Semtech News
A new research report from the IoT analyst firm Berg Insight says that annual shipments of wireless devices for industrial automation applications reached 10.7 million units worldwide in 2023, accounting for approximately 9 percent of all new connected nodes. Growing at a compound annual growth rate (CAGR) of 12.3 percent, annual shipments are expected to reach 19.1 million by 2028. The installed base of wireless devices in industrial automation reached at the same time 56.5 million in 2023. W...
Semtech Corporation, a global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced that Sweden-based Nordic Propeye, an end-to-end Internet of Things (IoT) solutions provider for smart buildings, has integrated Semtech’s LoRa® devices and the LoRaWAN® standard into its new HVAC optimization solution being launched in the U.S. marketplace to reduce energy consumption. IoT solutions Global pressure on energy prices, an increased foc...
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