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Semtech Reaffirms Commitment to Sustainability at Electronica 2024

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Semtech Reaffirms Commitment to Sustainability at Electronica 2024
News

News

Semtech Reaffirms Commitment to Sustainability at Electronica 2024

2024-11-11 15:59 Last Updated At:16:10

CAMARILLO, Calif.--(BUSINESS WIRE)--Nov 11, 2024--

Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, is proud to reaffirm its commitment to sustainability at this year's Electronica conference in Munich, Germany from November 12-15, 2024.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111983633/en/

The need to prioritize sustainability and accelerate efforts to build a more resilient future remains critical. According to the latest United Nations Global Compact + Accenture CEO Study, the world is not progressing at the pace needed to meet global sustainability goals. Additionally, the International Energy Agency forecasts a dramatic rise in the adoption of green technologies, projecting that investments in sustainable industrial solutions will reach $1 trillion annually by 2030. The trend toward sustainable development is clear and compelling, reinforcing the need for industries to evolve with environmental considerations.

"We believe that sustainable innovation is key to solving some of the world's most critical challenges," said Hong Hou, president and chief executive officer of Semtech. "Electronica is the ideal opportunity to share our sustainability vision. Technology should push boundaries and contribute positively to the world. This principle will continue to guide our strategy, product innovation, and global operations."

Semtech at Electronica 2024

Semtech strives to take proactive steps to address the pressing need for sustainable technology solutions amidst growing environmental challenges. At Electronica, the company will showcase its latest innovations designed to minimize environmental impact while maximizing resource efficiency.

Visitors to the Semtech booth #C3.262 will have the opportunity to explore the company's newest offerings and learn more about its sustainable development initiatives. Semtech experts will be available to discuss how these advancements can drive positive change across industries. Key highlights and demos will include:

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. Semtech has been recognized as a green partner of Sony. You can view our quality certifications here.

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 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 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, LoRa and PerSe 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

Semtech Reaffirms Commitment to Sustainability at Electronica 2024 (Graphic: Business Wire)

Semtech Reaffirms Commitment to Sustainability at Electronica 2024 (Graphic: Business Wire)

Israeli airstrikes killed at least 18 people in the Gaza Strip on Thursday, including three children and two high-ranking officers in the Hamas-run police force, according to Palestinian and hospital officials.

One strike early Thursday hit a tent in an Israeli-declared humanitarian zone known as Muwasi, where hundreds of thousands of displaced people are sheltering in tents during the cold and rainy winter.

Another strike killed at least eight Palestinians in the central Gaza Strip. The dead were members of local committees that help secure aid convoys, according to Al-Aqsa Martyrs Hospital, which received the bodies. An Associated Press reporter at the hospital confirmed the toll.

There was no immediate comment from the Israeli military on the strikes.

Israel’s offensive has killed over 45,000 Palestinians in Gaza, according to local health officials, who say women and children make up more than half the fatalities. The officials do not distinguish between civilians and combatants in their tally.

The war was sparked by Hamas-led militants' Oct. 7, 2023 attack into Israel. They killed some 1,200 people, mostly civilians, and abducted around 250 that day. Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead.

Here's the latest:

JERUSALEM -- The Israeli military has claimed responsibility for a nighttime raid in Syria last September in which it says dozens of commandos destroyed a top-secret Iranian-led missile factory.

Israeli military spokesman Lt. Col. Nadav Shoshani said Thursday that Iran, working with its Syrian and the Hezbollah allies, planned to build hundreds of precision guided missiles per year at the factory that could be transferred to Lebanon. He said the facility was located in western Syria around the town of Masyaf near the Lebanese border.

He said Israel had been monitoring the underground facility for several years, but decided to strike at a time when Israel was at war with Hezbollah and the factory was becoming operational.

“This facility posed a clear threat to the state of Israel and this is why we had to take action,” he said.

Shoshani said over 100 special force soldiers took part in the Sept. 8 raid, backed by dozens of aircraft. Calling it one of Israel’s most complex operations in years, he said soldiers arrived by helicopter and entered the facility, which he said was dug deep into the side of a mountain.

In bodycam footage released by the Israeli military, special forces are seen moving through wide underground hallways and seizing documents, before a large explosion destroys the site. The video, which could not be independently verified, also showed images of what the army said was missile-manufacturing equipment.

At the time, Syrian state media reported four deaths from a series of Israeli airstrikes in the area. Shoshani said there were no Israeli casualties, and that Israel also damaged another missile-production facility in Lebanon during the war.

Israel and Hezbollah reached a cease-fire in late November, halting nearly 14 months of fighting.

JERUSALEM — Israeli Prime Minister Benjamin Netanyahu was released from the hospital Thursday after recovering from prostate surgery Sunday.

Doctors at Hadassah Ein Kerem Hospital said Netanyahu was recuperating satisfactorily, although he still has a period of recovery ahead. Medical follow-ups will continue as usual, according to a hospital statement.

Despite doctor’s orders to remain hospitalized, the 75-year-old leader had briefly left the facility to participate in a vote in Israel’s parliament on Tuesday.

KYIV, Ukraine – Ukraine’s president says his country is poised to reestablish diplomatic ties with Syria after the fall of President Bashar Assad and sharply increase agricultural exports to Lebanon despite being engaged in an almost three-year war with Russia.

The developments came after a recent visit to those countries by Ukraine’s top diplomat and its government minister for farming, according to a statement from Ukrainian President Volodymyr Zelenskyy on Thursday. Ukraine is aiming to build up its security and trade relations in the Middle East, he said.

Ukraine and Syria are assessing cooperation within international organizations, and Syria could this year become a “reliable partner” for Ukraine, Zelenskyy said.

The Ukrainian officials met with Syria’s new de facto authorities led by the Islamist group Hayat Tahrir al-Sham. The insurgents had ousted Assad, a longtime ally of Russian President Vladimir Putin, in early December.

Ukrainian agricultural exports to Lebanon are around $400 million a year but Zelenskyy said he hopes to at least double that.

Ukraine is a leading world producer of wheat, corn, barley, sunflower oil and other food products.

JERUSALEM — The Israeli military says it targeted a senior member of Hamas’ internal security apparatus in a strike in the Gaza Strip that Palestinian officials say killed nine other people, including three children.

The strike early Thursday hit a tent in an Israeli-declared humanitarian zone known as Muwasi, where hundreds of thousands of displaced people are sheltering in tents during the cold and rainy winter.

The military said Hossam Shahwan, a senior officer in the Hamas-run police force in Gaza, was involved in gathering intelligence used by Hamas’ armed wing in attacks on Israeli forces.

Maj. Gen. Mahmoud Salah, another senior police official, was also killed in the strike.

The military says Hamas militants hide among civilians and blames the group for their deaths in the nearly 15-month war, which was ignited by Hamas’ Oct. 7, 2023 attack into Israel.

The Hamas-run government had a police force numbering in the tens of thousands that maintained a high degree of public security before the war while also violently suppressing dissent.

The police have largely vanished from the streets in many areas after being targeted by Israel, contributing to the breakdown of law and order that has hindered the delivery of desperately needed humanitarian aid.

DAMASCUS, Syria — The forces together with armed vehicles were deployed in the city of Homs Thursday to look for the militants affiliated with ousted President Bashar Assad, state media reported.

SANA, citing a military official, said that the new de facto authorities led by the Islamist group Hayat Tahrir al-Sham had set up centers in Syria’s third-largest city for former soldiers and militants to hand over their weapons, similar to other parts of Syria.

In early December, a lightning insurgency took out the decades-long rule of Assad in less than two weeks. HTS has since run much of war-torn Syria under the authority of its leader Ahmad al-Sharaa.

Officials who were part of Assad's notorious web of intelligence and security apparatus have been arrested over the past few weeks.

DEIR AL-BALAH, Gaza Strip: An Israeli strike has killed at least eight Palestinian men in the central Gaza Strip.

The dead were members of local committees that help secure aid convoys, according to Al-Aqsa Martyrs Hospital, which received the bodies. An Associated Press reporter at the hospital confirmed the toll.

Earlier on Thursday, an Israeli airstrike in southern Gaza killed at least 10 people, including three children and two senior officers in the Hamas-run police.

There was no immediate comment from the Israeli military on the strikes.

Israel has repeatedly targeted the police, contributing to a breakdown of law and order in the territory that has made it difficult for humanitarian groups to deliver aid. Israel accuses Hamas of hijacking aid for its own purposes.

DUBAI, United Arab Emirates — Al Jazeera has condemned the Palestinian Authority’s decision to bar it from operating in the occupied West Bank, saying the decision was “in line” with similar actions taken by Israel.

In a statement Thursday, the Qatar-based broadcaster accused the Western-backed authority of seeking to “hide the truth about events in the occupied territories, especially what is happening in Jenin and its camps.”

The Palestinian Authority, which cooperates with Israel on security matters, launched a rare crackdown on anti-Israel militants in the urban Jenin refugee camp last month. The authority has international support but is unpopular among many Palestinians, with critics portraying it as a subcontractor of the Israeli occupation.

The Palestinian Authority announced the suspension of Al Jazeera’s activities on Wednesday, accusing it of incitement and interfering in Palestinian internal affairs. The Palestinian Authority exercises limited autonomy in parts of the Israeli-occupied West Bank.

Israel banned Al Jazeera last year, accusing it of being a mouthpiece of Hamas. Israeli strikes have killed or wounded several Al Jazeera reporters in Gaza, and Israel has accused some of them of being militants. Israeli forces raided Al Jazeera’s West Bank headquarters last year, but the broadcaster has continued to operate in the territory.

Al Jazeera denies the allegations and accuses Israel of trying to silence its coverage. Its 24-hour reporting from Gaza has focused on the deaths of Palestinian civilians. It has also broadcast Hamas and other militant videos in their entirety, showing attacks on Israeli forces and hostages speaking under duress.

Palestinian children play next to a building destroyed by Israeli army strikes in the central Gaza Strip town of Khan Younis, Wednesday, Jan. 1, 2025. (AP Photo/Abdel Kareem Hana)

Palestinian children play next to a building destroyed by Israeli army strikes in the central Gaza Strip town of Khan Younis, Wednesday, Jan. 1, 2025. (AP Photo/Abdel Kareem Hana)

Israeli soldiers stand in a bullet-ridden house during a tour for army personnel to observe the damage caused by the Oct. 7 Hamas onslaught at Kibbutz Kfar Aza, near the Israeli-Gaza border, in Israel, Thursday, Jan. 2, 2025. (AP Photo/Matias Delacroix)

Israeli soldiers stand in a bullet-ridden house during a tour for army personnel to observe the damage caused by the Oct. 7 Hamas onslaught at Kibbutz Kfar Aza, near the Israeli-Gaza border, in Israel, Thursday, Jan. 2, 2025. (AP Photo/Matias Delacroix)

An Israeli soldier jumps off an armoured vehicle at a staging area near the Gaza border in southern Israel, Thursday Jan. 2, 2025. (AP Photo/Tsafrir Abayov))

An Israeli soldier jumps off an armoured vehicle at a staging area near the Gaza border in southern Israel, Thursday Jan. 2, 2025. (AP Photo/Tsafrir Abayov))

Palestinians prepare the body for the funeral of a man killed during an Israeli army strike in Deir al-Balah in the central Gaza Strip, Thursday Jan. 2, 2025. The strike killed at least eight men members of local committees that help secure aid convoys, according to the Al-Aqsa Martyrs Hospital, which received the bodies.(AP Photo/Abdel Kareem Hana)

Palestinians prepare the body for the funeral of a man killed during an Israeli army strike in Deir al-Balah in the central Gaza Strip, Thursday Jan. 2, 2025. The strike killed at least eight men members of local committees that help secure aid convoys, according to the Al-Aqsa Martyrs Hospital, which received the bodies.(AP Photo/Abdel Kareem Hana)

A man reacts in grief as the body of 8-year-old Adam Farajallah is brought to Al-Aqsa Martyrs Hospital following an airstrike on a house in the Bureij refugee camp, in the central Gaza Strip town of Deir al-Balah Wednesday, Jan. 1, 2025. (AP Photo/Abdel Kareem Hana)

A man reacts in grief as the body of 8-year-old Adam Farajallah is brought to Al-Aqsa Martyrs Hospital following an airstrike on a house in the Bureij refugee camp, in the central Gaza Strip town of Deir al-Balah Wednesday, Jan. 1, 2025. (AP Photo/Abdel Kareem Hana)

A man mourns over the body of a Palestinian man killed during an Israeli army strike in Deir al-Balah in the central Gaza Strip, Thursday Jan. 2, 2025. The strike killed at least eight men members of local committees that help secure aid convoys, according to the Al-Aqsa Martyrs Hospital, which received the bodies.(AP Photo/Abdel Kareem Hana)

A man mourns over the body of a Palestinian man killed during an Israeli army strike in Deir al-Balah in the central Gaza Strip, Thursday Jan. 2, 2025. The strike killed at least eight men members of local committees that help secure aid convoys, according to the Al-Aqsa Martyrs Hospital, which received the bodies.(AP Photo/Abdel Kareem Hana)

Palestinian girls collect donated food at a food distribution center in Deir al-Balah, central Gaza Strip, Thursday Jan. 2, 2025. (AP Photo/Abdel Kareem Hana)

Palestinian girls collect donated food at a food distribution center in Deir al-Balah, central Gaza Strip, Thursday Jan. 2, 2025. (AP Photo/Abdel Kareem Hana)

An Israeli soldier covers his ears as an artillery gunner fires into the Gaza Strip from a position in southern Israel, Thursday, Jan. 2, 2025.(AP Photo/Matias Delacroix)

An Israeli soldier covers his ears as an artillery gunner fires into the Gaza Strip from a position in southern Israel, Thursday, Jan. 2, 2025.(AP Photo/Matias Delacroix)

A destroyed part of Gaza City as seen from southern Israel, Thursday Jan. 2, 2025. (AP Photo/Tsafrir Abayov))

A destroyed part of Gaza City as seen from southern Israel, Thursday Jan. 2, 2025. (AP Photo/Tsafrir Abayov))

Palestinians inspect the site of an earlier Israeli army strike in the Muwasi area, in Khan Younis, central Gaza Strip, Thursday Jan. 2, 2025. According to Palestinian medical officials, the airstrike killed at least 10 people, including three children and two senior police officers, in an Israeli-designated humanitarian zone in the Gaza Strip. (AP Photo/Abdel Kareem Hana)

Palestinians inspect the site of an earlier Israeli army strike in the Muwasi area, in Khan Younis, central Gaza Strip, Thursday Jan. 2, 2025. According to Palestinian medical officials, the airstrike killed at least 10 people, including three children and two senior police officers, in an Israeli-designated humanitarian zone in the Gaza Strip. (AP Photo/Abdel Kareem Hana)

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