Agilent Launches Bluetooth Test - Analyst Blog
June 08 2012 - 1:13PM
Zacks
Agilent Technologies Inc. (A)
announced the availability of its Bluetooth low-energy test
solution on the N4010A wireless connectivity test set. The company
stated that Texas Instruments Inc. (TXN) was the
first to verify the product, which can be used by connectivity
chipset makers to speed up design validation for Bluetooth smart
and smart-ready devices.
Bluetooth is a wireless technology specification developed by
the Bluetooth special interest group (SIG), the founding members of
which were Ericsson, Intel Corp (INTC), Toshiba,
Nokia (NOK) and IBM (IBM). The
SIG, which now comprises several hundred members, has developed a
couple of technologies.
The smart technology usually comes with sensors, such as
heart-rate monitors, glucose meters and other health and fitness
products that basically pick up specific information (for example
heart rates in case of the heart-rate monitor) and transmit the
information to smart-ready devices.
Smart-ready devices, such as phones, computers and tablets have
dual functionality. Not only are they able to pick up information,
but they are also able to connect to other smart-ready devices and
transfer data and files.
According to IMS research, the use of Bluetooth technology in
consumer health monitoring applications will increase from less
than 40 million chips in 2009 to over 200 million in 2015. In
addition, shipments of Bluetooth smart ready handsets will exceed
370.0 million units by the end of 2012, and 1.6 billion units by
the end of 2015.
Another firm, Strategy Analytics, shows that 70.0% of all new
vehicles will have Bluetooth connectivity by 2016. Therefore,
companies will be vying with each other to launch products
incorporating the latest Bluetooth technology. This is where
Agilent should see success.
Agilent’s revenue in the second quarter of 2012 was up 6.0%
sequentially and 3.3% year over year, better than management’s
expectations of a 4-5% sequential increase ($1.70 billion to $1.72
billion).
TI’s performance was not encouraging in the first quarter of
2012, as it missed the Zacks Consensus Estimate on the bottom line.
The revenue also declined 8.0% year over year.
Currently, both Agilent Technologies Inc. and Texas Instruments
Inc. have a Zacks Rank of #3, implying a short-term Hold
recommendation.
AGILENT TECH (A): Free Stock Analysis Report
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NOKIA CP-ADR A (NOK): Free Stock Analysis Report
TEXAS INSTRS (TXN): Free Stock Analysis Report
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