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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.