Leading radio frequency solutions supplier Anadigics, Inc. (ANAD) recently announced that it is shipping production volumes of its AWL9280 and AWL9580S WiFi front-end ICs (FEICs) to electronics major LG Electronics for its LG G3 Beat smartphone.
The FEICs facilitate improved WiFi performance and integration in more compact designs, while simultaneously enabling longer battery life in comparison to other available variants in the market. Incremental demand for wireless connectivity in a growing number of consumer devices, including smartphones and tablets, provide substantial growth opportunities for Anadigics.
Anadigics is utilizing its patented InGaP-Plus technology and expertise in design to manufacture these high-performance power amplifiers, which enable WiFi connectivity in customer equipments. The high performance and integration features of the power amplifiers are expected to strengthen its relationship with major OEM (Original Equipment Manufacturers) and chipset partners.
Widely known as the LG G3 S, the smartphone boosts the latest features and specifications including a 5.0-inch HD IPS display, 1.2 GHz quad-core processor, and 8 megapixel rear-facing camera with laser auto focus. Anadigics' FEICs reduce the PCB (Printed Circuit Board) area required, enabling LG to offer premium user experience in a sleek package. The association with LG Electronics – one of the leading global smartphone brands, is a testimony to Anadigics' strength in the rapidly expanding cellular market.
Headquartered in Warren, NJ, Anadigics designs and manufactures semiconductor solutions for the broadband wireless and wireline communications markets. Its products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components.
Anadigics currently has a Zacks Rank #2 (Buy). Other stocks that also look promising and are worth considering now in the industry include Ambarella, Inc. (AMBA), Avago Technologies Limited (AVGO) and AXT Inc. (AXTI), each carrying a Zacks Rank #1 (Strong Buy).
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