Sneha Shah
Long/short equity, research analyst, tech, solar

RF Micro Devices - Low Risk Way To Play Smartphone Growth

RF Micro Devices (RFMD) is a semiconductor manufacturer of advanced Radio Frequency (NYSE:RF) components for the mobile, telecom equipment and defense markets. The company sells RF components to all major mobile device makers in the world including Apple (NASDAQ:AAPL) and Samsung (OTC:SSNLF). The company's dollar content per phone is rising sharply with the increasing adoption of 4G and LTE technologies. RFMD has seen a sharp jump in revenues in the last 2 quarters, as the company benefits from the the secular wave of growth in the mobile devices market. The smartphone market is growing faster than expectations and smartphones have already exceeded the sale of feature phones in this quarter. LTE technology is...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details