Lumentum Announces Industry-First SmartTuning Multi-Source Agreement for Self-Tuning Optics to Enhance 5G Mobile Networks
Lumentum Holdings Inc. (LITE)
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Source: PR Newswire
SAN JOSE, Calif., Sept. 13, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the formation of the SmartTuning Multi-Source Agreement (MSA) group with other industry suppliers to standardize an interoperable self-tuning feature for full-band tunable dense wavelength division multiplexing (DWDM) pluggable optical transceivers. Simplified and automated optical solutions are critical to addressing the rapidly growing demand for high-capacity 5G and next-generation mobile networks. The SmartTuning MSA supports this by standardizing the self-tuning feature which will enable multi-vendor interoperability to aid the scale of 5G fronthaul applications."With the SmartTuning MSA, 5G mobile service providers will be able to better optimize their network architectures with easy-to-integrate, cost-effective, and automated optical networking solutions," said Justin Abbott, Lumentum Di
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- Lumentum Holdings Inc. (NASDAQ: LITE) had its price target raised by analysts at Raymond James from $51.50 to $58.00. They now have an "outperform" rating on the stock.MarketBeat
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