Semtech And STMicroelectronics Collaborate To Scale LoRa® Technology To Meet High-Volume Demands Of Internet Of Things Applications

ST to offer complete line of solutions including LoRa systems on chips (SOCs) to accelerate deployments of low-power wide-area networks by mobile network operators (MNOs)

Camarillo, CA and Geneva (GLOBE NEWSWIRE) - Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced an agreement on Semtech's LoRa® long-range wireless RF technology. ST intends to use the technology to target Internet of Things (IoT) deployments by mobile network operators (MNOs) and large-scale private networks.

ST will join the LoRa Alliance and release reference designs for LoRa technology based on its STM32 family of microcontrollers. ST plans to develop microcontrollers with on-chip LoRa technology that supports the LoRaWAN(TM) standardized protocol. Semtech and ST will cooperate to integrate LoRa technology into multiple platforms that target a variety of applications for several business initiatives around LoRa.

The LoRa Alliance, with its LoRa ecosystem, is the fastest growing alliance in the IoT sector, and the addition of ST will help standardize LoRa and LoRaWAN for IoT low-power wide-area networks (LPWAN) worldwide. Both Semtech and ST believe standardization and a strong ecosystem will foster technology adoption to achieve the large volumes projected for IoT.

"There is tremendous success and momentum behind the LoRa Alliance and MNO announcements of LoRaWAN-based nationwide network deployments," said Marc Pegulu, Vice President and General Manager of Semtech's Wireless, Sensing and Timing product group. "Having a premier silicon supplier of the LoRa technology such as ST, with its strong presence in the industrial and connectivity market, reinforces that Semtech's LoRa RF technology, LoRaWAN protocol, IP and chip-set are becoming the de-facto standards for IoT LPWANs."

"The combination of our large family of industry-leading STM32 microcontrollers, together with the LoRa technology through our partnership with Semtech, will further strengthen our position on the IoT, Smart City, and Industrial markets, where our portfolio of controllers, sensors, connectivity, security, analog, and power solutions already make ST formidable," said Claude Dardanne, Executive Vice President and General Manager of the Microcontroller, Memory & Secure MCU Group, STMicroelectronics. "By contributing our IP and SoC design expertise, we anticipate promoting the deployment of more LPWANs worldwide, and enabling many applications with a standardized ecosystem of service providers and solutions developers."

About STMicroelectronics
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.

In 2014, the Company's net revenues were $7.40 billion. Further information on ST can be found atwww.st.com.

About Semtech
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors 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 designs for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Semtech, the Semtech logo, LoRa, LoRaWAN and LoRa Alliance are registered trademarks or service marks, or trademarks or service marks, of Semtech Corporation and/or its affiliates. Third-party trademarks or service marks mentioned herein are the property of their respective owners.

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