Company Website:
http://www.sequans.com
PARIS & GENEVA -- (Business Wire)
Sequans Communications S.A. (NYSE: SQNS), leading LTE-for-IoT chipmaker,
and STMicroelectronics (NYSE: STM), a global semiconductor leader
serving customers across the spectrum of electronics applications,
announced that Remo Wireless, a China-based maker of IoT devices and
integrated solutions, has selected Sequans’ and ST’s CLOE IoT tracker
platform to design into a variety of IoT tracker products for customers
in North America, Japan, and China. CLOE — connecting and locating
objects everywhere — combines Sequans’ Monarch LTE-M/NB-IoT
(Long-Term Evolution 4G technology) chip with ST’s Teseo III GNSS
(Global Navigation Satellite System) chip in an all-in-one IoT tracker
product-development solution for ODMs worldwide.
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“We selected CLOE because it delivers the most powerful IoT tracker
development solution we’ve seen anywhere by combining the best-in-class
technologies from both Sequans and ST,” said Lu Biao, senior marketing
and sales director, Remo Wireless. “CLOE is a complete and compact
pre-integrated solution that includes LTE-M, MEMS, and GNSS, and can be
expanded to include Bluetooth low energy and Wi-Fi in an extremely small
form factor. We are developing solutions including asset trackers, pets,
and kids’ trackers, on-board diagnosis II (OBDII) devices, and more.”
“Remo Wireless is a very aggressive and successful ODM and our
collaboration with them on CLOE is yielding excellent results,” said
Danny Kedar, VP, IoT Business Unit, Sequans. “CLOE’s power as a turnkey
tracker solution is being put to good use with Remo customers who are
designing highly efficient LTE for IoT trackers for several
applications.”
“CLOE is a result of our close and efficient cooperation with Sequans,
and Remo Wireless is the first ODM to benefit from it,” said Antonio
Radaelli, Infotainment BU Director, STMicroelectronics. “The tracker
products Remo is developing will benefit from CLOE’s integrated LTE-M
and GNSS capabilities that we combined to operate independently at the
lowest possible power consumption.”
A turnkey IoT tracker solution for OEMs and ODMs, CLOE integrates a
power management unit (PMU), LTE, GNSS, memories and a microcontroller
in a very small 30 x 40 mm package. CLOE is intelligently engineered to
address multiple tracking applications with best-in-class battery life,
location accuracy, reachability, mobility, and reporting periodicity.
Designed with separated GNSS, LTE-M, and application domain power
systems, CLOE allows its GNSS subsystem to continue to track while other
domains are shut down, allowing rock-bottom power consumption.
CLOE
is available now and is optimized for production based on a full bill of
materials that includes LTE, GNSS, accelerometer, power supply, battery
management, LED, and button management. The modular design enables
copy/paste to optimize BOM cost and is easily customizable.
At Mobile
World Congress, February 26 – March 1, Sequans will have on display
the Bailong Telematics LTE-M On-Board-Unit of Remo Wireless. Please
visit us in hall 5, stand 5C87.
Forward-looking
statements
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a leading provider of
single-mode 4G LTE semiconductor solutions for the Internet of Things
(IoT) and a wide range of broadband data devices. Founded in 2003,
Sequans has developed and delivered seven generations of 4G technology
and its chips are certified and shipping in 4G networks around the
world. Today, Sequans offers two LTE product lines: StreamrichLTE™,
optimized for feature-rich mobile computing and home/portable router
devices, and StreamliteLTE™, optimized for M2M devices and other
connected devices for the IoT. Sequans is based in Paris, France with
additional offices in the United States, United Kingdom, Israel, Hong
Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans
online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans
About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and
energy-efficient products and solutions that power the electronics at
the heart of everyday life. ST’s products are found everywhere today,
and together with our customers, we are enabling smarter driving and
smarter factories, cities and homes, along with the next generation of
mobile and Internet of Things devices. By getting more from technology
to get more from life, ST stands for life.augmented.
In 2017, the Company’s net revenues were $8.35 billion, serving more
than 100,000 customers worldwide. Further information can be found at www.st.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180212005285/en/
Contacts:
Sequans
Media Relations:
Kimberly Tassin, +1-425-736-0569
Kimberly@sequans.com
or
Investor
Relations:
Claudia Gatlin, +1-212-830-9080
claudia@sequans.com
or
STMicroelectronics
Michael
Markowitz, +1-781-591-0354
Director, Technical Media Relations
michael.markowitz@st.com
Source: Sequans Communications S.A.
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