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2020-11-03

SiversIMA AB: Sivers Semiconductors receives Chinese 5G order from Siemens Healthineers

This order includes evaluation kits and radio modules to be used in medical applications requiring multi gigabit data rates and was received via Sivers Semiconductors' Chinese reseller, Matrix Electronics. Sivers will deliver the order before the end of 2020 and work closely with Siemens Healthineers and Matrix Electronics during 2021 to secure a successful product launch. The order is the first step in Siemens Healthineers' ambition to use unlicensed 5G technology more widely.

"The order represents a technological break-through in using unlicensed 5G technology in new innovative applications on the Chinese market. In close cooperation with Matrix Electronics, we are entering a new segment on the important Chinese market. This proves that mmWave 60 GHz technology is a multifaceted tool, in this case used to increase efficiency and flexibility in the digital transformation of the medical field," said Anders Storm, CEO of Sivers Semiconductors.

For more information please contact:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail: anders.storm@siversima.com 

Erik Penser Bank is appointed Sivers Semiconductors AB's Certified Advisor at Nasdaq First North Growth Market.
Tel: +46 8 463 80 00
E-mail: certifiedadviser@penser.se 
Sivers Semiconductors AB is a leading and internationally recognized technology company that, through its two business areas Wireless and Photonics, supplies chips and integrated modules. Wireless develops RF chips and antennas for advanced 5G systems for data and telecommunications networks. Photonics develops and manufactures semiconductor-based optical products for optical fiber networks, sensors and optical fiber communications (Li-Fi). The company is listed on Nasdaq First North Growth Market Stockholm under SIVE. The head office is located in Kista, Sweden. For more information: www.siversima.com 

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