Fibocom 5G RedCap and LPWA IoT Modules

Fibocom Wireless Inc. was founded in 1999 and is headquartered in Shenzhen, China, with an R&D branch in Xi'an. It listed on the Shenzhen ChiNext board in 2017 (300638.SZ) and on the Hong Kong Main Board in 2025 (0638.HK). The company has more than 2,000 employees, 65% in R&D, and says it operates in over 100 countries.

Fibocom supplies cellular modules for 5G, 5G RedCap, LTE and LPWA (LTE Cat.M and NB-IoT), plus Wi-Fi, GNSS, automotive and AI modules. Its 5G RedCap module FG131 follows 3GPP Release 17, supports 5G SA with theoretical peaks of 223 Mbps downlink, and is pin-compatible with its LTE Cat 6 modules to ease migration from 4G. Ready-to-market reference designs combine FG131 with Wi-Fi for 5G fixed wireless access CPE, hotspots and dongles, while the compact MQ771-GL targets LTE Cat.M devices.

• 5G RedCap FG131: 3GPP Release 17 module with 5G SA support and LTE Cat 6 pin compatibility.
• LPWA modules: LTE Cat.M and NB-IoT modules such as the compact MQ771-GL.
• RedCap plus Wi-Fi designs: reference solutions for 5G FWA CPE, hotspots and dongles.
• Open platforms: OpenCPU and OpenWRT support for custom applications.
• Broad portfolio: 5G, LTE, Wi-Fi, GNSS and automotive modules.
• AI modules: AI dongles and AI CPE for edge AI devices.

Vietnamese router and CPE makers can build 5G RedCap FWA devices for operators. Smart meter and POS terminal producers can use LPWA or Cat.M modules. Industrial equipment makers can add 5G RedCap to cameras, gateways and robots in factories.

Device makers can move from 4G to 5G RedCap on existing board layouts thanks to pin-compatible footprints. One supplier covers 5G, LTE, LPWA, GNSS and Wi-Fi, simplifying sourcing and certification. Ready reference designs for RedCap plus Wi-Fi shorten development of FWA and hotspot products. The company reports serving multiple Fortune Global 500 clients.

5G RedCap brings 5G standalone features to mid-tier IoT devices at lower cost and power, while LTE Cat.M and NB-IoT replace 2G and 3G in meters and trackers. Operators are expanding 5G FWA as a fiber alternative. Vietnam's ongoing 5G rollout and its large electronics manufacturing base create demand for certified 5G modules.

Founded in 1999 and headquartered in Shenzhen, China; listed on ChiNext in 2017 and on the HKEX Main Board in October 2025. Strategic investment from Intel in 2014; acquired Sierra Wireless's automotive OEM module business in 2022. Holds an A-level ESG rating from Wind (2026).