Business
Akoustis Ships Second XBAW Filter Design in Company’s New Wafer-Level-Package to Tier-1 5G Mobile Customer
Company’s New, Advanced, and Proprietary Wafer-Level-Packages Developed and Manufactured In-HouseSecond of Two Filters Under Development for Tier-1 Customer
About this update from Aktis Oncology, Inc.
[{"type":"text","content":" Company’s New, Advanced, and Proprietary Wafer-Level-Packages Developed and Manufactured In-HouseSecond of Two Filters Under Development for Tier-1 Customer for 5G Mobile/Wi-Fi Coexistence for Application in 5G Smartphones and Other Wireless DevicesAkoustis Expects to Ramp Production of First Filter in Early CY23 Charlotte, N.C., May 02, 2022 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has shipped the second of two filters which are currently in development for a multi-billion-dollar tier-1 5G mobile RF component OEM customer. Akoustis also received a purchase order to optimize the previously produced first filter design. The two filters are being developed to address difficult 5G/Wi-Fi coexistence issues in the mid and ultra-high bands and are being considered for use by the customer in filter modules for 5G smartphones, tablets, wearables and other mobile devices. The recently shipped filter uses the Company’s new proprietary wafer-level-package technology (WLP). In response to global supply chain challenges, Akoustis has been developing proprietary WLP technology in its New York facility for the past year and is rapidly growing its manufacturing capacity to target the 5G mobile device market with its XBAW™ filter products. The Company expects to ramp commercial production of the first filter for this tier-1 RF OEM customer using the new, advanced WLP beginning in early CY23. Jeff Shealy, founder and CEO of Akoustis, stated, “This is the first shipment of XBAW™ filters that utilizes our new proprietary wafer-level-packages that we have developed and are manufacturing in our New York facility.” Mr. Shealy continued, “This is a significant achievement by our design and manufacturing teams and positions Akoustis to enter the 5G mobile smartphone and device market, our largest addressable filter market by both volume and revenue.” Akoustis is actively delivering volume production of its Wi-Fi 6 tandem filter solutions, shipping multiple 5G small cell XBAW™ filter solutions, delivering initial designs of its new 5G mobile filter solutions to multiple customers and has entered the market with its new Wi-Fi 6E coexistenc...