To: P314159d who wrote (16111 ) 5/12/1999 3:11:00 PM From: Marc T. Archer Read Replies (2) | Respond to of 21342
Broadcom's new chip 10 times faster than existing technol B: Broadcom's new chip 10 times faster than existing technology Broadcom Corp. on Tuesday demonstrated a new chip that can deliver information over copper wires 10 times faster than existing technology. Irvine, Calif.-based Broadcom expects the primary customers for the chip will be businesses that want to upgrade their computer networks without first having to install expensive fiber-optic cables. The new chip transmits data, voice and video signals on a copper line at 1 gigabit per second, a speed currently attained only on fiber-optic networks. Such high-speed business networks are currently used in companies' back offices for heavy lifting such as bank record-keeping, credit-card transactions and airline reservations. But Broadcom President Henry T. Nicholas III said the new chips will be priced cheaply enough to go into desktop PCs. That would make possible ''a whole new class of media'' for business customers, including video conferences, he said. Currently a 1-gigabyte connection over fiber-optic cable costs about $1, 200 per port or connection, making it impractical for desktop use. Greg Collins, an analyst with Dell' Oro Group, said he expects devices incorporating the Broadcom chip will sell for about a third as much. Nicholas said Cisco Systems, 3Com, Nortel, Hewlett-Packard and Dell all are developing products based on the new chip. Rumors of the technology sent Broadcom stock soaring Tuesday to a record $92.69. After the market closed, the company announced the new chip at a trade show in Las Vegas. (c) 1999, The Orange County Register (Santa Ana, Calif.). Visit the Register on the World Wide Web at ocregister.com Distributed by Knight Ridder/Tribune Information Services.