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Telecommunications equipment industry

LTE Chipset Market Flourishing: Qualcomm, Nokia, Infineon, Apple, and Verizon Wireless Leading the Way

Strategic Insights

— 1 min read

The Long Term Evolution (LTE) technology is poised to revolutionize the wireless communication industry, with companies like Qualcomm Inc. (Nasdaq: QCOM), Nokia Corp. (NYSE: NOK), Infineon Technologies AG (NYSE: IFX), Apple Inc. (AAPL), and Verizon Wireless (NYSE: VZ) at the forefront of the innovation. The growing demand for high-speed wireless data services and mobile video has led to a surge in the adoption of LTE technology, with mobile handset makers developing phones compatible with this network. Qualcomm has introduced a new family of multi-mode chips that can support 3G HSPA and LTE technologies simultaneously, while Nokia plans to launch LTE-based mobile handsets by 2011 in partnership with Infineon.

Key Takeaways:

  • Qualcomm Inc. has introduced a new family of multi-mode chips that can support 3G HSPA and LTE technologies at the same time.
  • Nokia Corp. is expected to launch LTE-based mobile handsets by 2011, in partnership with Infineon Technologies AG.
  • Infineon Technologies AG has entered into an agreement with Nokia to develop transceiver chips for Nokia's 4G modems that use LTE technology.
  • Apple Inc. is rumored to be in talks with Verizon Wireless to introduce a new LTE-compatible iPhone.
  • The adoption of LTE technology is driving the growth of the wireless communication industry, with a surge in demand for high-speed wireless data services and mobile video.
  • The mobile handset market is expected to see a significant shift towards LTE-compatible phones in the next few years.
  • Qualcomm, Nokia, Infineon, Apple, and Verizon Wireless are leading the way in the development and implementation of LTE technology.
  • The Zacks Equity Research team provides continuous coverage of the 1,150 publicly-traded stocks, including these five companies, to help investors make informed decisions.

Statistics:

  • 1,150 publicly-traded stocks are covered by Zacks Equity Research.
  • 6-month time horizon for recommendations and target prices.
  • 3 to 1 margin of outperformance of the Zacks Rank since its inception.
  • 90% of the companies covered by Zacks Equity Research have increased their earnings estimates in the last 60 days.
  • $10,000 invested in the Zacks S&P 500 Top 10 portfolio could generate an average annual return of 21% compared to the S&P 500's 5% return.

Sources:

  • Zacks Equity Research
  • Zacks.com
  • Qualcomm Inc. (Nasdaq: QCOM)
  • Nokia Corp. (NYSE: NOK)
  • Infineon Technologies AG (NYSE: IFX)
  • Apple Inc. (AAPL)
  • Verizon Wireless (NYSE: VZ)

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