The company offers two Bluetooth and Wi-Fi modules on VoIP catering to the M2M connections market. The two series of wireless modules that the company provides are BlueFan modules using Toshiba SoCs and BlueNor modules using Nordic SoCs. BlueFan Series consists of BLE, Bluetooth Dual Mode, WiFi+Bluetooth Dual Mode, and Cortex A9/Linux computer board for IoT hub. Secure connection is available for both BLE and BT classic connections. Nordic is the first to offer SoC fully compliant with Bluetooth 5 specifications. Fanstel is the first to ship BT840F, a Bluetooth 5 module using this SoC. BT840F supports BLE, ANT, Thread, and ZigBee. The company focuses on improving its products through R&D. Source: MarketsandMarkets Analysis