Company Announcements

• Semtech Voice over LTE (VoLTE) service now available in over 40 countries and territories, including in the U.S. and Europe
• Essential for critical IoTvoice applications in healthcare, security, and smart city infrastructure

CAMARILLO, Calif.--(BUSINESS WIRE)--Oct. 24, 2024-- Semtech Corporation (Nasdaq: SMTC), a highperformance semiconductor, IoT systems and cloud connectivity service provider, today announced expansion of its AirVantage® Smart Connectivity Advanced solution to include VoLTE service in the U.S. and Europe. VoLTE enables seamless usage across data, SMS, and voice services required in applications among the healthcare, security, and smart city infrastructure segments.

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Semtech Expands Smart Connectivity Advanced VoLTE Coverage (Graphic: Business Wire)

Transforma Insights projects that approximately 20% of all IoT connections will require voice support by 2033. IoT use cases include portable electronics such as smart watches, child tracking, and vertical transportation like elevators and escalators. According to Matt Hatton, Transforma Insights founder, “There is a growing requirement for IoT applications to support voice, and in the vast majority of cases, it will have to be done by way of a scalable VoLTE (and eventually Voice over New Radio (VoNR) for 5G) solution capable of delivering secure, resilient and enriched voice services in an efficient manner.”

Semtech offers VoLTE through its Smart Connectivity Advanced solution in over 40 countries and territories, including in the U.S. and Europe, with plans to further expand in Asia Pacific and Latin America. Smart Connectivity addresses the complexities of global deployments, network coverage, and regulatory challenges like technology sunsets and permanent roaming restrictions, through one global SIM with access to more than 600 networks in over 190 countries and territories. While built on 4G LTE, the Smart Connectivity Advanced solution also supports voice services through circuit switched fall back (CSFB) on 2G/3G networks in countries where the technologies are still available.

“Voice services are essential for critical use cases that keep people safe and secure, through smart watches and other monitoring devices in assisted living facilities, emergency call mechanisms in elevators, tracking and calling applications in freight and fleet management for lone worker safety, and entrance monitoring with access control and intercoms,” said Rupa Datta, senior director of Semtech’s managed IoT services. “It is crucial to ensure that these devices have reliable connections. The Smart Connectivity Advanced solution is future-proofed, which means that customers who subscribe and use voice service can expect to enjoy the expanded coverage as we grow our resilient, global footprint.”

Smart Connectivity Advanced VoLTE enables Semtech to meet the demand across industry segments with its intelligent multi-IMSI, design on one global SIM which simplifies complex deployments, can significantly reduce the total cost of ownership, help create operational efficiencies and provide built-in resilience to enable reliable connectivity.

About Semtech’s Smart Connectivity

Semtech’s Smart Connectivity solution is robust and scalable, with a network infrastructure that has multiple points of presence across two continents. In addition, customers can benefit from Smart Support, which is available 24/7/365 across the globe. For more personalized support, customers can opt for Gold or Platinum level support, which gives access to a direct phone line or a dedicated support team. With over 30 years of IoT experience, Semtech is dedicated to making IoT easy. The Smart Connectivity Advanced VoLTE offer is available now. To learn more, please visit https://www.semtech.com/smart-connectivity.

About Semtech

Semtech Corporation (Nasdaq: SMTC) is a high-performance semiconductor, IoT systems, and cloud connectivity service provider dedicated to delivering high-quality technology solutions that enable a smarter, more connected, and sustainable planet. Our global teams are committed to empowering solution architects and application developers to develop breakthrough products for the infrastructure, industrial and consumer markets. To learn more about Semtech technology, visit us at Semtech.com or follow us on LinkedIn or X.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “would,” “could,” “can,” “may,” or other similar words or expressions, that describe Semtech’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 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 include those risk factors set forth in Semtech’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (www.sec.gov) on March 28, 2024 as such risk factors may be updated, amended or superseded from time to time by subsequent reports that Semtech files with the Securities and Exchange Commission. Semtech 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 AirVantage are registered trademarks or service marks of Semtech Corporation or its subsidiaries.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20241024943043/en/

Michelle Lozada, pr@semtech.com

Source: Semtech Corporation