GCT Semiconductor

GCT Semiconductor's Products

GCT Semiconductor specializes in designing and supplying advanced 4G LTE and 5G semiconductor solutions. Their product range includes 4G LTE chips and modules, IoT solutions, and cutting-edge 5G technology. GCT's LTE connectivity solutions cater to various devices such as smartphones, tablets, hotspots, USB dongles, routers, and M2M applications. The company's unique patented direct conversion architecture for 4G LTE solutions sets it apart in the market. Additionally, they offer market-proven LTE solutions that have been commercially available since 2010, including single-chip solutions with integrated RF transceiver and modem. GCT supports multiple LTE categories like Cat 19, Cat 12/15, Cat 5/6/7, and Cat 4, featuring advanced capabilities such as carrier aggregation and MIMO technology.

GCT Semiconductor's Market Presence

GCT Semiconductor is headquartered in San Jose, California, with an R&D center in Seoul, South Korea, employing over 200 employees, including more than 120 engineers. The company operates sales offices in China, the United States, Korea, Taiwan, and Japan, and distributes products through partners like Alltek Technology Corp., Sanet Electronic Co., LTD, Takachiho Koheki Co., Ltd, Daejin Semiconductor Co., Ltd, and Edom Technology. GCT collaborates with global device makers and operators to develop state-of-the-art 4G and 5G devices and has completed IOT testing, field trials, and certification with tier-one infrastructure vendors worldwide.

GCT Semiconductor's Public Listing and Financials

GCT Semiconductor completed a business combination with Concord Acquisition Corp III and is now publicly traded on the NYSE under the ticker symbol 'GCTS.' This transaction valued the company at a pro forma enterprise value of approximately $461 million at closing, with a total pro forma enterprise value of $667 million. The company received about $50 million in gross proceeds from the transaction, which will be used to finalize the development of a full-band 5G chipset portfolio and to expand into new markets. This capital influx is pivotal for GCT's ambitious growth plans and technological advancements.

GCT Semiconductor's Industry Collaborations

GCT Semiconductor actively collaborates with various industry leaders and participates in multiple industry affiliations. They have signed a Memorandum of Understanding (MOU) with Aramco to develop the 4G and 5G ecosystem in Saudi Arabia. GCT partners with companies like Airspan Networks and NextNav to integrate advanced technologies into their chipsets. Additionally, they are involved in industry affiliations such as the Bluetooth SIG, GCF, IWPC, MIPI Alliance, SD Association, Wi-Fi Alliance, and WiMAX Forum. These collaborations and affiliations help GCT stay at the forefront of technological advancements and industry standards.

GCT Semiconductor's Technological Innovations

GCT Semiconductor has developed a unique patented direct conversion architecture for its 4G LTE solutions, which enhances the performance and efficiency of their products. Their LTE solutions support various categories, including Cat 19, Cat 12/15, Cat 5/6/7, and Cat 4, and feature advanced technologies like carrier aggregation and MIMO. GCT's IoT solutions are optimized for low data, low power M2M devices, making them ideal for a wide range of applications. The company’s ongoing innovations in 5G technology and their market-proven LTE solutions highlight their commitment to advancing connectivity and communication technologies.