Seeking Alpha

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.
Comments (1)
  • Stock Doctor
    , contributor
    Comments (105) | Send Message
     
    Stock up big due to Needham conference presentation more so than the press release I believe.
    14 Jan, 05:37 PM Reply Like
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