Brings Innovative Semiconductor Solutions for Remote Meter
Applications and Smart Grid Technologies
Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high reliability
analog and mixed signal semiconductors enabling a broad range of end
markets, today announced that it is partnering with several of the
energy industry’s top solution providers to meet the growing worldwide
demand for smart water, gas and electric meter readers. These strategic
partnerships are enabling Skyworks to develop and ramp low-cost
solutions for remote meter reading applications and smart grid
technologies. Smart grids deliver power and energy from suppliers to
consumers using digital technology, reducing utility and consumer costs
while increasing system reliability. Governments and utilities are
actively promoting smart grids to address energy
independence, global
warming and emergency resilience
issues.
Skyworks’ customers include Badger Meter, ESCO Technologies, Itron,
Landis + Gyr Group, and Sensus. Each of these key energy management
providers leverage Skyworks’ front-end modules and linear products for
their next-generation meters and advanced metering infrastructure (AMI)
solutions.
“Skyworks is pleased to be collaborating with the principal players in
the advanced metering market,” said Liam K. Griffin, senior vice
president, sales and marketing for Skyworks. “The energy management
space has tremendous potential with several catalysts driving demand.
The adoption of wireless technology provides a compelling benefit to
metering suppliers and utilities, and we are in the early stages of this
global upgrade cycle. We are excited to deliver a suite of customized
solutions in support of this rapidly growing market and look forward to
enabling our customers’ continued success with Skyworks’ high
performance analog technology.”
Gartner expects more than 150 million smart meters to be installed
worldwide in the next five years, with approximately 50 percent in North
America – creating a cumulative semiconductor business of $2 billion by
2012. In the same December 2008 report, Gartner added that by 2012,
consumers will be able to use personal communication devices, such as
cellular phones, remotely to control the power consumption of
electronics in their homes.
About Skyworks
Skyworks Solutions, Inc. is an innovator of high reliability analog and
mixed signal semiconductors.
