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SQNS Sequans Communications SA

0.49
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sequans Communications SA NYSE:SQNS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.49 0 01:00:00

Sequans and TCL Communication Extend 5G Research Partnership

16/03/2017 12:00pm

Business Wire


Sequans Communications (NYSE:SQNS)
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Joint innovation strategy and cooperation accelerates 5G development

LTE for IoT chipmaker Sequans Communications S.A. (NYSE: SQNS) announced the renewal of its 5G research partnership agreement with leading global smartphone manufacturer TCL Communication. The agreement is an extension of an earlier agreement the two companies executed in March of 2015 whereby TCL Communication and Sequans agreed to jointly develop next generation 5G wireless technologies in order to accelerate their development. The collaboration of TCL Communication and Sequans has already yielded a number of important proposals to the future standard, based on innovation in key 5G areas such as wearables, smart use of unlicensed spectrum, vehicle-to-vehicle communications, and 5G new radio.

“The development of the 5G standard is now moving ahead at full speed and our collaboration with TCL is yielding key technological advancements that will directly impact the connected world of the future and the Internet of Things,” said Georges Karam, Sequans CEO. “Our continuing partnership with TCL positions us to be leaders in 5G, in both enhanced broadband and massive IoT.”

“We are very pleased to continue our successful collaboration on 5G research with Sequans as a key partner,” said Alain Lejeune, SVP of TCL Communication and general manager of TCL’s Worldwide Mobile Division. “Sequans’ expertise combined with TCL Communication’s vast reach as a leader in the global smartphone industry puts us in a unique position to contribute significantly towards meeting 5G expectations and requirements.”

“We are working on the advanced technologies identified in the 5G framing exercises of the 3GPP, an organization to which we have been contributing for more than a decade,” said Karam. “Also through extending our collaboration with TCL, we aim to build a larger European consortium to address key challenges of 5G within the context of the 5G Infrastructure Association, an organization coordinating 5G research in Europe.”

Both TCL Communication and Sequans have recently opened R&D centers in Sophia Antipolis, the Cote d’Azur’s science and technology hub, putting the two R&D teams in close proximity and further streamlining the two companies’ successful 5G collaboration.

Forward looking statements

About Sequans Communications

Sequans Communications S.A. (NYSE: SQNS) is a leading provider of single-mode 4G LTE semiconductor solutions for the Internet of Things (IoT) and a wide range of broadband data devices. Founded in 2003, Sequans has developed and delivered seven generations of 4G technology and its chips are certified and shipping in 4G networks around the world. Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for feature-rich mobile computing and home/portable router devices, and StreamliteLTE™, optimized for M2M devices and other connected devices for the IoT. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans

About TCL Communication

TCL Communication Technology Holdings Limited (“TCL Communication” or the “Company”) together with its subsidiaries and its affiliates (collectively the “Group”) designs, manufactures and markets an expanding portfolio of mobile and internet products worldwide under three key brands – Alcatel, TCL and BlackBerry. The Group’s portfolio of products is currently sold in China and over 160 countries throughout North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. According to telecommunication research firm Gartner and company’s data, the Group ranked No. 7 and No. 10 among global phone manufacturers and global smartphone manufacturers respectively in the third quarter of 2016. The Group also ranked No. 7 among global tablet manufacturers. Incorporated in Hong Kong, China, TCL Communication operates its highly efficient manufacturing plant and R&D centers in various provinces and cities of the PRC. It employs around 12,000 people in China, Hong Kong and overseas. For more information, please visit its website at http://tclcom.tcl.com.

TCL is a registered trademark of TCL Corporation. All other trademarks are the property of their respective owners. Alcatel is a trademark of Alcatel-Lucent used under license by TCL Communication Technology Holdings Limited.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Sequans Communications S.A.Media relations:Kimberly Tassin (USA), +1-425-736-0569kimberly@sequans.comorInvestor relations:Claudia Gatlin (USA), +1-212-830-9080claudia@sequans.com

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