Back to top

Analyst Blog

Leading semiconductor solutions provider Broadcom Corp (BRCM - Analyst Report) recently announced that its Broadcom 5G WiFi technology has been chosen by HTC for its new HTC One smartphone.

The adoption of BCM4335 will facilitate higher speed, reliability, faster wireless connectivity with significantly less battery consumption for its newest smartphone range. HTC continuously aims to deliver the best mobile experience to its customers as high-performance and integrated solutions such as Wi-Fi and Bluetooth power the mobile ecosystem.

The video consumption on mobile devices is on rise and users often encounter the problem of choppy videos. Broadcom’s 5G WiFi technology is supposedly the answer to this issue, as it will significantly enhance  the range of a wireless connection. It will provide higher-capacity video streaming, connect multiple devices to the network at the same time and also reduce power consumption by 83% in mobile devices.  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.

However, the company needs to be wary of its competitors, which include formidable names such as Juniper Networks, Inc (JNPR) and DSP Group Inc (DSPG).
 
Broadcom currently has a Zacks Rank #3 (Hold). One of its competitors, Tellabs Inc carries a Zacks Rank #1 (Strong 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
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%