Leading radio frequency solutions developer Anadigics, Inc. (ANAD) recently disclosed that it is shipping production volumes of its AWL9281 front-end integrated circuits (“FEIC”) to Huawei for its new Ascend Mate 7 smartphone. However, this announcement failed to cheer investors’ sentiment and the shares dropped marginally onNov 25.
The AWL9281 is a WiFi front-end module that delivers industry-leading performance and integration to enable WiFi connectivity in the new smartphone. The product combines a high performance power amplifier, low-noise amplifier and RF switch to offer unmatched efficacy for seamless transmission of high-definition videos at extended ranges. In addition, the product has greater integration capabilities compared to other variants available in the market. This in turn reduces the requirement for other external components to save valuable printed circuit board space. The FEIC would extend the smartphone’s battery life by leveraging Anadigics’ patented InGaP-Plus technology which offers higher efficiency at low and high-power levels.
Anadigics is continuously expanding its product pipeline by launching differentiated solutions to exploit the widening range of applications in the WiFi market. The supply of production volumes of these FEICs is a testimony to Anadigics' growing expertise.
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. The company offers products with exceptional reliability, performance and integration to deliver a unique competitive advantage to Original Equipment Manufacturers for infrastructure and mobile applications.
Anadigics currently has a Zacks Rank #2 (Buy). Other stocks that look promising and are worth considering include Ambarella, Inc. (AMBA), AXT Inc (AXTI) and FormFactor Inc. (FORM), each sporting a Zacks Rank # 1 (Strong Buy).
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