GCT Semiconductor Holding, Inc. Common Stock Action

GCT Semiconductor Holding, Inc., operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. It offers system-on-a-chip solutions that integrate radio frequency (RF), baseband modem, and digital signal processing functions onto a single die for the 4G Long-Term Evolution and Worldwide Interoperability for Microwave Access markets. The company also provides 3G Code Division Multiple Access RF components, software, and reference designs. Its products and solutions are used in smartphones, USB dongles, wireless routers, customer premise equipment, femto access points, public safety devices, and embedded modules for notebook and tablet devices. The company sells its products directly or indirectly through distributors to original equipment manufacturers and original design manufacturers primarily in the United States, Korea, China, Japan, and Taiwan. It has strategic collaboration and investment agreements with Anapass to develop and commercialize mobile application processors for smartphones. The company was formerly known as Global Communication Technology, Inc. GCT Semiconductor Holding, Inc. was founded in 1998 and is headquartered in San Jose, California.