Welcome to our dedicated page for Silicon Labs news (Ticker: SLAB), a resource for investors and traders seeking the latest updates and insights on Silicon Labs stock.
Silicon Laboratories Inc. (Silicon Labs, NASDAQ: SLAB) is a semiconductor company focused on low-power wireless connectivity and embedded technology for smart home, industrial IoT, and smart city applications. The news around Silicon Labs often highlights how its SoCs, software, and tools are used to build secure, energy-efficient connected devices across these markets.
On this page, readers can follow Silicon Labs news related to product launches, developer tools, ecosystem partnerships, and financial updates. Recent announcements have covered new Series 3 SoCs with advanced security, Sub-GHz IoT devices aimed at long-range connectivity, and the Simplicity Ecosystem and Simplicity SDK for Zephyr, which are designed to streamline embedded IoT development and introduce AI-augmented workflows.
Silicon Labs news also includes updates on security and governance, such as the appointment of a Chief Information Security Officer to lead global cybersecurity strategy and promote security-by-design practices across silicon, software, and cloud-connected products. Financial news items appear through earnings releases and conference participation notices, reflecting the company’s status as a NASDAQ-listed issuer.
Investors, developers, and industry observers can use this news feed to monitor how Silicon Labs evolves its low-power wireless platforms, engages with standards bodies and alliances, and collaborates with partners in areas like Wi-SUN mesh networking and smart home access control. Returning to this page provides an ongoing view of the company’s role in the semiconductor and IoT connectivity landscape.
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Silicon Labs (NASDAQ: SLAB) reported its first-quarter 2023 results, achieving revenue of $247 million, a 6% increase year-on-year, driven by its Bluetooth portfolio. The company recorded a GAAP gross margin of 62.3% and diluted earnings per share of $0.41. Non-GAAP results showed gross margin at 62.5% and diluted earnings per share at $1.12. The company anticipates second-quarter revenue between $238 million and $248 million and plans to redeem outstanding 2025 convertible notes, settling $535 million in cash.
Silicon Labs also launched several new IoT products, including a low-power SoC suitable for smart cities and a family of Bluetooth SoCs designed for compact devices.
Silicon Labs (NASDAQ: SLAB) has announced plans to release its first-quarter 2023 financial results on April 26, 2023, followed by an earnings conference call at 7:30 a.m. Central Time. Investors can access the call through the company's Investor Relations webpage. A replay will be available until May 26, 2023, either on the website or via specified phone numbers. Silicon Labs continues to position itself as a leader in secure, intelligent wireless technology, aiming to provide innovative solutions across various applications.
Silicon Labs (NASDAQ: SLAB) announced the launch of two new integrated circuits designed for ultra-small IoT devices: the xG27 family of Bluetooth SoCs and the BB50 MCU. The xG27 SoCs, sized from 2 mm² to 5 mm², are aimed at applications ranging from medical devices to smart sensors, boasting energy efficiency and advanced security features. The BB50 MCUs cater to non-connected applications, aiding design flexibility. Notably, Lura Health has selected the BG27 SoC for a new wearable device, enabling data collection from saliva for health condition monitoring. These innovations underline Silicon Labs' leadership in IoT technology.
Silicon Labs (NASDAQ: SLAB) has published its 2022 Annual Report to Shareholders and the 2023 Proxy Statement on its Investor Relations page. Shareholders can request hard copies via phone or email. Additionally, the company released its 2022 Corporate Sustainability Report for download. Silicon Labs continues to lead in secure, intelligent wireless technology, providing integrated hardware and software solutions that facilitate the development of advanced applications across various sectors.