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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) and DTDS Technology have collaborated to develop the 622 Module, operating on the LoRaWAN® protocol. This module, featuring an integrated Renesas MCU, enhances network coverage for automotive and industrial IoT applications. It supports both Class A and Class C LoRaWAN specifications, ensuring efficient long-range connectivity with low power consumption. Designed for smart utilities and IoT solutions, the module simplifies product development, aiming to expedite the launch of high-quality wireless applications in various sectors.

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Semtech Corporation (Nasdaq: SMTC) has announced the sampling of its new Tri-Edge™ CDR solution, the GN2255, designed for 50Gbps PAM4 5G front haul applications. This IC enhances bandwidth capabilities, doubling the current 25Gbps links while maintaining low power consumption and ultra-low latency. The GN2255 is the first of its kind to support optical modules for up to 10km with less than 1.5W power requirements. The introduction aims to facilitate advancements in edge computing and mobile broadband services as 5G technology continues to grow.

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Semtech Corporation (Nasdaq: SMTC) announced a partnership with WITRAC to integrate the LoRaWAN® protocol into WITRAC's global tracking platform. This collaboration enhances real-time location and telemetry capabilities, essential for supply chain traceability. Boluda Corporación Marítima has adopted WITRAC's platform for its Daily Canarias line, ensuring the quality of cold chain transport for fresh goods and medicines. The LoRaWAN technology improves control over temperature-sensitive deliveries, facilitating compliance with food safety regulations.

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Semtech Corporation (Nasdaq: SMTC) has released a commissioned white paper by ABI Research titled “LoRaWAN® and Multi-RAN Architecture Connecting the Next Billion IoT Devices,” discussing the tremendous growth of IoT connectivity. The report identifies LoRaWAN as the leading low-power wide-area network technology for various sectors including metering and logistics. Key takeaways highlight the coexistence of LoRaWAN and 5G, the role of LoRa devices in IoT networks, and projections indicating that by 2026, LoRa will capture over 25% of the LPWA market.

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Semtech Corporation (Nasdaq: SMTC) has announced that Cypress Technology will use its AVX technology for a new range of high-quality AV extenders. The AVX enables the transmission of uncompressed 4K60 video over distances up to 30km. Cypress’s products utilizing AVX are being adopted for applications in command and control and medical fields. AVX is noted for its reliability against EMI interference and versatility in connecting various signals. The adoption of AVX signifies its growing importance in the fiber optic AV extensions market.

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Semtech Corporation (Nasdaq: SMTC) announces a partnership with Swarm Technologies to integrate its LoRa devices into Swarm's satellite communications network. This collaboration aims to enhance two-way communications via Low Earth Orbit (LEO) satellites, addressing applications in logistics, agriculture, and energy. The network now operates with 72 satellites, achieving global coverage, and targets 150 by year-end 2021, promising latency under one minute. This initiative is expected to provide reliable and cost-effective connectivity for IoT devices globally.

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Semtech Corporation (Nasdaq: SMTC) has unveiled the LoRa Core™ portfolio, featuring a new chipset designed for global LoRaWAN network coverage. This portfolio aims to enhance multiple industries, including asset tracking and agriculture. The SX1303 gateway processor supports precise geolocation without GPS, assisting in cost-sensitive applications. Key features include nano-second resolution time stamps and improved power efficiency. The LoRa Core portfolio supports the LoRaWAN protocol, facilitating rapid IoT deployments.

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Semtech Corporation (Nasdaq: SMTC) announced the integration of the LoRaWAN® protocol into Meshed Pty Ltd's nCounter people counting solution. This development aims to enhance public health and safety monitoring in smart cities during the COVID-19 pandemic. The nCounter leverages anonymous smartphone data to assess population movement in real-time, enabling city officials to track compliance with social distancing guidelines. Furthermore, a partnership with the University of Wollongong resulted in research into the pandemic's impact on local communities using data collected from 90 nCounter devices.

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Semtech Corporation (Nasdaq: SMTC) has partnered with Digital Matter to deploy the Yabby Edge, a battery-powered tracking device leveraging Semtech’s LoRa Edge™ platform. This innovative device addresses key challenges in asset management, featuring low power consumption and a battery life of up to 12 years, making it suitable for various tracking applications such as inventory and medical equipment management. Set to launch in April 2021, the Yabby Edge operates on the LoRaWAN® protocol, promising reduced costs and complexity in IoT asset management.

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Semtech Corporation (Nasdaq: SMTC) announced the integration of the LoRaWAN® protocol into the KLAX line of smart meter interface modules developed by Alpha-Omega Technology. This partnership enables efficient retrofitting of legacy metering solutions for real-time utility data transfer, significantly reducing installation costs.

The KLAX module offers magnetic deployment, real-time monitoring of energy and gas use, and facilitates smart utility management without the need for external devices. This innovation aims to provide substantial returns on investment for users.

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FAQ

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

The current stock price of Semtech (SMTC) is $50.9 as of November 21, 2024.

What is the market cap of Semtech (SMTC)?

The market cap of Semtech (SMTC) is approximately 3.8B.

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

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SMTC Stock Data

3.82B
74.24M
1.25%
115.97%
9.1%
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