Semtech Announces Production Shipments of Industry’s Most Comprehensive 5G Wireless Front Haul Portfolio

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, today announced 5G wireless volume shipments with Semtech’s industry leading ClearEdge® CDR platform.

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Semtech 5G Wireless (Graphic: Business Wire)

"Semtech continues to make great inroads with the 5G wireless business as we enable our customers’ next generation 5G wireless optical module designs. Volume shipments of our complete front haul chipset platform starting in the fourth calendar quarter of 2019 will enable millions of ports in the coming year. Our customers continue to prioritize our designs based on our performance, delivery and support,” said Raza Khan, Senior Market Manager for Semtech’s Signal Integrity Products Group. "In addition, Semtech is already leading the way to enable analog PAM4-based solutions in the data center market and creating a complete analog PAM4 ecosystem with the Open Eye MSA. Semtech will leverage this PAM4 leadership and enable a complete 5G wireless Tri-Edge CDR portfolio.”

Most countries including China, Korea and the United States are now deploying 5G wireless services and many other countries have announced clear plans to deploy 5G wireless systems. Semtech expects the 5G wireless opportunity for Semtech to be significantly larger than 4G wireless, led by a higher number of 5G wireless base stations, as well as additional IC content per base station, since optical modules for 5G wireless utilize CDRs to ensure signal integrity, whereas 4G wireless does not.

Current 5G wireless deployments (phase 1) utilize 25 Gbps optical links in front haul supported by Semtech’s complete ClearEdge CDR platform. Future deployments of 5G wireless will enable new applications such as virtual reality gaming, virtual medical applications and autonomous driving cars. These systems will require lower latency and much higher bandwidth, and will utilize 50 Gbps PAM4 optical links starting in late 2020 enabled by Semtech’s Tri-Edge CDR portfolio.

Semtech is the leader in 4G wireless with over 80 percent market share and leading the industry with PAM4 Tri-Edge analog-based IC solutions. This puts Semtech in a unique position to lead the 5G wireless market and enable the wireless ecosystem.

Semtech’s 5G wireless ClearEdge CDR Platform includes:

• GN2139C: Bi-directional 24-26G ClearEdge CDR
• GN2142: Bi-directional 24-28G ClearEdge CDR with Integrated DML driver
• GN2146: Bi-directional 24-28G ClearEdge CDR with Integrated EML / MZM driver
• GN2148: Single 24-28G ClearEdge CDR with Integrated VCSEL Driver
• GN2149: Single 24-28G ClearEdge CDR with Integrated TIA
• GN1081: 24-28G FiberEdge™ TIA
• GN1086: Next generation 24-28G FiberEdge TIA

About Semtech’s Optical Products

Semtech’s optical networking product platforms provide high-performance signal integrity for optical module solutions used by leading companies in the data center/enterprise networking, wireless infrastructure and passive optical network/Fiber to the X markets. For more information, visit www.semtech.com/optical.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words "expect,” "will,” "plan to,” "designed to,” or other similar words or expressions, that describe Semtech Corporation’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 Corporation 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 are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions "Management’s Discussion and Analysis of Financial Condition and Results of Operations” and "Risk Factors.” Semtech Corporation 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 and ClearEdge are registered trademarks or service marks, and FiberEdge is a trademarks or service marks, of Semtech Corporation or its affiliates.

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