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 announced a collaboration with eLichens to develop the avolta-CH4, a connected gas leak detector utilizing the LoRaWAN standard. This innovative device detects natural gas leaks with high selectivity and without drift over time, and has received approval from research gas laboratories. The combination of eLichens' patented NDIR sensor technology and Semtech's LoRa technology enhances safety by enabling long-distance communication and low-power operation, boasting a battery life exceeding 10 years, thus aiding in effective monitoring and compliance.
Semtech Corporation (Nasdaq: SMTC) announced a collaboration with Swiss Post to deploy 'Order Pens' utilizing LoRa devices and LoRaWAN technology, enhancing postal service accessibility across Switzerland. This initiative is part of a four-year strategy aimed at better serving remote areas lacking traditional postal services. The Order Pens provide universal access for citizens, allowing on-demand ordering of postal services without a smartphone or SIM cards. The deployment is estimated to significantly impact the efficiency of postal operations, driven by the support of Swisscom's nationwide network.
Semtech Corporation (Nasdaq: SMTC) has teamed up with WyreStorm to launch the new EX-100-H2-EARC, a high-performance AV extender capable of transmitting 18Gbps signals up to 100 meters. This product is designed for residential use, supporting uncompressed 4K HDR video and Dolby Vision, and is compatible with HDMI eARC. The collaboration emphasizes the growing demand for high-quality AV solutions in homes, leveraging Semtech's advanced AVX technology.
Semtech Corporation (Nasdaq: SMTC) has launched the EClamp8052P, a new device within its EClamp® platform that combines common-mode noise filtering with low-capacitance ESD protection. Designed for high-speed data interfaces such as MIPI, MHL, and USB, the EClamp8052P meets stringent EMC compliance and offers ESD protection up to ±30kV (Air) and ±25kV (Contact). This product addresses supply chain challenges in acquiring standalone filter devices, making it a preferred solution for customers.
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.
FAQ
What is the current stock price of Semtech (SMTC)?
What is the market cap of Semtech (SMTC)?
What does Semtech Corporation do?
What are the main segments of Semtech Corporation?
Where does Semtech Corporation earn most of its revenue?
What recent strategic partnership has Semtech Corporation announced?
When did Semtech acquire Sierra Wireless?
What is Semtech’s AirVantage® Smart Connectivity service?
What type of products does Semtech develop?
How does Semtech support Måna Care’s mission?
What markets does Semtech cater to?
Where can I learn more about Semtech Corporation?
