CAMARILLO, Calif., Oct. 25, 2017 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Netvox, an original equipment manufacturer and Cloud service provider, is expected to expand its current IoT solutions to work with Semtech's LoRa® devices and wireless radio frequency technology (LoRa Technology) and the open LoRaWAN™ protocol.
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After recent successful trials with LoRa-enabled sensors, Netvox will convert all of its 250 Zigbee® solutions to use LoRa Technology to support the growing LoRaWAN ecosystem. Netvox began its evaluation of Semtech's LoRa Technology in early-2017 and in less than six-months, Netvox successfully adopted LoRa Technology in eight of the company's most popular sensors and
is gaining significant customer traction. Providing long-range, low-power and easy to deploy capabilities, LoRa Technology and the open LoRaWAN protocol are ideal for IoT solutions across multiple verticals, including industrial IoT, smart cities, smart buildings, and smart agriculture.
"Netvox began developing LoRa-based products six months ago, successfully converting eight Zigbee sensors to use Semtech's LoRa Technology," said Kent Shen, Vice President at Netvox. "We are very pleased to have received a great level of interests with our LoRa-based demonstrations at the LoRa Alliance's™ 9th All Members Meeting in Suzhou and have decided to convert all 250 Zigbee products to adopt the open LoRaWAN protocol."
"Netvox recognized the benefits and opportunities of expanding its IoT
products to utilize Semtech's LoRa Technology, as more verticals are looking for long-range, low-power capabilities and solutions for their IoT applications," said Mike Wong, Vice President of Semtech's Wireless and Sensing Products Group. "Semtech's LoRa Technology is becoming the technology of choice for building IoT applications and Netvox should play an important role in making our world a smarter planet."
About Semtech's LoRa® Devices and Wireless RF Technology
Semtech's LoRa wireless RF 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™ open
specification have been deployed in over 60 countries and Semtech is a founding member of the LoRa Alliance™, the fastest growing IoT alliance for Low Power Wide Area Networks (LPWAN) applications. To learn more about how LoRa Technology 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.
Netvox is a Taiwan-based original equipment manufacturer and leader in wireless IoT and sensor network solutions. Since 2005, Netvox has designed and manufactured products based around IoT and is in a leading position as an OEM partner for global companies including Foxconn, General Electric, Eaton, Honeywell, and Leviton. For more information, visit www.netvox.com.tw/.
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 "expected to," "will," "to convert," "is becoming," "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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Source: Semtech Corporation
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