Semtech’s LoRa Technology Enabling Smarter Mining Solutions from Transco Industries Inc.
Summary
CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq:SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Transco Industries Inc., a leader in conveyor components, design, installation, maintenance, and repair, has implemented Semtech’s LoRa® devices and wireless radio frequency technology (LoRa Technology) into its conveyor belt applications for safer monitoring while reducing operating costs. Transco’s LoRa-based conveyer belt application is used in collaboration with Polysense Technologies Inc., an innovative leader in enterprise Internet of Things (IoT) solutions for fiber and wireless sensing. Located in Santa Clara, California, with offices in Beijing, Luo Yang and Shanghai, China, Polysense develops IoT products and solutions for smart enterprise, city and home, including distributed fiber sensing, LPWAN LoRa, NB-IoT/LTE CAT M and Wi-Fi/BLE based wireless IoT sensors and Cloud based data management and analytics Cloud platform iView, edge computing platform iEdge, smartphone App iPalm. 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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