Combines Skyworks’ Industry Leading RF
Front-end Module Capabilities with Sequans’ Monarch Chip to
Capitalize on Growing Demand for Embedded Cellular Connectivity
Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high
performance analog semiconductors connecting people, places and
things, and Sequans Communications S.A. (NYSE: SQNS), a 4G
chipmaker and leading provider of LTE chips for wireless device
manufacturers worldwide, announced they have delivered the world’s
first solution optimized for LTE Category M (Cat M) applications
addressing the growing demand for embedded cellular connectivity
across the Internet of Things (IoT). The device leverages Skyworks’
half-duplex RF front-end module and Sequans’ new Monarch LTE Cat M
single chip to deliver a highly integrated, turn-key solution based
on Release 13 of the 3GPP LTE standard. The Skyworks/Sequans
platform, which is scalable to operator requirements worldwide,
simplifies the design process, shortens OEM development time and
significantly accelerates the launch of next generation LTE-based
devices targeting low data rate, low power applications.
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“Sequans is excited to be partnering with Skyworks to create a
very highly integrated solution for LTE Cat M applications,” said
Craig Miller, vice president of marketing for Sequans. “Our
complete end-to-end solution, which is expected to be the dominant
deployment method for LTE Cat M devices, provides customers with a
powerful, cost-effective product that delivers industry-leading
size and power efficiency, as well as support for low and mid
frequency bands.”
“Skyworks’ collaboration with Sequans combines the best-in-class
capabilities of both companies,” said Carlos Bori, vice president
of marketing for Skyworks. “We have focused on developing a
comprehensive transmit/receive solution for the new wave of devices
spanning the Internet of Things that will operate ultra-efficiently
across numerous frequency bands around the world. OEMs will find
the device easy to design and integrate into their
applications.”
According to ABI Research, cellular/wide-area Internet of Things
shipments will exceed one billion units over the next five years.
In addition, the GSMA says cellular M2M connections could grow from
around 300 million devices today to as many as two billion in 2020.
Increasingly, IoT developers are choosing LTE for their
connectivity as they realize that technologies like Cat M meet
challenging cost and power efficiency needs while providing
valuable longevity through a reliable, global connectivity standard
like LTE.
About Skyworks’ and Sequans’ Solution
Sequans’ Monarch LTE Cat M single chip supports both Category M1
and M2 of the narrowband LTE user equipment categories defined in
3GPP Release 13. The Monarch chip integrates the baseband, RF
transceiver, memory and power management functionality in a small
6.5 x 8 mm package, and is optimized for half-duplex FDD with
intelligent on-chip RF filtering for global band support. When
combined with Skyworks’ SKY68000-11 front-end module, an
ultra-compact, fully integrated multi-band solution integrating all
the active and passive RF front-end components, the solution
provides one of the most highly optimized LTE platforms for IoT
applications available today.
For a complete listing of solutions from Skyworks, please visit
us at www.skyworksinc.com. For more information about Sequans
product offering, please visit us at www.sequans.com.
About LTE Category M
The deployment of 3GPP Release 13 LTE networks and devices
supporting Category M1 and M2 is expected to commence with trials
in 2016 and commercialization in 2017. These low-cost/low-power
narrowband connectivity solutions will enable low data rate
applications and will find high usage in large scale deployments
such as smart meters, sensors and monitors for the smart city,
agriculture, industrial, the environment and the smart home,
consumer and healthcare wearables, and ubiquitous asset tracking
tags for vehicles, cargo, children, the elderly, pets and even
luggage.
Technical Note to Editors
What is now known as Category M1 was formerly called Category M.
Cat M1 specifies operation in 1.4 MHz bandwidth channels, providing
approximately 300 kbps downlink and 375 kpbs uplink speeds in
half-duplex FDD. Category M2 was formerly called narrowband IoT
(NB-IoT). Cat M2 specifies operation in 200 kHz bandwidth channels,
providing approximately 40 kbps downlink and 55 kbps uplink speeds
in half-duplex FDD. With the completion of 3GPP Release 13, the M1
and M2 category designations will become official.
Skyworks at Mobile World Congress
Representatives from Skyworks will be in Hall 2, Stand 2F18.
Sequans at Mobile World Congress
Representatives from Sequans will be in Hall 7, Stand 7I81.
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is an LTE 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 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.
About Skyworks
Skyworks Solutions, Inc. is empowering the wireless networking
revolution. Our highly innovative analog semiconductors are
connecting people, places, and things, spanning a number of new and
previously unimagined applications within the automotive,
broadband, cellular infrastructure, connected home, industrial,
medical, military, smartphone, tablet and wearable markets.
Headquartered in Woburn, Massachusetts, Skyworks is a global
company with engineering, marketing, operations, sales, and service
facilities located throughout Asia, Europe and North America. For
more information, please visit Skyworks’ website at:
www.skyworksinc.com.
Sequans Forward Looking Statements
This press release may contain projections or other
forward-looking statements regarding future events or Sequans
Communications’ future financial performance. All statements other
than present and historical facts and conditions contained in this
release, including any statements regarding Sequans Communications’
future results of operations and financial positions, business
strategy, plans and objectives for future operations, are
forward-looking statements (within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended).
These statements are only predictions and reflect Sequans
Communications’ current beliefs and expectations with respect to
future events and are based on assumptions and subject to risk and
uncertainties and subject to change at any time. Sequans
Communications operates in a very competitive and rapidly changing
environment. New risks emerge from time to time. Given these risks
and uncertainties, you should not place undue reliance on these
forward-looking statements. Actual events or results may differ
materially from those contained in the projections or
forward-looking statements.
Some of the factors that could cause actual results to differ
materially from the forward-looking statements contained herein
include, without limitation: (i) the contraction or lack of growth
of markets in which Sequans Communications competes and in which
its products are sold, including the LTE market, (ii) unexpected
increases in Sequans Communications’ expenses, including
manufacturing expenses, (iii) inability to adjust spending quickly
enough to offset any unexpected revenue shortfall, (iv) delays or
cancellations in spending by Sequans Communications’ customers, (v)
unexpected average selling price reductions, (vi) the significant
fluctuation to which Sequans Communications’ quarterly revenue and
operating results are subject due to cyclicality in the wireless
communications industry and transitions to new process
technologies, (vii) Sequans Communications’ inability to anticipate
the future market demands and future needs of its customers, (viii)
Sequans Communications’ inability to achieve new design wins, and
(ix) other factors detailed in documents filed from time to time
with the Securities and Exchange Commission. Forward-looking
statements in this release are made pursuant to the safe harbor
provisions contained in the Private Securities Litigation Reform
Act of 1995.
Skyworks Safe Harbor Statement
This news release includes "forward-looking statements" intended
to qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include without limitation information
relating to future results and expectations of Skyworks (e.g.,
certain projections and business trends). Forward-looking
statements can often be identified by words such as "anticipates,"
"expects," "forecasts," "intends," "believes," "plans," "may,"
"will," or "continue," and similar expressions and variations or
negatives of these words. All such statements are subject to
certain risks, uncertainties and other important factors that could
cause actual results to differ materially and adversely from those
projected, and may affect our future operating results, financial
position and cash flows.
These risks, uncertainties and other important factors include,
but are not limited to: uncertainty regarding global economic and
financial market conditions; the susceptibility of the
semiconductor industry and the markets addressed by our, and our
customers', products to economic downturns; the timing,
rescheduling or cancellation of significant customer orders and our
ability, as well as the ability of our customers, to manage
inventory; losses or curtailments of purchases or payments from key
customers, or the timing of customer inventory adjustments; the
availability and pricing of third-party semiconductor foundry,
assembly and test capacity, raw materials and supplier components;
changes in laws, regulations and/or policies that could adversely
affect either (i) the economy and our customers’ demand for our
products or (ii) the financial markets and our ability to raise
capital; our ability to develop, manufacture and market innovative
products in a highly price competitive and rapidly changing
technological environment; economic, social, military and
geo-political conditions in the countries in which we, our
customers or our suppliers operate, including security and health
risks, possible disruptions in transportation networks and
fluctuations in foreign currency exchange rates; fluctuations in
our manufacturing yields due to our complex and specialized
manufacturing processes; delays or disruptions in production due to
equipment maintenance, repairs and/or upgrades; our reliance on
several key customers for a large percentage of our sales;
fluctuations in the manufacturing yields of our third-party
semiconductor foundries and other problems or delays in the
fabrication, assembly, testing or delivery of our products; our
ability to timely and accurately predict market requirements and
evolving industry standards, and to identify opportunities in new
markets; uncertainties of litigation, including potential disputes
over intellectual property infringement and rights, as well as
payments related to the licensing and/or sale of such rights; our
ability to rapidly develop new products and avoid product
obsolescence; our ability to retain, recruit and hire key
executives, technical personnel and other employees in the
positions and numbers, with the experience and capabilities, and at
the compensation levels needed to implement our business and
product plans; lengthy product development cycles that impact the
timing of new product introductions; unfavorable changes in product
mix; the quality of our products and any remediation costs;
shorter-than-expected product life cycles; problems or delays that
we may face in shifting our products to smaller geometry process
technologies and in achieving higher levels of design integration;
and our ability to continue to grow and maintain an intellectual
property portfolio and obtain needed licenses from third parties,
as well as other risks and uncertainties, including, but not
limited to, those detailed from time to time in our filings with
the Securities and Exchange Commission.
The forward-looking statements contained in this news release
are made only as of the date hereof, and we undertake no obligation
to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
Note to Editors: Skyworks and Skyworks Solutions are trademarks
or registered trademarks of Skyworks Solutions, Inc. or its
subsidiaries in the United States and in other countries. All other
brands and names listed are trademarks of their respective
companies.
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version on businesswire.com: http://www.businesswire.com/news/home/20160222005321/en/
Skyworks Solutions, Inc.Media Relations:Pilar Barrigas,
949-231-3061orInvestor Relations:Stephen Ferranti,
781-376-3056orSequans Communications S.A.Media
Relations:Kimberly Tassin, 425-736-0569orInvestor
Relations:Claudia Gatlin, 212-830-9080
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