Semtech to Sponsor Internet of Things Competition

Semtech Corp. will host a competition for engineers and technologists to use its long-range wireless technology in new design ideas, the company announced Tuesday. Six contestants with the most innovative ideas will receive an early edition of the Camarillo semiconductor manufacturer’s next generation long-range technology developer kit. The three top winners also receive monetary prizes ranging from $250 to $1,000. The participants will make two-minute videos highlighting their design idea incorporating the Semtech SX126x technology platform for use in the agriculture, supply chain and logistics, health care, food and safety and insurance industries. “LoRa Technology will remain the de facto standard for (the Internet of Things) as even more engineers and developers incorporate our chips into their applications and designs,” said Vivek Mohan, director of Internet of Things at Semtech. The contest ends March 23 and the winners will be announced April 10. Shares of Semtech (SMTC) closed down 35 cents, or 1 percent, to $34.45 on the Nasdaq.