Sivers IMA announces a 5G partnership with Fujikura Ltd, a multi-billion-dollar Japanese electrical equipment manufacturing company listed on the first section of the Tokyo Stock Exchange.
The partnership is focused on the development and sales of mmWave 5G products, where both parties will contribute to the development of highly competitive products for the 5G mmWave market, that offer best price and performance.
“This partnership is the second partnership with Fujikura, our earlier WiGig partnership with Fujikura was announced in June 2017. We are very pleased that Fujikura has chosen to cooperate with Sivers IMA also within 5G. This confirms that our mmWave solutions are cutting edge.”, says Anders Storm, CEO of Sivers IMA.
Fujikura has a strong original development of low loss polymer-based multilayer substrates which are ideal for mmWave waveguides and antennas. Combining Fujikura antenna solutions with Sivers IMA mmWave RFIC technology will secure a state of the art 5G RF solution. The combination of these RF technologies provides a very good compliment to the technology from the other 5G partners, which will further secure a great position within this future growth market.
“We are very pleased to cooperate with Sivers IMA on this partnership. We believe that the mmWave technologies developed by both parties can provide competitive solutions for 5G applications. Fujikura will contribute to broadband access network services with the new wireless technologies as well as optical fiber solutions all over the world.”, says Takahiro Ishii, Deputy General Manager of the Advanced Technology Laboratory of Fujikura.
The number of 5G subscriptions is forecasted to reach 1 billion by the end of 2023 1 and mmWave is a key technology in 5G networks that will be used for backhaul, fronthaul, small cells and fixed wireless access applications. The rollout of 5G networks is expected to accelerate from 2020.
For more information:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail: [email protected]
Erik Penser Bank is appointed Sivers IMA Holding AB’s Certified Adviser at Nasdaq First North.
Telefon: +46 8 463 80 00
e-mail: [email protected]
1According to Ericsson mobility report: https://www.ericsson.com/assets/local/mobility-report/documents/2017/ericsson-mobility-report-november-2017.pdf
This information is insider information that Sivers IMA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication trough the agency of the contact person set out above, on January 10th, 2018 at 08.30 CET.
Sivers IMA Holding AB is a leading and internationally renowned supplier, publicly traded under SIVE at Nasdaq First North Stockholm. The wholly owned subsidiaries Sivers IMA and CST Global develop, manufacture and sell cutting-edge chips, components, modules and subsystems based on proprietary advanced semiconductor technology in microwave, millimeter wave and optical semiconductors. Headquarters in Stockholm, Sweden. Learn more at http://siversima.com.
Fujikura Ltd is one of the world’s leading manufacturers of communication and electronics products. Since its founding in 1885, Fujikura has been supplying customers with highly reliable products and services in the business segments of power, telecommunications, electronics, and automotive components, and has been contributing to the development of Japan and many countries and regions around the world through its advanced technology.