Network solutions provider D-Link selected Broadcom Corporation’s (BRCM) highly-integrated StrataGX processor and 5G WiFi Enterprise system-on-a-chip (SoC) for its latest 11AC Wi-Fi enterprise access point.
5G WiFi technology is being globally adopted across mobile, home, office networking and many other product segments. IEEE 802.11ac, a wireless computing standard based on 5G WiFi, delivers reliable and faster Internet speeds and more effective way of power line communication. With the ever-growing demand for wireless connectivity, there is an increasing dependency on wireless networks.
Banking on improved networking solutions, the new technology will allow D-Link to address the industry challenges, providing robust bandwidth and advanced security features. This new technology is suitable for on-the-go gigabit connectivity for high bandwidth applications and video streaming.
Broadcom continues to drive innovation and engineering excellence across a broad range of communication end markets to help its customers enhance device performance and improve overall power efficiency. With the integration of Broadcom's SoC into its new access points, D-Link has increased its processing power up to ten-fold and at the same time reduced its power consumption.
Based in Irvine, Calif., Broadcom is engaged in designing and marketing semiconductor components of network voice, video, and data traffic for various applications.
Broadcom currently has a Zacks Rank #4 (Sell). Other stocks that look promising and are worth considering in the industry include Nitto Denko Corporation (NDEKY), carrying a Zacks Rank #1 (Strong Buy), Cypress Semiconductor Corporation (CY) and TriQuint Semiconductor, Inc. (TQNT), both carrying a Zacks Rank #2 (Buy).