GCT Semiconductor Holding, a leader in advanced 5G and 4G semiconductor solutions, has announced a landmark definitive agreement with a European tier one telecommunications provider. This collaboration will focus on the development of Fixed Wireless Access (FWA) technology powered by GCT’s cutting-edge 5G modem chipsets and RFIC solutions.
This strategic agreement builds on a Memorandum of Understanding (MOU) signed between the companies in August 2024. It signifies a strengthening of their existing partnership as they transition to next-generation 5G technologies. FWA devices arising from this collaboration are anticipated to launch in the latter half of 2025, a milestone marking GCT’s growing influence in the burgeoning 5G market.
Driving Innovation in 5G and FWA
FWA technology offers a cost-effective alternative to traditional wired broadband, making it a game-changer for delivering reliable connectivity to underserved regions. According to the Ericsson Mobility Report (June 2024), the number of global 5G FWA connections is projected to skyrocket from 30 million in 2023 to an estimated 280 million by 2029—a remarkable 800% increase.
“This collaboration represents a significant milestone in our journey to redefine connectivity through our innovative 5G solutions,” said John Schlaefer, CEO of GCT Semiconductor. “We’re excited to enhance this major partner’s 5G portfolio with high-performance FWA technology, paving the way for the next wave of wireless broadband evolution.”
Poised for Growth in a Competitive Market
With its proven track record in 4G LTE connectivity and a strong foothold in 5G chip development, GCT is well-positioned to capitalize on the explosive growth in the FWA sector. The company’s system-on-chip solutions are renowned for integrating radio frequency, baseband modem, and digital signal processing functions, offering compact, low-power, high-performance platforms for global wireless carriers.
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