On Wednesday, Shares of Skyworks Solutions Inc (NASDAQ:SWKS), added 0.43% and closed at $77.66 in the last trading session. The last trading range of the stock ranges between $74.50 and $78.24. Skyworks Solutions, Inc. (SWKS), an innovator of high performance analog semiconductors connecting people, places and things, recently launched its portfolio of cable TV (CATV) infrastructure solutions targeting DOCSIS 3.1 and EuroDOCSIS 3.1 cable applications. Skyworks’ suite of products includes ultra-linear RF amplifiers – the first devices commercially available for frequencies up to 1218 MHz in Europe – optimized to support high signal fidelity. By combining world-class linearity with industry-leading reliability, these products ensure ultra-fast data throughput and high quality streaming while minimizing downtime for Multiple System Operators (MSOs) and paving the way for hybrid fiber coaxial (HFC) systems capable of greater data speeds. Skyworks has already secured a key design win with a major European CATV OEM.
“The pace of technology is continually changing the way consumers receive information and entertainment,” said Carlos Bori, vice president of sales and marketing for Skyworks. “At Skyworks, we are supporting this massive upsurge in data requirements for consumers around the world via smartphones, the connected car and wearables, in addition to equipment and services into the home. With our newest suite of solutions for network operators, Skyworks is addressing the growing CATV market, enabling the delivery of new, high speed data channels while providing MSOs the ability to continue pushing fiber networks deeper into their infrastructure platforms.”
Public Service Enterprise Group Inc. (NYSE:PEG), dropped -3.38% and closed at $40.63 in the last trading session. The last trading range of the stock ranges between $40.53 and $41.56. The company’s Market capitalization is $20.64 Billion with the total Outstanding Shares of 505.00 million. PSEG Solar Source recently declared it has attained a 16.8 MW-dc solar energy facility from Ecoplexus Inc. The PSEG Turkey Creek Solar Energy Center is located in Northampton County, N.C. about 95 miles northeast of Raleigh.
The PSEG Turkey Creek Solar Energy Center has a power purchase agreement with Virginia Electric and Power Company. It sits on about 75 acres under a 35-year lease with a private landowner. This is the second project in which PSEG Solar Source and Ecoplexus have been partners. The two companies collaborated on the PSEG Meadows Solar Center in Martin County, N.C. which went online in June.