(GLW)ĥG data requires a wired broadband network that connects facilities before it switches into a high-speed Wi-Fi signal for transmission, and Corning produces the fiber optic cable that makes this happen. He anticipates that this extra coverage, with more equipment needed for support and higher transmission rates, will help lengthen and strengthen the company’s growth rate, both domestically and eventually around the world.
In an interview with CNBC, former American Tower CEO Jim Taiclet explained that, in the future, cell tower sites will need to be closer together to provide uninterrupted 5G signals. The company specializes in constructing and managing neutral-host wireless networks, with an emphasis on building these networks while working with property owners to avoid intruding on their space. It’s hard to properly broadcast 5G signals without real estate on which to build reception towers, which is where American Tower comes into play. An increasing number of these chips are finding their way into smartphones.Īmerican Tower is a real estate investment trust that owns and operates cell tower sites and buildings that support internet infrastructure and mobile networks. Compared with Bluetooth, this tech pinpoints the exact location of the device it’s communicating with, which makes it a more efficient and secure alternative to Bluetooth. One area where NXP really shines is within the ultra-wideband chip market.
Photo Courtesy: sefa ozel/E+/Getty Images
#5g technology stocks Bluetooth
After a tumultuous year in 2018, including Qualcomm’s failure to purchase the company, NXP rallied in 2019 and purchased Marvell Technology’s Wi-Fi and Bluetooth connectivity chip business. In the automotive world, NXP stands out as the largest chip supplier for devices like infotainment systems and battery-management modules in electric cars. Not only does this allow users to access 5G networks whenever they’re available, but it also ensures a higher likelihood of dependable coverage if a 5G signal isn’t currently available. Photo Courtesy: Maxim Ilyahov/UnsplashĪnother area where Qualcomm has positioned itself for success as 5G networks expand is in enabling mobile devices to seamlessly switch between 4G and 5G networks and Wi-Fi connections.
#5g technology stocks software
Qualcomm also develops and provides mobile application processors and software for mobile devices and 5G wireless networks. For example, the company has created chips for smartphones, cars and various “Internet of Things” devices, and as their use becomes more widespread, demand for the tech should increase. Not only has Qualcomm historically played an important role in providing the necessary technology for 3G and 4G mobile networks, but it has also built up a broad portfolio and is set to benefit in several ways with the expansion of 5G networks.