TriQuint Semiconductor, Inc.
) launched its TriConnect TQP6M9017 WLAN module for today's mobile
phones. This marks the entry of the first ever 802.11ac Wi-Fi RF
module in the industry.
This unique product shall not only escalate download and
streaming speeds but also connect to devices at a higher range
using its high-powered Wi-Fi and Bluetooth connectivity solutions.
Data transfer is designed to abet the process three to four times
more than the current 802.11n Wi-Fi using this advanced technology,
allowing for faster video streaming, game-play and other multimedia
The burgeoning demand for smartphones in today's market creates
an avenue for growth especially for technology solutions
manufacturers. In this regard, TriQuint's state-of-the-art WLAN
device will undoubtedly be momentous and would allow for market
expansion and goodwill enhancement for the company.
On May 3, 2012, the company announced a $50 million share
repurchase program. This act denotes that not only does the company
cater towards product and technological innovations but also
displays as much solicitude for returning optimum value to its
However, while the company dwells on innovations and
technological advancements, it would be wise to remain quite wary
of similar moves implemented by some of its competitors. On June
DSP Group, Inc.
) launched its DBM11 noise-elimination System-On-a-Chip (SOC) for
headsets and mobile phones. It is imperative that TriQuint takes
note of such activities in the industry it pertains to.
The Zacks Consensus Estimates for the second quarter and fiscal
2012 stand at a loss of 14 cents per share and 10 cents per share,
respectively. At present we have a 'Neutral' recommendation on
TriQuint. The stock carries a Zacks #4 Rank, which translates into
a short-term rating of 'Sell'.
DSP GROUP INC (DSPG): Free Stock Analysis
TRIQUINT SEMICO (TQNT): Free Stock Analysis
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