GCT Semiconductor Appoints GTM as a Korea Distributor

December 15, 2003 - Seoul, Korea - GCT Semiconductor, Inc., an industry leader in radio frequency (RF) integrated circuits (ICs) for wireless devices, announced that it has finalized an exclusive agreement with Korea Distributor, GTM Korea, in order to deliver GCT's leading edge semiconductor solutions including GSM/GPRS, Bluetooth, and Wireless LAN to Korean Customers.

GTM Korea, a leading distributor in the telecommunication device industry, has extensive experience in selling M-Systems' flash disk memory and Lattice Semiconductor's Zero Power PLDs to GCT's target handset customers in Korea. This co-operation between two major players in the semiconductor marketplace will also provide customers with faster time-to-market for their wireless products.

About GCT Semiconductor, Inc.

GCT Semiconductor is a leading fabless semiconductor company that produces innovative integrated circuit solutions for the wireless communications industry. With its proven radio frequency (RF) CMOS and system-on-a-chip (SOC) expertise, GCT provides state-of-the-art single-chip CMOS RF transceivers, mobile digital TV receivers and Mobile WiMAX solutions serving 3G and 4G mobile system manufacturers by reducing BOM cost, lowering power consumption and minimizing total solution size. For more information, please visit www.gctsemi.com.