With the accelerated phase-out of 2G/3G networks, the number of global cellular IoT connections surpassed the 4.7 billion mark in 2026. With Cat 1 bis and 5G RedCap technologies becoming mainstream, manufacturers are facing the challenge of inventory turnover. As a leading global electronics component recycler, Shenzhen Mingjiada Electronics Co., Ltd. is stepping up its efforts to purchase surplus inventory of various cellular IoT modules and chips, providing inventory optimization and rapid cash recovery solutions for the communications industry chain.
Cellular IoT Chip Market: Moving from Low-Speed Connections to Mid-Range Capabilities
According to the latest industry research reports released by authoritative institutions such as QYResearch, global sales of cellular IoT module chips reached $1.105 billion in 2025. With the widespread adoption of smart cities, smart metering (electricity/water meters), vehicle-to-everything (V2X) connectivity, and asset tracking applications, the market is projected to grow at a compound annual growth rate (CAGR) of 6.5% to reach $1.704 billion by 2032.
As NB-IoT (Narrowband IoT) and LTE-Cat 1 bis technologies gradually dominate the market, the competitive focus of chip suppliers has shifted from simply introducing new standards to low-power design, RF integration, and the ability to deliver at scale. Against this backdrop, many module manufacturers and end-device vendors are clearing out chip inventory that only supports older standards (such as 2G/3G or first-generation 4G) and shifting to more efficient 5G RedCap and Cat 1 bis platforms.
Mingjiada’s Key Acquisition List: Focus on Nordic, Sequans, and 5G Components
Shenzhen Mingjiada Electronics Co., Ltd. was established in 1996 and has been deeply involved in the electronic component supply chain sector for over two decades. In response to the current technological transformation in the cellular IoT market, Mingjiada has established a dedicated wireless connectivity chip procurement department to purchase the following types of original, unused inventory at premium cash prices:
1. Core chips for cellular IoT (LPWAN)
With the global deployment of LTE-M and NB-IoT, demand for these chips is enormous, making them a key focus of Mingjiada’s acquisitions:
Nordic Semiconductor: Specifically the nRF91 series (e.g., nRF9160, nRF9151). Thanks to their ultra-low power consumption and integrated Arm Cortex-M33 core, these SoCs are widely used in wearable devices, smart meters, and asset trackers.
2. RF Front-End and Wireless Connectivity SoCs
Qualcomm: The MDM9x07 series, as well as the latest 5G RedCap-dedicated chips (such as the Snapdragon X35), while also supporting multi-mode IoT chips like the QCA4020.
Quectel: Although primarily known for modules, Mingjiada also purchases stock of original modules based on HiSilicon or Qualcomm platforms, such as the BC25 (NB-IoT), EC25 series (4G), and RG500U (5G).
Texas Instruments (TI): IoT connectivity chips such as the CC2642 and CC1352 (supporting Sub-1GHz and Bluetooth multimode).
3. Other Key Components
Including, but not limited to, RF front-end chips (RF FEM, such as Skyworks and Qorvo), high-end automotive-grade MCUs, and 5G communication modules for industrial IoT.
Why Choose Mingjiada Electronics for Inventory Management?
Faced with cyclical fluctuations in the semiconductor industry, inventory reduction and cash flow optimization have become the top priorities for businesses. Mingjiada Electronics has become a trusted partner for numerous OEM/ODM manufacturers and distributors thanks to the following advantages:
High-Priced Cash Payment, Rapid Valuation: We maintain a real-time global price database. Upon receiving your inventory list, we commit to providing a competitive quote within 2 hours, with support for video inspections and on-site testing.
Flexible Transaction Models: We support bulk clearance, consignment sales, and on-site inspections. Whether you have unsold cellular IoT modules or surplus Nordic nRF91 series samples resulting from project cancellations, we offer flexible solutions.
Compliant Payment Settlement: Upon completion of inspection, we support same-day settlement via cash or wire transfer, ensuring secure and efficient cash flow for our clients.
Seize the Golden Decade of IoT and Revitalize Excess Inventory
According to IoT Analytics, global cellular IoT connections are projected to exceed 9.2 billion by 2030. As Cat 1 bis gradually replaces traditional 2G/3G networks, supply chain flexibility is critical. If you have excess cellular IoT chips, end-of-life (EOL) communication modules, or surplus production materials, please contact Mingjiada Electronics.
Give your idle chips a new lease on life in IoT devices while freeing up valuable warehouse capital for your business.
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