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A boardroom brawl just resulted in the ouster of Semtech's CEO -- one day after the company reported a big net loss.
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The firm once traded on the Toronto Stock Exchange (SEM.A and SEM.B). It was renamed Semi-Tech Corporation in 1994 as it diversified into consumer products. The company had bad bonds and millions of dollars of Canadian shareholders were burned. By late 1999, the company had just $600,000 in cash and unpaid debts of $650 million. [4]
Semtech Corporation is an American supplier of analog and mixed-signal semiconductors and advanced algorithms for consumer, enterprise computing, communications and industrial end-markets. It is based in Camarillo , Ventura County , Southern California .
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Infineon is listed in the DAX index of the Frankfurt Stock Exchange. In 2010, board member Klaus Wucherer was elected to step into the chairman's office upon the retirement of the then-current chairman Max Dietrich Kley following a proxy contest in advance of the shareholders' meeting. [9] In 2023, it was Germany's largest chip manufacturer. [10]