Semtech Stock Price, News & Analysis

Semtech Corporation (SMTC) has partnered with SAS and the Town of Cary, North Carolina, to enhance community services through IoT technology. This collaboration will focus on a Center of Excellence aimed at developing edge-to-cloud solutions to monitor floods and address sustainability challenges. Prior projects between SAS and Cary have already won multiple smart city innovation awards. The partnership leverages LoRaWAN connectivity and SAS’s analytical capabilities to provide real-time data insights, highlighting the importance of IoT in improving municipal services.

Semtech Corporation (NASDAQ: SMTC) announced a collaboration with Everynet and Telkom Indonesia to provide an insulated vaccine carrier for tracking COVID-19 vaccine temperatures. This solution aims to reduce waste and improve vaccination rates using a LoRaWAN network. The carrier continuously monitors vaccine temperatures, sending real-time data to ensure compliance with health regulations. Over 200 Indonesian cities are now covered by the LoRaWAN network, which is cost-effective and enhances vaccine safety.

Semtech Corporation (SMTC) announced a partnership with ICT International to enhance urban forest management using LoRaWAN technology. The collaboration aims to monitor plant health via real-time data collection from devices like the SFM1L Sap Flow Meter and PSY1 Stem Psychrometer. These devices measure plant water use and soil moisture, crucial for maintaining healthy urban forests. The initiative supports carbon accounting and helps urban areas better manage their green spaces, fostering environmental sustainability.

Semtech Corporation (SMTC) has announced the launch of its PerSe™ line of sensors, designed for personal connected consumer devices. This new portfolio includes three product lines: PerSe Connect, PerSe Connect Pro, and PerSe Control, aimed at enhancing user experiences in smartphones, laptops, and wearables by intelligently sensing human presence. The sensors offer superior RF performance and compliance with Specific Absorption Rate regulations, crucial for the growing 5G smartphone market. Semtech capitalizes on over a decade of sensor technology expertise to improve connectivity and user automation.

Semtech Corporation (NASDAQ: SMTC) has partnered with VuWall to launch a new line of HDMI extenders, featuring robust features against electromagnetic interference (EMI) and guaranteed cable lengths in copper and fiber options. Utilizing Semtech's AVX technology, these extenders support uncompressed 4K video, multi-channel audio, and more, while reducing overall system costs. The collaboration aims to enhance multimedia connectivity, setting a new standard for AV extension technologies.

Semtech Corporation (NASDAQ: SMTC) announced the upgrade of its LoRa® Developer Portal, streamlining the development process for IoT devices utilizing the LoRaWAN® standard. The portal offers extensive resources such as interactive tutorials, a vibrant community page, and the LoRaWAN Academy™. The launch aims to provide developers with all necessary tools for efficient IoT solution development, reflecting the growing 12.1% increase in enterprise IoT spending, which reached $128.9 billion in 2020.

Semtech Corporation (SMTC) announced a collaboration with Sindcon (Singapore) IoT Technology and Electrique Energie & Metering to implement smart energy and water meters using LoRaWAN® at the Singapore Zoo. This initiative aims to reduce total energy consumption by 10% through the deployment of over 1,000 smart meters, which can transmit real-time data every 15 minutes. The project overcomes challenges posed by the zoo's terrain while enhancing operational efficiency and supporting a sustainable future.

The LoRa Alliance announced the upcoming LoRaWAN World Expo on March 29-30, 2022, in Paris. This expo will showcase the latest in LoRaWAN technology, emphasizing its impact on IoT, sustainability, and business efficiencies. With over 2,000 attendees and 80 speakers, it will feature insights from industry leaders and experts, including Semtech as a premier sponsor. According to VDC Research, LPWAN revenue in IoT is projected to reach $8.4 billion by 2025, with LoRaWAN accounting for 34% of that market.

Semtech Corporation (SMTC) announced that GTI will showcase a new "Natural Gas Smart Safety Shutoff System" at the 2021 AGA Operations Conference in Kissimmee, Florida, from October 4-7. This system employs the LoRaWAN® standard and includes a Remote Methane Detector, a smart valve, and a smart meter. It aims to enhance safety by shutting off gas flow in real time upon detecting methane, responding to the significant increase in gas usage in the U.S., which has risen by 77% over the last three decades. The initiative is backed by funding from Operations Technology Development and the California Energy Commission.