Semtech’s AVX Selected by Cypress Technology for Its AV Extenders

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Cypress Technology, a leader in design and manufacturing of innovative audio visual (AV) and multimedia products, has adopted Semtech’s AVX for its new line of high quality point-to-point AV extenders. Cypress selected AVX to enable transmission of uncompressed 4K60 video over distances up to 30km.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210203005093/en/

Cypress leverages Semtech's AVX technology (Photo: Business Wire)

"Semtech’s AVX was the first 4K60 AV extension IC on the market and remains the optimal solution to meet our customer demands. Our AVX-based products can transmit uncompressed video with zero-frame latency,” said Jason Yeh, Assistant Manager of Business Development Division at Cypress. "Cypress AVX-based products are gaining interest in command and control, medical and other highly demanding end markets.”

Cypress has leveraged the versatility of Semtech’s AVX for point-to-point extension of audio, video, Gigabit Ethernet, USB, and control signals. The transmission of each of these signals occurs with high reliability thanks to AVX’s robustness against EMI interference. Cypress offers products for both copper and fiber optic connectivity in compact form factors, taking advantage of AVX’s ability to connect directly to the SFP+ optical module, and thereby reducing cost, power and complexity of its product design.

"The value proposition of AVX resonates with manufacturers servicing the growing fiber optic AV extensions market,” said Don Shaver, Vice President of Video Products for Semtech’s Signal Integrity Products Group. "AVX is also displacing incumbent technology especially when new designs require reliable transmission of high quality video. AVX has hit the sweet spot in terms of cost, power consumption and reliable performance. AVX is a real success story for Semtech.”

To learn more, visit Semtech’s website.

Cypress Technology

In 1989 Cypress Technology was founded in Taiwan and specializes in the design and manufacture of innovative AV and Multimedia products. Today, Cypress Technology is highly recognized as a pioneer within the AV industry and offers an extensive product range that is widely used throughout the industry. Our vision is to create opportunities to see, and be seen, and to expand the horizons endlessly by spreading content widely through synchronous transmission of independent audio and video sources. Using real-time communication technology, more engagement is created and shared, more ideas are exchanged, more relationships are linked, and more opportunities are innovated. For more information, visit https://www.cypress.com/.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer 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 "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 and the Semtech logo are registered trademarks or service marks of Semtech Corporation or its affiliates.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20210203005093/en/