The company is working with Credit Suisse to sell its radio frequency segment in a process that is at an early stage, the Journal reported https://on.wsj.com/2Z0bOq0. The segment could be worth $10 billion, some of the people told the WSJ. Broadcom did not immediately reply to a Reuters request for comment. The chipmaker gave a lukewarm forecast for 2020 amid slowing growth in the semiconductor business in its last reported quarter. (Reporting by Neha Malara in Bengaluru; Editing by Maju Samuel)

Source: Wall Street Journal June 21, 2024 03:56 UTC