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 high-performance semiconductor, IoT systems and cloud connectivity service company whose activities generate a steady stream of technology, product and financial news. This news page aggregates coverage of Semtech’s announcements, earnings results, investor events and product launches, giving readers a focused view of how the company is executing across its semiconductor and IoT portfolio.
Recent Semtech news has included quarterly financial results, participation in technology and investor conferences, and the introduction of new platforms and solutions. Examples include third quarter fiscal year 2026 results, where management discussed returns on research and development investments and the role of ultra-power-efficient solutions in data center networking, LoRa connectivity and sensing technologies. The company also issues press releases about its presence at major industry events such as CES, where it showcases IoT connectivity, smart sensing and protection technologies for smart cities, smart home automation, robotics, automotive interfaces and consumer electronics.
Product-focused news highlights innovations like the Unified Software Platform (USP) for LoRa Plus devices, designed to support multiple IoT protocols on a single hardware platform, and device-to-cloud cellular and satellite IoT offerings that combine LPWA modules, Smart Connectivity Premium SIM and satellite NTN access. Other updates cover Semtech’s AirLink 5G router portfolio for public safety, featuring network slicing capabilities and integrations with carrier programs aimed at first responders.
Investors and industry observers can use this page to follow Semtech’s earnings announcements, convertible note offerings and capital structure updates, along with technology demonstrations, partnerships and ecosystem activities. For anyone tracking SMTC, this news feed provides a centralized view of the company’s operational, financial and product-related developments over time.
Micross Components has acquired Semtech's High-Reliability Discrete Diodes and Assemblies business, enhancing its product offerings for high-reliability markets. This strategic acquisition aligns with Micross' goal to expand its manufacturing capabilities in Mexico, aiming to serve aerospace, defense, and medical sectors more effectively. The move is expected to bolster Micross' position as a leading supplier of high-reliability electronic products. This acquisition is the fifth made under Behrman Capital's ownership.
Semtech Corporation (NASDAQ: SMTC) has successfully divested its high reliability discrete diodes and assemblies business to Micross Components, Inc. for $30 million in cash. This unit generated approximately $14 million in revenue during fiscal year 2022. The divestiture aligns with Semtech's strategy to exit non-core businesses that do not support its Smarter Planet initiatives. Micross will retain all employees from the acquired business, ensuring continuity. Semtech plans to discuss further details regarding this transaction in its upcoming Q1 fiscal year 2023 earnings call.
Semtech Corporation (NASDAQ: SMTC) has appointed Julie McGee as senior vice president and chief marketing officer. McGee brings extensive experience from her previous roles at Intel, focusing on marketing and strategy. Her leadership aims to enhance Semtech's brand presence and support growth initiatives. Semtech's President and CEO, Mohan Maheswaran, expressed confidence in McGee's ability to drive the company's marketing strategies as it enters a new growth phase. The company is known for its high-performance analog and mixed-signal semiconductor solutions.
Semtech Corporation (SMTC) has launched the new LoRa Edge LR1120, enhancing its IoT offerings by integrating satellite-based technology for global low-power geolocation. This device enables seamless supply chain management and logistics with improved interoperability across multiple regulatory zones. Key features include multi-band LoRa capabilities and a cloud-based geolocation solver, enabling a wide range of applications from infrastructure monitoring to agriculture.
Industry experts believe this innovation could significantly transform the landscape of remote monitoring and logistics.
Semtech Corporation (NASDAQ: SMTC) has announced a collaboration with JAM-Labs to integrate its BlueRiver® platform into new surgical displays. This partnership allows JAM-Labs to offer near-zero latency, uncompressed 4K video for operating rooms, enhancing surgeon performance and patient care. The BlueRiver technology streamlines operations by eliminating external converters, providing a cleaner setup. This advancement positions Semtech as a key player in medical technology, showcasing the capabilities of Software Defined Video over Ethernet (SDVoE) in healthcare environments.
Semtech Corporation (NASDAQ: SMTC) announces collaboration with Enthu Technology Solutions India and Xorowin Mechatronics to launch SIPOAL, a smart single point lubricator using LoRaWAN technology. This device enhances industrial automation by providing real-time lubrication monitoring, reducing operational costs, and improving machine uptime. Deployed in sectors like textiles and food processing, SIPOAL can be configured via mobile and web platforms, showcasing its long-range capabilities under various industrial conditions. This innovative solution meets the growing demand for automation in smart factories.
The LoRa Alliance has expanded the program for the LoRaWAN World Expo, scheduled for July 6-7, 2022 in Paris. The event will showcase industry leaders discussing LoRaWAN's role in supporting businesses' ESG practices while ensuring strong ROI. Key topics will include resource conservation and the technology's growth amid digital transformation. Featured speakers include notable figures from Microsoft, the EU Commission, and Tata Communications, focusing on sustainability and societal issues.
Semtech (SMTC) announced a collaboration with Vutility to launch the ‘HotDrop,’ an IoT-enabled energy monitoring solution using LoRaWAN technology. This device allows for real-time circuit-level energy monitoring, improving operational efficiency and reducing energy costs by providing 90% lower total ownership costs compared to competitors. The HotDrop is easy to install with a QR code, self-powered, and maintenance-free, enhancing the energy management landscape. This solution aligns with sustainability initiatives vital for the utilities market.
Semtech Corporation (NASDAQ: SMTC) announces the integration of its AVXT™ technology into Lightware's new TPX devices, enhancing AV extension for classrooms and conference rooms. The TPX extenders support HDMI 2.0 signal management over a single CATx cable, ensuring HDCP 2.3 and Dolby Vision compatibility. Key features include fan-less passive cooling and bidirectional remote powering. This partnership showcases the superior capabilities of Semtech’s AVXT technology, promising cost-effective, high-performance AV solutions.
Semtech Corporation (Nasdaq: SMTC) reported strong financial results for the fourth quarter and fiscal year 2022. Q4 net sales reached $190.6 million, with GAAP diluted EPS of $0.53 and non-GAAP diluted EPS of $0.70. For FY2022, Semtech achieved record net sales of $740.9 million and GAAP diluted EPS of $1.92. The company saw significant growth in its LoRa-enabled net sales, which totaled $134.1 million, growing by 52.6%. For Q1 FY2023, Semtech anticipates net sales between $195 million and $205 million amid supply chain uncertainties.
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