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Broadcom Announces New GNSS Chip for Varied Devices

Leading semiconductor solutions provider Broadcom CorporationBRCM recently announced a new Global Navigation Satellite System (GNSS) chip for Internet of Things (IoT) and wearable devices, which is likely to save power and improve location experience for varied connected devices.

This chip is further likely to help Broadcom expand its reach into new devices with leading GNSS technology. The power-saving abilities of the BCM47748 are a boon for consumers and reduce power consumption with context awareness and adaptive software. It computes position, velocity and time (PVT) on-chip without accessing device microcontroller (MCU). Also, Broadcom's solutions extend navigation leadership and improve user experience.

Broadcom consistently introduces highly integrated solutions in some of the fastest growing markets in the technology sector. Broadcom's growth prospects continue to outpace its peers, given its leading ability to integrate communications and processing.

Broadcom is a premier semiconductor manufacturer in the fast-growing wired and wireless communications markets. The company has cutting-edge solutions for a rising number of connected users who are demanding more content and bandwidth.

Based in Irvine, CA, Broadcom is engaged in designing and marketing semiconductor components of network voice, video, and data traffic for various applications. The company continues to drive engineering excellence across a broad range of communication end markets to help its customers enhance device performance and overall efficiency.

Broadcom currently has a Zacks Rank #3 (Hold). Other stocks that look promising in the same industry include Clearfield, Inc CLFD , Ericsson ERIC and Motorola Solutions, Inc MSI , all carrying a Zacks Rank #2 (Buy).

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BROADCOM CORP-A (BRCM): Free Stock Analysis Report

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


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

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