Broadcom's Solution for Nintendo - Analyst Blog
23 Novembro 2012 - 8:40AM
Zacks
Leading chipmaker Broadcom
Corporation (BRCM) recently declared the inclusion of its
latest wireless connectivity platform in Nintendo’s Wii U gaming
portal. The new gaming process is created particularly for
integrating Wi-Fi, Bluetooth and Near Field Communications (NFC)
process.
The company in association with
Nintendo has designed advanced 5 GHz Wi-Fi techniques which will be
primarily used for controlling low-latency video and supporting
audio transmission among the Wii U console and its controller.
Broadcom's NFC system will provide an advanced, integrated and
secured gaming platform for GamePad. Moreover, with the help of the
Bluetooth 4.0 services, the latest gaming system can be used with
various legacy games and legacy peripherals. The integration of
Wi-Fi, Bluetooth and NFC in the new Wii U gaming process will usher
in a new age for video game.
Broadcom’s customized solutions
would surely mitigate the increasing demand in the industry and
also help Nintendo improve its entire wireless gaming services,
thus enhancing its business.
Management expressed its optimism
on the association by stating that Nintendo’s continuous efforts in
providing the best in class gaming services has helped it secure a
substantial market share in the industry. The company is looking
forward to extending its coverage in consumer electronics industry
and further strengthening Nintendo’s position through providing the
latest wireless techniques.
Broadcom is well placed in the
fast-growing wired and wireless communications markets, with
cutting-edge solutions for a growing number of connected users, who
are demanding more content and bandwidth. The market for wireless
connectivity devices is expected to grow, driven by increasing
demand of smartphones, tablets, netbooks and digital TVs.
The company currently faces ominous
competition from a number of major players of the industry like
QUALCOMM Incorporated (QCOM) and Skyworks
Solutions Inc. (SWKS). QUALCOMM’s operating unit, Qualcomm
Technologies, Inc. (QTI) recently completed the acquisition of EPOS
Development, Ltd. (EPOS). In order to retain its position in the
global market, it is imperative that Broadcom continues to make
various momentous undertakings and develop new products, keeping in
mind the betterment of the organization in both the long and short
run.
For Broadcom the current Zacks
Consensus Estimate for the fourth quarter of 2012 is 49 cents,
reflecting a year-over-year growth of 8.1%. Estimates for 2012 and
2013 are $1.97 and $2.04, representing annual growth of 7.2% and
3.6%, respectively. We currently maintain a ‘Hold’ recommendation
on Broadcom. The stock carries a Zacks #3 Rank, translating into a
short-term (1-3 months) ‘Hold’ rating.
BROADCOM CORP-A (BRCM): Free Stock Analysis Report
QUALCOMM INC (QCOM): Free Stock Analysis Report
SKYWORKS SOLUTN (SWKS): Free Stock Analysis Report
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