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    Broadcom To Buy LTE Assets From Renesas Electronics

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    Wochit

    by Wochit

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    Mobile chipmaker Broadcom said it is buying Japanese chipmaker Renesas Electronics' LTE-related assets for $164 million to speed up its launch of next-generation communications technology. Broadcom's chips integrating Wi-Fi and Bluetooth technology are used in Apple's iPhone and other top-tier smartphones and tablets.