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MACOM and Goertek have agreed to establish a joint venture based in Hong Kong to supply, market and distribute gallium nitride on silicon (GaN-on-Si)-based RF power components into China's base-station market. Goertek will provide up to $134.6 million to MACOM, and both will contribute $25 million in working capital to the JV.
“This joint venture is a capstone to MACOM's strategy to become a scale player within the multi-billion-dollar 5G base-station market in China, which in turn enables us to further invest in US-based innovation.”semiconductor-today.com
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