# Semtech sells cellular module business to Compal for $62 million 2026-08-14T15:00:53+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Semtech Corporation has agreed to sell its cellular module business to Taiwanese Compal Electronics for $62 million in cash, the companies said on Thursday. The transaction, approved by both boards, is expected to close in the fourth quarter of Semtech’s 2027 fiscal year. Compal will acquire the assets, intellectual property, customer relationships and personnel of the business. The cellular module unit accounted for only about 2% of global cellular IoT module shipments in 2025, according to Counterpoint Research. The research agency said rising memory costs are squeezing margins and average selling prices. Compal’s original design manufacturing capabilities could help, the firm noted. Semtech had acquired Sierra Wireless in a $1.2 billion deal in 2023. ## Coverage - telecom.economictimes.indiatimes.com Tags: Compal Electronics, Counterpoint Research, Semtech Canonical: https://indianopinion.org/semtech-sells-cellular-module-business-to-compal-for-62-million/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/semtech-sells-cellular-module-business-to-compal-for-62-million/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.