Silicon Labs Powers World's First Native Matter-Over-Thread Smart Locks as Matter Goes Mainstream

Rhea-AI Summary

Silicon Labs' solutions have been chosen by smart lock pioneers Nuki and U-tec for the world's first native Matter-over-Thread smart locks, showcasing the companies' commitment to innovation and security in the smart home sector.

Market Research Analyst

The strategic partnership between Nuki, U-tec and Silicon Labs represents a significant development in the smart home industry, particularly in the smart lock sector. The integration of Matter-over-Thread technology by these companies indicates a growing trend towards interoperability and enhanced security in IoT devices, which is likely to influence consumer preferences and market dynamics. As these products penetrate the market, we can anticipate a shift in competitive strategies, with companies prioritizing technological advancements that offer seamless connectivity across various ecosystems.

The announcement may also signal a broader adoption of Matter-over-Thread, potentially leading to an increase in demand for Silicon Labs' solutions. This could have a positive impact on the company's financial performance, reflected in its stock valuation. Moreover, the expansion of Nuki's retrofit locks into the U.S. market could diversify revenue streams and increase market share, presenting new growth opportunities for stakeholders.

Cybersecurity Expert

The emphasis on security in the announcement highlights the critical importance of cybersecurity in the IoT sector. Silicon Labs' Secure Vault™ technology within the MG24 SoC is an advanced feature that addresses the growing concerns about cyber threats in connected home devices. This technology is likely to set a new standard for security in IoT devices, which could become a key differentiator in a highly competitive market. The focus on preventing both remote and local cyber-attacks suggests that Silicon Labs is positioning itself as a leader in secure IoT solutions, which could enhance its reputation and lead to increased market trust and customer loyalty.

Financial Analyst

The announcement could have a material impact on Silicon Labs' financial outlook. The adoption of its Matter-over-Thread solutions by leading smart lock manufacturers like Nuki and U-tec suggests potential for increased revenue streams through sales of its SoCs and modules. The technology's low power consumption and high energy efficiency are key selling points that align with the growing consumer demand for sustainable and cost-effective home automation solutions. Investors should monitor Silicon Labs' performance metrics and market penetration rates following this development, as they could provide indicators of the company's growth trajectory and profitability in the IoT space.

Smart lock pioneers Nuki and U-tec select Silicon Labs solutions for Matter-over-Thread leadership

AUSTIN, Texas, Feb. 29, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced its solutions have been selected for use in the world's first native Matter-over-Thread smart locks. As more Matter-ready devices are deployed to streamline the connected home experience, companies require reliable and secure solutions to accelerate the time to market of their Matter-compatible products.

Austrian smart lock manufacturer Nuki is using Silicon Labs solutions in the fourth-generation Nuki Smart Lock, the world's first smart lock with native Matter-over-Thread support that adds smart capabilities to European-style door knobs. Silicon Valley-based smart lock manufacturer U-tec uses Silicon Labs solutions in its newly announced Ultraloq Bolt Fingerprint Matter, the first-ever biometric smart deadbolt lock with Matter-over-Thread.

"The companies leading IoT industry trends and setting the curve with Matter capabilities are coming to Silicon Labs for our Matter expertise," said Jacob Alamat, Senior Vice President for the Home and Life Business Unit at Silicon Labs. "As the largest code contributor to Matter of any semiconductor company, Silicon Labs has extensive expertise in the field, enabling our array of industry-leading Matter SoCs and modules and empowering strong, cutting-edge partnerships."

Silicon Labs' Ultra-low power Matter, Bluetooth, and Wi-Fi solutions enable Matter-over-Thread in Nuki's Smart Lock
Nuki's fourth-generation Smart Lock is a retrofit smart lock for European-style doors. It is the first with native Matter support, meaning that users do not need a separate bridge or module to run their new smart lock in multiple ecosystems. The Nuki Smart Lock is supported by numerous Silicon Labs solutions, selected for their energy efficiency, security, and reliability in developing with Matter-over-Thread.

"As pioneers in the smart home sector, it was not only important for Nuki to be part of the Matter movement from the very beginning – but also it would have been unthinkable not to be. It is all the more rewarding that we could live up to this role with the launch of our fourth-generation smart locks. But this would not have been possible without a strong partner," explains Martin Pansy, Co-Founder and CEO of Nuki. "In over a year of intensive work on this project, Silicon Labs has constantly proven its expertise and shown that, as partners, they are the same as the solutions they provide: efficient and reliable."

The Silicon Labs Matter-certified MG24 SoC and EFP01 power management IC provide Nuki with the ideal combination for energy-efficient mesh IoT wireless connectivity using Matter, OpenThread, and Zigbee protocols.

Nuki is also using Silicon Labs' BG22 Bluetooth SoC to meet the unique requirements of high-volume, battery-powered Bluetooth products and the Silicon Labs WF200 Wi-Fi transceiver, which is ideal for secure, low-power IoT Wi-Fi applications and optimized for low-power and optimal RF performance in crowded RF environments.

Later this year, the Austrian company plans to bring its retrofit locks to the US.

Secure, high-performance SoC powers Matter-over-Thread in U-tec's Ultraloq Bolt
U-tec's mission revolves around empowering homeowners with innovative, user-friendly smart home solutions, creating products that enhance security, simplify daily life, and offer peace of mind through accessible, reliable technology. The reliability and security provided by Silicon Labs helps form the backbone of this promise in their latest smart lock.

U-tec's Ultraloq Bolt Fingerprint is an advanced smart lock offering a six-in-one unlocking experience and multi-layered security. Empowered by the integration with Silicon Labs MG24 SoC, Ultraloq Bolt Fingerprint Matter will be the first smart lock with biometric recognition technology to support Matter-over-Thread.

"More than one million North American U-tec customers choose us because they seek a way to seamlessly and securely integrate connected devices into their homes," said David Huang, Strategic Partner Director at U-tec. "Silicon Labs has built a reputation as a leader in Matter and is a natural fit for our first Matter smart lock."

With critical features like high-performance 2.4 GHz RF, low current consumption, an AI/ML hardware accelerator, and Secure Vault™, the MG24 SoC enables U-tec to create intelligent, robust, and energy-efficient smart locks that are secure from remote and local cyber-attacks.

Learn more about Silicon Labs Matter Offerings
Silicon Labs is all-in on Matter, with a complete portfolio of hardware and software focused on Matter and expert support. This includes the opportunity to work directly with Silicon Labs engineers and experts in the new Silicon Labs Interoperability Lab in Boston, MA. There, engineers can evaluate products to see how they would work in a simulated home environment as they prepare for Matter certification.

If you are interested in getting started on a new Matter project with Silicon Labs, please visit:

• Matter SoC and Module Selector Guide
• Silicon Labs Matter Developer Journey
• Matter Connectivity Standard FAQ

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SOURCE Silicon Labs

What companies have selected Silicon Labs solutions for Matter-over-Thread smart locks?

Nuki and U-tec have chosen Silicon Labs solutions for the world's first native Matter-over-Thread smart locks.

What is the ticker symbol for Silicon Labs?

The ticker symbol for Silicon Labs is SLAB.

What is the significance of Nuki's fourth-generation Smart Lock?

Nuki's fourth-generation Smart Lock is the world's first smart lock with native Matter-over-Thread support for European-style door knobs.

What Silicon Labs solutions are used in Nuki's Smart Lock?

Silicon Labs' Ultra-low power Matter, Bluetooth, and Wi-Fi solutions enable Matter-over-Thread in Nuki's Smart Lock.

What is unique about U-tec's Ultraloq Bolt Fingerprint Matter smart lock?

U-tec's Ultraloq Bolt Fingerprint Matter is the first smart lock with biometric recognition technology to support Matter-over-Thread.

What critical features does the MG24 SoC from Silicon Labs offer for U-tec's smart lock?

The MG24 SoC provides high-performance 2.4 GHz RF, low current consumption, an AI/ML hardware accelerator, and Secure Vault™ for secure smart locks.