From Yahoo Finance: 2025-05-22 18:15:00

Silicon Laboratories Inc. (NASDAQ:SLAB) announced the launch of its Series 3 portfolio of wireless SoCs on May 22, built on the advanced 22 nm process node to power breakthroughs in computer power, energy efficiency, integration, and security. The Series 3 addresses the growing demand for line-powered and battery-powered IoT devices.

Utilizing 22 nm process nodes, Silicon Laboratories meets the demand for powerful IoT devices across smart cities, industrial automation, health, smart homes, and more. The new SoCs offer device makers a scalable, secure platform for building innovative high-performance IoT products, supporting energy efficiency in complex smart devices.

During Q1 FY2025, Silicon Laboratories saw strong sales growth in its Industrial & Commercial and Home & Life businesses, expanding its market share in the semiconductor industry. The Series 3 portfolio enhances the company’s offerings with advanced computing power and AI capabilities, positioning them for continued success.

As a fabless semiconductor company, Silicon Laboratories Inc. (NASDAQ:SLAB) provides integrated hardware and software systems for advanced industrial, commercial, home, and life applications. The company’s innovative product offerings have contributed to its expanding market share and strong sales growth in key sectors.

Read more: Silicon Laboratories Launches New Series of SoCs, Backing the Next Wave of IoT Breakthroughs