IRVINE, Calif. -- Broadcom Corporation (Nasdaq: BRCM) today issued the following statement by Dr. Henry T. Nicholas III, its President and CEO, regarding Intel Corporation's patent lawsuit against Broadcom, filed on August 30:

As a general rule, we prefer not to issue statements on pending litigation. However, given the provocative nature of Intel's recent claims, we feel it necessary to address them in this manner.

It is regrettable that Intel - a great company, a worthy competitor, an early investor in Broadcom and indeed our business partner today in some areas - would once again resort to specious litigation in the courts rather than competition in the marketplace. We each need to give our top priority to serving our respective customers in these rapidly growing market areas.

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