Recently, Anadigics, Inc. (ANAD) announced that it has started shipping volume production of its power amplifiers (PAs) to NEC CASIO Mobile Communications. These amplifiers support NEC MEDIAS smartphone with its High-Efficiency-at-Low-Power (HELP4) amplifiers.
The power amplifiers delivered by the company are expected to enhance the battery longevity of the smartphones by providing a platform for optimum power yield capacity. Additionally, the company is now looking forward to provide advanced services to NEC CASIO through its high productivity and its globally extended support centers.
Management at Anadigics stated that the bonds between the company and NEC CASIO Mobile Communications would inevitably mature together through this integration.
Earlier, Anadigics announced that the company is shipping production volumes of its power amplifier (PA) to Samsung Electronics. These amplifiers support Samsung Galaxy Note with its High-Efficiency-at-Low-Power (HELP4) and HELP3E amplifiers. This, in turn, will replace the Galaxy Note 19228 (TD-SCDMA) and Galaxy Note 1889 (CDMA) in the Chinese market.
Based in New Jersey, Anadigics, a world leader in radio frequency (RF) solutions, is engaged in designing and manufacturing semiconductor solutions for the broadband wireless and wireline communications markets. The continued expanded high demand of wireless connectivity in a growing number of consumer devices, including smart phones, datacards, netbooks, notebooks and tablets, provide substantial opportunities for growth to Anadigics.
However, the turbulent condition existing in the economy may hinder the growth of Anadigics in future. The company faces fierce competition from AuthenTec, Inc. (AUTH) and FormFactor, Inc. (FORM), who exhibited striking results, even at such difficult situations.
The current Zacks Consensus Estimates for Anadigics is a loss of 23 cents and 85 cents for the second quarter of 2012 and for fiscal 2012, respectively. The company currently retains a Zacks #4 Rank, which translates into a short-term Sell rating. However, we maintain a Neutral recommendation on the stock.
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