We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Qorvo (QRVO) Unveils GaN FEM Module, Expands 5G Portfolio
Read MoreHide Full Article
Qorvo, Inc. (QRVO - Free Report) is looking forward to expanding its 5G technology. The enhanced 5G infrastructure solutions portfolio now comprises industry’s first 28 GHz Gallium Nitride (GaN) integrated front end modules (FEMs) — QPF4001.
The small-sized, highly integrated and efficient new FEMs support frequency bands ranging from 26GHz (gigahertz) to 30GHz. The FEMs can function on both pre-5G and 5G based base station architecture. Qorvo’s GaN technology has enabled it to support speed, latency, reliability and the emerging 5G infrastructure.
Per an EJL research report, shipments for massive MIMO driving radio transceivers are projected to reach 500 million units by 2022. Per Qorvo estimates, the market for massive MIMO base station is anticipated to yield $1 billion by 2022 in RF solutions. The company’s expanding RF product portfolio pertaining to 5G and massive MIMO base stations bodes well in the long haul.
Prior to this launch, Qorvo had announced five other amplifiers, namely QPB9329, QPB9319, QPA9120, QPA4501 & QPA3506 — which the company claims to be the industry’s first GaN FEMs for 39GHz.
The company has participated in dozens of 5G field trials and demonstrations. We believe an expanding portfolio enabling 5G deployment augurs well for the company.
Projections Bode Well
According to a MarketsandMarkets report, the GaN power device market is projected to witness CAGR of 29.1% to reach $1.89 billion by 2023. The base year 2017 valuation was $0.408 billion and the time period under consideration is 2017-2023.
Introduction of the new products strengthens Qorvo’s GaN portfolio and provides it a competitive edge in the relevant market.
Expanding portfolio bodes well for Qorvo. The company’s 5G and GaN solutions hold promise. The company is well poised to seize growth opportunities that the corresponding markets offer.
However, customer concentration, particularly from Apple (AAPL - Free Report) and Huawei remains a significant headwind for Qorvo.
Long-term earnings growth rate for Upland Software and Twitter is currently pegged at 20% and 22.1%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Qorvo (QRVO) Unveils GaN FEM Module, Expands 5G Portfolio
Qorvo, Inc. (QRVO - Free Report) is looking forward to expanding its 5G technology. The enhanced 5G infrastructure solutions portfolio now comprises industry’s first 28 GHz Gallium Nitride (GaN) integrated front end modules (FEMs) — QPF4001.
The small-sized, highly integrated and efficient new FEMs support frequency bands ranging from 26GHz (gigahertz) to 30GHz. The FEMs can function on both pre-5G and 5G based base station architecture. Qorvo’s GaN technology has enabled it to support speed, latency, reliability and the emerging 5G infrastructure.
Per an EJL research report, shipments for massive MIMO driving radio transceivers are projected to reach 500 million units by 2022. Per Qorvo estimates, the market for massive MIMO base station is anticipated to yield $1 billion by 2022 in RF solutions. The company’s expanding RF product portfolio pertaining to 5G and massive MIMO base stations bodes well in the long haul.
Prior to this launch, Qorvo had announced five other amplifiers, namely QPB9329, QPB9319, QPA9120, QPA4501 & QPA3506 — which the company claims to be the industry’s first GaN FEMs for 39GHz.
The company has participated in dozens of 5G field trials and demonstrations. We believe an expanding portfolio enabling 5G deployment augurs well for the company.
Projections Bode Well
According to a MarketsandMarkets report, the GaN power device market is projected to witness CAGR of 29.1% to reach $1.89 billion by 2023. The base year 2017 valuation was $0.408 billion and the time period under consideration is 2017-2023.
Introduction of the new products strengthens Qorvo’s GaN portfolio and provides it a competitive edge in the relevant market.
Qorvo, Inc. Price
Qorvo, Inc. Price | Qorvo, Inc. Quote
Bottom Line
Expanding portfolio bodes well for Qorvo. The company’s 5G and GaN solutions hold promise. The company is well poised to seize growth opportunities that the corresponding markets offer.
However, customer concentration, particularly from Apple (AAPL - Free Report) and Huawei remains a significant headwind for Qorvo.
Zacks Rank & Key Picks
Qorvo carries a Zacks Rank #4 (Sell).
Few better-ranked stocks in the broader technology sector are Upland Software (UPLD - Free Report) and Twitter, Inc. , both flaunting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth rate for Upland Software and Twitter is currently pegged at 20% and 22.1%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>