Leading semiconductor solutions provider
) recently added a new product titled WICED Direct in its
Wireless Internet Connectivity for Embedded Devices (WICED)
The product offers a framework for integrating Bluetooth,
Wi-Fi, Near Field Communication (NFC) and location technology
into wearable devices. By integrating Wi-Fi into WICED platform,
the company enables Original Equipment Manufacturers (OEMs) to
rapidly develop wearable products that communicate seamlessly to
the cloud via smart mobile devices. At the same time, the product
simplifies the implementation of Internet connectivity into a
wide range of consumer devices.
The WICED platform opens a plethora of opportunities for new
products like health and wellness devices, clothing accessories,
cameras and other wearable sensors. The market for such connected
wearable components is likely to reach more than $1.5 billion by
2014. Nearly 15 million wearable smart devices are expected to be
sold this year and nearly 70 million by 2017. Consequently,
Broadcom is likely to generate significant revenue from the
introduction of such technologically advanced products.
Broadcom is a premier semiconductor manufacturer in the
fast-growing wired and wireless communications markets. The
company has cutting-edge solutions for a growing number of
connected users who are demanding more content and
bandwidth. The WICED portfolio provides the foundation for
embedding low power, high-performance wireless connectivity into
smart devices and Internet.
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 currently has a Zacks Rank #4 (Sell). Other stocks
that look promising and are worth a look in the industry include
Integrated Device Technology, Inc
TriQuint Semiconductor, Inc
Cypress Semiconductor Corporation
), each carrying a Zacks Rank #2 (Buy).
BROADCOM CORP-A (BRCM): Free Stock Analysis
CYPRESS SEMICON (CY): Free Stock Analysis
INTEGR DEVICE (IDTI): Free Stock Analysis
TRIQUINT SEMICO (TQNT): Free Stock Analysis
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