MaxLinear, Inc. (NASDAQ: MXL), announced the next-generation MODEM development within its MxL852xx product line. This fully integrated System on Chip (SoC) is designed for wireless transport networks. MaxLinear, in collaboration with Aviat Networks (NASDAQ: AVNW), created the single-chip solution to enable network OEMs and operators to deliver ultra-high-capacity payloads, over longer distances, with the lowest possible total cost of ownership.
Wireless transport is expected to account for 65% of global backhaul links from 2021 to 2027 (GSMA/ABI, 2021), while the cumulative revenues for the wireless transmission market over the five years from 2022 to 2026 are expected to grow to $17.2 billion, including the millimeter wave transport market which is estimated to grow at 27% CAGR over the same five-year period (Dell’Oro Group, June 2022).
Operators worldwide are now planning and implementing 5G radio network deployments that are driving a dramatic step in increased capacity requirements in the Radio Access Network.
This is pressuring the transport industry to devise more innovative ways to backhaul this sizeable, expected increase in data while relying on existing frequency spectrum resources. The MxL852xx is a novel SoC from MaxLinear designed to support the full functionality of legacy requirements while at the same time delivering next-generation features to increase spectrum efficiency and wider channel bandwidths to drive more capacity with lower CAPEX and OPEX.
MXL shares gathered $1.74, or 5.3%, to $34.88, while AVNW dipped four cents to $25.88.