Semtech

Not to be confused with Semtex or SEMATECH.

Semtech Corporation

Company type	Public
Traded as	Nasdaq: SMTC S&P 600 component
Industry	Semiconductors
Founded	1960; 64 years ago (1960) in Newbury Park, California
Headquarters	Camarillo, California, U.S.
Key people	Ye Jane Li (chairwoman) Dr. Hong Q. Hou[1](president & CEO)
Products	Semiconductors
Revenue	US$869 million (2024)
Operating income	US$−371 million (2024)
Net income	US$−371.8 million (2024)
Total assets	US$1.37 billion (2024)
Total equity	US$−307 million (2024)
Number of employees	1,917 (2024)
Website	semtech.com
Footnotes / references Financials as of January 28, 2024^[update][2]

Semtech Corporation is an American supplier of analog and mixed-signal semiconductors and advanced algorithms for consumer, enterprise computing, communications and industrial end-markets. It is based in Camarillo, Ventura County, Southern California. It was founded in 1960 in Newbury Park, California. It has 32 locations in 15 countries in North America, Europe, and Asia.^[3]

Semtech is the developer of LoRa, a long-range networking initiative for the Internet of Things.^[4] As of March 2021, over 178 million devices use LoRa worldwide.^[5] LoRa has been used in satellites, tracking of animals,^[6] UAV radio control,^[7] and natural disaster prediction,^[8]

Semtech has been publicly traded since 1967. In 1995, Semtech ranked fifth on the Bloomberg 100 list of top-performing stocks of 1995 on the New York and American stock exchanges and the NASDAQ National Market.^[9]

Products

Semtech offers a variety of products, including LoRa, a long-range, low-power networking platform; receivers and transmitters; touch and proximity devices; wireless charging; and power management solutions.^[10] Semtech's chips were utilized in products using the Amazon Sidewalk protocol,^[11] as well as to monitor water leaks.^[12] A collaboration with Unabiz to produce IoT devices that use both Semtech's LoRaWAN as well as Unabiz's Sigfox systems was announced in July 2023.^[13] Semtech additionally offers HDMI to SDI converter chips^[14] as well as LoRa transceiver with global coverage.^[15] Semtech also offers cloud connectivity and Voice over LTE services.^[16][17]

Acquisitions

In December 1999, Semtech bought USAR Systems Inc., a maker of embedded devices for handheld and notebook computers, for $26.7 million in stock.^[18][19]

In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CA$500 million (US$494 million).^[20] In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.^[21][22][23]

In August 2022, Semtech agreed to buy Canadian Internet of things (IoT) technology company Sierra Wireless in an all-cash transaction valued at US$1.2 billion including debt.^[24] The acquisition completed in January 2023.^[25]

References

1. "Dr. Hong Q. Hou". Semtech. 2024-07-12. Retrieved 2024-07-12.
2. "Form 10-K". U.S. Securities and Exchange Commission. 28 March 2024.
3. "Semtech Corporation | Company Overview | Semtech". www.semtech.com. Retrieved 2021-03-26.
4. "Semtech's LoRa Technology will support 80 million LoRa-enabled end nodes by early 2019". IoT Business News. 2018-09-13. Retrieved 2019-06-23.
5. "Semtech LoRa Technology Overview | Semtech". www.semtech.com. Retrieved 2021-03-26.
6. "IoT Aims to Track Free-Ranging Reindeer in Finland". 19 January 2018. Archived from the original on July 5, 2020. Retrieved 2021-03-26.
7. "Review: TBS Tracer RC System (Module and Receiver)". OscarLiang.com. 13 June 2021.
8. "IoT is revolutionizing natural disaster prediction - IoT Agenda". internetofthingsagenda.techtarget.com. Retrieved 2021-03-26.
9. "Semtech Corp. Ranks 5th on Bloomberg List of 100 Top Stocks". Los Angeles Times. 2019-05-14. Archived from the original on 14 May 2019. Retrieved 2019-06-23.
10. "Analog and Mixed-Signal Semiconductor Products | Semtech | Semtech". www.semtech.com. Retrieved 2021-03-26.
11. "Semtech announces LoRa-enabled Third Party Products". geospatialworld.net. 2023-03-30. Retrieved 2024-01-07.
12. "Semtech and Kairos Implement Leak Detection Systems to Preserve Historic Ghirardelli Square Building". iotbusinessnews.com. 2023-08-02. Retrieved 2024-01-07.
13. "LoRa and Sigfox tie the knot – Semtech and Unabiz shake on historic IoT coalition". rcrwireless.com. 2023-07-25. Retrieved 2024-01-07.
14. "Semtech Announces New Chip Solution, GS12170 SDI/HDMI Bridge for Broadcast Video". businesswire.com. 2021-03-24. Retrieved 2024-01-07.
15. "Semtech Unveils the LR1121 LoRa Transceiver with Sub-GHz, 2.4GHz, and S-Band Satellite Connectivity". hackster.io. 2023-03-16. Retrieved 2024-01-07.
16. "Semtech Expands Smart Connectivity Advanced VoLTE Coverage". iotbusinessnews.com. 2024-10-25. Retrieved 2024-11-13.
17. "Kinéis, Semtech Partner to Integrate Satellite & Terrestrial IoT on Same Single Chip". thefastmode.com. Retrieved 2024-11-13.
18. "Company News; Semtech Acquires Usar, Computer Component Maker". Bloomberg News. 1999-12-07. ISSN 0362-4331. Retrieved 2019-06-23.
19. "Semtech acquires USAR Systems | EE Times". Retrieved 2021-03-26.
20. "Semtech Announces Plans to Acquire Gennum Corporation". www.businesswire.com. 2012-01-24. Retrieved 2021-03-26.
21. "Semtech (SMTC)". Forbes. Retrieved 2020-04-29.
22. "Semtech Acquires Wireless Long Range IP Provider Cycleo". www.businesswire.com. 2012-03-07. Retrieved 2021-03-26.
23. "Semtech buys Cycleo for $5 million - L.A. Biz". www.bizjournals.com. Retrieved 2021-03-26.
24. Hammond, Ed; Baker, Liana (2022-08-02). "Semtech Agrees to Buy Sierra Wireless at $1.2 Billion Value". Bloomberg News.
25. Malder, Mark (2023-01-16). "Semtech Completes Sierra Wireless Acquisition". San Fernando Valley Business Journal.

External links

• Official website
• Business data for Semtech Corporation:
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  • Reuters
  • SEC filings
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