Technology Director Hong Q. Hou joins Semtech to help oversee the next era of growth
Camarillo, California, June 30, 2023–(BUSINESS WIRE)–Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and cloud connectivity service provider, today announced the appointment of Mr. Hong Q. Hou to its Board of Directors, effective July 1. Announced. 2023. Dr. Hou has extensive experience in product and business development and operations management, having held numerous leadership roles at technology companies with large global footprints. Dr. Hou will also serve on the Board's Compensation Committee.
“We are excited to have Mr. Hong join Semtech's board of directors,” said Rockel N. Hankin, chairman of the board. “Mr. Hong brings a proven track record of product, business and operational leadership that will be critical to Semtech's next era of growth. We look forward to benefiting from Mr. Hong's expertise as we continue to build our portfolio” for future growth and maximizing shareholder value. ”
“I am honored to join the Semtech Board of Directors. I have a passion for the industry and innovation, and I am excited to bring my extensive experience in the semiconductor industry and markets to support the company's future growth plans. ,” Dr. Hou said. “We have a strong team and I am fully committed to helping the company achieve its goals. I look forward to working with the board and management team.”
Dr. Hou's appointment follows the recent appointments of Greg Fisher and Paul Walsh to the Board of Directors. With this appointment, the number of directors on Semtech's board of directors will be 11.
About Hou Hongqiu
Dr. Hou is an accomplished multinational technology executive and recognized global corporate leader who has won with complex products in dynamic, hyper-competitive markets. Dr. Hou currently serves as President of the Semiconductor Group at Brooks Automation, a leading provider of automated wafer handling and contamination control solutions for semiconductor manufacturing equipment. Previously, Dr. Hou served as Corporate Vice President of Intel Corporation's Network and Edge Group. Previously, he held executive positions at Fabrinet, AXT, and EMCORE. He holds his Ph.D. He received his PhD in electrical engineering from the University of California, San Diego, and also completed business administration courses at the Stanford School of Business.
About Semtech
Semtech Corporation (Nasdaq: SMTC) is a high-performance semiconductor, IoT systems and cloud connectivity services provider dedicated to delivering high-quality technology solutions that enable a smarter, more connected and sustainable planet. . Our global team is dedicated to helping solution architects and application developers create breakthrough products for infrastructure, industrial, and consumer markets. For more information about Semtech technology, visit Semtech.com or follow us on LinkedIn. twitter.
Forward-looking and cautionary statements
All statements contained herein that are not statements of historical fact, including statements that use the word “will” or other similar words or expressions that describe Semtech Corporation's future plans, purposes, and goals, are These forward-looking statements are made in accordance with the following: 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 may cause Semtech Corporation's actual results to differ from historical and/or future results or from such forward-looking statements. Results may differ materially from those expressed or implied by such statements. . Such factors include the inherent risks, costs and uncertainties associated with the integration of Sierra Wireless, the risk that all or any of the anticipated benefits will not be achieved, or that the anticipated benefits will not be fully realized; including, but not limited to, risks that may not be available to you. Realization will take longer than expected. uncertainty regarding the impact and duration of supply chain constraints and associated disruptions; Future responses to public health crises and their impacts. the occurrence of export restrictions and laws, tariffs or trade wars affecting Semtech Corporation's trade and investments; global economic and political turmoil, including as a result of inflation and the current conflict between Russia and Ukraine; Concerns about the U.S. banking system. changes in competition in the market; This includes, but is not limited to, the pace of growth and adoption rate of applicable products and technologies. Business cycle downturn. lower average selling prices for Semtech products; Semtech relies on a limited number of suppliers and subcontractors for components and materials. anticipated or anticipated changes in end-user markets; and the additional risk factors described in Semtech Corporation's Annual Report on Form 10-K filed with the Securities and Exchange Commission (www.sec.gov) on March 30, 2023. These risk factors may be updated, modified or replaced from time to time. It will take time for Semtech Corporation to file subsequent reports with the Securities and Exchange Commission. Semtech Corporation undertakes no obligation to update forward-looking statements to reflect events or circumstances that may occur 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 subsidiaries.
SMTC-F
View source version on businesswire.com. https://www.businesswire.com/news/home/20230630628684/ja/
contact address
Press contact:
Shannon Love
(602) 575-9045
slove@semtech.com
Investor contact information:
Anoja Shah
(630) 390-6413
anojja.shah@semtech.com
