Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Broadcom Limited    AVGO   SG9999014823

BROADCOM LIMITED (AVGO)
Mes dernières consult.
Most popular
Report
Delayed Quote. Delayed  - 01/16 10:00:01 pm
263.25 USD   -0.39%
01:08a Qualcomm raises profit forecast, may buy back stock if bid for NX..
01/12 Qualcomm Subsidiary Extends Tender Offer Again
01/12 Qualcomm Deal Advances -- WSJ
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Infineon not vulnerable to takeover - CEO in Boersen-Zeitung

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/30/2017 | 02:22pm CET
Ploss, CEO of Infineon arrives for the annual news conference in Neubiberg

German chipmaker Infineon (>> Infineon Technologies) does not see itself as vulnerable to a takeover despite mega-mergers in the sector led by Broadcom's $103 billion (76.27 billion pounds) offer for Qualcomm (>> Qualcomm), its chief executive told Germany's Boersen-Zeitung.

German chipmaker Infineon (>> Infineon Technologies) does not see itself as vulnerable to a takeover despite mega-mergers in the sector led by Broadcom's <AVGO.GO> $103 billion (76.27 billion pounds) offer for Qualcomm (>> Qualcomm), its chief executive told Germany's Boersen-Zeitung.

"Infineon is not a primary takeover target," Reinhard Ploss told the markets daily in an interview published on Saturday. "We communicate externally very clearly that we can and want to stand on our own two feet."

"My impression is that this is very well understood in the market, also by Chinese investors, who do not normally have a hostile takeover strategy with high-tech companies," he said.

Ploss said shareholders should be happy with Infineon's price-earnings ratio of around 27, giving it a market value of 26 billion euros ($31 billion) that a potential new owner would find hard to increase significantly.

He added that Infineon's strong position in security technology in Germany and engagement in the United States could present regulatory difficulties for a suitor.

Ploss said Infineon had learnt from its failed attempt to buy U.S. chipmaker Wolfspeed, which foundered on U.S. security concerns, and would be expanding its political network in the United States.

(Reporting by Georgina Prodhan; Editing by Stephen Powell)

Stocks treated in this article : Qualcomm, Infineon Technologies, Broadcom Limited
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BROADCOM LIMITED
01:08a Qualcomm raises profit forecast, may buy back stock if bid for NXP fails
01/12 Qualcomm Subsidiary Extends Tender Offer Again
01/12 Qualcomm Deal Advances -- WSJ
01/11 Qualcomm Set to Win European Approval for $39 Billion NXP Buy -- 2nd Update
01/11 Qualcomm Set to Win European Approval for $39 Billion NXP Buy -- Update
01/10 BROADCOM : Smartphone Makers in China Resist Proposed Merger -- WSJ
01/10 BROADCOM : Chinese Smartphone Makers Raise Concerns About a Mega Chip Deal
01/09 Broadcom Announces Exchange Offer for Senior Notes
01/09 BROADCOM : Chinese Smartphone Makers Raise Concerns About a Mega Chip Deal
01/04 BROADCOM LIMITED : Free Post Earnings Research Report: Broadcom’s Q4 Robust Resu..
More news
News from SeekingAlpha
01/16 It's Time For The Next Generation Dividend Growth Model Portfolio
01/15 BROADCOM : Great Buy-The-Dip Opportunity
01/10 Qualcomm unveils severance plan to protect employees from Broadcom
01/10 Nasdaq 'Safer' Dividend Gainers Led By Western, Vodafone, And Broadcom As Per..
01/10 Top Nasdaq Gainers Are Western Digital, Vodafone And Broadcom Per January Bro..
Financials ($)
Sales 2018 20 920 M
EBIT 2018 9 856 M
Net income 2018 3 364 M
Debt 2018 2 542 M
Yield 2018 2,44%
P/E ratio 2018 30,33
P/E ratio 2019 23,27
EV / Sales 2018 5,26x
EV / Sales 2019 4,98x
Capitalization 107 B
Chart BROADCOM LIMITED
Duration : Period :
Broadcom Limited Technical Analysis Chart | AVGO | SG9999014823 | 4-Traders
Technical analysis trends BROADCOM LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 311 $
Spread / Average Target 18%
EPS Revisions
Managers
NameTitle
Hock E. Tan President, Chief Executive Officer & Director
James V. Diller Chairman
Boon Chye Ooi Senior Vice President-Global Operations
Thomas H. Krause Chief Financial Officer & VP-Corporate Development
Henry Samueli Director & Chief Technical Officer
Sector and Competitors
1st jan.Capitalization (M$)
BROADCOM LIMITED2.88%107 401
TAIWAN SEMICONDUCTOR MFG. CO. LTD.--.--%210 808
INTEL CORPORATION-6.33%202 363
NVIDIA CORPORATION15.24%135 126
TEXAS INSTRUMENTS7.93%111 092
SK HYNIX INC--.--%49 856