Tuesday, February 23, 2010

YTL to purchase 1 million units of GCT's WiMAX single-chips

SAN JOSE, USA: GCT Semiconductor, a leading supplier of Mobile WiMAX solutions, has announced a purchase commitment from YTL Communications Sdn Bhd of one million units of WiMAX single-chips including GCT’s GDM7205 WiMAX single chips and GDM7215 WiMAX/WiFi dual-mode single chips.

The sign off ceremony, taking place in Kuala Lumpur, celebrates YTL Communications’ commitment and marks GCT’s dedication to fully support YTL Communications with their deployment of nation-wide 4G service in Malaysia.

GCT will share technical expertise and provide YTL Communications with the most advanced and lowest power WiMAX chips available on the market today, making YTL Communications’ vision of creating a complete eco-system with nation-wide mobile Internet service using 4G a reality. YTL Communications will consign the purchased one million units to key ODMs selected to provide innovative 4G devices to YTL Communications this year.

YTL Communications is poised to become the first in the world to launch a nation-wide 4G network offering state-of-the art mobile Internet connectivity to Malaysia. GCT is the market leader in providing WiMAX single-chip solutions worldwide, holding the largest market share based on WiMAX chipsets sold and number of WiMAX subscribers currently using GCT’s technology.

“Today’s announcement marks another important milestone for YTL Communications,” said its CEO Wing K. Lee. “Central to our ecosystem building effort is to drive economy of scale through our effort to build the world’s first nation-wide 4G network. This significant order – amongst the largest in WiMAX history – ensures our future customers will have the best price-performance in 4G products and solutions.

“GCT is a key player in the 4G chipset ecosystem with its WiMAX solution that offers class leading power consumption and mobility performance. We are confident that with GCT’s market-proven solution and expertise, we will achieve our goal to leapfrog Malaysia into a Broadband Nation,” added Lee.

“We are pleased to further participate and contribute to YTL Communications’ 4G deployment with this strong commitment,” said Dr. Kyeongho “KH” Lee, President and CEO of GCT Semiconductor. “This one million-unit commitment from YTL Communications will firmly secure GCT’s undisputed leading market share position, and allow the company to maintain more than 60 percent market share this year, with design wins from over 40 countries, including Malaysia, Korea, Japan, Russia and USA.”

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