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This statistic highlights Broadcom’s Revenue by Segment from Q1 2016 onwards, split between Infrastructure Software and Semiconductor Solutions.
Broadcom Corporations is one of the world’s top 20 semiconductor companies that combines best-of-breed technology in semiconductors and infrastructure software solutions.
The following table highlights Broadcom’s Revenue by Segment for Q3 2021, Q2 2021, and Q3 2020.
|Revenue by Segment||Q3 2020||Q2 2021||Q3 2021||Revenue Contribution in Q3 2021|
(All figures in billions, except percentages)
There are two reportable segments of the company: the infrastructure software segment and the semiconductor solutions segment. Several factors like customer base, homogeneity of product, technology, delivery channels, and similar economic characteristics are the basis for the classification of segments.
The company’s total revenue increased from $5.82 billion in Q3 2020 to $6.78 billion in Q3 2021, marking a 16.5% growth on a year-on-year basis. It also grew 2.57% compared to $6.61 billion earned in Q2 2021.
Broadcom’s revenue is further bifurcated into the following segments:
The company provides a portfolio of software solutions that enables the users to plan, develop, automate, manage and secure applications of the mainframe, mobile, and cloud platforms. The mainframe portfolio and BizOps (Business Operations) software solutions enable the customers to leverage the benefits of agility, automation, insights, resilience, and security in managing business processes and investments in technology. The portfolio of cybersecurity solutions includes endpoint, network, information, and identity security solutions. The company also offers FC SAN (Fibre Channel Storage Area Networking) products and related software to simplify storage area networking management. Rally is a popular software by the company used for project management. This segment caters to many Fortune 500 companies.
There is a growth of 10% in this segment from $1.60 billion in Q3 2020 to $1.76 billion in Q3 2021 because of the high demand for mainframe solutions and FC SAN products. However, there has been a fall of 1.7% compared to $1.79 billion earned in Q2 2021.
The company provides solutions for the management of data movement in data centers, enterprise networks, and embedded networking applications. The company provides various options of radiofrequency semiconductor devices, wireless connectivity solutions, and custom touch controllers for mobile applications. Further, the company has also been known to provide solutions for the set-top box and broadband access markets. Moreover, the company provides solutions for enabling secure movement of digital data to and from host machines like servers, personal computers, and storage systems to the underlying storage devices such as hard disk drives and solid-state drives. There is also a broad variety of products for the general industrial and automotive markets. The semiconductor solutions segment also includes IP licensing.
There is a growth of 18.96% in this segment from $4.22 billion in Q3 2020 to $5.02 billion in Q3 2021. It also grew 4.15% compared to $4.82 billion earned in Q2 2021. The growth is attributable to higher demand for networking products and wireless connectivity solutions.
About the Company
Broadcom Inc. is a manufacturing company that designs and develops a wide range of semiconductors and infrastructure software solutions. Founded in 1991 by Henry Samueli and Henry Nicholas, the company is headquartered in California, United States. Its common stock is listed in the NASDAQ Global Select Market under the symbol “AVGO”. Broadcom currently employs more than 20,000 people worldwide.
Broadcom operates directly from its headquarters or indirectly through its subsidiaries in Singapore and Israel. It outsources the majority of its manufacturing operations to the Asian foundries market like CSM, SMIC, Silterra, TSMC, and UMC. It also has its research and development centers in Silicon Valley and Bangalore, India. Its competitors range from large, international companies offering a broad range of products to smaller companies specializing in narrow markets. Analog Devices Inc., Amlogic Inc., GlobalFoundries, and CiscoSystems Inc. are some of the company’s main competitors.
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