re: Broadcom results23 Oct 2014 11:43
Thanks xgxg on iii "Also this Set-top box group Pace surged 28.3p to 335.9p, a 9.2pc rise that puzzled some in the market. However, Liberum analyst Eion Lambe noted that Broadcom, the biggest supplier of chips to set-top box makers, had reported better than expected numbers that were boosted by a strong performance from the division that supplies the likes of Pace. The Broadcom update allayed investor worries about recent trading at Pace, said Mr Lambe." Good results but infrastructure still down. Be interesting to see if this picks up given H1 2014 v 2013 decrease.