Broadcom Moving Co-HQ to Delaware from Singapore, CEO Says in White House Announcement
Broadcom CEO Hock Tan announced Thursday he's moving co-headquarters to Delaware from Singapore. Broadcom already operates co-headquarters in San Jose but also operated in Singapore after its 2016 purchase of Avago Technologies. President Donald Trump joined Tan in making the…
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White House announcement, which Tan said came because “business conditions have steadily improved.” Broadcom “will invest more than $3 billion in R&D and $6 billion in manufacturing, creating many high-paying jobs,” Tan said. “More than $20 billion in annual revenue will come back to our cities, towns, and the American workers,” Trump said.