Semtech Stock Price, News & Analysis

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.

Semtech Corporation (NASDAQ: SMTC) announced its inaugural Tech Topic Webinar scheduled for October 6, starting at 4 p.m. EDT. The webinar will feature CEO Mohan Maheswaran and VP Alistair Fulton, who will discuss the long-term strategies and opportunities for Semtech’s LoRa® technology. Attendees can join via live webcast at investors.semtech.com/events. A replay will be available afterwards. Semtech is dedicated to providing high-performance semiconductors and reducing environmental impact.

Semtech Corporation (SMTC) has announced a new zero carbon energy harvesting solution in collaboration with Ryoden Corporation and Renesas Electronics. Utilizing a Renesas RE Family microcontroller and Semtech’s LoRa Edge platform, this maintenance-free device offers advanced security and geolocation capabilities. It is designed for various applications including asset management and logistics tracking. The RE Family MCU is touted as the ‘world’s most energy-efficient’ and allows for battery-less operation, reducing power consumption significantly.

Semtech Corporation (Nasdaq: SMTC) announced that CEO Mohan Maheswaran will participate in a virtual panel at Stifel’s first annual ESG and Impact Summit on October 4, 2021, at 3:00 p.m. EDT. The panel will focus on environmental, social, and governance (ESG) factors impacting the semiconductor industry. A webcast of the event will be available on Semtech's corporate website for those interested in the discussions surrounding ESG initiatives in technology.

Semtech Corporation and ZeeVee announced a collaboration to upgrade the SuperBook at the Westgate Resort & Casino in Las Vegas. This enhancement features an SDVoE™ AV signal distribution solution, providing uncompressed 4K60 video and reducing costs and complexity. The upgrade, completed in five months, incorporates ZeeVee's ZyPer4K technology with Semtech's BlueRiver AV technology, allowing advanced routing and multi-matrix switching. This project aims to enhance the gaming environment while increasing efficiency and reducing resource needs.