Leading semiconductor solutions provider
SK Telecom Co. Ltd
) recently collaborated to launch the first 5G WiFi hotspot
router to ensure reliable and faster connectivity.
BROADCOM CORP-A (BRCM): Free Stock Analysis
CYPRESS SEMICON (CY): Free Stock Analysis
NITTO DENKO CP (NDEKY): Get Free Report
SK TELECOM CO (SKM): Free Stock Analysis
To read this article on Zacks.com click here.
Broadcom's BCM4708 and BCM4360 communication device processors
will ensure higher speed and faster wireless connectivity with
significantly less power consumption by offloading data traffic
via a fast 5G WiFi connection, thus facilitating an enhanced
SK Telecom has been a leader in deploying 5G WiFi hotspot routers
in Korea. The transaction is a win-win situation for both the
companies. The technological solutions available from Broadcom
and the leadership position of SK Telecom in 5G WiFi hotspot
routers are expected to be beneficial for both the companies.
The video consumption on mobile devices is continuously on the
rise and users often encounter the problem of choppy videos.
Broadcom's 5G WiFi technology is supposedly the answer to this
issue as it will significantly enhance the range of wireless
connection. It will provide higher-capacity video streaming,
connect multiple devices to the network simultaneously and also
reduce power consumption. The 5G WiFi technology is also three
times faster and more efficient in comparison to the other WiFi
connections available in the market
Based in Irvine, Calif Broadcom is engaged in designing and
marketing semiconductor components of network voice, video, and
data traffic for various applications. The company continues to
drive innovation and engineering excellence across a broad range
of communication end markets to help its customers enhance device
performance and overall efficiency. 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 bandwidth.
However, the company needs to be wary of its competitors, which
include formidable names such as
Nitto Denko Corporation
). Broadcom currently has a Zacks Rank #3 (Hold). One of its
Cypress Semiconductor Corporation
) carries a Zacks Rank #2 (Buy).