Broadcom Corporation Opens New Design and Manufacturing Support Facility In Singapore; New Facility Will Provide Additional Manufacturing Support and Customer Service.

SINGAPORE--(BUSINESS WIRE)--July 28, 1999--

Broadcom Corporation (Nasdaq: BRCM), a leading provider of integrated circuits enabling broadband communications to and throughout the home and business, today announced the opening of a new facility in Singapore. At ceremonies today, top Broadcom and government officials gathered to officially dedicate the facility at the R&D Centre in the Woodlands section of Singapore.

The new facility, which opened in May, is expected to eventually house up to 60 research and design engineers, including integrated circuit (IC) design, system and test development engineers, plus more than 50 manufacturing support, product planning, engineering, quality assurance, finance, purchasing, shipping and receiving personnel. As with Broadcom's U.S. operations, this facility will provide extended coverage, 24 hours a day and seven days a week, for Broadcom operations, especially to customers and suppliers in the region.

"Our expansion in Asia reflects our growing international customer base as well as the requirement to continue to exceed the demands of our round-the-clock, 365-days-a-year manufacturing needs," said Dr. Henry T. Nicholas III, President and CEO of Broadcom. "With localized support for manufacturing, test, design, finance and customer support, we expect to save time and money while gaining rapid time-to-market and customer-supplier advantages."

"This state of the art facility will continue to streamline our design and manufacturing efficiencies," said Vahid Manian, Broadcom's Vice President of Operations. "We chose this location for a number of reasons, including its strong technology and business environment, good economic and political relations with nearby countries, convenience for travel, and the strong support from the government of Singapore to grow the technical base and talent in this area."

"We are delighted that Broadcom has set up its Asian Headquarters, including an IC Design Centre in Singapore. Broadcom will strengthen our semiconductor cluster and enhance our position to become a communications equipment hub," said Philip Yeo, Chairman of the Singapore Economic Development Board. "Broadcom is an excellent example of a knowledge-driven company, undertaking high value-added activities and generating high quality jobs. In addition, it will create significant spin-offs to the local semiconductor industry."

About Broadcom

Broadcom Corporation is a leading provider of highly integrated silicon solutions that enable broadband digital transmission of voice, data and video content to and throughout the home and within the business enterprise. Using proprietary technologies and advanced design methodologies, the company designs, develops and supplies integrated circuits for a number of the most significant broadband communications markets, including the markets for cable set-top boxes, cable modems, high-speed office networks, home networking, direct broadcast satellite and terrestrial digital broadcast, and digital subscriber line (xDSL). Broadcom is headquartered in Irvine, California, and may be contacted at 949-450-8700 or at www.broadcom.com.

Safe Harbor Statement of Broadcom Corporation under the Private Securities Litigation Reform Act of 1995:

This release may contain forward-looking statements based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Words such as "anticipates," "expects," "intends," "plans," "believes," "may," "will" and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

Important factors that may cause such a difference for Broadcom in connection with its Singapore operations include, but are not limited to, the risks and uncertainties associated with international operations; intellectual property disputes; wafer pricing and the availability of foundry capacity and raw materials; fluctuations in our manufacturing yields and other problems or delays in the fabrication, assembly, testing or delivery of our products; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; our ability to retain and hire key executives, technical personnel and other employees in the numbers, with the capabilities, and at the compensation levels needed to implement our business and product plans; changes in our product or customer mix; the quality of our products; potential business disruptions, claims, expenses and other difficulties resulting from "Year 2000" problems in computer-based systems used by us, our suppliers or our customers; the volume of our product sales and pricing concessions on volume sales; the timing, rescheduling or cancellation of significant customer orders; the loss of a significant customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; our ability to specify, develop, complete, introduce, market and transition to volume production new products and technologies in a timely manner; the timing of customer qualification and industry interoperability certification of new products and the risks of non-qualification or non-certification; the rate at which our present and future customers and end-users adopt new and emerging technologies in the high-speed networking, cable set-top box, cable modem, home networking, direct broadcast satellite and terrestrial digital broadcast, and digital subscriber line markets; the rate of adoption and acceptance of new industry standards in the foregoing markets; the risks inherent in acquisitions of technologies and businesses, including the timing and successful completion of technology and product development through production readiness, integration issues, costs and unanticipated expenditures, changing relationships with customers, suppliers and strategic partners, potential contractual, intellectual property or employment issues, and the risks that the acquisition cannot be completed successfully or that anticipated benefits are not realized; general economic conditions and specific conditions in the markets we address; and other factors.

Our recent Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, and other Securities and Exchange Commission filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

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