MaxLinear and GCT Semiconductor Announce Strategic Partnership
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
MaxLinear (MXL) and GCT Semiconductor (GCTS) announced a strategic partnership to develop integrated and cost-effective 5G fixed wireless access, or FWA, gateways and converged gateways for consumer and enterprise applications. The companies will demonstrate their integrated solutions at Computex Taipei, June 2-5. FWA is a growing broadband data access segments, delivering high-speed internet wherever cellular coverage is available. For enterprise customers needing reliable or flexible WAN links, converged gateways deliver continuous connectivity. MaxLinear and GCT have partnered to combine their strengths in Wi-Fi, network processing, 5G and LTE cellular technologies by pre-integrating MaxLinear Wi-Fi with GCT's cellular modem. This AnyWAN integration delivers a converged gateway solution that enables migration between multiple WAN technologies.
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Analyst Views on GCTS
Wall Street analysts forecast GCTS stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.730
Low
3.00
Averages
3.50
High
4.00
Current: 3.730
Low
3.00
Averages
3.50
High
4.00
About GCTS
GCT Semiconductor Holding, Inc. is a fabless semiconductor company. The Company specializes in the design, manufacturing, and sale of communication semiconductors, including high-speed wireless communication technologies such as 5G/4.75G/4.5G/4G transceivers radio frequency (RF) and modems, which are essential for a variety of industrial, business to business (B2B) and consumer applications. Its product portfolio includes radio frequency and modem chipsets based on fourth generation (4G) Long Term Evolution (LTE) technology, offering a variety of chipsets differentiated by speed and functionality, which include 4G LTE, 4.5G LTE Advanced (twice the speed of LTE), and 4.75G LTE Advanced-Pro (four times the speed of LTE) chipsets. The Company also develops and sells cellular internet of things (IoT) chipsets for low-speed mobile networks such as eMTC/NB- IOT/Sigfox, and other network protocols.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Cost Optimization Benefits: The companies stated that this integration will help OEMs reduce deployment costs and accelerate the development of cost-optimized FWA gateways, thereby enhancing market competitiveness and product delivery efficiency.
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- Significant Revenue Increase: The company reported net revenues of $1.9 million, a 287% year-over-year increase, primarily driven by a $400,000 rise in product sales and a $1 million increase in service revenues, highlighting the acceleration of its commercialization efforts in the 5G market.
- Margin Improvement: Gross margin rose to 49% from 18% in the previous quarter, attributed to higher service revenues and increased sales of 5G products, with expectations that margins will stabilize between 35% and 40% as product shipments scale up.
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