August 28, 2013 - Broadcom Expands WICED Portfolio
Leading semiconductor solutions provider Broadcom Corp (BRCM) recently added a new product titled WICED Direct in its Wireless Internet Connectivity for Embedded Devices (WICED) portfolio.
The product offers a framework for integrating Bluetooth, Wi-Fi, Near Field Communication (NYSEMKT:NFC) and location technology into wearable devices. By integrating Wi-Fi into WICED platform, the company enables Original Equipment Manufacturers (OEMs) to rapidly develop wearable products that communicate seamlessly to the cloud via smart mobile devices. At the same time, the product simplifies the implementation of Internet connectivity into a wide range of consumer devices.
The WICED platform opens a plethora of opportunities for new products like health and wellness devices, clothing accessories, cameras and other wearable sensors. The market for such connected wearable components is likely to reach more than $1.5 billion by 2014. Nearly 15 million wearable smart devices are expected to be sold this year and nearly 70 million by 2017. Consequently, Broadcom is likely to generate significant revenue from the introduction of such technologically advanced products.
Broadcom is a premier semiconductor manufacturer in the fast-growing wired and wireless communications markets. The company has cutting-edge solutions for a growing number of connected users who are demanding more content and bandwidth. The WICED portfolio provides the foundation for embedding low power, high-performance wireless connectivity into smart devices and Internet.
Based in Irvine, Calif., 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 #4 (Sell). Other stocks that look promising and are worth a look in the industry include Integrated Device Technology, Inc (NASDAQ:IDTI), TriQuint Semiconductor, Inc. (TQNT) and Cypress Semiconductor Corporation (NASDAQ:CY), each carrying a Zacks Rank #2 (Buy).
Click the Links Below to Review Investing Trading Products and Services You Can Use on Your Android Apple Tablets and Smartphones
InstaForex Mobile Trading
Trade All Markets From One Account. Forex - NYSE CFD's - Gold Silver Copper - Commodities - Futures. Trading platform InstaTrader is the most dynamically developing trading platform based on MetaTrader 4 terminal. Using InstaForex gives you the opportunity to invest trade in 107 currency instruments, 34 NYSE CFD contracts on American shares, and trade Gold Silver Copper.
On-Going Bonus Deposit for New Customers
Minimum Deposit $100 Free Bonus $30
ECN or Standard Accounts
Low Fixed 3 Pip Forex Standard Account Spreads
Very Low 0.10 Spreads On ECN Accounts
Earn 6% to 13% Annual Interest Paid Monthly On Your Cash Account
ZuluTrade Forex for Mobile
Autotrade the FOREX market like never before! Let ZuluTrade drive trades by specialists into your FX account For Free. ZuluTrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account.