TQNT Intros Small-Cell PA, Shares Drop - Analyst Blog

By
A A A

Leading RF solutions supplier and technology innovator TriQuint Semiconductor Inc, ( TQNT ) considers new product innovations to be one of its prime growth catalysts. However, the latest product launch on Sep 26 probably failed to cheer investors' sentiment as the company's shares dropped 1.5% on Sep 27.

Last Thursday, TriQuint introduced its first integrated power amplifier (PA) solution for small cell and active antenna base stations. These new amplifiers enable small cell solutions in expanding 3G/4G wireless broadband access including Long Term Evolution (LTE). These highly integrated power amplifier solutions reduce the board size and deliver higher efficiency.  

The radio transceivers in this small cell radio system are smaller by design to support indoor or outdoor deployment. By reducing 50% of board space, the original equipment manufacturers (OEMs) can reduce the size of radio systems and their bills of materials. According to a wireless research company, the overall LTE outdoor microcell market is expected to begin high volume shipments in 2014 and is likely to reach $1.8 billion by 2017.

Headquartered in Hillsboro, Ore., TriQuint manufactures semiconductors for the wireless handset segment, infrastructure networks and defense markets. TriQuint's products reduce costs and increase the performance of connected mobile devices and networks that deliver critical voice, data and video communications. In the last quarter, Triquint reported revenues of $190.1 million, up 7% year over year, driven by strong performance across all markets.

Triquint currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look in the industry include Nitto Denko Corporation ( NDEKY ) and Ubiquiti Networks, Inc ( UBNT ), both carrying a Zacks Rank #1 (Strong Buy), and  DragonWave Inc. ( DRWI ), which carries a Zacks Rank #2 (Buy).



DRAGONWAVE INC (DRWI): Free Stock Analysis Report

NITTO DENKO CP (NDEKY): Get Free Report

TRIQUINT SEMICO (TQNT): Free Stock Analysis Report

UBIQUITI NETWRK (UBNT): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: DRWI , NDEKY , TQNT , UBNT

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

33,110,376
  • $113.99 ▲ 1.77%
25,034,179
    $17.98 unch
24,486,872
  • $7.41 ▲ 2.07%
20,864,535
  • $7.39 ▼ 2.76%
18,600,501
  • $8.30 ▼ 0.36%
17,530,211
  • $8.14 ▲ 3.17%
17,299,208
  • $93.79 ▲ 2.74%
14,669,760
  • $25.78 ▼ 0.19%
As of 12/26/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com