They're also much smaller than current standards. The company's 4G chip will be introduced at the influential Mobile World Congress later this month in Barcelona, Spain, with an expected release in 2014. The recent announcement of the new chip gives Broadcom a boost as it enters a new segment in the 4G smart-phone market that's been dominated by San Diego-based rival Qualcomm Inc. Qualcomm shipped 86% of the 47 million LTE chips sold last year. Samsung Electronics Co. in South Korea entered the fray last year and is nearing 10% market share, according to industry experts. Nvidia Corp., Intel Corp. and Renesas Electronics Corp. also have started to ship LTE chips. Broadcom's new chip could mean new business with the next-generation iPhone made by Apple, according to Doug Freedman, an analyst in the San Francisco office of Toronto-based RBC Capital Markets LLC.