Company: GCTS
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0000929638-25-001279
Chunk: 53

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 53
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 such as Altair Semiconductor (a Sony Corporation subsidiary), ASR, HiSilicon Technologies (a Huawei subsidiary), Mediatek, Qualcomm Incorporated, Samsung Electronics Co. Ltd., Unisoc (includes Spreadtrum Communications and RDA) and Sequans Communications S.A. Many of our competitors have longer operating histories and customer relationships, significant legacy products and technologies, greater resources and brand recognition, more industry influence and a larger customer base than us. This may allow them to respond more quickly than us to new or emerging technologies or changes in customer requirements and to provide backward compatibility in their products as required by some operators. In addition, these competitors may have greater credibility with our existing and potential customers. Moreover, our competitors may have been doing business with customers for a longer period of time and have established relationships, which may provide them with information regarding future trends and requirements that may not be available to us. In addition, some of our larger competitors may be able to provide greater incentives to customers through rebates, marketing funds and similar programs. Some of our competitors may also adopt aggressive or predatory pricing policies to offset what we believe are the performance and cost advantages of our solutions. Our competitors with multiple product lines may bundle their products to offer a broader product portfolio or integrate wireless functionality into other products that we do not sell, which may make it difficult for us to gain or maintain market share. Our ability to compete will depend on a number of factors, including: • our ability to anticipate market and technology trends and successfully develop products that meet market needs; • our success in identifying and penetrating new markets, applications and customers; • our ability to accurately understand the price points and performance metrics of competing products in the marketplace; • our products’ performance and cost-effectiveness relative to that of competitors’ products; • our ability to develop and maintain relationships with wireless operators, base station suppliers and OEM/ODM customers; • our ability to expand international operations in a timely and cost-efficient manner; 15 • our ability to secure sufficient manufacturing capacity and deliver products in large volume on a timely basis at competitive prices; • our ability to participate in or influence the process for setting wireless industry standards; • our ability to conform to industry standards on a timely basis, while developing new and proprietary technologies to offer products and features previously not available in the 4G and 5G markets; • our ability to recruit design and application engineers with expertise in wireless broadband communications technologies and sales and marketing personnel; and • our ability to obtain third-party licenses for supporting technologies to develop