Sunday, March 10, 2013

Best Stocks To Invest In 2/22/2013-3

SQNS, Sequans Communications S.A.

SQNS reported that its chips are powering a significant portion of the LTE devices to be used in the next phase of China Mobile�s large-scale trial of TD-LTE technology in China.

Two of SQNS� device manufacturer partners, Nationz and Primemobi, were awarded portions of the contract as recently announced by China Mobile. Prior to the contract awards, SQNS participated in a lengthy qualification process whereby numerous leading local and international chip and device makers underwent deep technical evaluation conducted by China Mobile and China�s Ministry of Industry and Information Technology (MIIT).

SQNS has been developing TD-LTE chips for more than two years and has provided technology to China Mobile since the operator�s first public demonstration of a TD-LTE network in 2010 and for both phases of its large-scale commercial trial that began in 2011.

In the next phase of the trial, beginning in Q4 and continuing through Q2 of 2013, China Mobile will deploy 20,000 TD-LTE base stations and extend its network to 13 cities in China.

SQNS is a 4G chipmaker, supplying LTE and WiMAX chips to original equipment manufacturers and original design manufacturers worldwide.

More about SQNS at www.sequans.com

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