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Semtech Launches the IoT Innovator’s Challenge

Top three contest winners will receive a monetary prize and an SX126x developer kit to create distinctive use cases

CAMARILLO, Calif., Feb. 27, 2018Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, today announced the launch of the IoT Innovator’s Challenge. Engineers and technologists will compete to receive the next-generation LoRa® devices and wireless radio frequency technology (LoRa Technology) developer kit by submitting new, unique use cases focusing on these core verticals markets, including agriculture, cities, supply chain and logistics, metering, industrial IoT, health care, food and safety, and insurance.

IoT Innovator’s Challenge entries must be submitted through the LoRa Community, and eligible participants are required to develop a two minute video highlighting their new use case or design idea featuring Semtech’s SX126x platform. Six contestants with the most innovative use cases will be awarded an early edition of the next-generation LoRa Technology, SX126x, developer kit. Along with the developer kit, the top three contestants will also receive a monetary prize of $1,000 for first place, $500 for second place and $250 for third place.

The contest will begin on February 27 at 5 a.m. PST and end on March 23 at 5 p.m. PST. The new features of the next-generation LoRa Technology IC chipsets help make it increasingly possible for developers to create new LoRa-enabled devices that solve every day problems.

“With a 50% reduction in power and a 45% reduction in size, the next-generation LoRa chipsets will help enable a new class of use cases for the Internet of Things worldwide,” said Vivek Mohan, Director of IoT for the Wireless and Sensing Products Group at Semtech. “LoRa Technology will remain the de facto standard for IoT as even more engineers and developers incorporate our chips into their applications and designs.”

Winners will be announced on April 10. For more information on the contest, visit the LoRa Community.

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 45 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 “will,” “should,” “make possible,” “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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