Leading semiconductor manufacturer
Skyworks Solutions Inc.
) recently introduced a series of wireless networking products
that incorporate flip-chip packaging to augment its existing
mobile connectivity portfolio. With these revolutionary products,
the company expects to increase functionality and ubiquitous
connectivity as well as reduce the front-end circuit board
footprint of smartphones and tablets.
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Flip-chip technology incorporates the strengths of various
packaging technologies to reduce production costs and improve
electrical and thermal performance. This easy-to-assemble lighter
packaging technology occupies lesser front-end circuit board
space and thickness as compared to other conventional packaging
materials. Consequently, this enables smartphone and tablet OEMs
(original equipment manufacturers) to fit in smaller, thinner
solutions for 802.11ac system-in-package (SiP) modules.
Skyworks continues to capitalize on increasing global mobile
connectivity and demand for high-performance solutions across a
diverse set of vertical markets. The company supports
connectivity across a number of strategic applications including
medical devices, wearable technologies, home automation and
hybrid vehicles as well as smartphones and tablets.
Skyworks aims to fuel its growth engine on the back of three
thriving business segments − mobile Internet, vertical markets
and analog components. Demand for mobile Internet applications is
exploding with the broad proliferation of smartphones, net books,
note books, caplets and other forms of embedded wireless devices.
Skyworks also continues to consolidate its share across the
mobile Internet spectrum. This covers everything from net books
and data cards to smartphones, and even entry-level handsets.
The market is estimated to have 50 billion connections by 2020.
Some of the fastest-growing segments include medical, industrial,
automotive and smart energy where connectivity is being adopted
for the very first time. Perfect quality, environmentally
friendly products and sustainable business practices are key
differentiators for this company in a very competitive
environment. Consequently, we expect Skyworks to post solid
operating results in the near future.
Skyworks currently has a Zacks Rank #1 (Strong Buy). Other stocks
in the industry that look promising and are worth looking into
Integrated Device Technology, Inc.
Himax Technologies, Inc.
), each carrying a Zacks Rank #2 (Buy).