The Board of Directors of Semtech Corporation sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities, the Board of Directors follows the procedures and standards that are set forth in numerous guidelines, including our Bylaws and Core Values and Code of Conduct.
Insider Trading Policy
Our Core Values and Code of Conduct apply to all of Semtech’s directors, officers and employees around the world. These guidelines emphasize the importance that the Board of Directors and the Senior Leadership Team place on ethical actions, individual integrity and fair dealing. This includes strict policies against insider stock trading, the sharing of insider information with others outside of the Company, hedging transactions or the use of Semtech stock as collateral for margin accounts.
Semtech continues to focus on delivering a strong operating performance, with record-breaking growth recently seen in all three of our product groups. Our strong operating performance is driven by three industry mega trends:
利用物联网 (IoT) 打造智慧地球
Higher bandwidth, led by data center build outs
Greater mobility and the increasing use of mobile devices
这三种行业趋势都体现了 Semtech 的创新和远见，也正因如此，Semtech 才得以在行业中处于前沿地位。这种创新和远见还将继续推动我们未来的增长领域，助力公司在未来持续盈利。
Semtech continues to lead as a pioneer in the IoT, and founding member of the fastest growing technology alliance - the non-profit LoRa Alliance®. IoT is expected to deliver intelligence and efficiency on an unparalleled scale through the use of advanced analytics that quickly and inexpensively connect billions of “things” to the Cloud. Semtech’s revolutionary LoRa® devices and LoRaWAN® standard are helping to make this goal a reality around the globe, as it continues to establish itself as the de facto platform in Low Power Wide Area Networks (LPWAN). With LoRaWAN networks on every inhabited continent, and deployments of LoRa-enabled devices rapidly increasing, Semtech is well positioned in the IoT market.
对更大带宽和连接解决方案的持续需求，仍然是 Semtech 信号完整性产品事业部实现增长和创纪录年度净销售业绩的主要驱动因素。云和超大规模数据中心对高速链接的需求有望持续增长，而 Semtech 的 ClearEdge®、Tri-Edge™ Clock 和数据恢复 (CDR) 平台以及 FiberEdge® 物理媒体设备 (PMD) 平台，均定位于满足这些市场需求。这些产品性能更高，能耗却更低。
Semtech 拥有许多创新的保护平台和接近传感平台，适用于智能手机、平板电脑和可穿戴设备，方便保护客户的产品以及保护用户免受越来越强的无线电波辐射。 随着全球对此类产品的日益依赖，这将是助力 Semtech 持续盈利的另一个增长领域。
We believe our unrelenting focus in developing innovative solutions, our diverse customer base, our balanced end-market exposure, and our balanced product portfolio position Semtech very well strategically to deliver future net sales and earnings growth.
Annual Reports and other financial information such as SEC filings, quarterly reports, earnings calls, and proxy statements, are available in the Investors section of the Semtech website.
Except for matters requiring action by the stockholders, the Board of Directors is the ultimate decision-making body of the Company. Directors are expected to devote sufficient time to the Board and its committees to carry out their duties and responsibilities effectively. It is expected that each Director will be available to attend all meetings of the Board and any committees on which the Director serves, as well as the Company’s Annual Meeting of Stockholders. A list of Semtech’s current Board of Directors can be viewed in the Investors section of the company’s website.
Committees are designated by the Board of Directors, and must be approved by a majority in order to be established. In addition, each committee must consist of one or more of the Directors of Semtech. Semtech currently has three committees: Compensation Committee, Nominating and Governance Committee and the Audit Committee.