Download full size image

New SoC Leverages ConcurrentConnect™ Technology For Seamless Smart Home Connectivity

GREENSBORO, NC – September 19, 2024 – Qorvo^® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, introduces a new system on chip (SoC) solution for smart home devices, which is now sampling with key customers. This next-generation IoT solution features Qorvo’s proprietary ConcurrentConnect™ technology and combines multi-network support for Matter™, Zigbee^® and Bluetooth^® Low Energy with unrivaled energy efficiency in a scalable turnkey solution.

QPG6200L is the first product based on a new low-power wireless connectivity platform from Qorvo designed to address the challenges of today’s rapidly evolving smart home environment, ensuring seamless communication and interoperability across multiple wireless standards. The QPG6200L supports multiple protocols on separate channels simultaneously, delivering the highest RF performance and reliability for a wide range of consumer IoT applications, including smart lighting, sensors and home hubs. It also leverages a built-in secure element and is PSA Certified Level 2 for enhanced IoT security.

"The QPG6200L adds to Qorvo’s leadership in smart home connectivity," said Marc Pegulu, general manager of Qorvo’s Connectivity Systems business. "Featuring our unique ConcurrentConnect technology not only enhances device performance across multiple networks but also eases the transition to Matter, offering users the best of both worlds without leaving any Zigbee devices behind."

Qorvo’s QPG6200L sets a new paradigm in energy efficiency for multi-standard SoCs with an industry-leading sleep current of less than 1 µA, 30% lower than competing solutions, making it the ideal choice for low-power applications such as battery-operated sensors and energy-harvesting devices. The QPG6200L’s ultra-low power consumption extends battery life and supports more sustainable smart home solutions.

As the global market for smart home devices continues to expand, with IDC projecting global sales to reach 1.2 billion units by 2028, the QPG6200L is poised to play a critical role in supporting the next wave of connected devices. Qorvo offers smart home OEMs a turnkey solution for Matter over Thread, simplifying the design process while ensuring robust security and performance across the network. Its PSA Level 2 certification ensures the QPG6200L solution meets security standards to protect against common software attacks.

QPG6200L SoC samples and development kits are available now, with full production planned for early next year. For more information about ConcurrentConnect technology and Qorvo's innovative ultra-low-power wireless data communication controllers, visit Qorvo’s low-power IoT solutions page.

About Qorvo
Qorvo (Nasdaq:QRVO) supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure and mobile. Visit www.qorvo.com to learn how our diverse and innovative team is helping connect, protect and power our planet.

Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners.

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as “may,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue” and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management’s current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results; our substantial dependence on developing new products and achieving design wins; our dependence on a few large customers for a substantial portion of our revenue; a loss of revenue if contracts with the United States government or defense and aerospace contractors are canceled or delayed or if defense spending is reduced; the COVID-19 pandemic, which has and will likely continue to negatively impact the global economy and disrupt normal business activities and which may have an adverse effect on our results of operations; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs due to timing of customer forecasts; our inability to effectively manage or maintain evolving relationships with platform providers; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; our ability to implement innovative technologies; underutilization of manufacturing facilities as a result of industry overcapacity; we may not be able to borrow funds under our credit facility or secure future financing; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; volatility in the price of our common stock; damage to our reputation or brand; fluctuations in the amount and frequency of our stock repurchases; our recent and future acquisitions and other strategic investments could fail to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches and other similar disruptions compromising our information; theft, loss or misuse of personal data by or about our employees, customers or third parties; warranty claims, product recalls and product liability; and risks associated with environmental, health and safety regulations and climate change. Many of the foregoing risks and uncertainties are and will continue to be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic environment as a result. These and other risks and uncertainties, which are described in more detail in Qorvo’s most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.