Sequans Communications S.A. American Depositary Shares (each representing ten (SQNS)

Competitors to Sequans Communications S.A. American Depositary Shares (each representing ten (SQNS)

MediaTek Inc.

MediaTek competes with Sequans by providing chipset solutions for smartphones, smart home devices, and other consumer electronics through integrated LTE connectivity. MediaTek's competitive edge lies in its ability to offer highly integrated systems at lower prices, appealing to price-sensitive markets. Although currently competing in similar segments, Sequans' specialization in narrowband IoT could offer a niche advantage over MediaTek in specific applications.

NXP Semiconductors N.V. 

NXP Semiconductors operates in a similar space as Sequans, offering semiconductor solutions for various applications including automotive and connectivity solutions for IoT. The competition primarily lies in their respective wireless communication technologies. NXP has a competitive advantage due to its extensive experience in the automotive sector and its strong emphasis on security, allowing it to secure contracts in growth markets that Sequans is also targeting.

Qualcomm Inc. 

Qualcomm is a leading player in the telecommunications industry, particularly known for its chipsets and modem solutions for mobile devices. They compete with Sequans in providing LTE and 5G connectivity solutions. Qualcomm has a significant advantage due to its extensive portfolio, R&D capabilities, and large customer base, which gives it a strong foothold in both the consumer and industrial IoT markets. Their established presence and diversified technology stack make them a formidable competitor.

Sierra Wireless, Inc.

Sierra Wireless specializes in IoT and mobile broadband communication equipment, competing directly with Sequans for customers seeking cellular connectivity solutions. TheirStrength lies in their comprehensive portfolio, including not just chipsets, but also software and solutions for device management. This integrated approach provides Sierra Wireless with a competitive advantage, enabling them to offer a full-service solution that may appeal to enterprises looking for one-stop solutions.

u-blox AG

u-blox is another strong competitor in the IoT connectivity space, specializing in positioning and wireless communication technologies. They offer products that overlap with Sequans in areas such as LPWAN and cellular IoT. u-blox has a clear advantage in its geographic presence and customer relationships, particularly in Europe. This strategic positioning allows them to capture significant market share in IoT solutions, placing them at an advantage compared to Sequans.