Renesas Electronics and Sequans Communications announced an expansion of their collaboration to include development of 5G modules based on Sequans’ upcoming Taurus 5G platform. The Taurus platform is 3GPP Release 16 compliant and optimized to address a wide range of enhanced broadband and critical IoT applications, including fixed wireless access, mobile computing, private and vertical networks, industrial machinery, AR/VR, and drones. According to Techno Systems Research, the global addressable market is estimated to be more than 250 million devices by 2025.
Source: https://www.helpnetsecurity.com/2021/01/11/renesas-sequans/