. It's an emerging niche that Broadcom CEO Henry Nicholas calls "the mother of all market opportunities." Broadcom is a well-run, ferociously aggressive market pioneer in a business where it alone has figured out how to drive down chip costs and still remain wildly profitable. In fact, the California-based firm is so hard-driving that it's not unheard of for management to have strategy meetings at three o'clock in the morning. "These guys are maniacal, they're crazy, and they have an expandable addressable market like no other company I've ever seen," says Paul Weinstein, semiconductor analyst with Credit Suisse First Boston.....(cont) |
