Semtech

{{Infobox company

| name = Semtech Corporation

| logo = Semtech logo.svg

| type = Public

| traded_as = {{ubl|{{NASDAQ|SMTC}}|S&P 600 component}}

| founded = {{Start date and age|1960}} in Newbury Park, California

| hq_location = {{nowrap|Camarillo, California, U.S.}}

| key_people = Ye Jane Li (chairwoman)
Dr. Hong Q. Hou{{Cite web|url=https://www.semtech.com/company/executive-leadership/dr-hong-hou#:~:text=Hou&text=Chief%20Executive%20Officer-,Dr.,of%20Directors%20since%20July%202023.|title=Dr. Hong Q. Hou|date=2024-07-12|website=Semtech|language=en-US|access-date=2024-07-12}}(president & CEO)

| industry = Semiconductors

| products = Semiconductors

| revenue = {{increase}} {{US$|869 million|link=yes}} (2024)

| operating_income = {{decrease}} {{US$|-371 million}} (2024)

| net_income = {{decrease}} {{US$|-371.8 million}} (2024)

| assets = {{decrease}} {{US$|1.37 billion}} (2024)

| equity = {{decrease}} {{US$|-307 million}} (2024)

| num_employees = 1,917 (2024)

| parent =

| subsid =

| website = {{URL|https://semtech.com/}}

| footnotes = Financials {{as of|2024|1|28|lc=y|df=US}}{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/88941/000008894124000030/smtc-20240128.htm |title=Form 10-K |date=28 March 2024 |publisher=U.S. Securities and Exchange Commission}}

}}

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.{{Cite web|title=Semtech Corporation {{!}} Company Overview {{!}} Semtech|url=https://www.semtech.com/company|access-date=2021-03-26|website=www.semtech.com|language=en}}

Semtech is the developer of LoRa, a long-range networking initiative for the Internet of Things.{{Cite web|url=https://iotbusinessnews.com/2018/09/13/10744-semtech-lora-technology-will-support-80-million-lora-enabled-end-nodes-by-early-2019/|title=Semtech's LoRa Technology will support 80 million LoRa-enabled end nodes by early 2019|date=2018-09-13|website=IoT Business News|language=en-US|access-date=2019-06-23}} As of March 2021, over 178 million devices use LoRa worldwide.{{Cite web|title=Semtech LoRa Technology Overview {{!}} Semtech|url=https://www.semtech.com/lora|access-date=2021-03-26|website=www.semtech.com|language=en}} LoRa has been used in satellites, tracking of animals,{{Cite web|title=IoT Aims to Track Free-Ranging Reindeer in Finland|date=19 January 2018 |url=https://www.rfidjournal.com/iot-aims-to-track-free-ranging-reindeer-in-finland-2|archive-url=https://web.archive.org/web/20200705225747/https://www.rfidjournal.com/iot-aims-to-track-free-ranging-reindeer-in-finland-2|url-status=dead|archive-date=July 5, 2020|access-date=2021-03-26|language=en-US}} UAV radio control,{{cite web |url=https://oscarliang.com/tbs-tracer/ |title=Review: TBS Tracer RC System (Module and Receiver) |work=OscarLiang.com |date=13 June 2021}} and natural disaster prediction,{{Cite web|title=IoT is revolutionizing natural disaster prediction - IoT Agenda|url=https://internetofthingsagenda.techtarget.com/blog/IoT-Agenda/IoT-is-revolutionizing-natural-disaster-prediction|access-date=2021-03-26|website=internetofthingsagenda.techtarget.com}}

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.{{Cite web|url=https://www.latimes.com/archives/la-xpm-1996-01-23-fi-27670-story.html|title=Semtech Corp. Ranks 5th on Bloomberg List of 100 Top Stocks|date=2019-05-14|website=Los Angeles Times|archive-url=https://web.archive.org/web/20190514225524/https://www.latimes.com/archives/la-xpm-1996-01-23-fi-27670-story.html|archive-date=14 May 2019|access-date=2019-06-23}}

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.{{Cite web|title=Analog and Mixed-Signal Semiconductor Products {{!}} Semtech {{!}} Semtech|url=https://www.semtech.com/products|access-date=2021-03-26|website=www.semtech.com|language=en}} Semtech's chips were utilized in products using the Amazon Sidewalk protocol,{{cite web|access-date=2024-01-07 |date=2023-03-30 |title=Semtech announces LoRa-enabled Third Party Products |publisher=geospatialworld.net |url=https://www.geospatialworld.net/news/semtech-announces-lora-enabled-third-party-products/}} as well as to monitor water leaks.{{cite web|access-date=2024-01-07 |date=2023-08-02 |title=Semtech and Kairos Implement Leak Detection Systems to Preserve Historic Ghirardelli Square Building |publisher=iotbusinessnews.com |url=https://iotbusinessnews.com/2023/08/02/56254-semtech-and-kairos-implement-leak-detection-systems-to-preserve-historic-ghirardelli-square-building/}} 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.{{cite web|access-date=2024-01-07 |date=2023-07-25 |title=LoRa and Sigfox tie the knot – Semtech and Unabiz shake on historic IoT coalition |publisher=rcrwireless.com |url=https://www.rcrwireless.com/20230725/internet-of-things-4/lorawan-and-sigfox-tie-the-knot-semtech-and-unabiz-shake-on-historic-iot-coalition}} Semtech additionally offers HDMI to SDI converter chips{{cite web|access-date=2024-01-07 |date=2021-03-24 |title=Semtech Announces New Chip Solution, GS12170 SDI/HDMI Bridge for Broadcast Video |publisher=businesswire.com |url=https://www.businesswire.com/news/home/20210324005079/en/Semtech-Announces-New-Chip-Solution-GS12170-SDIHDMI-Bridge-for-Broadcast-Video}} as well as LoRa transceiver with global coverage.{{cite web|access-date=2024-01-07 |date=2023-03-16 |title=Semtech Unveils the LR1121 LoRa Transceiver with Sub-GHz, 2.4GHz, and S-Band Satellite Connectivity |publisher=hackster.io |url=https://www.hackster.io/news/semtech-unveils-the-lr1121-lora-transceiver-with-sub-ghz-2-4ghz-and-s-band-satellite-connectivity-48a8fc5505e2}} Semtech also offers cloud connectivity and Voice over LTE services.{{cite web|access-date=2024-11-13 |date=2024-10-25 |title=Semtech Expands Smart Connectivity Advanced VoLTE Coverage |publisher=iotbusinessnews.com |url=https://iotbusinessnews.com/2024/10/25/37544-semtech-expands-smart-connectivity-advanced-volte-coverage/}}{{cite web|access-date=2024-11-13 |date= |title=Kinéis, Semtech Partner to Integrate Satellite & Terrestrial IoT on Same Single Chip |publisher=thefastmode.com |url=https://www.thefastmode.com/technology-solutions/35971-semtech-kineis-collaborate-to-boost-satellite-connectivity-for-iot-terrestrial-chip}}

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.{{Cite news|date=1999-12-07|title=Company News; Semtech Acquires Usar, Computer Component Maker|language=en-US|work=Bloomberg News|url=https://www.nytimes.com/1999/12/07/business/company-news-semtech-acquires-usar-computer-component-maker.html|access-date=2019-06-23|issn=0362-4331}}{{Cite web|title=Semtech acquires USAR Systems {{!}} EE Times|url=https://www.eetimes.com/semtech-acquires-usar-systems/|access-date=2021-03-26}}

In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately {{CAD|500}}{{nbsp}}million ({{US$|494}}{{nbsp}}million).{{Cite web|date=2012-01-24|title=Semtech Announces Plans to Acquire Gennum Corporation|url=https://www.businesswire.com/news/home/20120123006499/en/Semtech-Announces-Plans-to-Acquire-Gennum-Corporation|access-date=2021-03-26|website=www.businesswire.com|language=en}} In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.{{Cite web|title=Semtech (SMTC)|url=https://www.forbes.com/companies/semtech/|access-date=2020-04-29|website=Forbes|language=en}}{{Cite web|date=2012-03-07|title=Semtech Acquires Wireless Long Range IP Provider Cycleo|url=https://www.businesswire.com/news/home/20120307006338/en/Semtech-Acquires-Wireless-Long-Range-IP-Provider-Cycleo|access-date=2021-03-26|website=www.businesswire.com|language=en}}{{Cite web|title=Semtech buys Cycleo for $5 million - L.A. Biz|url=https://www.bizjournals.com/losangeles/news/2012/03/08/semtech-buys-cycleo-for-5-million.html|access-date=2021-03-26|website=www.bizjournals.com}}

In August 2022, Semtech agreed to buy Canadian technology company Sierra Wireless in an all-cash transaction valued at US$1.2 billion including debt.{{cite news |url=https://www.bloomberg.com/news/articles/2022-08-02/semtech-in-advanced-talks-to-buy-sierra-wireless-at-31-a-share |title=Semtech Agrees to Buy Sierra Wireless at $1.2 Billion Value |date=2022-08-02 |work=Bloomberg News |first1=Ed |last1=Hammond |first2=Liana |last2=Baker |url-access=limited}} The acquisition completed in January 2023.{{cite web |last=Malder |first=Mark |date=2023-01-16 |title=Semtech Completes Sierra Wireless Acquisition |url=https://www.sfvbj.com/manufacturing/semtech-completes-sierra-wireless-acquisition/ |website=San Fernando Valley Business Journal}}