CAMARILLO, Calif., April 09, 2018 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, today announced Alibaba Cloud and Zhejiang Provincial Company of China Unicom jointly deployed the pre-commercial service for the Internet of Things (IoT) based on LoRa® devices and wireless radio frequency technology (LoRa Technology) in Hanghzou and Ningbo, China.
Using Semtech’s LoRa Technology, Alibaba Cloud plans to support an extensive ecosystem created by LoRa-based sensors. The Zhejiang Provincial Company of China Unicom is expected to deploy a LoRaWAN™ network based on LoRa Technology in Hangzhou and Ningbo by mid-2018 to expand the services of its IoT network. The collaboration by these three leaders allows users to more easily adopt a low power wide area network (LPWAN) solution to enable IoT solutions (applications).
“Semtech’s LoRa Technology is an IoT technology that has been broadly accepted and globally integrated in tens of millions of devices,” said Wei Ku, Vice President of Alibaba and General Manager of IoT Business Unit of Alibaba Cloud.
“Operators have been putting a lot of effort on deployment of IoT network. We regard that LoRa is a good complement technology for existing IoT technologies,” said Yongxin Zhong, the Vice General Manager of the Zhejiang Provincial Company of China Unicom.
“The IoT industry in China has quickly emerged and China is one of the leading countries adopting smart, innovative applications,” said Marc Pegulu, Vice President and General Manager of Wireless and Sensing Products Group at Semtech. “Semtech’s work with Alibaba Cloud and Zhejiang Provincial Company of China Unicom continues to advance our goal for LoRa Technology to become the IoT platform of choice globally.”
About Semtech’s LoRa® Devices and Wireless RF Technology
Semtech’s LoRa devices and wireless radio frequency technology is a widely adopted long-range, low-power solution for IoT that gives telecom companies, IoT application makers and system integrators the feature set necessary to deploy low-cost, interoperable IoT networks, gateways, sensors, module products, and IoT services worldwide. IoT networks based on the LoRaWAN™ specification have been deployed in over 100 countries and Semtech is a founding member of the LoRa Alliance™, the fastest growing IoT Alliance for Low Power Wide Area Network applications. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site and join the LoRa Community to access free training as well as an online industry catalog showcasing the products you need for building your ideal IoT application.
About Semtech
Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of historical fact, including statements that use the words “plans to,” “expected to,” “to expand,” “goal for”, “designed to,” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors.” Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
Semtech, the Semtech logo and LoRa are registered trademarks or service marks, and LoRaWAN is a trademark or service mark, of Semtech Corporation or its affiliates.
SMTC-P
Ronda Grech
Semtech Corporation
(805) 250-1263
rgrech@semtech.com
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