Shares of leading analog semiconductor manufacturer
Avago Technologies Ltd
) increased marginally on Mar 13 following the announcement of
its latest series of MicroPOD and MiniPOD solutions supporting
100GbE (100 Gigabit Ethernet) data transmission over a 550 meter
In partnership with Corning Inc. (GLW), Avago provides
long-reach, high-density embedded optical connectivity solutions
for datacenters and enterprise network applications. Corning has
proven excellence in developing innovative fiber optic technology
providing superior bandwidth performance for data centers. This
collaboration with Avago will create the next generation of
optical technologies that is likely to transform data centers.
With a heavy demand of fast 100G data speeds to meet high
bandwidths, products like MicroPOD and MiniPOD offer the perfect
solution for embedded optical connectivity. The joint solutions
enable datacenters and enterprise networks to transition from 10G
to 100G Ethernet while supporting a 550m link distance using
Corning's optical link cables.
Avago remains focused on inventing new products and maintaining
its competitive advantage worldwide. The rise in demand for such
innovative products is likely to augment its overall revenues.
With an expertise in compound semiconductor design and
processing, Avago is a premier designer, developer and global
supplier of a broad range of analog, mixed signal and
optoelectronics components and subsystems. Avago products serve
three primary target markets: wireless communications, wired
infrastructure, and industrial and others.
Avago currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth a look in the industry include
Himax Technologies Inc
Integrated Device Technology, Inc
), each carrying a Zacks Rank #2 (Buy).
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