Broadcom Completes New Headquarters Relocation to U.S. Plan | Will invest 900 million R&D and operating funds

Although the prior acquisition of the Qualcomm plan in a malicious manner was blocked by the Trump administration, Broadcom still completed its plan to relocate its headquarters from Singapore to the United States. The official name of the company changed from Broadcom Ltd to a larger capital. Broadcom Inc.

Broadcom’s new headquarters in the future will be based at the joint headquarters office in San Jose, California, and at the same time, aiming at the original investor’s rights, Broadcom said that it will provide a 1:1 ratio exchange method so that existing investors can seamlessly transfer, instead of It will be affected by the company name and the relocation of its headquarters. As Broadcom once listed the former Avago Technologies in the United States, the relocation of the headquarters to the United States will still maintain the original listing name 'AVGO'.

According to Chief Executive Officer Chen Fuyang of Broadcom, after relocating the new headquarters to the United States, he will allocate 3 billion U.S. dollars to invest in technology research and development. At the same time, he will also invest 6 billion U.S. dollars in capital cost as local production demand, which is expected to bring more job opportunities. With technological growth advantages.

Prior to this, Broadcom also stated that once relocated to the United States, it will lead the United States to take the lead in future 5G network technology competition, and plans to invest 1.5 billion US dollars to train technical personnel in the United States.

However, due to the relatively high tax rate in the United States, Broadcom’s relocating its headquarters to the United States is expected to increase its annual expenditure by approximately US$500 million. Whether or not the relevant costs will be transferred to its semiconductor technology products in the future or be filled by other means. Vacancies are currently unclear.

As in the previous market view, Broadcom relocates the company to the United States and will be able to smoothly avoid the relevant review of the US Overseas Investment Committee. Therefore, Broadcom hopes to use the acquisition of domestic companies to expand its own development forces in the future. This will help Botong in the future. Whether it plans to re-plan the acquisition of Qualcomm under other names is currently impossible to further confirm. However, with the previous Trump government's order prohibiting Broadcom from submitting Qualcomm acquisitions in any form, it is expected that it will be temporarily in the near future. Low-key.

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