Exhibit 99.1

      Semtech Expands Senior Management, Elects Jason Carlson as
                President and Chief Operating Officer

   CAMARILLO, Calif.--(BUSINESS WIRE)--Nov. 4, 2002--Semtech Corp.
(Nasdaq:SMTC), a leading supplier of analog and mixed-signal
semiconductors for communications, portable devices, computers, and
industrial equipment, today announced that Jason Carlson will serve as
the company's President and in the newly created position of Chief
Operating Officer.
   As the company's President and Chief Operating Officer, effective
immediately, Carlson will oversee all day-to-day operational
activities, and play a key role in the creation and implementation of
plans for product development, quality assurance, and human resources,
as well as sales and marketing.
   "Adding Jason Carlson to our team significantly expands and
strengthens our senior management capabilities as we position Semtech
for a new era of growth," stated John D. "Jack" Poe, Chairman of the
Board and Chief Executive Officer for Semtech. "Jason brings a fresh
perspective to our existing business, and his experience with other
products, markets and customers outside of Semtech's traditional
strengths will allow the company to examine new opportunities for
future growth."
   Mr. Poe added, "Given Semtech's tremendous expansion over the past
decade, overseeing the company's operations tasks has been consuming
an increasingly larger portion of my time. With the addition of a
Chief Operating Officer, I can now dedicate my attention to
identifying and executing strategic growth initiatives and other
business opportunities for Semtech."
   Mr. Carlson was most recently vice president and general manager
of the Crystal Product Division at Cirrus Logic, Inc., a supplier of
analog and DSP solutions. He is a 20-year veteran of the engineering
and semiconductor industry, having also served as President & CEO of
Audiologic, Inc. and co-founder of Resound Corporation.

   About Semtech

   Semtech Corporation is a leading supplier of high-quality analog
and mixed-signal semiconductor products. The company is dedicated to
providing customers with proprietary solutions and breakthrough
technology in power management, protection, advanced communications,
human interface, test and measurement, and high-speed clock/logic
products. Publicly traded since 1967, Semtech is listed on the NASDAQ
National Market under the symbol SMTC. For more information, contact
Semtech Corp. at 200 Flynn Road, Camarillo, CA 93012-8790; phone
805/498-2111; e-mail to info@semtech.com; or visit its Web site at
www.semtech.com.

    CONTACT: Semtech Corporation
             John Baumann, 805/480-2010 (Investor Relations)