Mixed-Signal Innovator Chosen by Needham & Company for Steady Growth
and Overall Performance in 2012
AUSTIN, Texas--(BUSINESS WIRE)--
Silicon
Laboratories Inc. (Nasdaq: SLAB), a leader in high-performance,
analog-intensive, mixed-signal integrated circuits (ICs), today
announced that it won the prestigious Analyst Favorite Semiconductor
Company Award presented by Needham & Company at the Global Semiconductor
Alliance Award Dinner Celebration held on December 13 in San Jose,
California.
"This award represents more than a company's absolute return on share
price or financial performance but steady improvements throughout 2012,"
said Vernon Essi, senior analyst for analog and mixed-signal
semiconductors, Needham & Company. "All of the nominees deserve
accolades for their 2012 performance and overall strategies. However, I
felt that Silicon Labs performed remarkably well as it successfully
exited a less strategic business and delivered on growth in its most
differentiated products. I am pleased to name Silicon Labs as the
recipient of this well-deserved award."
The GSA award dinner, one of the semiconductor industry's premier
events, recognizes companies that have demonstrated excellence through
their vision, strategies and execution. The annual celebration honors
the achievements of companies in several categories ranging from
outstanding leadership to financial accomplishments, as well as overall
respect within the industry.
"I am honored to accept this award on behalf of all the employees of
Silicon Labs," said Tyson Tuttle, president and CEO of Silicon Labs. "We
are very focused on becoming a leader in our industry, and we are
building the great products and strong business model to achieve that
goal. We appreciate this recognition, particularly among such a strong
group of nominees."
"We are thrilled for the Silicon Labs team to receive the 2012 Analyst
Favorite Semiconductor Company Award by Needham & Company," said Jodi
Shelton, co-founder and president of GSA. "This award is a true
recognition of Silicon Labs' continued success and history of innovation
in the analog/mixed-signal market, and we congratulate them on this
honor."
About GSA
The Global Semiconductor Alliance (GSA) mission is to accelerate the
growth and increase the return on invested capital of the global
semiconductor industry by fostering a more effective ecosystem through
collaboration, integration and innovation. It addresses the challenges
within the supply chain including IP, EDA/design, wafer manufacturing,
test and packaging to enable industry-wide solutions. Providing a
platform for meaningful global collaboration, the Alliance identifies
and articulates market opportunities, encourages and supports
entrepreneurship, and provides members with comprehensive and unique
market intelligence. Members include companies throughout the supply
chain representing 30 countries across the globe. www.gsaglobal.org
Silicon Laboratories Inc.
Silicon Laboratories is an industry leader in the innovation of
high-performance, analog-intensive, mixed-signal ICs. Developed by a
world-class engineering team with unsurpassed expertise in mixed-signal
design, Silicon Labs' diverse portfolio of patented semiconductor
solutions offers customers significant advantages in performance, size
and power consumption. For more information about Silicon Labs, please
visit www.silabs.com.
Cautionary Language
This press release may contain forward-looking statements based on
Silicon Laboratories' current expectations. These forward-looking
statements involve risks and uncertainties. A number of important
factors could cause actual results to differ materially from those in
the forward-looking statements. For a discussion of factors that could
impact Silicon Laboratories' financial results and cause actual results
to differ materially from those in the forward-looking statements,
please refer to Silicon Laboratories' filings with the SEC. Silicon
Laboratories disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise.
Note to editors: Silicon Laboratories, Silicon Labs, the "S" symbol, the
Silicon Laboratories logo and the Silicon Labs logo are trademarks of
Silicon Laboratories Inc. All other product names noted herein may be
trademarks of their respective holders.
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Explore Silicon Labs' diverse product portfolio at www.silabs.com/parametric-search.
Silicon Laboratories Inc.
Dale Weisman, +1-512-532-5871
dale.weisman@silabs.com
Source: Silicon Laboratories Inc.
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