The Chinese company tracks loo locations and reduces operating costs through the integration of LoRa technology
Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance analog and mixed-signal semiconductor products and advanced algorithms, today announced that OFO, a leading Chinese shared cycling company, is integrating LoRa â„¢ devices and radio frequency technology (LoRa technology) Complementing its licensed spectrum connectivity options for complete network connectivity, even in remote areas and densely populated buildings.
Ofo currently operates nearly 10 million shared bicycles in more than 180 cities around the world and provides 25 million daily bike rides. The bikes are equipped with GPS / GLONASS trackers, which transmit data to web applications via the cloud, allowing OFO and its users to lock the bike's location. As the company grows globally, LoRa's technology and LoRaWANTM open protocols provide a wide area of ​​reliable connectivity for OFO.
"Ofo is a pioneer in the field of Internet of Things (IoT) and has led the application of NB-IoT, NFC, BLE and other IoT technologies," said Xue Ding, co-founder of ofo. "On this basis, ofo continues to explore other IoT solutions as we continue to lower our operating costs and improve operational levels, and Semtech's LoRa technology is one of the best choices, and ofo is willing to work with its global partners to promote green riding culture."
"With its global interoperability, the many features of the LoRaWAN Open Protocol complement each other with licensed spectrum networks to provide complete coverage for customers in remote locations," said Mike Wong, vice president, Wireless and Sensing Products, Semtech. Said. "Features such as distance, low power and ease of deployment are crucial to a company that is expanding at full speed like ofo, and all of these are available with LoRa technology."
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