technologyneutral
Amazon Expands Its Global Network With LoRa Technology
California, USAThursday, March 5, 2026
Amazon started using LoRa in 2023 to extend Sidewalk’s coverage. The technology lets sensors connect from fixed points and moving devices across whole neighborhoods. Semtech highlighted the strengths of LoRa: its range, minimal power use, and ability to support large networks. Amazon’s side‑walk manager said the goal is “invisible, reliable connectivity. ” A senior Semtech executive praised Amazon’s choice as proof that proven wireless can power the Internet of Things.
Semtech also bought HieFo Corporation for about $34 million. The acquisition adds laser and gain‑chip technology to the company’s data‑center portfolio, helping it meet growing AI demands. The deal is expected to improve earnings per share in the first year, and Semtech plans more production and jobs at HieFo’s California site.
The company will report earnings on March 16, 2026. Analysts predict a slight drop in earnings per share to $0. 37 from $0. 40, while revenue is expected to rise to $273 million. The stock has a high price‑to‑earnings ratio, but many analysts still give it a buy rating. Current trading shows the share near its yearly high.
Actions
flag content