Explosive 3G and 4G Expansion Drives Shares of InterDigital and Powerwave Technology
January 10, 2012 08:20 ET
Explosive 3G and 4G Expansion Drives Shares of InterDigital and Powerwave Technology
Five Star Equities Provides Stock Research on InterDigital & Powerwave Technologies
NEW YORK, NY--(Marketwire - Jan 10, 2012) - Communications equipment companies are benefitting from the explosive growth of high speed 3G and 4G handset adoption. A report issued from ABI Research earlier this month argues that 3G and 4G handset shipments will capture more than 50% of total handsets shipped this year. Five Star Equities examines the outlook for the Technology Sector and provides equity research on InterDigital, Inc. (
[ www.fivestarequities.com/IDCC ]
[ www.fivestarequities.com/PWAV ]
According to ABI, in the second half of 2011, tier one smartphone vendors began redoubling efforts to promote their smartphone line-up to upwardly mobile, aspirational smartphone owners in emerging markets.
North America's high proportion of high-end 3G and 4G smartphone sales "underscores what is at stake in the patent battles between Apple, Samsung, Motorola, Google, HTC, Microsoft, and even British Telecom," says Kevin Burden, vice president and practice director, mobile devices.
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InterDigital offers technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, and IEEE 802-related products and networks. The company holds patents related to the fundamental technologies that enable wireless communications. Last month IDCC announced that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share on its common stock, payable on January 25, 2012 to shareholders of record at the close of business on January 4, 2012.
Powerwave Technologies, Inc. engages in the design, manufacture, marketing, and sale of wireless solutions for wireless communications networks worldwide. Last month the company filed a patent infringement lawsuit against Microelectronics Technology, Inc and MTI Laboratory, collectively MTI, in the United States District Court for the Central District of California, Southern Division.
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