Applied Micro Circuits Corp
) recently claimed that its embedded Server-on-a-Chip (SoC)
products have gained traction in the Consumer Premise Equipment
(CPE) and Enterprise markets. The embedded server on chips are
used in a variety of designs, including enterprise and consumer
access points, Multimedia Over Coax Alliance (MoCA) gateways and
Long Term Evolution (LTE) gateway boxes.
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Applied Micro has gained a formidable position in the server
solutions and wireless market, fuelled by its advanced and
innovative technologies. The company has shipped over two million
embedded processors to Wistron NeWeb Corporation (WNC) - a
provider of premium Original Design Manufacturer (ODM) services
of advanced wireless communications products to service
Applied Micro's product portfolio and continued efforts to
provide maximum consumer satisfaction have augmented its market
position. The integrated offload engines and advanced PacketPro
architecture offer quality service and security and performance
to its customers. With advanced PacketPro solutions, the company
aims to deliver world-class carrier gateway systems.
Headquartered in Sunnyvale, Calif., Applied Micro is a leading
provider of high-bandwidth low power integrated circuits (ICs),
which are essential for the processing, transporting and storing
of information. The company provides semiconductor solutions for
the enterprise, telecom and consumer/small medium business.
In the last reported quarter, net sales for the company came in
at $54.1 million versus $41.3 million in the year-earlier
quarter. Applied Micro expects to continue its healthy revenue
momentum with new product developments and increased market
acceptance in the coming quarters.
Applied Metro currently has a Zacks Rank #2 (Buy). Other stocks
that look promising and are worth considering in the industry
OmniVision Technologies, Inc
), each carrying a Zacks Rank #1 ( Strong Buy).