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GCTS News
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GCT Semiconductor Forms Strategic Partnership with Infrastructure Provider
GCT Semiconductor announced a strategic partnership and license agreement with a leading infrastructure provider for utilities and IoT to accelerate the development of next-generation UAV control and communication technologies. As part of this initiative, GCT is developing a defense vertical to expand its dual-use technology and support emerging mission-critical and defense applications. The collaboration combines GCT's advanced cellular and NTN expertise with the provider's industrial-grade wireless innovation and includes the integration of GCT's GDM7243i connectivity solution and IoT module. The two companies have a long history of successful cooperation in the utility sector, using GCT's IoT modules across large-scale smart metering and grid modernization projects. Building on that foundation, this new agreement expands their collaboration into new verticals - leveraging shared strengths to support emerging use cases across logistics, security, defense-related operations and more.
Company Expects 5G Shipments in H2 2026 to Exceed H1 Levels
The company continues to expect aggregate 5G shipments in the second half of 2026 to exceed first-half levels.
GCT Reports Q2 Revenue of $1M, Below Estimates
Reports Q2 revenue $1M, two estimates $3.3M. "We made continued progress during the second quarter as we advanced our 5G semiconductor platform across three key growth areas: terrestrial broadband, satellite and non-terrestrial connectivity, and IoT and specialized networks," said John Schlaefer, CEO of GCT. "5G chipset shipments increased approximately 71% sequentially from last quarter as we continued supporting customer programs across a broad range of applications, including fixed wireless access, satellite connectivity, private networks, industrial IoT and other specialized connectivity solutions. We also expanded into new connectivity markets through a recent strategic collaboration, leveraging GCT's IoT technology and module capabilities to support UAV control and communications applications across commercial and defense-related use cases. This collaboration highlights the versatility of our technology platform and our ability to address an expanding range of connectivity needs."
MaxLinear and GCT Semiconductor Announce Strategic Partnership
MaxLinear (MXL) and GCT Semiconductor (GCTS) announced a strategic partnership to develop integrated and cost-effective 5G fixed wireless access, or FWA, gateways and converged gateways for consumer and enterprise applications. The companies will demonstrate their integrated solutions at Computex Taipei, June 2-5. FWA is a growing broadband data access segments, delivering high-speed internet wherever cellular coverage is available. For enterprise customers needing reliable or flexible WAN links, converged gateways deliver continuous connectivity. MaxLinear and GCT have partnered to combine their strengths in Wi-Fi, network processing, 5G and LTE cellular technologies by pre-integrating MaxLinear Wi-Fi with GCT's cellular modem. This AnyWAN integration delivers a converged gateway solution that enables migration between multiple WAN technologies.
GCT Reports Q1 Revenue of $1.9M, Exceeding Expectations
Reports Q1 revenue $1.9M, consensus $1.8M. The Company "continues to expect sequential quarterly growth in 5G shipments throughout 2026." "Following the foundational progress of our commercial 5G operations at the end of 2025, our first quarter 2026 results demonstrate that we have now entered a new phase defined by increasing customer shipments," said John Schlaefer, Chief Executive Officer of GCT. "In the first quarter we delivered a substantial 58% sequential increase in 5G chipset shipments, a clear indicator that customers are continuing to transition from evaluation into early deployment. At the same time, we are expanding the scope and depth of our customer relationships and chipset use cases. Our broadened licensing agreement with one of the world's largest global satellite communications providers highlights the growing importance of GCT technology in enabling converged connectivity across both terrestrial and non-terrestrial networks. We view this as a multi-phase opportunity that can drive incremental adoption of our solutions over time as next generation user equipment platforms are introduced. Looking ahead, our focus remains on scaling 5G chipset production by strengthening our supply chain and operational infrastructure to support higher volumes. While we are still in the early stages of this ramp, we believe the progress achieved in the first quarter reinforces our expectation, and aligns with our previous experience in 4G. We expect sequential growth in 5G chipset shipments as commercialization ramps throughout the year."
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