2023-05-03 | NDAQ:SMTC | Press Launch

Semtech Company (Nasdaq: SMTC), a high-performance semiconductor, IoT programs and Cloud connectivity service supplier, at present introduced it has launched its inaugural Company Sustainability report.

This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/information/house/20230503005387/en/

“I’m excited to current Semtech’s first Company Sustainability report, which includes each firms – Sierra Wi-fi and Semtech, and displays our dedication to advancing the worldwide sustainability agenda and aligning with the United Nations Sustainable Improvement Objectives (UN SDGs),” mentioned Julie McGee, Semtech’s senior vp, chief advertising and marketing officer and chief environmental, social and governance (ESG) officer.

“Our imaginative and prescient is to ship high-quality, revolutionary options that allow a better, extra related and sustainable planet,” continued Mrs. McGee. “Semtech has been on the forefront of growing merchandise for environmental and social good together with our Superior Safety and Sensing Merchandise which lengthen product life and scale back e-waste, our IoT merchandise which ship low-power IoT connectivity options, and our Sign Integrity Merchandise that scale back infrastructure prices and energy consumption. We at the moment are increasing our efforts as a mixed firm to assist to create a greater world.”

Semtech’s merchandise contribute to the worldwide sustainability agenda by enabling its clients to ship options that assist handle a majority of the UN SDGs, and assist resolve a number of the largest challenges going through the planet together with vitality administration, pure useful resource discount, air pollution management and infrastructure effectivity. The corporate’s merchandise and applied sciences embrace, amongst others, the preeminent LPWAN expertise LoRa®, Sign Integrity analog and blended sign merchandise that assist decrease the facility utilized by knowledge heart networks, and Superior Safety merchandise that shield circuitry to restrict e-waste. As well as, Semtech’s product suite now additionally consists of the just lately acquired Sierra Wi-fi household of merchandise which are enabling crucial connections in IoT that assist most of the UN SDGs.

As a part of its dedication, Semtech has set 4 targets and areas of focus for CY2023 and past, aligned with the UN SDGs:

• Merchandise for social and environmental good – design merchandise and options that allow a better, extra related and sustainable planet
• Construct a sustainable provide chain – companion with suppliers to make sure its provide chain is socially and environmentally accountable
• Cut back our working impression on the atmosphere – develop vitality administration, local weather change and water safety plans together with setting GHG emissions discount targets
• Improve our thriving office – proceed to develop a thriving office to maximise the worker expertise, keep our employer of selection score to draw and retain prime expertise, and enhance illustration of girls and underrepresented teams throughout the workforce, together with gross sales, technical and management roles

Semtech acquired one of many world’s main IoT options suppliers, Sierra Wi-fi, earlier this 12 months, bringing collectively the ultra-low energy advantages of LoRa with larger bandwidth capabilities of mobile to create a brand new IoT Chip-to-cloud programs chief. The mixed firms current quite a few potentialities to advance sustainability.

Study extra about Semtech and its sustainability efforts at https://www.semtech.com/firm/corporate-citizenship, the place the Firm’s inaugural Company Sustainability report can be obtainable to obtain.

About Semtech

Semtech Company (Nasdaq: SMTC) is a high-performance semiconductor, IoT programs, and Cloud connectivity service supplier devoted to delivering high-quality expertise options that allow a better, extra related, and sustainable planet. Our world groups are dedicated to empowering answer architects and software builders to develop breakthrough merchandise for the infrastructure, industrial and shopper markets. To be taught extra about Semtech expertise, go to us at Semtech.com or observe us on LinkedIn or Twitter.

Ahead-Wanting and Cautionary Statements

All statements contained herein that aren’t statements of historic truth, together with statements that use the phrases “will” or different comparable phrases or expressions, that describe Semtech Company’s future plans, targets or targets are “forward-looking statements” and are made pursuant to the Secure-Harbor provisions of the Personal Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements contain identified and unknown dangers, uncertainties and different components that would trigger the precise outcomes of Semtech Company to be materially totally different from the historic outcomes and/or from any future outcomes or outcomes expressed or implied by such forward-looking statements. Such components embrace these danger components set forth in Semtech Company’s Annual Report on Kind 10-Okay filed with the Securities and Trade Fee (www.sec.gov) on March 30, 2023 as such danger components could also be up to date, amended or outmoded infrequently by subsequent studies that Semtech Company information with the Securities and Trade Fee. Semtech Company assumes no obligation to replace any forward-looking statements as a way to replicate occasions or circumstances that will come up after the date of this launch, besides as required by legislation.

Semtech, the Semtech brand, Sierra Wi-fi and LoRa are registered emblems or service marks of Semtech Company or its subsidiaries.

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