GCT Semiconductor Secures $10.7M Debt Financing from Anapass to Boost 5G Production Readiness

Reuters09-11

<a href="https://laohu8.com/S/GCTS">GCT Semiconductor</a> Secures $10.7M Debt Financing from Anapass to Boost 5G Production Readiness

GCT Semiconductor Holding Inc. has secured a $10.7 million debt financing agreement with Anapass, Inc., its largest shareholder and strategic investor. This new term loan is intended to accelerate GCT's production readiness in preparation for the commercial launch of its 5G chipset. The financing follows successful 5G chipset sampling and positive feedback from key customers like Orbic North America and Airspan Networks. The funds will be directed towards working capital needs, final production preparations, and mass production. The loan carries an annual interest rate of 7.00%, payable monthly, and is set to mature in one year. GCT aims to begin volume shipments of its 5G chipsets by the fourth quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCT Semiconductor Holding Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250911922710) on September 11, 2025, and is solely responsible for the information contained therein.

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