Apple set to revolutionize device performance with a new in-house chip design

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Apple is reportedly planning to replace a key Broadcom chip in its devices with an in-house design by 2025. The iPhone maker has been working on limiting its reliance on other chipmakers and has already made the switch to its line of chips for recent models of its Mac computers, replacing those from Intel.

The chip in question is a Wi-Fi and Bluetooth chip, and Apple is said to be Broadcom’s largest customer, accounting for around 20% of the company’s revenue. The move is expected to hit Broadcom’s revenue by $1 billion to $1.5 billion, according to Stacy Rasgon, an analyst with AB Bernstein. Apple is also said to be looking at replacing Qualcomm’s cellular modem chips with its own by the end of 2024 or early 2025.