India's Smart Meter Rollout Surpasses 500,000 Units
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 41 minutes ago
0mins
Should l Buy SLAB?
Source: PRnewswire
- Smart Meter Milestone: Comminent has successfully shipped over 500,000 Wi-SUN-compliant communication modules, marking a significant advancement in India's smart grid infrastructure, which is expected to enhance connectivity and power management efficiency for millions of users.
- National Standard Adoption: The Bureau of Indian Standards has officially adopted the global Wi-SUN Field Area Network specification as the national standard, ensuring secure and interoperable wireless communication networks for smart meters, which will accelerate the development of smart cities and IoT applications.
- Addressing Deployment Challenges: Comminent's focus on solving complex deployment challenges in India positions Wi-SUN networks as the primary infrastructure for real-time monitoring and grid resilience, which is anticipated to significantly improve operational efficiency for utility companies.
- Global Market Expansion: Comminent plans to expand its communication modules powered by the EFR32FG28 Wireless SoC into global smart grid markets, including the United States and Japan, showcasing its strong capabilities and market potential in large-scale IoT networks.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SLAB?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SLAB
Wall Street analysts forecast SLAB stock price to fall
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 216.460
Low
130.00
Averages
143.75
High
160.00
Current: 216.460
Low
130.00
Averages
143.75
High
160.00
About SLAB
Silicon Laboratories Inc. is engaged in secure, intelligent wireless technology for a connected world. Its integrated hardware and software platform, intuitive development tools, ecosystem, and robust support help customers build advanced industrial, commercial, home, and life applications. It enables developers to solve complex wireless challenges throughout the product lifecycle. Its platform, purpose-built for the Internet of Things (IoT), helps customers create secure, intelligent, connected devices. Its semiconductor devices leverage standard complementary metal oxide semiconductor (CMOS), a widely available process technology. It provides analog-intensive, mixed-signal solutions for use in a variety of electronic products in a range of applications for the IoT. It has built a wireless development platform and product portfolio for the IoT based on Bluetooth, sub-GHz technologies, Wi - SUN, Thread, Wi-Fi, Zigbee and Z-Wave. It offers wireless microcontrollers and sensor products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
India's Smart Meter Rollout Surpasses 500,000 Units
- Milestone in Smart Meter Deployment: Comminent and Silicon Labs have successfully shipped over 500,000 Wi-SUN communication modules, marking a significant advancement in India's smart grid infrastructure and enhancing the efficiency of smart meter deployments to support national grid modernization.
- National Standard Adoption: The Bureau of Indian Standards has officially adopted Wi-SUN as the national standard for smart meter RF communication networks, ensuring security and interoperability for large-scale Advanced Metering Infrastructure, thereby promoting the development of smart cities and IoT applications.
- Significant Technical Advantages: Silicon Labs' EFR32FG28 Wireless SoC provides Comminent's modules with dual-band connectivity and enterprise-grade security, enabling reliable long-range connectivity in complex environments, thus meeting the high-performance communication demands of smart grids.
- Global Market Expansion: Comminent plans to leverage its successful deployment experience to expand into global smart grid markets, including the United States and Japan, further solidifying its leadership position in the energy transition sector and promoting smart grid solutions worldwide.
See More
India's Smart Meter Rollout Surpasses 500,000 Units
- Smart Meter Milestone: Comminent has successfully shipped over 500,000 Wi-SUN-compliant communication modules, marking a significant advancement in India's smart grid infrastructure, which is expected to enhance connectivity and power management efficiency for millions of users.
- National Standard Adoption: The Bureau of Indian Standards has officially adopted the global Wi-SUN Field Area Network specification as the national standard, ensuring secure and interoperable wireless communication networks for smart meters, which will accelerate the development of smart cities and IoT applications.
- Addressing Deployment Challenges: Comminent's focus on solving complex deployment challenges in India positions Wi-SUN networks as the primary infrastructure for real-time monitoring and grid resilience, which is anticipated to significantly improve operational efficiency for utility companies.
- Global Market Expansion: Comminent plans to expand its communication modules powered by the EFR32FG28 Wireless SoC into global smart grid markets, including the United States and Japan, showcasing its strong capabilities and market potential in large-scale IoT networks.
See More
Silicon Laboratories Q1 Earnings Beat Expectations
- Earnings Beat: Silicon Laboratories reported a Q1 non-GAAP EPS of $0.53, exceeding expectations by $0.03, indicating stable profitability despite revenue falling short of forecasts.
- Revenue Growth: The company achieved revenue of $213.5 million, a 20.1% year-over-year increase, although slightly missing the expected $214 million, reflecting strong performance in the technology sector.
- Acquisition Impact: With the pending acquisition by Texas Instruments, Silicon Labs has suspended its forward-looking guidance, a move that may affect investor expectations regarding future growth.
- Market Reaction: Despite the revenue miss, the earnings beat could boost market confidence in the short term, especially in light of the acquisition, as investors remain focused on the company's strategic direction going forward.
See More
Silicon Labs Promotes Dr. Aslam Rafi to Senior Fellow
- Recognition of Technical Achievement: Silicon Labs has promoted Dr. Aslam Rafi to Senior Fellow, a title representing the highest level of technical achievement within the company, acknowledging his sustained innovation and leadership in wireless technology, thereby reinforcing the company's leadership position in the low-power wireless market.
- Industry Impact: With 26 years at Silicon Labs, Dr. Rafi has driven foundational advancements in RF and analog technologies, with his innovations embedded in nearly all Silicon Labs products, significantly enhancing their industry-leading performance and strengthening the company's competitive edge.
- Intellectual Property Contributions: Dr. Rafi holds over 112 patents and has published in top forums such as the IEEE Solid-State Circuits conference, showcasing his deep expertise in the field and influence on engineering culture, further elevating Silicon Labs' industry reputation.
- Rigorous Selection Process: The Senior Fellow designation is awarded through a rigorous selection process, requiring candidates to excel in technical mastery, impact on engineering culture, commercial success, and overall industry influence, reflecting Silicon Labs' commitment to recognizing its technical leaders.
See More
Silicon Labs Promotes Dr. Aslam Rafi to Senior Fellow
- Recognition of Technical Achievement: Silicon Labs has promoted Dr. Aslam Rafi to Senior Fellow, a title representing the highest level of technical achievement within the company, acknowledging his sustained innovation and leadership in wireless technology, thereby reinforcing the company's leadership position in the low-power wireless market.
- Industry Influence: With 26 years at Silicon Labs, Dr. Rafi has driven foundational advancements in RF and analog technologies, with his innovations embedded in nearly all Silicon Labs products, significantly enhancing product performance and strengthening market competitiveness.
- Intellectual Property Contributions: Dr. Rafi holds over 112 patents and has published in leading forums, showcasing his technical expertise and providing robust support for the company's reputation and influence within the industry.
- Rigorous Selection Process: The Senior Fellow designation is awarded through a highly selective process, with candidates evaluated on technical mastery, impact on engineering culture, commercial success, and overall industry influence, reflecting Dr. Rafi's exceptional performance in these areas.
See More
Tesla Earnings Highlights and Future Outlook
- Tesla Earnings Beat: Tesla reported an adjusted earnings per share of $0.41, surpassing analyst expectations while showing strong performance in vehicle deliveries, revenue, and earnings, although slightly missing on energy storage deliveries, indicating its sustained competitiveness in the EV market.
- Terafab Semiconductor Initiative: Tesla plans to invest $3 billion in the Terafab project, aiming to produce thousands of wafers monthly, with a long-term goal of achieving one terawatt of computing power annually, showcasing its ambitious vision in the semiconductor sector that could reshape the industry landscape.
- Robotics Production Expansion: Tesla will begin preparations for its first large-scale Optimus factory at the Fremont plant, designed for an annual output of 1 million robots, while also planning a second-generation facility in Texas with a capacity of 10 million units per year, further solidifying its leadership in automation.
- Strong Performance from GE Vernova: GE Vernova reported over $12 billion in unearned revenue in Q1, reflecting robust demand in the power and renewable energy sectors, which is expected to drive cash flow growth in the coming years and enhance its market competitiveness.
See More
India's Smart Meter Rollout Surpasses 500,000 Units
- Milestone in Smart Meter Deployment: Comminent and Silicon Labs have successfully shipped over 500,000 Wi-SUN communication modules, marking a significant advancement in India's smart grid infrastructure and enhancing the efficiency of smart meter deployments to support national grid modernization.
- National Standard Adoption: The Bureau of Indian Standards has officially adopted Wi-SUN as the national standard for smart meter RF communication networks, ensuring security and interoperability for large-scale Advanced Metering Infrastructure, thereby promoting the development of smart cities and IoT applications.
- Significant Technical Advantages: Silicon Labs' EFR32FG28 Wireless SoC provides Comminent's modules with dual-band connectivity and enterprise-grade security, enabling reliable long-range connectivity in complex environments, thus meeting the high-performance communication demands of smart grids.
- Global Market Expansion: Comminent plans to leverage its successful deployment experience to expand into global smart grid markets, including the United States and Japan, further solidifying its leadership position in the energy transition sector and promoting smart grid solutions worldwide.
See More
India's Smart Meter Rollout Surpasses 500,000 Units
- Smart Meter Milestone: Comminent has successfully shipped over 500,000 Wi-SUN-compliant communication modules, marking a significant advancement in India's smart grid infrastructure, which is expected to enhance connectivity and power management efficiency for millions of users.
- National Standard Adoption: The Bureau of Indian Standards has officially adopted the global Wi-SUN Field Area Network specification as the national standard, ensuring secure and interoperable wireless communication networks for smart meters, which will accelerate the development of smart cities and IoT applications.
- Addressing Deployment Challenges: Comminent's focus on solving complex deployment challenges in India positions Wi-SUN networks as the primary infrastructure for real-time monitoring and grid resilience, which is anticipated to significantly improve operational efficiency for utility companies.
- Global Market Expansion: Comminent plans to expand its communication modules powered by the EFR32FG28 Wireless SoC into global smart grid markets, including the United States and Japan, showcasing its strong capabilities and market potential in large-scale IoT networks.
See More
Silicon Laboratories Q1 Earnings Beat Expectations
- Earnings Beat: Silicon Laboratories reported a Q1 non-GAAP EPS of $0.53, exceeding expectations by $0.03, indicating stable profitability despite revenue falling short of forecasts.
- Revenue Growth: The company achieved revenue of $213.5 million, a 20.1% year-over-year increase, although slightly missing the expected $214 million, reflecting strong performance in the technology sector.
- Acquisition Impact: With the pending acquisition by Texas Instruments, Silicon Labs has suspended its forward-looking guidance, a move that may affect investor expectations regarding future growth.
- Market Reaction: Despite the revenue miss, the earnings beat could boost market confidence in the short term, especially in light of the acquisition, as investors remain focused on the company's strategic direction going forward.
See More
Silicon Labs Promotes Dr. Aslam Rafi to Senior Fellow
- Recognition of Technical Achievement: Silicon Labs has promoted Dr. Aslam Rafi to Senior Fellow, a title representing the highest level of technical achievement within the company, acknowledging his sustained innovation and leadership in wireless technology, thereby reinforcing the company's leadership position in the low-power wireless market.
- Industry Impact: With 26 years at Silicon Labs, Dr. Rafi has driven foundational advancements in RF and analog technologies, with his innovations embedded in nearly all Silicon Labs products, significantly enhancing their industry-leading performance and strengthening the company's competitive edge.
- Intellectual Property Contributions: Dr. Rafi holds over 112 patents and has published in top forums such as the IEEE Solid-State Circuits conference, showcasing his deep expertise in the field and influence on engineering culture, further elevating Silicon Labs' industry reputation.
- Rigorous Selection Process: The Senior Fellow designation is awarded through a rigorous selection process, requiring candidates to excel in technical mastery, impact on engineering culture, commercial success, and overall industry influence, reflecting Silicon Labs' commitment to recognizing its technical leaders.
See More
Silicon Labs Promotes Dr. Aslam Rafi to Senior Fellow
- Recognition of Technical Achievement: Silicon Labs has promoted Dr. Aslam Rafi to Senior Fellow, a title representing the highest level of technical achievement within the company, acknowledging his sustained innovation and leadership in wireless technology, thereby reinforcing the company's leadership position in the low-power wireless market.
- Industry Influence: With 26 years at Silicon Labs, Dr. Rafi has driven foundational advancements in RF and analog technologies, with his innovations embedded in nearly all Silicon Labs products, significantly enhancing product performance and strengthening market competitiveness.
- Intellectual Property Contributions: Dr. Rafi holds over 112 patents and has published in leading forums, showcasing his technical expertise and providing robust support for the company's reputation and influence within the industry.
- Rigorous Selection Process: The Senior Fellow designation is awarded through a highly selective process, with candidates evaluated on technical mastery, impact on engineering culture, commercial success, and overall industry influence, reflecting Dr. Rafi's exceptional performance in these areas.
See More
Tesla Earnings Highlights and Future Outlook
- Tesla Earnings Beat: Tesla reported an adjusted earnings per share of $0.41, surpassing analyst expectations while showing strong performance in vehicle deliveries, revenue, and earnings, although slightly missing on energy storage deliveries, indicating its sustained competitiveness in the EV market.
- Terafab Semiconductor Initiative: Tesla plans to invest $3 billion in the Terafab project, aiming to produce thousands of wafers monthly, with a long-term goal of achieving one terawatt of computing power annually, showcasing its ambitious vision in the semiconductor sector that could reshape the industry landscape.
- Robotics Production Expansion: Tesla will begin preparations for its first large-scale Optimus factory at the Fremont plant, designed for an annual output of 1 million robots, while also planning a second-generation facility in Texas with a capacity of 10 million units per year, further solidifying its leadership in automation.
- Strong Performance from GE Vernova: GE Vernova reported over $12 billion in unearned revenue in Q1, reflecting robust demand in the power and renewable energy sectors, which is expected to drive cash flow growth in the coming years and enhance its market competitiveness.
See More
