Altair Semiconductor Opens IoT Innovation R&D Center in Finland

HOD HASHARON, Israel, November 21, 2016 /PRNewswire/ --

Altair Semiconductor (altair-semi.com), a leading provider of LTE chipsets, today announced the opening of a new research and development (R&D) center in Oulu, Finland. The new center will focus on the development of core LTE IoT technology, tapping into the considerable resources of the northern city known for its expertise and market leadership in wireless communication technologies.

This venture follows last year's establishment of a R&D center in Taiwan, and will be Altair's first major European installation.

"Finland is the ideal location to begin Altair's expansion into Europe, given the country's significant IoT, connectivity and general innovation talent," said Oded Melamed, CEO of Altair. "We see this move as strategic to growing our research and development capabilities."

Altair's portfolio includes chipsets that support a wide range of LTE categories and use cases - from cutting edge, high-speed broadband to ultra-low power, IoT applications. The company's connectivity solutions are commercially deployed on the world's most advanced LTE networks, including Verizon Wireless, AT&T, Softbank and KT (Korea Telecom), and its customer roster includes leading global module makers, OEMs and ODMs.

About Altair Semiconductor 

Altair Semiconductor, a Sony Semiconductors company, is a leading provider of single-mode LTE chipsets. Altair's portfolio covers the complete spectrum of cellular 4G market needs, from supercharged video-centric applications all the way to ultra-low power, low cost IoT and M2M. Altair has shipped millions of LTE chipsets to date, commercially deployed on the world's most advanced LTE networks including Verizon Wireless, AT&T, Softbank and KT (Korea Telecom). The company's customer roster includes some of the world's leading OEMs and ODMs, such as Hewlett-Packard, ASUS, D-Link and WNC, as well as the majority of Asian ODMs developing LTE products for global markets. For more information, visit http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi 

Media/Analyst Contact:
Finn Partners Israel for Altair Semiconductor
Glenn Jasper
[email protected]
@goeljasper
+1-929-222-8002

SOURCE Altair Semiconductor