Leading semiconductor solutions provider
) BCM7301 system on chip (SOC) product was recently selected by
Tata Sky, an Indian direct-to-home satellite television provider,
to provide its first MPEG-4 standard definition (SD) set-top
boxes (STBs) across the country.
BROADCOM CORP-A (BRCM): Free Stock Analysis
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Tata Sky is a joint venture between Tata Group, one of India's
largest business conglomerates, and Star Ventures. With
Broadcom's SOC, the satellite television provider is aiming to
offer high-quality programming through its set top boxes as it
facilitates cost-efficient migration from MPEG-2 to MPEG-4
BCM7301 is suitable for advanced security and connectivity
solutions. With such technologically advanced products, Broadcom
is well placed in the fast-growing wired and wireless
communications markets. In addition, the company has cutting-edge
solutions for a growing number of connected users who are
demanding more content and bandwidth. Broadcom's satellite
set-top box devices are much more efficient and consume less
power and energy. The highly integrated solutions for the
connected home, including set-top-boxes, enhance the overall
experience of the subscribers.
Broadcom's business is expected to expand on the back of growing
volume of television content and interactive services available
for home entertainment and information.
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 #3 (Hold). Other stocks that
look promising and are worth a look in the industry include
Marvell Technology Group Ltd
TriQuint Semiconductor, Inc.
), each carrying a Zacks Rank #2 (Buy).