5G Chipset Launch and Milestones
GCT Semiconductor has successfully launched its 5G chipset as part of the 2025GCT-Year of 5G program, marking a significant milestone with customer sampling beginning in May and volume shipments expected in Q3 2025.
Strategic Partnerships
GCT announced a letter of intent with Orbic North America to develop and supply a Verizon-certified 5G module, indicating strong partnerships with major players like Globalstar, Samsung, and Kyocera.
Increased Market Opportunities
The average selling price for the 5G chipset is anticipated to be four times higher than current 4G offerings, with expectations of higher global market demand and prices for the 5G chip market.
Financial Flexibility
GCT has filed a shelf registration to provide up to $200 million in capacity, including a $75 million at-the-market facility, enhancing financial flexibility and funding options.