Semtech sells subsidiary Snowbush IP to Rambus
Semtech, a Camarillo-based manufacturer of semiconductors for the mobile phone industry, sold subsidiary Snowbush IP for $32.5 million to Sunnyvale-based Rambus, which develops memory systems for smartphones. Semtech said it also could receive more payments from Rambus through 2022 based upon a percentage of sales by Rambus of new products expected to be developed by Read More →
Semtech sales up 11 percent, company says in first quarter earnings report
Semtech sales increased 11 percent, the company said when it reported first quarter fiscal year 2017 earnings June 1. Semtech, a Camarillo-based supplier of analog and mixed-signal semiconductors, said revenues increased from $130 million in 2016 to $131.1 million in 2017. Net income increased from a loss of $142,000 during the same quarter in 2016 Read More →
Turn diversity into a strategic advantage
By Mohan Maheswaran Unleashing the creative thinking and world experiences of a diverse executive team along with a diverse global workforce is simply the best answer to solving today’s complex global challenges in the global competitive environment we live in. At Semtech, the subject of diversity is never raised as it is simply part of Read More →
Semtech’s LoRa to be used for trackers to monitor health of cattle
Camarillo-based Semtech’s LoRa wireless technology has been selected by Quantified Ag for trackers that will monitor and report the health of cattle. Sensors in each ear tag will constantly monitor livestock temperature, movement and other vital signs. The information from the ear tracker is relayed to a receiver, which sends data to a central system Read More →
Semtech beats analysts’ revenue estimates
Semtech beat analyst estimates but revenues sank again as weak mobile phone demand hampered the Camarillo-based semi conductor manufacturer. The company reported fourth quarter and year end results March 2 for the 2016 fiscal year. Fourth quarter revenues fell 9 percent from $130.4 million in 2015 to $118.6 million in 2016. According to Yahoo Finance, Read More →
Semtech adds Li to board of directors
Semtech, a Camarillo-based supplier of analog and mixed-signal semiconductors, announced Feb. 29 that its board of directors has appointed Ye Jane Li as its newest director, effective Feb. 25. Li has been a strategic advisor to Diversis Capital, LLC, a private equity firm that invests in middle-market companies, since 2013. Li was the chief operating Read More →
Semtech third quarter earnings per share miss estimate
Semtech, a Camarillo-based maker of semiconductors for cell phones and electronic devices, missed analyst estimates slightly when the company reported third quarter results Nov. 18. Semtech reported earnings per share of 16 cents. Analysts had expected earnings per share of 24 cents. Semtech slightly exceeded analyst revenue estimates of $115.4 million by posting earnings of Read More →
