Apple’s (AAPL) plan to create in-house components for its devices will include switching to a homegrown chip for Bluetooth and Wi-Fi connections starting next year, a move that will replace some parts currently provided by Broadcom (AVGO), Mark Gurman of Bloomberg reports. The chip, code-named Proxima, has been in development for several years and is now slated to go into the first products in 2025, people familiar with the matter told Bloomberg. Like Apple’s other in-house chips, Proxima will be produced by partner TSMC (TSM), according to Bloomberg. The transition is separate from Apple’s shift from Qualcomm (QCOM) cellular modems, but the two parts will eventually work together, the news agency adds.
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