In order to expand its optical product portfolio, TriQuint Semiconductor, Inc. (TQNT) recently announced four new optical network products with miniaturized and integrated module.
The new 100-200 Gb/s solutions include dual channel linear drivers, integrated clock drivers and modulator drivers. The solutions are more competitive in comparison to other similar products and legacy gold brick modules available in the market. These new solutions offer higher performance with greater efficiency and enable modulator drivers to endure harsh conditions. Further, the solutions lower maintenance cost, shrink board space for networks and extend operational lifetimes.
Optical networks are most suitable for long-distance, high-speed data transfers across wired and mobile device networks. Global network capacity is fast expanding based on the continuous growth of smartphones, tablets and other mobile devices. According to Infonetics Research, a telecom market research firm, there is a growing demand for 100G networks and components particularly for lower cost formats.
High performance, surface-mount solutions like TriQuint’s are expected to play a vital role in the transition to 100G systems going forward. Additionally, TriQuint is looking to expand its presence in optical network products to further augment its revenues..
Headquartered in Hillsboro, Ore., TriQuint manufactures semiconductors for the wireless handset segment, infrastructure networks and defense markets. TriQuint’s products reduce costs and increase the performance of connected mobile devices and networks that deliver critical voice, data and video communications.
Triquint currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look in the industry include Nitto Denko Corporation (NDEKY) and Ubiquiti Networks, Inc (UBNT), each carrying a Zacks Rank #1 (Strong Buy), and DragonWave Inc (DRWI), carrying a Zacks Rank #2 (Buy).