GCT Semiconductor Reports Q3 5G Chipset Shipments and Forecasts 2027 5G Ramp
GCT Semiconductor Holding, Inc. (GCTS) reported significant progress in its chipset distribution during the third quarter of 2026. According to CEO John Schlaefer, the company shipped over 3,200 5G chipsets in Q3, bringing total year-to-date shipments for the technology to more than 11,300 units. Looking ahead, the company anticipates a significant ramp-up in 5G shipments during the first half of 2027. This growth trajectory follows recent momentum, including a substantial order for 150,000 4G units, signaling continued demand across both legacy and next-generation connectivity sectors.
Tickers: $GCTS