Back to top

Analyst Blog

Leading semiconductor solutions provider Broadcom Corporation's (BRCM - Analyst Report) 5G WiFi was selected by Wi-Fi Alliance, an association that promotes Wi-Fi technology and certifies Wi-Fi products, for its Wi-Fi CERTIFIED ac test suite. Based on the wireless computing standard IEEE 802.11ac, Wi-Fi CERTIFIED ac is the latest certification program from Wi-Fi Alliance. The latest test suite will be using Broadcom's BCM4360 chip for validating interoperability of various products.

5G WiFi technology is being globally adopted across various product segments. IEEE 802.11ac standard for 5G WiFi delivers reliable and faster Internet speeds, faster file transfers and a more effective way of power line communications. Banking on improved networking solutions, the new technology supports high-resolution Internet video, online gaming and offers broad coverage. The higher capacity and improved power management with Wi–Fi CERTIFIED ac suite is likely to be perfectly suitable for new products and services.

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. The 5G WiFi solutions for all product segments include the BCM4335 combo chip, which  is suitable for  smartphones and tablets and other connected  devices.

Based in Irvine, Calif., Broadcom is engaged in designing and marketing semiconductor components of network voice, video, and data traffic for various applications. In the last reported quarter, Broadcom reported total revenues of $2.0 billion, up 11.1% year over year.

Broadcom currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look in the industry include Marvell Technology Group Ltd (MRVL - Snapshot Report), NeoPhotonics Corporation (NPTN - Snapshot Report) and CGI Group, Inc (GIB - Snapshot Report), each carrying a Zacks Rank #2 (Buy).
 

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
PLANAR SYST… PLNR 4.44 +5.21%
BITAUTO HOL… BITA 81.71 +5.12%
CTPARTNERS… CTP 16.66 +4.26%
CHINA BIOLO… CBPO 47.91 +3.30%
MALLINCKROD… MNK 72.94 +2.85%