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MarketScreener Homepage  >  Equities  >  Nyse  >  Keysight Technologies Inc    KEYS

KEYSIGHT TECHNOLOGIES INC

(KEYS)
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Keysight Technologies : Qualcomm Demonstrate Industrial IoT Application Using 5G Technology more+

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02/12/2019 | 11:40am EDT

SANTA ROSA, Calif., February 12, 2019

Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers, and governments accelerate innovation to connect and secure the world, announced that at CES 2019, the company's 5G network emulation solution was used to showcase an industrial internet of things (IIoT) application from NAVER LABS with Qualcomm® 5G technology.

This proof-of-concept demonstration used the Qualcomm® Snapdragon™ X50 5G modem from Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, and Keysight's 5G network emulation solution to control NAVER's AMBIDEX industrial robotic arm. 5G networks will revolutionize IIoT to support reduced latencies, higher reliability, and a greater number of connected devices. The third-generation partnership project (3GPP) will include support for 5G NR ultra-reliable low-latency communication (URLLC) features and capabilities in its Release 16, enabling mobile operators and enterprises to address a diverse range of high-performance industrial use-cases.

'This demonstration, which paves the way for commercializing 5G-based industrial IoT in the near future, is another positive outcome of our over three-year-long close collaboration with Keysight to accelerate the development of 5G technologies,' said Jeffery Torrance, vice president, business development at Qualcomm Technologies, Inc. 'We have collectively achieved several significant industry milestones, including the successful demonstration of a 3GPP 5G NR standalone (SA) mode IP data transfer. This demonstration used Keysight's 5G network emulation solutions and a mobile smartphone form-factor test device consisting of a 5G modem and antenna modules from Qualcomm Technologies, Inc., announced in December last year.'

Keysight's 5G network emulation solution leverages Keysight's UXM 5G Wireless Test Platform, to support device validation across protocol, radio frequency (RF) and radio resource management (RRM) in both low band and mmWave spectrum. The platform was used to gain industry-first approval from Global Certification Forum (GCF) for 5G New Radio (NR) Non-Standalone (NSA) test cases.

'This joint demonstration highlights the impact Keysight's close collaborations with innovators such as Qualcomm Technologies have on the wireless industry,' said Kailash Narayanan, vice president and general manager of Keysight's wireless test group. 'Keysight is playing a key role in accelerating deployment of new 5G applications, including those supporting Industrial IoT, by enabling the mobile ecosystem and vertical industries to confidently evolve with the latest standards.'

About Keysight in 5G

Keysight's industry-first 5G end-to-end design and test solutions enable the mobile industry to accelerate 5G product design development from the physical layer to the application layer and across the entire workflow from simulation, design, and verification to manufacturing, deployment, and optimization. Keysight offers common software and hardware platforms compliant to the latest 3GPP standards, enabling the ecosystem to quickly and accurately validate 5G chipsets, devices, base stations and networks, as well as emulate subscriber behaviour scenarios. Additional information about Keysight's 5G solutions is available at www.keysight.com/find/5G.

About Keysight Technologies

Keysight Technologies, Inc. (NYSE: KEYS) is a leading technology company that helps enterprises, service providers, and governments accelerate innovation to connect and secure the world. Keysight's solutions optimize networks and bring electronic products to market faster and at a lower cost with offerings from design simulation, to prototype validation, to manufacturing test, to optimization in networks and cloud environments. Customers span the worldwide communications ecosystem, aerospace and defense, automotive, energy, semiconductor and general electronics end markets. Keysight generated revenues of $3.9B in fiscal year 2018. More information is available at www.keysight.com.

# # #

Additional information about Keysight Technologies is available in the newsroom at https://www.keysight.com/go/news, and on Facebook, Google+, LinkedIn, Twitter and YouTube.

Contact:

Geri Lynne LaCombe, Americas/Europe
+1 303 662 4748
geri_lacombe@keysight.com

Fusako Dohi, Asia
+81 42 660-2162
fusako_dohi@keysight.com

Disclaimer

Keysight Technologies Inc. published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 16:39:03 UTC

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Financials ($)
Sales 2019 4 261 M
EBIT 2019 864 M
Net income 2019 505 M
Debt 2019 1 045 M
Yield 2019 -
P/E ratio 2019 33,07
P/E ratio 2020 27,18
EV / Sales 2019 4,34x
EV / Sales 2020 3,68x
Capitalization 17 443 M
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Mean consensus BUY
Number of Analysts 9
Average target price 97,2 $
Spread / Average Target 4,8%
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NameTitle
Ronald S. Nersesian President, Chief Executive Officer & Director
Paul N. Clark Non-Executive Chairman
Neil P. Dougherty Chief Financial Officer & Senior Vice President
Jay A. Alexander Chief Technology Officer & Senior Vice President
James G. Cullen Independent Director
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