Leading semiconductor solution provider, Broadcom Corporation (BRCM), recently announced the launch of the industry's first Global Navigation Satellite System (GNSS) location hub for smartphones to support the Galileo satellite system.
The BCM4774 system on chip supports multiple constellations, delivering premium performance and enhanced device intelligence while consuming minimal power. With a planned deployment of up to 30 additional satellites for Galileo, smartphones with built-in support for this new system will experience an even higher level of accuracy and better positioning.
The power-saving abilities of the BCM4774 are a boon for device makers, developers and consumers and reduce power consumption up to 95% by offloading calculations from the application processor (AP). Broadcom’s ability to integrate a sensor hub with GNSS technologies enables always-on location applications to achieve new heights in terms of mobile user experiences. The Integration of GNSS receiver and sensor hub reduces board area by 30%. Additionally, Broadcom’s solutions extend navigation leadership and improve user experience.
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 the overall power efficiency. The innovative technologies related to connectivity, bandwidth and content enable the company to capture a sizeable market share.
Based in Irvine, CA, Broadcom is engaged in designing and marketing semiconductor components of network voice, video, and data traffic for various applications. The company continues to drive innovation and engineering excellence across a broad range of communication end markets to help its customers enhance device performance and overall efficiency.
Broadcom currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look are Nitto Denko Corporation (NDEKY), TriQuint Semiconductor, Inc (TQNT) with a Zacks Rank #1 and NeoPhotonics Corporation (NPTN) carrying a Zacks Rank #2 (Buy).
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