TQNT Intros Small-Cell PA, Shares Drop - Analyst Blog
Leading RF solutions supplier and technology innovator
TriQuint Semiconductor Inc,
) 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
Ubiquiti Networks, Inc
), both carrying a Zacks Rank #1 (Strong Buy), and
), 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