CAMARILLO, Calif., April 23, 2018 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of analog and mixed signal semiconductors and advanced algorithms, and Lowan, a leading low power wide area network (LPWAN) solution provider located in Hangzhou, China, will keynote on Apr. 25 at the Metering China 2018 Conference and discuss the immense benefits of LoRa® devices and wireless radio frequency technology (LoRa Technology) in the metering industry. Semtech will exhibit its solutions from Apr. 23 – 27 in booth 206.
For water and gas metering, LoRa architecture significantly reduces deployment cost and lower end-node cost due to reduction in battery sizes. Semtech will showcase how its LoRa Technology is leveraged in this vertical and enables utility companies to receive information over much longer distances than cellular solutions with highly-optimized power consumption both within the physical communication layer and the LoRaWAN™ protocol.
“According to Navigant Research, with over 450 million smart meter installations at the end of Q3 2017 in China, there is a critical need for a long range, low power IoT platform,” said Vivek Mohan, Director of IoT for Semtech’s Wireless and Sensing Products Group. “Semtech’s LoRa Technology continues to provide these capabilities in China to improve operational costs and conserve natural resources.”
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 Lowan
Lowan is the leading LPWAN solution provider located in Hangzhou, China. The Company started working on LPWA technology development in 2014 and rolled out the first LoRaWAN™-based product line in 2015. Currently Lowan operates the largest LoRaWAN IoT network for smart energy in southern China. Lowan is continuously expanding service network and enabling intelligent future worldwide. For more information, visit http://www.lowan.com.cn/.
About Semtech
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors 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 “will,” “to improve,” “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.
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Contact:
Ronda Grech
Semtech Corporation
(805) 250-1263
rgrech@semtech.com
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