ZIL-131

Silicon Labs Grows Revenue 55% in Second Quarter 2022

Retrieved on: 
Wednesday, July 27, 2022
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AUSTIN, Texas , July 27, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported robust financial results for the second quarter, which ended July 2, 2022. Revenue exceeded the top end of the guidance range at $263 million, up 13% sequentially and 55% year-on-year.

Key Points: 
  • AUSTIN, Texas, July 27, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader insecure, intelligent wireless technologyfor amore connected world, reported robust financial results for the second quarter, which ended July 2, 2022.
  • We delivered record revenue in the quarter and operating results ahead of model, driving strong EPS growth," said Matt Johnson, President and Chief Executive Officer of Silicon Labs.
  • References in this press release to Silicon Labs shall mean Silicon Laboratories Inc.
  • Note to editors: Silicon Laboratories, Silicon Labs, the "S" symbol, and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.

Silicon Labs Announces New Bluetooth® Location Services with Advanced Hardware and Software

Retrieved on: 
Tuesday, June 21, 2022
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AUSTIN, Texas, June 21, 2022 /PRNewswire/ -- Silicon Labs, a leader in secure, intelligent wireless technology for a more connected world, today announced its new, Bluetooth Location Services solution using accurate, low-power Bluetooth devices to simplify Angle of Arrival (AoA) and Angle of Departure (AoD) location services. Combining hardware and software, this new platform delivers industry-leading energy efficiency by using Silicon Labs' BG22 SiP modules and SoCs, which can operate for up to ten years on only a coin cell battery, with advanced software that can track assets, improve indoor navigation, and better locate tags with sub-meter accuracy. Borda Technology is one of the first companies to adopt this new platform. Borda provides "IoT for Healthcare" products such as Asset Management, Asset Utilization, Patient Throughput Management and Patient Flow, Patient Safety, and more through real-time location services (RTLS).

Key Points: 
  • These new features enhance Silicon Labs' Bluetooth software portfolio, one of the most comprehensive set of solutions available for accelerating development of direction-finding applications.
  • This new software runs on the BG22 family of Bluetooth low energy (LE) SoCs and SiPs, the smallest in Silicon Labs' portfolio.
  • Silicon Labs' holistic, platform-centric approach to Bluetooth location services and the simplicity of the BG22 has helped Borda dramatically decrease how long it takes to install its solution.
  • What once took months, can now be up and running in just weeks
    Silicon Labs's new Bluetooth Location Services solution is comprised of several parts, available to order today from Silicon Labs and distributors.