It makes products designed for the electronics and communications industries.

FORBES: Post-Its Still Yield In Digital Age

Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced LG Electronics has chosen Broadcom's 5G WiFi technology, based on the IEEE 802.11ac standard, for use in select 2013 LG digital TV models.

ENGADGET: Broadcom's 5G WiFi chips power LG's latest HDTVs HD

Earnings from sales of electronics used by the communications and the automotive sectors strengthened despite tough price competition and adverse market conditions for memory products.

BBC: Infineon losses narrow