HIMX Himax Technologies Inc

Leading semiconductor manufacturer Skyworks Solutions Inc. (SWKS) recently introduced a series of wireless networking products that incorporate flip-chip packaging to augment its existing mobile connectivity portfolio. With these revolutionary products, the company expects to increase functionality and ubiquitous connectivity as well as reduce the front-end circuit board footprint of smartphones and tablets.  

Flip-chip technology incorporates the strengths of various packaging technologies to reduce production costs and improve electrical and thermal performance. This easy-to-assemble lighter packaging technology occupies lesser front-end circuit board space and thickness as compared to other conventional packaging materials. Consequently, this enables smartphone and tablet OEMs (original equipment manufacturers) to fit in smaller, thinner solutions for 802.11ac system-in-package (SiP) modules.   

Skyworks continues to capitalize on increasing global mobile connectivity and demand for high-performance solutions across a diverse set of vertical markets. The company supports connectivity across a number of strategic applications including medical devices, wearable technologies, home automation and hybrid vehicles as well as smartphones and tablets.

Skyworks aims to fuel its growth engine on the back of three thriving business segments − mobile Internet, vertical markets and analog components. Demand for mobile Internet applications is exploding with the broad proliferation of smartphones, net books, note books, caplets and other forms of embedded wireless devices. Skyworks also continues to consolidate its share across the mobile Internet spectrum. This covers everything from net books and data cards to smartphones, and even entry-level handsets.

The market is estimated to have 50 billion connections by 2020. Some of the fastest-growing segments include medical, industrial, automotive and smart energy where connectivity is being adopted for the very first time. Perfect quality, environmentally friendly products and sustainable business practices are key differentiators for this company in a very competitive environment. Consequently, we expect Skyworks to post solid operating results in the near future.

Skyworks currently has a Zacks Rank #1 (Strong Buy). Other stocks in the industry that look promising and are worth looking into now include Integrated Device Technology, Inc. (IDTI), FormFactor Inc. (FORM) and Himax Technologies, Inc. (HIMX), each carrying a Zacks Rank #2 (Buy).

 
FORMFACTOR INC (FORM): Free Stock Analysis Report
 
HIMAX TECH-ADR (HIMX): Free Stock Analysis Report
 
INTEGR DEVICE (IDTI): Free Stock Analysis Report
 
SKYWORKS SOLUTN (SWKS): Free Stock Analysis Report
 
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