IRVINE, Calif.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced that its advanced wireless engines are enabling Philips’ CityTouch end-to-end street lighting management platforms. Specifically, Skyworks’ connectivity solutions provide superior efficiency, extended range and complete network coverage to facilitate seamless communication between Philips’ smart street lamps and cellular base stations. These innovative devices allow city operators to reduce power consumption and support public safety through adaptive scheduling and remote services. Installations of CityTouch have commenced worldwide, fostering more livable and sustainable environments.
Local governments are increasingly utilizing Internet of Things (IoT) and artificial intelligence (AI) innovations to overcome fiscal, environmental, security and energy challenges. Skyworks’ robust portfolio of IoT architectures are empowering numerous applications for intelligent city operations spanning smart metering, surveillance systems and responsive traffic signals.
“Skyworks is playing an integral role in the transformation of cities into dynamic, automated ecosystems,” said Carlos Bori, vice president of sales and marketing for Skyworks. “In particular, our high performance wireless solutions are facilitating highly-efficient, long range connectivity for IoT platforms. Looking ahead, as cities become even smarter with the convergence of diverse AI applications, Skyworks is delivering the enabling technologies that will usher in a new era of connected living.”
According to ABI Research, IoT technology revenues across 12 key smart city verticals are expected to grow from $25 billion in 2017 to $62 billion by 2026. This growth is being driven by a number of factors including the modernization of city infrastructure systems, increasing demand for intelligent, energy-saving street lighting and a growing awareness among consumers and governments worldwide.
About Skyworks’ Cellular IoT Solutions
Select solutions powering Philips’ CityTouch connected lighting platform include a family of MMMB amplifiers, step down regulators and LTE switches.
For more information about Skyworks’ leading connectivity solutions for IoT, please visit: www.skyworksinc.com or contact your Skyworks representative.
About Skyworks
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 aerospace, 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.
Safe Harbor Statement
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.
