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2 Radio Frequency Stocks to Watch in a Challenging Industry

Published 12/12/2021, 08:30 PM
Updated 07/09/2023, 06:31 AM

The Zacks Semiconductors - Radio Frequency industry is riding on rapid deployment of 5G networking, which is gaining importance from the rapid proliferation of Internet of Things (IoT), Advanced Driver Assistance Systems (ADAS) and Augmented Reality/Virtual Reality (AR/VR) devices.

Democratization of 5G smartphones is a tailwind for the industry players. This has bolstered demand for RF semiconductor products, which enhances the prospects of prominent industry players like Qorvo (NASDAQ:QRVO) QRVO and RF Industries (NASDAQ:RFIL) RFIL.

Nevertheless, lingering impacts of the coronavirus pandemic-led business volatility remain a concern.

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