Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors enabling a broad range of end markets, today announced that it is partnering with Wistron NeWeb Corp., a leading ODM in Asia and supplier of connected home solutions for a number of branded OEMs. WNC is leveraging Skyworks’ power management and ZigBee® front-end modules for several of their low-power RF devices that, among other things, allows consumers to turn lights on and off, automate appliances, monitor security cameras and control other things around the home from anywhere via their smartphone.
“WNC is pleased to be collaborating with Skyworks to deliver easily integrated products for the connected home,” said Fa Yu Chen, vice president of automotive and digital media business at WNC. “Our ability to develop well thought out platforms from conception to volume production complements Skyworks’ best-in class solutions that together enable a better end-user experience.”
“With the connected home market expanding, Skyworks is delighted to work closely with WNC, a leading global manufacturer of products for smart home applications,” said Bradley C. Byk, senior vice president of worldwide sales at Skyworks. “Together we are creating innovative wireless solutions for brand-name enterprises, system operators and content service providers – ultimately allowing consumers to enjoy the full power of mobile connectivity.”
As cited in GSMA’s Vision of Smart Home: The Role of Mobile in the Home of the Future report, the combined revenue from the smart metering, home automation and home energy management segment is forecasted to generate more than $44 billion in 2016, according to market research companies ABI and Berg Insight. The overall revenue potential of the smart home is expected to be even higher as devices from the entertainment, health and home security sectors also become connected.The partnership with WNC expands Skyworks presence in the fast growing connected home market. Earlier this year, Skyworks similarly announced it is supporting SMC Networks for home security, monitoring and automation solutions.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV