GCT Semiconductor Licenses CEVA Bluetooth Low Energy IP for its LTE IoT SoC

GCT’s Ultra-low power GDM7243i combines LTE-M, NB-IoT and BLE in a highly integrated single chip solution

MOUNTAIN VIEW, Calif., March 7, 2018 -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, today announced that GCT Semiconductor, Inc., (GCT) a leading designer and supplier of advanced 4G mobile semiconductor solutions, has licensed and deployed CEVA's RivieraWaves Bluetooth low energy (BLE) IP in its new GDM7243i LTE SoC solution for the Internet of Things (IoT). GDM7243i combines BLE with GCT's advanced LTE-M and NB-IoT cellular technologies in a highly integrated single chip solution. It is targeted at a wide range of next generation IoT devices including tracking, wearables, security, agriculture, healthcare, industrial, and consumer applications.

John Schlaefer, CEO of GCT, stated: "The rapidly expanding IoT market is demanding next generation, highly integrated chip solutions to unleash its full potential. We set ultra-low power connectivity as a key objective for GDM7243i and CEVA's RivieraWaves Bluetooth IP, with its minimal processor loading architecture, was a great fit for our solution."

"We are delighted to announce GCT as a licensee for our Bluetooth IP," said Aviv Malinovitch, vice president and general manager of the Connectivity Business Unit at CEVA. "GDM7243i is an impressive product, combining the most sought after IoT technologies into one IC. Next generation devices like this will no doubt rapidly accelerate the IoT market."

CEVA's RivieraWaves Bluetooth IP platforms provide comprehensive solutions for both Bluetooth LE and Bluetooth dual mode connectivity. Each platform consists of a hardware baseband controller, plus a feature-rich software protocol stack. A flexible radio interface allows the platforms to be deployed with either RivieraWaves RF or various partners' RF IP, enabling optimal selection of foundry and process node. All Bluetooth 5 features are supported, including LE 2Mbps data rate, Long Range and LE Advertising Extension. Widely adopted with different processor subsystems, CEVA also offers RISC-V based fully integrated platforms. With more than 1.5 billion devices shipped to date and dozens of licensees, the RivieraWaves Bluetooth IP is widely deployed in consumer and IoT devices with many of the world's leading semiconductor companies and OEMs, including smartphones, tablets, wireless speakers, wireless headsets and earbuds, hearing aids and other wearables. For more information on RivieraWaves Bluetooth IP platforms, go to https://www.ceva-dsp.com/product/rivierawaves-bluetooth-platforms/.

About GCT Semiconductor, Inc.
GCT Semiconductor is a leading fabless designer and supplier of advanced 4G LTE semiconductor solutions. GCT's market-proven LTE solutions have enabled fast and reliable LTE connectivity to numerous commercial devices such as smartphones, tablets, hotspots, USB dongles, routers, M2M applications, etc., for the world's top LTE carriers. GCT also offers a new LTE solution optimized for the Internet of Things (IoT). GCT's system-on-chips integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G platform solutions with small form factors, low power consumption, high performance, high reliability and cost effectiveness. More information is available on www.gctsemi.com.

About CEVA, Inc.
CEVA is the leading licensor of signal processing platforms and artificial intelligence processors for a smarter, connected world. We partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Our ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and machine-to-machine devices, advanced imaging and computer vision for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For artificial intelligence, we offer a family of AI processors capable of handling the complete gamut of neural network workloads, on-device. For connectivity, we offer the industry's most widely adopted IPs for Bluetooth (low energy and dual mode) and Wi-Fi (802.11 a/b/g/n/ac/ax, up to 4x4). Visit us at www.ceva-dsp.com