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06.01.2025 14:00:00

Semtech and iWOW Enhance Elder Care with LoRaWAN® Wireless Emergency System

Semtech
33.57 CHF -0.45%
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Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, announced that iWOW Technology Ltd (SGX: NXR), a technology provider specializing in integrated wireless IoT solutions as a service, has leveraged Semtech’s LoRa technology and LoRaWAN for its battery powered wireless emergency alert system deployed in 10,000 public housing flats for seniors in Singapore since 2019. About 800 seniors have received emergency medical care by using the system.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106857608/en/

Semtech Investor Relations (Graphic: Business Wire)

Semtech Investor Relations (Graphic: Business Wire)

According to World Health Organization (WHO) forecasts, one in six people globally will be aged 60 years or more by 2030. By 2050, this segment of the population will reach 2.1 billion, with the number of persons aged 80 years or older expected to reach 426 million.

Part of Singapore’s Ministry of Health Age Well SG program to create better living conditions for the country’s elderly, the emergency system will be extended to serve an additional 27,000 seniors housed in about 170 public rental housing blocks. A wall-mounted battery-powered red button is placed in various accessible locations in each flat. Pressing the button routes an emergency call to a 24-hour response center, while the associated app notifies the next of kin. The button is only activated in an emergency and otherwise does not use power or require that the resident have cellular service.

"Based on government program requirements, these emergency devices had to be battery-powered, require minimal maintenance and consume little energy,” said JY Chen, senior vice president at iWOW Technology. "The network infrastructure also had to be cost-effective for the dense housing blocks. Using LoRa and LoRaWAN was the clear choice, especially with its capacity to support other IoT applications in the future.”

"IoT and smart home technologies can play a vital role in helping people age in place,” said Shahar Feldman, senior director of product marketing at Semtech. "iWOW’s successful deployment over the past five years proves the effectiveness of this model to empower independent living for seniors and deliver round-the-clock emergency monitoring.”

About iWOW Technology

iWOW Technology Ltd (iWOW) (SGX: NXR) is a technology provider specializing in integrated wireless IoT solutions offered as a service. Established in 1999, iWOW stands for inspiring the world of wireless. The Group combines custom designed hardware with state-of-the-art cloud-based software to create innovative IoT solutions for a smarter, greener and safer world. Learn more at iwow.com/sg.

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.

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 (www.sec.gov) 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, Semtech logo, LoRa, and LoRaWAN 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.

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Innovationen am ETF-Markt 2025 | BX Swiss TV

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Mini-Futures auf SMI

Typ Stop-Loss Hebel Symbol
Short 13’226.31 19.09 SSZM8U
Short 13’519.58 13.22 S2S3VU
Short 13’995.97 8.81 3OUBSU
SMI-Kurs: 12’694.16 11.02.2025 17:31:50
Long 12’162.90 19.38 BIUS1U
Long 11’890.47 13.80 B44SAU
Long 11’345.98 8.69 BQVSAU
Die Produktdokumentation, d.h. der Prospekt und das Basisinformationsblatt (BIB), sowie Informationen zu Chancen und Risiken, finden Sie unter: https://keyinvest-ch.ubs.com

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