For Immediate Release
Chicago, IL – December 2, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Qualcomm Inc. (QCOM), Nokia Corp. (NOK), Infineon Technologies AG (IFX), Apple Inc. (AAPL) and Verizon Wireless (VZ).
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Here are highlights from Tuesday’s Analyst Blog:
LTE Chipset Market Flourishing
Long Term Evolution (LTE) technology is ahead in the race of the most sought after next-generation (4G) wireless network standard in the market. The 4G wireless networks are aiming to cope with substantial demand for high-speed wireless data services and mobile video.
The growing acceptance of LTE technology has prompted the mobile handset makers to develop phones that will be compatible with this network. Qualcomm Inc. (QCOM), one of the key developers of Orthogonal Frequency Division Multiple Access (OFDMA) based chipsets, recently introduced a new family of multi-mode chips that can support 3G HSPA and LTE technologies at the same time.
Nokia Corp. (NOK), the largest mobile phone maker of the world, is expected to launch LTE-based mobile handsets by 2011. The company has entered into an agreement with Infineon Technologies AG (IFX) to develop transceiver chips for Nokia’s 4G modems that use LTE technology. Rumors are rife within the broadband industry of an expected deal between the iPhone maker Apple Inc. (AAPL) and Verizon Wireless (VZ) to introduce a new LTE-compatible iPhone.
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