Anadigics soars after announcing Samsung power amplifier design wins

|By:, SA News Editor

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.