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Technology Stocks : Sequans, the investors board

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Nov 7 9:30 AM EST

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From: frmrVZguy	10/11/2017 3:55:02 PM
	of 290

DIGITIMES news today: TCL raises funds from Chinese State firms; Sercomm revenue records September FWIW for your DD COMMENTS below Two of our partners are in the news today. DIGITIMES news access is only available free for about four days then goes to a very expensive subscription - so get it now. I also suggest that if you aren't already reading DIGITIMES , start. IMO digitimes.com "Sercomm sales hit record highs in September, 3Q17 DIGITIMES 11 October 2017 ... The strong performance for the third quarter came as demand for the company's major products, including optical transceiver equipment, cable DOCSIS 3.x cable products, IADs, and LPWAN devices, has been brisk recently, according to sources at the company..." digitimes.com TCL sells shares of handset business unit to strategic partners DIGITIMES 11 October 2017 China-based TCL Group has disclosed that it has transferred up to 49% of its holdings in TCL Communication Technology Holdings to three strategic partners ...Unisplendour Technology Venture Capital, an investment arm of Tsinghua Unigroup, ... Oriente Grande Investment Fund and Vivid Victory Developments ... will help optimize TCL Communication Technology's corporate structure and accelerate its transformation aiming to rebuild its competitiveness, the statement said. ------------------- What isn't clear from this PR is whether 5G business and Broadband products are operated within the business units partnering with China. The last time we heard a PR from TCL slightly related to us was the purchasing of the MIFI brand business. Prior to that was an announcement TCL extended its 5G R&D agreement with Sequans. Now, these announcements both arrive following; China's Golden week celebrating their Revolution 10/10 and also aligning with their National fascination with double number days; and following Central Plenum Planning session Two for the year- the Autumn session. Thus budgets and projects are set by the State and doled out to State firms. This news is one that could ultimately assist with additional M&A activity at TCL.

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