Skyworks Ramps Connectivity Solutions for Nest Video Doorbells
Jul. 10, 2018
IRVINE, Calif.--(BUSINESS WIRE)--Jul 10, 2018--Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced that Nest, a division of Google (Alphabet), is leveraging several of its wireless connectivity products across their recently launched video doorbells. The Nest Hello, which offers continuous, 24/7 recording capability and HD video, incorporates Skyworks’ industry leading portfolio to seamlessly connect users and other network devices as well as support extended ranges and longer battery life for smart home applications. In particular, Skyworks’ solutions enable the video doorbell to easily modulate among Wi-Fi ®, Bluetooth ® and Thread communication protocols while ensuring reliable data transfer at longer distances through obstacles such as walls and doors.
“Skyworks’ advanced wireless engines are supporting the world’s leading home automation providers,” said Carlos Bori, senior vice president of sales and marketing for Skyworks. “Our highly integrated solutions deliver outstanding performance and a six-fold reduction in space requirements versus discrete implementations. Skyworks is delighted to bring breakthrough architectures to the increasingly connected world and expand our reach across rapidly emerging smart home security systems.”
Technavio’s June 2018 market research report estimates that the smart doorbell market will register a compounded annual growth rate of almost 70 percent through 2022, citing growing interest in home automation as one of the major driving factors. Home automation enables several devices to be interconnected in the home via the integration of numerous wireless communication technologies. According to Statista, the overall global revenue of the smart home security market alone is estimated to reach $18 billion in 2020.
For more information about Skyworks portfolio of connectivity solutions, please visit: www.skyworksinc.com or contact your Skyworks representative.
Skyworks Solutions, Inc. is empowering the wireless networking revolution. Our highly innovative analog semiconductors are connecting people, places and things spanning a number of new and previously unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.
Skyworks is a global company with engineering, marketing, operations, sales and support facilities located throughout Asia, Europe and North America and is a member of the S&P 500® and Nasdaq-100® market indices (NASDAQ: SWKS). For more information, please visit Skyworks’ website at: www.skyworksinc.com.
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Any forward-looking statements contained in this press release are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include without limitation information relating to future events, results and expectations of Skyworks. Forward-looking statements can often be identified by words such as "anticipates," "expects," "forecasts," "intends," "believes," "plans," "may," "will" or "continue," and similar expressions and variations (or negatives) of these words. Actual events and/or results may differ materially and adversely from such forward-looking statements as a result of certain risks and uncertainties including, but not limited to, our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; our ability to develop, manufacture, and market innovative products and avoid product obsolescence; our ability to compete in the marketplace and achieve market acceptance of our products; the availability and pricing of third-party semiconductor foundry, assembly and test capacity, raw materials and supplier components; the quality of our products; and other risks and uncertainties identified in the "Risk Factors" section of Skyworks' most recent Annual Report on Form 10-K (and/or Quarterly Report on Form 10-Q) as filed with the Securities and Exchange Commission ("SEC"). Copies of Skyworks' SEC filings can be obtained, free of charge, on Skyworks' website ( www.skyworksinc.com ) or at the SEC's website ( www.sec.gov ). Any forward-looking statements contained in this press release are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Note to Editors: Skyworks and the Skyworks symbol are trademarks or registered trademarks of Skyworks Solutions, Inc. or its subsidiaries in the United States and other countries. Third-party brands and names are for identification purposes only, and are the property of their respective owners.
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CONTACT: Skyworks Solutions, Inc.
Tami Stegmaier, 949-231-4207
Mitch Haws, 949-231-3223
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS AUDIO/VIDEO SEMICONDUCTOR HOME GOODS MOBILE/WIRELESS RETAIL
SOURCE: Skyworks Solutions, Inc.
Copyright Business Wire 2018.
PUB: 07/10/2018 08:00 AM/DISC: 07/10/2018 08:01 AM