SEMTECH CORP

We are a leading provider of high-performance semiconductors, incorporated in Delaware in 1960. We design, develop, manufacture, and market a diverse portfolio of products for commercial applications, addressing the global infrastructure, high-end consumer, and industrial end markets. Our semiconductors power data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. In the Infrastructure market, our products support data centers, passive optical networks ("PON"), base stations, optical networks, servers, carrier networks, switches and routers, cable modems, wireless local area network ("LAN"), and other communication infrastructure equipment. This market has expanded to support AI-driven applications and general compute data center applications. For High-End Consumer products, our solutions are used in smartphones, tablets, smart glasses, wearables, desktops, notebooks, wireless charging, set-top boxes, digital televisions, monitors and displays, digital video recorders, and other consumer equipment. The Industrial market utilizes our products for IoT applications such as connected spaces (smart cities, buildings, factories, facilities, and commercial buildings), smart utilities (electricity, water, gas, and smart grid), wireless charging, medical, security systems, automotive, industrial and home automation, supply chain management, asset tracking and logistics, analog and digital video broadcast equipment, video-over-IP solutions, and other industrial equipment. Our end customers for silicon solutions are primarily original equipment manufacturers ("OEMs") that produce and sell technology solutions. Our IoT module, router, gateways, and managed connectivity solutions are shipped to IoT device makers, enterprises, and solution providers to provide IoT connectivity to end devices. The semiconductor industry is broadly divided into analog, digital, and mixed-signal semiconductor products. Analog semiconductors condition and regulate "real world" functions. Digital semiconductors process binary information. Mixed-signal devices incorporate both analog and digital functions. The analog and mixed-signal industry is typically characterized by longer product life cycles than the digital industry.