Sequans Communications has launched a new business line focused on technology licensing and engineering services, marking a strategic shift beyond its traditional Internet of Things (IoT) chip business.
The French semiconductor company listed on the New York Stock Exchange said that by making its underlying designs, technologies and software in its chips available for licensing, it aims to extend into industries such as space, defence, automotive, wearables, and consumer electronics, while continuing to supply semiconductor products for the 5G/4G IoT market.
Sequans’ new offering spans radio-frequency transceiver and analogue silicon IP, modem and system-on-chip designs based on Sequans’ 5G RedCap and eRedCap technologies, as well as a carrier-grade 5G protocol stack. These are supported by engineering services to help customers adapt and embed the solutions.
The move underscores Sequans’ efforts to diversify its revenue base as demand grows for its radio-frequency and 5G technologies outside its core IoT market.
Chief Executive Georges Karam said the decision reflected “the growing demand for our core technologies across a wide range of industries,” adding that the company’s intellectual property was now being made available to partners seeking to integrate advanced radio solutions into their own platforms.
Founded in 2003, Paris-based Sequans is also unusual among chipmakers in its treasury strategy: it has become an active accumulator of Bitcoin, treating the cryptocurrency as a long-term reserve asset alongside cash generated from operations and intellectual property deals.
The company employs engineers across Europe, the US, and Asia, and has positioned itself as a supplier of low-power connectivity solutions for industrial, consumer, and AI-enabled applications.
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