Anadigics to Power Samsung's GALAXY S 5

Leading semiconductor manufacturer Anadigics, Inc. (ANAD) recently disclosed that its ALT6735 ProEficient-Plus power amplifier (:PA) has been selected by Samsung Electronics Co. Ltd. (SSNLF) for its GALAXY S 5 series in China. The PA will enable Samsung to deliver high-speed wireless connectivity and extended battery life for the 3G/4G market in China.

The soon-to-be-available GALAXY S 5 mobile offers a 5.1-inch full HD Super AMOLED display, a 2.5 GHz quad-core processor, 16 megapixel camera, and Android 4.4.2 KitKat operating system. The mobiles will be marketed in the Chinese market through China Telecom, which currently has over 100 million 3G subscribers in the country.

Tailor-made for increased 3G/4G usage by Chinese customers, Anadigics’ PA leverages the company’s patented InGaP-Plus technology and innovative design architectures to deliver the industry's highest efficiency across all power levels. These facilitate greater talk time and longer data application use by consumers. In addition, exceptionally low current flow without the use of a DC/DC converter helps to maximize battery life in the mobiles.

Anadigics continues to support higher data usage and proliferation of high performance WiFi connectivity in mobile devices and tablets to strengthen its market position. Incremental demand for enhanced wireless connectivity in consumer devices, including smartphones and tablets, provides substantial growth opportunities for Anadigics.

Headquartered in Warren, NJ, Anadigics designs and manufactures semiconductor solutions for the broadband wireless and wireline communications markets. The company’s products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components. Armed with a diversified portfolio, Anadigics is well positioned in three fast-growing markets: 3G, WiFi and CATV (cable television).

Anadigics currently has a Zacks Rank #3 (Hold). However, stocks that are worth accumulating now include Advanced Micro Devices, Inc. (AMD) and Freescale Semiconductor, Ltd. (FSL), both carrying a Zacks Rank #1 (Strong Buy).

Read the Full Research Report on ANAD
Read the Full Research Report on SSNLF
Read the Full Research Report on AMD
Read the Full Research Report on FSL


Zacks Investment Research