Semtech Achieves 5G RedCap Certification with AT&T

Michelle Lozada, pr@semtech.com

Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service provider, today announced a key milestone in 5G RedCap (reduced capacity) rollout. The company’s EM8695 5G RedCap module, powered by the Snapdragon® X35 5G Modem-RF System, has earned FCC and PTCRB certifications, paving the way for carrier certifications across North America. Additionally, successful testing and certification on AT&T’s RedCap network underscores the module’s readiness to enable robust and scalable 5G RedCap connectivity. These achievements mark a critical step toward enabling widespread adoption of 5G RedCap technology for mid-range IoT applications, including wearable, wireless industrial sensors, video surveillance, asset tracking and mid-speed computing devices.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122683676/en/

Semtech Achieves 5G RedCap Certification with AT&T (Graphic: Business Wire)

Semtech Achieves 5G RedCap Certification with AT&T (Graphic: Business Wire)

Recent industry projections emphasize RedCap's critical role in driving IoT growth. According to Omdia, global RedCap connections are expected to surge from 27.6 million in 2023 to 963.5 million by 2030. By 2030, Rethink Research predicts that RedCap variants will comprise nearly one-third of all cellular IoT connections, highlighting its growing adoption and importance in the industry.

“As the industry moves toward 5G, a new generation of wireless modules are needed. Semtech is leading the drive for innovation and enabling the next wave of IoT deployments,” said Cameron Coursey, vice president, AT&T Connected Solutions. “The EM8695 module exemplifies how 5G RedCap technology can enable new and exciting solutions for our customers.”

“We are delighted to achieve this significant milestone in collaboration with AT&T,” said Larry Zibrik, vice president of modules at Semtech. “This accomplishment brings 5G RedCap to reality for our customers and positions Semtech to fuel the next generation of IoT expansion. The EM8695 module represents a transformative technology that makes sustainable, scalable, and cost-effective solutions attainable for more industries than ever before.”

"We are thrilled to see Semtech’s EM8695 5G RedCap module, which leverages the Snapdragon X35 5G Modem-RF System, successfully achieve FCC and PTCRB certifications through testing on AT&T's RedCap network,” said Gautam Sheoran, vice president and general manager, Wireless Broadband and Communications, Qualcomm Technologies, Inc. “This marks a significant step to expand 5G RedCap capabilities, delivering performance, efficiency, and value to the IoT ecosystem."

Future-Proofing IoT with 5G RedCap

Based on 3GPP Release 17, the EM8695 5G RedCap module addresses the growing demand for future-proof IoT solutions as LTE (Long Term Evolution) networks are expected to begin a gradual phase-out by 2030. RedCap offers an optimal balance of performance and efficiency for IoT use cases that do not require the ultra-high speeds of traditional 5G but benefit from its scalability, reduced complexity, and long-term viability.

Compared to LTE Cat-4 and Cat-6 modules, 5G RedCap provides a 65% reduction in power consumption while still delivering the longevity and scalability of 5G. By offering smaller, less complex, and more cost-effective solutions than traditional 5G, RedCap brings 5G technology to new markets, including agriculture, healthcare, manufacturing, retail, and smart cities.

The EM8695 module is equipped with LTE fallback capabilities and features an M.2 standard format, ensuring compatibility with Semtech’s existing LTE modules. This enables businesses to transition seamlessly to 5G without the need for significant hardware redesign, ensuring long-term performance and cost efficiency.

Semtech anticipates full certification of its EM8695 module with AT&T by the first half of 2025. The company is also pursuing certifications across other regions to align with global carrier rollouts. For more information about Semtech’s EM8695 RedCap module, click here.

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 and the Semtech logo 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.

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patented technologies are licensed by Qualcomm Incorporated. Snapdragon is a trademark or registered trademark of Qualcomm Incorporated.

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