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) has partnered with DIC Corp. to launch the HatteTotteTM environmental sensors, which utilize the LoRaWAN® standard. These sensors measure temperature, humidity, and light levels, making them ideal for smart building applications such as malls and residential spaces. The sensors feature a thin, peel-and-stick design for easy installation and boast a battery life of up to five years. This collaboration aims to enhance safety and efficiency in buildings, particularly in a post-pandemic environment where environmental monitoring is critical.
Semtech Corporation (Nasdaq: SMTC) announced the integration of its LoRa® devices into LDT's smart fire prevention system in South Korea. This innovative system uses sensors and network cameras to detect flames, smoke, and temperature changes in real time within commercial properties. LoRa technology enhances the system’s capabilities, providing real-time analytics and geolocation to protect facilities like shopping malls. The collaboration aims to improve emergency response times and enhance safety, showcasing Semtech's commitment to creating smarter solutions for building owners.
Semtech Corporation (NASDAQ: SMTC) announced a collaboration with Aurora Multimedia Corp. to integrate its BlueRiver™ AVP2000 processor into Aurora's IPX-TC3A Series, enhancing low power AV over IP solutions. The AVP2000 features low power consumption (6 watts), small size, and delivers high-resolution 4K video with no frame latency, positioning it as a leader in the Pro AV industry. This partnership aims to provide efficient, high-quality AV solutions for sectors requiring superior video quality, such as esports and government facilities.
Semtech Corporation (Nasdaq: SMTC) announces a partnership with SkyLab B.V. to utilize Semtech's LoRa Edge™ asset management platform for a new prototyping board. This collaboration aims to enhance indoor and outdoor asset management solutions, focusing on low power consumption to extend battery life and cut costs for large-scale deployments. Features of the prototyping board include various sensors and cloud-based geolocation capabilities that help in precise tracking. Semtech emphasizes its commitment to customer ROI through this innovation.
Semtech Corporation (Nasdaq: SMTC) announced that CEO Mohan Maheswaran will participate in a virtual fireside chat at Baird’s 2021 Global Consumer, Technology & Services Conference on Wednesday, June 9, 2021, at 4:20 p.m. EDT. Investors can access a live webcast and replay through the Investor Relations section of Semtech’s website.
Semtech specializes in high performance analog and mixed-signal semiconductors, with a commitment to environmental sustainability and community benefits. The company has been publicly traded since 1967.
Semtech Corporation (SMTC) reported its Q1 FY2022 results, with net sales of $170.4 million, marking a 3% sequential and 28% year-over-year increase. GAAP gross margin rose to 61.5% and operating income surged 14x sequentially. Notably, the Wireless and Sensing products group achieved record sales, up 7% sequentially and 78% year-over-year. For Q2, Semtech anticipates net sales between $177.0 million and $187.0 million, with EPS expected to range from $0.40 to $0.48, despite potential challenges from the ongoing COVID-19 pandemic.
Semtech Corporation (Nasdaq: SMTC) has appointed Charles B. Ammann as its first ESG officer to spearhead sustainability initiatives. The company aims to foster diversity, inclusion, and employee engagement while advancing its Environmental, Social, and Governance efforts. Key initiatives for 2021 include enhancing diverse hiring practices, developing leadership programs, and leveraging its LoRa® IoT technology for environmental conservation. Semtech is committed to aligning its corporate citizenship with long-term sustainability goals to benefit stakeholders.
Semtech Corporation (NASDAQ: SMTC) will release its first quarter financial results for fiscal year 2022 after market close on June 2, 2021. The results will be disclosed via Business Wire and available on Semtech's website. A conference call to discuss the financial performance, current business activities, and future outlook will take place at 2 p.m. PT (5 p.m. ET) on the same day. The call will also be accessible through a live webcast, with a replay available afterward.
Semtech Corporation (Nasdaq: SMTC) has announced a collaboration with SAS to deliver innovative Edge-to-Cloud IoT solutions aimed at addressing major global challenges, including natural disasters and sustainability. The partnership will leverage LoRaWAN® connectivity and SAS's IoT analytics platform, facilitating the development of effective IoT solutions. This strategic alliance strives to simplify the complexities of IoT implementations, enhancing intelligent decision-making for a smarter and safer planet.
Semtech Corporation (Nasdaq: SMTC) announced a partnership with Intel to create optical semiconductor platforms for Light Detection and Ranging (LiDAR). This collaboration integrates Semtech’s laser drivers and programmable transimpedance amplifiers into Intel's RealSense LiDAR Camera L515, achieving high efficiency and resolution. The L515 delivers up to 23 million depth points per second and operates effectively in low signal-to-noise ratio conditions. Semtech is developing future chipsets together with Intel to advance applications in various sectors including robotics and logistics.
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