) recently declared the inclusion of its latest wireless
connectivity platform in Nintendo's Wii U gaming portal. The new
gaming process is created particularly for integrating Wi-Fi,
Bluetooth and Near Field Communications (NFC) process.
The company in association with Nintendo has designed advanced
5 GHz Wi-Fi techniques which will be primarily used for
controlling low-latency video and supporting audio transmission
among the Wii U console and its controller. Broadcom's NFC system
will provide an advanced, integrated and secured gaming platform
for GamePad. Moreover, with the help of the Bluetooth 4.0
services, the latest gaming system can be used with various
legacy games and legacy peripherals. The integration of Wi-Fi,
Bluetooth and NFC in the new Wii U gaming process will usher in a
new age for video game.
Broadcom's customized solutions would surely mitigate the
increasing demand in the industry and also help Nintendo improve
its entire wireless gaming services, thus enhancing its
Management expressed its optimism on the association by
stating that Nintendo's continuous efforts in providing the best
in class gaming services has helped it secure a substantial
market share in the industry. The company is looking forward to
extending its coverage in consumer electronics industry and
further strengthening Nintendo's position through providing the
latest wireless techniques.
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. The market for wireless connectivity devices is
expected to grow, driven by increasing demand of smartphones,
tablets, netbooks and digital TVs.
The company currently faces ominous competition from a number
of major players of the industry like
Skyworks Solutions Inc.
). QUALCOMM's operating unit, Qualcomm Technologies, Inc. (QTI)
recently completed the acquisition of EPOS Development, Ltd.
(EPOS). In order to retain its position in the global market, it
is imperative that Broadcom continues to make various momentous
undertakings and develop new products, keeping in mind the
betterment of the organization in both the long and short
For Broadcom the current Zacks Consensus Estimate for the
fourth quarter of 2012 is 49 cents, reflecting a year-over-year
growth of 8.1%. Estimates for 2012 and 2013 are $1.97 and $2.04,
representing annual growth of 7.2% and 3.6%, respectively. We
currently maintain a 'Hold' recommendation on Broadcom. The stock
carries a Zacks #3 Rank, translating into a short-term (1-3
months) 'Hold' rating.
BROADCOM CORP-A (BRCM): Free Stock Analysis
QUALCOMM INC (QCOM): Free Stock Analysis
SKYWORKS SOLUTN (SWKS): Free Stock Analysis
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