IRVINE, Calif., Aug. 25 /PRNewswire-FirstCall/ -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, will be presenting at the following September 2009 conferences:
- The Jefferies 3rd Annual Technology Conference on September 15, 2009
- The Deutsche Bank 2009 Technology Conference on September 16, 2009
The company's presentations, which may include information regarding current and future products and technologies, end market trends, and the company's current financial prospects, will be available to the public via audio webcast.
Broadcom's presentation at the Jefferies 3rd Annual Technology Conference will occur at 9:30 a.m. Eastern Time (6:30 a.m. Pacific Time) on Tuesday, September 15, 2009, at the Mandarin Oriental Hotel in New York, New York.
Broadcom's presentation at the Deutsche Bank 2009 Technology Conference will occur at 9:45 a.m. Pacific Time (12:45 p.m. Eastern Time) on Wednesday, September 16, 2009 at the Palace Hotel in San Francisco, California.
To listen to these webcasts, or to view any financial or other statistical information required by SEC Regulation G, please visit the Investors section of Broadcom's website at www.broadcom.com/investors. A replay of each webcast will be made available within 24 hours of the presentation, and will be accessible for two weeks thereafter.
About Broadcom
Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom((R)) products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything((R)).
Broadcom is one of the world's largest fabless semiconductor companies, with 2008 revenue of $4.66 billion, and holds over 3,450 U.S. and over 1,350 foreign patents, more than 7,350 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.
A FORTUNE 500(R) company, Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at www.broadcom.com.
Cautions regarding Forward Looking Statements:
All statements included or incorporated by reference in this release and Broadcom's presentations at the conferences reference above, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.
These risks and uncertainties include, but are not limited to:
- general economic and political conditions and specific conditions in the markets we address, including the continuing volatility in the technology sector and semiconductor industry, current general economic volatility, trends in the broadband communications markets in various geographic regions, including seasonality in sales of consumer products into which our products are incorporated, and possible disruption in commercial activities related to terrorist activity or armed conflict;
- the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory;
- our ability to adjust our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers;
- the effectiveness of our expense and product cost control and reduction efforts;
- our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost-effective and timely manner;
- the risks inherent in acquisitions of technologies and businesses, including the timing and successful completion of technology and product development through volume production, integration issues, potential contractual, intellectual property or employment issues, the risk that anticipated benefits of an acquisition may not be realized, and accounting treatment and charges;
- risks and uncertainties resulting from Broadcom's equity award review, including pending and potential new claims and proceedings related to such matters, such as shareholder litigation and any action by the SEC, U.S. Attorney's Office or other governmental agency that has resulted in, and could result in further, civil or criminal sanctions against the company and/or certain of our current or former officers, directors or employees, or other actions taken or required as a result of the review, and the extent to which we are able to receive reimbursement of our expenses related to such litigation and actions through our directors' and officers' liability insurance carriers. In the event that the company's coverage under these policies is reduced or denied, our financial exposure would be increased;
- intellectual property disputes and customer indemnification claims and other types of litigation risk;
- our dependence on a few significant customers for a substantial portion of our revenue;
- changes in current or future laws or the imposition of new laws or regulations, including new or changed tax regulations, or changes in the interpretation or enforcement of those laws or regulations;
- the quality of our products and any potential remediation costs;
- our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans;
- the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials;
- the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in our target markets;
- competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products;
- changes in our product or customer mix;
- the risks and uncertainties associated with our international operations, particularly in light of terrorist activity, armed conflict or political unrest;
- our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets;
- the volume of our product sales and pricing concessions on volume sales;
- problems, costs or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration;
- the risks of producing products with new suppliers and at new fabrication and assembly and test facilities;
- delays in the adoption and acceptance of industry standards in our target markets;
- the timing of customer-industry qualification and certification of our products and the risks of non-qualification or non-certification;
- fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; and
- the level of orders received that can be shipped in a fiscal quarter.
Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement, except as required by law.
Broadcom, the pulse logo, Connecting everything, and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.
Broadcom Trade Press Contact
Bill Blanning
Vice President, Global Media Relations
949-926-5555
blanning@broadcom.com
Broadcom Investor Relations Contact
T. Peter Andrew
Vice President, Corporate Communications
949-926-5663
andrewtp@broadcom.com
