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MaxLinear, Inc. (NYSE: MXL) is a global, New York Stock Exchange-traded company that embodies the entrepreneurial spirit. As a fabless system-on-chip product company, MaxLinear designs highly integrated, radio-frequency, and mixed-signal communications ICs for broadband and infrastructure applications. The company is renowned for recruiting top talent worldwide and offering engaging opportunities in the broadband and infrastructure sectors.
MaxLinear's growth stems from innovative and bold solutions to some of the most challenging communication technology problems. The company originally made waves by developing the world's first high-performance TV tuner chip using standard CMOS process technology, a feat others deemed impossible. MaxLinear's success with CMOS technology led to enduring global market leadership and a diversified product portfolio.
The company's product range includes radio frequency receivers and systems-on-chips for satellite communications, cable modems, and terrestrial TV. MaxLinear's products are pivotal in capturing and processing digital and analog broadband signals, enabling the distribution and display of broadband video and data content across a wide array of electronic devices.
MaxLinear's clients include original equipment manufacturers (OEMs), module makers, and original design manufacturers (ODMs). The company continues to expand its footprint with products for data centers, metro, and long-haul fiber networks, making significant strides in enhancing connectivity and communications infrastructure globally.
- MaxLinear's innovative approach has led to significant market leadership in the communications IC space.
- The company's products are integral to the broadband and infrastructure markets.
- MaxLinear’s clientele includes major OEMs, module makers, and ODMs.
MaxLinear (NYSE: MXL) has expanded its Ethernet portfolio with the GPY241, the industry's first quad-port 2.5GBASE-T Ethernet PHY. This new device allows manufacturers to provide multiple cost-effective 2.5G ports in high-speed switches and routers. The demand for 2.5G Ethernet is rapidly increasing, with expectations to reach 1 billion ports in five years, driven by applications such as Wi-Fi 6 and 10GPON modems. The GPY241 supports various standards and boasts a compact design while ensuring energy efficiency and low power consumption.
MaxLinear, Inc. (NYSE: MXL) has announced a share buyback plan authorizing the repurchase of up to $100 million of its common stock. The buyback's execution will depend on market conditions, trading prices, and other corporate factors. The authorization is valid until February 16, 2024, and allows management discretion in transactions. CEO Kishore Seendripu expressed confidence in the company's growth prospects and commitment to enhancing shareholder value through this initiative.
MaxLinear (NYSE: MXL) has integrated its dual-band RF power amplifier (PA) linearization algorithms into NI's (NASDAQ: NATI) RFIC test software. This collaboration aims to enhance the validation of wideband cellular infrastructure PA designs, improving power efficiency and minimizing non-linear effects. This partnership addresses the growing need for efficient RF front-end designs in 5G networks, offering substantial advantages in ACLR and EVM. The integration enables engineers to reduce power consumption in 4G and 5G RF radio units, facilitating quicker product development cycles.
MaxLinear (NYSE: MXL) has announced a collaboration with Facebook Connectivity to enhance Evenstar radio units (RUs) by integrating advanced silicon technologies and radio processing algorithms. This partnership aims to improve performance and reduce costs in 4G and 5G networks within the OpenRAN ecosystem. MaxLinear's technology utilizes machine learning algorithms to increase power amplifier efficiency, potentially lowering power consumption by up to 300W for massive MIMO setups. This initiative signals a commitment to accelerate OpenRAN adoption and innovation.
MaxLinear, Inc. (NYSE: MXL) reported Q4 2020 financial results, achieving $194.7 million in net revenue, a 24% sequential increase and 178% year-on-year growth. GAAP gross margin stood at 42.7%, down from 52.3% a year earlier. Operating expenses totaled $106.7 million, equating to 55% of net revenue. Despite a GAAP diluted loss per share of $0.33, cash flow from operations improved to $74.3 million. The company expects Q1 2021 revenue of $200-$210 million, with a gross margin forecast of 51.5%-53.5%.
MaxLinear, Inc. (NYSE: MXL) has joined the O-RAN ALLIANCE, a global initiative focused on developing open, interoperable mobile networks. This membership allows MaxLinear to leverage its transceiver solutions to support operators in building cost-effective and flexible radio access networks using diverse equipment sources. The company aims to facilitate rapid deployment of next-gen 5G radio units with its advanced technology. MaxLinear emphasizes the importance of open architecture in driving innovation in the telecommunications sector.
MaxLinear, Inc. (NYSE: MXL) will release its financial results for Q4 2020 on February 3, 2021, after market close, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET). The call will be hosted by CEO Kishore Seendripu and CFO Steve Litchfield. For more details, investors can access the company's website.
MaxLinear, Inc. (NYSE: MXL) announced its participation in several upcoming financial conferences. Notable events include the 23rd Annual Needham Growth Conference on January 13, 2021, with a virtual presentation available on its Investor Relations website. Other conferences include the Morgan Stanley Technology, Media and Telecom Conference (March 1-4), SIG Ninth Annual Technology Conference (March 10), Loop Capital’s Inaugural Investor Conference (March 11-12), and Roth 2021 Conference (March 15-17). MaxLinear is recognized for its advanced RF, analog, and mixed-signal integrated circuits.
MaxLinear (NYSE: MXL) announced that the Wi-Fi Alliance has selected its WAV664 as an official Wi-Fi 6E test bed device, the second MaxLinear product to receive this recognition. The WAV664 supports speeds up to 4.8Gbps on the 6GHz band, facilitating enhanced user experiences for applications requiring high bandwidth, such as 4K and 8K video streaming. With support for 256 clients, the device optimizes network efficiency. Wi-Fi 6E certification promotes global interoperability, adding 1.2GHz of spectrum to improve capacity and reduce latency for gaming and video conferencing.
MaxLinear, Inc. (MXL) has announced the integration of its wireless transceiver chipsets within Microelectronics Technology Inc. (MTI) Remote Radio Units (RRUs) for Open RAN deployments targeting 4G and 5G applications. Open RAN allows operators to construct radio networks using interoperable equipment, enhancing flexibility and cost-efficiency. Forecasts estimate that by 2025, approximately 7 million radios will be sold annually, suggesting a significant market opportunity for semiconductor suppliers.