Sivers Semiconductors AB announced that 8Devices has placed an order for unlicensed 5G RF modules. The total order value amounts to $2.1 million and will be delivered in 2022 starting in the first quarter of 2022. This order is designated for one of 8Device's customers.

The customer has the right, within some limitations and early warnings, to cancel or move parts of the order at no charge. The company estimates that the recognized revenue for 2022 will amount to approximately $1.5 million.