Anadigics soars after announcing Samsung power amplifier design wins

Samsung is using two Anadigics (ANAD +16.7%) power amplifiers in its low-end Galaxy Trend 3 Android phone (aimed at emerging markets). Investors are quite pleased. (PR)

Anadigics is already a major supplier of power amplifiers and Wi-Fi front-end ICs to Samsung (the chipmaker's only 10%+ customer in Q3), and has scored design wins for the Galaxy S4, S4 Mini, Note 3, and Note 10.1 tablet.

Samsung's Galaxy S5 is reportedly set to launch in mid-March.

From other sites
Comments (1)
  • Stock Doctor
    , contributor
    Comments (391) | Send Message
    Stock up big due to Needham conference presentation more so than the press release I believe.
    14 Jan 2014, 05:37 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs