OCTOBER - 20229 YOUR WI-FI, CONNECTED BY BROADCOMThanks to early investment in Wi-Fi 6 product development, we launched the World's-first Wi-Fi 6 devices in late 2018. Being first-to-market means evangelizing new Wi-Fi technology to our customers, their customers, and, most importantly, to consumers. Armed with a simpler generational branding approach to Wi-Fi that we championed, Broadcom has been the chief cheerleader for Wi-Fi 6.And success has followed.In the span of two years, we shipped over 700 Million of our award-winning Wi-Fi 6 devices across the latest phones, tablets, PCs, home routers, enterprise access points, and carrier gateways.Wi-Fi 6E for the new frontierBroadcom leads with a broad vision and a single-minded focus on execution. With Wi-Fi 6E, we led regulatory, standards, and product momentum globally.In 2016, we realized that increased demand for wireless data could not be met with available Wi-Fi spectrum. Broadcom and other industry leaders partnered on a worldwide effort to open the 6 GHz band for unlicensed communication, which would add 1200 MHz of new spectrum. We met with the FCC and other regulatory bodies to explain the economic value of Wi-Fi in the 6 GHz band, along with product possibilities, and the rich consumer experiences that come with this band.The resulting worldwide regulatory momentum is nothing short of amazing. It all started in April 2020 when the FCC voted unanimously to open 1200 MHz of spectrum for unlicensed access. This was a historic event that tripled the available bandwidth for Wi-Fi. Forty-one countries now have rules in place for 6 GHz unlicensed access, and another 75 have rules under consideration. Together, these 116 countries account for 72 percent of the world's GDP.For decades now, Broadcom has focused on cutting-edge networking, infrastructure, broadband, and connectivity semiconductor solutions critical to moving data around the worldRegulatory momentum is also well-complemented by product momentum. Broadcom launched a full Wi-Fi 6E product ecosystem in 2020 for phones, routers, enterprise access points, and carrier gateways. In 2021, our partners introduced products for consumers and enterprises: Samsung launched the world's first Wi-Fi 6E smartphone, the Galaxy S21 Ultra, powered by Broadcom's BCM4389 chip, and ASUS and NETGEAR launched Wi-Fi 6E routers using Broadcom chips. Many of our other customers have announced launch plans, and a diverse ecosystem of chips and products from TVs to enterprise access points is coming to market.This has been a 5-year journey of regulatory work, standardization, and product planning to get here, and we are pleased to be enabling this broad ecosystem.Wi-Fi 7: what's next?Former Chairman AjitPai said of the BCM4389 chip, "One small chip heralds one giant leap." And 6 GHz is indeed the dawn of a new era for the wireless experience. With 1200 MHz of new spectrum, we get even wider bandwidths for Wi-Fi connectivity, along with higher speeds, and lower latencies. That's exactly what Wi-Fi 7 has in store for us. As we optimize technology for the 6 GHz band, we'll see once unthinkable performance, like smartphone speeds in excess of 5 Gbps.Wi-Fi 7 sits at the confluence of three major technology trends. First, the 6 GHz band enables multi-gigabit speed Wi-Fi in our homes and offices. Second, the growth of augmented and virtual reality applications requires increasingly higher speeds and lower latencies. While AR/VR is the new face of gaming, it is also disrupting socially impactful areas like telemedicine and education. Third, and most importantly, multi-gigabit broadband is coming to homes and offices. Wi-Fi 7 is the perfect complement to super-fast broadband and opens the door to new and enriching everyday consumer experiences.Broadcom takes its role as a technology leader seriously, and we see ourselves as broadband Wi-Fi flag bearers. Wi-Fi is a philosophy for us, and we build it, along with our other products, with the single-minded focus of Connecting Everything.
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