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<Business Description
Broadcom Corporation is a provider of highly integrated silicon solutions that enable broadband communications and networking of voice, video and data services. Broadcom designs, develops and supplies complete system-on-a-chip solutions and related hardware and software applications for every major broadband communications market. Broadcom's diverse product portfolio includes solutions for digital cable set-top boxes and cable modems; high-speed local, metropolitan and wide area and optical networks; home networking; Voice over Internet Protocol; carrier access; residential broadband gateways; direct broadcast satellite and terrestrial digital broadcast; digital subscriber lines; wireless communications; SystemI/OTM server solutions, and broadband network processors.

Financial Information
Broadcom Corporation is a provider of highly integrated silicon solutions that enable broadband digital transmission of voice, video and data. For the six months ended 6/30/02, revenues fell 5% to $497 million. Net loss fell 63% to $295.5 million. Revenues reflect a decrease in volume shipments of semiconductor products. Lower loss reflects the absence of $407.4 million in amortization of goodwill and $109.7 million in in-process research and development costs.