Swiss IoT module maker u-blox is to phase out its loss-making cellular IoT business, the firm has said. The division has over 200 employees; jobs are expected to go with its closure. It made revenue of CHF 27 million ($29.6 million) in the first half of 2024, against (adjusted EBIT) losses of more than CHF […]
Categories 5G, ABI Research, berg insight, cellular IoT, eRedCap, Internet of Things (IoT), IoT, LPWAN, LTE-M, NB IoT, RedCap, Transforma Insights, u-blox