Welcome to our dedicated page for Semtech news (Ticker: SMTC), a resource for investors and traders seeking the latest updates and insights on Semtech stock.
Semtech Corporation (NASDAQ: SMTC) is a leading global supplier of high-quality analog and mixed-signal semiconductor products. The company focuses on delivering proprietary solutions and breakthrough technologies across various domains including power management, protection, advanced communications, human interface, test & measurement, and wireless and sensing products. Semtech designs, develops, manufactures, and markets these products to be utilized in diverse applications such as communications, computer and computer peripherals, automated test equipment, industrial, and other commercial sectors.
The company operates through four main segments: Signal Integrity, Advanced Protection and Sensing, IoT System, and IoT Connected Services. A significant portion of its revenue is generated from the Advanced Protection and Sensing Products segment. Geographically, the majority of Semtech’s revenue originates from the Asia Pacific region, reflecting its strong market presence and extensive customer base in that area.
In recent news, Semtech Corporation announced a strategic partnership with Måna Care AB, a Swedish start-up focused on digital communication and care platforms. Semtech’s IoT Systems and Connectivity Product Group, formerly known as Sierra Wireless, has been pivotal in supporting Måna Care’s mission to promote digital inclusion for elderly and cognitively challenged communities. The collaboration leverages Semtech’s AirVantage® Smart Connectivity service to ensure reliable, global connectivity for Måna Care’s innovative communication devices, aiding caregivers, families, and friends to stay connected with their loved ones.
Semtech acquired Sierra Wireless in 2023, enhancing its capabilities in high-performance semiconductors, IoT systems, and cloud connectivity services. This acquisition aligns with Semtech’s commitment to enabling a smarter, more connected, and sustainable planet. The company’s comprehensive product portfolio includes integrated circuits (ICs) and connectivity modules designed to meet the evolving needs of infrastructure, industrial, and consumer markets.
Semtech continues to innovate and expand its product offerings, focusing on advancing technologies that empower solution architects and application developers. By maintaining strong technical support and sales channels, and establishing strategic partnerships, Semtech is well-positioned to capitalize on emerging market opportunities and drive growth in the semiconductor industry. For more details on Semtech Corporation’s latest updates and achievements, visit their official website or follow them on professional networks like LinkedIn and X.
Semtech Corporation (NASDAQ: SMTC) announced a collaboration with Everynet and Telkom Indonesia to provide an insulated vaccine carrier for tracking COVID-19 vaccine temperatures. This solution aims to reduce waste and improve vaccination rates using a LoRaWAN network. The carrier continuously monitors vaccine temperatures, sending real-time data to ensure compliance with health regulations. Over 200 Indonesian cities are now covered by the LoRaWAN network, which is cost-effective and enhances vaccine safety.
Semtech Corporation (SMTC) announced a partnership with ICT International to enhance urban forest management using LoRaWAN technology. The collaboration aims to monitor plant health via real-time data collection from devices like the SFM1L Sap Flow Meter and PSY1 Stem Psychrometer. These devices measure plant water use and soil moisture, crucial for maintaining healthy urban forests. The initiative supports carbon accounting and helps urban areas better manage their green spaces, fostering environmental sustainability.
Semtech Corporation (SMTC) has announced the launch of its PerSe™ line of sensors, designed for personal connected consumer devices. This new portfolio includes three product lines: PerSe Connect, PerSe Connect Pro, and PerSe Control, aimed at enhancing user experiences in smartphones, laptops, and wearables by intelligently sensing human presence. The sensors offer superior RF performance and compliance with Specific Absorption Rate regulations, crucial for the growing 5G smartphone market. Semtech capitalizes on over a decade of sensor technology expertise to improve connectivity and user automation.
Semtech Corporation (NASDAQ: SMTC) has partnered with VuWall to launch a new line of HDMI extenders, featuring robust features against electromagnetic interference (EMI) and guaranteed cable lengths in copper and fiber options. Utilizing Semtech's AVX technology, these extenders support uncompressed 4K video, multi-channel audio, and more, while reducing overall system costs. The collaboration aims to enhance multimedia connectivity, setting a new standard for AV extension technologies.
Semtech Corporation (NASDAQ: SMTC) announced the upgrade of its LoRa® Developer Portal, streamlining the development process for IoT devices utilizing the LoRaWAN® standard. The portal offers extensive resources such as interactive tutorials, a vibrant community page, and the LoRaWAN Academy™. The launch aims to provide developers with all necessary tools for efficient IoT solution development, reflecting the growing 12.1% increase in enterprise IoT spending, which reached $128.9 billion in 2020.
Semtech Corporation (SMTC) announced a collaboration with Sindcon (Singapore) IoT Technology and Electrique Energie & Metering to implement smart energy and water meters using LoRaWAN® at the Singapore Zoo. This initiative aims to reduce total energy consumption by 10% through the deployment of over 1,000 smart meters, which can transmit real-time data every 15 minutes. The project overcomes challenges posed by the zoo's terrain while enhancing operational efficiency and supporting a sustainable future.
The LoRa Alliance announced the upcoming LoRaWAN World Expo on March 29-30, 2022, in Paris. This expo will showcase the latest in LoRaWAN technology, emphasizing its impact on IoT, sustainability, and business efficiencies. With over 2,000 attendees and 80 speakers, it will feature insights from industry leaders and experts, including Semtech as a premier sponsor. According to VDC Research, LPWAN revenue in IoT is projected to reach $8.4 billion by 2025, with LoRaWAN accounting for 34% of that market.
Semtech Corporation (SMTC) announced that GTI will showcase a new "Natural Gas Smart Safety Shutoff System" at the 2021 AGA Operations Conference in Kissimmee, Florida, from October 4-7. This system employs the LoRaWAN® standard and includes a Remote Methane Detector, a smart valve, and a smart meter. It aims to enhance safety by shutting off gas flow in real time upon detecting methane, responding to the significant increase in gas usage in the U.S., which has risen by 77% over the last three decades. The initiative is backed by funding from Operations Technology Development and the California Energy Commission.
Semtech Corporation (NASDAQ: SMTC) announced its inaugural Tech Topic Webinar scheduled for October 6, starting at 4 p.m. EDT. The webinar will feature CEO Mohan Maheswaran and VP Alistair Fulton, who will discuss the long-term strategies and opportunities for Semtech’s LoRa® technology. Attendees can join via live webcast at investors.semtech.com/events. A replay will be available afterwards. Semtech is dedicated to providing high-performance semiconductors and reducing environmental impact.
Semtech Corporation (SMTC) has announced a new zero carbon energy harvesting solution in collaboration with Ryoden Corporation and Renesas Electronics. Utilizing a Renesas RE Family microcontroller and Semtech’s LoRa Edge platform, this maintenance-free device offers advanced security and geolocation capabilities. It is designed for various applications including asset management and logistics tracking. The RE Family MCU is touted as the ‘world’s most energy-efficient’ and allows for battery-less operation, reducing power consumption significantly.
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