Leading semiconductor solutions provider Broadcom Corporation has recently launched the industry's first six stream 802.11ac Multiple-Input, Multiple-Output (MIMO) platform for home networks.
Broadcom's 5G WiFi XStream offers WiFi leadership with matchless performance for video streaming and home networking applications. The 5G WiFi XStream is 50% faster compared to other available MU-MIMO routers and gateways. It delivers data rates up to 3.2Gps for the highest performance in the home router. The new platform has twice the bandwidth in comparison to the existing routers and gateways and doubles the performance of all devices in the network.
5G WiFi technology is being globally adopted across various product segments and delivers reliable and faster Internet speeds and is 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 enhances the performance for all WiFi certified devices like mobile phones, tablets, PCs and Smart TVs.
Broadcom continues to drive innovation and engineering excellence across a broad range of communication end markets to help its customers enhance device performance while improving overall power efficiency. This innovative technology related to connectivity, bandwidth and content enables the company to capture a sizeable market share. Approximately, seven Wi-Fi devices are used for every WiFi enabled home and is expected to grow to an average of 11 WiFi devices by 2017.
Based in Irvine, Calif., Broadcom is engaged in designing and marketing of semiconductor components of network voice, video, and data traffic for various applications.
Broadcom currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look in the industry include Freescale Semiconductor, Ltd. ,. Infinera Corporation, Inc. (INFN - Free Report) and TIBCO Software Inc. . While Freescale sports a Zacks Rank #1 (Strong Buy), Infinera and TIBCO both carry a Zacks Rank #2 (Buy) each.
Read the Full Research Report on BRCMRead the Full Research Report on TIBXRead the Full Research Report on INFNRead the Full Research Report on FSLZacks Investment Research