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   Technology StocksSequans, the investors board


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From: frmrVZguy5/13/2019 3:34:33 PM
   of 252
 
Federated Wireless completed (ESC) network for CBRS FCC Go Ahead next

fiercewireless.com
Federated Wireless announced today that it has completed the rollout of its environmental sensing capability (ESC) network, meaning it’s ready to support initial commercial deployment (ICD) of Citizens Broadband Radio Service (CBRS) across the United States as soon as the Federal Communications Commission gives the green light... CommScope and Google each will operate independent Spectrum Access System systems, similar to what Federated Wireless is doing, but they're collaborating on a jointly operated ESC network. CommScope said in March that the expectation is to complete their ESC network by the end of the year... (more)

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To: frmrVZguy who wrote (211)5/13/2019 3:46:03 PM
From: frmrVZguy
   of 252
 
Sequans and Momentum IoT Partner on Cloud-Based Telematics Solution for Fleet Managers

businesswire.com
Sequans and Momentum IoT Partner on Cloud-Based Telematics Solution for Fleet Managers
today PARIS & LONG BEACH, Calif.--(BUSINESS WIRE)--May 13, 2019--LTE for IoT chipmaker Sequans Communications S.A. (NYSE: SQNS) and Momentum IoT, fleet management hardware and software solutions provider, have joined forces to add LTE-M connectivity to the Momentum IoT Eagle 1 telematics tracking device for a total solution that makes fleet management more user-friendly and more cost-effective. The Momentum IoT Eagle 1 allows fleet managers to monitor and track the status of virtually everything in their fleets, from location and fuel consumption to maintenance problems...
The Momentum Eagle 1 is an ultra-advanced and rugged device that is easy to install with plug-in connectors that need no wiring. The auto-load feature automatically sets up the vehicle in the dashboard where fleet managers can instantly view odometer, voltage, and fuel level readings, as well as the idle, park, or moving status of every truck or vehicle in their fleet. Managers have full visibility of trucks on the map, including distance from site and deviations. Notifications are provided for trip length and speed reports, and alerts are provided for maintenance issues...
The Momentum Eagle 1 telematics solution is now available. For a free trial and/or demo of the Momentum IoT Eagle 1 telematics tracker solution, please visi
t momentumiot.com.

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From: frmrVZguy5/13/2019 8:11:47 PM
   of 252
 
1Q19 CC Selected Comments Deserving Highlight - Some Gems and Surprises in his own words.
Buried comments that deserve emphasis: both positive and some truly odd disconnected euphemisms.

I have highlighted in RED a few that are genuinely hopeful... if there is any truth to them... which isn't certain because,... y'know... GK

-------
Paris May 10, 2019 (Thomson StreetEvents) -- Edited Transcript of Sequans Communications SA earnings conference call or presentation Thursday, May 9, 2019...
Georges Karam...
I'm pleased to report that the signs of improvement we were expecting in the first quarter have indeed materialized... Only the vertical business was below our target this quarter...

First, we believe we are close to finalizing a new strategic deal we've been working on for some time. This deal will include a new business model for Sequans with a new go-to-market approach allowing us to expand our market share in IoT. It is a multimillion-dollar deal bringing a new source of revenues based on licensing and royalties. We are also working on a couple of similar deals that could materialize this year...



*****Meanwhile, together with the Board, we are continuing to explore the full array of possible alternatives and timing considerations for significantly strengthening our financial position and maximizing shareholders' value.

Since our clear preference would be to accomplish our balance sheet objectives, while avoiding or at least minimizing further dilution, we are concentrating a lot of energy on the strategic deals, while also making sure we are fully prepared to take whatever decision may be in the best interest of shareholders in the future. There is no doubt that the intrinsic value of our technology, our know-how, our relationships and our pipeline of business is increasing all the time....



Also, we have finished the
**** certification of our Sprint CAT 1 module and started shipping to several of our customer as planned. This will be a new revenue stream within our CAT 1 business...

Also, we have identified a potential opportunity to capitalize on our clear leadership in CAT 1 with
*****a new low power, lower cost variant that would expand the market. This innovation would make it clear -- would make it very difficult for other vendors to compete with us using their adapted CAT 4 technology. We are getting strong interest in this approach from some large potential customers, and it's becoming clear to us that the CAT 1 market is going to be around in some form for a long time... We believe that despite some cannibalization by the CAT M/NB, the CAT 1 market size will be more than $400 million by 2023, and we are committed to maintaining a strong position in this segment...

Several new Sequans-powered CAT M/NB devices will go into mass production around midyear, and we are starting to receive orders from them. The total number of Sequans-powered CAT M/NB devices in mass production is expected to reach 50 by the end of the year... represented an estimated $200 million of future revenue. Many of those that were nearly secured at year-end were converted to fully secured design wins during the first quarter. Counting all CAT M/NB devices already in mass production, design wins and those nearly secured, we now are looking at over $250 million of estimated future revenue represented by these projects...

... In the U.S., we are making good progress on the engagements we have on CBRS and enterprise router markets.
... we have started a proof-of-concept phase on a very large deal, and we are in the design-in phase with 2 other major opportunities. If we manage to secure them, our broadband business will recover completely and should show significant growth in 2020.
...
Our strategy here is to focus on 5G for fixed wireless access addressing consumer preferences and industrial applications. The goal is to optimize our 5G platform for applications allowing us to differentiate from those building 5G to address the smartphone market. Also this will give us different timing to launch our product as we need to align with the deployment of the 5G networks when they can achieve a high level of coverage. After 5 years of research activity, we are now moving to the development phase, and we are very excited about this new market opportunity.
...

Deborah Choate
... The full effect of recent cost-reduction moves does not show completely in our Q1 results, and we continue to expect operating expenses to average about $9.5 million per quarter in 2019 on a non-IFRS basis... we expect our revenue for the second quarter of 2019 to continue the trend we saw in Q1 and to be better than the first quarter with continued sequential improvement through the balance of the year...

Georges Karam
Thanks, Deborah. So just to conclude and to give you a little bit ...
*****our business is doing very well...
But what we can say today is that, first of all, I mean, we're reaching the bottom of this, and we start to see improvement as planned for the second half...

**** we have an ODM in Asia addressing at least 4, 5 design win that we have, and this is Asiatel. There is some public information on this. And this is addressing various devices, I mean, some tracking devices in general for telematic, but also for other kind of application...

****We have a buy-here-pay-here service as well that we announced with Connected Holdings. So these are the kind of application that we are going to see them in the short term....

Japan is very, very nice. I mean, we have a lot of very nice deals that we have secured in Japan. They turned to be more in shipment -- full shipment end of the year, beginning next year,... multiyear contract, big deals. And in terms of ASP holders, we're talking about CAT M around $4 chipset ASP in average. This is what you should put in the model.
...
the existing business of broadband... in the emerging, Huawei is capturing and capture a big part of the emerging market. And this has what impacted, if you want, my customers, and that's why, by the way, we had some losses of market share at the end really in the emerging market, mainly on the CAT 6 product, not on the CAT 4. On the CAT 4, we still have an attractive solution that's very -- even if Huawei will not make major difference there. But for sure, Huawei is taking some market share in the emerging to be very, very hard for my customers to take from them...

Deborah Choate
So the first question was -- on broadband was -- so, first of all, IoT was over half of our revenues, and broadband was a bit more than 20%....

Georges Karam
And again, Scott, for the broadband, you need to understand that it's very weak now... Brazil is moving well, but this is going to improve, as you're saying, in Q2 a little bit and improvement will start to get even better in Q3, Q4...

Our business is really to focus on IoT, on fixed wireless, for industrials and so on which is big enough for a company the size of Sequans to bring this technology and differentiate it. And obviously, not having Intel playing there has a positive side effect for Sequans in this game. Having, I'll say, the main competitor focusing more and more on the smartphone give us more room to focus on the IoT and the space where we want to play and makes less competition in this space. For example, Intel, they end of life their CAT 1 platform. The traction on CAT 1 is not -- you could say because of our position, but also because you have less people as well that they can offer this platform because the other guys, they didn't do anything special on the CAT 1. They just only took their CAT 4 product and they put a software for CAT 1...

Very frankly, what I said, in Q1, we didn't ship much. We shipped in Q1 below 100,000 unit.

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From: frmrVZguy5/13/2019 8:39:27 PM
   of 252
 
1Q19 CC Selected Comments Deserving Highlight and Commentary in my own words.

GK continues to produce comments disconnected from REALITY
  1. I'm pleased to report that the signs of improvement
  2. *****our business is doing very well...

GK has been holding back some important negotiations and reveals them here. I am relieved the Board of Directors has taken some initiative to authorize these efforts. Perhaps we have our 10% shareholder to thank.
  1. a new business model for Sequans with a new go-to-market approach
  2. similar deals that could materialize this year
  3. *****Meanwhile, together with the Board, we are continuing to explore the full array of possible alternatives and timing considerations for significantly strengthening our financial position and maximizing shareholders' value.
  4. we are fully prepared to take whatever decision may be in the best interest of shareholders in the future.
These Customer project announcements reveal more than we knew up to today
  1. **** we have an ODM in Asia addressing at least 4, 5 design win that we have, and this is Asiatel.
  2. ****We have a buy-here-pay-here service as well that we announced with Connected Holdings.
  3. **** certification of our Sprint CAT 1 module and started shipping
  4. we are making good progress on the engagements we have on CBRS and enterprise router markets
  5. If we manage to secure them, our broadband business will recover completely
  6. Many of those that were nearly secured at year-end were converted to fully secured design wins during the first quarter.

On 5G it seems that our long R&D project with TCL(Alcatel) is resulting in a Device Management Platform to manage both devices and their applications including OTA updates.
  1. our 5G platform for application
  2. After 5 years of research activity, we are now moving to the development phase, and we are very excited about this new market opportunity


A new technology is announced ,and as you read it I wonder if it looks to you like a hint of existing designs getting ported to FD-SOI which is both lower power and lower cost An important fact is recognizing that France's STMicro is a major developer of FD-SOI and has successfully ported earlier FinFet designs to it - I'm thinking of a very early Ericson 4G LTE SoC modem that was used in a Samsung cellphone before porting and thus tested there also AFAIK for performance comparison.
  1. Also, we have identified a potential opportunity to capitalize on our clear leadership in CAT 1 with
    *****a new low power, lower cost variant that would expand the market.




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From: w0z5/22/2019 10:09:44 AM
   of 252
 
SQNS up 7%

seekingalpha.com

Qualcomm practices violated antitrust law
May 22, 2019 5:38 AM ET|About: QUALCOMM Incorporated (QCOM)|By: Yoel Minkoff, SA News Editor

U.S. District Judge Lucy Koh has sided with the FTC in an antitrust case, saying Qualcomm (NASDAQ: QCOM) "strangled competition" by charging unreasonably high royalties for its patents.

She ordered Qualcomm to renegotiate licensing agreements with customers free of unfair tactics - such as threatening to cut off access to its chips - and said it can't sign exclusive supply agreements with smartphone makers like Apple (NASDAQ: AAPL), which last month settled a lawsuit and agreed to continue paying licensing fees.

The decision could challenge the company's business model and will require Qualcomm to submit to monitoring for the next seven years.

QCOM -12% premarket

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From: frmrVZguy5/24/2019 12:13:48 PM
   of 252
 
Market Forecast: Tailwinds as Motorola (MSI) buys back debt and bullish on FY19

FYI
FWIW
---------------------

businesswire.com
Motorola Solutions Announces Pricing Terms of its Tender Offers May 23, 2019
CHICAGO--(BUSINESS WIRE)--Motorola Solutions, Inc. (NYSE: MSI) (the “Company”) announced today the pricing terms of its previously announced tender offers to purchase for cash (i) any and all of the Company’s outstanding securities listed in Table I below ................

seekingalpha.com
motorola-solutions-inc-2019-q1-results-earnings-call-slides

finance.yahoo.com
MOTOROLA SOLUTIONS INC (MSI) Q1 2019 Earnings Call Transcript
Motley Fool Transcribers, The Motley Fool May 3, 2019 (ED break)
Gregory Q. Brown -- Chairman and Chief Executive Officer
First, our Q1 performance positions us for another year of growth coming off a record 2018. Second, we continue to invest in our unique mission-critical ecosystem by expanding our LMR, command center software and video security and analytics platforms. And I expect Services and Software to comprise about 1/3 of our full year 2019 revenue, up from approximately 31% last year. And finally, for the full year 2019, I continue to expect us to deliver higher gross margins, operating margins, EPS and cash flow. And as these durable cash flows grow, you should expect continued discipline and rigor around capital allocation for long-term shareholder value..........

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From: frmrVZguy5/24/2019 1:37:51 PM
1 Recommendation   of 252
 
Surprise Tailwind? India's Flex halts Huawei to study ruling. Huawei was the big winner in India's RJIO rollout.
Competitors have a chance?
Taiwan detente warms up?
FYI

economictimes.indiatimes.com
After US muscle flexing, Flex halts shipments to Huawei ...
Economic Times

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From: frmrVZguy5/29/2019 2:55:14 PM
   of 252
 
Bloomberg on Industry Consolidation: Marvell + NXP and next Cypress who bought out Broadcom's Wireless RAN tech for IoT in 2016

bloomberg.com
Cypress Is Considering a Sale After Getting Takeover Interest
By Liana Baker and Ed Hammond May 29, 2019
Cypress Semiconductor Corp. is exploring strategic options including a potential sale after receiving takeover interest, according to people familiar with the matter...
Industry Consolidation
The semiconductor industry has been reshaped over the past five years as companies combine to gain scale while fighting rising costs and shrinking customer bases. NXP Semiconductors NV announced a $1.76 billion deal Wednesday for Marvell Technology Group Ltd.’s Wi-Fi connectivity business while Nvidia Corp. agreed to buy chipmaker Mellanox Technologies Ltd. for $6.9 billion in March
Cypress Semi designs and manufactures flash memory chips and microcontrollers, or chips used for powering small electronic devices. In 2015, the company merged with Spansion Inc. in an all-stock deal worth about $4 billion
.

thestreet.com
Cypress Semiconductor Jumps After Report Says It's Considering a Sale
A report says Cypress Semiconductor is considering a sale after receiving takeover interest. Tony Owusu Updated May 29, 2019 12:44 PM EDT... No final decision has been made on a potential sale, according to the Bloomberg report, and Cypress could choose to remain independent. But it is considering a deal, according to the news service's sources.
Adding pressure to the company is the recent acquisition of Quantenna Communications (QTNA - Get Report) by Cypress rival ON Semiconductor (ON - Get Report) . The move is designed to help bolster ON's position in the automotive chip industry.

----
NXP to acquire Marvell’s WiFi and Bluetooth Connectivity Assets
Wed May 29, 2019 GlobeNewswire
NXP to pay $1.76 Billion in cash for Marvell’s WiFi and Bluetooth/BLE combo solutions portfolio
Expands NXP’s Industrial & IoT, Automotive and Communication Infrastructure footprint
EINDHOVEN, The Netherlands, May 29, 2019 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NXPI) announces today that its wholly owned subsidiary has entered into a definitive agreement with Marvell (NASDAQ: MRVL) under which NXP will acquire Marvell’s Wireless Connectivity portfolio in an all-cash, asset transaction valued at $1.76 billion. The acquisition encompasses Marvell’s WiFi Connectivity Business Unit, Bluetooth technology portfolio and related assets.
The acquisition will enable NXP to deliver complete, scalable processing and connectivity solutions to its customers across its focus end markets. The acquisition includes approximately 550 people worldwide. NXP expects the acquisition to create new revenue opportunities in its target end markets. With approximately $300 million in revenue in Marvell’s fiscal 2019, NXP anticipates revenue associated with the acquired assets to double by 2022. The acquisition is expected to be accretive to NXPs non-GAAP operating profit in the first full quarter after the transaction closes.
The transaction is expected to close by the first quarter of 2020, subject to customary closing conditions, including regulatory approvals.

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To: frmrVZguy who wrote (219)5/29/2019 3:11:19 PM
From: frmrVZguy
1 Recommendation   of 252
 
Europe is Scaling up to confront West-of-Atlantic competitors. 20% World IC market has been the official EU target for years and when USA and Japan bought out Infineon and STEric assets and then failed with them, EU really had nothing to parlay into growth.
NXP and Infineon and STMicro have slowly reinforced their command of their contracted positions and are now acquisitive again.

In this new era can GKaram and the BoD guide the firm to a stronger future as its C-Level team is constituted?
Does there need to be a change that permits the financiers of its future to possess trust in its execution?

I suggest that the only way forward is a staffing change to enhance trust.

That change could be merely a shuffling of titles and responsibilities to bring proven performance to the firm.
Sequans is damaged by repeated quarters of statements that were not met in subsequent quarters.

I expect leadership change is needed before any partner can enter the scene.
I hope GK can find a place within that allows his tech excellence to give room to new Leadership.

IMO

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From: frmrVZguy5/29/2019 8:04:10 PM
   of 252
 
A public correction and clarification to a post found on YAHOO by another user.
----------------------------------------------------------------------------------------------------

To: GaryMi
5/29/2019 7:59:36 PM
From: frmrVZguy
Correction to your Yahoo comment: Your reputation will benefit.
YOU SAID on Yahoo
  • "With the judge finding Qualcomm to have engaged in anti-competitive practices will this have any bearing on the EU antitrust case filed by Sequans against an unnamed competitor, which has been in limbo for about two years?
    Or perhaps now we are waiting for the outcome of the inevitable appeal.
    "
Sir, SEQUANS did NOT file any complaint against the Unnamed Defendant nor have they pursued a related lawsuit in any jurisdiction anywhere globally to my knowledge.
I am party to the Anti Trust complaint before EUTC given I.D. AT.40484
Sequans is NOT

You may quote me.
Best Regards
frmrVZguy

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