HOD HASHARON, Israel — November 18, 2013 — Altair Semiconductor (www.altair-semi.com), the world’s leading developer of high-performance, single-mode LTE chipsets, today announced that its FourGee-3100/6202 chipset is at the core of the new, LTE-enabled Ellipsis 7 tablet, which is the first-ever device marketed under Verizon Wireless’ own brand.

“We are proud to have been selected by Verizon Wireless – the 4G LTE leader – to power its first consumer LTE-only device,” said Eran Eshed, Co-Founder and Vice President of Marketing and Business Development at Altair. “Since introducing the first single-mode LTE chipset in the world several years ago, we have pioneered this market with the highest performance, yet affordable, LTE semiconductors. This product is a strong endorsement of our strategy to disrupt the market and displace costly 3G+4G multimode with lower cost 4G LTE-only Internet connectivity solutions.”

As LTE coverage expands in key markets such as the US, Japan and Korea, carriers are able to realize the significant cost benefits of integrating 4G LTE functionality into devices deployed on their networks, while removing the costly 3G component from their requirements. The impact of this trend is a fundamental transformation of LTE, from being a premium feature to a mainstream feature and enabling previously cost-prohibitive applications, such as tablets, netbooks, connected consumer devices and M2M with mobile broadband cloud connectivity.

Altair’s FourGee-3100/6202 is the world’s first LTE-only chipset to have been certified by Verizon Wireless’ 4G chipset certification program.