New Product Line from Broadcom - Analyst Blog

Leading semiconductor solutions provider Broadcom Corporation ( BRCM ) recently introduced two new Bluetooth smart systems-on-a-chips (SoCs) named BCM20734 and BCM20738 for peripheral devices.

As a leading player in the industry, Broadcom is committed to support customer requirements with home entertainment and mobile computing technology. There is a growing demand of smart devices with wi-fi and Bluetooth enabled features and these chips facilitate to bridge this demand-supply gap.

The new SoCs support Bluetooth Smart and Bluetooth Classic - the two common varieties of Bluetooth. It enables keyboards and mice to interact with computing platforms over either Bluetooth Smart or Bluetooth Classic, thus providing seamless connectivity to consumers. These chips target various products like remote controls and keyboards and reduce the overall cost for original equipment manufacturers (OEMs). The BCM20734 reduces the cost of voice search capabilities on next-generation remote controls for OEMs and enables superior performance even in connected homes with heavy traffic between devices.

Broadcom continues to drive innovation and engineering excellence across a broad range of communication end markets to help its customers enhance device performance and improve overall power efficiency. The innovative technologies related to connectivity, bandwidth and content enable the company to capture a sizeable market share.

Based in Irvine, CA, Broadcom is engaged in designing and marketing semiconductor components of network voice, video, and data traffic for various applications.

Broadcom currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look in the industry include C ypress Semiconductor Corporation ( CY ) that carries a Zacks Rank #1 (Strong Buy), and Marvell Technology Group Ltd ( MRVL ) and TriQuint Semiconductor, Inc . ( TQNT ), both carrying a Zacks Rank #2 (Buy).

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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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