Leading semiconductor solutions provider
) recently announced that its Broadcom 5G WiFi technology has
been chosen by HTC for its new HTC One smartphone.
BROADCOM CORP-A (BRCM): Free Stock Analysis
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The adoption of BCM4335 will facilitate higher speed,
reliability, faster wireless connectivity with significantly less
battery consumption for its newest smartphone range. HTC
continuously aims to deliver the best mobile experience to its
customers as high-performance and integrated solutions such as
Wi-Fi and Bluetooth power the mobile ecosystem.
The video consumption on mobile devices is on 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 a wireless connection.
It will provide higher-capacity video streaming, connect multiple
devices to the network at the same time and also reduce power
consumption by 83% in mobile 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 bandwidth.
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.
However, the company needs to be wary of its competitors, which
include formidable names such as
Juniper Networks, Inc
DSP Group Inc
Broadcom currently has a Zacks Rank #3 (Hold). One of its
) carries a Zacks Rank #1 (Strong Buy).