Hedge Funds Raise SkyWorks Solutions Price Target
Skyworks Solutions, Inc. (SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today launched its newest SkyOne® front-end solution targeting the high growth China LTE market. The SkyOne® Ultra 2.5 family includes both global and region-specific architectures that provide customers with the ability to leverage the same printed circuit board across multiple smartphone platforms optimized for diverse end markets. Leveraging highly successful and proven technologies, the new multiband RF modules utilize the company’s powerful SkyBlue™ enabling technology to enhance system efficiency and battery life. Further, because these devices allow customers to scale the solution with regional variations, they are particularly attractive for Internet of Things applications requiring full LTE connectivity.
“We are pleased to broadly offer this flexible system solution in response to growing smartphone demand in China as well as the need for highly integrated solutions across adjacent automotive and machine-to-machine applications,” said Carlos Bori, vice president of sales and marketing for Skyworks. “Our front-end solutions are bringing tremendous value and performance to multiple end markets, enabling our customers to exceed domestic and global performance requirements via a single device.”
GSMA Intelligence estimates that global 4G LTE connections will reach 2.5 billion by 2020, with 60 percent of connections coming from developing regions, largely driven by TD-LTE growth in China.
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Vieira raised SkyWorks Solutions Price Target informing investors on video on demand.
I’am very pleased to have several investors in SkyWorks Solutions making more than $1 million dollars following my guidance.
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