Broadcom Launches New Application Processor - Analyst Blog


Leading semiconductor solutions provider Broadcom Corporation ( BRCM ) has recently introduced BCM2835 - a single chip low power application processor that enables the world's first cloud-connected Robotic Sprinkler System -The Droplet Robotic Sprinkler System. The new low power application processor is an innovative technology behind the Droplet sprinkler system to reduce energy costs and conserve water.

The Droplet robotic sprinkler system features water timer, smart controller and a targeted sprinkler head. Using the latest technology in robotics, cloud computing and connected services, Droplet Sprinkler System leverages advanced embedded processing to cut household water consumption by 50%, while reducing sprinkler system consumption up to 90%. Droplet can be easily configured on any smart phone, tablet or lap top, giving users a control of their system. Therefore, each sprinkler system is likely to save thousands of gallons of fresh water annually.

This new product is expected to benefit the consumers by conserving water and reducing power usage. Further, low costs and easy to use features will enable the product to capture a sizeable market share. With the rising demand for automated home control and the development of the Internet of Things driving significant growth in a variety of end markets, analysts expect the home automation market to reach $16.4 billion by 2019.

Broadcom continues to drive innovation and engineering excellence across a broad range of communication end markets to help its customers enhance device performance while improving overall power efficiency. This innovative technology related to connectivity, bandwidth and content enables the company to capture a sizeable market share.

Based in Irvine, Calif., 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 Brocade Communications Systems, Inc. ( BRCD ), TIBCO Software Inc . ( TIBX ), Freescale Semiconductor, Ltd. ( FSL )  each carrying a Zacks Rank #2 (Buy).

BROCADE COMM SY (BRCD): Free Stock Analysis Report

BROADCOM CORP-A (BRCM): Free Stock Analysis Report

FREESCALE SEMI (FSL): Free Stock Analysis Report

TIBCO SOFTWARE (TIBX): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Business , Stocks

Referenced Stocks: BRCD , BRCM , FSL , TIBX

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