Mindspeed Technologies (NASDAQ:MSPD), the 10 year old spin-off from Conexant (NYSEARCA:CNXT) is in the middle of its strategic realignment begun in the last few years(mindspeed.com is the corporate website). As a maker of semiconductors for the wireless telecommunications industry, the company has been reforming its operations to produce products for the3G and 4G long-term evolution (LTE) end market. In case you didn't know, LTE is the newest and fastest wireless data connection you can get on your smartphone or tablet.
Based in Newport Beach, California; the company has been a major maker of various semiconductors built for major wireless communication companies across the world. The stock has been traded on the open market ever...
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