Sequans Communications S.A. is a leading provider of cellular semiconductor solutions for the Internet of Things (IoT) and other wireless communication applications. The company specializes in designing and manufacturing advanced chips that enable devices to connect to cellular networks, supporting a wide range of applications including smart cities, wearable technology, and industrial automation. With a strong focus on developing solutions for 4G LTE and 5G networks, Sequans aims to facilitate the growth of connected devices by delivering high-performance, low-power, and cost-effective connectivity technologies for various industry sectors.
Sequans Communications shares surge following a $200 million deal with Qualcomm to sell its 4G IoT technologies, while retaining its 5G technology and boosting its balance sheet.
Advances on Key Business Initiatives.Reports First Quarter 2024 Summary Financial Results.Paris, France--(Newsfile Corp. - June 18, 2024) - Sequans Communications...