We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Intel (INTC) to Enhance 5G Modems Via SiTime's MEMS Circuits
Read MoreHide Full Article
Intel (INTC - Free Report) recently collaborated with SiTime Corporation in a bid to add Micro-Electrical-Mechanical Systems (“MEMS”) timing solutions capabilities to its 5G modem platforms.
With the tie-up, Intel aims to deliver its clientele with 5G solutions offering more reliable connectivity across phones and other devices. The company plans to market its new 5G platforms as early as 2019.
The MEMS technology will enable the company to deliver modems with enhanced endurance to shock, vibration, and temperature fluctuations. Consequently, the interruption of timing signal can be better dealt with reduced exposure to various environmental stressors.
How can SiTime Help Intel?
Santa Clara, CA-based, SiTime is a notable player in driving innovation to maintain pace with the massive technology explosion. The company’s key expertise lies in providing MEMS resonator devices. Robust flexibility features of SiTime's solutions enables its customers to merge their supply chain, which eventually reducing the total cost of ownership (“TCO”) and improving time to market.
Intel's modem technology combined with SiTime's MEMS timing circuits will aid users to leverage the enhanced performance (by up to 20X) and high capacity of 5G.
Notably, the MHz resonator design of the MEMS solutions requires considerably less power than the traditional quartz timing solutions. Moreover, the power efficient robust MEMS solutions have a smaller size and longer run-time. Consequently, these features will cater to the robust performance needs of Intel’s 5G modem platforms.
Further, Intel’s millimeter-wave wireless, LTE, Wi-Fi, GNSS and other Bluetooth solutions will also benefit from the new tech. We believe the collaboration is likely to strengthen Intel’s multi-mode radio modem portfolio significantly with 5G capabilities.
Apple’s Use of Intel’s Modems Still On?
There has been speculation regarding Apple’s (AAPL - Free Report) use of Intel’s modem in the recent past. Considering the latest updates, Apple has reportedly informed Intel that it will not be using ‘the chip-makers 5G modems in 2020’ in iPhone product lineup, per Calcalist. Consequently, Intel terminated the development of its 5G modems (Sunny Peak), as Apple was anticipated to be its main buyer.
However, Intel is focusing on developing a better 5G modem in a bid to feature in Apple’s 2022 lineup. We believe with this new development, Intel is well poised to continue its services as a notable supplier to the iPhone maker.
We note that the speculated loss of Apple as a customer is likely to have little impact on Intel, due to its increasing initiatives in the high-margined data center, cloud, self-driving car and Internet of Things (“IoT”) businesses.
Share Price Movement
Shares of Intel have gained 54.1% in the past year, significantly outperforming the industry’s 49.8% rally. The outperformance can be primarily attributed to Intel’s noteworthy efforts in the autonomous driving industry space.
Conclusion
Intel’s 5G initiatives need no introduction. Over the past few months, Intel has announced substantial advances in its wireless product portfolio to accelerate 5G adoptions, alongside introducing Intel XMM 8000 series and Intel XMM 7660 series modems.
In this data-driven economy, 5G is projected to be a major growth driver in the coming years. Per MarketsandMarkets estimates, the 5G infrastructure market is envisioned to be $33.7 billion in 2026 registering a CAGR of 50.9% from the estimated valuation of approximately $2.9billion by 2020. The new collaboration positions the company well to capitalize on this alluring prospect.
Moreover, Intel’s effort to strengthen its diversified portfolio is expected to bolster customer base, going ahead.
The long-term earnings growth rate for Mellanox and Micron are pegged at 15% and 8.2%, respectively.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Image: Bigstock
Intel (INTC) to Enhance 5G Modems Via SiTime's MEMS Circuits
Intel (INTC - Free Report) recently collaborated with SiTime Corporation in a bid to add Micro-Electrical-Mechanical Systems (“MEMS”) timing solutions capabilities to its 5G modem platforms.
With the tie-up, Intel aims to deliver its clientele with 5G solutions offering more reliable connectivity across phones and other devices. The company plans to market its new 5G platforms as early as 2019.
The MEMS technology will enable the company to deliver modems with enhanced endurance to shock, vibration, and temperature fluctuations. Consequently, the interruption of timing signal can be better dealt with reduced exposure to various environmental stressors.
How can SiTime Help Intel?
Santa Clara, CA-based, SiTime is a notable player in driving innovation to maintain pace with the massive technology explosion. The company’s key expertise lies in providing MEMS resonator devices. Robust flexibility features of SiTime's solutions enables its customers to merge their supply chain, which eventually reducing the total cost of ownership (“TCO”) and improving time to market.
Intel's modem technology combined with SiTime's MEMS timing circuits will aid users to leverage the enhanced performance (by up to 20X) and high capacity of 5G.
Notably, the MHz resonator design of the MEMS solutions requires considerably less power than the traditional quartz timing solutions. Moreover, the power efficient robust MEMS solutions have a smaller size and longer run-time. Consequently, these features will cater to the robust performance needs of Intel’s 5G modem platforms.
Further, Intel’s millimeter-wave wireless, LTE, Wi-Fi, GNSS and other Bluetooth solutions will also benefit from the new tech. We believe the collaboration is likely to strengthen Intel’s multi-mode radio modem portfolio significantly with 5G capabilities.
Apple’s Use of Intel’s Modems Still On?
There has been speculation regarding Apple’s (AAPL - Free Report) use of Intel’s modem in the recent past. Considering the latest updates, Apple has reportedly informed Intel that it will not be using ‘the chip-makers 5G modems in 2020’ in iPhone product lineup, per Calcalist. Consequently, Intel terminated the development of its 5G modems (Sunny Peak), as Apple was anticipated to be its main buyer.
However, Intel is focusing on developing a better 5G modem in a bid to feature in Apple’s 2022 lineup. We believe with this new development, Intel is well poised to continue its services as a notable supplier to the iPhone maker.
We note that the speculated loss of Apple as a customer is likely to have little impact on Intel, due to its increasing initiatives in the high-margined data center, cloud, self-driving car and Internet of Things (“IoT”) businesses.
Share Price Movement
Shares of Intel have gained 54.1% in the past year, significantly outperforming the industry’s 49.8% rally. The outperformance can be primarily attributed to Intel’s noteworthy efforts in the autonomous driving industry space.
Conclusion
Intel’s 5G initiatives need no introduction. Over the past few months, Intel has announced substantial advances in its wireless product portfolio to accelerate 5G adoptions, alongside introducing Intel XMM 8000 series and Intel XMM 7660 series modems.
In this data-driven economy, 5G is projected to be a major growth driver in the coming years. Per MarketsandMarkets estimates, the 5G infrastructure market is envisioned to be $33.7 billion in 2026 registering a CAGR of 50.9% from the estimated valuation of approximately $2.9billion by 2020. The new collaboration positions the company well to capitalize on this alluring prospect.
Moreover, Intel’s effort to strengthen its diversified portfolio is expected to bolster customer base, going ahead.
Zacks Rank & Other Stocks to Consider
Intel sports a Zacks Rank #1 (Strong Buy).
A couple of other top-ranked stocks in the broader technology space are Mellanox and Micron Technology (MU - Free Report) , both flaunting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The long-term earnings growth rate for Mellanox and Micron are pegged at 15% and 8.2%, respectively.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>