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Semtech Corp - SMTC STOCK NEWS

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.

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Semtech Corporation (Nasdaq: SMTC) announced a collaboration with InVue to integrate the LoRaWAN® protocol into InVue LIVE products aimed at enhancing retail operations. This partnership focuses on improving efficiency, security, and shopper experience through actionable data insights. InVue LIVE devices utilize a LoRaWAN network for real-time monitoring, enabling retailers to track customer interactions, reduce theft, and optimize inventory management. The initiative showcases advancing IoT applications in retail, positioning both companies to meet the evolving demands of the industry.

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Semtech Corporation (SMTC) has partnered with Arnouse Digital Devices Corporation to integrate its AVX200T extender ASIC into ADDC's secure thin clients, the SR10-FDD and SR20-FDD. This collaboration enhances data security and provides uncompressed 4K60 video quality across various sectors including retail, banking, and government. The SR10-FDD can accommodate up to 10 local desktops, while the SR20-FDD supports up to 20. Semtech aims to meet the growing demand for AV extension solutions focused on high-quality performance and security.

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Semtech Corporation (Nasdaq: SMTC) has partnered with EchoStar Mobile to launch an initiative testing satellite connectivity services through the LoRaWAN® protocol. This collaboration aims to create a cost-effective, real-time, bidirectional IoT connectivity service using the LoRa technology, promising to expand access in sectors such as logistics and agriculture. The LoRaWAN protocol's recent expansion includes support for Long Range – Frequency Hopping Spread Spectrum (LR-FHSS) data rates, allowing millions of devices to connect through both terrestrial and satellite networks.

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Semtech Corporation (SMTC) has launched the LoRa® Corecell Reference Design for full duplex gateway applications in the U.S. ISM band. This new product enhances network capacity for smart metering, buildings, and factories while providing cost savings compared to cellular alternatives. The full duplex design improves message response times and reduces management costs by enabling simultaneous data transmission and reception. Key features include a 10x power reduction, up to +27dBm transmit power, and extensive demodulation capabilities.

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Semtech Corporation (Nasdaq: SMTC) is enhancing its commitment to sustainability through its innovative Internet of Things (IoT) platform. The company’s LoRa devices and LoRaWAN protocol address global challenges in areas such as wildlife protection, sustainable farming, and water conservation. With applications ranging from monitoring endangered species to combating COVID-19, Semtech aims to create a smarter, safer planet. The company asserts that its technology solutions help improve environmental consciousness and conserve resources.

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Semtech Corporation (Nasdaq: SMTC) announced that Vision Metering, LLC has enhanced its deployment of IoT utility solutions using LoRaWAN technology across key markets in the U.S. and Latin America. Vision reported onboarding municipal utilities at a rapid pace of two to three per week. Customers, including Presque Isle Electric & Gas Co-Op, are modernizing their metering systems, leading to significant cost savings, such as $20,000 in reduced transportation expenses for meter reading. Semtech's technology supports diverse applications, enhancing utility management efficiency.

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Semtech Corporation (Nasdaq: SMTC) has announced the sampling of its latest Tri-Edge™ CDR product, the GN2256. This IC is the first to enable 50Gbps PAM4 Wavelength Division Multiplexing and Silicon Photonics optical modules, integrating low latency and low power consumption. Designed for global 5G wireless infrastructure, the GN2256 caters to differing regional deployment needs. It enhances 5G optical module solutions worldwide, complemented by a Reference Design Kit for quick adoption. Semtech continues to lead in 5G technologies with an extensive portfolio.

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Semtech (SMTC) announced that DevApp Tech Solutions has successfully integrated the LoRaWAN protocol into its luggage trolley management system at Hyderabad International Airport. This solution uses 3,000 trolley sensors and 100 concentrators to improve asset tracking. The deployment enables real-time data access and has reportedly saved the airport 30% to 40% in direct costs and up to 60% in indirect costs by enhancing operational efficiency and accuracy. The implementation reflects the effectiveness of IoT solutions in improving management processes in high-traffic areas.

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Semtech Corporation (Nasdaq: SMTC) announced a virtual meeting on April 7, 2021, at 4:15 p.m. EDT with Piper Sandler & Co.'s Harsh V. Kumar. President and CEO Mohan Maheswaran, along with CFO Emeka Chukwu, will discuss the company's long-term business strategy and general market conditions. Investors can access a webcast of the event and a replay through Semtech’s Investor Relations webpage.

Founded in 1967, Semtech specializes in high-performance analog and mixed-signal semiconductors and is committed to sustainability.

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Semtech Corporation (Nasdaq: SMTC) has launched the GS12170 SDI/HDMI Bridge chip, a pioneering solution for low-power, uncompressed 4K-video and multichannel audio transmission between HDMI and SDI. This single-chip design eliminates the need for expensive FPGAs, offering over 100m reach with UHD-rated coaxial cable when combined with Semtech's 12G UHD-SDI products. Key features include HDMI/SDI conversion, support for 4Kp60 formats, and automatic audio embedding. The GS12170 is designed for integration in various AV equipment, enhancing performance while reducing costs.

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FAQ

What is the current stock price of Semtech (SMTC)?

The current stock price of Semtech (SMTC) is $63.55 as of December 20, 2024.

What is the market cap of Semtech (SMTC)?

The market cap of Semtech (SMTC) is approximately 5.5B.

What does Semtech Corporation do?

Semtech Corporation supplies high-quality analog and mixed-signal semiconductor products, focusing on power management, protection, advanced communications, and wireless solutions.

What are the main segments of Semtech Corporation?

Semtech operates in four main segments: Signal Integrity, Advanced Protection and Sensing, IoT System, and IoT Connected Services.

Where does Semtech Corporation earn most of its revenue?

The majority of Semtech's revenue comes from the Asia Pacific region.

What recent strategic partnership has Semtech Corporation announced?

Semtech recently partnered with Måna Care AB to promote digital inclusion for elderly and cognitively challenged communities through their IoT Systems and Connectivity Product Group.

When did Semtech acquire Sierra Wireless?

Semtech acquired Sierra Wireless in 2023.

What is Semtech’s AirVantage® Smart Connectivity service?

AirVantage® Smart Connectivity is a service that ensures reliable global connectivity for IoT devices, leveraging a network of over 600 operators in more than 190 countries.

What type of products does Semtech develop?

Semtech develops integrated circuits (ICs), connectivity modules, gateways, routers, and connected services for various applications, including communications, industrial, and consumer markets.

How does Semtech support Måna Care’s mission?

Semtech supports Måna Care’s digital inclusion mission by providing reliable connectivity through their AirVantage Smart Connectivity service, enabling caregivers to stay connected with their loved ones.

What markets does Semtech cater to?

Semtech caters to infrastructure, industrial, and consumer markets with its semiconductor and IoT solutions.

Where can I learn more about Semtech Corporation?

You can learn more about Semtech Corporation on their official website at www.semtech.com or follow them on LinkedIn and X.

Semtech Corp

Nasdaq:SMTC

SMTC Rankings

SMTC Stock Data

5.52B
74.70M
1.26%
116.21%
9.1%
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