As U.S. WiMAX market fades, Broadcom refocuses Beceem subsidiary on LTE

Broadcom, which bought WiMAX/LTE chipmaker Beceem last year for $316 million in a bid to get a leg up in the 4G market, is acknowledging that WiMAX's position in the U.S. market is fading fast. As such, Broadcom is now refocusing Beceem's efforts on LTE. Article