Latest news with #GCT
Yahoo
5 days ago
- Business
- Yahoo
Global Container Terminals Launches Renewable Fuels at GCT Vanterm in Partnership with Tsleil-Waututh Nation's SPAL Corporation and the Burnaby Refinery
GCT celebrates the power of collaboration and climate action with the successful implementation of renewable fuels at GCT Vanterm in Burrard Inlet. Global Commitment Fuel Truck at GCT Vanterm Global Commitment Fuel Truck with Team at GCT Vanterm Vancouver, BC, June 05, 2025 (GLOBE NEWSWIRE) -- This World Environment Day, Global Container Terminals (GCT) proudly celebrates the power of collaboration and climate action with the successful implementation of renewable fuels at GCT Vanterm in Burrard Inlet. As of August 2024, renewable fuels have fully replaced conventional diesel in all terminal equipment, a major milestone in GCT's commitment to sustainability and responsible partnerships. This initiative not only supports GCT's environmental goals but also advances its commitment to the Truth and Reconciliation Commission Call to Action #92, by fostering meaningful economic partnerships with Indigenous communities. Collaboration at the Core The implementation of renewable fuels at GCT Vanterm was made possible through partnership with the Burnaby Refinery and the SPAL General Constructors Corporation, owned by səlilwətaɬ (Tsleil-Waututh Nation). Renewable diesel delivers an industry-expected emissions reduction of 60–80%. In its first full quarter of use, GCT Vanterm achieved a 68% reduction in emissions, demonstrating the immediate and measurable environmental impact of this transition. Supporting GCT's Path to Net Zero This initiative is a key part of GCT's broader strategy to achieve a 45% absolute reduction in emissions by 2030 and reach Net Zero by 2050. Renewable fuels are drop-in ready, allowing for rapid implementation without the need to replace equipment prematurely. This supports a practical and sustainable transition to hybrid and zero-emissions equipment, while reducing both operational emissions and the carbon footprint associated with manufacturing waste. Partner Perspectives 'We are pleased to have been engaged by GCT and the Burnaby Refinery to deploy this product through collaboration—creating a true win-win-win scenario,' said Matt Thomas, Director of Economic Development, səlilwətaɬ (Tsleil-Waututh Nation). 'The adoption of renewable fuels not only addresses climate concerns in the short to mid-term but also demonstrates respect for our lands and shared future. This partnership fosters economic growth within our community and sets a strong example for future collaborations.' 'This collaboration reflects how we want to do business and the kind of neighbour we strive to be in the communities where we live and operate,' said Eric Waltz, CEO, Global Container Terminals. 'We're proud to reduce emissions while engaging Indigenous communities in meaningful economic partnerships. The successful deployment of renewable fuel at GCT Vanterm is a major step in our journey toward Net Zero.' 'The Burnaby Refinery is a leader in co-processing and the production and supply of renewable fuels,' said Martin Carter, Senior Vice President, Refining and Terminals, Parkland. 'Our team is thrilled to help advance the sustainability goals of GCT Vanterm while collaborating with səlilwətaɬ (Tsleil-Waututh Nation).' Looking Ahead Deployment of renewable fuels is expanding across all GCT terminals in 2025, as the company continues to align its operations and procurement strategies with both sustainability and economic reconciliation. To learn more about GCT's sustainability journey and Indigenous partnerships, visit Attachments Global Commitment Fuel Truck at GCT Vanterm Global Commitment Fuel Truck with Team at GCT Vanterm CONTACT: Jennifer Perih GCT Global Container Terminals Inc. +1 604 267 5102 media@ in to access your portfolio
Business Wire
6 days ago
- Business
- Business Wire
GCT Semiconductor and Iridium Sign MOU to Collaborate on Integrating Iridium NTN Direct
SAN JOSE, Calif.--(BUSINESS WIRE)-- GCT Semiconductor Holding Inc. ('GCT') (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today announced its collaboration with Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communication, to integrate the Iridium NTN Direct℠ service into GCT's advanced GDM7243SL chipset. GCT and Iridium will work together to expedite the development of a new Iridium® network-enabled Narrowband Internet of Things (NB-IoT) chipset based on requirements for 3GPP Release 19. Share GCT and Iridium will work together to expedite the development of a new Iridium® network-enabled Narrowband Internet of Things (NB-IoT) chipset based on requirements for 3GPP Release 19. Both companies will jointly explore opportunities, business models, use cases, and commercial deployments requirements for the new Iridium network-enabled NB-IoT chipset, designed for the next wave of 5G Advanced that will integrate satellite technologies into 5G. 'GCT is thrilled to collaborate with Iridium, a leading innovator in satellite IoT applications,' said John Schlaefer, CEO of GCT. 'Building on our expertise in 4G, 5G, and NTN technology, along with our leading multi-mode IoT chip, GDM7243SL, we are excited to broaden our reach into the non-terrestrial market. Working with Iridium, our goal is to address the growing need for trackers, satellite phones, and other IoT solutions.' 'Integrating Iridium NTN Direct with GCT's chipset will enable their customers to experience truly global, reliable standards-based connectivity in a compact, efficient form,' said Greg Pelton, CTO, Iridium. 'GCT is an innovative partner, forward-thinking, and deeply engaged in helping bring this next-generation service to market.' About GCT Semiconductor Holding, Inc. GCT is a leading fabless designer and supplier of advanced 5G and 4G LTE semiconductor solutions. GCT's market-proven solutions have enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc., for the world's top wireless carriers. GCT's system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness. For more information, visit Cautionary Statement Regarding Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1955. These forward-looking statements include, without limitation, statements regarding GCT's collaboration with Iridium and ability of GCT's 4G/5G chipsets to address additional markets. Words such as 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause actual future events to differ materially from the expected results, include, but are not limited to: the ability of the Company to develop its 5G products and generate revenue; the ability of the Company to enter into and meet the obligations under partnership and collaboration agreements; the ability of the Company to grow and manage growth profitability and retain its key employees; the Company's financial and business performance, including the Company's financial projections and business metrics; changes in the Company's strategy, future operations, financial position, estimated revenues and losses, forecasts, projected costs, prospects and plans; the Company's inability to anticipate the future market demands and future needs of its customers; the impact of component shortages, suppliers' lack of production capacity, natural disasters or pandemics on the Company's sourcing operations and supply chain; the Company's future capital requirements and sources and uses of cash; the ability of the Company to raise sufficient capital to fund its operations; the ability to implement business plans, forecasts, and other expectations, including the growth of the 5G market; the risk that the Company may not be able to repay its debt; the risk of economic downturns that affects the Company's business operation and financial performance; the risk that the Company may not be able to develop and design its products acceptable to its customers; actual or potential conflicts of interest of the Company's management with its public stockholders; and other risks and uncertainties indicated from time to time in the Company's filings with SEC, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and those disclosures under the "Risk Factors" section therein. The foregoing list of factors is not exhaustive. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Zawya
28-05-2025
- Business
- Zawya
Tunisia: Resumption of phosphate loading and transport from Om Larayes mine after interruption lasting over 8 years
Tunis - The Tunisian National Railway Company (SNCFT) resumed phosphate loading and transportation operations from the Om Larayes mine to the facilities of the Tunisian Chemical Group (GCT) via a train composed of 30 wagons carrying 1,448 tonnes of phosphate, after an eight-year hiatus. The SNCFT explained that the resumption of phosphate loading and transportation from the Om Larayes mine to the GCT facilities followed the completion of works, including reinforcing the track bed on Line 15 between the Tabadit and Om Larayes stations, replacing rails and sleepers on several sections of the railway, and maintaining the track switches. Additionally, the railway track was cleared along a 3 km stretch on the Tabadit/Om Larayes line, with all necessary measures taken to ensure the sustainability of this activity. In a statement issued Tuesday, the company expressed its gratitude to all parties involved for their efforts in resuming phosphate rail transport, emphasising that this sector is a vital and strategic artery that impacts not only the company's operations and revenues but also the broader national economy. © Tap 2022 Provided by SyndiGate Media Inc. (
Business Wire
22-05-2025
- Business
- Business Wire
GCT Semiconductor and Giesecke+Devrient Partner to Launch Innovative eSIM Solution for IoT Devices
SAN JOSE, Calif, & MUNICH--(BUSINESS WIRE)-- GCT Semiconductor Holding Inc. ('GCT') (NYSE: GCTS), a leading designer and supplier of advanced 4G and 5G semiconductor solutions, and Giesecke+Devrient (G+D), a global provider of eSIM technology and developer of the first GSMA SGP.32 fully-certified product, today announced their partnership to launch a cutting-edge SGP.32 eSIM solution with Integrated Profile Activation Device (IPAd) support for multi-network IoT devices. This collaboration for eSIMs, or SIM cards directly embedded into a device, brings intelligent, location-aware connectivity to headless 4G and 5G IoT devices. In addition, the collaboration ensures peak performance based on location, availability, cost and policy – an unprecedented advancement for mission-critical applications across industries. GCT will be including this advanced capability in all future 4G & 5G chipsets. 'The adoption of eSIM technology in IoT devices and wearables has become increasingly popular, driven by the new capabilities of remote SIM,' said John Schlaefer, CEO of GCT. SGP.32 is GSMA's latest eSIM technical specification for IoT that ensures eSIM IoT technologies are secure and interoperable with networks worldwide. By integrating SGP.32 with the software component IPAd's capabilities directly into GCT's multi-network 4G and 5G chipsets and modules, the solution enables out-of-the-box connectivity and flexible lifecycle management without the need for physical SIM swaps or user intervention. 'The adoption of eSIM technology in IoT devices and wearables has become increasingly popular, driven by the new capabilities of remote SIM,' said John Schlaefer, CEO of GCT. 'However, many IoT devices lack a user interface to fully access this functionality - a challenge that IPAd effectively addresses. We look forward to working closely with G+D to provide advanced device flexibility and improved security for the growing market of IoT products worldwide.' 'The eSIM market continues to grow, both in importance and size, and is one of the core connectivity solutions of the future especially in the IoT area. Since introducing the first eSIM in 2012, and to date having provided over 500 million eSIM downloads, G+D has pioneered this space with solution innovation and by driving industry adoption and collaboration,' said BeeGek Lim, Global Head of Digital Connectivity Solutions at G+D. 'To stay at the forefront of this technology it is important to collaborate with the right partners. We are pleased to work closely with GCT to continue to define and shape the cellular connected future of the IoT.' About GCT Semiconductor Holding, Inc. GCT is a leading fabless designer and supplier of advanced 5G and 4G LTE semiconductor solutions. GCT's market-proven solutions have enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc., for the world's top wireless carriers. GCT's system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness. For more information, visit About Giesecke+Devrient Giesecke+Devrient (G+D) is a global SecurityTech company headquartered in Munich, Germany. G+D makes the lives of billions of people more secure. The company shapes trust in the digital age, with built-in security technology in three segments: Digital Security, Financial Platforms and Currency Technology. G+D was founded in 1852 and today has a workforce of more than 14,000 employees. In the fiscal year 2024, the company generated a turnover of 3.1 billion euros. G+D is represented by 118 subsidiaries and joint ventures in 41 countries. Further information: Cautionary Statement Regarding Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1955. These forward-looking statements include, without limitation, statements regarding GCT's partnership with G+D and ability of GCT's 4G/5G chipsets to address additional markets, including IoT markets. Words such as 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause actual future events to differ materially from the expected results, include, but are not limited to: the ability of the Company to develop its 5G products and generate revenue; the ability of the Company to enter into and meet the obligations under partnership and collaboration agreements; the ability of the Company to grow and manage growth profitability and retain its key employees; the Company's financial and business performance, including the Company's financial projections and business metrics; changes in the Company's strategy, future operations, financial position, estimated revenues and losses, forecasts, projected costs, prospects and plans; the Company's inability to anticipate the future market demands and future needs of its customers; the impact of component shortages, suppliers' lack of production capacity, natural disasters or pandemics on the Company's sourcing operations and supply chain; the Company's future capital requirements and sources and uses of cash; the ability of the Company to raise sufficient capital to fund its operations; the ability to implement business plans, forecasts, and other expectations, including the growth of the 5G market; the risk that the Company may not be able to repay its debt; the risk of economic downturns that affects the Company's business operation and financial performance; the risk that the Company may not be able to develop and design its products acceptable to its customers; actual or potential conflicts of interest of the Company's management with its public stockholders; and other risks and uncertainties indicated from time to time in the Company's filings with SEC, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and those disclosures under the "Risk Factors" section therein. The foregoing list of factors is not exhaustive. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Yahoo
22-05-2025
- Business
- Yahoo
GCT Semiconductor and Giesecke+Devrient Partner to Launch Innovative eSIM Solution for IoT Devices
SAN JOSE, Calif, & MUNICH, May 22, 2025--(BUSINESS WIRE)--GCT Semiconductor Holding Inc. ("GCT") (NYSE: GCTS), a leading designer and supplier of advanced 4G and 5G semiconductor solutions, and Giesecke+Devrient (G+D), a global provider of eSIM technology and developer of the first GSMA SGP.32 fully-certified product, today announced their partnership to launch a cutting-edge SGP.32 eSIM solution with Integrated Profile Activation Device (IPAd) support for multi-network IoT devices. This collaboration for eSIMs, or SIM cards directly embedded into a device, brings intelligent, location-aware connectivity to headless 4G and 5G IoT devices. In addition, the collaboration ensures peak performance based on location, availability, cost and policy – an unprecedented advancement for mission-critical applications across industries. GCT will be including this advanced capability in all future 4G & 5G chipsets. SGP.32 is GSMA's latest eSIM technical specification for IoT that ensures eSIM IoT technologies are secure and interoperable with networks worldwide. By integrating SGP.32 with the software component IPAd's capabilities directly into GCT's multi-network 4G and 5G chipsets and modules, the solution enables out-of-the-box connectivity and flexible lifecycle management without the need for physical SIM swaps or user intervention. "The adoption of eSIM technology in IoT devices and wearables has become increasingly popular, driven by the new capabilities of remote SIM," said John Schlaefer, CEO of GCT. "However, many IoT devices lack a user interface to fully access this functionality - a challenge that IPAd effectively addresses. We look forward to working closely with G+D to provide advanced device flexibility and improved security for the growing market of IoT products worldwide." "The eSIM market continues to grow, both in importance and size, and is one of the core connectivity solutions of the future especially in the IoT area. Since introducing the first eSIM in 2012, and to date having provided over 500 million eSIM downloads, G+D has pioneered this space with solution innovation and by driving industry adoption and collaboration," said BeeGek Lim, Global Head of Digital Connectivity Solutions at G+D. "To stay at the forefront of this technology it is important to collaborate with the right partners. We are pleased to work closely with GCT to continue to define and shape the cellular connected future of the IoT." About GCT Semiconductor Holding, Inc. GCT is a leading fabless designer and supplier of advanced 5G and 4G LTE semiconductor solutions. GCT's market-proven solutions have enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc., for the world's top wireless carriers. GCT's system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness. For more information, visit About Giesecke+Devrient Giesecke+Devrient (G+D) is a global SecurityTech company headquartered in Munich, Germany. G+D makes the lives of billions of people more secure. The company shapes trust in the digital age, with built-in security technology in three segments: Digital Security, Financial Platforms and Currency Technology. G+D was founded in 1852 and today has a workforce of more than 14,000 employees. In the fiscal year 2024, the company generated a turnover of 3.1 billion euros. G+D is represented by 118 subsidiaries and joint ventures in 41 countries. Further information: Cautionary Statement Regarding Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1955. These forward-looking statements include, without limitation, statements regarding GCT's partnership with G+D and ability of GCT's 4G/5G chipsets to address additional markets, including IoT markets. Words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause actual future events to differ materially from the expected results, include, but are not limited to: the ability of the Company to develop its 5G products and generate revenue; the ability of the Company to enter into and meet the obligations under partnership and collaboration agreements; the ability of the Company to grow and manage growth profitability and retain its key employees; the Company's financial and business performance, including the Company's financial projections and business metrics; changes in the Company's strategy, future operations, financial position, estimated revenues and losses, forecasts, projected costs, prospects and plans; the Company's inability to anticipate the future market demands and future needs of its customers; the impact of component shortages, suppliers' lack of production capacity, natural disasters or pandemics on the Company's sourcing operations and supply chain; the Company's future capital requirements and sources and uses of cash; the ability of the Company to raise sufficient capital to fund its operations; the ability to implement business plans, forecasts, and other expectations, including the growth of the 5G market; the risk that the Company may not be able to repay its debt; the risk of economic downturns that affects the Company's business operation and financial performance; the risk that the Company may not be able to develop and design its products acceptable to its customers; actual or potential conflicts of interest of the Company's management with its public stockholders; and other risks and uncertainties indicated from time to time in the Company's filings with SEC, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and those disclosures under the "Risk Factors" section therein. The foregoing list of factors is not exhaustive. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. View source version on Contacts G+D: Press contact Giesecke+DevrientChristoph LangHead of Corporate Brand Communications and Government RelationsPhone: +49 89 4119-2164E-Mail: GCT: Investor relations website: relations contact: Gateway Group, Ralf Esper, GCT@ Media contact: media@
