- Skyworks Solutions, Inc (NASDAQ:SWKS) collaborated with Media Tek Inc (OTC:MDTKF) to offer a complete modem-to-antenna automotive-grade 5G solution.
- This 5G New Radio Sky5A RF front-end solution will accelerate the deployment of this cutting-edge protocol across an array of automotive OEM and consumer service offerings.
- The solution targeted automotive applications, supporting 3GPP R15 and R16 standards, bandwidth exceeding 100MHz, flexible antenna architectures, regional optimization, aux ports to support the addition of future bands, and complete automotive grade reliability qualification.
- Also Read: More Heat In The EV Race Gets As Sony and Honda Prepare For Premium EV Offering
- Martin Lin, deputy general manager of the Wireless Communications Business Unit at MediaTek, said, “Through this collaboration with Skyworks, MediaTek is providing OEMs and automotive customers a complete solution that offers high performance, reliability, and flexibility to meet the growing demands for bandwidth and advanced connectivity in next-generation vehicles.”
- Also Read: Warren Buffett’s Berkshire Hathaway Trim Holdings In This Tesla Competitor Again
- Price Action: SWKS shares closed higher by 3.35% at $96.35 on Friday.
CSI Compressco And 2 Other Stocks Under $2 Insiders Are Buying
The Dow Jones closed lower by around 75 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
