In a highly digital world where every sphere of human action is being digitalized, Broadcom Corporation (BRCM - Analyst Report) has been rigorously innovating new products and technologies to stay ahead in a competitive industry.
The latest addition to the new products from Broadcom is a multi-core communications processor, named XLP900 Series. This processor carries by far the highest speed available in the market, being manufactured in 28 nanometers (nm). Broadcom has taken this initiative keeping in mind the growth potential these high-speed processors bear due to the availability of high-speed 4G LTE/LTE Advanced services.
Being the first market player to offer such a high-speed processor, Broadcom is likely to secure a larger market share while attaining a leadership position in communication technologies. Apart from having a first-mover advantage, this XLP900 Series also offers high security, efficiency and flexibility in its operations.
Broadcom also achieved another break-through by introducing a product in the video network segment. Broadcom is in the process of launching a headless video gateway for home internet protocol (IP) and Quadrature amplitude video networks. As opposed to the headed gateways, the headless gateways can serve without being attached to the video outlet like a TV set.
This technology uses other technologies such as Multimedia over Coax Alliance (MoCA) and Wi-Fi to transmit videos to devices such as tablets, smart TVs and IP client set-top boxes. The TV service providers can thus transmit videos to a number of locations chosen with a single headless gateway, reducing expenses. In addition to high-quality videos at a lower bandwidth, the device also allows an all-IP video experience.
Both these products are still under sampling phase. Broadcom currently carries a Zacks Rank #3 (Hold). Other stocks worth a look in the semiconductor communications industry are Nitto Denko Corporation (NDEKY - Snapshot Report), carrying a Zacks Rank #1 (Strong Buy); whereas Marvell Technology Group Ltd. (MRVL - Snapshot Report) and NeoPhotonics Corporation (NPTN - Snapshot Report) carry a Zacks Rank #2 (Buy) each.