GCT Semiconductor Welcomes Nelson C. Chan to Board

GCT Semiconductor Holding, Inc. (“GCT” or the “Company”) (NYSE: GCTS), a distinguished innovator and provider of cutting-edge 5G and 4G semiconductor solutions, has proudly declared the appointment of Nelson C. Chan to its esteemed Board of Directors, effective as of March 26, 2024.

Expressing his enthusiasm, John Schlaefer, the Chief Executive Officer of GCT, remarked, “We are thrilled to welcome Nelson Chan to our Board of Directors. Mr. Chan’s extensive board experience, profound knowledge of 5G and AI technology, along with his exemplary leadership acumen, will undeniably serve as invaluable assets to GCT as we navigate through our new phase as a publicly listed company.”

Mr. Chan brings with him a wealth of board experience spanning numerous years. Currently serving as the Chair of the Board of Directors of Synaptics and a board member of Deckers Outdoors and Twist Bioscience, Mr. Chan has previously held the position of Chair on the boards of Adesto Technologies and Outerwall. Additionally, he has contributed his expertise as a board member for companies such as Affymetrix, Silicon Laboratories, Inc., and Socket Mobile. Furthermore, Mr. Chan has held executive roles, including Chief Executive Officer of Magellan Corporation and various senior management positions at SanDisk Corporation, culminating in his role as Executive Vice President and General Manager of the Consumer Business division.

Expressing his honor, Mr. Chan stated, “I am privileged to be a part of GCT and eagerly anticipate collaborating with my esteemed colleagues on the board and the proficient management team. I envision significant potential for the company’s future and firmly believe that GCT is poised to capitalize on the burgeoning 5G market.”

Mr. Chan is an alumnus of the University of California at Santa Barbara, where he obtained a Bachelor of Science degree in Electrical and Computer Engineering, and Santa Clara University, where he earned his Master’s degree in Business Administration.

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