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Resonant Inc. (RESN) stock rises during current market. Here’s to know why?

NXTP Stock

NXTP Stock

Resonant Inc. (NASDAQ: RESN) stock gained by 17.74% in the current market trading. Resonant is revolutionizing the RFFE supply chain by delivering solutions that use RESN’s Infinite Synthesized Network design software tools platform, also their IP portfolio, and are supplied through their services offerings.

Upcoming Important Events

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Recent Development

RESN has published a white paper on the development of WiFi in order to address the rising demand for wireless data. The report, titled How WiFi Continues to Evolve to be the Solution to Wireless Data Demand, also looks at signal interference issues, WiFi’s cohabitation with 5G, and the technologies that can help address these issues.

The white paper discusses the factors driving wireless data demand growth, the distinction between licensed and unlicensed spectrum, the development of WiFi to include WiFi 6 and WiFi 6E, the problem of conflicting signals, and the critical role RF filters play in allowing WiFi and 5G cohabitation.

Mike Eddy, VP Corporate Development at Resonant stated:

Wireless data consumption is quickly increasing, owing to the pandemic’s impact on distant work and study environments, as well as new device kinds and applications. New generations of Wi-Fi are being able to assist offload some of that internet traffic due to the emergence of additional unlicensed spectrum, but signal interference and cohabitation with 5G are proving to be a headache for the industry, and ultimately for customers. Resonant’s filter solutions are leading the market in facilitating high performance across various next-generation networks, guaranteeing that various technologies can coexist while providing optimum coverage.

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