Gct Semiconductor Inc announced it raised $98.9 Million in an amended filing from an offering of $130 Million

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GCT Semiconductor is a leading fabless designer and supplier of advanced 4G LTE semiconductor solutions. GCT’s market-proven LTE solutions enable fast and reliable LTE connectivity to wireless devices such as smartphones, tablets, hotspots, USB dongles, routers, M2M, and Internet of Things (IoT) applications. GCT’s system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G platform solutions with small form factors, low power consumption, high performance, high reliability and cost effectiveness.