GCT Semiconductor Signs MOU with Samsung to Accelerate the Development of 4G/5G Chipsets and Modules
GCT Semiconductor Holding, Inc. (GCTS)
Company Research
Source: Business Wire
GCT aims to advance 4G/5G solutions and further expand its ecosystem worldwide SAN JOSE, Calif.--(BUSINESS WIRE)--GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and supplier of advanced 4G and 5G semiconductor solutions, today announced the signing of a Memorandum of Understanding (MOU) with Samsung Electronics Co., Ltd (Samsung) that aims to accelerate the development of 4G/5G chipsets and modules, as well as drive the adoption by device makers. GCT will work together with Samsung to promote the total Samsung/GCT solution and to strengthen the ecosystem of OEM/ODM device makers in order to support wireless operators worldwide, including the Saudi Arabian oil group Aramco, in the 450 MHz and 4.0 GHz business, mission-critical public safety, and more.With the growing need to connect everyone and everything, 5G plays a crucial role in delivering higher data speed, higher reliability and massive network capacity. Using GCT’s 5G chip, GCT is focused on advancin
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GCTS
News
- Strategic Partnership of Five Tech Leaders for End-to-End Solutions Within 450MHz Ecosystems [Yahoo! Finance]Yahoo! Finance
- Strategic Partnership of Five Tech Leaders for End-to-End Solutions Within 450MHz EcosystemsBusiness Wire
- GCT Semiconductor Holding, Inc. to Present at the 2024 Gateway Conference on September 4thGlobeNewswire
- GCT Semiconductor gains as B. Riley starts coverage with Buy [Seeking Alpha]Seeking Alpha
- GCT Semiconductor Holding, Inc. (NYSE: GCTS) is now covered by analysts at B. Riley. They set a "buy" rating and a $8.00 price target on the stock.MarketBeat
GCTS
Sec Filings
- 9/27/24 - Form 4
- 8/23/24 - Form 4
- 7/5/24 - Form 4
- GCTS's page on the SEC website