Current Development and Future Outlook of Global Fixed Broadband Chipmakers

In 2023, the unfavorable macroeconomic environment and delayed network upgrades by broadband service providers led to persistent inventory issues, resulting in declining annual revenues for major fixed broadband chipmakers. However, in 2024, with significant improvements in inventory and the release of order signals from some key telecom operators, several chipmakers saw improved revenues in the first quarter. The overall fixed broadband equipment market is anticipated to stabilize and resume growth. This report provides an overview of the financial performance of several chipmakers, namely Airoha, Broadcom, Maxlinear, and Realtek. It explores key industry trends observed as of the second quarter of 2024 and offers insights into the future outlook of the global fixed broadband market.