How do you define your market? and how’s it been the last couple of years for you and your team?
Matt: We focus exclusively on the IoT wireless space, and it’s fascinating for us that this space is growing at a pace we have never seen before. Our market has the potential for growing to 50-60 billion units a year in the next decade, which is incredible. We have never seen anything like that in the semiconductor space. We are the largest company in the world that is dedicated to IoT wireless. We are making good progress. We have doubled the size of the company in the past two years, but we are even more excited about the future. We are in the middle of a really strong product cycle in an industry that is gaining momentum.
How do you define Silicon Labs?
Matt: We provide all the requisite low-power wireless technologies for IoT and what they will become in the future. Our solutions comprise a wireless SoC, which includes all the requisite components that someone would need, including computing, security, and all the peripherals. In some cases, ours is the only IC in the design because it is a complete system solution. We also provide the complete software support that goes with it, including all the tools for the developers, and all the services and support as well.
What makes us unique is that we can provide a complete solution through the module and certification for our customers. So, if a customer wants a lot of uniqueness, like hand-holding and high-touch, or a turnkey solution that just works with low or no touch, we can provide all of that.
What is your vision for Silicon Labs?
This story is from the February 2023 edition of Electronics For You.
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This story is from the February 2023 edition of Electronics For You.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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