Semtech publishes fiscal 2026 annual report
Semtech Corporation
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- Semtech filed fiscal 2026 annual report covering year ended Jan. 25, 2026, highlighting continued focus on high-performance semiconductors for data center networking, IoT connectivity, and cellular infrastructure.
- Business mix stayed weighted to industrial markets at 55% of net sales, with infrastructure rising to 30%.
- Sales concentration remained elevated, with China including Hong Kong accounting for 47% of net sales.
- Outsourced production model continued, with key manufacturing partners across US, China, Israel, Japan, Taiwan, and Vietnam.
- Semtech completed acquisition of HieFo on March 3, 2026 for USD 34 million, adding internal foundry capacity under a fab-lite model.
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