Sequans and Foxconn Subsidiary Socle Form LTE for IoT Strategic Partnership
January 11 2016 - 8:00AM
Business Wire
Collaboration to expand Sequans’
portfolio of SoC products optimized for various IoT
applications
LTE chipmaker Sequans Communications S.A. (NYSE: SQNS) and
system-on-chip designer Socle Technology Corp., a fully-owned
subsidiary of Foxconn, the world’s largest electronics
manufacturer, announced a strategic partnership to address the
global market for the LTE-enabled Internet of Things (IoT). The
purpose of the partnership is to bring to market specialized and
highly integrated system-on-chip (SoC) LTE solutions to address the
wide range of IoT/M2M applications that require wireless LTE
connectivity.
With Sequans’ leading LTE technology and Socle’s SoC expertise
and rich IP portfolio, the two parties will develop a family of LTE
SoC solutions meeting the low power, low cost, processing, and
interface requirements of a wide variety of M2M and IoT
applications. The resulting solutions will be used by Sequans to
expand its StreamliteLTE family of chipset products and by Foxconn
to serve their IoT customers. The first product is expected to
sample in 2016.
Socle is a leading provider of customized SoC solutions for
Foxconn customers making tablets, smartphones and IoT devices.
Sequans is a leader in LTE for IoT chipsets and is developing
solutions supporting 3GPP Release 13 category M (CAT M) and NB-IoT
capabilities. Sequans was the first to introduce an IoT-optimized
category 1 (CAT 1) LTE chipset that is available now and deploying
on existing LTE networks.
“Socle is an expert in SoC design, and we expect this
partnership to yield a family of highly integrated solutions
optimized for a variety of IoT segments,” said Georges Karam, CEO,
Sequans. “I believe we have a compelling strategy, combining
best-in-class technologies and access to new markets with
privileged access to Foxconn IoT customers.”
“Sequans is the leader in LTE for IoT chipsets, and we are
pleased to establish this alliance,” said Stone Peng, president,
Socle Technology Corp. “Our collaboration will allow us to bring
best-in-class IoT-optimized LTE solutions to market quickly and to
be very responsive to market needs as the LTE for IoT market
continues its rapid development.”
About Socle Technology Corp.
Socle Technology Corporation provides platform system on chip
(SoC) solutions and IC design services. Its services include
platform SoC services that comprise prototyping, chip design, and
system design; SoC-ImP, a design implementation platform for a
time-to-market and first-cut-work driven SoC implementation;
intellectual property products to facilitate SoC development; and
turnkey services ranging from wafer sort, assembly process, final
test, and packaging to delivery. www.socle-tech.com.tw
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker and
leading provider of single-mode LTE chipset solutions to wireless
device manufacturers worldwide. Founded in 2003, Sequans has
developed and delivered six generations of 4G technology and its
chips are certified and shipping in 4G networks, both LTE and
WiMAX, 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 Internet of Things.
Sequans is based in Paris, France with additional offices in the
United States, United Kingdom, Israel, Hong Kong, Singapore,
Taiwan, South Korea, and China. Visit Sequans online
at www.sequans.com, www.facebook.com/sequans,
www.twitter.com/sequans.
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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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