Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Semtech's Power Line Communications SoC Selected by Wasion Group for Smart Grid Applications in China (PRC)

SMTC

Multiple Smart City solutions powered by Semtech’s PLC Platform

Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, and Wasion Group (HKEX:3393) announced today their collaboration on the first roll out of the G3-PLC based Advanced Metering Infrastructure (AMI) with China Southern Power Grid. Semtech’s multimode Power Line Communications (PLC) platforms will be used for communication in RS485 Meter aggregators, as well as for residential, commercial and industrial Smart Meters. Semtech’s EV8000 Power Line Communications SoC will be employed as the G3-PLC communications modem.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151028005324/en/

“We selected Semtech as our AMI technology partner for OFDM PLC roll out in Southern Grid due to the superior performance of Semtech’s modems under challenging network conditions and the fact that Semtech offered the highest density and the lowest bill of material for its external circuitry,” said Michael Wang, Sr. VP and Chief Technology Officer at Wasion. “Integrating Semtech’s multi-protocol modems allow us to run a G3-PLC PHY while supporting the legacy DL/T645 and Q/GDW376.2 modem interfaces used in Southern Grid.”

The launch of the G3-PLC with Southern Grid marks the beginning of OFDM roll out in China. With nearly all PLC deployments currently based on older FSK technology, both the State Grid and Southern Grid are evaluating the broader deployment of OFDM technologies to enable higher frequency of meter reads for better demand management, including enabling consumers to monitor their energy usage. With nearly 400 million utility customers, Southern Grid covers five provinces and has more than 36 million utility customers, while State Grid has over 350 million.

“We are very pleased to have been selected by Wasion as their strategic AMI technology partner for Southern Grid,” said Reza Mirkhani, Vice President of Smart Grid Products at Semtech. “Wasion, with its long history in Smart Meter development, is one of the largest vendors of meters and advanced AMI solutions in the industry. We look forward to a strong Partnership with Wasion as they roll out the first G3-PLC OFDM-based AMI network with Southern Grid.”

“China’s rapid movement towards communicating meters makes it by far the largest market worldwide by volume,” commented Jacob Pereira, Senior Analyst, Smart Utilities Infrastructure for IHS. “We estimate that nearly half of all electricity meters shipped globally, and more than two-thirds of those shipped in the Asia Pacific region, in 2014 were installed in China.”

About EV8000

The EV8000 is a fully integrated single-chip PLC SoC that includes comprehensive modem functionality from the power line to the network layer and has programmable frequency bands, covering CENELEC-A, FCC and ARIB bands without the need for chip or module hardware changes. The EV8000 soft-modem can be programmed to operate in ITU-T G.9903 (G3-PLC), ITU-T G.9904 (PRIME) and IEEE P1901.2 modes simply by downloading their respective firmware code to the chip remotely over the power line network.

Resources:

About Semtech

Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors 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.

About Wasion

Wasion Group is the leading provider of energy measurement equipment and energy saving solutions in the PRC. Its products and services include Advanced Metering Infrastructure Solutions (AMI), Smart Meters (SM) and Advanced Distribution Operations (ADO) (Smart Distribution Solutions (SDS), Smart Distribution Devices (SDD) and Energy Efficiency Solutions (EES)). The Group’s current clients include power grid companies, water, gas and heat providers, and other major industrial and commercial users. Its products have major market share in the PRC and are exported worldwide including Asia, Africa, Europe and United States. The Group owned China’s very first Energy Conservation and Environmental Protection Engineering Research Center (節能環保領域工程研究中心). Its research centre and laboratory have been certified as national grade and international standards. Wasion’s research and development capabilities in smart metering and energy saving solutions are renowned within the industry. For more information, please visit www.wasion.cn.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use words such as "will," “marks the beginning,” or “towards,” or other similar words or expressions, that describe Semtech Corporation’s or Wasion Group’s or its or their 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 (http://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, or trademarks or service marks, of Semtech Corporation and/or its affiliates. Third-party trademarks or service marks mentioned herein are the property of their respective owners.

Semtech Corporation
David Guerra, 805-480-2184
dguerra@semtech.com