Leading semiconductor solutions provider
Broadcom Corporation (
) recently introduced the 2X2 MIMO 5G WiFi combo chip technology in
the Smart 4K Mi TV2 from Xiaomi - a leading Chinese innovator.
Based on the IEEE 802.11ac standard, Broadcom 5G WiFi combo
solutions are an ideal fit for connected home devices. The highly
integrated solutions with innovative features from Broadcom are
expected to enhance the home entertainment experience of the
Chinese consumers while reducing overall costs. As per a
recent report, the demand for Smart Tvs is expected to increase
manifold and approximately 85% of all LCD TVs will be Smart TVs by
2018. By combining the design expertise with leading technological
solutions, Xiaomi has elevated the standards of the Smart TV
performance and aims to deliver brilliant picture quality, superior
gaming features and HD movies and on-demand over-the-top (OTT)
Broadcom's 5G WiFi (802.11ac) solutions are being globally adopted
across various product segments and deliver reliable and faster
Internet speed and are considered effective for power line
communications, providing eight times the capacity and broader
coverage for devices. Banking on improved networking solutions, the
new technology supports high-resolution Internet video, online
gaming and effortless connectivity with mobile devices. The higher
capacity and improved power management enhances the performance for
all WiFi certified devices like mobile phones, tablets, PCs and
Broadcom is well placed in the fast-growing wired and wireless
communications markets, with cutting-edge solutions for a growing
number of connected users who are demanding more content and
Based in Irvine, CA, Broadcom is engaged in designing and marketing
semiconductor components of network voice, video, and data traffic
for various applications.
Broadcom currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth a look in the industry include
Cypress Semiconductor Corporation
) that carries a Zacks Rank #1 (Strong Buy), and
Marvell Technology Group Ltd
TriQuint Semiconductor, Inc
), both carrying a Zacks Rank #2 (Buy).
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