Semtech Joins Mobile Optical Pluggable Alliance to Help Drive Next-Gen 5G Wireless Requirements and Optical Solutions

Rhea-AI Summary

Semtech Corporation (NASDAQ: SMTC) has joined the Mobile Optical Pluggable Alliance (MOPA) along with major industry leaders including Ericsson and Nokia. As the only semiconductor member, Semtech aims to enhance the development of optical solutions for the telecommunications sector. The move is expected to accelerate the rollout of next-generation wireless architectures and optimize the performance of 5G technology. The Ericsson Mobility Report forecasts that 5G subscribers will reach 5 billion by 2028, indicating a significant need for efficient optical solutions in data traffic management.

Positive

• Membership in the industry-leading MOPA Alliance positions Semtech as a key player in developing future optical solutions.
• The partnership aims to speed up the market introduction of high-performance optical integrated circuits.

Negative

• None.

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced it has joined the industry leading Mobile Optical Pluggable Alliance (MOPA) along with Coherent, Ericsson, Lumentum, Nokia and Sumitomo Electric, as the only semiconductor member. The MOPA Alliance is dedicated to defining and developing future optical pluggable requirements so the industry can accelerate new optical solutions.

“Semiconductor integrated circuits are an integral part of the wireless solution and will be even more important moving forward. By joining MOPA we can accelerate the time-to-market of optical integrated circuits for next-generation wireless architectures,” said Raza Khan, senior market manager for Semtech’s Signal Integrity Products Group. “Our Tri-Edge™ portfolio is production ready and we expect it will help drive high-bandwidth, low latency use-cases such as mmWave Massive MIMO applications.”

“We are excited to expand MOPA with Semtech’s participation. Together, our goal is to enable a path toward faster rollouts with the right architectures for 5G and beyond,” said Stefan Dahlfort, MOPA Lead. “It is critical to have partners like Semtech, a leading optical networking semiconductor partner engaged early as we define the next-generation solutions to ensure our technical specifications can be brought to market quickly.”

According to the Ericsson Mobility Report, 5G subscribers are expected to reach 5 billion by 2028, while the data traffic needs are also expected to grow significantly at the same time. This requires key players in the ecosystem to have a shared and common view to drive the correct optical pluggable requirements. MOPA was formed to execute on that vision and to agree on the most important high-level requirements and optical solutions for 5G.

About Semtech

Semtech Corporation (Nasdaq: SMTC) is a high-performance semiconductor, IoT systems and Cloud connectivity service provider dedicated to delivering high quality technology solutions that enable a smarter, more connected and sustainable planet. Our global teams are dedicated to empowering solution architects and application developers to develop breakthrough products for the infrastructure, industrial and consumer markets. To learn more about Semtech technology, visit us at Semtech.com or follow us on LinkedIn or Twitter.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “will”, “expected” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the uncertainty surrounding the impact and duration of supply chain constraints and any associated disruptions; future responses to and effect of the ongoing COVID-19 pandemic or other similar health crises; export restrictions and laws affecting Semtech Corporation’s trade and investments, and tariffs or the occurrence of trade wars; worldwide economic and political disruptions, including as a result of inflation and the current conflict between Russia and Ukraine; competitive changes in the marketplace including, but not limited to, the pace of growth or adoption rates of applicable products or technologies; downturns in the business cycle; and the additional risk factors set forth in Semtech Corporation’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (www.sec.gov) on March 16, 2022 as such risk factors may be updated, amended or superseded from time to time by subsequent reports that Semtech Corporation files with the Securities and Exchange Commission. Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech and the Semtech logo are registered trademarks or service marks, and Tri-Edge is a trademark or service mark, of Semtech Corporation or its subsidiaries.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230307005465/en/

Shannon Love

Semtech Corporation

(602) 575-9045

slove@semtech.com

Source: Semtech Corporation

FAQ

What is Semtech's role in the Mobile Optical Pluggable Alliance?

As a member of the Mobile Optical Pluggable Alliance, Semtech is focused on developing future optical pluggable requirements to accelerate new optical solutions for telecommunications.

How does Semtech's partnership with MOPA impact 5G technology?

The partnership aims to enable faster rollouts of optical solutions that are essential for the performance and scalability of 5G networks.

What are the expectations for 5G subscribers by 2028 according to Ericsson?

Ericsson's Mobility Report predicts that 5G subscribers will reach 5 billion by 2028, leading to increased data traffic and the need for advanced optical solutions.