debt
confidence high
sentiment positive
materiality 0.55
GCT Semiconductor secures $10.7M term loan from largest shareholder for 5G production ramp-up
GCT Semiconductor Holding, Inc.
- Loan of up to $10.7M (KRW 15B) from Anapass, Inc. at 7% annual interest, maturing September 10, 2026.
- Proceeds to fund working capital and final production readiness for 5G chipset volume shipments.
- 5G chipset sampling completed with positive feedback from Orbic and Airspan; shipments targeted for Q4 2025.
- Loan is senior secured and fully funded upon closing.
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