Market Overview

Semtech's LoRa Technology Increases Energy Efficiency in India


With Hanbit's IoT utility solutions, large providers and consumers
achieve increased energy efficiency by leveraging LoRa-enabled sensors

 (NASDAQ:SMTC), a leading supplier of high performance
analog and mixed-signal semiconductors and advanced algorithms,
announced that Hanbit,
a leading provider of end-to-end automation solutions in gas, water and
electricity metering, has incorporated Semtech's LoRa® devices
and wireless radio frequency technology
(LoRa Technology) into
its smart metering solutions.

This press release features multimedia. View the full release here:

Semtech and Hanbit (Graphic: Business Wire)

Semtech and Hanbit (Graphic: Business Wire)

"Hanbit's LoRa-based utility metering solutions enable maximum accuracy
in utility management with real-time tracking," said Phani Varanasi, CEO
at Hanbit. "Semtech's LoRa Technology allows flexible installation in
both commercial and residential industries, providing extensive range of
up to 30 miles, to increase energy efficiencies throughout an entire

LoRa-based solutions allow real-time consumption, status and diagnostic
data from water systems, which transfers to a central database for
billing and analysis. With LoRa Technology's long range and low power
capabilities, Hanbit's smart metering solutions decrease maintenance
frequency and offer quick deployment. The LoRa-based products are
available throughout India.

"Hanbit equips utility providers and consumers with accurate and
reliable smart sensor solutions for improved efficiency," said Vivek
Mohan, Director of IoT, Semtech's Wireless and Sensing Products Group.
"With metering deployments globally, Semtech's LoRa Technology is
positioned to be the ideal platform of choice in the utility industry to
develop comprehensive, unique applications to better serve their

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 100 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
 and join the LoRa
 to access free training as well as an online industry
catalog showcasing the products you need for building your ideal IoT

About Hanbit

Hanbit was started with an innovative framework for providing end-to-end
automation solutions in the areas of gas, water and electricity
metering. Hanbit also has expertise in providing comprehensive solutions
on wired and wireless communication. To learn more visit

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

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical
fact, including statements that use the words "positioned to be,"
"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 (
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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