- Akoustis Technologies ( NASDAQ: AKTS ) stock gained 5% before the bell on Wednesday as the firm received its first design win in 5G mobile from a multi-billion-dollar tier-1 RF component company.
- The XBAW filter is designed into a new multiplexer product, expected to ship in H1 2023 as part of a major chipset OEM reference design.
- The new XBAW design addresses difficult coexistence issues between 5G mid bands and WiFi 6E 5 to 7 GHz bands.
- The customer is considering additional applications for XBAW in future modules for 5G smartphones, tablets, wearables, and other devices after successful completion of this first solution.
- Akoustis ( AKTS ) began shipping pre-production chips against customer orders for development, sampling and qualification during the quarter ending December 31.
- The company continues to add new Wi-Fi design wins, many of which are expected to ramp into production in 2023.
- On account of rapidly growing sales pipeline, Akoustis ( AKTS ) is completing the annual production capacity increase at its New York fab to ~0.5B filters per year.
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Akoustis Technologies stock gains 5% premarket on first design win in 5G mobile