Improvement in technology and wireless connections such as 5G is very important to various industries such as telecommunications, software production, infrastructures, and event semiconductors. Since many have been switching from 4G to 5G and there are billions of dollars in investments, many investors see that 5G has yet to reach its full potential.
Here is a summary of Insider Monkey’s 10 Best 5G Stocks to Buy Now
Nokia Corporation plans to tap into the Chinese market for 5G radio projects and they currently have a partnership with T-Mobile. Telefonaktiebolaget LM Ericsson has new 5G contracts has been recently chosen by Belgium’s Telenet Group for its 5G wireless network.
Marvell Technology Group Ltd. recently partnered with Samsung to develop a new System-on-Chip (SoC) which will be integrated into Massive MIMO and advanced radios. Skyworks Solutions, Inc. launched its 5G platform called Sky5 in 2019 and is looking into diversifying into internet and smart homes.
Qorvo, Inc. is a semiconductor company that enables 5G infrastructure in the U.S. and global markets. They offers a broad range of RF connectivity solutions and chips. Broadcom Inc. completed its 5G switching portfolio designed to enable the end-to-end networks.
T-Mobile US, Inc. is the biggest beneficiaries of the 5G revolution as it claims that its 5G network is 3.5 times bigger than Verizon’s and reaches over 200 million people. Verizon Communications Inc. on the other hand leads bidder in a recent government auction for 5G airwaves in the U.S, with a $45 billion offer. The company is already offering 5G services in many states.
QUALCOMM Incorporated offers various products for the 5G infrastructure. Its 5G Mobile platforms offer modem-to-antenna system solution for 5G multimode devices. According to data by IPlytics Platform, the company is a leader in the 5G patent/patent family classifications. NVIDIA Corporation is working on hardware and software fit for the futuristic 5G networks and higher speeds. The company’s computing architecture CloudXR is also designed for 5G to render high-quality AR/VR content at the edge and stream it over the 5G networks.
Read more of Insider Monkey’s 10 Best 5G Stocks to Buy Now here.