Sequans Communications announced finsncial results for 2q2012. Revenue of US$7 million (+71% qq and -77% yy). The sequential increase reflects an increase in shipments of LTE products...
"We achieved a very important milestone for the company at the end of June when we began volume shipments of all three chips in our second generation LTE platform. We also achieved true, sustained 150 Mbps throughput over a 20 MHz FDD channel, showing that our currently-shipping platform provides the highest possible LTE performance. We made key technology announcements regarding interference mitigation technology and a new reference solution for mobile 4G Voice over LTE. Based on the advanced capabilities of our LTE platform, we achieved design wins in several countries, and we strengthened our relationships with several key operators via collaboration on additional advanced features and capabilities, setting the stage for more progress in the future," said Mr. Karam, Sequans CEO. \marketwatch.com
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