Keysight & Qualcomm Jointly Unveils 5G NR Data in FDD Mode
Keysight Technologies, Inc. KEYS in collaboration with Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated QCOM, recently secured another milestone in 5G New Radio (NR) technology based high-speed data transfer in both non-standalone (NSA) standalone (SA) mode.
The companies have teamed up to accelerate 3GPP (3rd Generation Partnership Project) 5G New Radio (NR) specification, for both Division Duplexing (FDD) and Time Division Duplex (TDD) mode.
Notably, the device was powered by the Qualcomm Snapdragon X55 5G modem and Keysight’s 5G network emulation solutions.
The achievement set a benchmark by attaining a download speed of 7 Gbps (gigabits per second). According to Lucas Hansen, senior director in Keysight's wireless test group “Keysight’s first-to-market 5G solutions enable OEMs using the Snapdragon X55 5G modem to speed validations of 5G devices that are used for a wide range of exciting use cases.” Notably, such speeds are part of the companies’ ongoing evolution of LTE technology.
Notably, Keysight’s 5G network emulation solutions facilitate end-to-end processes from development to deployment, accelerating the 5G device architecture. The solutions offer cost-efficient test techniques with high flexibility and control capabilities.
Moreover, the company’s 5G network emulation solutions are deployed on UXM 5G Wireless Test Platform to validate radio frequency (RF) and radio resource management (RRM) in both non-standalone (NSA) and standalone (SA) mode.
Keysight’s solutions are enabling mobile operators explore new 5G use cases. In this regard, the latest high speed data transfer in standalone mode is aimed at assisting mobile operators to offer improved Mobile Broadband (eMBB) services.
Coming to the price performance, shares of Keysight have returned 43.6% year to date outperforming the industry’s rally of 36.8%.
Accelerated 5G Commercialization: A Key Catalyst
Accelerated commercialization of 5G (likely to commence as early as the first half of 2019) favors the prospects of Keysight’s 5G network emulation solutions. The company has been securing notable customer wins on the back of its strength in robust 5G product portfolio comprising comprehensive set of test and design solutions. The company’s solutions enable telecom companies accelerate 5G deployment.
Additionally, the acquisitions of Ixia, Anite and AT4 Wireless have enriched the company’s 5G solutions portfolio.
Per ResearchAndMarkets data, global 5G market is expected to reach $251 billion by 2025 at a CAGR of around 97% from 2020. Further, communication test and measurement market is projected to attain a value of $6.69-billion by 2020 at a CAGR of 9.3% from approximately $4.28 billion in 2015, according to estimates of the same research firm.
Intensive infrastructure investments in 5G push and positive trial testing results are tailwinds in this regard. Smart connected homes, hospitals, factories and cities along with self-driving vehicles remain key beneficiaries of 5G.
We believe Keysight is well poised to capitalize on the ongoing upbeat trend in the 5G market and strengthen competitive position in the domain.
Zacks Rank & Stocks to Consider
Keysight carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology sector are Cadence Design Systems, Inc CDNS and Symantec Corporation SYMC, both sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Cadence Design and Symantec have long-term earnings growth rates of 12% and 7.9%, respectively.
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