Scott McGregor

Broadcom announced its intention to enter the LTE modem market with a chip the company boasted as one of the world's smallest, fastest and most capable. The chip, set to ship next year, puts Broadcom on a collision course with LTE modem market leaders Qualcomm and Samsung. The move will also create more competition for Intel, which has announced its intention to enter into the LTE modem market.

BARCELONA, Spain--Broadcom CEO Scott McGregor said the company plans to make money off its patent portfolio in the future, comments that indicate Broadcom is following the rest of the wireless