Semtech’s LoRa Technology the Platform of Choice for Smart Utilities
Summary
“Current estimates suggest the global smart water meter market will surpass $2B in 2020 ,” said Vivek Mohan, Director of IoT in Semtech’s Wireless and Sensing Products Group.“LoRa Technology is a proven leader for smart meter applications, delivering solutions that are easy to scale, optimizing operational cost and reducing utility waste.”Currently, there are hundreds of companies worldwide leveraging Semtech’s LoRa Technology in a smart metering or utility management solution.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.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.
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