), recently launched its first 5G WiFi combination chips with
802.11ac technology that can be used in PCs, notebooks, tablets,
smartphones and other connectivity devices.
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The new wireless single chips feature a highly integrated design
at a lower cost enabling Original Equipment Manufacturers (OEMs)
to reduce their bill of materials (BOM) cost. The 1x1 5G Wifi
chips are most suitable for entry level devices.
There is an increasing demand of 802.11ac chips across all
product segments. These chips are already being shipped in
substantial quantity in the current fiscal and by 2014, 802.11ac
chips are expected to contribute to more than 50% of the total
Wi-Fi chip shipment.
Broadcom is focused on innovative technologies related to
connectivity, bandwidth and content, which enable it to capture a
sizeable market share. The new technology is an initiative in
The second generation 5G WiFi combo chips, which include the
BCM43162 and BCM4339, offer high performance, remarkable speed,
range and power benefits and low cost solutions to the user.
Broadcom enjoys a leadership position in this product category
and aims to further capitalize on this growing market potential
with the new 5GWiFi technology in mass market devices.
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. 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 #2 (Buy). Other stocks that
look promising and are worth a look are
iSoftStone Holdings Limited
) each carrying a Zacks Rank #2 (Buy).