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Financials : Banks | Large Cap Blend
Based in Chile
Company profile

Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank's segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.

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Semtech Announces LoRaWAN(R) Integration Into Cranberry Analytics' Smart Water Metering Solution

8:00 am ET May 19, 2022 (BusinessWire) Print

Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Cranberry Analytics, a water management company based in India, has chosen to integrate Semtech's LoRa(R) devices and the LoRaWAN(R) standard into its ultrasonic meters for smart water metering. India's Panaji Municipal Corporation awarded its smart water metering contract to Cranberry Analytics for use of its smart meters due to its reliable manual data capture and communication via LoRa modules.

This press release features multimedia. View the full release here:

"Semtech's LoRa provides cost-effective sensors and strong signal propagation capabilities which are necessary in an urban setting for deep in-building or underground connectivity," said Shishir Thakur, co-founder and CTO, Cranberry Analytics. "Considering all these factors, it became a clear decision that LoRa and LoRaWAN would be the best choice for reliable water metering."

Cranberry Analytics' smart water meters allow system administrators to collect meter readings and water consumption data on a daily basis, allowing for effective planning of water distribution as well as real-time anomaly detection and leakage analysis and mitigating water waste. According to Cranberry Analytics, in the project's initial phase, 3,094 consumer's mechanical water meters will be replaced by ultrasonic meters utilizing LoRa and LoRaWAN.

"LoRaWAN integration into the Cranberry Analytics water meters will allow for long range data transmission while reducing costs and keeping customer's data secure. The system's communication capabilities will allow meters to be diagnosed and updated without physical intervention," said Marc Pegulu, vice president of IoT product marketing and strategy for Semtech's Wireless and Sensing Products Group. "Overall, the collaboration with Cranberry Analytics is continuing to highlight Semtech's commitment toward creating a sustainable and smarter planet through LoRa devices and LoRaWAN."

To learn more about Cranberry Analytics' comprehensive solutions and impact, please visit here.

Semtech is a platinum sponsor of LoRaWAN World Expo 2022 taking place July 6-7 in Paris, France. Register to attend here.

About Semtech's LoRa(R) Platform

Semtech's LoRa device-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of ultra-low power, cost efficient and long range IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech's LoRa technology provides the communication layer for the LoRaWAN(R) standard, which is maintained by the LoRa Alliance(R), an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in over 170 countries. With the proliferation of LoRa devices and the LoRaWAN standard, the LoRa Developer Portal is a place to learn, connect, collaborate, and find resources to help accelerate your LoRa development process. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech's LoRa site.

About Cranberry Analytics

Cranberry Analytics provides technology and data-driven solutions for Water Management. They work with government, semi-government, and water infrastructure companies to boost their established, often archaic processes with technological expertise, R&D, and policy frameworks.

Cranberry Analytics is especially known for unrolling a broad spectrum of functions and technologies to Pimpri Chinchwad Municipal Corporation (PCMC), Pune, India for effective water supply management of a population of 25 lakh citizens. Since the project's inception in 2012, the company has been able to deliver value in terms of substantial water savings, increased revenues for the municipal body and heightened customer satisfaction. This has resulted in savings of 31 billion liters of water annually, measuring 95,000 million litres daily, increasing the revenue from metered connections to INR 55.2 crore (7.3 Million USD) in 2021-22 from INR 23.6 crore (3.1 Million USD) in 2011-12 and a significant reduction in consumer disputes to 251 from 10,642 during the same period. They have also created similar data-driven solutions for Asian Development Bank (ADB), Karnataka Urban Infrastructure Development & Finance Corp. (KUIDFC), Ministry of Housing and Urban Affairs (MoHUA) and French water and waste management giant, Suez International. For more information, visit here.

About Semtech

Semtech Corporation is a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words "will," "designed to" or other similar words or expressions, that describe Semtech Corporation'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 Corporation 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, but are not limited to: the uncertainty surrounding the impact and duration of supply chain constraints and any associated disruptions; the uncertainty surrounding the impact and duration of the COVID-19 pandemic; export restrictions and laws affecting Semtech Corporation's trade and investments including with respect to Huawei and certain of its affiliates and other entities identified by the U.S. government, and tariffs or the occurrence of trade wars; worldwide economic and political disruptions as a result of the current conflict between Russia and Ukraine; competitive changes in the marketplace including, but not limited to, the pace of growth or adoption rates of applicable products or technologies; downturns in the business cycle; and the additional risk factors set forth in Semtech Corporation's Annual Report on Form 10-K filed with the Securities and Exchange Commission ( on March 16, 2022 as such risk factors may be updated, amended or superseded from time to time by subsequent reports that Semtech Corporation files with the Securities and Exchange Commission. Semtech Corporation 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, the Semtech logo and LoRa are registered trademarks or service marks of Semtech Corporation or its affiliates.


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SOURCE: Semtech Corporation

Ronda Grech
Semtech Corporation
(805) 250-1263
comtex tracking


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