CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors and advanced algorithms, announced its exhibition with Tata Communications and its presentation on how Semtech’s LoRa® devices and wireless radio frequency technology (LoRa Technology) is revolutionizing smart cities at IoT (Internet of Things) India Congress 2018, Oct. 9–10 at the Nimhans Convention Centre in Bengaluru, India, booth A5.
According to industry analysts, the global smart city market accounted for USD 955.3 billion in 2017 and is expected to reach USD 2,700.1 billion globally by 2024. With this expected growth, India is heavily invested in developing smart city applications throughout the country including smart parking, lighting and waste management. Tata Communication’s LoRaWAN-based network is deployed across India in 38 cities, and Semtech’s LoRa Technology is the ideal IoT solution for a variety of verticals including smart cities and buildings due to its flexible, easy deployment with long range, low power capabilities. In addition, Francois Sforza, Vice President of IoT and LoRa-based solutions, Semtech’s Wireless and Sensing Products Group, will be speaking at the event on Oct. 10 about the revolution of smart cities enabling long range data communications.
“Semtech’s LoRa Technology enables low risk and fast-to-market IoT solutions allowing for innovation with support from a wide growing ecosystem of companies,” said Vivek Mohan, Director of IoT of Semtech’s Wireless and Sensing Products Group. “India is one of the fastest growing smart city markets and has been in the forefront of implementing a variety of applications to improve community services.”
To learn more about Semtech’s LoRa Technology and the ecosystem, visit the website.
About Semtech 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 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.
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 “is revolutionizing,” “expected,” “will,” “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.