Dallas, Texas 01/21/2014 (FINANCIALSTRENDS) – Sequans Communications SA ADR (NYSE:SQNS), the $100 million market capped integrated circuits and specialized semiconductor manufacturer from France has been a favourite stock among the investor community, ever since it announced in the second week of January that its been contracted by original equipment manufacturer Techno Source and KD Interactive to supply them with LTE connectivity units. These LTE units will go into the making of the new range of “Kurio 7x 4G LTE tablets” which was publicly launched with much fanfare on 7th January at 2014 International CES®. It is appropriate to note here that Techno Source and KD Interactive are the manufactures of android O.S operated kids tablets Kurio™ which have garnered a huge market share in the kids tablet segment.
Sequans Communications SA ADR (NYSE:SQNS) has been contracted by the Kurio manufacturers to provide its newly designed LTE connectivity solution “VZ20Q EZLinkLTE™ module”. This will be one of the key components which will go into providing a quick and easy solution for adding LTE to Kurio 7x 4G LTE tablets. The newly launched kids tablet “Kurio 7x 4G LTE tablet” has been designed to exclusively run on the Verizon Wireless network. The new tablet is expected to ship in summer of 2014.
Expanding on the key differentiators offered by Sequans Communications SA ADR (NYSE:SQNS) VZ20Q EZLinkLTE™ module, that promoted KD Group to go with their solution, Pieter van den Bosch, strategic director at KD Group has been quoted to have said, “We chose Sequans’ LTE technology for the new Kurio 7x 4G LTE tablet because the EZLinkLTE module gave us a pre-integrated, pre-tested, and pre-certified solution that we could add to our tablet design with very little additional work. The all-in-one simplicity of Sequans’ solution, already certified for use on the LTE network of Verizon Wireless, enabled us to bring this new Kurio tablet to market very quickly.”