Market Overview

China Mobile Selects Sequans Chips for LTE Devices

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Sequans Communications S.A. (NYSE: SQNS) announced
that its chips are powering a significant portion of the LTE devices to
be used in the next phase of China Mobile's (NYSE: CHL) large-scale trial of TD-LTE
technology in China. Two of Sequans' device manufacturer partners,
Nationz and Primemobi, were awarded portions of the contract as recently
announced by China Mobile. Prior to the contract awards, Sequans
participated in a lengthy qualification process whereby numerous leading
local and international chip and device makers underwent deep technical
evaluation conducted by China Mobile and China's Ministry of Industry
and Information Technology (MIIT). Sequans has been developing TD-LTE
chips for more than two years and has provided technology to China
Mobile since the operator's first public demonstration

See full press release

Posted-In: News Guidance Contracts Asset Sales Management Global

 

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