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Leading semiconductor solutions provider Broadcom Corp (BRCM - Analyst Report) recently announced that its Near Field Communication (NFC) and Wi-Fi technology will be integrated into Brother Industries’ multi-function printers.

Broadcom’s low power-consuming BCM20792 NFC controller offers wireless connectivity and flexible solutions and will provide flawless printing experience by pairing NFC and Wi-Fi-enabled multi-function printers.

The NFC-compliant printers deliver tap-to-print and tap-to-scan capabilities for its users. Consumers can tap their NFC and Wi-Fi-enabled smart devices to the printer and utilize WLAN transmission to print documents. Broadcom is uniquely positioned to lead the NFC market with its vast intellectual property (IP) portfolio and expertise in developing standard-based integrated solutions.

The high-performance and highly-integrated NFC solutions, including Wi-Fi, are enjoying increasing demand. The NFC solutions also offer the scope for the next generation wireless innovation.

Broadcom is well placed in the fast-growing wired and wireless communications markets with cutting-edge solutions for a growing number of connected users, who are demanding more content and bandwidth.

Based in Irvine, Calif., Broadcom is engaged in designing and marketing semiconductor components of network voice, video, and data traffic for various applications. The company continues to drive innovation and 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 #4 (Sell). Other stocks that look promising and are worth a look in the industry include Marvell Technology Group Ltd (MRVL - Snapshot Report), TriQuint Semiconductor, Inc. (TQNT - Analyst Report) and PMC-Sierra Inc (PMCS - Analyst Report), each carrying a Zacks Rank #2 (Buy)
 

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