Sequans Communications. "They're not making any money"

"The majority of their LTE chips won't come to market for another few quarters".

"q3 is do-or-die for them".

"they may indeed need to be absorbed by a larger entity in the semiconductor space if orders don't begin to pick up"

"At the end of June, Sequans began volume shipments of all three chips belonging to their second generation LTE platform".

"They now have more than a dozen manufacturers as customers. Each customer is planning to introduce multiple devices which means at least thirty data devices with their second generation LTE devices should be coming to market".

"They have the most advanced LTE semiconductors on the market"


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