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QUALCOMM DIRBS Software Platform to Solve Counterfeit Issue
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QUALCOMM Incorporated’s (QCOM - Free Report) subsidiary, Qualcomm Technologies, Inc. recently announced that it is offering Device Identification, Registration, and Blocking System (DIRBS) platform as an open source software. Notably, the DIRBS server-based software platform can be downloaded for free from the open-source software website, GitHub.
The DIRBS server-based software platform helps in the detection of illegal, counterfeit and stolen mobile devices in a country. With the help of the software platform, the regulatory agencies will be able to classify devices and create IMEI-based lists for amnesty, notification as well as blocking purposes. The software platform has already been deployed in Pakistan and is expected to be deployed in other markets as well.
Qualcomm is one of the largest manufacturers of wireless chipset based on baseband technology. The company has been trying to retain its leadership in 5G, chipset market and mobile connectivity with multiple technological achievements and innovative product launches. The company’s improved and upgraded technologies will likely enable various firms to build new and updated products and services across the wireless ecosystem to better serve customers.
In the past six months, this Zacks Rank #2 (Buy) stock has yielded 25.4%, outperforming the industry’s average growth of 17.8%. The company, along with Verizon Communications Inc. (VZ - Free Report) and Ericsson (ERIC - Free Report) has completed the first Massive MIMO (Multiple Input-Multiple Output) trial with a fully-compatible customer device. Moreover, it achieved a 5G data connection with the Snapdragon X50 5G modem chipset on 28GHz mmWave spectrum. In fact, the company has been the forefront of driving Gigabit LTE and 5G in the industry.
This apart, it has signed multiple licensing deals with various Chinese smartphone makers including Xiaomi and Gionee Communication Equipment Co. Ltd. We believe these new patent license agreements will lessen the chip maker’s struggles in China and take it a step closer to solving issues pertaining to its most profitable licensing patent business.
Sonus Networks surpassed estimates in each of the trailing four quarters with an average positive earnings surprise of 168.11%.
5 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2018 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs. A bonus Zacks Special Report names this breakthrough and the 5 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains.
Image: Bigstock
QUALCOMM DIRBS Software Platform to Solve Counterfeit Issue
QUALCOMM Incorporated’s (QCOM - Free Report) subsidiary, Qualcomm Technologies, Inc. recently announced that it is offering Device Identification, Registration, and Blocking System (DIRBS) platform as an open source software. Notably, the DIRBS server-based software platform can be downloaded for free from the open-source software website, GitHub.
The DIRBS server-based software platform helps in the detection of illegal, counterfeit and stolen mobile devices in a country. With the help of the software platform, the regulatory agencies will be able to classify devices and create IMEI-based lists for amnesty, notification as well as blocking purposes. The software platform has already been deployed in Pakistan and is expected to be deployed in other markets as well.
Qualcomm is one of the largest manufacturers of wireless chipset based on baseband technology. The company has been trying to retain its leadership in 5G, chipset market and mobile connectivity with multiple technological achievements and innovative product launches. The company’s improved and upgraded technologies will likely enable various firms to build new and updated products and services across the wireless ecosystem to better serve customers.
In the past six months, this Zacks Rank #2 (Buy) stock has yielded 25.4%, outperforming the industry’s average growth of 17.8%. The company, along with Verizon Communications Inc. (VZ - Free Report) and Ericsson (ERIC - Free Report) has completed the first Massive MIMO (Multiple Input-Multiple Output) trial with a fully-compatible customer device. Moreover, it achieved a 5G data connection with the Snapdragon X50 5G modem chipset on 28GHz mmWave spectrum. In fact, the company has been the forefront of driving Gigabit LTE and 5G in the industry.
This apart, it has signed multiple licensing deals with various Chinese smartphone makers including Xiaomi and Gionee Communication Equipment Co. Ltd. We believe these new patent license agreements will lessen the chip maker’s struggles in China and take it a step closer to solving issues pertaining to its most profitable licensing patent business.
Another Stock to Consider
Another top-ranked stock from the same space is Sonus Networks, Inc. (RBBN - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Sonus Networks surpassed estimates in each of the trailing four quarters with an average positive earnings surprise of 168.11%.
5 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2018 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs. A bonus Zacks Special Report names this breakthrough and the 5 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains.
Click to see them right now >>