Apple Secures Broadcom Chip Supply Through 2031 in Multiyear Deal
AAPL•Apple has extended its custom chip supply agreement with Broadcom through 2031, securing continued supply of RF and connectivity components for upcoming devices. The multiyear deal underpins long-term production planning and supports anticipated demand for new iPhone and iPad models.
1. Extension Terms
Apple has agreed to extend its supply agreement with Broadcom for custom chips, including RF and connectivity components, through the end of 2031. The multiyear deal secures production volumes aligned with Apple’s rollout of next-generation devices.
2. Strategic Impact
The extension provides Apple with long-term stability in component sourcing, mitigating risks from market shortages and production bottlenecks. Broadcom benefits from predictable revenue streams as it scales manufacturing capacity to meet Apple’s device demand.
