Sequans Communications

Cellular IoT (5G/4G) chipmaker.

Ticker
NYSE: SQNS
Headquarters
COLOMBES, FR
Founded
2003
Revenue
$48M (FY2017)
Net income
$58M
Operating margin
144.1%
Market position
niche
Value-chain segment
Edge & IoT SoC

About Sequans Communications

Sequans Communications is a fabless semiconductor company that designs, develops, and markets integrated circuits ("chips") and modules for 4G and 5G cellular IoT devices. The company is based in Paris, France with offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Taiwan, South Korea, Finland and China. The company was founded as a société anonyme in October 2003 by Georges Karam. It originally focused on the WiMAX market and expanded to the LTE market in 2009, dropping WiMAX altogether in 2011. Today the company develops and delivers only LTE chips and modules for the global 5G/4G cellular IoT market. Sequans was listed on the New York Stock Exchange in April 2011. Karam is the company's CEO.

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