Leading semiconductor solutions provider
) BCM7358HD and BCM7301SD system-on-chips (SOC) were recently
selected by Dish TV India Ltd, a leading Indian direct broadcast
satellite television provider, to support its high-definition
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Dish TV India boasts a large distribution network with more than
400 channels and 15 million subscribers on its platform. These
SOCs support variety of advanced security and connectivity
solutions and are used to power new generation of USB-based
Digital Video Recorders (DVR). With Broadcom's SOCs, the
satellite television provider is aiming to offer a cost-efficient
platform, while maintaining high-quality features and
Demand for high-definition contents has been continuously moving
north as more and more consumers are moving to high-definition
televisions. 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. With
the help of Broadcom's SOCs, Dish TV is likely to further
strengthen its leadership position in the direct-to-home market.
This is also Broadcom's second such deal in India in this month.
Earlier, BCM7301 was 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
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).