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Semtech's HL7900 5G LPWA Module Certified by Leading U.S. Carriers

1. HL7900 module certified by AT&T, T-Mobile, Verizon, and KDDI. 2. Reduces power consumption by up to 80% for IoT devices. 3. Integrated features simplify designs and lower costs. 4. Commercial availability enhances global reach and deployments.

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Why Bullish?

Carrier certifications and features can attract more clients, boosting SMTC's revenue prospects.

How important is it?

The article highlights significant product advancements directly linked to potential revenue growth.

Why Short Term?

Immediate market response expected due to new product launch and certifications.

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CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, Internet of Things (IoT) systems, and cloud connectivity service provider, today announced the certification of the HL7900 Global 5G LPWA module by three U.S. carriers – AT&T, T-Mobile, and Verizon – as well as KDDI in Japan. The module has also achieved global regulatory certifications, including FCC (USA), ISED (Canada), CE (Europe), JRF/JPA (Japan), and NCC (Taiwan), as well as PTCRB and GCF industry certifications for global carrier interoperability, making it a premier, globally deployable solution for low-power IoT applications. “These certifications represent a significant milestone for the HL7900 module and reinforce Semtech's leadership in IoT innovation,” said Michael Buonassisi, director, LPWA modules at Semtech. “This carrier interoperability not only enhances the HL7900’s appeal for global IoT deployments by ensuring reliable, low-power connectivity across key markets, but also enables our customers to scale their solutions with confidence and streamline their path to success.” HL7900: Innovative Support for Intelligent Operations The HL7900, powered by Sony’s Altair ALT1350 chipset, delivers optimized performance for next-generation IoT applications with low-power consumption and extended coverage needs. Compared to earlier models, it reduces power consumption by up to 80%, enabling longer, more reliable operation for battery-powered IoT devices. Key innovations include: An ultra-low-power sensor hub Micro Controller Unit (MCU) that can track environmental conditions from connected sensors such as accelerometers or temperature sensors, triggering the system only when specific thresholds are reached to maximize energy efficiency. An integrated sub-GHz and 2.4GHz radio supporting short-range protocols such as WiSUN and U-Bus Air, streamlining IoT designs and lowering costs by integrating cellular and short-range wireless into one solution. An integrated GNSS receiver and optional Wi-Fi scanning provides reliable indoor and outdoor tracking for applications such as asset management and urban navigation. A future-proof platform with expected software updates to support 3GPP releases 15, 16, and 17, including NB-IoT over Non-Terrestrial Networks (NTN), enabling connectivity even in areas without terrestrial networks for true global reach. Simplifying Deployment Semtech further simplifies IoT development with end-to-end solutions, including an optional embedded SIM for instant Smart Connectivity access, integrated edge-to-cloud security, and secure over-the-air updates. This consolidated approach reduces operational complexity and total cost of ownership. The HL7900 is now commercially available. Semtech is actively pursuing additional carrier certifications around the world to further broaden the HL7900’s global reach. For more information on the HL7900, please visit our website. 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 forwardlooking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law. Semtech and the Semtech logo are registered trademarks or service marks of Semtech Corporation or its subsidiaries. All other trademarks and trade names mentioned may be marks and names of their respective companies. SMTC-P

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