(Source: Engadget)
"Broadcom is suing Netflix for patent infringement related to data transfer and video playback. Part of Broadcom's revenue comes from chipset sales for cable set-top box, that is estimated to decline due to the emergence of online streaming services like Netflix. This lawsuit may not produce the desired results for Broadcom as similar cases against TV companies in the US were ruled against Broadcom." – Shobhit Srivastava
- Chipset sales of Broadcom are challenged by the increasing popularity of online streaming services.
- The lawsuit may be viewed by investors as a measure to cut some losses.
- Broadcom still needs to chalk down a long-term plan to tackle the evolving ecosystem.