GCT Semiconductor's shares surge after signing a MoU with Saudi Aramco for strategic 4G/5G collaboration in Saudi Arabia.
GCT Semiconductor shares surge over 80% in pre-market after signing a MoU with Saudi Aramco for strategic collaboration to boost 4G/5G ecosystem in Saudi Arabia. The partnership aims to create customized chipsets and modules for LTE, 5G, and NTN spectrum, facilitating wireless device localization and IoT production in the Kingdom. GCT Semiconductor commenced trading on March 27, 2024.
April 05, 2024
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